Multiple Choice Questions on Which of the following are statutory bodies 1 Khadi and Village Industries Commission 2 Agriculture ........... for CDS Exam Preparation

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    Which of the following are statutory bodies?

    1. Khadi and Village Industries Commission

    2. Agriculture and Processed Food Products Export Development Authority

    3. Financial Stability and Development Council

    4. National Council for Transgender Persons

    5. Central Drugs Standard Control Organisation

    Select the correct answer using the code given below. 

    1 and 2 only 

    Incorrect Answer

    1, 2, 4 and 5 only 

    Correct Answer

    3 and 5 only

    Incorrect Answer

    1, 2, 3, 4 and 5

    Incorrect Answer
    Explanation:

    ? Khadi and Village Industries Commission (KVIC): ? o The KVIC is a statutory body formed in April 1957 by the Government of India, under the Act of Parliament, 'Khadi and Village Industries Commission Act of 1956'. It is an apex organization under the Ministry of Micro, Small and Medium Enterprises, with regard to khadi and village industries within India, which seeks to - "plan, promote, facilitate, organize and assist in the establishment and development of khadi and village industries in the rural areas in coordination with other agencies engaged in rural development wherever necessary." ? Agricultural and Processed Food Products Export Development Authority (APEDA): ? o The APEDA was established by the Government of India under the Agricultural and Processed Food Products Export Development Authority Act passed by the Parliament in December 1985. The Authority replaced the Processed Food Export Promotion Council (PFEPC). It is a Statutory Body under the Ministry of Commerce and Industry.APEDA is responsible for the export promotion of fresh vegetables and fruits. It provides the crucial interface between farmers, storehouses, packers, exporters, surface transport, ports, Railways, Airways, all others engaged in export trade, and finally to the international market. Directly or indirectly, it offers services that support farmers and exporters from different states in the country. It bridges the gap between agricultural and processed food producers to reach the exporters in international markets. ? Financial Stability and Development Council (FSDC):

    ?
    o With a view to strengthening and institutionalizing the mechanism for maintaining
    financial stability, enhancing inter-regulatory coordination, and promoting financial
    sector development, the Financial Stability and Development Council (FSDC) was
    set up by the Government as the apex level forum in December 2010.
    The Chairman of the Council is the Finance Minister and its members include
    the heads of financial sector Regulators (RBI, SEBI, PFRDA, IRDA & FMC)
    Finance Secretary and/or Secretary, Department of Economic Affairs, Secretary,
    Department of Financial Services, and Chief Economic Adviser. The Council can
    invite experts to its meeting if required. It is not a Statutory Body.
    ? National Council for Transgender Persons (NCTP):
    ?
    o The NTCP is the statutory body of the Government of India, generally concerned with advising the government on all policy matters affecting transgender, Intersex persons, and people with diverse GIESC (Gender identity/expression and sex characteristics) identities. It was established in 2020 under the provisions of the Transgender Persons (Protection of Rights) Act, 2019.NCTP is led by the Minister of Social Justice and Empowerment. The council is composed of four representatives of the transgender community and one from the Intersex community, one each from five different regions: the north, south, east, west, and northeast.
    ? Central Drugs Standard Control Organisation(CDSCO):
    ?
    o The CDSCO under Directorate General of Health Services, Ministry of Health & Family Welfare, Government of India is the National Regulatory Authority (NRA) of India. CDSCO is a statutory body. The Drugs & Cosmetics Act,1940 and rules 1945 have entrusted various responsibilities to central & state regulators for regulation of drugs & cosmetics. It envisages uniform implementation of the provisions of the Act & Rules made thereunder for ensuring the safety, rights, and well-being of the patients by regulating the drugs and cosmetics.
    o Under the Drugs and Cosmetics Act, CDSCO is responsible for approval of Drugs, Conduct of Clinical Trials, laying down the standards for Drugs, control over the quality of imported drugs in the country, and coordination of the activities of State Drug Control Organizations by providing expert advice with a view of bringing about the uniformity in the enforcement of the Drugs and Cosmetics Act. Further CDSCO along with state regulators, is jointly responsible for the grant of licenses of certain specialized categories of critical Drugs such as blood and blood products, I. V. Fluids, Vaccine, and Sera. Hence option (b) is the correct answer.


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