Friday 10 October 2014

Recent Committees and Commissions 2014 MCQ

 1. Which panel recommended that the customers should not be required to visit the bank branch for mobile number registration and favored single mobile banking app on all SIMs ?
1. Nachiket Mor
2. Vishnusahay 
3. B. Sambamurthy
4. A. P. Shah
5. Bimal Jalan
Ans : B. Sambamurthy
2. What is the purpose of Vishnu Sahay Committee ?
1. Look into the Disukhnagar Blasts case 2013
2. Look into Money laundering
3. Look into fake currency issues
4. None of these
5. Look probe into the Muzaffarnagar communal Violence
Ans : Look probe into the Muzaffarnagar communal Violence
3. Reconstituted the advisory board on bank, commercial and financial frauds headed by ? 
1. Usha THorat
2. Prathip Chaudhuri
3. Shyamala Gopinath
4. Chandra Kochhar
5. None
Ans : Shyamala Gopinath 
4. High powered committee headed by _________ will submit recommendations of merger of SBI Associates
with SBI ? 
1. K. Ranganathan
2. Prathip Chaudhuri
3. S Vishwanathan
4. Rajyam Bhaskar
5. None
Ans : S Vishwanathan
5. Recently which Panel has submitted its report on the alleged irregularities at the National Spot Exchange Ltd (NSEL) ? 
1. Sambhamurthi Panel
2. Govindarajan Panel
3. Sukhwinder Singh Panel
4. Arvind Mayaram Panel
5. Mayavati Panel
Ans : Arvind Mayaram Panel
6. Who heads the RBI panel recently said that to encourage housing activity, introduction of fixed- rate loans for up to 30 years ?
1. A. Prabhakar
2. Alok Kumar Mishra
3. K. K. Vohra
4. M. D. Mallaya
5. Narendra Singh 
Ans : K. K. Vohra
7. R. J. Kamath given recommendations on ?
1. Home Loan
2. Travel Loan 3. Education Loan
4. Consumption Loan
5. None
Ans : Education Loan
8. Narasimhan Committee relates to banking reforms, Usha Thorat committee deals with Financial Inclusion, Rajmannar committee recommends on ?
1. Inspection of Banks in North- Eastern states
2. Individual Bank applications regarding branch license
3. Issuing of Demand Draft
4. Changes in Banking Laws and regarding cheque bounce
5. None
Ans : Changes in Banking Laws and regarding cheque bounce
9. Who heads the committee for giving clear definitions to Foreign Direct Investment (FDI) and Foreign Institutional Investment (FII) ?
1. Suman Verma
2. Damodaran
3. Y V Reddy
4. Arvind Mayaram
5. K Thorat
Ans : Arvind Mayaram
10. High level panel headed by Deepak Parekh has recommended increasing tariff for both the imported
coal- based thermal station. Deepak Parekh is ?
1. Chairman, PMEC
2. Chairman, NSE
3. Chairman, HDFC
4. Chairman, TCS
5. None 
Ans : Chairman, HDFC
11. Who heads the committee on comprehensive financial services for small business and low income households ?
1. B Sambamurthy
2. A P Shah
3. Nachiket Mor
4. Vishnusahay
5. Bimal Jalan 
Ans : Nachiket Mor
12. Who is the head of the panel on Road Safety ?
1. Nachiket Mor
2. B Sambamurthy 
3. A P Shah
4. Vishnusahay
5. Bimal Jalan
Ans : A P Shah
13. The committee headed by Anil Kaushal is going to examine the recommendations made by which organization on pricing of Spectrum ?
1. BSNL
2. SEBI
3. TROY 
4. TRAI
5. NABARD
Ans : TRAI (Telecom Regulatory Authority of India)
14. Who heads the panel to scrutinize applications for new bank licenses ?
1. Gokarnan
2. Sambasivam
3. Vishnusahay
4. Dileep Modi
5. Bimal Jalan
Ans : Bimal Jalan
15. Parthasarathi Shome's panel is for TARC. It suggests a system to enforce better tax compliance. Expand
TARC ?
1. Tax Advantage Remittance Commission
2. Tax Articulated Redesigning Commission
3. Tax Average Reform Commission
4. Tax Acceptance Reduction Commission
5. Tax Administration Reform Commission
Ans : Tax Administration Reform Commission
16. Empowered Committee of State's Finance Ministers on Goods and Services Tax (GST) elected
Abdul Rahim Rather as its new Chairman. He was ? 
1. Finance Minister of Rajasthan
2. Minister of State for Finance
3. Advisor to Government of INdia in Commerce and Trade
4. Chairman of Indian Overseas Bank
5. Finance Minister of Jammu & Kashmir.
Ans : Finance Minister of Jammu & Kashmir
17. To prepare a report on the socioeconomic, health and educational status of the tribal communities of India,the
government appointed a committee headed by ?
1. Ms. Sunila Basant
2. Dr. K. K. Mishra
3. Dr. Usha Ramanathan
4. Dr. Joseph Bara
5. Prof. Virginius Xaxa
Ans : Prof. Virginius Xaxa
18. Which committee has been setup by ministry of Human Resource Development to review the status of
UGC ?
1. Rakkesh Mohan COmmittee 
2. Hari Gautam Committee
3. Mohan Prakash Committee
4. Usha Thorat Committee
5. Vishnu Sahay Committee
Ans : Hari Gautam Committee
19. Which committee has been appointed by the central government to review gas pricing formula ?
1. R. K. Jain Committee
2. Thorat Committee 
3. Suresh Prabhu Committee
4. B Mahapatra Committee
5. Raja Chellaiah Committee
Ans : Suresh Prabhu Committee
20. A panel on fuel pricing has recently suggested that the diesel prices should be increased by Rs 1-1.50 a
litre every month as against the 45-50 paise monthly hike followed currently. Who is the head of this panel ?
1. Kirit Parikh
2. Ramar pillai
3. Gokarnan
4. Vishnusahay
5. Manoj Tiwari
Ans : Kirit Parikh

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