Match the following Banking sector reform committees with their respective purposes:

	Committee		Purpose
(a)	Y.V. Reddy Committee	(i)	Revised method of lending in  place of cash credit system
(b)	Rashid Jilani Committee	(ii)	Rationalization of interest rate on   small saving
(c)	S.M Kelkar Committee	(iii)	Working capital lending norms
d)	I.T. Vaz Committee	(iv)	Regional Rural Banks

 
Choose the correct option from those given below 

Committee

Purpose

 Y.V. Reddy Committee

•  It was learned that an internal task force was set up to review the small savings scheme after the Y V Reddy committee set up in 2001 had strongly recommended slashing administered rates on small savings.

 Rashid Jilani Committee

•  The RBI had set up a “Working Group to Review the Internal Control and Inspection and Audit System in Banks” under the Chairmanship of Mr. Rashid Jilani.
• The Working Group was constituted in February 1995 to review the efficiency and adequacy of internal control and inspection and audit system in banks with a view to strengthening the supervision system, both on-site and off-site, and ensuring the reliability of data.
• Revised the method of lending in
   place of the cash credit system

 S.M Kelkar Committee

• The Working Group on RRBs (Kelkar Committee) in 1984 recommended that small and uneconomic RRBs should be merged in the interest of economic viability.

 I.T. Vaz Committee

•  Method of lending, the contribution of the borrower has to be 25% of the total current assets build-up instead of the working capital gap.
• Method of lending as per the Vaz Committee will now apply to borrowers availing working capital funds beyond limits of Rs. 100 lakh or more only