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List of important committees in India 2020-21
List of Important Committee (April)
Committee Headed by Purpose
Regulations Review
Authority (RRA 2.0) M Rajeshwar Rao
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.
Asset Reconstruction
Companies (ARC) Sudarshan Sen
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).
March 2021
Committee Headed by Purpose
Panel to Evaluate
Bank Applications Shyamala Gopinath The Reserve Bank of India (RBI)
has set up a “standing external
advisory committee (SEAC)” on March 23, 2021. This panel will
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evaluate the applications for the
universal banks and small finance
banks (SFBs).
This committee comprises of five members.
February-2021
Committee Headed by Purpose
Expert Committee on
Urban co-op Banks by RBI
N. S. Vishwanathan 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.
Task force on river-linking Sriram Vedire 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.
January-2021
Committee Headed by Purpose
COVID-19 vaccine
administration
RS Sharma 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.
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Panel to work out CET R P Tiwari
The new NEP, released in
July 2020, advocates reducing the number of
entrance tests.
digital lending as frauds
come into sharp focus
Ayant Kumar Dash The group will suggest
steps to regulate digital lending including online
lending platform and mobile lending.
Committee (Nov/Dec 2020)
Committee Headed by Purpose
Committee to review the
guidelines on television
rating agencies in India
Prasar Bharati CEO to Head
Shashi S. Vempati
to submit its report to the
information and broadcasting minister within
two months.
large NBFCs into banks P K Mohanty 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
Capital Goods (CG) Sector through
interventions that help the CG Sector
Aurn Goel
contributing more actively in the national goal of
achieving a $5 trillion economy and a $1
trillion manufacturing sector.
Committee (October 2020)
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Committee Headed by Purpose
All India Council for
Technical Education
(AICTE)
M.S. Ananth 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.
Prevent stubble burning
Retired apex court judge Justice Madan B Lokur
One-man committee to take steps for preventing
stubble burning in Punjab, Haryana and Uttar Pradesh
which is a source of pollution in Delhi-national capital region (NCR).
Recommending Policy
on Market Data Access
by Madhabi Puri Buch 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.
400th birth anniversary
of Shri Guru Tegh Bahadur
PM Modi 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.
♦Committee (September 2020)
Committee Headed by Purpose
Government gives one-
year extension to Rajesh Verma Functioning of the National
Company Law Tribunal (NCLT) and make
recommendations on
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Company Law
Committee
various issues pertaining to
implementation of the Companies Act as
well as the Limited
Liability Partnership Act.
National Cyber Security Coordinator to study the
revelations in
China Watching
Rajesh Pant The expert committee, led by Lt Gen (retd)
Rajesh Pant, India’s chief coordinator on
cyber security, will evaluate the “implications”
of the digital surveillance by Data Information
Technology Co. Limited and “assess any violations of
law and submit its recommendations within
thirty days.”
Assessment of relief to
bank borrower
Former CAG Rajiv Mehrishi Will measure the impact on
the national economy and financial stability of waiving
of interest and COVID-19
related moratorium.
It will also give suggestions
to mitigate financial constraints of various sections of society in this
respect and measures to be adopted in this regard.
NITI Aayog preparing Multidimensional Poverty index
Ms Sanyukta Samaddar
“Global Indices to Drive Reforms and Growth (GIRG)” exercise is to fulfil
the need to measure and monitor India’s
performance on various important social and
economic parameters and enable the utilisation of
these Indices as tools for self-improvement, bring
about reforms in policies, while improving last-mile
implementation of government schemes.
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Yearly Subscription for Current Affairs (Feb 2021 – Feb 2022) Mock
Tests
Click here to Subscribe Bank & Insurance MahaCombo Online Test
Series 2021-21
Complete list of Test Series covered in the “All Banking Exams Test
Series for 2021-22” is given below:
Exam Covered 2021-22 Number of Mock Tests
SBI PO Prelims 15
SBI PO Mains 10
SBI Clerk Prelims 15
SBI Clerk Mains 10
IBPS RRB PO Prelims 15
IBPS RRB PO Mains 10
IBPS RRB Clerk Prelims 15
IBPS RRB Clerk Mains 10
IBPS PO Prelims 15
IBPS PO Mains 10
IBPS Clerk Prelims 15
IBPS Clerk Mains 10
RBI Assistant Prelims 15
RBI Assistant Mains 10
LIC AAO Prelims 15
LIC AAO Mains 10
LIC Assistant Prelims 15
LIC Assistant Mains 10
SBI Apprentice 10
NIACL AO Prelims 15
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NIACL AO Mains 10
Reasoning Section-Wise 30
Quantitative Aptitude Section-Wise 30
English Section-Wise 30
Topic-Wise (Quantitative Aptitude) 15
Arithmetic Data Interpretation 10
Caselet DI 10
Memory Based Mock (Prelims) 10
Banking Awareness 15
Static Awareness (GK) 15
Hindi Language for RRB 20
Computer Awareness 20
Current Affairs (Weekly Tests) 50
Topic Wise General Awareness Capsule Tests (Mains exam only)
15 (for Each Exam)
Other Banking Exams (Excepts SO)
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