Home PYQs UPPSC UPPSC MCQs Prelims 2010 (GS Paper I)

Question

National Renewal Fund was constituted for the purpose of

  1. providing pension for retiring employees
  2. social security
  3. rural reconstruction
  4. restructuring & modernization of industries.

Answer:

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.