Committees/Commissions Related to Indian Economy

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This list is very exam-oriented, so MCQs like this can clear 100% conceptual clarity for prelims + mains ๐Ÿ’ฏ


๐Ÿ”ข Total Committees / Commissions Covered

๐Ÿ‘‰ Total = 22 Committees / Commissions

➡️ Below are 22 scenario-based, real-life MCQs
➡️ One MCQ = One Committee (none skipped)
➡️ Emoji-rich + exam-ready ๐Ÿง ✨


1️⃣ Kothari Commission (1964) ๐ŸŽ“

MCQ:
The Government plans a uniform education system, focuses on quality improvement, and links education with national development. Which committee’s recommendations inspired this move?

A) Mudaliar Commission
B) Kothari Commission ✅
C) Sarkaria Commission
D) Ashok Mehta Committee

Explanation:
Kothari Commission = education reforms + national integration ๐Ÿ“š๐Ÿ‡ฎ๐Ÿ‡ณ


2️⃣ Basel Committee (1974) ๐Ÿฆ๐ŸŒ

MCQ:
After a global banking crisis, RBI introduces capital adequacy norms and risk-based supervision. These norms are based on which committee?

A) Narasimham Committee
B) Basel Committee ✅
C) Chakravarty Committee
D) Vaghul Committee

Explanation:
Basel Committee = global banking safety standards ๐Ÿ’ฐ⚖️


3️⃣ Tandon Committee (1974) ๐Ÿ’ณ

MCQ:
A manufacturing firm approaches a bank for loans. The bank insists on proper working capital assessment norms. Which committee guided this?

A) Chakravarty Committee
B) Tandon Committee ✅
C) Khusro Committee
D) Marathe Committee

Explanation:
Tandon Committee = working capital financing system ๐Ÿญ๐Ÿ“Š


4️⃣ SP Talwar Committee (1975) ๐Ÿฆ

MCQ:
A public sector bank is facing continuous losses. Government plans restructuring of weak PSBs. Which committee is relevant?

A) Narasimham Committee
B) Basel Committee
C) SP Talwar Committee ✅
D) Goiporia Committee

Explanation:
SP Talwar = revival of weak public sector banks ๐Ÿ”ง๐Ÿฆ


5️⃣ Dantwala Committee (1977) ๐Ÿ‘ท‍♂️๐Ÿ“ˆ

MCQ:
The government wants accurate data on unemployment to plan job schemes. Which committee dealt with this issue?

A) Rangarajan Committee
B) Dantwala Committee ✅
C) Abid Hussain Committee
D) Goswami Committee

Explanation:
Dantwala Committee = unemployment estimation ๐Ÿ“‰๐Ÿ‘ฅ


6️⃣ Shivraman Committee (1979) ๐ŸŒพ๐Ÿฆ

MCQ:
To boost agricultural and rural credit, the government sets up a new apex institution. Which committee led to this?

A) Khusro Committee
B) Shivraman Committee ✅
C) Vaghul Committee
D) Hanumant Rao Committee

Explanation:
Shivraman Committee = NABARD formation ๐ŸŒฑ๐Ÿ’ธ


7️⃣ Marathe Committee (1982) ๐Ÿ™️๐Ÿฆ

MCQ:
RBI issues new guidelines for urban cooperative banks. These recommendations trace back to which committee?

A) Goiporia Committee
B) Marathe Committee ✅
C) Talwar Committee
D) Malhotra Committee

Explanation:
Marathe Committee = urban cooperative banks reforms ๐Ÿฆ๐Ÿ™️


8️⃣ Sukhamoy Chakravarty Committee (1982) ๐Ÿ’ฐ๐Ÿ“‰

MCQ:
RBI reviews money supply, inflation control, and monetary policy effectiveness. Which committee studied this earlier?

