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Committees — Set 4

Economics · समितियां · Questions 3140 of 60

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1

Which committee submitted a comprehensive report in 2015 titled "Transforming the Railways" recommending structural and financial reforms including private participation?

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Correct Answer: C. Bibek Debroy Committee

The Bibek Debroy Committee submitted its report titled "Transforming the Railways" in 2015. It made far-reaching recommendations including separation of railway operations from infrastructure management, introduction of private players in train operations, corporatisation of production units, and improving financial sustainability. The report is considered one of the most comprehensive reform blueprints for Indian Railways. The Rakesh Mohan Committee (2001) and Sam Pitroda Committee (2012) had earlier addressed specific aspects of railway modernisation.

2

The Janakiraman Committee (1992) was setup to investigate?

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Correct Answer: C. Securities Scam

The Janakiraman Committee investigated the 1992 securities scam involving Harshad Mehta. It looked into lapses in the banking system and the misuse of bank receipts. This led to major regulatory changes in the stock market.

3

The Sachar Committee (2005) reported on the status of which community in India?

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Correct Answer: A. Muslim Community

The Sachar Committee looked into the social, economic, and educational status of the Muslim community in India. It highlighted that the community trailed behind others in several development indicators. This report led to new policy initiatives for minority welfare.

4

Which committee recommended the 'Targeted Public Distribution System' (TPDS)?

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Correct Answer: C. Planning Commission Working Group

The correct answer is 'Planning Commission Working Group'. The proposal for TPDS was formulated to focus food subsidies on the poor. It shifted the PDS from a universal system to one that categorized households as BPL and APL. This was intended to improve the efficiency of the food safety net.

5

The High-Level Committee on Long-Term Food Policy was headed by?

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Correct Answer: D. Abhijit Sen

The Abhijit Sen Committee (2002) recommended a universal PDS system for a limited period. it suggested moving towards a more flexible grain procurement policy. This was done to manage the rising food stocks in government godowns.

6

Which committee dealt with the 'Inter-State River Water Disputes'?

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Correct Answer: A. Sarkaria Commission

The Sarkaria Commission made several recommendations on how to resolve river water disputes between states. It suggested the creation of a permanent tribunal for such matters. This was to avoid long delays and political friction.

7

The Damodaran Committee (2011) focused on which aspect of banking?

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Correct Answer: D. Customer Service

The Damodaran Committee recommended improvements in customer service standards at banks. It suggested making bank charges more transparent and protecting customers from fraud. It emphasized the right of the consumer in the banking ecosystem.

8

The Gadgil Committee (2011) and Kasturirangan Committee (2013) were concerned with?

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Correct Answer: A. Western Ghats Ecology

Both committees studied the ecological sensitivity of the Western Ghats. The Gadgil report was more stringent regarding environmental protection. The Kasturirangan report offered a more balanced view between conservation and development.

9

The Chandratekar Committee (1997) gave recommendations regarding?

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Correct Answer: B. FII Investment

The correct answer is 'FII Investment'. The Chandratekar Committee suggested simplifying the rules for Foreign Institutional Investors (FIIs) in India. This was to attract more foreign capital into the stock market. It helped in the deeper integration of Indian capital markets with the world.

10

Which committee recommended the formation of 'Special Economic Zones' (SEZ) in India?

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Correct Answer: C. Murasoli Maran Initiative

The SEZ policy was initially introduced by the Commerce Minister Murasoli Maran in 2000. It was modeled after the successful SEZs in China to boost exports. The Baba Kalyani Committee was later setup in 2018 to review the SEZ policy.