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Which organization manages the Fund of Funds for Startups (FFS) under the Startup India initiative?

easy Q1 of 15
Current Affairs - Sports Current Affairs
Which organization manages the Fund of Funds for Startups (FFS) under the Startup India initiative?
AReserve Bank of India
BSmall Industries Development Bank of India (SIDBI)
CNITI Aayog
DSecurities and Exchange Board of India
Step-by-Step Solution
  1. Step 1: Identify the scheme structure

    The Fund of Funds for Startups does not directly invest in startups.
  2. Step 2: Recall managing institution

    The Government of India entrusted SIDBI with managing the Fund of Funds for Startups.
  3. Final Answer:

    Small Industries Development Bank of India (SIDBI) → Option B
  4. Quick 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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