Arjun has previously been a part of the Mumbai Under-14, Under-16, and Under-19 teams.
Arjun Tendulkar has been selected for the 2 four-day matches on the Sri Lanka tour.
A former off spinner, Kapoor played four Tests and 17 ODIs for India, including the 1996 ICC World Cup.
Rahul Dravid had to given up his mentorship role for Delhi Daredevils (DD) after finding himself in middle of conflict of interest.
Venkatesh Prasad, who has worked as the head of the junior national selection committee for 30 months, of late shared a cold relationship with the BCCI mandarins.
In the finals of the then World Cup in Malaysia, India defeated South Africa to win by 12 runs by the Duckworth-Lewis method.
The all-rounder will also be seen playing for Delhi Daredevils in the 11th edition of the Indian Premier League (IPL) starting on April 7.
Delhi-boy Kalra emerged as the man for the big occasion, scoring a sublime 101 not out off 102 balls in the final.
Manjot Kalra grabbed the eyeballs of the cricket fraternity with his unbeaten 101-run knock as the India Under-19 chased down Australia's target of 217 in ICC Under-19 World Cup Final.
Rahul Dravid may be a strict disciplinarian but the victorious India U-19 team was given sufficient freedom during its month-long stay in New Zealand.