Question

________ Indian Aspriation Fund was launched by _______ in August 2015 to boost the start-up funds ecosystem in the country.

• A. Rs. 5,000 Crore; IDBI
• B. Rs. 2,000 Crore; SIDBI
• C. Rs. 2,000 Crore; RBI
• D. Rs. 3,500 Crore; ICICI

Answer 1

Answer: (B)

Rs. 2,000 Crore; SIDBI

Rs 2000 crore Indian Aspriation Fund was launched by SIDBI in August 2015 to boost the start-up funds ecosystem in the country. It helps to promote the culture of innovation and entrepreneurship in India at a larger extent. As a consequence it helps to uplift the economic development in India.