{"id":50283,"date":"2024-04-15T23:08:04","date_gmt":"2024-04-15T23:08:04","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=50283"},"modified":"2024-04-15T23:08:04","modified_gmt":"2024-04-15T23:08:04","slug":"on-2nd-june-2015-a-conference-on-make-in-india-indigenisation-of-currency-was-organised-by-the-department-of-economic-affairs-ministry-of-finance-government-of-india-who-inaugurated-the-conference","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/on-2nd-june-2015-a-conference-on-make-in-india-indigenisation-of-currency-was-organised-by-the-department-of-economic-affairs-ministry-of-finance-government-of-india-who-inaugurated-the-conference\/","title":{"rendered":"On 2nd June 2015 a Conference on Make in India Indigenisation of currency was organised by the department of Economic Affairs, Ministry of Finance, Government of India. Who inaugurated the Conference?"},"content":{"rendered":"<p>[amp_mcq option1=&#8221;Governor R.&#8221; option2=&#8221;I. B. Finance Minister&#8221; option3=&#8221;Prime Minister&#8221; option4=&#8221;Finance Secretary&#8221; correct=&#8221;option3&#8243;]<!--more--><\/p>\n<p>The correct answer is: <strong>C. Prime Minister<\/strong><\/p>\n<p>The Prime Minister of India, Narendra Modi, inaugurated the Conference on Make in India Indigenisation of currency on 2nd June 2015. The conference was organized by the department of Economic Affairs, Ministry of Finance, Government of India.<\/p>\n<p>The conference was attended by representatives from the government, industry, and academia. The objective of the conference was to discuss the challenges and opportunities in indigenizing the production of currency in India.<\/p>\n<p>The Prime Minister in his address to the conference emphasized the importance of indigenization of currency and its contribution to the Make in India initiative. He also highlighted the need for research and development in the field of currency production.<\/p>\n<p>The conference was a success and it provided a platform for stakeholders to discuss the issues related to indigenization of currency. The conference also helped to identify the areas where further research and development is required.<\/p>\n<p>Here is a brief explanation of each option:<\/p>\n<ul>\n<li>Option A: Governor R. B. I. &#8211; The Governor of the Reserve Bank of India is not responsible for the production of currency. The Reserve Bank of India is responsible for the management of the Indian currency, but it does not produce the currency. The currency is produced by the Security Printing and Minting Corporation of India (SPMCIL).<\/li>\n<li>Option B: Finance Minister &#8211; The Finance Minister is responsible for the Ministry of Finance, which is the ministry that is responsible for the production of currency. However, the Finance Minister does not have the authority to inaugurate a conference. The authority to inaugurate a conference lies with the Prime Minister.<\/li>\n<li>Option C: Prime Minister &#8211; The Prime Minister is the head of the government and he has the authority to inaugurate a conference. In this case, the Prime Minister inaugurated the Conference on Make in India Indigenisation of currency on 2nd June 2015.<\/li>\n<li>Option D: Finance Secretary &#8211; The Finance Secretary is the top civil servant in the Ministry of Finance. He is responsible for the day-to-day administration of the ministry. However, the Finance Secretary does not have the authority to inaugurate a conference. The authority to inaugurate a conference lies with the Prime Minister.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;Governor R.&#8221; option2=&#8221;I. B. Finance Minister&#8221; option3=&#8221;Prime Minister&#8221; option4=&#8221;Finance Secretary&#8221; correct=&#8221;option3&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[956],"tags":[],"class_list":["post-50283","post","type-post","status-publish","format-standard","hentry","category-world-organisations","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>On 2nd June 2015 a Conference on Make in India Indigenisation of currency was organised by the department of Economic Affairs, Ministry of Finance, Government of India. 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Who inaugurated the Conference?","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/on-2nd-june-2015-a-conference-on-make-in-india-indigenisation-of-currency-was-organised-by-the-department-of-economic-affairs-ministry-of-finance-government-of-india-who-inaugurated-the-conference\/","og_locale":"en_US","og_type":"article","og_title":"On 2nd June 2015 a Conference on Make in India Indigenisation of currency was organised by the department of Economic Affairs, Ministry of Finance, Government of India. Who inaugurated the Conference?","og_description":"[amp_mcq option1=&#8221;Governor R.&#8221; option2=&#8221;I. B. 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