Explanation:

Recently, Ministry of Agriculture is funding start-ups under the innovation and agri-preneurship component of Rashtriya Krishi Vikas Yojana in 2020-21.

• A component, Innovation and Agri-entrepreneurship Development programme has been launched under Rashtriya Krishi Vikas Yojana in order to promote innovation and agripreneurship by providing financial support and nurturing the incubation ecosystem.
• These start-ups are in various categories such as agro-processing, artificial intelligence, digital agriculture, farm mechanisation, waste to wealth, dairy, fisheries etc.

The following are the components of this scheme:

• Agripreneurship Orientation: 2 months duration with a monthly stipend of Rs. 10,000/- per month. Mentorship is provided on financial, technical, IP issues etc.
• Seed Stage Funding of R-ABI Incubatees: Funding upto Rs. 25 lakhs (85% grant & 15% contribution from the incubatee).
• Idea/Pre-Seed Stage Funding of Agripreneurs: Funding up to Rs. 5 lakhs (90% grant and 10% contribution from the incubatee).

Hence option 3rd is correct.