Home PYQs UPPSC UPPSC MCQs Prelims 2014 (GS Paper I)

Question

The Bimal Jalan Panel was set up by Reserve Bank of India to:

  1. Suggest to minimise the non-performing Asset
  2. Scrutinize application for new bank licences
  3. If Frame guidelines for financial inclusion
  4. Study use of mobiles in delivering banking services

Answer:

Option B: Scrutinize application for new bank licences

Detailed Solution:

The correct answer is “Scrutinize application for new bank licences”.

The Bimal Jalan Panel was set up by the Reserve Bank of India to scrutinize applications for new bank licenses.