Question:
Which committee was constituted by RBI to review governance of boards of banks in India?
Which committee was constituted by RBI to review governance of boards of banks in India?
Show Hint
Banking governance = P J Nayak. Financial sector reform = often linked to committee work.
Updated On: Aug 7, 2025
- P J Nayak Committee
- H R Khan Committee
- Harsh Vardhan Committee
- K Subramanian Committee
Hide Solution
Verified By Collegedunia
The Correct Option is A
Solution and Explanation
The RBI set up the P J Nayak Committee in 2014 to examine the governance of boards of banks in India. It recommended several reforms including reducing government ownership and increasing board autonomy.
Was this answer helpful?
0
0
Top Questions on National Affairs
- The Indian Air Force recently inaugurated a new training establishment, the Weapon Systems School (WSS), with the aim of recalibrating and transforming the Indian Air Force as a future-oriented force. In which city was the WSS located ?
- AILET BALLB (Hons.) - 2025
- Current Affairs
- National Affairs
- Festivals in India are a vibrant reflection of its diverse culture, heritage andtraditions. Match the following festivals with the State with which its most frequently associated. While a festival may be celebrated in many states, select the most appropriate response from the noted options below.
\(S.no\) \(Festival\) \(S.no\) \(State\) I Kadalekayi Parishe A Gujarat II Bohag Bihu B Orissa III Uttarayan C Assam IV Nuakhai D Karnataka - AILET BALLB (Hons.) - 2025
- Current Affairs
- National Affairs
- The "Nari Shakti Vandan Adhiniyam", 2023 Act received near-unanimous support in both the Lok Sabha and the Rajya Sabha. The legislation mandates the reservation of one-third of all seats in the Lok Sabha, state legislative assemblies, and Delhi (as a union territory with an elected assembly) for women. This linking of the implementation of the Act to the implementing of two long-term exercises of census and delimitation, makes little sense to many, and sounds quite like empowerment delayed for now.
In a 2012 article 'Holding Up Half the Sky: Reservations for Women in India', Rudolf C Heredia breaks down the common misconceptions that cloud our understanding of women's political participation- "When women do attain a national leadership role it is often because they have inherited the mantle from their fathers ophusbands, rather than as persons in their own right and are then projected as matriarchs, part of the joint family, complementary to the patriarchy rather than a challenge to it."
In 'Equality versus Empowerment: Women in Indian Legislature', 2023, Soumya Bhowmick makes the case for going a step beyond quotas, and to turn our attention to the complexities that shape women's agency in the country. This, he argues, would require a bottoms-up approach, rather than merely handing out reservations in a top-down manner. "In a country like India with a considerably large heterogeneous population, the dissemination of legislative power would be insufficient to protect the interests of minority groups such as women, Scheduled Castes, and Scheduled Tribes." He concludes that "implementing the idea of reservation for women would bring about descriptive representation, but its transformation into substantive representation would depend on the change in the attitudes of the people."
While the reservation of one-third of seats for women belonging to the scheduled castes and tribes under the amendment to article 330a and 332 of the constitution is a welcome step, it remains to be seen whether it fully acknowledges the complex interplay of hierarchies, socio-political relationships which also affect the extent and nature of complications that surround effective realisation of women's politics for Indian politics to emerge as a truly emancipatory space.- CLAT - 2025
- Current Affairs
- National Affairs
- On the recommendation of Parliament, the President of India effectively abrogated Article 370 of the Indian Constitution and gave assent to the Jammu and Kashmir Reorganization Act, 2019. The former state of Jammu & Kashmir has been reorganized as the new Union Territory of Jammu and Kashmir and the new Union Territory of Ladakh on 31 October 2019,
The new Union Territory of Ladakh consists of two districts of Kargil and Leh. The rest of the former State of Jammu and Kashmir is in the new Union Territory of Jammu and Kashmir.
By 2019, the state government of former Jammu and Kashmir had reorganized the areas of these 14 districts into 28 districts. The names of the new districts are as follows- Kupwara, Bandipur, Ganderbal, Srinagar, Budgam, Pulwama, Shupian, Kulgam, Rajouri, Ramban, Doda, Kishtivar, Samba and Kargil.
