What is gopalakrishna committee?
The RBI constituted the Working Group on Information Security, Electronic Banking, Technology Risk Management and Cyber Frauds, which produced its report in January 2011. The Working Group was headed by Mr. G. Gopalakrishna and is popularly known as the Gopalakrishna Committee Report.
Which committee recommended to RBI?
The Reserve Bank of India was set up on the basis of the recommendations of the Hilton Young Commission. The Reserve Bank of India Act, 1934 (II of 1934) provides the statutory basis of the functioning of the Bank, which commenced operations on April 1, 1935.
What is Goiporia committee?
The Goiporia Committee was set up in 1990 by the Reserve Bank of India (RBI). The Goiporia committee was given the mandate of exploring and giving recommendations for improving customer service in the banks. You can read about the RBI – Reserve Bank of India [UPSC Indian Economy Notes] in the given link.
Which committee was set up by the RBI on supervision of banks?
For dedicated and integrated supervision over all credit institutions, i.e., banks, development financial institutions and non-banking financial companies, the Board for Financial Supervision (BFS) was set up in November 1994 under the aegis of the Reserve Bank of India.
Who is the chairman of non-personal data governance framework?
Kris Gopalkrishnan, head of the non-personal data governance framework expert committee set up by the IT Ministry, said a single data authority for personal and non-personal data will be better for regulation.
What is non-personal data framework?
Non-personal data can further be classified as: (i) Public non-personal data: data collected or generated by the government in course of publicly funded works. For example, anonymised data of land records or vehicle registration can be considered as public non-personal data.
What is Narasimham committee report?
The Narasimham-II Committee was tasked with the progress review of the implementation of the banking reforms since 1992 with the aim of further strengthening the financial institutions of India. It focussed on issues like size of banks and capital adequacy ratio among other things.
What is Nachiket Mor committee?
Committee on Comprehensive Financial Services for Small Businesses and Low Income Households (commonly known as the Nachiket Mor Committee) was an expert committee formed by Raghuram Rajan on 23 September 2013, after he was appointed as the governor of the Reserve Bank of India (RBI). It was headed by Nachiket Mor.
What is Ghosh and Jilani committee?
Ghosh Committee A high level committee was set up to enquire into the various aspects of frauds and malpractices in the bank and to make recommendations to reduce such instances.
Who was chairman of Goiporia committee?
RBI appointed Goiporia committee under the chairmanship of MN Goiporia.
Who is the founder of Reserve Bank of India?
British RajReserve Bank of India / Founder
What is the name of the board that RBI has a committee of its central board?
central board of directors
The Reserve Bank’s affairs are governed by a central board of directors. The board is appointed by the Government of India in keeping with the Reserve Bank of India Act….Non-Official Directors.
|Central Board of Director appointed/nominated under RBI Act, 1934|
|Section of RBI Act||Sr. No.||Name|
|8 (1) (b)||6.||Ms. Revathy Iyer|