In which year the financial market reforms begin with sukhamoy chakravarty and vaghul committee?
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heya here is ur answer
It began on April,1985
It began on April,1985
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Answer:
In 1982, the financial market reforms begin with Sukhamoy chakravarty and vaghul committee.
Explanation:
- Sukhmoy Chakrabarti Committee had formed in December of 1982 by Prof. Under the Sukhmoy Chakraborty’s chairmanship, it was done to assess the functioning Indian monetary system.
- Its goal was to improve the “monetary regulation”, an achievement was expected which would enable the stability of price. The committee that submitted the report in April of 1985, and believed that the price stability was necessary for promoting development and achieving some other social objectives.
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