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Consider the following statements regarding the Marine Products Export Development Authority:
1. It is a statutory body established to regulate offshore and deep-sea fishing.
2. It works under the Ministry of Commerce and Industry.
Which of the statements given above is/are correct?
- a)1 only
- b)2 only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
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Most Upvoted Answer
Consider the following statements regarding the Marine Products Export...
The correct answer is option **C**.
**Marine Products Export Development Authority (MPEDA)**
- **Establishment**: MPEDA is a statutory body established in 1972 under the Marine Products Export Development Authority Act, 1972.
- **Regulation**: The primary objective of MPEDA is to regulate and promote the export of marine products.
**Ministry of Commerce and Industry**
- **Supervision**: MPEDA works under the Ministry of Commerce and Industry, Government of India.
- **Functioning**: The authority operates under the guidance of the Ministry of Commerce and Industry to facilitate the export of marine products and ensure compliance with regulations.
Therefore, both statements are correct. Statement 1 is accurate as MPEDA is responsible for regulating the export of marine products, not offshore and deep-sea fishing. Statement 2 is also correct as MPEDA functions under the Ministry of Commerce and Industry.
**Marine Products Export Development Authority (MPEDA)**
- **Establishment**: MPEDA is a statutory body established in 1972 under the Marine Products Export Development Authority Act, 1972.
- **Regulation**: The primary objective of MPEDA is to regulate and promote the export of marine products.
**Ministry of Commerce and Industry**
- **Supervision**: MPEDA works under the Ministry of Commerce and Industry, Government of India.
- **Functioning**: The authority operates under the guidance of the Ministry of Commerce and Industry to facilitate the export of marine products and ensure compliance with regulations.
Therefore, both statements are correct. Statement 1 is accurate as MPEDA is responsible for regulating the export of marine products, not offshore and deep-sea fishing. Statement 2 is also correct as MPEDA functions under the Ministry of Commerce and Industry.
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Consider the following statements regarding the Marine Products Export...
Recently, officials asserted that the entire value chain for India’s shrimp exports is certified by the Marine Products Export Development Authority (MPEDA) and there is no scope for abusive conditions at shrimp farms.
- It is a statutory body entrusted with the primary task of promotion of export of marine products.
- History: It was set up by an Act of Parliament during 1972. The erstwhile Marine Products Export Promotion Council established by the Government of India in 1961 was converged into MPEDA in 1972.
- Functions:
- Developing and regulating off-shore and deep-sea fishing and undertaking measures for the conservation and management of off-shore and deep-sea fisheries.
- Registering fishing vessels, processing plants or storage premises for marine products and conveyances used for the transport of marine products;
fixing of standards and specifications for marine products for purposes of export; - Regulating the export of marine products; registering of exporters of marine products on payment of such fees as may be prescribed;
- It has set up five full-fledged Quality Control Laboratories, at Kochi, Nellore & Bhimavaram, Bhubaneshwar and Porbandar. In addition, fifteen ELISA Screening Laboratories set up by MPEDA in the maritime states.
- In order to reach out to the exporters in different parts of the Country, it has set up 18 – Regional / Sub Regional Divisions / Desk offices.
- Headquarter: Kochi, Kerala
- It has Trade Promotion offices at New Delhi, Tokyo and New York.
- Nodal Ministry: Ministry of Commerce and Industry
Hence both statements are correct.
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Consider the following statements regarding the Marine Products Export Development Authority:1. It is a statutory body established to regulate offshore and deep-sea fishing.2. It works under the Ministry of Commerce and Industry.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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