Question
Which of the following Statements about the National
Council for Vocational Education and Training (NCVET) is/are True? I- It comes under the Ministry of Education. II- It has overtaken existing skill regulatory bodies- National Skill Development Agency (NSDA) & National Council for Vocational Training (NCVT). III- It will regulate the functioning of entities engaged in vocational education and training, both long & short-term, and establish minimum standards for the functioning of such entities.Solution
The National Council for Vocational Education and Training (NCVET) was notified by MSDE on 5th December 2018. NCVET will subsume the existing skill regulatory bodies- National Skill Development Agency (NSDA) & National Council for Vocational Training (NCVT) and will act as an overarching skills regulator. It was operationalized on 04.11.2019 through the assumption of additional charge by Secretary, MSDE and Senior Economic Advisor, MSDE as Chairperson, NCVET and Executive Member, NCVET respectively. The NCVET will regulate the functioning of entities engaged in vocational education and training, both long & short-term, and establish minimum standards for the functioning of such entities. The major functions of NCVET would be recognition and regulation of Awarding Bodies, Assessment Agencies, and Skill related Information Providers; approval of Qualifications; monitoring and supervision of recognized entities and grievance redressal.
- A trader purchased a gadget and sold it at a profit of 30%. If he had sold it at a profit of 18%, his profit would have decreased by Rs.180. What was the c...
The cost price of an article is Rs. 5500 and a shopkeeper wants to earn 16% profit on it after giving 20% discount on marked price. Find the marked pric...
A trader buys some goods for Rs 150. If the overhead expenses be 12% of cost price, then at what price should it be sold to earn 10% profit ?
- A merchant offers a 20% discount to his customers on the marked price of a product. He still manages to make a profit of 60%. If the profit earned is Rs. 1...
- A shopkeeper tagged a gadget for Rs. 500 and sold it after allowing successive discounts of 10% and 25%. If his overall profit was Rs. 35, what was the cos...
Tina is 50% more efficient than Rina, and Mina is 30% more efficient than Tina. If Mina and Tina together can do a piece of work in 12 days, in how many...
X purchased a laptop for Rs. 27,800 and later sold it for Rs. 31,692. What is the percentage of profit he made on this transaction?
The ratio of the cost price to the marked price of an article is 2:5 and the ratio of the profit percentage to the discount percentage is 5:2. Find the...
A man earns a profit of 10 percent by selling a mobile for a certain price. If he sells that mobile at double the price, then what will be the profit p...
- A shopkeeper marked a product 35% above its cost price. If the marked price is Rs. 10,800 and a discount of 25% is given, calculate the profit earned (in R...
