Question

Match List-I with List-II
List-I (Recommendations/evaluations, etc.):
(A) Recommended the government to merge banks into three-tiered structure
(B) Probed into the performance of the societies
(C) Examined operational aspects of Service Area Approach
(D) Recommended the reorganization of primary societies into viable units
List-II (Committees, etc.):
(I) Second M. Narasimham Committee
(II) B. Venkatappiah AIRCR Committee
(III) Sir Edward Maclagan Committee
(IV) P.D Ojha Committee
Choose the correct answer from the options given below:

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

Hint:

The Narasimham Committee is widely known for proposing mergers to create a three-tiered banking structure (A matches I). Maclagan is a colonial-era committee associated with early cooperatives (B matches III).

Answer 1

The Correct Option is D

Step 1: Understanding the Concept:
This matching question covers committees set up by the Indian government and the RBI to recommend financial, banking, and agricultural credit reforms.
Detailed Explanation:
Let us analyze each committee and its recommendations:
- (A) Recommended the government to merge banks into three-tiered structure: The (I) Second M. Narasimham Committee (1998) suggested restructuring the banking sector through mergers into a three-tiered system.
- (B) Probed into the performance of the societies: The (III) Sir Edward Maclagan Committee on Cooperation (1915) was established to evaluate the progress of cooperative societies.
- (C) Examined operational aspects of Service Area Approach: The (IV) P.D. Ojha Committee was appointed to evaluate the implementation of the Service Area Approach in rural banking.
- (D) Recommended the reorganization of primary societies into viable units: The (II) B. Venkatappiah Committee (1969) recommended consolidating primary agricultural cooperative societies to make them financially viable.
This gives the matched sequence:
\[ \text{(A) - (I), (B) - (III), (C) - (IV), (D) - (II)} \]

Step 2: Final Answer:
The matched sequence corresponds to Option (D).