2022
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Indian Institute of Management Kozhikode has partnered with which bank through its Business incubator LIVE to disburse the loan to startups under the startup funding scheme, ‘IndSpring Board’?
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Bank of Baroda
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Indian Bank
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State Bank of India
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Punjab National Bank
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Explanation:
Detailed explanation-1: -Detailed Solution. The correct answer is Indian Bank. The IIM Kozhikode’s Business incubator Laboratory for Innovation Venturing and Entrepreneurship (LIVE) and Indian Bank have signed an MoU. They launched a startup funding scheme, ‘IndSpring Board’ to support early-stage startups by providing loans upto Rs 50 crore.
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