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Consider the following statements regarding Innovations for Defence Excellence:
1. It aims to achieve self-reliance and foster innovation and technology development in Defence and Aerospace.
2. It is funded and managed by the Defence Research and Development Organisation (DRDO)
Which of the statements given above is/are correct?
- a)1 only
- b)2 only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'A'. Can you explain this answer?
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Verified Answer
Consider the following statements regarding Innovations for Defence Ex...
- The Innovations for Defence Excellence (iDEX) initiative was launched by the Prime Minister in April 2018.
- It aims to achieve self - reliance and foster innovation and technology development in Defence and Aerospace by engaging Industries including Micro, Small and Medium Enterprises (MSMEs), start-ups, individual innovators, R&D institutes and academia. Hence, option 1 is correct.
- iDEX is funded and managed by the Defence Innovation Organisation (DIO), and functions as the executive arm of DIO. Hence, option 2 is incorrect.
Most Upvoted Answer
Consider the following statements regarding Innovations for Defence Ex...
The correct answer is option 'a' - 1 only.
Explanation:
Innovations for Defence Excellence (iDEX) is an initiative launched by the Indian government to achieve self-reliance and foster innovation and technology development in the Defence and Aerospace sectors. Let's examine each statement to understand why only statement 1 is correct.
1. It aims to achieve self-reliance and foster innovation and technology development in Defence and Aerospace.
This statement is correct. The objective of iDEX is to promote innovation and technology development in the Defence and Aerospace sectors. It aims to create an ecosystem that encourages startups, innovators, and MSMEs (Micro, Small, and Medium Enterprises) to develop innovative solutions for the defence industry. Through this initiative, the government seeks to reduce dependence on imports and enhance indigenous capabilities in the defence sector.
2. It is funded and managed by the Defence Research and Development Organisation (DRDO).
This statement is incorrect. iDEX is not funded and managed by the DRDO. It is a program initiated by the Department of Defence Production (DDP) under the Ministry of Defence. The DDP is responsible for promoting indigenous manufacturing and development of the defence industry in India. The DRDO, on the other hand, is the research and development wing of the Ministry of Defence and focuses on developing advanced technologies for the defence sector.
In conclusion, statement 1 is correct as iDEX aims to achieve self-reliance and foster innovation and technology development in Defence and Aerospace. However, statement 2 is incorrect as iDEX is not funded and managed by the DRDO.
Explanation:
Innovations for Defence Excellence (iDEX) is an initiative launched by the Indian government to achieve self-reliance and foster innovation and technology development in the Defence and Aerospace sectors. Let's examine each statement to understand why only statement 1 is correct.
1. It aims to achieve self-reliance and foster innovation and technology development in Defence and Aerospace.
This statement is correct. The objective of iDEX is to promote innovation and technology development in the Defence and Aerospace sectors. It aims to create an ecosystem that encourages startups, innovators, and MSMEs (Micro, Small, and Medium Enterprises) to develop innovative solutions for the defence industry. Through this initiative, the government seeks to reduce dependence on imports and enhance indigenous capabilities in the defence sector.
2. It is funded and managed by the Defence Research and Development Organisation (DRDO).
This statement is incorrect. iDEX is not funded and managed by the DRDO. It is a program initiated by the Department of Defence Production (DDP) under the Ministry of Defence. The DDP is responsible for promoting indigenous manufacturing and development of the defence industry in India. The DRDO, on the other hand, is the research and development wing of the Ministry of Defence and focuses on developing advanced technologies for the defence sector.
In conclusion, statement 1 is correct as iDEX aims to achieve self-reliance and foster innovation and technology development in Defence and Aerospace. However, statement 2 is incorrect as iDEX is not funded and managed by the DRDO.
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Consider the following statements regarding Innovations for Defence Excellence:1. It aims to achieve self-reliance and foster innovation and technology development in Defence and Aerospace.2. It is funded and managed by the Defence Research and Development Organisation (DRDO)Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?
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