A) Vaghul Committee
B) Chakravarty Committee ✅
C) Narasimham Committee
D) Rekhi Committee

Explanation:
Chakravarty Committee = Indian monetary system analysis ๐Ÿ’ต๐Ÿ“Š


9️⃣ Hanumant Rao Committee (1983) ๐ŸŒพ๐Ÿงช

MCQ:
The government wants to rationalize fertiliser pricing and subsidies. Which committee addressed this?

A) Khusro Committee
B) Hanumant Rao Committee ✅
C) Dantwala Committee
D) Abid Hussain Committee

Explanation:
Hanumant Rao = fertiliser sector reforms ๐ŸŒฑ⚗️


๐Ÿ”Ÿ Vaghul Committee (1987) ๐Ÿ’น

MCQ:
Introduction of call money market, repo market, and short-term instruments is based on which committee?

A) Chakravarty Committee
B) Vaghul Committee ✅
C) Basel Committee
D) Rekhi Committee

Explanation:
Vaghul Committee = money market development ๐Ÿ“ˆ๐Ÿ’ธ


1️⃣1️⃣ Khusro Committee (1989) ๐ŸŒพ๐Ÿ’ณ

MCQ:
A farmer struggles to get timely institutional credit. Which committee focused on agricultural credit system reforms?

A) Shivraman Committee
B) Khusro Committee ✅
C) Marathe Committee
D) Abid Hussain Committee

Explanation:
Khusro Committee = farm credit reforms ๐Ÿšœ๐Ÿ’ฐ


1️⃣2️⃣ Goiporia Committee (1990) ๐Ÿ˜Š๐Ÿฆ

MCQ:
Banks introduce better customer service, complaint redressal, and transparency. Which committee recommended this?

A) Talwar Committee
B) Goiporia Committee ✅
C) Basel Committee
D) Narasimham Committee

Explanation:
Goiporia Committee = bank customer service improvement ๐Ÿ“ž๐Ÿ™‚


1️⃣3️⃣ Raja Chelliah Committee (1991) ๐Ÿ’ธ๐Ÿงพ

MCQ:
Government simplifies tax structure, lowers rates, and broadens the tax base. Which committee laid the foundation?

A) Rekhi Committee
B) Raja Chelliah Committee ✅
C) Chakravarty Committee
D) Kelkar Committee

Explanation:
Raja Chelliah = modern tax reforms ๐Ÿงฎ๐Ÿ“‰


1️⃣4️⃣ Narasimham Committee (1991) ๐Ÿฆ๐Ÿ”ฅ

MCQ:
Banking reforms introduce NPA norms, capital adequacy, and competition. Which committee is behind this?

A) Basel Committee
B) Narasimham Committee ✅
C) Talwar Committee
D) Vaghul Committee

Explanation:
Narasimham Committee = banking sector liberalisation ๐Ÿš€๐Ÿฆ


1️⃣5️⃣ Rekhi Committee (1992) ๐Ÿงพ

MCQ:
Government plans restructuring of indirect taxes like excise and customs. Which committee advised this?

A) Raja Chelliah Committee
B) Rekhi Committee ✅
C) Kelkar Committee
D) Goswami Committee

Explanation:
Rekhi Committee = indirect tax reforms ๐Ÿ“Š๐Ÿ’ผ


1️⃣6️⃣ Janakiramanan Committee (1992) ๐Ÿ“‰๐Ÿ“œ

MCQ:
After a stock market scam, government investigates securities transactions irregularities. Which committee was formed?

A) GV Ramakrishna Committee
B) Janakiramanan Committee ✅
C) Malhotra Committee
D) Vohra Committee

Explanation:
Janakiramanan = securities scam investigation ๐Ÿ”๐Ÿ“‰


1️⃣7️⃣ GV Ramakrishna Committee (1993) ๐Ÿญ๐Ÿ’ฐ

MCQ:
Government decides to sell stakes in PSUs to raise funds. Which committee recommended this?

