{"id":84787,"date":"2025-06-01T02:50:16","date_gmt":"2025-06-01T02:50:16","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=84787"},"modified":"2025-06-01T02:50:16","modified_gmt":"2025-06-01T02:50:16","slug":"the-reserve-bank-of-india-has-recently-constituted-a-high-level-task-f","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/the-reserve-bank-of-india-has-recently-constituted-a-high-level-task-f\/","title":{"rendered":"The Reserve Bank of India has recently constituted a high-level task f"},"content":{"rendered":"

The Reserve Bank of India has recently constituted a high-level task force on Public Credit Registry (PCR) to suggest a road map for developing a transparent, comprehensive and near-real-time PCR for India. The task force is headed by<\/p>\n

[amp_mcq option1=”Sekar Karnam” option2=”Vishakha Mulye” option3=”Sriram Kalyanaraman” option4=”Y. M. Deosthalee” correct=”option4″]<\/p>\n

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This question was previously asked in<\/div>\n
UPSC CDS-1 – 2018<\/div>\n<\/div>\n
Download PDF<\/a>Attempt Online<\/a><\/div>\n<\/div>\n
\nIn February 2018, the Reserve Bank of India (RBI) constituted a high-level task force to develop a road map for a comprehensive Public Credit Registry (PCR) in India. The task force was headed by Shri Y. M. Deosthalee, former CMD of L&T Finance Holdings Ltd.
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\nThe PCR is intended to be a database containing information on all loan contracts in the country, including their history, purpose, and performance. This is expected to help banks and other financial institutions in credit assessment and also improve transparency in the credit market.
\n<\/section>\n
\nOther members of the task force included experts from banking, information technology, and credit information companies. The task force submitted its report to the RBI later in 2018, recommending the establishment of a PCR by the RBI.
\n<\/section>\n","protected":false},"excerpt":{"rendered":"

The Reserve Bank of India has recently constituted a high-level task force on Public Credit Registry (PCR) to suggest a road map for developing a transparent, comprehensive and near-real-time PCR for India. The task force is headed by [amp_mcq option1=”Sekar Karnam” option2=”Vishakha Mulye” option3=”Sriram Kalyanaraman” option4=”Y. M. Deosthalee” correct=”option4″] This question was previously asked in … <\/p>\n

Detailed SolutionThe Reserve Bank of India has recently constituted a high-level task f<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1087],"tags":[1114,1120,1190],"class_list":["post-84787","post","type-post","status-publish","format-standard","hentry","category-upsc-cds-1","tag-1114","tag-economic-development","tag-money-banking","no-featured-image-padding"],"yoast_head":"\nThe Reserve Bank of India has recently constituted a high-level task f<\/title>\n<meta name=\"description\" content=\"In February 2018, the Reserve Bank of India (RBI) constituted a high-level task force to develop a road map for a comprehensive Public Credit Registry (PCR) in India. The task force was headed by Shri Y. M. Deosthalee, former CMD of L&T Finance Holdings Ltd. 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