Important Committees For Bank Exams 2022 (Updated) - Download PDF

List of Important Committees for Bank Exams 2022

Important Committees PDF for IBPS PO/Clerk and RRB PO/Clerk Mains.Recent Important Committee in 2022.List of Important Committees in India. If you are preparing for SBI, IBPS, LIC, SSC, Railway, and other competitive Exams, you may find some questions related to Important Committees. Questions based on Recent Important Committees form a part of the Current Affairs in General Awareness section of many Govt. and Bank exams.

Questions based on Recent Important Committees are commonly asked in Banking, SSC, and Railways exams to test your knowledge in the General Awareness section.Today we are providing you with an article on the Important Committees for Bank Exams 2022 (Updated) in PDF format. One or two questions are expected in upcoming exams.

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Purpose/Remarks Constituted By Chairperson
To suggest reforms in general reinsurance and life insurance products their
regulation, distribution, etc. This committee has been formed through
General Insurance Council.		 Insurance Regulatory and Development Authority of India GIC
To work in the remote sensing satellite observation and data sharing
fields. The BRICS countries have launched a joint committee to enhance
space cooperation.		 BRICS Countries China
SEBI Working Group – SEBI has set up working groups to review the Role and
Eligibility of a Sponsor of a Mutual Fund and a working group to streamline
the role and obligations of trustees of the mutual fund.		 SEBI A Balasubramaniam
SEBI constitutes a committee on the strengthening of Governance of Market
Infrastructure Institutions		 SEBI Shri G Mahalingam
A Four member high-power advisory committee on settlement orders and
compounding of offences		 SEBI Jai Narayan Patel
A high-powered committee to implement a uniform civil code in Uttarakhand Uttarakhand Chief Minister Pushkar Singh Dhami Pushkar Singh Dhami
To represent India at the Paralympic Games and other international
athletic meets (The Paralympic Committee of India (PCI))		 M. Mahadeva Rao Inderjit Singh
Lodha Committee – To analyse and recommend implementable actions for
improving the Board of Control for Cricket in India (BCCI).		 Supreme Court of India Mr G Mahalingam
Alternative Investment Policy Advisory Committee (AIPAC) SEBI Shri. N. R. Narayan Murthy
An eight-member committee on Advisory Committee on Investor Protection and
Education Fund		 SEBI G Mahalingam
Market Data Advisory Committee (MDAC) – a Standing Committee – to
recommend appropriate policy for access to securities market data, identify
segment-wise data perimeters, data needs and gaps, recommend data privacy
and data access regulations applicable to market data		 SEBI Madhabi Puri Buch
Village Defence Committees for the self-defence of Hindus in remote hilly
villages against militancy		 Jammu Kashmir Government Shesh Paul Vaid
A six-member Monetary Policy Committee (MPC) to determine the policy
interest rate required to achieve the inflation target		 Central Government Shaktikanta Das
22-member inter-ministerial committee to strengthen capital goods sectors Ministry of Heavy Industries & Public Enterprises Arun Goel
20-member advisory committee on Mutual Funds Reserve Bank of India (RBI) Usha Thorat
A national-level committee for reform in criminal law Ministry of Home Affairs (MHA) Ranbir Singh
The Expert Committee on Vaccine Administration NITI Aayog Dr V K Paul
Women’s Selection Committee Board of Control for Cricket in India (BCCI) Neetu David
A three-member committee has been set up to review the effective
utilisation of the Armed Forces Headquarters Civil Services (AFHQ CS) cadre		 Defence Ministry Lt. Gen. DB Shekatkar
SC Forms Committee to Draft Mediation Law Supreme Court Niranjan Bhat
Urban cooperative banks RBI N S Vishwanathan
The committee has suggested and recommended financial parameters which
focus on resolutions plans under the ‘Resolution Framework for COVID 19
related Stress’.		 Reserve Bank of India K V Kamath
11 empowered groups to ensure a comprehensive and integrated response to
COVID-19		 Government of India PM Narendra Modi
To establish the Infrastructure Investment Trust (InvIT) committee, which
will be India’s first government or semi-government trust		 National Highway Authority of India (NHAI) Dr Sukhbir Singh Sandhu
Empowered Committee to review coordination between various stakeholders for
COVID-19 related response activities		 NITI Aayog Amitabh Kant
High-level technical committee of Public Health Experts for COVID-19 NITI Aayog Dr V K Paul
16-Member Governance panel/Committee Insurance Regulation and Development Authority (IRDAI) Pravin Kutumbe
A committee to decide modalities of Kisan Rail. Union Government of India Nirmala Sitharaman
This Committee will advise and provide professional support— on a request
from the IBBI or on its own volition—on any matter relating to the
Corporate Insolvency resolution and liquidation dealt with by the Board
under the Insolvency and Bankruptcy Code 2016		 Insolvency regulator IBBI Uday Kotak
To facilitate interaction, cooperation, and coordination amongst various
public sector science communication institutions and agencies.		 Department of Science & Technology Prof. Ashutosh Sharma
11-Member committee to reform the Drug Regulatory System Ministry of Health and Family Welfare (MoHFW) Rajesh Bhushan
A five-member group on Defence and Internal Security to study whether a
separate mechanism should be organised for the funding of defence and
internal security and if yes, then how this mechanism could be
operationalised		 Fifteenth Finance Commission N.K. Singh
Report on RBI Surplus Funds RBI Bimal Jalan
A three-member panel to oversee the implementation of bifurcation of Jammu
and Kashmir into two Union Territories		 Union Government Defence Secretary Sanjay Mitra
A committee to review levies, including spectrum usage charge (SUC), and
promote ease of doing business		 Telecom Minister Ravi Shankar Prasad Telecom Secretary Aruna Sundararajan
A Committee to review the Defence Procurement Procedure to strengthen ‘Make
in India’.		 Defence Minister Rajnath Singh Director General (Acquisition)
To ensure that the performance of the Indian athletes is optimised in
Olympics and other multidisciplinary events.		 Union Minister of Sports Kiren Rijiju
Tapan Ray Committee to review the regulatory guidelines and supervisory
framework of Core Investment Companies (CIC)		 Reserve Bank of India Tapan Ray
Committee to review the existing state of mortgage securitisation in India
and Development of Housing Finance Securitisation Market.		 Reserve Bank of India Harsh Vardhan
Monetary Policy Committee (MPC) to accelerate the GDP growth of the country. Central Government Shaktikanta Das
High-level Committee to strengthen the safety and security of digital
payments in the country.		 Reserve Bank of India Nandan Nilekani
High level and Bezbaruah committee to review the implementation of clause 6
of the Assam Accord		 Central Government M.P. Bezbaruah
Expert committee to look into the various challenges being faced by MSMEs Reserve Bank of India UK Sinha
National Implementation Committee (NIC) to commemorate the 550th birth
anniversary of Guru Nanak at national as well as international level.		 Prime Minister Narendra Modi Rajnath Singh
Rajiv Kumar committee to look at selling as many as 149 small and marginal
oil and gas fields of state-owned Oil and Natural Gas Corp (ONGC) and Oil
India Ltd (OIL) to private and foreign companies to boost domestic output.		 Union Government Rajiv Kumar
Injeti Srinivas High-Level Committee to review the existing framework and
guide, and formulate a roadmap for a coherent policy on Corporate Social
Responsibility (CSR).		 Union Ministry of Corporate Affairs (MCA) Injeti Srinivas
Injeti Srinivas Competition Law Review Committee to strengthen and
