Question
The National Skills Development Corporation (NSDC) is a public-private partnership formed under India’s ______.
This question was previously asked in
RRB ALP/Technician 2018 CBT 2 Electronics Mechanic Question Paper (23-Jan-2019) (Shift 1)
The correct answer is
Ministry of Finance
- The National Skills Development Corporation (NSDC) is a public-private partnership formed under the Ministry of Finance of India.
- The National Skills Development Corporation (NSDC) is a not-for-profit public limited company established on 31 July, 2008 under Section 25 of the Companies Act, 1956.
- NSDC was set up by the Ministry of Finance as a Public Private Partnership (PPP) model.
- The objective of NSDC is to promote and foster skill development by catalysing the creation of large, quality and for-profit vocational institutions.
- The Public-Private Partnership (PPP) model is a long-term cooperative arrangement between two or more public and private sectors.
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