Formation of advisory group to support RRA 2.0

Formation of advisory group to support RRA 2.0

Question: In May 2021, RBI constituted an advisory group under whose chairmanship to assist the Second Regulatory Review Authority (RRA 2.0)?
(a) Gautam Thakur
(b) Subar Saha
(c) S. Janakiraman
(d) Ravi Duvuru
Answer – (c)
Related facts

  • In May 2021, the Reserve Bank of India formed an advisory group to assist the Second Regulatory Review Authority (RRA 2.0).
  • Headed by SBI Managing Director S Janakiraman, the advisory group will assist the RRA by identifying regulations, guidelines, and returns that can be rationalised.
  • The second regulatory review authority has been set up by the RBI to streamline the regulations and reduce the compliance burden of regulated entities.

By — Pankaj Pandey.

Link:
https://www.thehindu.com/business/Economy/rbi-sets-up-advisory-group-to-assist-regulatory-review-authority/article34508645.ece