The correct answer is A. Narasimham Committee.
The Narasimham Committee was a committee set up by the Government of India in 1991 to review the working of the monetary system in India. The committee was headed by M. Narasimham, who was then the Governor of the Reserve Bank of India. The committee submitted its report in 1991, and its recommendations were implemented by the government in the following years.
The Narasimham Committee’s report made a number of recommendations for reforming the Indian financial system. These recommendations included:
- Deregulation of interest rates
- Liberalization of the capital account
- Strengthening of the banking system
- Establishment of a new regulatory framework for the financial sector
The Narasimham Committee’s report was a landmark document in the history of Indian economic reforms. Its recommendations were implemented by the government, and they helped to transform the Indian financial system.
The other options are incorrect because:
- The Tandon Committee was set up in 1977 to review the working of the public distribution system in India.
- The Sukhamoy Chakravarty Committee was set up in 1982 to review the working of the Indian economy.
- The Dehejia Committee was set up in 2001 to review the working of the Indian education system.