In the RTI application filed by a startup consultant, Mr. Varun sethi, on 9 april the central bank which is also known as RBI said it does not have an internal committee or appoint any official committee to look in VCs.
However, the RBI is a part of two different committee that have constituted under the Ministry of Finance study about virtual currencies in India.
One of the most important thing that ,
"RBI specifically mention that it conducted no research before implimentation of restriction in April, and one more shocking statement of RBI that no committee was ever formed for analysing the concept of blockchain before the decision".
Even its to difficult to understand, why India still called as INDEPENDENT COUNTRY, go ahead and declair a MONARCH COUNTRY or A RULE OF THUMB in India.