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    Kumar Mangalam Birla Committee was set up to look into which of the following areas of Indian economy?
    Question

    Kumar Mangalam Birla Committee was set up to look into which of the following areas of Indian economy?

    A.

    Corporate governance

    B.

    Customer services in banks

    C.

    Corporate debt

    D.

    Financial inclusion

    Correct option is A

    The correct answer is (a) Corporate governance.
    · The Kumar Mangalam Birla Committee was established in 1999 by the Securities and Exchange Board of India (SEBI) to address the issues of corporate governance in India.
    · The committee's recommendations led to the introduction of Clause 49 in the Listing Agreement, which set out mandatory and non-mandatory requirements for corporate governance practices in Indian companies.
    · The aim was to enhance transparency, accountability, and fairness in corporate management and to protect the interests of investors.

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