Which of the following statements is/are correct regarding National Innovation Foundation-India (NIF

Question

Which of the following statements is/are correct regarding National Innovation Foundation-India (NIF)?NIF is an autonomous body of the Department of Science and Technology under the Central Government.NIF is an initiative to strengthen the highly advanced scientific research in India's premier scientific institutions in collaboration with highly advanced foreign scientific institutions.Select the correct answer using the codes given below.

Accepted Answer

National Innovation Foundation-India is an autonomous body of the Department of Science and Technology, Government of India, based on the Honey Bee Network philosophy, which provides institutional support to grassroots innovators and outstanding traditional knowledge holders from the unorganized sector of the society.So statement 1 is correct and statement 2 is incorrect.