Important Committees in Banking Sector

General Awareness

Generally important committees in banking sector questions asked in bank exams in banking awareness section. Banking Awareness is major part in General awareness section. More than 40% questions asked in General awareness on banking sector. Because of, Banks have to know the candidates knowledge on banking sector. So, banking related questions are most important to candidates who are preparing for bank exams. Important committees in banking sector are also most important. One question must be asked on this topic. Candidates catch the topics which will give the high score in bank exams. Each and every question is important in bank exams. Every section have individual cutoff marks. So, take a look on important committees in banking sector.

Important Committees in Banking Sector:

M.P. Bezbaruah  to suggest suitable remedial measures to address concerns regarding security of people from North East.
Kirit Parikh panel  on fuel pricing has suggested that the diesel prices should be increased by Rs.1-1.50 a litre every month as against the 45-50 paise monthly hike followed currently.
Deepak Mohanty Committee  on Data and Information Management in the Reserve Bank of India
K. K. Mehrotra Committee  to inquire gas leakage in Bhilai Steel Plant.
Vishnu Sahay committee  look probe into the Muzaffarnagar communal violence.
Shri M. Narasimham Committee  on Banking Sector Reforms
Shri K.U.B. Rao Committee  recommended aligning gold import regulations
Urjit Patel Committee  to examine the current monetary policy framework.
P.J. Nayak  to review Governance of Boards of Banks in India. The committee was constituted under the chairmanship of P. J. Nayak. He is a former Chairman and CEO of Axis Bank.
Bimal Jalan panel  to scrutinize applications for new bank licenses.
Nachiket Mor Committee  to permits NBFCs to work as Business Correspondents of banks.
Mukul Mudgal member panel to probe IPL spot‐fixing
Vijay Kelkar Committee was appointed by the Petroleum and Natural Gas Ministry to prepare a road map to make India self-sufficient in oil and natural gas by 2030.
B. Sambamurthy  panel favours single mobile banking app on all SIMs. Panel recommended that customers should not be required to visit the bank branch for mobile number registration.
Justice A.P. Shah committee  to head panel on road safety
Arvind Mayaram Committee for giving clear definitions to Foreign Direct Investment (FDI) and Foreign Institutional Investment (FII)
Anil Kaushal committee  to examine the recommendations made by the TRAI on pricing of Spectrum.
Parthasarathi Shome.  for Tax Administration Reform Commission (TARC), Suggest a system to enforce better tax compliance
Nachiket Mor  committee on comprehensive financial services for small businesses and low‐income households.
K U.B. Rao  the idea of setting up Bullion Bank or Bullion Corporation of India
Arvind Mayaram Panel  report on the alleged irregularities at the National Spot Exchange Ltd (NSEL)
Suma Verma Committee  to update, and revise the Banking Ombudsman Scheme, 2006
Damodran Committee  on improvement of customer services in banks
K M Chandrasekhar committee  for rationalization of foreign investment norms
Shri Pulak Kumar Sinha Committee  to study the feasibility of Aadhaar as an additional factor for authentication of card present transactions.

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