Out of these, Kargil district was carved out from the area of Leh and Ladakh district. The Leh district of the new Union Territory of Ladakh has been defined in the Jammu and Kashmir Reorganization (Removal of Difficulties) Second Order, 2019, issued by the President of India, to include the areas of the districts of Gilgit, Gilgit Wazarat. Chilhas and Tribal Territory of 1947, in addition to the remaining areas of Leh and Ladakh districts of 1947, after carving out the Kargil District.
[Extracted from the article of Press Information Bureau, published by the Union Home Ministry on 2nd November 2019]- CLAT - 2025
- Current Affairs
- National Affairs
- How many members are in Lok Sabha?
- MAHCET - 2023
- General Awareness
- National Affairs
View More Questions
Questions Asked in CLAT exam
- From a very early age, I knew that when I grew up, I should be a writer. I had the lonely child's habit of making up stories and holding conversations with imaginary persons, and I think from the very start my literary ambitions were mixed up with the feeling of being isolated and undervalued. I knew that I had a facility with words and a power of facing unpleasant facts, and I felt that this created a sort of private world in which I could get my own back for my failure in everyday life. I wanted to write enormous naturalistic novels with unhappy endings, full of detailed descriptions and arresting similes, and also full of purple passages in which words were used partly for the sake of their sound. I give all this background information because I do not think one can assess a writer's motives without knowing something of his early development.
His subject-matter will be determined by the age he lives in — at least this is true in tumultuous, revolutionary ages like our own — but before he ever begins to write he will have acquired an emotional attitude from which he will never completely escape. It is his job to discipline his temperament, but if he escapes from his early influences altogether, he will have killed his impulse to write. I think there are four great motives for writing, at any rate for writing prose. They are: (i) Sheer egoism: Desire to seem clever, to be talked about, to be remembered after death, to get your own back on grown-ups who snubbed you in childhood; (ii) Aesthetic enthusiasm: Desire to share an experience which one feels is valuable and ought not to be missed (iii) Historical impulse: Desire to see things as they are, to find out true facts and store them up for the use of posterity (iv) Political purpose: Desire to push the world in a certain direction, to alter other people's idea of the kind of society that they should strive after.
[Extracted with edits from George Orwell's "Why I Write"]- CLAT - 2025
- Reading Comprehension
- The right kind of education consists in understanding the child as he is without imposing upon him an ideal of what we think he should be. To enclose him in the framework of an ideal is to encourage him to conform, which breeds fear and produces in him a constant conflict between what he is and what he should be: and all inward conflicts have their outward manifestations in society. If the parent loves the child, he observes him, he studies his tendencies, his moods, and peculiarities. It is only when one feels no love for the child that one imposes upon him an ideal, for then one's ambitions are trying to fulfill themselves in him, wanting him to become this or that. If one loves, not the ideal but the child, then there is a possibility of helping him to understand himself as he is.
Ideals are a convenient escape, and the teacher who follows them is incapable of understanding his students and dealing with them intelligently; for him, the future ideal, the what should be, is far more important than the present child. The pursuit of an ideal excludes love, and without love no human problem can be solved. If the teacher is of the right kind, he will not depend on a method, but will study each individual pupil. In our relationship with children and young people, we are not dealing with mechanical devices that can be quickly repaired, but with living beings who are impressionable, volatile, sensitive, afraid, affectionate: and to deal with them, we have to have great understanding, the strength of patience and love. When we lack these, we look to quick and easy remedies and hope for marvellous and automatic results. If we are unaware, mechanical in our attitudes and actions, we fight shy of any demand upon us that is disturbing and that cannot be met by an automatic response, and this is one of our major difficulties in education.
(Extract with edits from "The right kind of Education" by J. Krishna Murti)- CLAT - 2025
- Reading Comprehension
- Education is not the amount of information that is put into your brain and runs riot there, undigested, all your life. We must have life-building, man-making, character-making assimilation of ideas.... If education were identical with information, the libraries are the sages in the world and encyclopaedias are the rishis. Getting by heart the thoughts of others in a foreign language and stuffing your brain with them and taking some University degree, you consider yourself educated. Is this education? What is the goal of your education? Open your eyes and see what a piteous cry for food is rising in the land of Bharata, proverbial for its food. Will your education fulfill this want?
