Prelims 2026 · Q98
Constitutional, statutory & regulatory bodies X-Ray · Core #9 Hard Provisional keyभारत में विभिन्न समितियों के संदर्भ में, निम्नलिखित विवरणों पर विचार कीजिए :
| समिति | उद्देश्य | संगठन जिसके अंतर्गत उसे गठित किया गया था | |
|---|---|---|---|
| 1. | आर.एन. मल्होत्रा समिति | भारत में बीमा क्षेत्र का व्यापक सुधार करना | भारतीय बीमा विनियामक और विकास प्राधिकरण |
| 2. | एल.सी. गुप्ता समिति | भारत में व्युत्पन्नी (डेरीवेटिव) व्यापार आरंभ करने के लिए रूपरेखा (रोडमैप) तैयार करना | भारतीय प्रतिभूति और विनिमय बोर्ड |
| 3. | उर्जित आर. पटेल समिति | आवासीय क्षेत्र को बैंक ऋण प्रदान करने में सुधार लाने के लिए रूपरेखा (रोडमैप) तैयार करना | भारतीय रिज़र्व बैंक |
| 4. | वाई.एच. मालेगाम समिति | भारत में सूक्ष्म-वित्त क्षेत्र में सुधार लाने के लिए रूपरेखा (रोडमैप) तैयार करना | भारतीय रिज़र्व बैंक |
उपर्युक्त में से किस पंक्ति/किन पंक्तियों में दिए गए सभी विवरण सही सुमेलित है/हैं ?
Read this question in English
With reference to different Committees in India, consider the following details:
1. R.N. Malhotra Committee — Comprehensive reforms of Insurance sector in India — Insurance Regulatory and Development Authority of India
2. L.C. Gupta Committee — Preparing a roadmap for the introduction of derivatives trading in India — Securities and Exchange Board of India
3. Urjit R. Patel Committee — Preparing a roadmap for reforming bank lending to the Housing sector — Reserve Bank of India
4. Y.H. Malegam Committee — Preparing a roadmap for reforms in Microfinance sector in India — Reserve Bank of India
In which of the above rows are all the details correctly matched?
(a) 2 only · (b) 2 and 3 · (c) 1, 3 and 4 · (d) 2 and 4
उत्तर और व्याख्या · explanation in English
Answer: (d) 2 और 4
Rows 2 and 4 are fully matched: SEBI appointed the L.C. Gupta Committee on derivatives, and the RBI constituted the Malegam sub-committee on microfinance. Row 1 fails because the Malhotra Committee (1993) came years before IRDA existed (2000), and row 3 fails because the Urjit Patel Committee dealt with the monetary policy framework, not housing credit.
- ✗ 1. The Malhotra Committee on insurance sector reforms was set up in 1993 and reported in 1994; IRDA was formed only in 2000 after the IRDA Act, 1999, so IRDA could not have formed it.
- ✓ 2. SEBI appointed the L.C. Gupta Committee, which recommended the introduction of derivatives trading.
- ✗ 3. The RBI’s Urjit R. Patel Committee (report January 2014) was set up to revise and strengthen the monetary policy framework, not to reform bank lending to the housing sector.
- ✓ 4. In October 2010 the RBI constituted a sub-committee under Y.H. Malegam to study issues and concerns of the microfinance sector; its 2011 report proposed NBFC-MFIs as a new category.
Remember · Malhotra: insurance reform (1993, before IRDA); L.C. Gupta: derivatives (SEBI); Urjit Patel: monetary policy framework (RBI, 2014); Malegam: microfinance (RBI, 2010).
Sources
- IRDAI: Brief history of IRDA (Malhotra Committee, 1993) ↗ “1993: Committee on Reforms in the Insurance Sector, headed by Shri R. N. Malhotra (Retired Governor, Reserve Bank of India) set up to recommend reforms in insurance sector. … 2000: Formation of the Insurance Regulatory and Development Authority as an autonomous regulatory body on 19.4.2000”
- SEBI: Annual Report 1997-98 (L.C. Gupta Committee on derivatives) ↗ “The SEBI appointed L. C. Gupta Committee which recommended the introduction of derivatives trading in order to provide the facility of hedging in the most cost-efficient way against market risk”
- RBI: Report of the Expert Committee to Revise and Strengthen the Monetary Policy Framework (Urjit R. Patel, Jan 2014) ↗ “The main objective of the Committee is to recommend what needs to be done to revise and strengthen the current monetary policy framework with a view to, inter alia, making it transparent and predictable.”
- PIB (Ministry of Finance), 25 Nov 2011: Malegam Sub-Committee constituted by RBI on microfinance ↗ “the Reserve Bank of India (RBI) had in October, 2010 constituted a Sub-Committee under Shri Y.H. Malegam, Member of the Central Board of Directors of RBI, to study issues and concerns of the Micro Finance Sector”
Question and answer: UPSC's provisional GS Paper I (2026, Series A) — paper ↗ · answer key ↗. Explanation: Minimalist IAS, checked 30 Sept 2026 (how we verify). ·