Consider the following statements regarding NIDHI Program: It is an umbrella programme conceived and developed bythe Innovation andamp; Entrepreneurship division of the Department of Science andamp; Technology. It is funded by theNational Science andamp; Technology Entrepreneurship Development Board.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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Consider the following statements regarding NIDHI Program:

It is an umbrella programme conceived and developed by the Innovation & Entrepreneurship division of the Department of Science & Technology.
It is funded by the National Science & Technology Entrepreneurship Development Board.

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?

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Daily Current Affairs MCQ- August 7, 2023

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Consider the following statements regarding NIDHI Program: It is an um...

And Entrepreneurship division of the Department of Science and Technology (DST), Government of India.
The program aims to provide financial assistance and support to innovative startups and entrepreneurs in the country.
The program consists of various schemes such as PRAYAS, SEED, and PRAGATI, which provide different types of funding and support to startups at different stages of their development.
The NIDHI program also includes incubation centers and innovation centers, which provide infrastructure and mentoring support to startups.
The program aims to foster a culture of innovation and entrepreneurship in the country and promote the growth of startups in various sectors.
The NIDHI program is open to startups and entrepreneurs from all sectors and regions of the country.
The program also encourages collaboration between startups, academia, and industry to foster innovation and research.
The NIDHI program is aligned with the government's Startup India initiative and aims to support the development of a robust startup ecosystem in the country.
The program also aims to promote gender diversity and inclusion in the startup ecosystem by providing special support and incentives to women entrepreneurs.
The NIDHI program has been successful in supporting and nurturing several innovative startups in India and has contributed to the growth of the startup ecosystem in the country.

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Consider the following statements regarding NIDHI Program: It is an um...

Recently, the union Minister of State (Independent Charge) Science & Technology informed the Rajya Sabha about the NIDHI Program.

National Initiative for Developing and Harnessing innovations (NIDHI) program was launched in 2016.
It is an umbrella programme conceived and developed by the Innovation & Entrepreneurship division, Department of Science & Technology.
Aim: To nurture start-ups through scouting, supporting and scaling innovations.
Key stakeholders: Various departments and ministries of the central government, state governments, academic and R & D institutions, mentors, financial institutions, angel investors, venture capitalists and private sectors.
Funding: By the National Science & Technology Entrepreneurship Development Board (NSTEDB).

Hence both statements are correct.

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Consider the following statements regarding NIDHI Program: It is an umbrella programme conceived and developed bythe Innovation & Entrepreneurship division of the Department of Science & Technology. It is funded by theNational Science & Technology Entrepreneurship Development Board.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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