Who among the following was the Chairman of the Committee on Financial Sector Assessment (CFSA) set up by the Government of India and the Reserve Bank of India in 2006 to undertake a complete health checkup of the countrys financial sector ?

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Submitted by examrobotsa on

Q: 76 (CAPF/2009)
Who among the following was the Chairman of the Committee on Financial Sector Assessment (CFSA) set up by the Government of India and the Reserve Bank of India in 2006 to undertake a complete health checkup of the countrys financial sector ?

question_subject: 

Current Affairs

question_exam: 

CAPF

stats: 

0,11,44,6,12,11,26

keywords: 

{'cfsa': [0, 0, 1, 0], 'financial sector assessment': [0, 0, 1, 0], 'financial sector': [0, 1, 1, 1], 'chairman': [0, 0, 3, 5], 'committee': [0, 0, 0, 1], 'shri ashok jha': [0, 0, 1, 0], 'shri ashok chawla': [0, 0, 1, 0], 'reserve bank': [1, 0, 3, 4], 'complete health checkup': [0, 0, 1, 0], 'india': [8, 1, 7, 13]}

The correct answer is option 3, Dr. Rakesh Mohan. He was the Chairman of the Committee on Financial Sector Assessment (CFSA) that was set up by the Government of India and the Reserve Bank of India in 2006. The objective of CFSA was to conduct a comprehensive assessment of the health of the financial sector in the country.

Let`s take a look at the other options to better understand why they are not correct:

Option 1, Shri Ashok Chawla: Shri Ashok Chawla was an Indian civil servant and served as the Chairman of the Competition Commission of India, but he was not the Chairman of CFSA.

Option 2, Shri Ashok Jha: Shri Ashok Jha is an Indian economist who has held various positions in the Indian government and the Reserve Bank of India. However, he was not the Chairman of CFSA.

Option 4, Dr. D. Subbarao: Dr. D. Subbarao is an Indian economist who served as the Governor of the Reserve Bank of India from 2008 to 2013. While he played a significant role in shaping the financial sector during his tenure, he was not the Chairman of CFSA.

Therefore, the