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With reference to the National Initiative for Developing and Harnessing Innovations (NIDHI) programme- Entrepreneurs in Residence (EIR) program, consider the following statements:
1. It was launched by NITI Aayog.
2. The NIDHI-EIR programme provides tremendous opportunities for innovative entrepreneurs to expand their networks and get critical feedback on their ventures in order to promote their entrepreneurial career goals and aspirations.
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 'B'. Can you explain this answer?
Most Upvoted Answer
With reference to the National Initiative for Developing and Harnessin...
Answer:
The correct answer is option B - 2 only.

Explanation:
The National Initiative for Developing and Harnessing Innovations (NIDHI) programme is an initiative of the Department of Science and Technology (DST), Government of India. It aims to nurture ideas and innovations into successful startups. One of the components of the NIDHI programme is the Entrepreneurs in Residence (EIR) program.

The EIR program is not launched by NITI Aayog, but by the Department of Science and Technology (DST). Therefore, statement 1 is incorrect.

The NIDHI-EIR program indeed provides tremendous opportunities for innovative entrepreneurs. It offers financial support, mentorship, and networking opportunities to entrepreneurs to help them expand their networks and receive critical feedback on their ventures. The program aims to promote the entrepreneurial career goals and aspirations of these individuals. Therefore, statement 2 is correct.

Hence, the correct answer is option B - 2 only.
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With reference to the National Initiative for Developing and Harnessing Innovations (NIDHI) programme- Entrepreneurs in Residence (EIR) program, consider the following statements:1. It was launched by NITI Aayog.2. The NIDHI-EIR programme provides tremendous opportunities for innovative entrepreneurs to expand their networks and get critical feedback on their ventures in order to promote their entrepreneurial career goals and aspirations.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 'B'. Can you explain this answer?
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