re-calibrate existing law to promote best practices		 Union Finance Ministry Injeti Srinivas
Ethics Committee of Lok Sabha which examines complaints related to any
unethical conduct by members of Lower House of Parliament.		 Lok Sabha Speaker Lal Kishan Advani
Bhaskar Ramamurthy Committee to suggest changes to JEE (Advanced) in the
wake of an inadequate number of candidates qualifying the entrance test.		 Union Ministry of Human Resource Development (HRD) Bhaskar Ramamurthy.
B Sesikeran committee to review food labelling standards Food Safety and Standards Authority of India (FSSAI) B Sesikeran
High-Level Empowered Committee to address issues of Stressed Thermal Power
Projects.		 Union Government Cabinet Secretary
Sub-committee to evaluate 324 irrational FDCs in three months’ time Drugs Technical Advisory Board (DTAB), Union health ministry Dr Nilima Kshirsagar
Group of Ministers (GoM) and a high-level committee to deliberate and make
recommendations for a separate penal provision on incidents of mob violence		 Union Government Rajiv Gauba
13-member Committee for Sub-National Accounts to upgrade the norms for
computation of economic data.		 Union Government Ravindra H Dholakia.
Sunil Mehta Committee to examine setting up of Asset
Reconstruction/Management Company for faster resolution of stressed assets
of PSB.		 Finance Minister Piyush Goyal Sunil Mehta
Minorities Commission and SC, ST Commission. Telangana Government Mohammed Qamaruddin
14-member panel to study the use of social media and other digital
platforms are used ahead of polls and make suggestions on how to adapt the
Model Code of Conduct to these changes.		 Election Commission of India Umesh Sinha
Inter-ministerial Committee (IMC) to tackle the menace of trafficking Government of India Secretary, Women and Child Development
Legal issues related to intercountry removal & retention of children Ministry of Women and Child Development Justice Rajesh Bindal
To regulate online portals, including news websites, entertainment sites
and media aggregators.		 Ministry of Information and Broadcasting Secretary of Ministry of Information and Broadcasting (Convener)
The panel to revisit “Schedule VII of Companies Act, 2013, on the basis of
references received from stakeholders, including ministries and department
of centre and states, members of Parliament, member of state legislatures
and civil societies”.		 Government of India Manmohan Juneja
Defence Planning Committee (DCP) to reform the process of higher defence
planning and national security strategy.		 Government of India Ajit Doval
To suggest improvements in the National Sports Development Code and
functioning of Sports Federations		 Ministry of Youth Affairs and Sports Injeti Srinivas
Negotiation Committee on Mahanadi & its Tributaries The Union Ministry of Water Resources, River Development and Ganga
Rejuvenation		 Representative from Water Planning and Projects Wing
Suggested to create 20% reservation seats for the girl students in IITs Government of India Timothy Gonsalves
To manage the Indian cricket board Supreme Court of India Vinod Rai
To frame uniform rules for the states to avoid delay in the proper
implementation of the Rights of Person with Disabilities (RPD) Act across
the country		 Government of India N.S Kang
To review the Fiscal Responsibility and Budget Management (FRBM) Government of India N.K. Singh
To analysis the existing framework of IRDA- linked and non-linked insurance
product regulation		 Insurance Regulatory and Development Authority of India Amitabh Chaudhry,
Suggest ways to improve India’s Haj policy and also look into the issue of
subsidy to the pilgrimage		 Government of India Afzal Amanullah
To prepare a Yoga Protocol for Diabetes Control. Ministry of AYUSH H. R. Nagendra
to study the setting up of a defence procurement organization Ministry of Defence Dr Pritam Singh
To review the threats inherent in the existing and emerging technology also
study the adoption of various security standards and protocols, interface.		 Reserve Bank of India Meena Hemchandra
To suggest the necessary legal and policy framework should be brought to
protect the interests of the migrants in the country.		 Ministry of Housing & Urban Poverty Alleviation Partha Mukhopadhyay
To examine the working of the regulatory bodies Central Council of Indian
Medicine (CCIM) and Central Council of Homoeopathy(CCH)		 NITI Ayog Arvind Panagariya,
To address issues related to the management of the waters of Krishna River
between warring Andhra Pradesh and Telangana.		 Ministry of Water Resources AK Bajaj
Reforms in the military and improve financial management. Defence Ministry Lt. Gen. D.B. Shekatkar
To prepare draft Ganga Act Ministry of Water Resources, River Development and Ganga Rejuvenation Justice Shri Girdhar Malviya
To review the recommendations made by the University Grants Commission
(UGC) panel on implementation of the 7th pay commission in educational
institutions		 Ministry of Human Resource Development Kewal Kumar Sharma
To establish a regulated wholesale argi-market at a distance of every 80 km State Government Mr Ashok dalwai
To lay down technical standards for the performance of core services and
other services		 Insolvency and Bankruptcy Board of India (IBBI) Dr R B Barman ( chairman, national statistical Commission)
To compute timely data on the employment situation in the country Reserve Bank of India Arvind panagariya
To recommends measures for desiltation of river Ganga Water resources, river development and Ganga rejuvenation ministry Madhav Chitale
To expand the scope of cases to be referred to the OC beyond those under
S4A (scheme for sustainable structuring of stressed assets) as required
currently.		 Reserve bank of India Pradeep Kumar.
To examine the rules which allow free movement of Indians and Myanmarese
citizens within 16 km of the border.		 Ministry of Home Affairs Special secretary (Internal Security) in the ministry of Home affairs- Smt
Rina Mitra
To draft the national education policy Human resource development (HRD) ministry Krishnaswamy kasturirangan
To improve the standards of corporate governance of listed companies Stock Exchange Board of India – SEBI Uday Kotak
To look at the stressed assets of the banking sector Reserve bank of India Pradeep Kumar
To support staff of the Indian team and then decide on the contracts that
will be handed to the coaches		 Supreme Court CK Khanna
To select the national anti-profiteering authority Ministry of Finance And Corporate Affairs Pradeep Kumar Sinha
Deal with the players ‘ transfer dispute’ All India Football Federation( AIFF) Ushanath Banerjee
The ministry of electronics and information technology(meity) appointed an
expert panel committee that would study various issues relating to data
protection.		 Ministry of electronics and information technology(meity) Justice B N Srikrishna
To review the institutionalization of the arbitration mechanism Ministry of Corporate Affairs (MCA) Justice B N Srikrishna
Genetically modified(GM) crop should be introduced only after biosafety,
socio-economics evaluation		 Government of India Renuka Chowdhury
Rights-based privacy framework in household finance Reserve Bank of India Tarun Ramadorai
Artificial intelligence(AI) for India’s economics transformation Ministry of Commerce and Industry Dr V kamakoti
To review the national mineral policy, 2008, and for submission of a report
for a new national mineral policy.		 Government of India K Rajeswara Rao
To enhance combat capability and rebalancing defence expenditure of the
armed forces		 Central Government of India shekatkar committee
The EAC is an independent body that gives advice on economic and related
topics to the government, especially to the prime minister		 PM of India Bibek destroy
The committee will review the core probable list of each high priority and
priority discipline for commonwealth games, Asian Games and Olympics games.		 Sports Ministry Abhinav Bindra
