Who was appointed to head the Reserve Bank of India expert committee on revival of the Micro, Small and Medium Enterprises (MSME) sector?

Introduction / Context:
This question checks awareness of important committees set up by the Reserve Bank of India related to the Micro, Small and Medium Enterprises sector. MSMEs are a critical part of the Indian economy, contributing significantly to employment and exports. When the sector faces stress, the central bank sometimes forms expert groups to study issues and recommend solutions. Knowing the name of the chairperson of such a committee is a standard feature of banking and general awareness sections in many exams.

Given Data / Assumptions:
- The question refers to an expert committee set up by the Reserve Bank of India to look into MSME revival and related issues.
- The task is to identify who headed this panel.
- The options include Manoj Das, U K Sinha, a clearly fictitious option named Simba, and None of the above.

Concept / Approach:
The approach here is pure factual recall from recent economic and banking news. The relevant concept is that RBI often appoints experienced administrators, former regulators, or senior bankers to head high level committees. In this case, the committee on MSMEs was chaired by a former chairman of the Securities and Exchange Board of India, which is a strong clue. Remembering that name is the key to answering the question correctly.

Step-by-Step Solution:
Step 1: Recall which committee the question is talking about. It is the RBI expert committee on issues and revival of the MSME sector. Step 2: Remember from news that this committee was headed by a former SEBI chairman known for his regulatory experience. Step 3: The former SEBI chairman associated with this MSME committee is U K Sinha, who served as SEBI chief earlier. Step 4: Compare this information with the options. Option B lists U K Sinha, which matches the person identified from current affairs. Step 5: Therefore, U K Sinha is the correct answer to the question.

Verification / Alternative check:
You can verify this fact by remembering that the RBI press release on the committee clearly mentioned the name of U K Sinha as chairperson, with other members drawn from banks, industry, and academia. Study material from banking exams and yearbooks that summarise committees and their heads also list U K Sinha against the MSME revival committee, confirming that this match is correct.

Why Other Options Are Wrong:
Manoj Das: This name does not correspond to the head of the RBI MSME committee and is included only to distract those who guess without recalling the news correctly.
Simba: This is clearly a fictitious or non official name in this context and has no connection with RBI committees, so it is incorrect.
None of the above: This option would be correct only if none of the listed names matched the actual chairperson. Since U K Sinha is correctly given in option B, None of the above is wrong.

Common Pitfalls:
Many candidates confuse different committees and their heads, especially when several panels are formed around the same time. Another pitfall is ignoring the clue that the person was a former SEBI chairman and instead guessing based only on which name sounds familiar. To avoid these mistakes, it is useful to maintain a personal list of key committees and chairpersons and revise it regularly before the exam.

Final Answer:
The RBI committee on revival of the MSME sector was headed by U K Sinha.