StreakPeaked· Practice

ExamsIBPS POGeneral Awareness

Who manages the Fund of Funds for Startups (FFS), established under the AIF framework regulated by SEBI to support startups in India?

  1. RBI
  2. SIDBI
  3. NABARD
  4. 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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