Committee has suggested that section 78 of the IT Act needs to be
substituted and section 153 & 550A of the Indian panel		 Union Home Ministry T K Viswanathan
To help in implementing the new risk-based capital(RBC) regime and it will
also enhance protection to policyholders.		 IRDAI(Insurance Regulatory and Development Authority) Dilip C Chakraborty
To provide the first thrust to job creation by enhancing India’s export NITI Aayog Dr Rajiv Kumar
To monitor and resolve IT challenges faced in the implementation of Goods
and Services Tax(GST)		 Central Government Sushil Kumar Modi
To look at the issues of the export sector and to recommend to the GST
council		 Central Government Hasmukh Adhia
To examine and present a report on the Financial resolution and deposit
insurance bill, 2017		 Indian Parliament Bhupender Yadav
It is responsible for all the appointments of higher ranks in the central
secretariat, public enterprises and financial institutions		 Central Government PM Narendra Modi
It deals with the activities pertaining to the economics of the country Central Government PM Narendra Modi
It is responsible for all the issues related to domestic and foreign
affairs. It is the most powerful cabinet committee. It is often referred to
as “super Cabinet”.		 Central Government PM Narendra Modi
It is one of the most important committees of India, it looks into the
matter of defence expenditure and national security		 Central Government PM Narendra Modi
It is responsible for the allotment of accommodation of various top
positions in the govt. of India		 Ministry of Home Affairs Rajnath Singh
To look after the progress of govt business in the parliament of India Ministry of Home Affairs Rajnath Singh
The commission would complete its inquiry and submit its report to the
Tamil Nadu govt. within three months its constitution		 Tamil Nadu Government A. Arumughaswamy
Union govt. setup an alternative mechanism panel headed by finance minister
Arun Jaitley, to consider and oversee mergers among India’s public sector
banks		 Department of Telecom Arun Jaitley
It will examine the issue of corporation between India and China in
international organizations		 Ministry of External Affairs Shashi Tharoor
Committee would analysis and approve plans for 5g rollout in India by 2020.
This is aimed to have Indian participation in defining global standards for
5g technology		 Central Government Secretaries of the ministers of communication, information and technology
and science and technology, representatives from industry and academics
The internal committee which will provide suggestions to the Indian
government on framing a national policy on artificial intelligence(AI)		 NITI Aayog Union minister of electronics and information technology
To select the candidate for the post of editor in chief of Rajyasabha TV
(RSTV)		 Rajya Sabha Surya Prakash
Review and considerations, it will then propose a state of the art
information system and suggest a roadmap for developing a transparent,
comprehensive and near real-time PCR in India		 Reserve Bank of India Yeshwant M. Deosthalee
Interstate council investigates and advises on disputes between states Union Home Minister Rajnath Singh PM Narendra modi
Maharashtra state govt has decided to set up a committee for the
implementation of a Rs 4000 crore project on a climate resilience
agriculture in 5000 villages of 15 districts. The project would be funded
by the world bank		 Maharashtra government Maharashtra government
This committee from the centre, Delhi govt. and experts to continuously
monitor and implement a graded response action plan(GRAP)that include the
control of roads and construction of dust garbage burning, control of power
plants and industrial emission		 HRD Ministry CK mishra
IT suggests favour of a grand Ram temple at the disputed Ayodhya land,
reiterating that the board was the rightful and the only claimant to the
land on which the demolished babri mosque once existed. The shia board said
the state govt. may in turn a lot one acre of a land for a mosque for shia
muslims in Lucknow hussainabad area		 UP Government waseem razvi
Qatar insised UAE’s actions violate its rights and those of other countries
by denying freedom of transit to Qatar. The UAE said the measures are
allowed according to an exception under WTO rules for national security
reasons		 WTO WTO
To insect over 17000 hotels, lodges and home stay accommodations in Kullu
and manali towns of Himachal Pradesh		 National Green Tribunal NGT chairperson justice
To make sure that cow sheds are operated efficiently in all districts Uttar Pradesh govt District magistrate
To look into the complaints of violation of programme and advertising codes
by TV channels.		 Ministry of information and broadcasting Rajyavardhan Rathore
Indian railways formed a sis members committee to review the flexi-fare
system in premium trains. The committee comprises Ravinder Goyal, Advisor
in NITI Ayog. Meenakshi Malik, Executive Director for revenue management in
Air India.		 Ministry of Railways Ravinder Goyal, Meenakshi Malik, Iti mani, Sriram
To examine complaints filed against the chairman and managing directors
(CMDs), chief executives, directors of public sectors enterprises, public
sector banks, insurance companies and financial institutions		 Central Government Secretary (coordination) in the cabinet secretariat
High-level committee formed by the Government to ensure proper management
of water resources in the North-Eastern states of India. The committee has
to submit its report by June 2018.		 Central Government Rajiv Kumar
Committee constituted to take a view on the complaints filed against the
top officials of PSUs		 Central Government Secretary (Coordination in Cabinet Secretariat)
Committee forced to resolve stuck PPP projects in the ports sector Central Government ARUN JAITLEY
The inter-Ministerial committee set up to take a final call on the playing
of the National Anthem in cinema halls		 Ministries of Home Affairs, Defence, External Affairs, Women and Child
Development, Human Resource Development, Culture, Parliamentary Affairs,
Law, Minority Affairs and Information and Broadcasting, and the Department
of Empowerment of Persons with Disabilities.		 B R SHARMA
A committee formed by SEBI to review regulations and relevant circulars
pertaining to MII (market infrastructure institutions)		 SEBI R GANDHI
An inter-regulatory working group formed by RBI to recommend introducing a
regulatory sandbox to foster financial technology innovation and a
standalone data protection law		 RBI SUDARSHAN SEN
Multi agency group to investigate the Paradise Paper case Central Government SUSHIL CHANDRA
7 member committee formed by Maharashtra Govt. to recommend ways to stop
custodial deaths		 Maharashtra Government SUDHIR SRIVASTAVA
3 member committee formed by National Commission for Minorities (NCM) to
look into whether Hindus should get minority status in 8 states		 National Commission for Minorities GEORGE KURIEN (Vice Chairman of NCM)
Parliamentary Standing Committee formed on Defence to examine the
operational preparedness of the armed forces and review he accidents
involving strategic defence assets		 Indian Parliament BC KHANDURI
Working Group constituted which recently submitted its report to RBI to
review the guidelines for hedging of commodity price risk by residents in
the overseas markets		 Central Bank CHANDAN SINHA
RBI study group ‘Janak Raj Committee’ has submitted its report on external
benchmark rate for banks		 RBI JANAK RAJ (Principal Advisor in Monetary Policy Dept.)
National Committee formed to commemorate the 150th birth anniversary of
Mahatma Gandhi from Oct 2 2019 to Oct 2 2010		 Government of India PM NARENDRA MODI
Price Stabilization Fund Management Committee formed which has allowed the
state owned agencies to import onion to stabilise the high prices		 Ministry of Consumer Affairs, Food & Public Distribution AVINASH SRIVASTAVA
