A) Rural reconstruction
B) Social security
C) Providing pension for retiring employees.
D) Restructuring and modernisation of Industries.
Correct Answer: B
Solution :
The PV Narasimha Rao government established the National Renewal Fund (NRF) in February 1992 to provide a social safety net to the workers who were likely to be affected by techno-logical up-gradation and modernisation in the Indian industry. NRF was intended to provide funds for employment generation schemes in the organised and unorganised sectors in order to provide a social safety net for labour.
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