What was the primary objective of Sukhmoy Chakravarty Committee formed in 1982?

Q. What was the primary objective of Sukhmoy Chakravarty Committee formed in 1982?
Answer: to assess the functioning of the Indian Monetary system
Notes: The Sukhamoy Chakravarty Committee was formed in December 1982 under the chairmanship of Prof. Sukhamoy Chakroborty to assess the functioning of the Indian Monetary system.

Question Source: 📚This question is part of Banking Awareness - 2025-26 course in GKToday's Android Application. The Course comprises 2400+MCQs on Banking & General Financial Awareness with explanation for All Banking Exams of 2025-26 such as IBPS Bank PO, IBPS Bank Clerical, RRB PO and Clerical, SBI PO and SBI Clerical, IBPS Recruitments, RBI Grade B and RBI Banking Examinations. Download the app here.

📌 Question Number: 1 in 6. Banking Reforms in India in the above course in App.