PMKVY Scheme: Details - Budget & Economic Survey
Q. Which of the following statement / s is / are correct?
1. Pradhan Mantri Kaushal Vikas Yojana (PMKVY) will converge, coordinate, implement and monitor skilling activities across India and also be a vehicle to achieve the objectives of the National Policy for Skill Development and Entrepreneurship 2015.
2. In Skill Loan scheme, loans ranging from Rs 5,000-1.5 lakhs will be made available to 34 lakh youth of India seeking to attend skill development programmes over the next five years.- Published on 04 Aug 15a. Only 1
b. Only 2
c. Both 1 and 2
d. None of the above
ANSWER: Only 2
Pradhan Mantri Kaushal Vikas Yojana (PMKVY), the Ministry’s flagship, demand-driven, reward-based skill training scheme will incentivise skill training by providing financial rewards to candidates who successfully complete approved skill training programmes. Statement 1 is regarding National Skill Development Mission.