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Cabinet Committee on Economic Affairs (CCEA) recently seen in the news, it is chaired by:
- a)President
- b)Finance Minister
- c)Prime Minister
- d)Speaker of the Lok Sabha
Correct answer is option 'C'. Can you explain this answer?
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Verified Answer
Cabinet Committee on Economic Affairs (CCEA) recently seen in the news...
Cabinet Committee on Economic Affairs (CCEA) is chaired by the Prime Minister.
One of the standing committees of the cabinet. It comprises 11 ministers and 3 special invitees.
Major functions:
• Take major economic decisions like disinvestments, MSP, etc
• CCEA handles the functions of the cabinet committee on prices, cabinet committee on UIDAI, Cabinet committee on WTO, after they were scrapped
One of the standing committees of the cabinet. It comprises 11 ministers and 3 special invitees.
Major functions:
• Take major economic decisions like disinvestments, MSP, etc
• CCEA handles the functions of the cabinet committee on prices, cabinet committee on UIDAI, Cabinet committee on WTO, after they were scrapped
Most Upvoted Answer
Cabinet Committee on Economic Affairs (CCEA) recently seen in the news...
Explanation:
Cabinet Committee on Economic Affairs (CCEA)
The Cabinet Committee on Economic Affairs (CCEA) is a committee of the Cabinet of India responsible for formulating and implementing economic policies and strategies. It is one of the most important committees of the Cabinet and plays a crucial role in decision-making related to economic matters in the country.
Chairperson of CCEA
The CCEA is chaired by the Prime Minister of India. The Prime Minister is the head of the government and holds the highest executive authority in the country. As the chairperson of the CCEA, the Prime Minister plays a key role in shaping economic policies and decisions that have a significant impact on the country's economy.
Functions of CCEA
- Formulating and reviewing economic policies and strategies.
- Approving major economic proposals and projects.
- Addressing issues related to economic growth, investment, and development.
- Monitoring the implementation of economic policies and projects.
Significance of CCEA
The decisions taken by the CCEA have far-reaching implications for the economy of the country. The committee plays a vital role in ensuring that economic policies are in line with the government's overall development agenda and are aimed at promoting sustainable growth and development.
In conclusion, the Cabinet Committee on Economic Affairs (CCEA) is chaired by the Prime Minister of India and plays a crucial role in formulating and implementing economic policies and strategies that are essential for the country's economic development.
Cabinet Committee on Economic Affairs (CCEA)
The Cabinet Committee on Economic Affairs (CCEA) is a committee of the Cabinet of India responsible for formulating and implementing economic policies and strategies. It is one of the most important committees of the Cabinet and plays a crucial role in decision-making related to economic matters in the country.
Chairperson of CCEA
The CCEA is chaired by the Prime Minister of India. The Prime Minister is the head of the government and holds the highest executive authority in the country. As the chairperson of the CCEA, the Prime Minister plays a key role in shaping economic policies and decisions that have a significant impact on the country's economy.
Functions of CCEA
- Formulating and reviewing economic policies and strategies.
- Approving major economic proposals and projects.
- Addressing issues related to economic growth, investment, and development.
- Monitoring the implementation of economic policies and projects.
Significance of CCEA
The decisions taken by the CCEA have far-reaching implications for the economy of the country. The committee plays a vital role in ensuring that economic policies are in line with the government's overall development agenda and are aimed at promoting sustainable growth and development.
In conclusion, the Cabinet Committee on Economic Affairs (CCEA) is chaired by the Prime Minister of India and plays a crucial role in formulating and implementing economic policies and strategies that are essential for the country's economic development.
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Cabinet Committee on Economic Affairs (CCEA) recently seen in the news, it is chaired by:a)Presidentb)Finance Ministerc)Prime Ministerd)Speaker of the Lok SabhaCorrect answer is option 'C'. Can you explain this answer?
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