__________ committee suggested the re-opening up of the insurance sector to private players.

Question

Question: __________ committee suggested the re-opening up of the insurance sector to private players.

Options:

1.  K.N.Malhotra
2.  R.N.Malhothra
3.  Nrasimham
4.  Goyal

Answer 1

2. R.N.Malhothra

R.N.Malhothra committee suggested the re-opening up of the insurance sector to private players.

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More information:

R. N. Malhotra (1926 – 29 April 1997) was the 17th governor of the RBI, serving from 4 February 1985 to 22 December 1990.

In 1993, Indian government established a committee under the chairmanship of  R N Malhotra, to propose changes to the insurance sector.

The aim was to complement the reforms that were initiated in the financial sector.