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NSDC and HDFC Life partnered to Improve Young People's Entrepreneurship Skills

Published on February 19, 2023
Current context: NSDC and HDFC Life Insurance Company have collaborated to promote self-employment and expand entrepreneurial prospects as part of the Skill India Mission.
NSDC and HDFC Life partnered to Improve Young People's Entrepreneurship Skills

  • NSDC is a skill development agency under the Ministry of Skill Development and Entrepreneurship, and HDFC Life is a top life insurer in India.
  • Under this agreement, NSDC will help HDFC Life employ competent life insurance advisors and improve its last-mile reach.
  • The partnership aims to encourage skill enhancement and train candidates taking the Insurance Regulatory and Development Authority of India examination.
  • NSDC is a not-for-profit public limited company that implements the government’s key skill development initiatives, such as PMKVY and NAPS, among others, and has established 37 Sector Skill Councils. Ved Mani Tiwari is the CEO of NSDC and MD of NSDC International.

Question:

Q.1 Which of the following is a key objective of the partnership between NSDC and HDFC Life Insurance Company?
a. To train candidates for the Insurance Regulatory and Development Authority of India examination.
b. To establish 37 Sector Skill Councils.
c. To improve the last-mile reach of HDFC Life.
d. To promote financial and social inclusion.

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