Which committee's recommendations led to the reduction of reserve requirements (SLR and CRR) in the early 1990s?

CA Foundation · Business Economics · MTP · September 2026
Which committee's recommendations led to the reduction of reserve requirements (SLR and CRR) in the early 1990s?
(A) A. Kelkar Committee
(B) B. Narasimham Committee
(C) C. Chelliah Committee
(D) D. Gadgil Committee

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Narasimham Committee

Topics: Money Market

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