Discussion
PJ Naik committee is related to
Answer: C
Correct answer: Governance of bank boards
The P. J. Nayak Committee (2014) examined the governance of bank boards, and was blunt about public sector banks: divided and unclear ownership responsibilities, short tenures for chief executives, boards without the skills to oversee risk. Its central recommendation was that the government reduce its holding below 50% and let the banks be governed like companies.
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