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Telangana Launches ₹12.66 Crore Challenge Fund for Rural Entrepreneurs

The Telangana government has initiated a ₹12.66 crore 'Challenge Fund' aimed at fostering entrepreneurship in rural areas of the state.
The program is implemented in partnership with the Society for Elimination of Rural Poverty (SERP) and BITS Pilani’s Technology Business Incubator Society (TBIS).
The fund is designed to support over 300 women and young entrepreneurs by providing enterprise diagnostics and customized growth roadmaps.
This initiative is part of the National Rural Livelihoods Mission (NRLM) Incubator Programme, supported by the Union Ministry of Rural Development.
Why it matters: It creates a structured support system for micro-enterprises to scale up, contributing to rural economic stability and self-employment.

Key Facts / Static GK

Telangana Capital: Hyderabad
Telangana Chief Minister: Revanth Reddy
NRLM Launched: 2011

Practice Quiz — 7 March 2026

Q1. Which index will serve as the base for the new derivatives approved by SEBI for the Bombay Stock Exchange in March 2026?

Q2. Who has been appointed as the Brand Ambassador for SBI General Insurance's 'Chuniye Bharosa, Apno Sa' campaign?

Q3. Regarding the 'YES Essence Women’s Salary Account', which of the following statements is/are correct? I. It offers a ₹5 lakh top-up health cover. II. It provides 5% cashback on the Elegance Debit Card up to ₹10,000 annually. III. The minimum age for eligibility is 18 years.

Q4. From which date has IRDAI proposed the mandatory adoption of Indian Accounting Standards (Ind AS) for all insurers?

Q5. What regulatory change by SEBI in December 2025 facilitated EPFO's investment in the Raajmarg Infra InvIT (RIIT) IPO?

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