question_answer

Which of the following was/were recommended by the Nachiket Mor Committee?

I. Providing a universal bank account to all Indians above the age of 18 years by January 1, 2016

II. Establishing wholesale banks for credit outreach

III. Adjusting 50 per cent priority sector lending target with adjustments for sectors and regions based on difficulty in lending

IV. Allowing differentiated licensees for banks

A)  II only

B)  I and IV

C)  I, II and III

D)  I, II, III and IV

E)  None of these