A) Disinvestment Commission
B) GV Ramakrishna Committee ✅
C) Goswami Committee
D) Talwar Committee

Explanation:
GV Ramakrishna = disinvestment policy ๐Ÿญ➡️๐Ÿ’ธ


1️⃣8️⃣ Malhotra Committee (1993) ๐Ÿ›ก️๐Ÿ“„

MCQ:
Private companies are allowed into the insurance sector. Which committee’s report enabled this?

A) Narasimham Committee
B) Malhotra Committee ✅
C) Chakravarty Committee
D) Basel Committee

Explanation:
Malhotra Committee = insurance sector reforms ๐Ÿ›ก️๐Ÿ“ˆ


1️⃣9️⃣ NN Vohra Committee (1993) ๐Ÿšจ๐Ÿ•ต️‍♂️

MCQ:
Government investigates the nexus between politicians, criminals, and bureaucrats. Which committee studied this?

A) Goswami Committee
B) NN Vohra Committee ✅
C) Janakiramanan Committee
D) Sarkaria Committee

Explanation:
Vohra Committee = criminal-political nexus ⚠️๐Ÿง 


2️⃣0️⃣ Goswami Committee (1993) ๐Ÿญ๐Ÿ“‰

MCQ:
A sick industrial unit requires revival measures. Which committee focused on industrial sickness?

A) Abid Hussain Committee
B) Goswami Committee ✅
C) Talwar Committee
D) Rekhi Committee

Explanation:
Goswami Committee = industrial sickness solutions ๐Ÿญ๐Ÿฉบ


2️⃣1️⃣ Ajit Kumar Committee (1997) ๐Ÿช–๐Ÿ’ฐ

MCQ:
The government revises Army pay scales to improve morale. Which committee handled this?

A) Pay Commission
B) Ajit Kumar Committee ✅
C) Kothari Commission
D) Abid Hussain Committee

Explanation:
Ajit Kumar Committee = Army pay restructuring ๐Ÿ‡ฎ๐Ÿ‡ณ๐Ÿช–


2️⃣2️⃣ Abid Hussain Committee (1997) ๐Ÿญ๐Ÿ“ฆ

MCQ:
Government wants to modernize and strengthen Small Scale Industries (SSI). Which committee guided this?

A) Goswami Committee
B) Abid Hussain Committee ✅
C) Khusro Committee
D) Dantwala Committee

Explanation:
Abid Hussain Committee = SSI reforms & competitiveness ๐Ÿญ๐Ÿš€


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๐Ÿ”ข Total Committees / Commissions Covered

๐Ÿ‘‰ 22 Committees / Commissions
(✔️ none skipped, including repeated names like Mashelkar with different purposes)


Below are 22 high-quality, scenario-based MCQs — one MCQ per committee, designed to clear 100% conceptual understanding for exams like UPSC, BPSC, SSC, Banking, State PCS ๐Ÿ“š๐Ÿ”ฅ
(Loaded with real-life cases + emojis as requested)


1️⃣ Chandratre Committee (1997) – Security Analysis & Investment ๐Ÿ“Š

MCQ:
A mutual fund company wants to improve how it evaluates shares before investing public money to avoid market crashes ๐Ÿ“‰. Which committee’s recommendations should guide them?

A) Mahajan Committee
B) Chandratre Committee ✅
C) Tarapore Committee
D) Vasudev Committee

Explanation:
Chandratre Committee ๐Ÿ‘‰ focused on security analysis & investment practices ๐Ÿ“ˆ
Used in capital markets & financial decision-making.


2️⃣ Mahajan Committee (1997) – Sugar Industry ๐Ÿฌ

MCQ:
The government wants to reform sugar pricing, cane procurement, and mill efficiency due to farmer protests ๐Ÿšœ. Which committee studied this sector?

A) Meera Seth Committee
B) Mahajan Committee ✅
C) Swaminathan Committee
D) Sapta Rishi Committee

Explanation:
Mahajan Committee = Sugar industry reforms ๐Ÿญ
Covers pricing, mills, and farmer issues.


