Current Affairs Question - 27 March 2019

Consider the following statements about Small Farmer’s Agribusiness Consortium (SFAC):

1. The SFAC is an autonomous body that is promoted by the Department for Promotion of Industry and Internal Trade.
2. e-NAM portal is implemented by the SFAC.
3. The role of State SFACs is to aggressively promote agribusiness project development in their respective states.

Choose the incorrect statement(s) from the code given below:

Consider the following statements about Financial Intelligence Unit - India (FIU-IND):

1. It is a central regulatory authority responsible for the analysis and processing of the data related to suspected financial transactions done across India and outside India.
2. It acts as central repository for the data base on cash transactions and suspicious transactions.

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Consider the following statements vis-à-vis Financial Intelligence Unit - India (FIU-IND):

1. FIU-IND works under the aegis of NITI Aayog.
2. CEO Niti Aayog acts as its Director.
3. FIU-IND is an independent body reporting directly to the Economic Intelligence Council.

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Consider the following statements about Economic Intelligence Council (EIC):

1. Director of the Intelligence Bureau (IB) and the Director General of Foreign Trade are special invitees to EIC.
2. Notable absentees of EIC are RBI Governor and SEBI Chairman.
3. It is headed by the Union Finance Minister.

Choose the incorrect statement from the code given below:

Consider the following statements vis-à-vis National Skill Development Corporation (NSDC):

1. National Skill Development Corporation is a not-for-profit public limited set up by the Ministry of Skill Development as Public Private Partnership (PPP) model.

2. National Skill Development Fund (NSDF) was set up by Ministry of Finance for implementing coordinated action for skill development.

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