Recommendation of setting up of Payment Banks was given by which committee?
A
Narsimhan Committee (1998)
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Narsimhan Committee (1991)
No worries! We‘ve got your back. Try BYJU‘S free classes today!
C
Nachiket Mor Committee
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
D
Urjit Patel Committee
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution
The correct option is C Nachiket Mor Committee A committee headed by Dr. Nachiket Mor recommended setting up of 'Payments Bank' to cater to the lower income groups and small businesses.