ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -SCIENCE AND ENGINEERING RESEARCH BOARD (SERB) is the premier national research funding agency, that raises the quality and footprint of Indian science and engineering to the highest global levels in an accelerated mode, through calibrated support for research and development.

Detailed explanation-2: -The Science and Engineering Research Board (SERB) is the premier national funding agency for research in India.

Detailed explanation-3: -In the last 10 years, the federal government has increased funding for research and development (R&D)-investing $179.5 billion in FY 2021. DOD and the Department of Health and Human Services received 77% of the FY 2021 funding.

Detailed explanation-4: -Funding agencies are Govt. or Non-govt. body providing monitory grants for scientific research Areas-Science and Technology, Social sciences, etc. In India various funding agencies are available which provide grants for a research in a various field.