What is Urjit Patel committee?

Urjit Patel Committee was set up to give recommendations on revising and strengthening the monetary policy framework. This committee was set up by the former RBI governor Raghuram Rajan. You can read about The Reserve Bank of India: Functions and Composition in the given link. 

Further readings:

1. Non Performing Assets (NPA) – Facts for UPSC GS-III
2. Topic-Wise GS 3 Questions for UPSC Mains