A Group of Ministers (GoM) formed to make the composition scheme more
attractive and to revisit the GST rates on the restaurants		 GST council HIMANTA BISWA SHARMA
Hill Area Development Committee was formed by the West Bengal Govt. West Bengal Govt MANN GHISING
Committee formed to examine a proposal for merger of loss-making district
central cooperative banks with the Maharashtra State Cooperative Bank		 Maharashtra Government YASHWANT THORAT
Sub Committee of the Financial Stability and Development Council (FSDC) was
formed to review the major developments that could impinge on the financial
stability of India		 Central Government Shri Shaktikanta Das
Haj Committee formed which recently submitted its report to the Ministry of
Minority Affairs		 Union government AFZAL AMANULLAH
6 member advisory group set up by the Ministry of Finance to recommend
changes to the GST		 GST Council GAUTAM RAY
Committee formed to review the laws governing GST GST Council M VINOD KUMAR
Executive Committee of the POSHAN Abhiyaan (PM’s Over Arching Scheme for
Holistic Nourishment)		 Ministry of Women and Child Development RAKESH SRIVASTAVA
Steering committee constituted to set in motion the process of setting up a
sports university in Patiala		 Punjab CM RANDHIR SINGH
Select Committee of Rajya Sabha which has recommended the enactment of
Motor vehicles (Amendment) Bill 2017		 Rajya Sabha VINAY SAHASRABUDDHE
Committee of 12 members formed to draft the 3rd National Wildlife Action
Plan for 2017-2031		 Ministry of environment and Forest J C KALA
Govt. set up a committee to address the issue of rising stressed assets in
the power sector		 Union Government AMITABH KANT
Committee formed by the Power Ministry to investigate the cause of accident
at the NTPC Unchahar thermal power plant		 Power Ministry P D SIWAL
Technical and safety standards committee set up for the pool taxi project
to come up on Delhi-Gurgaon pilot corridor		 Ministry of Road Transport and Highways S K DHARAMADHIKARI
High level committee of 5 members constituted by MHA to study the problems
of people on the LOC and IB (International Border) in J &K		 Union Home Minister Rajnath Singh RINA MITRA
Central Advisory Board of Education (CABE) subcommittee formed to recommend
free and compulsory education for girls up to post-graduate level		 HRD Ministry KADIAM SRIHARI
Committee set up by EC to suggest changes to Section 126 of the
Representation Of People Act		 Election Commission UMESH SINHA
Raksha Mantri’s Advisory committee on Ministry of Defence capital projects Ministry of Defence VINAY SHEEL OBEROI
Steering committee on Fintech related issues Department of Economic Affairs (DEA) Secretary SUBHASH CHANDRA GARG
Inter- Ministerial Committee constituted to control human trafficking Ministry of Women and Child Development RAKESH SRIVASTAVA
OBC sub categorization committee- a 5 member committee on OBC sub
categorization formed by the President of India		 President of India G ROHINI
Committee constituted in Karnataka to recommend an official flag for the
state		 Karnataka Government G SIDDARAMAIAH
Empowered Expert Committee formed by UGC to shortlist 20 institutions of
eminence		 (University Grants Commission)UGC N GOPALASWAMI
An expert committee constituted by RBI to classify bad loans Reserve Bank of India(RBI) Y H MALEGAM
To Tackle NPA in Power Sector Government Amitabh Kant
To give minority status to Hindus in 8 Hindu minority states National Commission for Minorities George Kurien
To Simplify Income Tax Laws Union Government R.V. Easwar
To Hedging Commodities in Global Markets RBI Chandan Sinha
To Curb Custodial Deaths Maharashtra Government Sudhir Shrivastava
Formed to Review of GST laws Government of India M Vinod Kumar
To Investigate Paradise Paper Data Government of India Sushil Chandra
To inspect mergers of psbs Government of India Jaitley-led
To Examine Pay Hike Issue of Lower Court Judges Supreme Court PV Reddi
For Water Management in North-east – Central Government Niti Aayog vice-chairman Rajiv Kumar
First state in India to set up family welfare district Tripura High Court Tripura
To review functioning of PPP Cell Ministry of Railways Ajay Shankar
Reported guidelines for regulating expenditure and content of advertisement
in govt. Adds		 Supreme Court Prof. NR Madhava Menon
Reported most deemed university UGC H Devaraj
To evaluate unclaimed PPF and Post Office Savings Union Finance Ministry H R Khan
To conduct forensic audit of NSEL Bombay High Court V V Daga
Submit Report to build the capital city for Andhra Pradesh Union Government Sivaramakrishnan
To avoid obsolete laws PM Narendra Modi Ramanujam
To head the Expenditure Management Commission Government of India Bimal Jalan
To review the status of UGC Union Ministry of Human Resource Development Hari Gautam
To probe 2006 meerut fire tragedy Supreme Court of India Justice SB Sinha (One Member Commission)
To review gas pricing formula Ministry of Petroleum and Natural Gas Suresh Prabhu
To review the Company (Cost Records and Cost Audits) Rules 2014 Union Ministry of Corporate Affairs RS Sharma Expert
On black money Union Cabinet Justice MB Shah
Data and Information Management in the RBI RBI Deepak Mohanty
To clear definition to the FDI and FII Government Arvind Mayaram
To permit NBFC’s to work as Business correspondence RBI Nachiket Mor
Governance of Boards of Bank in India Reserve Bank of India P J Nayak
For Restructuring the railway Ministry of Railways Bibek Debroy
Recommended complete ban on dance bars in hotels and restaurants. State Governmnent Justice CS Dharmadhikari
To assess compensation for coal blocks. Coal Ministry Pratyush Sinha
On sustainable development UNEP (UN Environment Programme), UNESCO and the World Meteorological
Organisation (WMO)		 Jairam Ramesh
To provide Bankruptcy code for small and medium enterprises (smes). SEBI T.K. Vishwanathan
To examine the financial architecture for Micro, Small and Medium
Enterprises (MSME) sector.		 Finance Ministry K.V. Kamath
On Capacity Building in Banks and non-Banks RBI Gopalakrishna
Guidelines for national pension system (NPS) schemes in private sector. Pension Fund Regulatory and Development Authority (PFRDA) G N Bajpai
To recommend best technologies for Prime Minister Narendra Modi’s “Swachh
Bharat” national sanitation campaign.		 PM Narendra Modi Scientist Raghunath Anant Mashelkar
To review five key green laws concerning protection and conservation of
environment, forest, wildlife, water and air among others.		 Government T S R Subramanian
Follow up of bank credit RBI Tandon
Agricultural finance Ministry of Environment and Forests DR Gadgil
Rural finance NABARD Godwala
Regional rural banks Government of India ML Dantwala
Coordination between commercial banks and sfc’s Union Home Ministry Bhide
Inspection System in Banks RBI R. Jilani
Customer service in banks RBI Goiporia
Financial Derivatives SEBI LC Gupta
Functioning of public sector banks RBI James Raj
Consolidated accounting by banks RBI Vipin Malik
Frauds & malpractices in banks RBI A Ghosh
Job criteria in bank loans (approach) Government of India BD Thakar
HR Issues of Public Sector Banks Government of India A K Khandelwal
Harmonization of the Role of Financial Institution in Banks Government of India R.H. Khan
Changes in banking laws, bouncing of cheques etc. Tamil Nadu Government Rajamannar
Financial inclusion RBI Usha Thorat Panel
Rationalization of staff strength in banks Ministry of Finance SS Kohli
Consortium Lending by Banks Finance ministry J.V. Shetty
Financial aggregate system RBI Y.V. Reddy
Small savings Tax and Interest Rates Ministry of Finance Rakesh Mohan
Customer Service in Banks RBI M Damodaran
Computerization of banking industry RBI Rangarajan
Mutual funds (functioning) SEBI Dave
COVID-19 vaccine administration The empowered committee is a 10-member team comprising of some senior officials from the Ministry of Health and Family Welfare (MoH&FW) and the Unique Identification Authority of India.  

