🔴 IMPORTANT COMMITTEES 1) Urjit Patel Committee ✓ To examine the current monetary policy framework 2) Vaghul Committee ✓ For Money Market In India 3) Rattan P Watal Committee ✓ To boost digital payment system in India 4) Raghuram Rajan Committee ✓ For Financial Sector Reforms 5) Raja Chelliah Committee ✓ For Tax Reforms 6) Rakesh Mohan Committee ✓ Small Savings 7) Naresh Chandra committee ✓ For 14 member task force on security issues 8) P J Nayak Committee ✓ Governance of Boards of Bank in India 9) Parthasarathi Shome panel ✓ For Tax Administration Reform Commission