Budgeting and Fiscal policy

Indian Economy

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

K.V. Kamath committee, recently seen in news, is related to:

Report on the working of capital market infrastructure institutions (MIIs)

To decide the appropriate level of reserves that the RBI should hold

An expert committee to tackle COVID 19

To make recommendations for restructuring of loans

The Reserve Bank of India (RBI) constituted an expert committee under the chairmanship of veteran banker K.V. Kamath to make recommendations on norms for the resolution of COVID-19 related stressed loans. The committee will submit its recommendations on the financial parameters to the RBI, which in turn, will notify the same along with modifications, if any, in 30 days. Hence option 4th is correct.