Current Affairs · Government Schemes
With reference to the Senior Care Aging Growth Engine (SAGE) Initiative, consider the following statements: 1. It aims to encourage private sector investment in elderly care by supporting start-ups through equity funding. 2. Under the scheme, Government equity in any selected start-up cannot exceed 49% of the total equity. 3. The initiative provides direct monthly pensions to senior citizens above 75 years of age. 4. Healthcare, legal assistance, housing, and food services are among the key focus areas under the scheme. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2, 3, and 4
- 22, 3, and 4 only
- 31, 2, and 4 only✓
- 41 and 3 only
Correct answer
1, 2, and 4 only
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