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UPSC 2002: Consider the following statements: The objectives of the National Renewal Fund set up in February 1992 were 1. to give training and counselling for workers affected by retrenchment or VRS. 2. redeployment of workers Which of these statements is/are correct?
(a)Neither 1 nor 2
(b)Both 1 and 2
(c)1 only
(d)2 only
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Not attemptedCorrect Answer: (b) Both 1 and 2
The National Renewal Fund was created to provide (i) training & counselling to workers facing retrenchment/VRS and (ii) funds for their redeployment; therefore both statements 1 and 2 are correct. Options (c) and (d) ignore one objective, while (a) rejects both. ([pubadmin.institute](https://pubadmin.institute/human-resource-management/redeployment-india-vrs-nrf-insights?utm_source=openai))
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Frequently Asked Questions
What is the correct answer to this UPSC 2002 Indian Economy question?▼
The correct answer is option (b): Both 1 and 2. Watch the detailed video explanation in our Sherlocking Prelims course on UnlockIAS.
Which year was this Human Development, Poverty & Employment Schemes question asked in UPSC Prelims?▼
This question was asked in UPSC CSE Prelims 2002, GS Paper 1, as Question 45. It falls under Indian Economy > Human Development, Poverty & Employment Schemes.
What is the difficulty level of this UPSC question?▼
This question is rated "moderate". It requires sound conceptual understanding of the topic.
How many UPSC Prelims questions have been asked from Human Development, Poverty & Employment Schemes?▼
UPSC has asked 61 questions from Human Development, Poverty & Employment Schemes (under Indian Economy) across multiple years. Visit the topic page to see the full list and year-wise trends.