Atal Ranking of Institutions on Innovation Achievements is an initiative by:

Ministry of Education

The correct answer is Option (3) - Ministry of Education

The Atal Ranking of Institutions on Innovation Achievements (ARIIA) is an initiative by the Ministry of Education, Government of India. It aims to promote innovation and entrepreneurship in Indian higher education institutions by recognizing and rewarding institutions that excel in fostering a culture of innovation. ARIIA assesses institutions based on various parameters related to innovation, research, and development activities, thereby encouraging them to enhance their innovation ecosystem and contribute to the country's socio-economic growth.