Concept:
The National Council for Teacher Education (NCTE) is a statutory body established under the National Council for Teacher Education Act, 1993. It regulates teacher education and prescribes minimum qualifications for teachers in India.
• Recognizes teacher education institutions.
• Prescribes minimum qualifications for school teachers.
• Maintains standards of teacher education across the country.
Step 1: Identify the role of NCTE.
NCTE is responsible for:
\[
\boxed{\text{Determining minimum educational and professional qualifications for teachers.}}
\]
It also lays down norms and standards for teacher education programmes.
Step 2: Differentiate the other organizations.
• NCERT -- Develops curriculum, textbooks and educational research.
• CBSE -- Conducts school examinations and affiliates schools.
• UGC -- Regulates higher education and universities.
• NCTE -- Determines teacher qualifications (Correct).
Step 3: Understand its importance.
To ensure quality education, every teacher must possess the qualifications prescribed by NCTE before being appointed in recognized schools.
Step 4: Final conclusion.
Therefore, the statutory body responsible is:
\[
\boxed{\text{National Council for Teacher Education (NCTE)}}
\]