The Nachiket Mor Committee, set up by the Reserve Bank of India, was primarily related to reforms and recommendations in which of the following areas?

Introduction / Context:
Committees headed by experts are frequently constituted in India to study specific policy issues and submit detailed recommendations. The Nachiket Mor Committee is one such important committee associated with banking and financial inclusion. Exam questions often ask about the domain or purpose of a committee, so it is essential to associate the right topic with the right name.

Given Data / Assumptions:

• The committee mentioned is the Nachiket Mor Committee.
• It was constituted by the Reserve Bank of India.
• Options include financial services, a telecom scam, spot fixing in the Indian Premier League and a generic none of the above.
• We assume the typical exam context where Nachiket Mor is linked to financial inclusion for small businesses and low income households.

Concept / Approach:
The Nachiket Mor Committee was formally called the Committee on Comprehensive Financial Services for Small Businesses and Low Income Households. Its mandate was to suggest how to expand access to a full range of financial services, including payments, savings, credit and insurance, especially for underserved segments of the population. Therefore, the correct broad category is financial services and financial inclusion. The other options are unrelated scandals or events and are present as distractors only.

Step-by-Step Solution:
Step 1: Recall that Nachiket Mor is a well known banker and was a member of the RBI Board. Step 2: Remember that the committee named after him focused on comprehensive financial services for small businesses and low income households, which is essentially a financial inclusion issue. Step 3: Look at the options and identify which one matches this description. Option financial services and financial inclusion clearly fits. Step 4: The other options mention a fourth generation telecom scam and spot fixing in IPL, which fall under telecom regulation and sports ethics, not the jurisdiction of the Reserve Bank of India. Step 5: Since we already have a correct and specific option, none of the above cannot be correct. Step 6: Conclude that the committee is associated with financial services and financial inclusion.

Verification / Alternative check:
To verify, you can recall some of the key recommendations associated with the committee, such as suggestions on universal electronic bank accounts, specialised payments banks and small finance banks, and improved access to credit and insurance products for excluded groups. All of these are classic financial inclusion topics. No major report by Nachiket Mor became famous for investigating telecom scams or match fixing, which further confirms the selected option as correct.

Why Other Options Are Wrong:
Option fourth generation telecom scam is wrong because telecom spectrum issues are handled by bodies like the Department of Telecommunications and investigative agencies, not by RBI expert committees. Option spot fixing in the Indian Premier League is wrong since such matters are investigated by sports bodies, police and inquiry commissions, not by RBI. Option none of the above is wrong because we already have a clear matching option describing financial services and inclusion, which directly aligns with the committee's mandate.

Common Pitfalls:
Students often confuse the Nachiket Mor Committee with other committees on corporate governance, capital market reforms or telecom issues. The best way to avoid such confusion is to maintain a short mapping of committee names to their broad subject areas. For example, remember Nachiket Mor for financial inclusion, Kelkar for fiscal consolidation and Shah or Justice Lodha for various judicial or sports reforms. Repeated revision of these associations greatly improves accuracy in exam hall conditions.

Final Answer:
The Nachiket Mor Committee was set up to give recommendations on Financial services and financial inclusion, especially for small businesses and low income households.