Match List I with List II and select the correct answer by using the codes given below the lists: List I List II (Committees) (Chaired by) I. Disinvestment of shares in Public Sector Enterprises A) Rajah Chelliah II. Industrial Sickness B) Onkar Goswami III. Tax Reforms C) R.N. Malhotra IV. Reforms in Insurance Sector D) C. Rangarajan Codes:

The correct answer is B because of the following matches:

I. Disinvestment of shares in Public Sector Enterprises matched with D. C. Rangarajan. The Rangarajan Committee was set up in 1993 to suggest the criteria for disinvestment in public sector units.

II. Industrial Sickness matched with B. Onkar Goswami. This committee was appointed in 1993 to examine the issues related to industrial sickness and corporate restructuring.

III. Tax Reforms matched with A. Rajah Chelliah. The Tax Reforms Committee, headed by Rajah Chelliah from 1991 to 1993, is credited with laying the foundation for modernizing India's tax system.

IV. Reforms in Insurance Sector matched with C. R.N. Malhotra. The Malhotra Committee was established in 1993 and its recommendations led to the opening of the insurance sector to private players and the establishment of the IRDA.

Therefore, the correct sequence is I-D, II-B, III-A, IV-C.