Ambedkar Social Innovation and Incubation Mission (ASIIM)

• The Ambedkar Social Innovation and Incubation Mission (ASIIM) was launched by Thaawarchand Gehlot, Union Minister of Social Justice and Empowerment
• ASIIM is launched under Venture Capital Fund for Scheduled Castes (SC).
• Aim of this mission is to promote innovation and enterprise among SC students who are pursuing education in higher educational institutions.
• Venture Capital Fund for Scheduled Castes (SC) will focus on students and youth who are working in Technology Business Incubators (TBIs) and will offer them guidance, mentoring, finance and training.
• Under this fund, 117 companies are sanctioned financial assistance to build business ventures. These 117 companies are promoted by SC entrepreneurs.
• The mission is said to be beneficial to around 1000 SC youths who will be trained for the next 4 years.
• Budget sanctioned for ASIIM is Rs 19,320 lakhs.
• ASIIM will work in accordance with GOI’s Start-Up India Programme.

Question: 

Q: 1: Who among the following launched Ambedkar Social Innovation and Incubation Mission (ASIIM)?
a. Ramesh Pokhriyal Nishank
b. Thaawarchand Gehlot
c. Nitin Gadkari
d. Ravi Shankar Prasad 

 

Q: 2: What does ‘A’ signifies in ASSIM mission, launched by Thaawarchand Gehlot to promote innovation and enterprise among SC students who are pursuing education in higher educational institutions?
a. Aspiring
b. Atal
c. Advanced 

d. Ambedkar