CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which organization has approved a $112 million loan to strengthen skills education and training through the establishment of the Assam Skill University?
A
Asian Development Bank
B
New Development Bank
C
Asian Infrastructure Investment Bank
D
World Bank
Explanation: 

Detailed explanation-1: -The Asian Development Bank has approved a $112 million loan to strengthen skills education and training through the establishment of the Assam Skill University.

Detailed explanation-2: -The Government of India and the Asian Development Bank (ADB) on 17th December 2021 signed a $112 million loan to set up a skill university in Assam that will strengthen industry-aligned and flexible skills education and training system in the state.

Detailed explanation-3: -The Mission started its functioning from January, 2017 as: An apex body of all skill initiatives in the state to achieve skilling target of 1.50 lakhs youths in a year. To provide quality skill training for gainful employment of educated unemployed youth. To encourage development of entrepreneurs in different sectors.

Detailed explanation-4: -The Government of Haryana, understanding the emphasis of the Government of India towards skill and entrepreneurship development launched India’s first Skill University in 2016. The University is being set up at village Dudhola in district Palwal.

There is 1 question to complete.