Prabhaav

Question 1

What is Prabhaav ?

Answer 1

It is a report that is prepared by CRISIL and released by SIDBI

Question 2

What does the report indicate ?

Answer 2

It studies the impact assessment of the Fund of Funds for startups

Question 3

What is Fund of Funds for startups ?

Answer 3

It is a part of Startup India Action plan launched in 2016 of Ministry of Commerce

Question 4

Which Fund of Funds does SIDBI manage ?

Answer 4

“ASPIRE” – it is a fund of funds that focusses on agro and rural enterprises of UP and Odisha

The scheme comes under Ministry of MSME’s

Question 5

Which index tracks about the economic activity in India ?

Answer 5

Sumpoorna – released by SIDBI