TERC Leadership Explained
This section identifies the head of the Trade and Economic Relations Committee (TERC).
TERC Committee Overview
The Trade and Economic Relations Committee (TERC) is a key governmental body focused on India's trade and economic strategy.
Prime Minister Chairs TERC
The Prime Minister of India heads the Trade and Economic Relations Committee (TERC). This chairmanship signifies the government's focus on high-level strategic decision-making regarding trade and economic matters.
Identifying the Head
Reviewing the options provided:
- Prime Minister
- Finance Minister
- RBI Governor
- Vice Chairman of NITI Aayog
The Prime Minister holds the position of chairperson for the TERC.
Conclusion
Therefore, the Prime Minister heads the Trade and Economic Relations Committee (TERC).
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Important Questions from Committees and Recommendation
In order to review the Income Tax Act, 1961 and to draft a new Direct Tax
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The Regional Rural Banks were established on the recommendations of the ______ on Rural Credit.
The Malimath Committee Report deals with:
