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Commerce and Industry Minister Piyush Goyal on Monday inaugurated National Stock Exchange (NSE) Knowledge Hub, an Artificial Intelligence (AI)-powered learning ecosystem that will assist the banking, financial services, and insurance (BFSI) sector.
Speaking on the occasion, Goyal said that India has come up as the second- largest fintech hub in the world but a lot of work still needs to be done in the BFSI sector.
He said that the industry-driven learning ecosystem will help India in building next-generation skills and capabilities in the BFSI sector.
The minister said AI and machine learning will contribute USD 1 trillion by 2035 and it was a good beginning by NSE to tap the potential of AI and use it as a tool to create a workforce in the BFSI sector in India.
The minister assured continued government support to investors and start-ups and said that India was a safe investment destination for investors.
Q. Which Union Minister inaugurated NSE Knowledge Hub?
  • a)
    Rajnath Singh
  • b)
    Arjun Munda
  • c)
    Piyush Goyal
  • d)
    Ram Vilas Paswan
Correct answer is option 'C'. Can you explain this answer?
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Commerce and Industry Minister Piyush Goyal on Monday inaugurated Nati...
Piyush Goyal inaugurates NSE Knowledge Hub. Union Minister for Commerce and Industries Piyush Goyal has said that Artificial Intelligence and machine learning will contribute one trillion dollars by the year 2035.
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Read the following passage and answer the question as directed.{Y} Police have recruited its first AI-based police officer named {X} who has different and unique features from the rest of the people in the force, according to the reports. {X} stands out from the crowd and works as a life-like virtual assistant who has reportedly been programmed to use real-time animation to imitate face-to-face with others. {Y} unveiled its first-ever artificial intelligence-based officer on February 12 expecting that she will soon be greeting and interacting with people at stations and other public places in the country.It is a part of the pilot project where {X} will primarily be available at the {Y} police headquarters building in Molesworth Street. If the new and innovative project is successful, the department will put {X} across several other kiosks of in the country. Her work responsibility includes welcoming visitors to the building, greeting the staffs, directing them to collect their passes. {Y} Police Commissioner Mike Bush reportedly said that her capabilities are basic during this stage and as she is a proof of concept. He added that the police came across some real benefits of digital person technology.{X} will be stationed in the lobby of the forces national headquarters in Wellington. Its chief duties there will be welcoming visitors to the building, telling staff that theyve arrived, and directing them to collect their passes. It can also talk to visitors about certain issues, such as the forces non-emergency number and police vetting procedures.After three months on the job, {X}s future on the force will be evaluated."Her capabilities are basic at this stage as she is a proof of concept, but we see some real benefits of digital person technology if we can equip the AI with more knowledge and capabilities, and it can learn from more interactions," said {Y} Police Commissioner Mike Bush.Homegrown tech firms Intela AI and Soul Machines led the AI and digital human development of {X}. They programmed it to use voice, tone and body language to deliver a one-on-one service.{X} wont be patrolling the mean streets of Wellington just yet, and neither will it will be replacing human officers. But Commissioner Bush believes that if {X} does a good job, it could be handed a range of new responsibilities in the future.Q.Which is the worlds first artificial intelligent robot?

Directions: Read the following passage and answer the question.E-commerce in India has seen phenomenal growth over the years — from $39 billion in 2017, it is projected to rise to $200 billion by 2026. This comes in the wake of deepening penetration of the Internet and mobile phones. There has been a steady expansion of online offerings — electronics, apparel, travel, movies, medicine, hotel reservations, books, matrimonial services, cosmetics, footwear, fashion accessories and groceries. The liberal Foreign Direct Investment (FDI) policy, where 100% business-to-business transactions are allowed, is also fuelling the growth of this market.This growth, however, comes with challenges. Counterfeiting and pirated goods continue to distort the virtual marketplace. E-commerce sites are regularly being used as common platforms for the sale of counterfeit goods. Whether it is online or offline, the dangers are legitimate market loss and the occupation of economic space by unauthorised and grey market operators, causing loss of revenue to the government, loss of jobs, threat to consumer safety, and growth of organised crime.While technology offers several solutions to authenticate the original product, the same technological tools, particularly artificial intelligence, help create clones. This makes it more difficult to distinguish between the original and the fake. Moreover, when e-commerce players and brand owners get embroiled in disputes, it is the counterfeiters who reap the benefits. What is needed is constant upgradation and innovation to stay ahead of the counterfeiters. Therefore, it is important that we have regulations for e-commerce.Q. If the author's arguments in the given passage are true, which of the following must also be true?

