GENERAL KNOWLEDGE

GK

INDIAN ECONOMY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Abid Hussain Committee is related to reforms in____industries.
A
private sector
B
large
C
public sector
D
small
Explanation: 

Detailed explanation-1: -He chaired six important committees set up by the Government of India covering Trade Policy Reforms; Project Exports; CSIR Review Committee for Development of Science and Technology; Textile Policy of the Government of India; Development of Capital Market; and Small Scale Industry.

Detailed explanation-2: -The Indian economy entered a new phase of economic reforms from 1991-92. The recommendations of the Narasimham Committee [RBI 1991] set a road map for the reforms in the financial sector.

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