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With reference to the Innovations for Defence Excellence, consider the following statements:
1. It was launched by Prime Minister Shri Narendra Modi in 2014.
2. It acts like an umbrella organisation to oversee technology development and potential collaborations in this specific field.
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 'B'. Can you explain this answer?
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With reference to the Innovations for Defence Excellence, consider the...
Innovations for Defence Excellence (iDEX) is a flagship program launched by the Government of India in 2018 to support innovation and technology development in the defence sector. Let's evaluate the given statements:
Statement 1: It was launched by Prime Minister Shri Narendra Modi in 2014.
This statement is incorrect. The iDEX program was launched by the Prime Minister on April 29, 2018, as part of the Defence Innovation Organisation (DIO).
Statement 2: It acts like an umbrella organisation to oversee technology development and potential collaborations in this specific field.
This statement is correct. The iDEX program acts as an umbrella organization to provide financial support, incubation facilities, and mentorship to startups, MSMEs, and individual innovators working towards developing innovative solutions for the defence sector. It also facilitates collaborations with the Indian defence industry, armed forces, and research organizations.
Therefore, the correct answer is option B, i.e., statement 2 only.
Statement 1: It was launched by Prime Minister Shri Narendra Modi in 2014.
This statement is incorrect. The iDEX program was launched by the Prime Minister on April 29, 2018, as part of the Defence Innovation Organisation (DIO).
Statement 2: It acts like an umbrella organisation to oversee technology development and potential collaborations in this specific field.
This statement is correct. The iDEX program acts as an umbrella organization to provide financial support, incubation facilities, and mentorship to startups, MSMEs, and individual innovators working towards developing innovative solutions for the defence sector. It also facilitates collaborations with the Indian defence industry, armed forces, and research organizations.
Therefore, the correct answer is option B, i.e., statement 2 only.
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With reference to the Innovations for Defence Excellence, consider the...
Innovations for Defence Excellence, Defence Innovation Organisation (iDEX-DIO), under the aegis of Department of Defence Production (DDP), Ministry of Defence has organised DefConnect 2.0 at Vigyan Bhawan, New Delhi on April 22, 2022.
- The event was inaugurated by Raksha Mantri Shri Rajnath Singh. The event will attract a large number of innovators and investors from India’s leading industries in the defence sector.
- The DefConnect will provide a unique opportunity for innovators associated with iDEX-DIO to showcase their capabilities, products and state-of-the-art-technologies to the target audience of the industry leaders.
- The iDEX, launched by Prime Minister Shri Narendra Modi in 2018, essentially provides a unified platform for various stakeholders in the defence and aerospace sectors.
- It acts like an umbrella organisation to oversee technology development and potential collaborations in this specific field.
- Platforms like the iDEX enable the military to find disruptive solutions to complex challenges through its flagship programmes like Defence India Startup Challenges (DISC) and Open Challenges (OC) which shall be the key components for the future of military technology.
- Till date, iDEX has launched five rounds of DISC and three rounds of OC, receiving more than 2,000 applications from individual innovators and start-ups.
- Furthermore, iDEX has been able to fund projects in numerous technological areas through its Grant-in-Aid framework, Support for Prototype and Research Kickstart (SPARK), which entail provisioning of grant up to Rs 1.50 crore to budding entrepreneurs.
Hence only statement 2 is correct.
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With reference to the Innovations for Defence Excellence, consider the following statements:1. It was launched by Prime Minister Shri Narendra Modi in 2014.2. It acts like an umbrella organisation to oversee technology development and potential collaborations in this specific field.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 'B'. Can you explain this answer?
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