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    Question

    What is the primary objective of the partnership between

    the Indian Institute of Management Indore and the National Skill Development Corporation (NSDC)?
    A To establish a for-profit company for skill development Correct Answer Incorrect Answer
    B To provide training only to urban communities and large enterprises Correct Answer Incorrect Answer
    C To focus exclusively on leadership development for corporate professionals Correct Answer Incorrect Answer
    D To foster excellence and innovation in skill development and entrepreneurship Correct Answer Incorrect Answer
    E To promote micro, small, and medium enterprises (MSMEs) in urban areas Correct Answer Incorrect Answer

    Solution

    In a stride towards advancing the landscape of skill development and entrepreneurship in India, Indian Institute of Management Indore has entered into a partnership with the National Skill Development Corporation (NSDC). The collaboration signifies a commitment to foster excellence and innovation in these critical domains. This collaboration is set to create a unique social impact model backed by pioneering projects that employ innovative approaches. These initiatives will provide professional support to underserved regions, communities, individuals and micro, small and medium enterprises (MSMEs), thereby nurturing a skilled ecosystem primed for market success. The collaboration also strongly emphasises strengthening the rural economy through training programmes covering market linkages, marketing, export promotion, leadership and entrepreneurial orientation, especially for tribal women. About NSDC National Skill Development Corporation is a not-for-profit public limited company incorporated on July 31, 2008, under section 25 of the Companies Act, 1956. NSDC was set up by Ministry of Finance as Public Private Partnership model.

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