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    Question

    With reference to Pradhan Mantri Kaushal Vikas Yojana,

    consider the following statements? 1.    It is the flagship scheme of the Ministry of Labour and Employment. 2.    It will also provide training in soft skills, entrepreneurship, and financial and digital literacy, among other things. 3.    It aims to align the competencies of the country's unregulated workforce with the National Skill Qualification Framework. Which of the above statements is/are correct?
    A Only 1 and 3 Correct Answer Incorrect Answer
    B Only 2 Correct Answer Incorrect Answer
    C Only 2 and 3 Correct Answer Incorrect Answer
    D 1, 2 and 3 Correct Answer Incorrect Answer

    Solution

    Explanation: Under the Skill India Mission, the Ministry of Skill Development and Entrepreneurship is implementing its flagship scheme Pradhan Mantri Kaushal Vikas Yojana (PMKVY) to impart skill development training to prospective youth of the country. Since the inception of PMKVY i.e. 2015, as of 31.12.2021, 4.22 lakh candidates have been trained. Ministry does not maintain a database of candidates who have not continued the jobs after being placed. Further, under PMKVY 3.0, in order to enhance the retention of trainees on employment, training centres are incentivized @ Rs. 3000 per trainee post 12 months of trainee retention on employment.

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