Question

Which of the following statements are accurate about VAMNICOM?

1. Vaikunth Mehta National Institute of Co-operative Management.

2. VAMNICOM provides training, capacity building and empowering the Co-operatives and collectives.

3. VAMNICOM is an apex organisation representing entire Co-operative movement in India.

• A. All are correct
• B. I and II are correct
• C. I and III are correct
• D. II and III are correct

Answer 1

Answer:

B. I and II are correct

Yes, the Vaikunth Mehta National Institute of Cooperative Management (VAMNICOM) is a national institute that represents the cooperative movement in India:

• Role

  VAMNICOM is a premier institute that provides training, education, research, and consultancy services for cooperative organizations, government departments, and other national bodies.

• Responsibilities

  VAMNICOM organizes, directs, monitors, and evaluates cooperative training arrangements for personnel in the cooperative sector.

• Infrastructure

  VAMNICOM has a state-of-the-art infrastructure and well-qualified faculty members.

• Centers

  VAMNICOM has seven centers, including the Centre for Cooperative Management, Centre for Management Education, Centre for Information Technology, and Centre for Research & Publication.

• International collaborations

  VAMNICOM has international Memorandum of Understandings with academic organizations in countries like Malaysia, Thailand, Sri Lanka, Nepal, and Bangladesh. 

VAMNICOM was established in 1948 in Mumbai and later moved to Pune in 1967. It was named after the late Shri Vaikunth Mehta, a doyen of the Cooperative Movement, in 1967.