TADF fund - Current Affairs Questions and Answers

1)   Minister of State of Commerce and Industry N. Sitaraman has launched which fund under National Manufacturing policy?

a. TABF
b. TACF
c. TADF
d. TAKF
Answer  Explanation 

ANSWER: TADF

Explanation:
Minister of State for Commerce & Industry (I/C), Mrs. Nirmala Sitharaman, on 18th November launched the Technology Acquisition and Development Fund (TADF) under National Manufacturing Policy being implemented by Department of Industrial Policy & Promotion(DIPP). This new scheme is to facilitate acquisition of Clean, Green & Energy Efficient Technologies, in form of Technology / Customised Products / Specialised Services / Patents / Industrial Design available in the market available in India or globally, by MSMEs.