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Which committee recommended the establishment of the National Payments Corporation of India (NPCI)?
  • a)
    Raghuram Rajan Committee
  • b)
    Urjit Patel Committee
  • c)
    Bimal Jalan Committee
  • d)
    P. J. Nayak Committee
  • e)
    Damodaran Committee
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Which committee recommended the establishment of the National Payments...
The P. J. Nayak Committee, constituted in 2014, recommended the establishment of the National Payments Corporation of India (NPCI). The committee, headed by P. J. Nayak, submitted a report titled "Governance of Boards of Banks in India," which focused on improving the governance structure of public sector banks. As part of its recommendations, the committee proposed the creation of the NPCI to oversee and regulate various payment systems in the country.
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Which committee recommended the establishment of the National Payments Corporation of India (NPCI)?a)Raghuram Rajan Committeeb)Urjit Patel Committeec)Bimal Jalan Committeed)P. J. Nayak Committeee)Damodaran CommitteeCorrect answer is option 'D'. Can you explain this answer?
Question Description
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