New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Consider the following statement about recent

    nomination in Board of Trade.       I.        Recent government has nominated 29 non-official members from large and small enterprises.     II.        It is a top advisory body on Internal trade.    III.        The Board is chaired by commerce and industry minister Piyush Goyal. Which of the above statement is/are not correct?
    A I only Correct Answer Incorrect Answer
    B II only Correct Answer Incorrect Answer
    C III only Correct Answer Incorrect Answer
    D I and III both Correct Answer Incorrect Answer
    E II and III both Correct Answer Incorrect Answer

    Solution

    Statement I is correct -: The government has nominated 29 non-official members from large and small enterprises and different sectors in the Board of Trade. The official members will include secretaries of department of revenue, department of commerce, ministry of health, agriculture, Deputy Governor of the Reserve Bank of India, and chairman Central Board of Indirect Taxes and Customs (CBIC), among others. Other non-official members include Pasha Patel, former member of Maharashtra Legislative Council, Pankaj Mahindroo, Chairman India Cellular and Electronics Association, Praveen Khandelwal, Secretary General Confederation of All India Traders (CAIT), Laghu Udyog Bharati Executive Member Om Prakash Mittal, GCMMF (Amul) Managing Director RS Sodhi, among others, according to notification issued by the Centre. Statement II is not correct -: It is a top advisory body on external trade Statement III is correct-: The Board, chaired by commerce and industry minister Piyush Goyal, advises the government on policy measures to improve the country's foreign trade.

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