3️⃣ Meera Seth Committee (1997) – Handloom Development ๐Ÿงต

MCQ:
A handloom cluster in Bihar is declining due to power looms ๐Ÿชก. Government seeks revival strategies for artisans. Which committee is relevant?

A) Mahajan
B) Meera Seth Committee ✅
C) Sapta Rishi
D) Abhijit Sen

Explanation:
Meera Seth Committee = Development of handlooms ๐Ÿงถ
Focused on artisan welfare & traditional industries.


4️⃣ Tarapore Committee (1997) – Capital Account Convertibility ๐ŸŒ

MCQ:
India plans to allow free movement of capital like developed nations ๐Ÿ’ฑ. RBI seeks expert guidance. Which committee report is essential?

A) Rakesh Mohan
B) YB Reddy
C) Tarapore Committee ✅
D) JS Verma

Explanation:
Tarapore Committee = Capital Account Convertibility (CAC)
Deals with foreign capital flows ๐ŸŒ.


5️⃣ UK Sharma Committee (1998) – NABARD & RRB ๐Ÿฆ

MCQ:
Regional Rural Banks are underperforming and NABARD’s role needs review ๐ŸŒพ. Which committee studied this?

A) Vasudev
B) UK Sharma Committee ✅
C) SN Verma
D) Dave Committee

Explanation:
UK Sharma Committee = NABARD’s role in RRBs
Focus on rural credit & banking.


6️⃣ Vasudev Committee (1998) – NBFC Reforms ๐Ÿข

MCQ:
A fintech NBFC collapses due to weak regulation ๐Ÿ˜จ. Government wants stricter NBFC reforms. Which committee addressed this?

A) Rakesh Mohan
B) Vasudev Committee ✅
C) Chandratre
D) Tarapore

Explanation:
Vasudev Committee = NBFC sector reforms
Important after financial instability.


7️⃣ RV Gupta Committee (1998) – Small Savings & Agri Credit ๐ŸŒพ

MCQ:
Farmers face credit shortages while post-office savings schemes underperform ๐Ÿ’ธ. Which committee looked into both?

A) Abhijit Sen
B) RV Gupta Committee ✅
C) Swaminathan
D) UK Sharma

Explanation:
RV Gupta Committee = Small savings + agricultural credit.


8️⃣ JS Verma Committee (1999) – Current Account Carry Forward ๐Ÿ”„

MCQ:
Stock traders are allowed to carry forward losses across settlement cycles ๐Ÿ“‰๐Ÿ“ˆ. Which committee examined this practice?

A) Chandratre
B) JS Verma Committee ✅
C) Tarapore
D) Birla Committee

Explanation:
JS Verma Committee = Current account carry-forward practice.


9️⃣ Kumarmanglam Birla Committee (1999) – Corporate Governance ๐Ÿข⚖️

MCQ:
A listed company hides financial data from shareholders ๐Ÿ˜ก. SEBI wants stronger board accountability. Which committee laid the foundation?

A) JJ Irani
B) Birla Committee ✅
C) SN Verma
D) Rakesh Mohan

Explanation:
Birla Committee = Corporate Governance
Board independence, transparency ๐Ÿ“Š.


๐Ÿ”Ÿ SN Verma Committee (1999) – Commercial Bank Restructuring ๐Ÿฆ

MCQ:
Public sector banks suffer NPAs and inefficiency ๐Ÿ“‰. Which committee focused on restructuring them?

A) Rakesh Mohan
B) SN Verma Committee ✅
C) UK Sharma
D) Vasudev

Explanation:
SN Verma Committee = Commercial bank restructuring.


1️⃣1️⃣ Dave Committee (2000) – Pension for Unorganised Sector ๐Ÿ‘ท

MCQ:
A street vendor has no retirement security ๐Ÿ˜”. Government plans pension for unorganised workers. Which committee suggested this?

