Which one of the following is the objective of National Renewal Fund? (a) To safeguard the interests
Which one of the following is the objective of National Renewal Fund?
(a) To safeguard the interests of workers who may be affected by technological upgradation of industry or closure of sick units
(b) To develop the core sector of the economy
(c) For the development of infrastructure such as energy, transport communications and irrigation
(d) For human resource development such as full literacy, employment population control, housing and drinking water
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(a) The concept of the National Renewal Fund was announced by the Government as a part of the New Industrial Policy, 1991. The Government established the National Renewal Fund (NRF) by a Government of India resolution on 3rd February , 1992.
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