Question
Under PMKVY, what is the maximum monetary reward a
trainee can receive upon successful certification? Please read passage and the answer the following questions ( Q no 23 to 26) based on the passage. Skilling in India is a critical aspect of the country's economic development, particularly in the context of its vast and diverse workforce. As India aspires to become a global economic powerhouse, the importance of skill development cannot be overstated. The country faces a unique challenge: while it has a large pool of young, dynamic individuals, a significant portion of the workforce lacks the necessary skills to meet the demands of a rapidly changing job market. Therefore, enhancing skills is essential for fostering economic growth, reducing unemployment, and promoting social inclusion. One of the primary objectives of skilling initiatives in India is to enhance the employability of its youth. With a burgeoning population, particularly among young people, it is crucial to equip them with the skills required by various industries. Skill development programs aim to bridge the gap between education and employment by providing practical training and hands-on experience. This not only increases the chances of securing jobs but also helps individuals pursue entrepreneurial opportunities. Skilling is integral to driving economic growth in India. A skilled workforce is more productive and efficient, which can lead to higher outputs and better quality products and services. As industries become more competitive, having a workforce equipped with the latest skills and technologies is vital. Investments in skill development can thus boost the overall productivity of the economy, contributing to GDP growth and attracting foreign investment.Solution
Trainees under PMKVY can receive a monetary reward of up to ₹10,000 upon successful certification, depending on the job role and skill level.
In an examination, Ankita scored 58%, Namita scored 88%, and Minakshi scored 642 marks. Ankita's marks were 522. What is the average marks scored by all...
A person spent 22% of his monthly income on food and 77% of the remaining on rent. If amount spent on rent is Rs 600.6, then find the amount spent on fo...
Rahul saves Rs. 7200 more if he spends 65% of his income instead of 85%. Find the savings of Sumit whose income is 25% more than that of Rahul, and spen...
- The revenue of a company grows by 15% each year. If the current revenue is ₹2,00,000, what will be the revenue after 2 years?
Two numbers are less than a third number by 25% and 31% respectively. Find the percent by which the second number is less than the first.
The sum of the earnings of 'D' and 'E' is Rs. 2,20,000. 'D' uses 75% of his income, while 'E' uses 65% of hers, so that 'E's savings are Rs. 17,000 more...
The amount (in Rs) received at 10% per annum compound interest after 3 yrs is Rs 1,19,790. What was the principal?
The respective ratio of monthly income of A to monthly income of B is 8:9, and A’s saving is (100/9)% more than B’s saving. Find the expenditure of ...
- Price of rice is increased by 25%. Find the percentage by which consumption must be decreased so that expenditure on rice remains unchanged.
- Among 1080 students in an institute, the ratio of boys to girls is 6:3. If 10% of boys and 20% of girls failed their exams, calculate the number of failed ...
