Question

As per the reports in the financial newspapers, CCEA cleared many FDI proposals recently. What is the full ofrm of CCEA?

• A. Cabinet Committee on Economic Affairs
• B. Congress Committee on Economic Affairs
• C. Cabinet Committee on Emergency Accounts
• D. Clearance Committee on Export Accounts

Answer 1

Answer: (A)

Cabinet Committee on Economic Affairs

Economic Affairs (CCEA) is to review:

1) economic trends on a continuous basis

2) to solve the problems and prospects of the economy

3) to make the economic policy of the country.

4) It also directs and coordinates all policies and activities in the economic field including foreign investment that require policy decisions at the highest level.

The Cabinet Committee on Economic Affairs (CCEA) has been constituted with the Prime Minister, as Chairman.