Current Affairs · Government Schemes and Initiatives
Consider the following statements regarding the operational guidelines issued for the Startup India Fund of Funds 2.0 (FoF 2.0): 1. It aims to operationalise a ₹10,000 crore corpus through commitments to SEBI-registered Category I and II Alternative Investment Funds (AIFs). 2. Small Industries Development Bank of India (SIDBI) will act as the initial Implementation Agency. 3. The guidelines strictly prohibit the allocation of any returns towards ecosystem capacity-building initiatives such as mentorship and shared infrastructure. Which of the statements given above is/are correct?
- 1All statements 1, 2, and 3 are correct
- 2Only statements 1 and 3 are correct
- 3Only statements 2 and 3 are correct
- 4Only statements 1 and 2 are correct✓
Correct answer
Only statements 1 and 2 are correct
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