The term 'Emotional Intelligence', first coined by psychologists Mayer and Salovey (1990), refers to one's capacity to perceive, process and regulate emotional information accurately and effectively, both within oneself and in others and to use this information to guide one's thinking and actions and to influence those of others.Emotional intelligence can lead us on the path to a fulfilled and happy life by providing a framework through which to apply standards of intelligence to emotional responses and understand that these responses may be logically consistent or inconsistent with particular beliefs about emotion.As the workplace evolves, so too does the body of research supporting that individuals (from interns to managers) with higher EI are better equipped to work cohesively within teams, deal with change more effectively, and manage stress - thus enabling them to more efficiently pursue business objectives. Goleman (1995) recognized five distinct categories of skills which form the key characteristics of EI and proposed that, unlike one's intelligence quotient (IQ), these categorical skills can be learned where absent and improved upon where present. Thus, EI, unlike its relatively fixed cousin, IQ, is instead a dynamic aspect of one's psyche and includes behavioral traits that, when worked upon, can yield significant benefits, from personal happiness and well-being to elevated success in a professional context.Emotional intelligence has been shown to play a meaningful role in academic success, mental and physical health, as well as attainment in professional domains; the findings of Bar-On (1997) suggested that people with higher EI performed better than those with lower EI in life. In the modern, agile workplace, there is an ever-increasing emphasis from employers on the importance of EI over academic qualifications.The importance of EI should not go unappreciated; the ability to understand and manage your emotions is the first step in realizing your true potential. How can we achieve meaningful progress if we don't recognize and acknowledge the point from where we're starting? When checking directions on your sat-nav, a destination is useless unless we know the origin.Whether it be connecting with others and improving interpersonal communication, achieving success in the workplace or social relationships, dealing with stress and improving motivation or refining decision-making skills - emotional intelligence plays a central role in realizing success in both personal and professional life.Q. How is EI connected to conventional intelligence?

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Commerce and Industry Minister Piyush Goyal on Monday inaugurated National Stock Exchange (NSE) Knowledge Hub, an Artificial Intelligence (AI)-powered learning ecosystem that will assist the banking, financial services, and insurance (BFSI) sector.Speaking on the occasion, Goyal said that India has come up as the second- largest fintech hub in the world but a lot of work still needs to be done in the BFSI sector.He said that the industry-driven learning ecosystem will help India in building next-generation skills and capabilities in the BFSI sector.The minister said AI and machine learning will contribute USD 1 trillion by 2035 and it was a good beginning by NSE to tap the potential of AI and use it as a tool to create a workforce in the BFSI sector in India.The minister assured continued government support to investors and start-ups and said that India was a safe investment destination for investors.Q.Which Union Minister inaugurated NSE Knowledge Hub?a)Rajnath Singhb)Arjun Mundac)Piyush Goyald)Ram Vilas PaswanCorrect answer is option 'C'. Can you explain this answer?
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Commerce and Industry Minister Piyush Goyal on Monday inaugurated National Stock Exchange (NSE) Knowledge Hub, an Artificial Intelligence (AI)-powered learning ecosystem that will assist the banking, financial services, and insurance (BFSI) sector.Speaking on the occasion, Goyal said that India has come up as the second- largest fintech hub in the world but a lot of work still needs to be done in the BFSI sector.He said that the industry-driven learning ecosystem will help India in building next-generation skills and capabilities in the BFSI sector.The minister said AI and machine learning will contribute USD 1 trillion by 2035 and it was a good beginning by NSE to tap the potential of AI and use it as a tool to create a workforce in the BFSI sector in India.The minister assured continued government support to investors and start-ups and said that India was a safe investment destination for investors.Q.Which Union Minister inaugurated NSE Knowledge Hub?a)Rajnath Singhb)Arjun Mundac)Piyush Goyald)Ram Vilas PaswanCorrect answer is option 'C'. Can you explain this answer? for CLAT 2025 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about Commerce and Industry Minister Piyush Goyal on Monday inaugurated National Stock Exchange (NSE) Knowledge Hub, an Artificial Intelligence (AI)-powered learning ecosystem that will assist the banking, financial services, and insurance (BFSI) sector.Speaking on the occasion, Goyal said that India has come up as the second- largest