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List of important committees in India 2020-21

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ambitiousbaba.com Online Test Series IBPS | SBI | RBI | SEBI | SIDBI | NABARD | SSC CGL | SSC CHSL | AND OTHER GOVERNMENT EXAMS 1 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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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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