Current Affairs - Sports Current Affairs
Which organization manages the Fund of Funds for Startups (FFS) under the Startup India initiative?
Which organization manages the Fund of Funds for Startups (FFS) under the Startup India initiative?
easy Q1 of 15
Step-by-Step Solution
Step 1: Identify the scheme structure
The Fund of Funds for Startups does not directly invest in startups.Step 2: Recall managing institution
The Government of India entrusted SIDBI with managing the Fund of Funds for Startups.Final Answer:
Small Industries Development Bank of India (SIDBI) → Option BQuick Check:
FFS = Managed by SIDBI ✅
Quick Trick: Fund of Funds → SIDBI manages.
Common Mistakes:
MISTAKES- Confusing SEBI (regulator) with SIDBI (manager).
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