Question
Which of the following statements correctly describes
the role of the National Skill Development Corporation (NSDC) in the Skill India Mission? Read the following passage and answer the Questions (Q no. 11 to 14) based on the passage. The importance of skilling in India cannot be overstated, as the country stands at a critical juncture in its economic development. With a large and growing young population, India possesses a demographic advantage, often referred to as a "demographic dividend." However, to fully capitalize on this potential, it is essential to equip the workforce with the necessary skills to meet the demands of a rapidly changing economy. Skilling plays a vital role in enhancing employability, driving economic growth, and ensuring social mobility. One of the key reasons skilling is so important in India is the mismatch between the skills of the labor force and the needs of the industry. While India produces millions of graduates every year, many of them lack the technical and vocational skills required by industries such as manufacturing, information technology, healthcare, and other high-growth sectors. This skills gap results in high levels of unemployment or underemployment, even as industries face labor shortages. By focusing on skill development, India can bridge this gap and create a workforce that is better equipped to take on modern jobs, improving productivity and competitiveness. Moreover, skilling is crucial for India's transition from an agrarian economy to a more diversified and knowledge-based economy. Agriculture still employs a large portion of the population, but as the economy grows and modernizes, there is an increasing need for workers in sectors such as services, technology, and manufacturing. Equipping workers with skills in areas such as digital literacy, automation, data science, and artificial intelligence can help them transition to these new sectors, ensuring that they remain relevant in the evolving job market.Solution
It is a private sector-led organization that promotes skill development through partnerships with training providers and industries.
Because the average consumer operates in a complex environment, the human brain attempts to organize and interpret information with a process called:
Value-pricing is:
When a bank withdraws support for an outdated product but continues limited sales to extract profit, it follows:
If a bank reduces loan approval time to outperform competitors, it is competing primarily on:
On your way into school today, you stopped by Urban Buy and pack of lays to pick up a pack of lays for an energy pickup. Urban Buy is an example of a(n)...
Launching an unrelated product under an existing brand name may lead to:
Which of the following best represents the “Core Product” in a term deposit account?
All of the following are critical components of a cohesive marketing program, except:
A company that experiences truncated future growth when launching a new product, may have failed to initially engage in:
The pairing of two brand names of two manufacturers on a single product is called:
