Previous year MCQs

Current Affairs UPPSC 2010 GS-I
Question

National Renewal Fund was constituted for the purpose of

Answer & Solution

Answer: (Detailed Solution Below)

Option D: restructuring & modernization of industries.

Detailed Solution:

The correct answer is “restructuring & modernization of industries.”.
The National Renewal Fund (NRF), was set up in February 1992. It aims to provide a social safety net to protect the workers in industrial enterprises from possible adverse consequences of the new economic policy.

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