List of Important Committees in India 2021

Headed by Committee Purpose/Remarks
RS Sharma COVID-19 vaccine administration The empowered committee is a 10-member team comprising of some senior officials from the Ministry of Health and Family Welfare (MoH&FW) and the Unique Identification Authority of India.
R P Tiwari Panel to work out CET The new NEP, released in July 2020, advocates reducing the number of entrance tests.
Ayant Kumar Dash Digital lending as frauds come into sharp focus The group will suggest steps to regulate digital lending including online lending platform and mobile lending.
N. S. Vishwanathan Expert Committee on Urban co-op Banks by RBI The committee is being set in accordance with the provisions of the Banking Regulation (Amendment) Act, 2020. The act became applicable to the Primary or the Urban Co-operative Banks (UCBs) from June 26, 2020.
Sriram Vedire Task force on river-linking The task force on Interlinking of Rivers has approved the Mahanadi-Godavari Link on February 25, 2021.The linking project was approved by ensuring the utilisation of allocated Godavari waters by the states of Telangana and Andhra Pradesh.
Shyamala Gopinath Panel to Evaluate Bank Applications The Reserve Bank of India (RBI) has set up a “standing external advisory committee (SEAC)” on March 23, 2021. This panel will evaluate the applications for the universal banks and small finance banks (SFBs).This committee comprises of five members.
Sudarshan Sen Asset Reconstruction Companies (ARC) The Reserve Bank of India recently set up a committee to study about the Asset Reconstruction Companies (ARC) in the country. The committee will evaluate the role of ARCs in debt resolution and will review their business model.The Committee will also review the role of ARC in stressed asset resolution under the IBC (Insolvency and Bankruptcy Code).
M Rajeshwar Rao Regulations Review Authority (RRA 2.0) The Reserve Bank of India (RBI) will set up a new Regulations Review Authority (RRA 2.0) from May 1, 2021, to review the regulations, circulars, reporting systems and compliance procedures of the central bank for streamlining them and making them more effective. The RRA will be set up for a period of one year unless the timeline is extended by the RBI.
Nilesh Shah IFSCA’s expert committee on Investment Funds The International Financial Services Centres Authority, IFSCA  has constituted an expert committee on Investment Funds.The Committee under the Chairmanship of Nilesh Shah, Managing Director of Kotak Mahindra Asset Management Co. Ltd, will recommend the road map for the funds industry in the International Financial Service Centres, IFSCs. The Committee comprises leaders from the Fund Management sector.
S Janakiraman Advisory group to assist the second Regulatory Review Authority (RRA 2.0) The committee will assist the authority to identify areas, guidelines, regulations and returns. It will submit reports periodically to RRA that will provide suggestions and recommendations.RRA 2.0 was established in April 2021. The authority is to function for a period of one year. It will review the regulatory prescription internally. Also, it will examine and suggest changes required in the dissemination process of RBI instructions and circulars.
N. K. Sodhi Four-member Takeover Panel by SEBI SEBI has reconstituted its four-member Takeover Panel Under the chairmanship Former Justice N. K. Sodhi,which looks into the applications that seek exemption from the mandatory open offer that an acquirer needs to make to minority shareholders.Members of the Panel are:

  • Chairman: N. K. Sodhi
  • Member: Darius Khambata
  • Member: Thomas Mathew
  • Member: N Venkatram
K.P. Krishnan Variable Capital Company Dr. K.P. Krishnan committee on “Variable Capital Company” has submitted its report to International Financial Services centres Authority (IFSCA) regarding feasibility of Variable Capital Companies in International Financial Services Centres in India.
Baijayant Panda High-Level Expert Committee, for a comprehensive review of the National Cadet Corps (NCC) The Ministry of Defence has constituted a High-Level Expert Committee, for a comprehensive review of the National Cadet Corps (NCC).The 15-member committee will also include Cricketer MS Dhoni and Mahindra Group Chairman Anand Mahindra as members.

Suggest measures to empower NCC cadets to contribute more effectively towards nation building, Propose ways for gainful engagement of NCC Alumni for the betterment of the organisation.
K Kasturirangan Education ministry’s panel to develop new curriculum for schools The Union education ministry on 21 Sept formed a 12-member committee to develop new curriculums for school, early childhood, teacher and adult education. The panel tasked with developing four national curriculum frameworks (NCFs) will be headed by National Education Policy-2020 (NEP-2020) drafting committee chairperson K Kasturirangan.The committee will discuss “position papers” finalised by national focus groups on different aspects of the four areas drawing inputs from state curriculum frameworks.

