The correct answer is: A. a-1, b-3, c-2, d-4
The Tandon Committee was set up in 1977 to review the working of the capital market in India. The committee recommended a number of measures to improve the functioning of the capital market, including the establishment of a Securities and Exchange Board of India (SEBI).
The Rakesh Mohan Committee was set up in 1991 to review the working of the financial sector in India. The committee recommended a number of measures to reform the financial sector, including the deregulation of interest rates and the introduction of new financial products.
The Narsimhan Committee was set up in 1991 to review the working of the industrial sector in India. The committee recommended a number of measures to reform the industrial sector, including the deregulation of industrial licensing and the introduction of new industrial policies.
The Omkar Goswami Committee was set up in 1997 to review the working of the public sector undertakings (PSUs) in India. The committee recommended a number of measures to reform the PSUs, including the privatization of some PSUs and the corporatization of others.
Here is a brief explanation of each option:
- Option A: This option is correct. The Tandon Committee was set up to review the working of the capital market, the Rakesh Mohan Committee was set up to review the working of the financial sector, the Narsimhan Committee was set up to review the working of the industrial sector, and the Omkar Goswami Committee was set up to review the working of the public sector undertakings.
- Option B: This option is incorrect. The Rakesh Mohan Committee was not set up to review the infrastructure development.
- Option C: This option is incorrect. The Narsimhan Committee was not set up to review the industrial sickness.
- Option D: This option is incorrect. The Omkar Goswami Committee was not set up to review the capital financing.