Question : What is the purpose of the National Skill Development Corporation (NSDC) in India?
Option 1: To provide financial assistance for higher education
Option 2: To facilitate skill training and development across various sectors
Option 3: To regulate the labor market and enforce employment laws
Option 4: To promote foreign direct investment in the manufacturing sector
Correct Answer: To facilitate skill training and development across various sectors
Solution : The correct answer is (b) To facilitate skill training and development across various sectors.
The NSDC is a public-private partnership organization that was set up to catalyze skill development efforts in India. It operates under the Ministry of Skill Development and Entrepreneurship (MSDE) and aims to bridge the gap between the demand and supply of skilled manpower in the country.
The NSDC focuses on promoting skill development initiatives by providing financial assistance, creating training infrastructure, developing industry-relevant curriculum, and implementing skill development programs. It works with various training partners, industry associations, and institutions to design and deliver skill training programs that align with industry requirements and enhance employability.
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