📝 Multiple Choice Question
Economics
Based on which committee recommendations, RBI introduced a comprehensive regulatory framework for NBFCMFIs?
A
Gadgil committee
B
Malegam committee
C
Kelkar committee
D
Rangarajan committee
Explanation
In response to the 2010 microfinance crisis, the RBI formed the Y.H. Malegam Committee, whose recommendations directly shaped the stringent regulatory framework for NBFC-MFIs.
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