Challenger Logo

Challenger App

Get it on Google PlayGet it on App Store
Challenger App

No.1 PSC Learning App

★
★
★
★
★
1M+ Downloads
Get App
The 'R & D Grant' is primarily given to which type of startups?

ASoftware startups with innovative algorithms

BHardware startups with a significant R&D component

CBiotechnology startups

DFintech startups

Answer:

B. Hardware startups with a significant R&D component

Read Explanation:

R & D GRANT

  • This is given to hardware startups with a significant R&D component.

  • Up to INR 30 Lakh can be given to each startup, and recommendations for nominees will be made during the quarterly reviews.

  • R&D grants cannot be used for covering manpower or hiring costs.

  • Preference is given to startups that have secured patents or those that are scaling up their product.

Related Questions:

What does horizontal inequality refer to?

  1. Inequality among culturally defined or constructed groups.
  2. Inequality primarily based on economic status.
  3. Inequality that only affects individuals, not groups.
    The Track and Trace facility allows customers to monitor the movement of their articles. Which of the following articles is NOT typically assigned a trackable number?

    Identify the key components of social inequality.

    1. Social inequality encompasses political inequality as one of its major dimensions.
    2. Social inequality is exclusively defined by income disparities.
    3. Inequality in opportunities, particularly in accessing education and health services, is a significant aspect of social inequality.
    4. Social inequality is a single-dimensional concept primarily focused on social status.
      What modern farming technique is promoted under the Vegetable Development Scheme for specific districts like Idukki and Wayanad?
      Which combination correctly represents the poverty line thresholds recommended by the two committees?