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    Question

    Consider the following statement about “Rapid

    Innovation and Startup Expansion (RISE)". 1.  Recently, Finance Ministry launched a new accelerator called Rapid Innovation and Startup Expansion (RISE) 2.  It is a joint initiative of India and Australia to support circular economy startups 3.  It mainly focuses on climate smart agriculture, clean energy and climate smart mobility. Which of the statements given above is/are correct?
    A 2 only Correct Answer Incorrect Answer
    B 3 only Correct Answer Incorrect Answer
    C Both 2 and 3 Correct Answer Incorrect Answer
    D Both 1 and 3 Correct Answer Incorrect Answer

    Solution

    Recently, the Atal Innovation Mission (AIM) under NITI Aayog launched a new accelerator named Rapid Innovation and Startup Expansion (RISE) to provide support for circular economy startups in both Australia and India. The India Australia RISE Accelerator is a collaborative effort between CSIRO, Australia's national science agency, and Atal Innovation Mission (AIM), which is the Government of India's flagship initiative aimed at fostering a culture of innovation and entrepreneurship.

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