2017 · Q57
Match List I with List II and select the correct answer using the code given below the Lists:
List I (Committee):
- ARangarajan Committee,
- BNarsimhan Committee,
- CKelkar Committee,
- DMalhotra Committee
List II (Subject):
- 1Tax Reform,
- 2Insurance Reform,
- 3Disinvestment of shares in PSEs,
- 4Banking Sector Reform
Code: A B C D
indian-polity-economyeconomy-fundamentals
- A2 1 4 3
- B2 4 1 3
- C3 4 1 2
- D3 1 4 2
Explanation
The Rangarajan Committee dealt with the disinvestment of public-sector shares (3); the Narasimham Committee with banking-sector reform (4); the Kelkar Committee with tax reform (1); the Malhotra Committee with insurance-sector reform (2). Each committee is remembered for one landmark reform area: disinvestment, banking, taxation and insurance respectively. The correct code is therefore A-3, B-4, C-1, D-2, giving (C).