Q28. Consider the following statements with reference to National Skill Development Corporation, (NSDC):
1. It aims to promote skill development by catalyzing creation of large, quality, for-profit vocational institutions
2. NSDC is a not-for-profit company set up by the Ministry of Finance
Which of the above statement(s) is/are correct?
Q28. Consider the following statements with reference to National Skill Development Corporation, (NSDC):
1. It aims to promote skill development by catalyzing creation of large, quality, for-profit vocational institutions
2. NSDC is a not-for-profit company set up by the Ministry of Finance
Which of the above statement(s) is/are correct?
The correct option is C (c) Both 1 and 2
The National Skill Development Corporation, (NSDC) is a one of its kind, Public Private Partnership in India, under the Ministry of Skill Development & Entrepreneurship.
It aims to promote skill development by catalyzing creation of large, quality, for-profit vocational institutions.
NSDC is a not-for-profit company set up by the Ministry of Finance, under Section 25 of the Companies Act.
It has an equity base of Rs. 10 crore, of which the Government of India holds for 49%, while the private sector has the balance 51%
(c) Both 1 and 2
The National Skill Development Corporation, (NSDC) is a one of its kind, Public Private Partnership in India, under the Ministry of Skill Development & Entrepreneurship.
It aims to promote skill development by catalyzing creation of large, quality, for-profit vocational institutions.
NSDC is a not-for-profit company set up by the Ministry of Finance, under Section 25 of the Companies Act.
It has an equity base of Rs. 10 crore, of which the Government of India holds for 49%, while the private sector has the balance 51%
