Question
The National Research Foundation (NRF) Act will
establish NRF, an apex body to provide high-level strategic direction of scientific research in the country, who will be the head fo the NRF?Solution
The Department of Science and Technology (DST) will be the administrative Department of NRF which will be governed by a Governing Board consisting of eminent researchers and professionals across disciplines. Since the scope of the NRF is wide-ranging – impacting all ministries - the Prime Minister will be the ex-officio President of the Board and the Union Minister of Science & Technology & Union Minister of Education will be the ex-officio Vice-Presidents.
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A Green-shoe option is a special provision in an IPO prospectus, which allows underwriters to sell investors less shares than originally planned by the...
