PRIP Scheme: Pharma & Med-Tech Innovation Fund
The question asks about a specific financial outlay for promoting research and innovation in India's pharmaceutical and Med-Tech sectors.
- Scheme Identification: The correct scheme announced a financial outlay of ₹5,000 crore for this purpose.
- Financial Outlay: The total amount allocated was ₹5,000 crore.
- Sector Focus: The initiative aimed to boost research and innovation specifically within the pharmaceutical and Med-Tech industries.
- Correct Option: Based on these details, the PRIP (Promoting and Accelerating Investments for the Development of the Pharma and Medical Devices Sector) Scheme is the relevant initiative.
Therefore, the PRIP Scheme aligns with the ₹5,000 crore financial outlay for pharmaceutical and Med-Tech research and innovation.
Important Questions from Banking Related Schemes
Which of the following sponsored 'Ubharte Sitaare Fund', in August 2021?
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A recent bank merger that has been announced includes Vijaya Bank, Dena Bank, and ______
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Which bank struggled to address the issue of capitalisation and subsequently Reserve Bank of India took over its management in 2020?
