What is the corpus of the Research, Development and Innovation Scheme?
- A.Rs 50,000 crore
- B.Rs 1 lakh crore
- C.Rs 2 lakh crore
- D.Rs 10,000 crore
Correct answer
Explanation
The correct answer is Rs 1 lakh crore. The RDI Scheme was launched in November 2025 with a corpus of that size, meant to catalyse private-sector investment in research, development and innovation rather than to fund government laboratories alone. Rs 50,000 crore is wrong, as is Rs 10,000 crore: both understate the announced corpus, and a window of that size would not match the scheme's stated ambition of long-term financing and refinancing for transformative projects. Rs 2 lakh crore is wrong because it overstates the figure. The scheme seeks to speed up the adoption of advanced technologies, strengthen the competitiveness of Indian industry and build self-reliance in critical and emerging technology areas. Advanced Chemicals, Petrochemicals and Material Technologies were brought within its ambit from 8 October 2026.
Read the full article: RDI Scheme Widened to Cover Advanced Chemicals Technologies
Practice Questions
Under which scheme have Advanced Chemicals, Petrochemicals and Material Technologies been made eligible for funding?
- A.Production Linked Incentive Scheme
- B.Research, Development and Innovation Scheme
- C.Promotion of Research and Innovation in Pharma MedTech Sector
- D.National Manufacturing Mission
Show answer
The Government of India added Advanced Chemicals, Petrochemicals and Material Technologies as an extra technology area that can draw funding under this scheme, the change applying from 8 October 2026.
Read the full explanation →Which department approved the inclusion of the chemicals and petrochemicals sector under the RDI Scheme?
- A.Department of Chemicals and Petrochemicals
- B.Department for Promotion of Industry and Internal Trade
- C.Department of Science and Technology
- D.Department of Scientific and Industrial Research
Show answer
The Department of Chemicals and Petrochemicals is wrong in this context because DCPC was the proposer, not the approving authority: it had sought that chemicals and petrochemicals be treated as a priority area and DST accepted that request.
Read the full explanation →From which date does the inclusion of Advanced Chemicals, Petrochemicals and Material Technologies under the RDI Scheme take effect?
- A.1 October 2026
- B.8 October 2026
- C.14 October 2026
- D.8 November 2025
Show answer
The correct answer is 8 October 2026, the date from which the new technology area becomes eligible for funding under the RDI Scheme.
Read the full explanation →Which corporation implements BHARAT TULIP for the ministry?
- A.NSFDC
- B.NBCFDC
- C.TRIFED
- D.KVIC
Show answer
The Ministry of Social Justice and Empowerment works through this corporation to run BHARAT TULIP, and it is NBCFDC that facilitates market linkages for artisans on digital platforms and e-commerce channels, along with promotion, quality assurance, skill development and support for logistics and delivery.
Read the full explanation →BHARAT TULIP is being implemented by which ministry?
- A.Ministry of Textiles
- B.Ministry of Social Justice and Empowerment
- C.Ministry of Micro, Small and Medium Enterprises
- D.Ministry of Tribal Affairs
Show answer
It implements the programme through the National Backward Classes Finance and Development Corporation, which handles the market linkage work on digital platforms and e-commerce channels.
Read the full explanation →