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Consider the following statements regarding India Innovation Index, 2022.
- India Innovation Index was released by Ministry of Statistics and Programme Implementation (MOSPI).
- It determines innovation capacities at the sub-national level.
- At present India is among the top 25 nations in the Global Innovation Index.
Which of the above statements is/are correct?
- a)1, 2
- b)2 only
- c)2, 3
- d)1, 3
Correct answer is option 'B'. Can you explain this answer?
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Consider the following statements regarding India Innovation Index, 20...
Karnataka has bagged the top rank in NITI Aayog’s India Innovation Index, 2022, which determines innovation capacities and ecosystems at the sub-national level. The State has held this position, under the Major States category, in all three editions of the Index so far.
Pointing out that India’s average innovation score is arguably insufficient, given the country’s ambitious targets to be named among the top 25 nations in the Global Innovation Index, the report by the government think tank has recommended measures, such as increasing Gross Domestic Expenditure on R&D (GDERD), promoting private sector participation in R&D and closing the gap between industry demand and what the country produces through its education systems.
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Consider the following statements regarding India Innovation Index, 20...
Correct Answer:
Statement 1: India Innovation Index was released by Ministry of Statistics and Programme Implementation (MOSPI).
Statement 2: It determines innovation capacities at the sub-national level.
Statement 3: At present India is among the top 25 nations in the Global Innovation Index.
Explanation:
The correct answer is option 'B', i.e., 2 only.
Statement 1: India Innovation Index was released by Ministry of Statistics and Programme Implementation (MOSPI).
This statement is incorrect. The India Innovation Index is not released by the Ministry of Statistics and Programme Implementation (MOSPI). It is released by the NITI Aayog (National Institution for Transforming India) - the government think tank of India. The index aims to promote competitiveness and innovation among Indian states.
Statement 2: It determines innovation capacities at the sub-national level.
This statement is correct. The India Innovation Index determines the innovation capacities of Indian states at the sub-national level. It assesses the innovation ecosystem of each state based on various parameters such as human capital, investments, knowledge workers, business environment, etc. This helps in identifying the strengths and weaknesses of different states and provides a platform for states to learn from each other and improve their innovation ecosystems.
Statement 3: At present India is among the top 25 nations in the Global Innovation Index.
This statement is incorrect. As of 2021, India is not among the top 25 nations in the Global Innovation Index (GII). The GII is an annual ranking of countries based on their innovation performance and capabilities. It is released by the World Intellectual Property Organization (WIPO). While India has been making efforts to improve its innovation ecosystem, it is currently ranked lower in the GII. However, initiatives like the India Innovation Index aim to promote innovation and improve India's ranking in global innovation indices.
To summarize, statement 2 is correct as the India Innovation Index determines innovation capacities at the sub-national level. Statements 1 and 3 are incorrect as the India Innovation Index is released by NITI Aayog, not MOSPI, and India is not among the top 25 nations in the Global Innovation Index.
Statement 1: India Innovation Index was released by Ministry of Statistics and Programme Implementation (MOSPI).
Statement 2: It determines innovation capacities at the sub-national level.
Statement 3: At present India is among the top 25 nations in the Global Innovation Index.
Explanation:
The correct answer is option 'B', i.e., 2 only.
Statement 1: India Innovation Index was released by Ministry of Statistics and Programme Implementation (MOSPI).
This statement is incorrect. The India Innovation Index is not released by the Ministry of Statistics and Programme Implementation (MOSPI). It is released by the NITI Aayog (National Institution for Transforming India) - the government think tank of India. The index aims to promote competitiveness and innovation among Indian states.
Statement 2: It determines innovation capacities at the sub-national level.
This statement is correct. The India Innovation Index determines the innovation capacities of Indian states at the sub-national level. It assesses the innovation ecosystem of each state based on various parameters such as human capital, investments, knowledge workers, business environment, etc. This helps in identifying the strengths and weaknesses of different states and provides a platform for states to learn from each other and improve their innovation ecosystems.
Statement 3: At present India is among the top 25 nations in the Global Innovation Index.
This statement is incorrect. As of 2021, India is not among the top 25 nations in the Global Innovation Index (GII). The GII is an annual ranking of countries based on their innovation performance and capabilities. It is released by the World Intellectual Property Organization (WIPO). While India has been making efforts to improve its innovation ecosystem, it is currently ranked lower in the GII. However, initiatives like the India Innovation Index aim to promote innovation and improve India's ranking in global innovation indices.
To summarize, statement 2 is correct as the India Innovation Index determines innovation capacities at the sub-national level. Statements 1 and 3 are incorrect as the India Innovation Index is released by NITI Aayog, not MOSPI, and India is not among the top 25 nations in the Global Innovation Index.
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Consider the following statements regarding India Innovation Index, 2022. India Innovation Index was released by Ministry of Statistics and Programme Implementation (MOSPI). It determines innovation capacities at the sub-national level. At present India is among the top 25 nations in the Global Innovation Index.Which of the above statements is/are correct?a)1, 2b)2 onlyc)2, 3d)1, 3Correct answer is option 'B'. Can you explain this answer?
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