What is the total corpus of the Fund of Funds for Startups (FFS) Scheme established by the Government of India to support the Indian startup ecosystem?

Correct option is C

The total corpus of the Fund of Funds for Startups (FFS) Scheme is ₹10,000 crore.
Fund of Funds for Startups (FFS) Scheme:
· Establishment: FFS was approved and established in 2016 with a total corpus of ₹10,000 crore.
· Objective: The scheme was created to boost the Indian startup ecosystem and provide access to domestic capital for startups.
· Operation: The Small Industries Development Bank of India (SIDBI) operates the FFS, providing capital to SEBI-registered Alternate Investment Funds (AIFs), known as daughter funds.
· Investment Requirement: AIFs supported by FFS are required to invest at least twice the amount committed under the FFS scheme in Indian startups.
· Capital Distribution: The corpus is spread over the 14th and 15th Finance Commission cycles based on the progress of the scheme and availability of funds.