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The Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman, interacted with interns from the Prime Minister Internship Scheme (PMIS) in New Delhi. The PMIS was designed to bridge the gap between fresh graduates being workplace-ready and their actual skills. The scheme enables youth to pursue internship opportunities in areas of interest and provides hands-on industry experience.
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The Apprenticeship Act, 1961, which was amended in 2014 to provide for the apprenticeship of 25% of the total workforce in the country.
Mains Practice Question
Critically examine the role of the Ministry of Finance and Corporate Affairs in bridging the gap between fresh graduates' skills and industry requirements.
250 words
Practice this in the exam hall →Prelims Practice MCQs
The Prime Minister Internship Scheme (PMIS) was designed after consultations with which entity?
The PMIS was designed after extensive consultations with industry, to bridge the gap between fresh graduates' skills and industry requirements.
How many interns participated in the interaction with the Hon'ble Minister?
86 interns participated in the interaction with the Hon'ble Minister, according to the fact list.
Consider the following statements regarding Number of Interns Participating in PMIS: 1. The PMIS has 86 interns participating in it. 2. The PMIS has over 100 interns participating in it. 3. The PMIS has 50 interns participating in it. How many of the above statements are correct?
Statement 1 is correct because the fact list mentions that 86 interns participated in the interaction with the Hon'ble Minister. Statement 2 is incorrect because it contradicts the fact list. Statement 3 is incorrect because it is less than the correct number mentioned in the fact list.
Consider the following two statements: Statement-I: The PMIS enables youth to pursue internship opportunities in areas of interest. Statement-II: This is because the PMIS is designed to bridge the gap between fresh graduates being workplace-ready and their actual skills. Which one of the following is correct in respect of the above statements?
Statement 1 is correct because the fact list mentions that the PMIS enables youth to pursue internship opportunities in areas of interest. Statement 2 is correct because it explains why the PMIS is designed to enable youth to pursue internship opportunities in areas of interest, which is to bridge the gap between fresh graduates being workplace-ready and their actual skills.