Q. Consider the following statements regarding Khad Village Industries Commission (KVIC):
1. It is a statutory body.
2. It is an apex organization under the Ministry of Commerce and Industry
Which of the above statements is/are correct?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: A
Notes:

Statement 2 is incorrect 

  • The Khadi and Village Industries Commission (KVIC) is a statutory body formed in 1957 under Khadi and Village Industries Commission Act,1956. 
  • Nodal Ministry: It is an apex organisation under the Ministry of Micro, Small, and Medium Enterprises. 
  • Mandate: The KVIC is charged with the planning, promotion, organisation and implementation of programs for the development of Khadi and other village industries in the rural areas in coordination with other agencies 
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