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GS Paper IUPSC Prelims 1999
Indian Economic Planning & Growth
Question No. 104Interactive Test Mode
00:00
+2-0.66

Q104. Which one of the following is the objective of National Renewal Fund?

Which one of the following is the objective of National Renewal Fund?

Select the correct option below (or cross out options to eliminate)
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Official Answer Key & Detailed Solution

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Official UPSC Answer KeyUPSC Prelims 1999 • Indian Economy

Correct Answer: Option (A) — To safeguard the interests of workers who may be affected by technological upgradation of industry or closure of sick units

Concept & Option Breakdown

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  • Option (a) is correct: The National Renewal Fund (NRF) was constituted in February 1992 to provide a social safety net for workers affected by modernisation, technological upgrades, industrial restructuring, and the closure of sick industrial units, offering funds for compensation, voluntary retirement schemes (VRS), retraining, and redeployment.
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Question Specifications & Syllabus Mapping

Examination & YearUPSC Civil Services Preliminary Examination 1999 (Q104)
Paper & Marking SchemeGS Paper I • 2 Marks (-0.66 Negative for incorrect response)
Syllabus Subject & TopicIndian Economy → Indian Economic Planning & Growth
Official Answer KeyOption (A) — To safeguard the interests of workers who may be affected by technological upgradation of industry or closure of sick units

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2002 • Q31988% Match

Consider the following statements: The objectives of the National Renewal Fund set up in February 1992 were: (2002) 1. To give training and counselling for work

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Frequently Asked Questions — UPSC Prelims 1999 Q104

What is the official answer for UPSC Prelims 1999 GS Paper I Question 104 (Indian Economy)?

The official UPSC answer key for this 1999 Indian Economy (Indian Economic Planning & Growth) question is Option (A): "To safeguard the interests of workers who may be affected by technological upgradation of industry or closure of sick units". Correct attempts carry 2 Marks with -0.66 Negative penalty for wrong answers.

Which UPSC Prelims syllabus topic does this 1999 question belong to?

This question belongs to GS Paper I under the subject "Indian Economy" and micro-topic "Indian Economic Planning & Growth". You can explore all repeated questions from Indian Economic Planning & Growth in Acme AI's 3D Prelims PYQ Realm or practice 50 full-length and sectional tests in the APT Prelims Test Series.

How can I solve this Indian Economic Planning & Growth UPSC Prelims question using option elimination?

To solve Indian Economic Planning & Growth questions in UPSC Prelims, identify extreme modifiers, verify core NCERT conceptual definitions, and eliminate mutually contradictory statement pairs before locking your final option.

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