Correct Answer: Rangarajan Committee

Solution : The correct answer is (a) Rangarajan Committee.

The Rangarajan Committee, officially known as the Committee on Financial Inclusion, was appointed by the Planning Commission of India in 2007. It was headed by Dr. C. Rangarajan, an eminent economist and former Governor of the Reserve Bank of India.

The committee recommended the establishment of a national-level program called the National Rural Livelihoods Mission (NRLM) to address rural poverty and promote sustainable livelihoods in rural areas. The NRLM was launched in 2011 and aimed to provide financial assistance, skill development, and capacity-building support to rural households, particularly women, to enhance their income-generating capabilities and improve their overall livelihoods.