CURRENT AFFAIRS

2022

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who is the head of the Committee constituted by the Finance Ministry to address issues faced by VC and PE?
A
Subash Chandra Garg
B
M Damodaran
C
Ajay Tyagi
D
Mahalingam
Explanation: 

Detailed explanation-1: -Notes: The Finance Ministry constituted an expert committee headed by former SEBI chief M. Damodaran to examine and suggest measures to address regulatory issues to scale up investments by venture capital (VC) and private equity (PE).

Detailed explanation-2: -The committee will be headed by former SEBI chairman Meleveetil Damodaran.

Detailed explanation-3: -The six-member panel will be headed by former SEBI chairman M Damodaran.

Detailed explanation-4: -The Finance Ministry on Tuesday constituted an expert committee under the chairmanship of former SEBI chairman Meleveetil Damodaran with a view to identify measures to unravel regulatory hurdles for venture capital and private equity investors.

Detailed explanation-5: -The government has constituted an expert panel to suggest ways for scaling up of VC/PE investments, according to a circular released on September 13. The six-member panel will be headed by former Securities and Exchange Board of India (SEBI) chairman M Damodaran.

There is 1 question to complete.