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    Question

    According to the Union Budget 2023-24, consider the following statements.

    1. Agriculture Accelerator Fund will be set-up to encourage agri startups by young entrepreneurs in urban areas.

    2. The Fund will aim at bringing innovative and affordable solutions for challenges faced by farmers.

    3. The technology startups that aim to increase agricultural outputs will be given preference.

    Which of the above statements is/are correct?

    A 1 only Correct Answer Incorrect Answer
    B 1 and 2 only Correct Answer Incorrect Answer
    C 2 and 3 only Correct Answer Incorrect Answer
    D 1, 2 and 3 Correct Answer Incorrect Answer
    E 2 only Correct Answer Incorrect Answer

    Solution

    An Agriculture Accelerator Fund will be set-up to encourage agristartups by young entrepreneurs in rural areas. The Fund will aim at bringing innovative and affordable solutions for challenges faced by farmers.

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