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Question

On which of the following philosophy based pillars NSDC's unique model is created?
1. Create: Proactively catalyse creation of large, quality vocational training institutions.
2. Fund: Reduce risk by providing patient capital including grants and equity.
3. Enable: The creation and sustainability of support systems required for skill development. This includes the Industry led Sector Skill Councils.
Select the correct answer from the options given below -

A
1
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B
2
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C
3
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D
All of the above
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Solution

The correct option is D All of the above
NSDC's unique model is created based on the followIng philosophy:
1. Create: Proactively catalyze creation of large, quality vocational training institutions.
2. Fund: Reduce risk by providing patient capital including grants and equity.
3. Enable: The creation and sustainability of support systems required for skill development. This includes the Industry led Sector Skill Councils.
The National Skill Development Corporation India (NSDC) was setup as a one of its kind, Public Private Partnership Company with the primary mandate of catalyzing the skills landscape in India.
Over 5.2 million students are trained by NSDC. The main objective of the NSDC is to upgrade skill to international standards through significant industry involvement and develop necessary frameworks for standards, curriculum and quality assurance.


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