NIDHI - Current Affairs Questions and Answers

1)   What does NIDHI stand for in the context of innovation and successful startups?

a. National Initiative for Discovering and Harnessing Innovations
b. National Initiative for Deciphering and Harnessing Innovations
c. National Initiative for Developing and Handling Innovations
d. National Initiative for Developing and Harnessing Innovations
Answer  Explanation 

ANSWER: National Initiative for Developing and Harnessing Innovations

Explanation:
Union Government on 6th September 2016 launched the program called National Initiative for Developing and Harnessing Innovations

  • Initiative aims at nurturing ideas and innovation into successful startups
  • NIDHI is an umbrella programme of DST
  • The programme focuses on innovation by channelising youth and bring socio economic development to the nation
  • It also strengthen links of innovation
  • 8 components of NIDHI are there with PRAYAS being the first component and Seed Support System being the final
  • PRAYAS stands for Promoting and Accelerating Young and Aspiring Innovators and Startups
  • Key stakeholders of NIDHI include mentors, institutions, VC, angle investors, industry champions, private sector, government bodies, state and central government

Related Content

▲