Q. With reference to the Khadi and Village Industries Commission (KVIC), consider the following statements:
1.It is a statutory body constituted under the Khadi and Village Industries Act of 1956.
2.The headquarters of KVIC is located in Mumbai, Maharashtra.
3.KVIC functions under the Ministry of Rural Development.
4.One of its main objectives is to promote self-reliance and create rural employment through the development of Khadi and village industries.
Which of the statements given above are correct?
Quarterly-SFG-Jan-to-March
Red Book

[A] 1, 2 and 3 only

[B] 2 and 4 only

[C] 1, 2 and 4 only

[D] 1, 3 and 4 only

Answer: C
Notes:

Explanation:

  • Statement 1 – Correct: KVIC is a statutory body established under the Khadi and Village Industries Commission Act of 1956, and came into existence in April 1957.
  • Statement 2 – Correct: KVIC is headquartered in Mumbai, Maharashtra.
  • Statement 3 – Incorrect: KVIC functions under the Ministry of Micro, Small and Medium Enterprises (MSME), not the Ministry of Rural Development.
  • Statement 4 – Correct: A key aim of KVIC is to promote self-reliance and generate employment in rural areas by developing Khadi and village industries.

Source– PIB

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