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Who among the following heads the Trade and Economic Relations Committee (TERC)?
Question

Who among the following heads the Trade and Economic Relations Committee (TERC)?

A.

Prime Minister

B.

Finance Minister

C.

RBI Governor

D.

Vice Chairman of NITI Aayog

Correct option is A

The correct answer is (A) Prime Minister.

Explanation:
  • The Trade and Economic Relations Committee (TERC) is headed by the Prime Minister of India.
  • It is a high-level committee that discusses and formulates strategies related to international trade, foreign direct investment (FDI), and economic policies.
  • The committee includes key members such as the Finance Minister, Commerce Minister, and other senior officials, depending on the agenda.
Why the other options are incorrect:
  • Finance Minister: While the Finance Minister is a key member of TERC, they do not head the committee.
  •  RBI Governor: The RBI Governor deals primarily with monetary policy and financial regulation, not directly with TERC.
  •  Vice Chairman of NITI Aayog: The Vice Chairman provides policy inputs but does not head TERC.

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