A) Tendulkar
B) Dave Committee ✅
C) Swaminathan
D) Shuglu

Explanation:
Dave Committee = Pension for unorganised sector ๐Ÿง“.


1️⃣2️⃣ YB Reddy Committee (2001) – Income Tax Rebates ๐Ÿ’ฐ

MCQ:
Middle-class taxpayers demand fair tax rebates ๐Ÿ“„. Which committee reviewed income tax rebates?

A) Rakesh Mohan
B) YB Reddy Committee ✅
C) Tarapore
D) Birla

Explanation:
YB Reddy Committee = Review of Income Tax Rebates.


1️⃣3️⃣ Abhijit Sen Committee (2002) – Long-Term Food Policy ๐ŸŒพ๐Ÿš

MCQ:
India wants to ensure food security for the next 20 years ๐Ÿฅ˜. Which committee framed long-term food strategy?

A) Swaminathan
B) Abhijit Sen Committee ✅
C) Sapta Rishi
D) Tendulkar

Explanation:
Abhijit Sen Committee = Long-term food policy.


1️⃣4️⃣ Mashelkar Committee (2002) – Auto Fuel Policy ๐Ÿš—

MCQ:
Government wants cleaner petrol & diesel to reduce pollution ๐ŸŒฑ. Which committee guided auto fuel norms?

A) Mashelkar Committee ✅
B) Rakesh Mohan
C) Tarapore
D) Vasudev

Explanation:
Mashelkar (2002) = Auto Fuel Policy.


1️⃣5️⃣ Sapta Rishi Committee (2002) – Tea Development ๐Ÿต

MCQ:
Indian tea exports decline ๐Ÿ“‰. Government wants domestic tea sector revival. Which committee studied this?

A) Abhijit Sen
B) Sapta Rishi Committee ✅
C) Meera Seth
D) Mahajan

Explanation:
Sapta Rishi Committee = Domestic tea development.


1️⃣6️⃣ Udesh Kohli Committee (2003) – Power Sector Funds ⚡

MCQ:
Power projects stall due to funding gaps ๐Ÿ”Œ. Which committee analysed fund requirements?

A) Rakesh Mohan
B) Udesh Kohli Committee ✅
C) SN Verma
D) Vasudev

Explanation:
Udesh Kohli Committee = Power sector fund analysis.


1️⃣7️⃣ JJ Irani Committee (2004) – Company Law Reforms ๐Ÿ“œ

MCQ:
India wants simpler company laws for startups ๐Ÿš€. Which committee reformed company law?

A) Birla
B) JJ Irani Committee ✅
C) Mashelkar
D) Verma

Explanation:
JJ Irani Committee = Company Law reforms.


1️⃣8️⃣ Swaminathan Committee (2004) – Farmer Problems ๐Ÿšœ

MCQ:
Farmer suicides rise due to low income ๐Ÿ˜ข. Which committee studied farmer distress?

A) Abhijit Sen
B) Swaminathan Committee ✅
C) Tendulkar
D) Mahajan

Explanation:
Swaminathan Committee = Problems of farmers.


1️⃣9️⃣ Suresh Tendulkar Committee (2005) – Poverty Line ๐Ÿ“‰

MCQ:
Government wants a realistic poverty line for welfare schemes ๐Ÿงฎ. Which committee redefined it?

A) Rangarajan
B) Tendulkar Committee ✅
C) Abhijit Sen
D) Dave

Explanation:
Tendulkar Committee = Poverty line redefinition.


2️⃣0️⃣ Mashelkar Committee (2005) – Euro Emission Standards ๐ŸŒ

MCQ:
India aligns vehicle emission norms with Europe ๐Ÿš˜๐ŸŒฟ. Which committee advised this?

A) Mashelkar Committee ✅
B) Rakesh Mohan
C) Birla
D) Kohli

Explanation:
Mashelkar (2005) = Euro emission standards.


