Constitution of National Advisory Committee on Accounting Standards: Government substitutes Reserve Bank nominee with Shri P. Vijay Bhaskar. The Central Government amends the earlier Gazette notification constituting the National Advisory Committee on Accounting Standards by substituting, at serial entry (5), the Reserve Bank of India nominee with Shri P. Vijay Bhaskar, Chief General Manager-in-charge, Reserve Bank of India, as notified by the Ministry of Corporate Affairs and referencing the principal notification dated 21st July, 2009.