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EconomyMedium

Which department convened the Bharat Commerce Chintan Shivir along with ONDC?

  1. A.Department of Consumer Affairs
  2. B.Department of Revenue
  3. C.Department for Promotion of Industry and Internal Trade
  4. D.Department of Food and Public Distribution

Correct answer

C. Department for Promotion of Industry and Internal Trade

Explanation

The correct answer is the Department for Promotion of Industry and Internal Trade, known as DPIIT. It convened the Bharat Commerce Chintan Shivir with the Open Network for Digital Commerce at Vanijya Bhawan in New Delhi, and the roundtable was chaired by Union Minister of Commerce and Industry Piyush Goyal. DPIIT Secretary Amardeep Singh Bhatia told the gathering that open digital infrastructure has a critical role in digitalising India's retail ecosystem, particularly its vast network of kirana stores, and that an open, interoperable network can let neighbourhood retailers take part in the digital economy. Options A, B and D name other departments of the Union government; none of them convened this roundtable or steers the general trade digitisation effort described here. Both DPIIT and the Open Network for Digital Commerce work under the Ministry of Commerce and Industry, which is why the Commerce and Industry Minister chaired the meeting.

Read the full article: DigiDukaan Links 21,000 Kirana Retailers to 450 Brands

Q1.EconomyEasy

Which open network runs the DigiDukaan initiative that digitises kirana stores as buyers?

  1. A.Open Network for Digital Commerce (ONDC)
  2. B.Government e-Marketplace (GeM)
  3. C.National Payments Corporation of India
  4. D.Open Credit Enablement Network
Show answer
Correct answer: A. Open Network for Digital Commerce (ONDC)

DigiDukaan is ONDC's effort to build digital infrastructure for India's general trade in retail by digitising kirana shops as buyers, while strengthening rather than replacing the existing distributor network.

Q2.EconomyMedium

How many retailers and brands had ONDC DigiDukaan connected, as reported at the Bharat Commerce Chintan Shivir?

  1. A.Over 12,000 retailers with more than 300 brands
  2. B.Over 21,000 retailers with more than 450 brands
  3. C.Over 45,000 retailers with more than 800 brands
  4. D.Over 16,000 retailers with more than 250 brands
Show answer
Correct answer: B. Over 21,000 retailers with more than 450 brands

That is the reach of DigiDukaan across Hyderabad, Jaipur and Mumbai, and it marks a rise from over 12,000 retailers in the previous quarter.

Q3.EconomyHard

Under current policies, NITI Aayog projects India's coal demand by 2050 at what level?

  1. A.Over 1.5 billion tonnes
  2. B.Over 2.6 billion tonnes
  3. C.Over 3.4 billion tonnes
  4. D.Over 4.2 billion tonnes
Show answer
Correct answer: B. Over 2.6 billion tonnes

The projection quoted at the consultation shows demand rising from about 1.25 billion tonnes in 2025 to more than 2.6 billion tonnes by 2050 if present policies continue, and staying above 1.8 billion tonnes even along a net zero path, because steel, cement and power, the three largest consumers, are…

Q5.EconomyMedium

Of the commercial coal mines allotted since 2020, how many are producing, according to the Ministry of Coal?

  1. A.25 of 137
  2. B.37 of 125
  3. C.52 of 137
  4. D.25 of 90
Show answer
Correct answer: A. 25 of 137

The ministry said at its consultation in Goa that of the commercial mines allotted since the reform framework came in, only a small fraction has reached production, and the Coal Secretary described an allotted but idle block as capacity the country has set aside yet cannot use.