BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Nachiket Mor
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Raghuram Ram Rajan
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Urjit Patel
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Usha Thorat
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Detailed explanation-1: -Chairperson: Usha Thorat, former Deputy Governor, Reserve Bank of India.
Detailed explanation-2: -Accordingly, to screen the applications, and to recommend licences only to those applicants who comply with the Guidelines, the Reserve Bank, on February 4, 2015, set up an EAC chaired by Dr. Nachiket Mor, Director, Central Board of Reserve Bank of India.
Detailed explanation-3: -The Nachiket Mor committee was headed by Nachiket Mor. This committee was formed by former Reserve Bank of India Governor Raghuram Rajan in 2013. This committee is also known as the Committee on Comprehensive Financial Services for Small Businesses and Low Income Households.
Detailed explanation-4: -Nachiket Mor and on Small Finance Banks chaired by Smt. Usha Thorat. Now an internal committee of the Reserve Bank, composed of its Deputy Governors and the Governor, is going through each of these applications again.
Detailed explanation-5: -The idea of Small Finance Bank was framed on the recommendation of NachiketMor Committee on financial inclusion. The main customers of small finance banks include micro industries, small and marginal farmers, unorganized sector entities and small business units.