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    Question

    Consider the following statements about the SFURTI

    scheme, often seen in the news:     1. It was launched by the Ministry of Trade and Commerce.   2. SFURTI clusters have been set up to promote Entrepreneurship in emerging fields like Industry 4.0, Artificial Intelligence, etc.   Which of the above statement(s) is/are not correct?
    A 1 only Correct Answer Incorrect Answer
    B 2 only Correct Answer Incorrect Answer
    C Both 1 and 2 Correct Answer Incorrect Answer
    D Neither 1 nor 2 Correct Answer Incorrect Answer

    Solution

    Union Minister for MSME, Shri Nitin Gadkari, inaugurated a two-day Workshop on the implementation of traditional artisan clusters under the Scheme of Fund for Regeneration of Traditional Industries (SFURTI). About SFURTI (Scheme of Fund for Regeneration of Traditional Industries): Ministry of Micro Small and Medium Enterprises (MSME.  Launched in 2005 to promote Artisan Cluster development.

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