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Q: Who among the following heads the Trade and Economic Relations Committee (TERC) ?
  • A. Finance Minister
  • B. Vice Chairman of NITI Aayog
  • C. RBI Governor
  • D. Prime Minister
Correct Answer: Option D - Prime Minister The Trade and Economic Relations Committee was constituted on 3ʳᵈ May 2005. It is an institutional mechanism for evolving the extent, scope and operational parameters of our economic relations with other countries in a coordinated and synchronized manner.
D. Prime Minister The Trade and Economic Relations Committee was constituted on 3ʳᵈ May 2005. It is an institutional mechanism for evolving the extent, scope and operational parameters of our economic relations with other countries in a coordinated and synchronized manner.

Explanations:

Prime Minister The Trade and Economic Relations Committee was constituted on 3ʳᵈ May 2005. It is an institutional mechanism for evolving the extent, scope and operational parameters of our economic relations with other countries in a coordinated and synchronized manner.