2️⃣1️⃣ Shuglu Committee (2006) – Sardar Sarovar Rehabilitation ๐Ÿ—️

MCQ:
People displaced by Sardar Sarovar Dam demand rehabilitation ๐Ÿ . Which committee addressed this?

A) Swaminathan
B) Shuglu Committee ✅
C) Abhijit Sen
D) Dave

Explanation:
Shuglu Committee = Rehabilitation issues.


2️⃣2️⃣ Rakesh Mohan Committee (2006) – Financial Sector Improvement ๐Ÿ’น

MCQ:
India wants a strong, globally competitive financial system ๐ŸŒ. Which committee worked on this?

A) Tarapore
B) Rakesh Mohan Committee ✅
C) YB Reddy
D) Vasudev

Explanation:
Rakesh Mohan Committee = Financial sector reforms.


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๐Ÿ“Š Total Committees / Commissions Covered

๐Ÿ‘‰ Total = 21 Committees / Commissions


Below are 21 scenario-based, real-life MCQs — one MCQ per committee, designed to clear 100% concepts ๐Ÿš€
(Heavy use of relevant emojis as requested)


1️⃣ Percy Mistry Committee (2007) ๐ŸŒ†๐Ÿ’ฐ

MCQ:
The Maharashtra government plans to transform Mumbai into a global finance hub like London and New York by improving financial markets, regulation, and infrastructure. Which committee’s recommendation aligns with this vision?

A) Kelkar Committee
B) Percy Mistry Committee ✅
C) Urjit Patel Committee
D) Bimal Jalan Committee

Explanation:
Percy Mistry Committee (2007) ๐Ÿ‘‰ Making Mumbai an International Financial Capital ๐ŸŒ๐Ÿฆ


2️⃣ BK Chaturvedi Committee (2008) ⛽๐Ÿ“‰

MCQ:
Due to rising crude oil prices, Indian oil companies report heavy losses and seek government intervention. Which committee examined their financial condition?

A) Kelkar Committee
B) BK Chaturvedi Committee ✅
C) Dhanuka Committee
D) MB Shah Committee

Explanation:
BK Chaturvedi Committee studied the financial health of oil PSUs ⛽๐Ÿ’ธ


3️⃣ Bhurela Committee (2010) ๐Ÿš—๐Ÿ’ฐ

MCQ:
A state government proposes increasing road tax on cars and bikes to raise revenue. Which committee is linked to this policy decision?

A) Urjit Patel Committee
B) Bhurela Committee ✅
C) Som Committee
D) Prasad Panel

Explanation:
Bhurela Committee (2010) ๐Ÿ‘‰ Increase in Motor Vehicle Tax ๐Ÿš˜๐Ÿ“ˆ


4️⃣ KC Chakrabarty Committee (2011) ๐Ÿฆ๐ŸŒพ

MCQ:
A Regional Rural Bank (RRB) is struggling with losses and poor lending efficiency. Which committee analyzed such issues?

A) Nachiket Mor Committee
B) KC Chakrabarty Committee ✅
C) PJ Nayak Committee
D) Malegam Committee

Explanation:
KC Chakrabarty Committee studied financial condition of RRBs ๐ŸŒพ๐Ÿฆ


5️⃣ C Babu Rajiv Committee (2012) ๐Ÿšข⚓

MCQ:
India plans to modernize maritime laws governing ports and ships. Which committee recommended reforms in shipping laws?

A) Deepak Parekh Committee
B) C Babu Rajiv Committee ✅
C) Percy Mistry Committee
D) Prasad Panel

Explanation:
C Babu Rajiv Committee ๐Ÿ‘‰ Reforms in Ship Act, 1908 & Ship Trust Act, 1963 ๐Ÿšข๐Ÿ“œ


6️⃣ Kelkar Committee (2012) ๐Ÿ’ธ๐Ÿงพ

MCQ:
The government wants to simplify taxes, reduce exemptions, and improve efficiency. Which committee focused on tax structure reforms?

