BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The Department of Industrial Policy and Promotion (DIPP) has been renamed as the____with a mandate to deal with matters related to start-ups, facilitating ease of doing business among others
A
Department for Product of Industry and Internal Trade
B
Department for Promotion of Industry and International Trade
C
Department for Promotion of Industry and Internal Tracking
D
Department for Promotion of Industry and Internal Trade
Explanation: 

Detailed explanation-1: -The department in its current form came into being on 27 January 2019, when the erstwhile Department of Industrial Policy & Promotion was renamed to Department for Promotion of Industry and Internal Trade (DPIIT) after internal trade was added to its mandate.

Detailed explanation-2: -Yes, the Department of Industrial Policy & Promotion (DIPP) was renamed as the Department for Promotion of Industry and Internal Trade (DPIIT).

Detailed explanation-3: -The Department of Industrial Policy & Promotion (DIPP)is responsible for formulation and implementation of promotional and developmental measures for growth of the industrial sector, keeping in view the national priorities and socio-economic objectives. It is responsible for the overall Industrial Policy.

Detailed explanation-4: -1.19. 2 This Scheme is being administered by the Ministry of Home Affairs.

There is 1 question to complete.