The NCFs serve as a guideline for syllabus, textbook and teaching practices for schools in India.
V G Somani Panel for framing a new law for drugs, cosmetics and medical devices The government has constituted an eight-member panel for framing a new law for drugs, cosmetics and medical devices. The panel is being headed by Drugs Controller General of India (DCGI) Dr V G Somani.The Drugs and Cosmetics Act, 1940, regulates the import, manufacture, distribution and sale of drugs, cosmetics and medical devices. This Act is amended from time to time. The last amendment in the Act was made in 2008.
P. Vasudevan Scrutinize applications and give recommendations on New Umbrella Entity (NUE) licenses The Reserve Bank of India (RBI) has set up a committee to scrutinize applications and give recommendations on New Umbrella Entity (NUE) licenses. The 5-member committee will be headed by Shri. P. Vasudevan.The committee’s recommendations will be taken into consideration before doling out the licences. NUEs will establish their own payment infrastructure to compete with the National Payments Corp. of India (NPCI). The government hopes to build a settlement system similar to the unified payments interface (UPI) with the NUEs.

The system will be focused on small and medium enterprises, merchants and consumers. The RBI had in August 2020 issued guidelines for creating “for-profit NUEs”.

List of Important Committees in India 2020

Headed by Committee Purpose/Remarks
Prasar Bharati CEO to Head Shashi S. Vempati
 Committee to review the guidelines on television rating agencies in India To submit its report to the information and broadcasting minister within two months.
P K Mohanty Large NBFCs into banks has recommended the guarded entry of corporates into the banking space, conversion of big NBFCs into banks and hike in promoters’ stake to 26% from 15%. The group also proposed a hike in minimum capital for new banks from Rs 500 crore to Rs 1,000 crore.“The cap on promoters’ stake in the long run — 15 years
Arun Goel Capital Goods (CG) Sector through interventions that help the CG Sector Contributing more actively in the national goal of achieving a $5 trillion economy and a $1 trillion manufacturing sector.
M.S. Ananth All India Council for Technical Education (AICTE) The committee will function under the chairmanship of M.S. Ananth, former director, IIT Mardas. Mr. Somaprasad had pointed out that though there were 10,396 engineering institutes in India approved by the AICTE at present, only few were imparting quality education.
Justice Madan B Lokur Prevent stubble burning One-man committee to take steps forpreventing stubble burning in Punjab, Haryana and Uttar Pradesh which is a source of pollution in Delhi-national capital region (NCR).
Madhabi Puri Buch Recommending Policy on Market Data Access Recommend appropriate policy for access to securities market data, identify segment wise data perimeters, data needs and gaps, recommend data privacy and data access regulations applicable to market data.
PM Modi 400th birth anniversary of Shri Guru Tegh Bahadur The committee will look into the approval of policies, plans, programmes and supervision and guiding the commemoration, as well as for deciding dates for detailed programmes of celebration.
Lt. Gen. Shekatkar (retired) To review effective utilisation of AFHQ CS cadre Defence Minister Rajnath Singh has approved the setting up of 3-member committee headed by Lt. Gen. Shekatkar (retired) to review the effective utilisation of the Armed Forces Headquarters Civil Services (AFHQ CS) cadre. Two other members of the committee are R. Chandrashekhar, a retired AFHQ cadre officer, and AN Das from the MoD finance wing. The committee will enable the Defence Ministry to optimise the civil as well as military administrative appointments in the service headquarters.
Neetu David India women’s selection committee The Board of Control for Cricket in India (BCCI) has appointed Neetu David, one of finest woman cricketers of India in the late ’90s and early 2000, as the Chairman of the 5 member women’s national selection panel. The other member of the newly-elected panel includes Mithu Mukherjee, Renu Margrate, Arati Vaidya and V Kalpana.
KV Kamath To suggest financial parameters for resolution of Covid-19 related stressed assets. The committee will submit its recommendations to the RBI, which will notify them along with modifications, in 30 days. The other members of the committee will be Diwakar Gupta, T N Manoharan and Ashvin Parekh will be strategy advisor and the Indian Banks’ Association CEO will function as member secretary of the panel.
Dr V K Paul Expert Committee meet on Vaccine Administration Dr V K Paul, Member Niti Aayog has chaired the meeting of National Expert Group on Vaccine Administration for COVID-19. The committee held a meeting to deliberate on measures to ensure availability of vaccines as well as its delivery mechanism. It also discussed the mechanisms for the establishment of a digital infrastructure for inventory management.
Rajiv Mehrishi, Related moratorium Government of India has constituted an Expert Committee for making an overall assessment of relief to bank borrowers related to waiver of interest and waiver of interest on interest on the COVID-19 related moratorium. State Bank of India will provide secretarial support to the committee. The Committee may consult banks or other stakeholders, as deemed necessary, for the purpose.
KV Kamath Setting Parameters for Loan Restructuring

 

 RBI on the required financial parameters, along with the sector specific benchmark ranges for such parameters, to be factored into resolution plans. The expert committee will also undertake a process validation of resolution plans for borrowal accounts above a specified threshold.”
Pradip Shah Plan to develop international retail business Centres Authority (IFSCA) set up a panel of industry experts to formulate a plan to develop international retail business at the International Financial Services Centre (IFSC). The committee will be chaired by Pradip Shah, chairman at Indasia Fund Advisors.

Purpose: The expert committee was also tasked with strategising to make the IFSC attractive for international financial services and to draw up a roadmap for the growth of international retail at the centre.
Chaired by Secretary (retd) G K Pillai. Fix ceiling rates under duty reimbursement scheme for exporters The reimbursement of taxes under the Remission of Duties and Taxes on Export Products (RoDTEP) such as duty on power charges, VAT on fuel in transportation, farm sector, captive power generation, mandi tax, stamp duty and central excise duty on fuel used in transportation would make Indian products competitive in global markets.
Captain S S Chahar Kozhikode plane crash The Aircraft Accident Investigation Board (AAIB) said it has formed a five-member panel to inquire into the circumstances of a plane crash in Kerala’s Kozhikode airport.
Ramesh Chand Sugarcane Prices to Sugar Rate

 

 Niti Aayog Member(Agriculture), “Sugarcane and Sugar Industry” recommended linking of Sugarcane prices to sugar rate to maintain the financial state and stability of the  industry and to clear the arrears of the sugarcane farmers.
Shaktikanta Das Dividend of ₹57,128 crore to government.

 

 Reserve Bank of India on 13th August approved dividend of ₹57,128 crore to government. The decision was taken when the Central Board of the RBI met on 13th August under the chairmanship of Governor Shaktikanta Das through video conference
Rajesh Verma Business Responsibility Reporting (BRR)

 

 The Corporate Affairs Ministry (MCA) will work closely with capital markets regulator SEBI for implementation of the ‘Business Responsibility and Sustainability Report (BRSR)’ framework in the country.
Minister of state for home affairs G Kishan Reddy Committee for the welfare of freedom fighters Ministry of Home Affairs (MHA) has reconstituted a new committee for the welfare of the freedom fighters. This committee chaired by the minister of state for home affairs G Kishan Reddy and 9 other “eminent freedom fighters” from across the country. The ministry features a separate division to serve freedom fighters who are alive and their families. It disburses pension to about 30,000 freedom fighters.
Sijo George Committee on STIP 2020 Sijo Kuruvilla George has been appointed to the Central Government’s committee on Science, Technology and Innovation Policy 2020 (STIP 2020). He is a founding CEO of Startup Village and founder of Re-think Foundation. With this, he has become the part of the eight-member panel which is led by Harkesh Mittal, who also heads the Department of Science and Technology.