A) Kelkar Committee ✅
B) Som Committee
C) Dhanuka Committee
D) Rangarajan Committee

Explanation:
Kelkar Committee ๐Ÿ‘‰ Tax Reforms (GST, rationalisation) ๐Ÿ’ฐ๐Ÿ“‰


7️⃣ C Rangarajan Committee (2012) ๐Ÿ“‰๐Ÿ‘จ‍๐Ÿ‘ฉ‍๐Ÿ‘ง‍๐Ÿ‘ฆ

MCQ:
India revises how poverty is measured to better identify the poor. Which committee reviewed the poverty measurement methodology?

A) Nachiket Mor Committee
B) Rangarajan Committee ✅
C) Kelkar Committee
D) AK Mathur Commission

Explanation:
C Rangarajan Committee ๐Ÿ‘‰ Poverty estimation method ๐Ÿ“Š๐Ÿ“


8️⃣ Deepak Parekh Committee (2012) ๐Ÿ—️๐Ÿค

MCQ:
A highway project is built using a Public-Private Partnership (PPP) model. Which committee focused on financing infrastructure via PPP?

A) Raghuram Rajan Committee
B) Deepak Parekh Committee ✅
C) Percy Mistry Committee
D) Malegam Committee

Explanation:
Deepak Parekh Committee ๐Ÿ‘‰ Infrastructure financing through PPP ๐Ÿ—️๐Ÿค


9️⃣ Raghuram Rajan Committee (2012) ๐Ÿ›️๐Ÿ“Š

MCQ:
States demand a fair formula for receiving funds from the Centre. Which committee examined central assistance to states?

A) Bimal Jalan Committee
B) Raghuram Rajan Committee ✅
C) Urjit Patel Committee
D) KC Chakrabarty Committee

Explanation:
Raghuram Rajan Committee ๐Ÿ‘‰ Centre-State financial relations ๐Ÿ›️๐Ÿ’ต


๐Ÿ”Ÿ Urjit Patel Committee (2013) ๐Ÿ“‰๐Ÿฆ

MCQ:
RBI adopts inflation targeting and structured interest-rate decisions. Which committee laid this foundation?

A) Bimal Jalan Committee
B) Urjit Patel Committee ✅
C) Kelkar Committee
D) Som Committee

Explanation:
Urjit Patel Committee ๐Ÿ‘‰ Monetary Policy Framework ๐ŸŽฏ๐Ÿ“‰


1️⃣1️⃣ Som Committee (2013) ๐Ÿงพ๐Ÿ’ฐ

MCQ:
The government plans to redesign the income tax system to make it simpler. Which committee suggested a new income tax structure?

A) Kelkar Committee
B) Som Committee ✅
C) Dhanuka Committee
D) Prasad Panel

Explanation:
Som Committee ๐Ÿ‘‰ New Income Tax Structure ๐Ÿงพ๐Ÿ“Š


1️⃣2️⃣ Dhanuka Committee (2013) ๐Ÿ“ˆ๐Ÿ“‰

MCQ:
SEBI reviews stock market rules to improve transparency. Which committee examined capital market regulations?

A) Dhanuka Committee ✅
B) Malegam Committee
C) PJ Nayak Committee
D) Rangarajan Committee

Explanation:
Dhanuka Committee ๐Ÿ‘‰ Capital Market Regulations ๐Ÿ“Š⚖️


1️⃣3️⃣ Chandra Shekhar Committee (2013) ๐Ÿš€๐Ÿ’ผ

MCQ:
A startup fund wants to promote venture capital investment in India. Which committee focused on venture capital?

A) Nachiket Mor Committee
B) Chandra Shekhar Committee ✅
C) Deepak Parekh Committee
D) Prasad Panel

Explanation:
Chandra Shekhar Committee ๐Ÿ‘‰ Venture Capital ecosystem ๐Ÿš€๐Ÿ’ฐ


1️⃣4️⃣ Nachiket Mor Committee (2013) ๐Ÿช๐Ÿ‘ฉ‍๐ŸŒพ

MCQ:
Small shopkeepers and low-income households lack banking access. Which committee worked on financial inclusion?

