Shiva Raman committee has suggested establishment of NABARD.
Explanation:
National Bank for Agriculture and Rural Development (NABARD) is the apex banking body established on the suggestion of the Shiva Raman committee that governs the operations of the rural and Grameen banks. It was set up by an act of Parliament in the year 1982 with the prime objective of promoting and integrating rural development.
The correct option is C.