Question

Shome Committee recently submitted its report to the Union Finance Minister. The report is related to:

• A. Coal mine allocation
• B. GAAR
• C. Banking reform
• D. Privatisation of Railways

Hint:

Committees are often asked in GK exams. Shome Committee → GAAR, Kelkar Committee → Tax reforms, Rangarajan Committee → Finance/Planning.

Answer 1

The Correct Option is B

Step 1: Identify Shome Committee. The Parthasarathi Shome Committee was constituted to examine issues related to tax reforms. Step 2: Specific area. It gave recommendations on GAAR (General Anti-Avoidance Rules) to curb tax avoidance. Step 3: Conclude. Thus, the Shome Committee report is related to GAAR. \[ \boxed{\text{GAAR}} \]