Current Affairs · Government Funds & Initiatives
In 2025, PM Narendra Modi launched the Rs 1 lakh crore 'Research, Development and Innovation (RDI) Fund'. Which type of management structure is tasked with overseeing this fund, involving a special purpose fund under the Anusandhan National Research Foundation (ANRF)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Crowdfunding platform for R&D projects
- 2Two-tier structure managed by the Department of Science and Technology✓
- 3Single-tier fund management by a private company
- 4Direct government grants to startups
Correct answer
Two-tier structure managed by the Department of Science and Technology
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