 
Anil Kumar Jha Violation of environment rules. The panel appraises projects that are commissioned without obtaining prior environmental clearance and have been termed as cases of violation. The panel was earlier constituted in June 2017 for three years. Its tenure has now been extended till June 2021.
Prof. Deepak.B. Phatak Analysis of QR (Quick Response) Code’ The report has recommended making QR codes more interoperable. QR code is used to pay utility bills, fuel, grocery, food, travel, and several other categories.
Professor R. Narayanaswamy National Financial Reporting Authority The members of the committee will support and provide insights to the Executive body of the NFRA on the issues related to the drafts of the accounting and auditing standards. The committee will also provide the inputs from the perspectives of the users, preparers and auditors of the financial statements.
Usha Thorat Sebi rejigs advisory The Securities and Exchange Board of India (Sebi) has revamped its committee that advises the capital markets regulator on matters related to regulation and development of mutual fund industry.

Note: Earlier in 2013, the panel had 15 members and was headed by Janki Ballabh, former Chairman of SBI.
Suresh Mathur ‘Pandemic Risk Pool’ “The Covid-19 pandemic, which started as a public health crisis, has led to a significant disruption in the economic activity mainly due to measures taken to stop the spread of the disease,” TL Alamelu, Member, Non-Life, Irdai, said in an order.
K S Reddy Human rights and future response of the government. The expert committee would assess the impact of Covid-19 on human rights of people, especially marginalised and vulnerable sections of the society, including migrant labourers.
G. Srinivasan.

 

 Find space for selling Surety Bonds The IRDAI has set up the committee after the Ministry of Road Transport and Highways requested it to examine the possibility of offering Surety Bond for contractors.
Ranbir Singh National level committee for reform in criminal law The committee, which has several leading legal academicians on board, would be gathering opinions online, consulting with experts and collating material for their report to the government.
T V Mohandas Pai IBBI advisory committee on service providers

 

 The 12-member panel would advise and provide professional support on regulation and development of the service providers dealt with by the IBBI , according to an order. The service providers include insolvency professionals, insolvency professionals agencies, insolvency professional entities and information utilities.
Defence Minister Rajnath Singh MSME loan scheme implementation

 

 To resolve any problem in the implementation of the Rs 3 lakh crore collateral-free loan scheme for MSMEs.
G Kishan Reddy Welfare of freedom fighters The ministry has a separate division to serve freedom fighters who are alive and their families. It disburses pension to about 30,000 freedom fighters and their families.
RBI executive director PK Mohanty Review private bank shareholding norms The group will examine the existing licensing guidelines and regulations on ownership and control of private sector banks.
Sunil Kumar Gupta Trustees of PM CARES Trustees of the PM CARES Fund have appointed SARC & Associates as auditor of the fund.
Uday Kotak IBBI reconstitutes advisory panel on corporate insolvency resolution process

 

 This Advisory Committee will advise and provide professional support— on a request from the IBBI or on its own volition—on any matter relating to the Corporate Insolvency resolution and liquidation dealt with by the Board under the Insolvency and Bankruptcy Code 2016.
headed by former Supreme Court Judge Anil Dave Sebi panel suggests measures to strengthen enforcement, recovery mechanism

 

 Purpose: The committee has examined the insolvency, recovery and securities laws jurisprudence of India and abroad and suggested suitable changes in the Insolvency and Bankruptcy Code to ensure that insolvency law is not used as a refuge by defaulters, thereby protecting the interest of investors.
Justice BP Katakey Assam Gas Leak The National Green Tribunal has imposed an interim penalty of Rs 25 crore on PSU major Oil India over its failure to stop fire in Assam’s Baghjan oil well resulting in damage to the environment.
Rajesh Bhushan Reforms in India’s drug regulatory system A high-level committee of experts has been formed by the government to recommend reforms in India’s drug regulatory system so that approval processes can be fast-tracked.
Anil Kumble Banning on the use of saliva to shine the ball The International Cricket Council’s (ICC) Cricket Committee has recommended banning on the use of saliva to shine the ball. The practice meant for swing bowling is now primarily held as health risk due to the threats of COVID-19 and protect the safety of players and match officials.
Lt General D B Shekatkar (Retd) Border Infrastructure These were related to speeding up road construction, leading to socio economic development in the border areas.
Neerabh Kumar Prasad Vizag gas leak The Andhra Pradesh government on 16th may constituted a five-member High-Power Committee to probe into the causes behind the leakage of styrene gas from the LG Polymer plant at RR Venkatapuram in Visakhapatnam.
Ministry of Home Affairs 4G internet services in J&K SC A bench comprising Justices N V Ramana, Justices R Subhash Reddy and B R Gavai said the committee would also include the Chief Secretary of the UT and the Secretary of Ministry of Communications to look into the demands by petitioners seeking restoration of 4G internet speed there.
Adhir Ranjan Chowdhury Parliament’s Public Accounts Committee

 

 Members of the public accounts committee are elected every year. The 22-member panel includes 15 members from the Lok Sabha and seven from the Rajya Sabha.

Works: The PAC examines accounts showing the appropriation of sums granted by Parliament for the expenditure of the Government of India, the annual financial accounts of the Government, and others.
The Ministry of Corporate Affairs (MCA) Examine the comments received on the consultation paper floated Purpose: The committee will examine the comments and make recommendations requiring any amendments in law, rules and standards to achieve the objective of enhancement of audit independence and accountability. The panel has been asked to submit its report by 30 June 2020.
Ex-DG Shipping Malini Shankar Reconstitutes National Shipping Board The government has approved reconstitution of the National Shipping Board to be headed by former Director General of Shipping Malini Shankar, an official said. The National Shipping Board (NSB) is the highest advisory body on matters related to Indian shipping including the development there of and on such other matters arising out of the Merchant Shipping Act.
Former Supreme Court judge, Justice (retd.) Ranjana Prakash Desai Delimitation Commission set up for J&K, Assam, Arunachal Pradesh, Manipur, Nagaland

 

 The Central Government has set up a Delimitation Commission for the purpose of delimitation of Assembly and the Parliamentary constituencies Union Territories of Jammu and Kashmir and the States of Assam , Arunachal Pradesh, Manipur and Nagaland.
N. K. Singh 15th Finance to Commission review fiscal consolidation road map of the both state and central

 

 The Fifteenth Finance Commission (15th FC) will monitor the situation in India in the wake of coronavirus pandemic and also the country’s response to it, as part of its deliberations ahead of the recommendations for 2020-21 (FY21) to 2025-26 (FY26).

