CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
IIT-Madras has signed a pact for start-up funding with which Bank?
A
Indian Bank
B
SBI
C
PNB
D
Union Bank
Explanation: 

Detailed explanation-1: -Public sector lender Indian Bank has introduced an initiative for funding start-ups, ‘IND Spring Board’, in collaboration with the IIT-Madras Incubation Cell (IITMIC).

Detailed explanation-2: -Kotak Mahindra Bank Partners IIT Madras to Launch “Kotak IITM Save Energy Mission” Mumbai: Kotak Mahindra Bank Limited (“KMBL/ “Kotak”) and the Indian Institute of Technology-Madras (IITM) yesterday (19th Sept 2022) announced their CSR partnership to launch Kotak IITM Save Energy Mission.

Detailed explanation-3: -Prof Subhasis Chaudhuri, Director, IIT Bombay said, “We at IIT Bombay are delighted to enter into this partnership with Bank of Baroda.

Detailed explanation-4: -Indian Bank has entered into an MoU with the Society for Innovation and Entrepreneurship (SINE), IIT Bombay.

Detailed explanation-5: -There are 810 companies, including 11 unicorns, founded by alumni of IIT Madras. These companies have raised over USD 15.17B in funding from 1802 investors. Here is a list of the top 10 most exciting ones.

There is 1 question to complete.