Question

Which among the following committees recommended the merger of Regional Rural Banks with their respective Sponsor Banks?

• A. Narasimham Committee
• B. Khusro Committee
• C. C Rangarajan Committee
• D. Dutt Committee

Answer 1

Answer:

B. Khusro Committee

The Agricultural Credit Review Committee (Khusro Committee), 1989 recommended the merger of Regional Rural Banks with their respective Sponsor Banks. It highlighted the weakness of RRBs and their non-viability.