Question

Match the following committees with their mandates in List I and List II: 

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

Hint:

Committee reforms often focus on a specific sector; always memorize key committee mandates.

Answer 1

The Correct Option is B

Step 1: Identify correct committees and mandates.
- Malhotra Committee → Insurance Sector Reforms
- Narsimham Committee → Financial Sector Reforms
- Vaghul Committee → NBFC Reforms
- Shah Committee → Money Market Reforms
Step 2: Match with options.
- Option 2 correctly aligns all committees with their mandates.