Explanation: There is no provision under Startup India initiative for sanctioning of funds to startups directly. However, Government of India has established a Fund of Funds for Startups (FFS) with corpus of Rs. 10,000 crores, to meet the funding needs of startups. Department for Promotion of Industry and Internal Trade (DPIIT) is the monitoring agency and Small Industries Development Bank of India (SIDBI) is the operating agency for FFS.
What is the objective of the pact signed between RITES and Indian Railway Finance Corporation (IRFC)?
Which country was ranked as the No. 1 in the 2024 Best Countries Report?
What is the additional premium charged for including the coverage for employees traveling in their employer's vehicle in motor insurance policies, accor...
FDI inflows stood at USD 16.58 billion during April-June 2022-23.Total FDI, which includes equity inflows, reinvested earnings and other capital, contra...
Consider the following Statements and choose the option with wrong Statement(s).
I- PM SVANidhi is a Centrally Sponsored Scheme.
II- It wa...
When do we observe the Rheumatoid Awareness(RA) Day?
Who has won the “Miss Universe 2022” title?
Which company has received approval from the Ministry of Heavy Industries to get subsidies under the PLI scheme, making it the first e-scooter company t...
In which of the following years was the Indian Association established?
What is the purpose of REC Limited signing a 200 million Euro loan agreement with the German bank KfW?
