Who was the head of the committee which has suggested a complete ban on the virtual currencies in In...........

Economic and Social Issues Monetary and Fiscal Policy

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Who was the head of the committee which has suggested a complete ban on the virtual currencies in India?

Amitabh Kant

Subhash Chandra Garg

Rajiv Kumar

Ashok Verma

Rajan Wadhera

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Explanation:

Four-member inter-ministerial committee headed by Subhash Chandra Garg has submitted its report on “Virtual Currencies” suggesting a complete ban on the virtual currencies. The committee recommended a fine of up to 250 million rupees and imprisonment for up to 10 years for anyone who mines, generates, holds, sells, transfers or issues cryptocurrency.