Who among the following was the Head of the Expert Committee on Variab

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Who among the following was the Head of the Expert Committee on Variable Capital Company in India which has submitted its report recently?

K. P. Krishnan
Ketan Dalal
J. Ranganayakulu
Bobby Parikh
This question was previously asked in
UPSC CAPF – 2021
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The Expert Committee on Variable Capital Company (VCC) in India, which submitted its report, was headed by K. P. Krishnan.
K. P. Krishnan is a distinguished economist and former Secretary in the Ministry of Skill Development and Entrepreneurship. The committee was set up to examine the feasibility of introducing the VCC structure in India.
A Variable Capital Company (VCC) is a corporate structure used for investment funds in several jurisdictions (like Singapore) that offers flexibility in the subscription and redemption of shares. The committee’s report explored how such a structure could benefit the fund management industry in India.

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