For revival and restructuring of weak banks of the public sector which committee was constituted ........

For revival and restructuring of weak banks of the public sector, which committee was constituted?

Verma Committee

Goiporia Committee

Rekhi Committee

Narsimham Committee

- Option 1: Verma Committee

- Constituted for the revival and restructuring of weak public sector banks in India.

- Set up in 1999, chaired by M.S. Verma, former chairman of SBI.

- Advised measures specifically for weak banks.

- Option 2: Goiporia Committee

- Focused on improving customer service in banks, not for restructuring weak banks.

- Option 3: Rekhi Committee

- Related to new norms for non-performing assets (NPAs), not bank revival.

- Option 4: Narsimham Committee

- Suggested broad banking sector reforms in India, but not specifically for reviving weak banks.

Correct Answer: Option 1 - Verma Committee

Submit Error