RDI Fund of Rs 1 lakh crore under ANRF

1. Question 1Answer C

   An August 2026 Indian Express investigation said most first-round RDI money went to which firms?

   • AGovernment-owned labs
   • BForeign startups
   • CCorrect answer: Firms linked to selectors
   • DFirms with no prior funding

   Core Trigger: In August 2026 an Indian Express investigation reported most first-round RDI money went to firms linked to selectors.From Book 1 RATNA, topic 263, point 1

2. Question 2Answer D

   RDI fund loans to private deep-tech firms are long-term, low-cost and what else?

   • AEquity-linked
   • BTax-exempt
   • CExport-tied
   • DCorrect answer: Collateral-free

   Scheme Focus: The fund lends long-term, low-cost, collateral-free money to private deep-tech firms in AI, quantum, space and semiconductors.From Book 1 RATNA, topic 263, point 2

3. Question 3Answer C

   Which is/are correct? (1) The Prime Minister is ex-officio President of ANRF's Governing Board. (2) The Principal Scientific Adviser is its Member-Secretary.

   • AOnly 1
   • BOnly 2
   • CCorrect answer: Both 1 and 2
   • DNeither 1 nor 2

   Current Head: The Prime Minister is ex-officio President of ANRF's Governing Board; the Principal Scientific Adviser is Member-Secretary.From Book 1 RATNA, topic 263, point 3

4. Question 4Answer A

   Which fund under ANRF holds the RDI corpus?

   • ACorrect answer: Special Purpose Fund
   • BNational Investment Fund
   • CCredit Guarantee Fund
   • DResearch Endowment Trust

   Fund Structure: A Special Purpose Fund under ANRF holds the corpus; Second-Level Fund Managers pick the firms.From Book 1 RATNA, topic 263, point 4

5. Question 5Answer B

   The Cabinet approved Rs 1 lakh crore for the RDI Fund on 1 July 2025 over how many years?

   • AThree years
   • BCorrect answer: Six years
   • CFive years
   • DTen years

   Data Point: Cabinet approved it on 1 July 2025: Rs 1 lakh crore over six years.From Book 1 RATNA, topic 263, point 5

6. Question 6Answer C

   Which two bodies are the RDI fund managers, with DST administering the scheme?

   • ASERB and CSIR
   • BDBT and ICMR
   • CCorrect answer: TDB and BIRAC
   • DISRO and DRDO

   Stakeholders: The Technology Development Board and BIRAC are the fund managers; DST administers the scheme.From Book 1 RATNA, topic 263, point 6

7. Question 7Answer D

   ANRF is a statutory apex body under which Ministry?

   • AMinistry of Education
   • BMinistry of Commerce
   • CMinistry of Electronics and IT
   • DCorrect answer: Ministry of Science and Technology

   Parent Body: ANRF is a statutory apex body under the Ministry of Science and Technology.From Book 1 RATNA, topic 263, point 8

8. Question 8Answer A

   On which date did the ANRF Bill, 2023 pass the Lok Sabha?

   • ACorrect answer: 7 August 2023
   • B9 August 2023
   • C4 August 2023
   • D11 August 2023

   Founded: The ANRF Bill, 2023 passed the Lok Sabha on 7 August and Rajya Sabha on 9 August 2023.From Book 1 RATNA, topic 263, point 9

9. Question 9Answer B

   The ANRF Act, 2023 dissolves which body by repealing its 2008 Act?

   • ATechnology Development Board
   • BCorrect answer: Science and Engineering Research Board
   • CCouncil of Scientific and Industrial Research
   • DUniversity Grants Commission

   Statute Change: The ANRF Act, 2023 repeals the Science and Engineering Research Board Act, 2008, dissolving SERB.From Book 1 RATNA, topic 263, point 10

10. Question 10Answer A

    Which is/are correct? (1) The Technology Development Board Act, 1995 constitutes the Board to finance indigenous technology. (2) The RDI Scheme is an Act of Parliament.

    • ACorrect answer: Only 1
    • BOnly 2
    • CBoth 1 and 2
    • DNeither 1 nor 2

    Related Statute: The Technology Development Board Act, 1995 constitutes the Board to finance indigenous technology.From Book 1 RATNA, topic 263, point 11

Open these answers in the app (sign-in needed)