We want that education by which character is formed, strength of mind is increased, the intellect is expanded and by which one can stand on one's own feet. What we need to study independent of foreign control, different branches of the knowledge that is our own, and with it the English language and Western science; we need technical education and all else that will develop industries so that men instead of seeking for service may earn enough to provide for themselves and save against a rainy day. The end of all education, all training, should be man-making. The end and aim of all training are to make the man grow. The training by which the current expression of will are brought under control and become fruitful, is called education. What our country now wants are muscles of iron and nerves of steel, gigantic wills, which nothing can resist, which can penetrate into the mysteries and secrets of the universe and will accomplish their purpose in any fashion, even if it meant going down to the bottom of the ocean, meeting death face to face.
There is only one method of attaining knowledge. It is by concentration. The very essence of education is concentration of mind. From the lowest to the highest man, all have to use the same method to attain knowledge. The chemist who works in the laboratory concentrates on elements to analyze them. Knowledge is acquired by concentration.
[Extracted with edits from "Education" by Swami Vivekananda]- CLAT - 2025
- Reading Comprehension
- Punctually at midday, he opened his bag and spread out his professional equipment, which consisted of a dozen cowrie shells, a square piece of cloth with obscure mystic charts on it, a notebook, and a bundle of palmyra writing. His forehead was dazzling with sacred ash and vermilion, and his eyes sparkled with a sharp, abnormal gleam which was really an outcome of a continual searching look for customers, but which his simple clients took to be a prophetic light and felt comforted. The power of his eyes was considerably enhanced by their position placed as they were between the painted forehead and the dark whiskers which streamed down his cheeks: even a half-wit's eyes would sparkle in such a setting. People were attracted to him as bees are attracted to cosmos or dahlia stalks, He sat under the boughs of a spreading tamarind tree which flanked a path running through the town hall park, It was a remarkable place in many ways: a surging crowd was always moving up and down this narrow road morning till night. A variety of trades and occupations was represented all along its way: medicine sellers, sellers of stolen hardware and junk, magicians, and, above all, an auctioneer of cheap cloth, who created enough din all day to attract the whole town. Next to him in vociferousness came a vendor of fried groundnut, who gave his ware a fancy name each day, calling it "Bombay Ice Cream" one day, and on the next "Delhi Almond," and on the third "Raja's Delicacy," and so on and so forth, and people flocked to him. A considerable portion of this crowd dallied before the astrologer too. The astrologer transacted his business by the light of a flare which crackled and smoked up above the groundnut heap nearby.
(Extracted with edits from "An Astrologer's Day" by R.K. Narayan)- CLAT - 2025
- Reading Comprehension
- In keeping with the slogan for this year's Olympics, "Games Wide Open," the opening ceremony took place outside a stadium setting by the river, for the first time. In many respects, the Paris Games turned out to be one of the most elaborate cultural rituals since Covid swept across the world beginning in late 2019. Health restrictions forced the organizers of Tokyo 2020 and Beijing 2022 to sharply limit the scale of the festivities, with events largely closed to the public. Paris 2024, powered in part by pent-up demand for communal experiences, symbolized an international post-pandemic vibe shift.
The International Olympic Committee and French officials managed strict security measures in place. Yet the recent history of violence in France - including the 2015 terror attack in Paris that left 138 people dead and at least 416 injured - stalked public consciousness prior to the games. The geopolitical backdrop for the Paris Games was no less troubling. The war between Israel and Hamas which had crossed the six-month mark, raised fears of a protracted conflict and wider regional instability. The devastation in the Gaza Strip has provoked international outrage, isolating Israel on the global stage. Meanwhile, Russia continues to gain ground in its military offensive against Ukraine as some Western nations worry about the rise of authoritarianism. These international crises raised serious concerns that could come into play during the Games in the form of protests and other political demonstrations.
Nevertheless, Olympics organizers put up a show that stunned the throngs assembled on the boulevards of Paris, not to mention the millions of people who watched the Games unfold on their televisions and mobile devices. At the Paris 2024 Olympics, India secured a total of six medals; one silver and five bronze which was one down from the highest haul of medals from the previous Olympics. Neeraj Chopra earned a silver in men's javelin with an 89.45 throw, narrowly missing gold to Pakistan's Arshad Nadeem. Shooter Manu Bhaker made history by clinching bronze in the women's 10'm air pistol, becoming the first Indian woman to win a medal in Olympic shooting. The men's hockey team achieved a second consecutive bronze, defeating Spain 2-1, with captain Harmanpreet Singh scoring both goals.
(Extracted, with edits and revision, from "The Olympics are nearly here. For a weary world, they can't come soon enough", NBCNEWS)- CLAT - 2025
- Sports
View More Questions