Question

Which committee was constituted by RBI to review Governance of Boards of Banks in India?

• A. PJ Nayak Committee
• B. H.R. Khan Committee
• C. Harsh Vardhan Committee
• D. K Subramanian Committee

Answer 1

The correct option is A PJ Nayak Committee

• The P J Nayak Committee or officially the Committee to Review Governance of Boards of Banks in India, was set up by the Reserve Bank of India (RBI) to review the governance of the board of banks in India.
• The Committee was set up in January 2014. The Committee was chaired by P J Nayak, the former CEO and Chairman of Axis Bank.