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Question

Q. Which of the following committee has been appointed by the Reserve Bank of India (RBI) to look into issues related to Primary urban co-operative banks?

A
Y V Reddy Committee
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B
NS Vishwanathan
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C
Urjit Patel Committee
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D
Viral Acharya Committee
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Solution

The correct option is B NS Vishwanathan

Explanation:

On 16th February 2021, RBI has announced an expert committee on primary urban cooperative banks. The chairman of the committee is NS Vishwanathan.

Primary Cooperative Banks, popularly known as Urban Cooperative Banks (UCBs) are registered as cooperative societies under the provisions of, either the State Cooperative Societies Act of the State concerned or the Multi-State Cooperative Societies Act, 2002.


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