Exams › IBPS PO › General Awareness
Who manages the Fund of Funds for Startups (FFS), established under the AIF framework regulated by SEBI to support startups in India?
- RBI
- SIDBI
- NABARD
- HDFC
Correct answer: SIDBI
Solution
The Fund of Funds for Startups is managed by SIDBI, which acts as the implementing agency. SEBI regulates the AIF framework, but it does not manage the fund. Hence, SIDBI is correct.
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