GS PrelimsEconomyLiberalisation Privatisation Globalisation (LPG)1997 Match List I with List II and select the correct answer by using the codes given below the lists:
List I (Committees) - List II (Chaired by)
1. I. Disinvestment of shares in Public Sector Enterprises - A) Rajah Chelliah
2. II. Industrial Sickness - B) Onkar Goswami
3. III. Tax Reforms - C) R.N. Malhotra
4. IV. Reforms in Insurance Sector - D) C. Rangarajan
Codes:
Correct Answer: Option B
Explanation
1. The question requires matching various committees related to economic reforms in India with their respective chairpersons.
2. The Committee on Disinvestment of shares in Public Sector Enterprises (PSEs) set up in 1991 was chaired by Dr. C. Rangarajan (I matches D).
3. The Committee on Industrial Sickness (Committee on Industrial Restructuring) submitted its report in 1993 and was chaired by Onkar Goswami (II matches B).
4. The Tax Reforms Committee (TRC), which submitted reports in 1991, 1992, and 1993, was chaired by Prof. Rajah Chelliah (III matches A).
5. The Committee on Reforms in the Insurance Sector was constituted in 1993 and chaired by Shri R.N. Malhotra (IV matches C).
6. Therefore, the correct matching code is I-D, II-B, III-A, IV-C.
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