Challenger Logo

Challenger App

Get it on Google PlayGet it on App Store
Challenger App

No.1 PSC Learning App

★
★
★
★
★
1M+ Downloads
Get App
Which type of costs are explicitly excluded from being covered by 'R&D Grants'?

AMaterial costs

BManpower or hiring costs

CPrototype development costs

DTesting equipment costs

Answer:

B. Manpower or hiring costs

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:

Regarding the redistribution of remittances and improvement in living standards in Kerala, identify the correct statements.

  1. Militant agitation and redistribution policies have played a role in ensuring remittances trickle down to weaker sections of society.
  2. Remittances alone, without any policy intervention, would have automatically ensured equitable redistribution and improved living standards for all.
  3. The trickle-down effect of remittances has contributed to improving the living standards across different sections of society.
    In decentralized planning, the participation of which of the following is most critical?

    The 'She Taxi' project is a flagship initiative of the Gender Park. What is its primary goal?

    1. To provide affordable taxi services for women in distress.
    2. To promote women's entrepreneurship and economic empowerment through a sustainable business model in the taxi service sector.
    3. To ensure the safety of women commuters during night travel.
    4. To offer employment opportunities to women as taxi drivers.

      Which of the following statements accurately describe Corporate Social Responsibility (CSR) initiatives related to startups?

      1. The Companies Act, 2013, allows companies to use CSR funds for approved Technology Business Incubators (TBIs).
      2. CSR funds can be directed towards registered not-for-profit organizations that support startups.
      3. The KSUM CSR Program facilitates the deployment of CSR funds to support innovative startup ideas.
      4. CSR initiatives are exclusively for direct funding of established businesses.

        Which of the following statements accurately describes the MPLADS program?

        1. MPLADS was launched in December 1993 as a central sector scheme.
        2. It allows Members of Parliament to fund projects based on their personal preferences, regardless of local needs.
        3. The primary objective is to facilitate the immediate execution of small, locally important schemes.
        4. Only Rajya Sabha members are eligible to utilize funds under MPLADS.