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Consider the following statements regarding Agriculture Accelerator Fund.
- The Fund encourages agri-startups by young entrepreneurs in rural areas.
- It was setup by the Department of Agricultural Research and Education.
- The Fund aims to bring in modern technologies to transform agricultural practices and increase productivity.
How many of the above statements is/are correct?
- a)Only one
- b)Only two
- c)All three
- d)None
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Consider the following statements regarding Agriculture Accelerator Fu...
Statement 2 is incorrect.
An Agriculture Accelerator Fund will be set up to encourage agri-startups by young entrepreneurs in rural areas. The fund will aim at bringing innovative and affordable solutions for challenges faced by farmers. It will also bring in modern technologies to transform agricultural practices, and increase productivity and profitability.
Most Upvoted Answer
Consider the following statements regarding Agriculture Accelerator Fu...
Overview of Agriculture Accelerator Fund
The Agriculture Accelerator Fund is an initiative aimed at fostering innovation and entrepreneurship in the agricultural sector. Let's analyze the statements regarding the Fund to determine their accuracy.
Statement 1: The Fund encourages agri-startups by young entrepreneurs in rural areas.
- This statement is correct. The Fund is specifically designed to support young entrepreneurs, particularly those in rural areas, by providing them with financial resources and mentoring to develop agri-tech startups.
Statement 2: It was set up by the Department of Agricultural Research and Education.
- This statement is incorrect. The Agriculture Accelerator Fund was established by the Ministry of Agriculture and Farmers' Welfare, not the Department of Agricultural Research and Education. The focus is on promoting innovation rather than solely on research.
Statement 3: The Fund aims to bring in modern technologies to transform agricultural practices and increase productivity.
- This statement is correct. A primary objective of the Fund is to introduce modern technologies into agriculture, thereby enhancing productivity and efficiency in farming practices.
Conclusion
In summary, two out of the three statements regarding the Agriculture Accelerator Fund are accurate. Thus, the correct answer is option 'B', indicating that only two statements are correct. This initiative plays a vital role in driving agricultural innovation and supporting the next generation of entrepreneurs in the agricultural sector.
The Agriculture Accelerator Fund is an initiative aimed at fostering innovation and entrepreneurship in the agricultural sector. Let's analyze the statements regarding the Fund to determine their accuracy.
Statement 1: The Fund encourages agri-startups by young entrepreneurs in rural areas.
- This statement is correct. The Fund is specifically designed to support young entrepreneurs, particularly those in rural areas, by providing them with financial resources and mentoring to develop agri-tech startups.
Statement 2: It was set up by the Department of Agricultural Research and Education.
- This statement is incorrect. The Agriculture Accelerator Fund was established by the Ministry of Agriculture and Farmers' Welfare, not the Department of Agricultural Research and Education. The focus is on promoting innovation rather than solely on research.
Statement 3: The Fund aims to bring in modern technologies to transform agricultural practices and increase productivity.
- This statement is correct. A primary objective of the Fund is to introduce modern technologies into agriculture, thereby enhancing productivity and efficiency in farming practices.
Conclusion
In summary, two out of the three statements regarding the Agriculture Accelerator Fund are accurate. Thus, the correct answer is option 'B', indicating that only two statements are correct. This initiative plays a vital role in driving agricultural innovation and supporting the next generation of entrepreneurs in the agricultural sector.
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Consider the following statements regarding Agriculture Accelerator Fund. The Fund encourages agri-startups by young entrepreneurs in rural areas. It was setup by the Department of Agricultural Research and Education. The Fund aims to bring in modern technologies to transform agricultural practices and increase productivity.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'B'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding Agriculture Accelerator Fund. The Fund encourages agri-startups by young entrepreneurs in rural areas. It was setup by the Department of Agricultural Research and Education. The Fund aims to bring in modern technologies to transform agricultural practices and increase productivity.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Agriculture Accelerator Fund. The Fund encourages agri-startups by young entrepreneurs in rural areas. It was setup by the Department of Agricultural Research and Education. The Fund aims to bring in modern technologies to transform agricultural practices and increase productivity.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'B'. Can you explain this answer?.
Consider the following statements regarding Agriculture Accelerator Fund. The Fund encourages agri-startups by young entrepreneurs in rural areas. It was setup by the Department of Agricultural Research and Education. The Fund aims to bring in modern technologies to transform agricultural practices and increase productivity.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'B'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding Agriculture Accelerator Fund. The Fund encourages agri-startups by young entrepreneurs in rural areas. It was setup by the Department of Agricultural Research and Education. The Fund aims to bring in modern technologies to transform agricultural practices and increase productivity.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Agriculture Accelerator Fund. The Fund encourages agri-startups by young entrepreneurs in rural areas. It was setup by the Department of Agricultural Research and Education. The Fund aims to bring in modern technologies to transform agricultural practices and increase productivity.How many of the above statements is/are correct?a)Only oneb)Only twoc)All threed)NoneCorrect answer is option 'B'. Can you explain this answer?.
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