सामयिक विषय: Commission & Committee

Meeting of the Consultative Committee for Ministry of Petroleum & Natural Gas on “Digital Modes of Payment - Promotion of cashless transactions” held

Meeting of the Consultative Committee for Ministry of Petroleum & Natural Gas

Question: At which of the following places the meeting of the MPs of the Advisory Committee of the Ministry of Petroleum and Natural Gas held recently?
(a) Bangalore
(b) Jaipur
(c) Ahmedabad
(d) Srinagar
Answer- (d)
Related facts:

  • On April 21st, 2017, meeting of the Consultative Committee of the Members of Parliament for the Ministry of Petroleum & Natural Gas was held in Srinagar.
  • The theme of the meeting was “Digital Modes of Payment – Promotion of cashless transactions”.
  • A Power Point Presentation was made during the meeting.
  • An official informed that-
  • 38,128 ROs (retail centers) are with POS (Point of Sale) and more than 86% of ROs have digital infrastructure in present.
  • Over 35,000 consumer awareness campaigns have been organized in the country, in all major regional languages.
  • With the aim to promote digital transactions by consumers OMCs are giving 0.75% discount to the customers on purchase of fuel through cashless mode.
  • Over 72,000 e wallets have also been activated.
  • The daily cashless transactions have increased from Rs 150 Cr per day to Rs 400 Cr per day.
  • Swachh Petrol Pump App is an initiative where citizens can give feedback on the status of toilets at fuel stations.


Government constitutes an Inter- Disciplinary Committee chaired by Special Secretary (Economic Affairs) to examine the existing framework with regard to Virtual Currencies.

Committee for the investigation of virtual currency

Question- Recently, under whose chairmanship the central government has constituted an inter-disciplinary committee to look into the existing structure of virtual or apparent currencies?
(a) President, SEBI
(b) Governor, RBI
(c) Special Secretary, Economic Affairs
(d) Chairman, CBDT
Ans :(c)
Related facts

  • On April 12, 2017, the Central Government has constituted an inter-disciplinary committee under the chairmanship of Special Secretary, Economic Affairs to look into the existing framework of virtual or apparent currencies.
  • It is represented by the Department of Economic Affairs, Department of Financial Services, Department of Revenue (CBDT), Home Ministry, Ministry of Electronics and Information Technology, Reserve Bank of India, Policy Commission and State Bank of India.
  • The committee will complete the following tasks-
    (I) Take stock of the current situation of virtual (apparent) currencies in the country and abroad.
    (II) Will look into the existing global regulatory and legal structures related to virtual currencies.
    (III) Suggestions for dealing with such types of virtual currencies, including issues related to consumer protection, money laundering etc.
    (IV) Any issue related to virtual currencies will be considered if it be relevant.
  • The committee will submit its report to the government within three months.
  • Significantly, the operation of virtual or apparent currencies, called digital / crypto currency, is a matter of concern.
  • Concerns about these currencies has been raised from time to time on various forums.
  • The Reserve Bank of India has also warned about the potential financial, operational, legal, consumer protection and security risks associated with the use of virtual currencies, including the Bitcoins, holders and traders.

Related Links:-

High Level Committee to examine working of regulatory bodies for AYUSH

High Level Committee to examine working of regulatory bodies for AYUSH

Question: Central Council of Indian Medicine is a regulatory body for monitoring the quality of…. medical education.
(b) Allopathy
(c) Surgery
(d) None of the above.
Ans: (a)

  • In reply to a question in Rajya Sabha, Minister of State (Independent Charge) for AYUSH, Shri Shripad Yesso Naik informed the House on 21st March, 2017, that a Committee has been set up to examine the working of the regulatory bodies namely, Central Council of Indian Medicine (CCIM) and Central Council of Homoeopathy(CCH) and their governing legislations namely, Indian Medicine Central Council Act 1970 and Homoeopathy Central Council Act 1973 respectively, for suggesting suitable reforms.
  • The Committee is working under the Chairmanship of Vice Chairman, NITI Aayog. Its members are Additional Principal Secretary to Prime Minister, Chief Executive Officer (CEO), NITI Aayog and Secretary, Ministry of AYUSH.
  • Modern medical education is regulated through central regulatory body namely, Medical Council of India (MCI) set up under the provisions of Indian Medical Council (IMC) Act, 1956 through its subordinate regulations.
  • Central Council of Indian Medicine (CCIM) and Central Council of Homoeopathy (CCH) set up as per the provisions of Indian Medicine Central Council Act, 1970 and Homoeopathy Central Council Act, 1973 respectively are two regulatory bodies for AYUSH medical education.


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