The Commission’s Chairman N K Singh said on 19th March that some aspects that will need to be examined include health-sector specific needs, the larger impact on the economy of the Centre and states, and disaster relief funds.
Pravin Kutumbe

 

 IRDAI sets up panel on governance at insurers The country’s insurance regulator has set up a 16-member committee to find ways to improve corporate governance systems of insurers, primarily on making key functions such as risk management and internal audits independent of each other.

The committee will be headed by Pravin Kutumbe, member-finance and investment at IRDAI and has six other members from the insurance regulator besides members from the Reserve Bank of India and the Securities and Exchange Board of India along with other industry participants. It has been asked to submit the report to IRDAI in three months.
Sujit Prasad Municipal bonds development Committee which will suggest on policy matters pertaining to development of municipal debt securities and facilitate municipalities for issuance of such bonds.

The panel will advise Sebi on issues related to regulation and development of primary and secondary market of municipal debt securities.
Sanjiv Puri 15th Finance commission to boost agri exports

 

 The panel will recommend measurable performance incentives for States to encourage agri exports as well as to promote crops to enable high import substitution, the Finance Commission
Retired Justice Biplab Sharma High-level committee on Assam Accord’s Clause A high-level committee on Assam Accord’s Clause 6 on 25th February submitted its report to Assam Chief Minister Sarbananda Sonowal in Guwahati. The committee, headed by retired Justice Biplab Sharma, gave recommendations and measures to implement the Clause 6 of the Assam Accord. Now, the Assam government will send the report to the Ministry of Home Affairs (MHA) for the follow-up action.
Dr Mihir Shah Committee to draft the National Water Policy The committee established by the Ministry of Water Resources, River Development and Ganga Rejuvenation, Government of India will outline the new National Water Policy (NWP) for the country. The committee, comprising of 11 members including Dr Shah, will draft the National Water Policy (NWP) and will
Retired judges, Justice Abhay Manohar Sapre Road safety committee The Supreme Court on 16th January said it would appoint one of its retired judges, Justice Abhay Manohar Sapre, as the chairman of its committee on road safety after the panel’s current head — former apex court judge Justice K S P Radhakrishnan — expressed difficulty in continuing in that position. The bench has posted the matter for further hearing in July.
Niranjan Bhat Draft mediation law The Supreme Court has, through a unique step, set up a panel to firm up a draft legislation to give legal sanctity to disputes settled through mediation, which would then be sent to the government as a suggestion from the apex court.

The panel, to be headed by mediator Niranjan Bhat, will recommend a code of conduct for mediators, who are legal experts. On January 12, the committee met in Hyderabad to consider suggestions for a legislation put forth by mediators from all over India.

The mediators emphasised on confidentiality, the voluntary nature of the process, neutrality, avoiding conflicts of interest, enforceability of settlement etc.

Important Committees for Bank Exams

S.No Name of committees or Headed by Focus Area
1 Ajay Shankar Committee To review the functioning of PPP cell
2 H R Khan Committee To evaluate unclaimed PPP and post office saving
3 Bimal Jalan To head the Expenditure Management Commission
4 Justice M B Shah On black money
5 Deepak Mohanty Committee Data and information management  in the RBI
6 Arvind Mayaram Committee To clear the definition to the FDI and FII
7 Nachiket Mor Committee To  permit NBFCs to work as business correspondence
8 P J Nayak Committee Governance of Boards of Bank in India
9 K.V.Kamath Panel To examine the financial architecture for Micro, small and medium enterprises
10 Tandon Committee Follow up for bank credit
11 M L Dhantwala Committee Regional Rural Banks
12 SS Nadkarni Committee Trading in public sector banks
13 Bhide Committee Coordination between commercial banks and SFC’s
14 AK Bhuchar Committee Coordination between term lending institutions and commercial banks
15 R. Jilani Inspection System in Banks
16 James Raj Committee Functioning of public sector banks
17 Vipin Malik Committee Consolidated Accounting by banks
18 A Ghosh Committee Frauds & Malpractices in India
19 A K Khandelwal HR issues of public sector banks
20 R.H. Khan Committee Harmonization of role of financial institution in banks
21 Rakesh Mohan Small Savings
22 N. K Singh Committee To review the fiscal responsibility and budget management act
23 Amitabh Chaudhry Analysis the existing framework of IRDA-linked and non-linked insurance product regulations
24 Inter- departmental Tax Force To monitor and review the functioning of shell companies to prevent their misuse for money laundering and tax evasion
25 Dinesh Sharma Committee To propose new regulation related to digital currencies or virtual currencies
26 Sudharshan  Sen Committee To study regulatory issues relating to financial technology and digital banking in India
27 Rattan P Watal Committee To boost digital payment system in India
28 Amitabh Kant Committee To address the problem of Non-performing assets (NPAs) or stressed assets in India’s power sector.
29 YM Deosthalee Committee Task force on Public Credit Registry (PCR). The committee will review the current availability of information on credit in India.
30 C Khanduri Committee Parliamentary standing committee on defense.
31 Arun Jaitley Committee to oversee merger proposals of state-owned banks.
32 Rina Mitra Committee to examine the problems of people along IB, LOC in J&K.
33 Justice (Retd.) G. Rohini Committee to examine the sub-categorization of the Other Backward Classes (OBCs).
34 Dr. Hasmukh Adhia Committee A GST Committee on Exports
35 Dr. Rajiv Kumar Committee With an aim to create new jobs by enhancing India’s export
36 Dr. V. Kamakoti Committee on Artificial Intelligence (AI) for the country’s Economic Transformation
37 K Kasturirangan Committee To prepare National Education Policy
38 Amitabh Kant Committee to address the problem of stressed assets in India’s power sector.
39 C.K. Mishra Committee 7-m ember committee formed by Union Environment Ministry to formulate measures to solve the problem of air pollution in Delhi-NCR region.
40 Chandan Sinha Committee Panel formed by RBI for hedging commodities in global markets
41 Dr. Bibey Debroy Committee to give a leg up to the Indian economy in the short term.
42 Yashwant Thorat Committee Panel for by the Govt. to study merger of District Central Cooperative Banks (DCCBs) with Maharashtra State Cooperative (MSC) Bank
43 Assam Finance Minister Himanta Biswa Sarma Group of ministers (GoM) on making the GST composition scheme more attractive held its first meeting in New Delhi
44 Afzal Amanullah Go vt.’s Committee on Haj Policy has recommended phasing out of subsidy for Haj pilgrims & allowing women devotees above 45 years of age to travel in a group of at least four without a male
45 NITI Aayog Vice Chairman  Rajiv Kumar Centre has set up a high-level committee for proper management of water resources in the North-Eastern region to be head by

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