National Affairs MCQs

21.

The Startup India Seed Fund Scheme was launched in which year?

A 2019

B 2020

C 2021

D 2022

22.

The SISFS is crucial for bridging the 'valley of death' for startups, which refers to:

A The period of high competition

B The phase of rapid growth

C The early stage where startups struggle for survival due to lack of funding

D The final stage before acquisition

23.

The Startup India initiative aims to build a robust startup ecosystem by fostering:

A Risk aversion

B Innovation and risk-taking

C Dependence on government subsidies

D Monopolistic practices

24.

The disbursement of funds under SISFS helps startups to:

A Increase their operational costs

B Develop products, scale operations, and create jobs

C Reduce their research and development efforts

D Limit their market reach

25.

The SISFS supports startups in various sectors, including:

A Only technology and IT

B Technology, healthcare, agriculture, and manufacturing

C Only traditional manufacturing

D Only service-based industries

26.

Through which entities does the SISFS provide capital to eligible startups?

A Directly to individual founders

B Through incubators

C Via venture capital firms only

D Through public stock offerings

27.

Which department manages the Startup India initiative and the SISFS?

A Ministry of Commerce and Industry

B Department for Promotion of Industry and Internal Trade (DPIIT)

C Ministry of Finance

D Ministry of Skill Development and Entrepreneurship

28.

The SISFS aims to provide financial assistance to:

A Established multinational corporations

B Early-stage startups lacking access to funding

C Government research institutions

D Non-profit organizations

29.

How many startups have received funding under the SISFS?

A Over 500

B Over 750

C Over 1,000

D Over 1,500

30.

What is the total amount disbursed by the Startup India Seed Fund Scheme (SISFS) as of April 1, 2026?

A ₹250 crore

B ₹350 crore

C ₹500 crore

D ₹750 crore

National Current Affairs MCQs - 2026-04-01