P J Nayak committee, committee - GS questions based on daily current affairs

1)   N Gopalaswami committee set up by HRD ministry is related to -

a. Promoting cultural values in education
b. Distribution of IITs & IIMs
c. Promotion of classical languages
d. Promotion of Sanskrit
Answer  Explanation 

ANSWER: Promotion of Sanskrit

Explanation:
- The human Resource Development (HRD) Ministry has constituted a 13-member expert committee exclusively on Sanskrit in its attempt to revive interest in the ancient language.
- The committee has been asked to recommend measures to integrate the study of the ancient language with other disciplines such as physics, chemistry, mathematics, medical science and law, suggest changes in Sanskrit education in schools and universities and recommend ways to impart Sanskrit education through modern tools.
- The committee is also tasked with charting out an action plan to develop the language in the next 10 years.


2)   Who headed the committee to look into the issue of surplus transfer to government?

a. B.D. Thakar
b. Omkar Goswami
c. A.C. Shah
d. Y H Malegam
Answer  Explanation 

ANSWER: Y H Malegam

Explanation:
In early 2014, RBI appointed a committee headed by Y H Malegam to look into the issue of surplus transfer to government. The committee, which submitted its recommendations only recently, said the contingency and asset development reserves are at adequate level and RBI for the next three years, starting from this fiscal should transfer its entire surplus earned in the previous accounting year, to the government.


3)   T S R Subramanian panel is related to -

a. To review the environment laws in the country
b. To review industrial pollution in country
c. To review pollution in cities
d. To review cuttings in carbon emission
Answer  Explanation 

ANSWER: To review the environment laws in the country

Explanation:
The high level committee constituted by the Union Ministry of Environment, Forests and Climate Change (MoEF&CC) headed by T S R Subramanian to review the environment laws in the country has recommended formulating a new “umbrella” law to streamline the process of environment clearances for development projects in the country.


4)   R. Gandhi committee is related to -

a. Payment banking
b. Shadow banking
c. Rural Cooperative Banking
d. Urban Cooperative Banking
Answer  Explanation 

ANSWER: Urban Cooperative Banking

Explanation:
The Reserve Bank of India (RBI) on 30 January 2015 constituted a High Powered Committee to re-examine and recommend appropriate set of businesses, size, conversion and licensing terms for the Urban Cooperative Banking (UCB) Sector under the chairmanship of R Gandhi,


5)   Malegam Committee is related to -

a. To review National Small Savings funds operated by post-office
b. To review Poverty census in India
c. Modernization of Indian railway
d. To study issues and concerns in the micro-finance Sector
Answer  Explanation 

ANSWER: To study issues and concerns in the micro-finance Sector

Explanation:
Malegam was appointed Chairman of the famous Malegam Committee (Sub-Committee of the RBI Central Board of Directors) set up to study issues and concerns in the MFI Sector. The committee submitted its report to the RBI in January 2011. Malegam contended that the micro-finance institutions have neglected the poor.


6)   Which RBI panel recommended cut in government holding of public sector banks under 50 percent?

a. Nachiket mor
b. Raghurma Rajan
c. Urjit Patel
d. P. J. Nayak
Answer  Explanation 

ANSWER: P. J. Nayak

Explanation:
The panel, headed by ex-Chairman of Axis Bank, P. J. Nayak, said governance at the 26 public sector banks (PSBs) suffered due to several ‘externally imposed constraints’ like dual regulation by the RBI and the Finance Ministry, and external vigilance by agencies such as the CVC and CAG, among others. If the government stake in these banks were to reduce to less than 50 per cent, together with certain other executive measures, all these external constraints would disappear.


7)   Nachiket mor Committee is related to

a. Monetary Policy Reform
b. Relation between RBI and scheduled banks
c. To recommend FDI in banking sector
d. To check the applications for a payments bank licenses
Answer  Explanation 

ANSWER: To check the applications for a payments bank licenses

Explanation:
The external advisory committee headed by Nachiket Mor, set up to vet the applications for a payments bank license, has given its report to the Reserve Bank of India (RBI).


8)   Which of the following committee is related to IPL scandal?

a. Vohra Committee
b. Mudgal Committee
c. Lodha Committee
d. Both b and c
e. All - a, b, c are correct
Answer  Explanation 

ANSWER: Both b and c

Explanation:
No explanation is available for this question!


9)   Which of the following committees are related to determining Poverty Line?

1. Lakdawala committee
2. Raghuram Rajan committee
3. Arvind Pangariya committee
4. Alagh committee
5. Tendulkar committee
6. Rangrajan committee


a. 1,4,5,6
b. 1,2,4,5,6
c. 1,2,3,5,6
d. All
Answer  Explanation 

ANSWER: 1,4,5,6

Explanation:
No explanation is available for this question!


10)   Which of the following are recommendations of V. M. Tarkunde committee?

1. Method and procedure of recruitment with respect to higher civil services in India
2. Age of voters reduced to 18
3. Not to use government money and machinery in election campaign


a. Only 2
b. 1 and 3
c. 2 and 3
d. All
Answer  Explanation 

ANSWER: 2 and 3

Explanation:
In August 1974, Jaya Prakash Narayan on behalf of the Citizen’s for Democracy appointed a committee led by V. M. Tarkunde.


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