Question

After recommendations of which of the following committees, Universal Banking got properly conceptualized in India?

A Padmanabhan Committee Correct Answer Incorrect Answer
B R H Khan Committee Correct Answer Incorrect Answer
C 1st Narasimham Committee Correct Answer Incorrect Answer
D 2nd Narasimham Committee Correct Answer Incorrect Answer

Solution

The concept of Universal Banking was conceptualized in India after the RH Khan Committee recommended it as a different concept.

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