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With reference to the startups, consider the following statements:
1. Funding opportunities to startups have been enhanced through the Fund of Funds Scheme with an overlay of INR 10,000 crore.
2. Recently launched Startup India Seed Fund Scheme (SISFS) is having an outlay of INR 945 crores.
Which of the statements given above is/are correct?
  • a)
    1 only
  • b)
    2 only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
With reference to the startups, consider the following statements:1. F...
As on June 3, 2021, 50,000 startups across have been recognized as startups by DPIIT, of which 19,896 have been recognized since April 1, 2020.
  • With the launch of the Startup India initiative, recognized startups have now spread across 623 districts. Each State and UT has at least one startup.
  • Maharashtra, Karnataka, Delhi, Uttar Pradesh and Gujarat have the greatest number of startups.
  • Over 16,000 startups were recognized in the year 2020-2021.
  • 5.5 Lakh jobs were reported by 48,093 startups with an average number of 11 employees per startup. About 1.7 lakh jobs were created by recognized startups in the 2020-2021 period alone.
  • The sectors that had the maximum registered startups were ‘Food Processing’, ‘Product Development’, ‘Application Development’, ‘IT Consulting’ and ‘Business Support Services’.
  • The leadership teams of 45% startups have a women entrepreneur.
  • Funding opportunities to startups have been enhanced through the Fund of Funds Scheme with an overlay of INR 10,000 crore and the recently launched Startup India Seed Fund Scheme (SISFS) with an outlay of INR 945 crores.
  • Multiple programs are conceived and implemented by DPIIT -National Startup Awards, State Ranking Framework, Global VC Summit, Prarambh: Startup India International Summit.
Hence both statements are correct.
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With reference to the startups, consider the following statements:1. Funding opportunities to startups have been enhanced through the Fund of Funds Scheme with an overlay of INR 10,000 crore.2. Recently launched Startup India Seed Fund Scheme (SISFS) is having an outlay of INR 945 crores.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?
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With reference to the startups, consider the following statements:1. Funding opportunities to startups have been enhanced through the Fund of Funds Scheme with an overlay of INR 10,000 crore.2. Recently launched Startup India Seed Fund Scheme (SISFS) is having an outlay of INR 945 crores.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? for Current Affairs 2025 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about With reference to the startups, consider the following statements:1. Funding opportunities to startups have been enhanced through the Fund of Funds Scheme with an overlay of INR 10,000 crore.2. Recently launched Startup India Seed Fund Scheme (SISFS) is having an outlay of INR 945 crores.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Current Affairs 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the startups, consider the following statements:1. Funding opportunities to startups have been enhanced through the Fund of Funds Scheme with an overlay of INR 10,000 crore.2. Recently launched Startup India Seed Fund Scheme (SISFS) is having an outlay of INR 945 crores.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?.
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