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UPSC 1997: Match List I with List II and select the correct answer by using the codes given below the lists: List I (Committees) I. Disinvestment of shares in Public Sector Enterprises II. Industrial Sickness III. Tax Reforms IV. Reforms in Insurance Sector List II (Chaired by) A) Rajah Chelliah B) Onkar Goswami C) R. N. Malhotra D) C. Rangarajan Codes:
(a)I–A, II–D, III–B, IV–C
(b)I–D, II–B, III–A, IV–C
(c)I–D, II–A, III–B, IV–C
(d)I–A, II–C, III–D, IV–B
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Not attemptedCorrect Answer: (b) I–D, II–B, III–A, IV–C
• Disinvestment of PSU shares – C. Rangarajan Committee (1993). • Industrial Sickness – Omkar Goswami Committee (1993). • Tax Reforms – Raja J. Chelliah Committee (1991-93). • Insurance-sector reforms – R. N. Malhotra Committee (1993-94). Thus the correct pairing is I-D, II-B, III-A, IV-C. ([gktoday.in](https://www.gktoday.in/question/match-list-i-and-list-ii-and-select-the-correct-an-3?utm_source=openai))
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Frequently Asked Questions
What is the correct answer to this UPSC 1997 Indian Economy question?▼
The correct answer is option (b): I–D, II–B, III–A, IV–C. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
Which year was this Banking & Financial Sector question asked in UPSC Prelims?▼
This question was asked in UPSC CSE Prelims 1997, GS Paper 1, as Question 29. It falls under Indian Economy > Banking & Financial Sector.
What is the difficulty level of this UPSC question?▼
This question is rated "moderate". It requires sound conceptual understanding of the topic.
How many UPSC Prelims questions have been asked from Banking & Financial Sector?▼
UPSC has asked 48 questions from Banking & Financial Sector (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.