Correct option is D
The Chalapathi Rao Committee was constituted to recommend measures for the restructuring of Regional Rural Banks (RRBs) in India. The committee focused on improving the financial health, operational efficiency, and regional outreach of RRBs.
Information Booster:
· RRBs were established to provide banking services to rural areas, focusing on agriculture and small-scale industries.
· The committee suggested amalgamation and capital infusion to strengthen RRBs.