How many compliances has the Jan Vishwas Act rationalised, as stated at the meeting?
- A.4,000
- B.14,000
- C.40,000
- D.400,000
Correct answer
Explanation
The correct answer is 40,000. The chairman of the board cited the Jan Vishwas Act as a reform that has rationalised that many compliances, and placed it alongside the ease of doing business measures and the creation of state level traders' welfare boards as the main steps taken for the trading community. The other three options are figures of a similar shape, offered to test whether the number has been memorised exactly rather than approximately, and none of them was mentioned. A related figure worth holding on to from the same meeting is that DigiDukaan, an initiative of the open network for digital commerce, has more than nineteen thousand retailers live in Hyderabad and Jaipur, while the board also asked for a single loan portal that would decide applications within a month.
Read the full article: 11th National Traders Welfare Board Meeting Held in New Delhi
Practice Questions
Where was the 11th meeting of the National Traders' Welfare Board held?
- A.Udyog Bhawan, New Delhi
- B.Vanijya Bhawan, New Delhi
- C.Vigyan Bhawan, New Delhi
- D.Krishi Bhawan, New Delhi
Show answer
The board functions under the Department for Promotion of Industry and Internal Trade of that ministry, so its meeting place follows naturally.
Read the full explanation →From which date is the Consumer Protection (Amendment) Bill 2026 proposed to come into effect?
- A.1 April 2027
- B.1 January 2027
- C.1 October 2026
- D.1 January 2028
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Members of the board were told about forthcoming reforms, and among them was this bill, which is proposed to take effect from the first day of that year and is aimed at making life easier for consumers and for those who deal with them.
Read the full explanation →What was the theme of the 14th India Chem 2026 held in Mumbai?
- A.Advantage Bharat: An Emerging Global Chemicals Hub
- B.Chemicals for a Viksit Bharat
- C.Green Chemistry, Green Growth
- D.Make in India, Mix in India
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The 14th edition of India Chem was organised in Mumbai from 22 to 24 October 2026 as a three-day event aimed at drawing investment and promoting sustainable growth in chemicals and petrochemicals.
Read the full explanation →Which of the following is NOT one of India's three operational Petroleum, Chemicals and Petrochemicals Investment Regions?
- A.Dahej in Gujarat
- B.Paradeep in Odisha
- C.Visakhapatnam-Kakinada in Andhra Pradesh
- D.Haldia in West Bengal
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India has three operational PCPIRs: Dahej in Gujarat, Visakhapatnam-Kakinada in Andhra Pradesh and Paradeep in Odisha. Haldia is not among them, so option D is the exception.
Read the full explanation →What is the total financial outlay of the BHAVYA Rasayan scheme for dedicated chemical parks?
- A.Rs 1,000 crore
- B.Rs 3,030 crore
- C.Rs 5,000 crore
- D.Rs 30,000 crore
Show answer
The Bharat Audyogik Vikas Yojana Rasayan scheme, approved in July 2026, carries that total outlay, of which Rs 3,000 crore is earmarked for common infrastructure and basic utilities and Rs 30 crore for administrative expenditure.
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