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Question

To support incubating startups that work in the field of livelihood, education and health Bharat Inclusion Initiative is launched. Which institute has launched this initiative?

The correct answer is IIM Ahmedabad

Bharat Inclusion Initiative Explained

The question asks about the Bharat Inclusion Initiative, specifically which institute launched it to support startups in the areas of livelihood, education, and health.

The Bharat Inclusion Initiative is a program designed to foster innovation and support early-stage startups that are working towards addressing critical social challenges in India. Its focus is on improving access and outcomes in key sectors such as:

  • Livelihood and financial inclusion
  • Education and skill development
  • Health and well-being

The primary goal is to provide these startups with the necessary support, which can include incubation, mentorship, funding, and access to networks, to help them scale their solutions and create significant social impact.

Research into this initiative reveals that it was launched by one of India's premier management institutes to specifically target these areas of social development.

After reviewing the options provided:

  • IIT Kanpur
  • IISc Bangalore
  • IIM Calcutta
  • IIT Madras
  • IIM Ahmedabad

The institute responsible for launching the Bharat Inclusion Initiative is IIM Ahmedabad. They initiated this program to leverage their expertise and network to empower entrepreneurs working on solutions for the underserved populations in India.

Therefore, IIM Ahmedabad is the correct institute behind the Bharat Inclusion Initiative focusing on livelihood, education, and health startups.

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Important Questions from Financial Inclusion

  1. The Government of India has been actively working on the provisions of ‘FRDI’ Bill, 2017. What does ‘D’ stand for in ‘FRDI’?

  2. RBI financial inclusion index (FI-Index) quality parameter captures information on which of the following:

    A. Financial literacy

    B. Consumer protection

    C. Ease of access

    D. Availability and usage

    E. Inequality and deficiency in service

    Choose the correct answer from the options given below:

  3. _____________ is looking to tap into as it seeks to encourage people to gift ‘social security’ plans to their loved ones.

  4. Accidental insurance cover in Pradhan Mantri Jan Dhan Yojna has been increased from 1 lakh to _____________ (PMJDY).

  5. Lead Bank Scheme was launched in which year?

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