With reference to Khadi and Village Industries Commission (KVIC), consider the following statements: It is an apex organisation under the Ministry of Commerce and Industry. It is a statutory body. One of its social objectives is to provide employment. Which of the statements given above is/are correct?

[A] 1 and 2 only

[B] 2 and 3 only

[C] 1 and 3 only

[D] 1, 2 and 3

Answer: B

Notes:

Statement 1 is incorrect: KVIC is under the Ministry of Micro, Small and Medium Enterprises.
Statement 2 is correct: The Khadi and Village Industries Commission (KVIC) is a statutory body established under Khadi and Village Industries Commission Act,1956.
Statement 3 is correct: It has the following objectives – 1) The social objective of providing employment, 2) The economic objective of producing saleable articles, 3) The wider objective of creating self-reliance amongst the poor and building up of a strong rural community spirit.

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