fintech hub in the world but a lot of work still needs to be done in the BFSI sector.He said that the industry-driven learning ecosystem will help India in building next-generation skills and capabilities in the BFSI sector.The minister said AI and machine learning will contribute USD 1 trillion by 2035 and it was a good beginning by NSE to tap the potential of AI and use it as a tool to create a workforce in the BFSI sector in India.The minister assured continued government support to investors and start-ups and said that India was a safe investment destination for investors.Q.Which Union Minister inaugurated NSE Knowledge Hub?a)Rajnath Singhb)Arjun Mundac)Piyush Goyald)Ram Vilas PaswanCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CLAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Commerce and Industry Minister Piyush Goyal on Monday inaugurated National Stock Exchange (NSE) Knowledge Hub, an Artificial Intelligence (AI)-powered learning ecosystem that will assist the banking, financial services, and insurance (BFSI) sector.Speaking on the occasion, Goyal said that India has come up as the second- largest fintech hub in the world but a lot of work still needs to be done in the BFSI sector.He said that the industry-driven learning ecosystem will help India in building next-generation skills and capabilities in the BFSI sector.The minister said AI and machine learning will contribute USD 1 trillion by 2035 and it was a good beginning by NSE to tap the potential of AI and use it as a tool to create a workforce in the BFSI sector in India.The minister assured continued government support to investors and start-ups and said that India was a safe investment destination for investors.Q.Which Union Minister inaugurated NSE Knowledge Hub?a)Rajnath Singhb)Arjun Mundac)Piyush Goyald)Ram Vilas PaswanCorrect answer is option 'C'. Can you explain this answer?.
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Can you explain this answer?, a detailed solution for Commerce and Industry Minister Piyush Goyal on Monday inaugurated National Stock Exchange (NSE) Knowledge Hub, an Artificial Intelligence (AI)-powered learning ecosystem that will assist the banking, financial services, and insurance (BFSI) sector.Speaking on the occasion, Goyal said that India has come up as the second- largest fintech hub in the world but a lot of work still needs to be done in the BFSI sector.He said that the industry-driven learning ecosystem will help India in building next-generation skills and capabilities in the BFSI sector.The minister said AI and machine learning will contribute USD 1 trillion by 2035 and it was a good beginning by NSE to tap the potential of AI and use it as a tool to create a workforce in the BFSI sector in India.The minister assured continued government support to investors and start-ups and said that India was a safe investment destination for investors.Q.Which Union Minister inaugurated NSE Knowledge Hub?a)Rajnath Singhb)Arjun Mundac)Piyush Goyald)Ram Vilas PaswanCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Commerce and Industry Minister Piyush Goyal on Monday inaugurated National Stock Exchange (NSE) Knowledge Hub, an Artificial Intelligence (AI)-powered learning ecosystem that will assist the banking, financial services, and insurance (BFSI) sector.Speaking on the occasion, Goyal said that India has come up as the second- largest fintech hub in the world but a lot of work still needs to be done in the BFSI sector.He said that the industry-driven learning ecosystem will help India in building next-generation skills and capabilities in the BFSI sector.The minister said AI and machine learning will contribute USD 1 trillion by 2035 and it was a good beginning by NSE to tap the potential of AI and use it as a tool to create a workforce in the BFSI sector in India.The minister assured continued government support to investors and start-ups and said that India was a safe investment destination for investors.Q.Which Union Minister inaugurated NSE Knowledge Hub?a)Rajnath Singhb)Arjun Mundac)Piyush Goyald)Ram Vilas PaswanCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Commerce and Industry Minister Piyush Goyal on Monday inaugurated National Stock Exchange (NSE) Knowledge Hub, an Artificial Intelligence (AI)-powered learning ecosystem that will assist the banking, financial services, and insurance (BFSI) sector.Speaking on the occasion, Goyal said that India has come up as the second- largest fintech hub in the world but a lot of work still needs to be done in the BFSI sector.He said that the industry-driven learning ecosystem will help India in building next-generation skills and capabilities in the BFSI sector.The minister said AI and machine learning will contribute USD 1 trillion by 2035 and it was a good beginning by NSE to tap the potential of AI and use it as a tool to create a workforce in the BFSI sector in India.The minister assured continued government support to investors and start-ups and said that India was a safe investment destination for investors.Q.Which Union Minister inaugurated NSE Knowledge Hub?a)Rajnath Singhb)Arjun Mundac)Piyush Goyald)Ram Vilas PaswanCorrect answer is option 'C'. 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