Question

Match List-I with List-II:

Choose the correct answer from the options given below:

• (A) - (I), (B) - (II), (C) - (III), (D) - (IV)
• (A) - (II), (B) - (I), (C) - (III), (D) - (IV)
• (A) - (III), (B) - (II), (C) - (I), (D) - (IV)
• (A) - (IV), (B) - (III), (C) - (I), (D) - (II)

Hint:

Banking committees: Single Window = Kanda; DRI = Hazare; Lead Bank = Nariman; RRBs = Narasimham.

Answer 1

The Correct Option is D

The correct matching of banking initiatives with their associated committees is as follows:
- (A) Single Window System (IV - Mohan Kanda Committee): The Mohan Kanda Committee recommended the Single Window System to streamline credit delivery, particularly for rural and agricultural borrowers, by providing integrated financial services through a single point.
- (B) Differential Rate of Interest Scheme (III - B.K. Hazare Committee): This scheme, aimed at providing low-interest loans to economically weaker sections, was shaped by recommendations from the B.K. Hazare Committee.
- (C) Lead Bank Scheme (I - F.K.F. Nariman Committee): Introduced in 1969 based on the Nariman Committee’s recommendations, this scheme assigns specific banks to lead credit planning and coordination in designated districts to promote rural development.
- (D) Regional Rural Banks (II - M. Narasimham Committee): Established in 1975 following the Narasimham Committee’s recommendations, Regional Rural Banks (RRBs) were created to enhance credit access in rural areas. Thus, the correct pairing is (A) - (IV), (B) - (III), (C) - (I), (D) - (II), making option (4) correct.

Answer 2

Elimination approach:
The Lead Bank Scheme is a well-documented outcome of the Nariman Committee, so C must pair with (I). Checking the four options, C - (I) is true only in options (3) and (4); options (1) and (2), which assign C to (III), can be dropped.
Between the remaining two, focus on A. The Single Window System is specifically credited to the Mohan Kanda Committee, so A must pair with (IV). Option (3) instead assigns A to (III), so it is eliminated.
This leaves only (A) - (IV), (B) - (III), (C) - (I), (D) - (II), which is option (4).