CLAT Exam  >  CLAT Questions  >  Commerce and Industry Minister Piyush Goyal o... Start Learning for Free
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. According to Commerce and Industry Minister Piyush Goyal, how much AI and machine learning will contribute by 2035?
  • a)
    USD 2 trillion
  • b)
    USD 1 trillion
  • c)
    USD 5 trillion
  • d)
    USD 3 trillion
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Commerce and Industry Minister Piyush Goyal on Monday inaugurated Nati...
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.
View all questions of this test
Explore Courses for CLAT exam

Similar CLAT Doubts

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?

[1]Studies of brain evolution are compelling because of their implications for understanding human evolution. [2]Consequently, researchers are motivated by a desire to find the causes of intelligence. [3]What is intelligence? [4]It is inevitably described with respect to human attributes; we consider ourselves intelligent, and we therefore compare other species to ourselves. [5]This view is legitimized by the fact that humans do have very sophisticated brains, exhibit extraordinarily complex behavior, and cope well in novel situations, generalizing from one problem to another.[6]Unfortunately, criteria applicable to humans are not necessarily appropriate for evaluating traits of other organisms. [7]There is no basis for the assumption that all intelligence is human-like intelligence, nor even for the preconception that all primate intelligence is human-like. [8]To say that intellectual prowess is comparative across species and to use humans as the basis for comparison is a continuation of pre-Darwinian ideas of a scala naturae dealing with intelligence. [9]If ranking species in a single phylogenetic line according to criteria based on the extant member is questionable, then certainly since ecological conditions and selection pressures change over time, ranking contemporary species separated by millions of years of evolution based on the traits exhibited by one is unjustifiable. [10]To assume a continuum of intelligence across today's species is incompatible with an evolutionary perspective, and this preconception must not be allowed to guide studies of brain evolution. [11]The information-processing systems of different animals have been designed to respond to different stimuli, diverse ""cognitive substrates,"" and therefore expectations of an interspecific regularity between these IPS and various other body measures are ill-conceived.[12]What # lacking # a good definition # intelligence that will allow us # say something # how an animal copes # its own ecology and not how closely # approximates human behavior. [13]There are undeniable trends in the history of life -- towards larger brains in mammals and larger neocortices in primates -- but to generalize correlations of these trends into a concept of intelligence should not be attempted until an accurate definition is developed. [14]Until that time, the most that comparative brain size studies can do is demonstrate correlations and thereby pose questions for scientists who focus on the evolution of species with one of these correlated characteristics.Q. Which set of words below contains the correct set of antonyms for all of the following words? Sophisticated, continuation, contemporary, diverse

Top Courses for CLAT

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.According to Commerce and Industry Minister Piyush Goyal, how much AI and machine learning will contribute by 2035?a)USD 2 trillionb)USD 1 trillionc)USD 5 trilliond)USD 3 trillionCorrect answer is option 'B'. Can you explain this answer?
Question Description
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.According to Commerce and Industry Minister Piyush Goyal, how much AI and machine learning will contribute by 2035?a)USD 2 trillionb)USD 1 trillionc)USD 5 trilliond)USD 3 trillionCorrect answer is option 'B'. 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.According to Commerce and Industry Minister Piyush Goyal, how much AI and machine learning will contribute by 2035?a)USD 2 trillionb)USD 1 trillionc)USD 5 trilliond)USD 3 trillionCorrect answer is option 'B'. 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.According to Commerce and Industry Minister Piyush Goyal, how much AI and machine learning will contribute by 2035?a)USD 2 trillionb)USD 1 trillionc)USD 5 trilliond)USD 3 trillionCorrect answer is option 'B'. Can you explain this answer?.
Solutions 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.According to Commerce and Industry Minister Piyush Goyal, how much AI and machine learning will contribute by 2035?a)USD 2 trillionb)USD 1 trillionc)USD 5 trilliond)USD 3 trillionCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for CLAT. Download more important topics, notes, lectures and mock test series for CLAT Exam by signing up for free.
Here you can find the meaning 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.According to Commerce and Industry Minister Piyush Goyal, how much AI and machine learning will contribute by 2035?a)USD 2 trillionb)USD 1 trillionc)USD 5 trilliond)USD 3 trillionCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation 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.According to Commerce and Industry Minister Piyush Goyal, how much AI and machine learning will contribute by 2035?a)USD 2 trillionb)USD 1 trillionc)USD 5 trilliond)USD 3 trillionCorrect answer is option 'B'. 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.According to Commerce and Industry Minister Piyush Goyal, how much AI and machine learning will contribute by 2035?a)USD 2 trillionb)USD 1 trillionc)USD 5 trilliond)USD 3 trillionCorrect answer is option 'B'. 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.According to Commerce and Industry Minister Piyush Goyal, how much AI and machine learning will contribute by 2035?a)USD 2 trillionb)USD 1 trillionc)USD 5 trilliond)USD 3 trillionCorrect answer is option 'B'. 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.According to Commerce and Industry Minister Piyush Goyal, how much AI and machine learning will contribute by 2035?a)USD 2 trillionb)USD 1 trillionc)USD 5 trilliond)USD 3 trillionCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice CLAT tests.
Explore Courses for CLAT exam

Top Courses for CLAT

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev