Amazon India signed MoU with NIF

Published on January 21, 2022
Current Context: The e-commerce giant, Amazon India has signed MoU with NIF Incubation and Entrepreneurship Council (NIFientreC).
Amazon India signed MoU with NIF
  • The NIFientreC is the Technology Business Incubator managed by National Innovation Foundation (NIF), which comes under DST, GoI.
  • They have signed MoU to enhance grassroots innovation, develop the local economy and livelihood of people in rural India.
  • So they will generate livelihood opportunities for lakhs of people across India.
  • They will bring experts dealing in various fields to conduct masterclasses, workshops, and other interactive training programs particularly in product distribution for the participants.
  • They will promote the creativity and innovation of students and entrepreneurs so that they will become experts in consumer-based technology innovation and contribute to digital India.
  • Static Part: 
    • HQ of NIF: Gandhinagar, Gujarat

Question: 

Q.1 Which organization signed MoU with NIF Incubation and Entrepreneurship Council (NIFientreC) to enhance grassroots innovation, develop the local economy and livelihood of people in rural India?
a. Paytm
b. Flipkart
c. Facebook-Meta
d. Amazon India

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