The Correct Answer is IV, I, II, III. The correct sequence is Karve Committee(1955), Nayak Committee(1991), Abid Hussain Committee(1997), S. S. Kohli Committee(2000). Important PointsThe Karve CommitteeThe Karve Committee is also known as the village and small-scale industries committee was set up in 1955. It was set up to find out the potential of utilizing small scale industry for promoting rural development. Nayak CommitteeThe Reserve Bank of India constituted on 9 December 1991, a Committee under the Chairmanship of Shri P. R. Nayank, Deputy Governor to examine the difficulties confronting the small-scale industries (SSI) in the country in the matter of securing finance. Abid Hussain CommitteeThe Abid Hussain Committee on SSIs (1997) examined the problems of the SSI sector. The Abid Hussain Committee Report on Trade Policy Reform and the Abid Hussain Committee Report on Small Scale Industries have been regarded as milestones in India's economic reforms. S. S. Kohli CommitteeThe RBI in November 2000 had appointed the working group under the chairmanship of SS Kohli the chairman of the Indian Bank Association to review the existing guidelines in regard to rehabilitation of sick units in the small-scale industrial sector and to recommend the revision of the guidelines making them transparent and non-discretionary.