Consider the following statements1. Dhan Sangam was seminar for banker was arranged by the Finance Ministry2. S.S.Mundra Committee was set up for governance in banks.Which of the above statements are not true?

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Q:3

Consider the following statements
1. Dhan Sangam was seminar for banker was arranged by the Finance Ministry
2. S.S.Mundra Committee was set up for governance in banks.
Which of the above statements are not true?

Only 1

Only 2

Both

Neither

Explanation:

Dhan Sangam was seminar for banker was arranged by the Finance Ministry while P.J.Nayak Commitee was set up for governance in banks.

Next Question

According to P.J.Nayak committee recommendations
1. Transfer of government shares in PSB to to Bank investment Company (BIC) so BIC will become Holding company and PSB banks became BIC's subsidiary companies.
2. Until BIC is formed Committee recommended formation of Bank Board Bureau
Which of the above statements are true?

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