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Which committee is associated with banking sector reforms in India?

1. Narasimham Committee
2. Kelkar Committee
3. Rangarajan Committee
4. Malhotra Committee

Correct answer: Narasimham Committee

Solution

The Narasimham Committee is best known for recommending banking sector reforms in India. It dealt with issues like capital adequacy, prudential norms, and financial sector liberalization.

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