Question
Who was appointed as the chairman of the Expert
Committee constituted by the Reserve Bank of India on August 7, 2020, to make recommendations on financial parameters for the 'Resolution Framework for Covid19-related Stress'?Solution
The Reserve Bank had, on August 7, 2020, announced the constitution of an Expert Committee under the chairmanship of Shri K.V. Kamath to make recommendations on the required financial parameters to be factored in the resolution plans under the ‘Resolution Framework for Covid19-related Stress’ along with sector specific benchmark ranges for such parameters.
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