Current Affairs · Government Schemes
In July 2025, the Union Cabinet approved the Research Development and Innovation (RDI) Scheme with a large financial outlay. Which of the following statements about this scheme is/are correct? 1. The RDI scheme has a ₹1 lakh crore financial corpus designed to attract private investment in research and innovation through concessional loans. 2. The scheme will be governed by the Governing Board of the Anusandhan National Research Foundation (ANRF), chaired by the Prime Minister. 3. The two-tiered funding system involves the Special Purpose Fund under ANRF at the first level and direct government subsidies to startups at the second level.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both 2 and 3
- 2Only 2
- 3Both 1 and 2✓
- 4Only 3
Correct answer
Both 1 and 2
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