A) KC Chakrabarty Committee
B) Nachiket Mor Committee ✅
C) Malegam Committee
D) PJ Nayak Committee

Explanation:
Nachiket Mor Committee ๐Ÿ‘‰ Financial services for poor & small businesses ๐Ÿฆ❤️


1️⃣5️⃣ MB Shah Committee (2014) ๐Ÿ’ผ๐ŸŒ

MCQ:
The government investigates illegal money stashed in foreign accounts. Which committee handled this?

A) MB Shah Committee ✅
B) Kelkar Committee
C) Bimal Jalan Committee
D) Dhanuka Committee

Explanation:
MB Shah Committee ๐Ÿ‘‰ Black Money (foreign assets) ๐Ÿ’ธ๐Ÿ•ต️‍♂️


1️⃣6️⃣ PJ Nayak Committee (2014) ๐Ÿฆ๐Ÿ‘จ‍๐Ÿ’ผ

MCQ:
The government wants professional management in banks and better board governance. Which committee addressed this?

A) Nachiket Mor Committee
B) PJ Nayak Committee ✅
C) Urjit Patel Committee
D) AK Mathur Commission

Explanation:
PJ Nayak Committee ๐Ÿ‘‰ Bank board governance reforms ๐Ÿฆ๐Ÿ“‹


1️⃣7️⃣ AK Mathur Commission (2014) ๐Ÿ’ผ๐Ÿ’ฐ

MCQ:
Central government employees receive revised salaries and allowances. Which commission recommended this?

A) Sixth Pay Commission
B) AK Mathur Commission ✅
C) Rangarajan Committee
D) Bimal Jalan Committee

Explanation:
AK Mathur ๐Ÿ‘‰ 7th Pay Commission ๐Ÿ“Š๐Ÿ’ต


1️⃣8️⃣ K Kasturirangan Committee (2017) ๐ŸŽ“๐Ÿ“˜

MCQ:
India introduces a new education policy focused on holistic learning. Who headed the drafting committee?

A) Rangarajan
B) Kasturirangan ✅
C) Prasad
D) Kelkar

Explanation:
K Kasturirangan Committee ๐Ÿ‘‰ National Education Policy (NEP) ๐ŸŽ“๐Ÿ“–


1️⃣9️⃣ Bimal Jalan Committee (2018) ๐Ÿฆ๐Ÿ›ก️

MCQ:
RBI debates how much reserve capital it should maintain. Which committee decided this?

A) Urjit Patel Committee
B) Bimal Jalan Committee ✅
C) PJ Nayak Committee
D) MB Shah Committee

Explanation:
Bimal Jalan Committee ๐Ÿ‘‰ RBI Reserve Framework ๐Ÿฆ๐Ÿ”


2️⃣0️⃣ Malegam Committee (2018) ๐Ÿ“Š๐Ÿฆ

MCQ:
UTI undergoes restructuring and primary market reforms. Which committee recommended this?

A) Dhanuka Committee
B) Malegam Committee ✅
C) Som Committee
D) Prasad Panel

Explanation:
Malegam Committee ๐Ÿ‘‰ Primary market & UTI reforms ๐Ÿ“ˆ๐Ÿฆ


2️⃣1️⃣ Prasad Panel (2018) ๐ŸŒ๐Ÿ“ฆ

MCQ:
India evaluates its position in global trade and services negotiations. Which panel focused on this?

A) Kelkar Committee
B) Prasad Panel ✅
C) Percy Mistry Committee
D) Raghuram Rajan Committee

Explanation:
Prasad Panel ๐Ÿ‘‰ International Trade & Services ๐ŸŒ๐Ÿ“ฆ


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