With reference to different Committees in India, consider the following details:

1. R.N. Malhotra Committee | Comprehensive reforms of Insurance sector in India | Insurance Regulatory and Development Authority of India

2. L.C. Gupta Committee | Preparing a roadmap for the introduction of derivatives trading in India | Securities and Exchange Board of India

3. Urjit R. Patel Committee | Preparing a roadmap for reforming bank lending to the Housing sector | Reserve Bank of India

4. Y.H. Malegam Committee | Preparing a roadmap for reforms in Microfinance sector in India | Reserve Bank of India

In which of the above rows are all the details correctly matched?

Matrix Verification BreakdownTo understand why only rows 2 and 4 are fully correct, let's examine each pair:Row 1 is Incorrect: While the R.N. Malhotra Committee (1993–94) did recommend comprehensive reforms to India's insurance sector, it was set up by the Ministry of Finance (Government of India), not the IRDAI. In fact, the IRDAI itself was created in 1999 as a direct result of this committee's recommendations. An organization cannot set up the committee that recommended its own creation. Row 2 is Correct: The L.C. Gupta Committee (1998) was constituted by SEBI to formulate the regulatory framework for the launch of derivatives trading in India, laying the groundwork for Nifty and Sensex futures. Row 3 is Incorrect: The Urjit R. Patel Committee (2013–14) was the "Expert Committee to Revise and Strengthen the Monetary Policy Framework." Set up by the RBI, its landmark achievement was introducing CPI-based flexible inflation targeting and recommending the setup of the Monetary Policy Committee (MPC). It had nothing to do with housing sector lending. Row 4 is Correct: The Y.H. Malegam Committee (2010–11) was set up by the RBI to study the issues and concerns in the Microfinance (MFI) sector following the Andhra Pradesh microfinance crisis.