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    Question

    Which institution provided loan assistance to the

    Ministry of Skill Development for the SANKALP program, aimed at improving skill training and market connectivity?
    A World Bank (WB) Correct Answer Incorrect Answer
    B Asian Development Bank (ADB) Correct Answer Incorrect Answer
    C Reserve Bank of India (RBI) Correct Answer Incorrect Answer
    D International Finance Corporation (IFC) Correct Answer Incorrect Answer
    E International Monetary Fund (IMF) Correct Answer Incorrect Answer

    Solution

    Skill Acquisition and Knowledge Awareness for Livelihood Promotion (“SANKALP”) is a programme of the Ministry of Skill Development with loan assistance from the World Bank. It aims to improve short term skill training qualitatively and quantitatively through strengthening institutions, bring in better market connectivity and inclusion of marginalised sections of the society. SANKALP was launched on 19th January 2018 and has a tenure till March 2023.

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