GK
BANKING AWARENESS AND SEBI
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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J.S. Verma Committee Report relates to:
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Bank Mechanization
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Corporate Governance
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Strengthening of weak banks
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All of the above
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Explanation:
Detailed explanation-1: -Verma (retd.), Justice Leila Seth (retd.) and Gopal Subramanium, was constituted by a GoI Notification dated December 23, 2012, to ‘look into the possible amendments of the Criminal Law to provide quicker and enhanced punishment for criminals committing sexual assault of extreme nature against women’.
Detailed explanation-2: -The Narasimhamam Committee on banking sector reforms has suggested the setting up of asset reconstruction companies (ARC) to bail out the weak banks instead of recapitalising them year after year which puts pressure on the Centre’s fiscal management.
There is 1 question to complete.