7.Which Union Ministry launched the ‘GENESIS initiative’? [A] Ministry of Commerce and Industry [B] Ministry of Electronics and Information Technology [C] Ministry of MSME [D] Ministry of Education Show Answer
Notes: Ministry of Electronics and Information Technology (MeitY) launched the Gen-Next Support for Innovative Startups (GENESIS) initiative in July 2022, with an outlay of more than Rs 750 crore. Under the scheme, the central government will promote over 10,000 startups in the next five to six years.