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EconomyHard

In the NSDC skilling programme financed through the Social Stock Exchange, what share of the cost does the Government of Madhya Pradesh bear on successful placement of candidates abroad?

  1. A.15 per cent
  2. B.35 per cent
  3. C.50 per cent
  4. D.75 per cent

Correct answer

C. 50 per cent

Explanation

The correct answer is 50 per cent. The programme uses a blended financing structure with three parts: beneficiary participation meets 15 per cent of the cost, money raised on the Social Stock Exchange meets 35 per cent, and the Government of Madhya Pradesh provides the remaining 50 per cent once candidates are successfully placed in jobs abroad. Option A names the beneficiary share and option B the share mobilised on the exchange, so both are parts of the same structure rather than the state's share. Option D is simply not one of the three shares. This outcome-linked half is organised as a bilateral Social Impact Bond between NSDC and the state, which is what aligns public spending with measurable employment results. For revision, keep the three percentages in order, beneficiary, exchange and state, because an examiner will usually ask for one of them by name.

Read the full article: NSDC Debuts on NSE Social Stock Exchange with ZCZP Issue

Q2.EconomyEasy

The NSDC programme launched through the Social Stock Exchange prepares youth from Madhya Pradesh for employment in which two countries?

  1. A.Japan and Germany
  2. B.Japan and Australia
  3. C.Germany and Canada
  4. D.South Korea and Germany
Show answer
Correct answer: A. Japan and Germany

The programme will prepare 600 young people from economically weaker Other Backward Classes households in Madhya Pradesh for work abroad, with 300 of them readied for Japan and 300 for Germany through residential training in the Japanese and German languages together with employability training.

Q3.EconomyMedium

Who chaired the second quarter review of the Department of Posts held in New Delhi?

  1. A.Union Minister Jyotiraditya M. Scindia
  2. B.Minister of State Chandra Sekhar Pemmasani
  3. C.Secretary (Posts) Subrat Das
  4. D.Director General Postal Services Manisha Sinha
Show answer
Correct answer: A. Union Minister Jyotiraditya M. Scindia

The correct answer is Jyotiraditya M. Scindia, Union Minister of Communications and Development of North Eastern Region, who chaired the review and asked the department to sustain its growth through customer acquisition, service excellence, business diversification and faster digitalisation of services.