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With reference to the Mehar Baba Competition -II, consider the following statements:
1. The competition is aimed at developing technology for a "Swarm Drone Based System to Detect Foreign Objects on Aircraft Operating Surfaces".
2. The first edition of the competition was launched in 2008.
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?
Most Upvoted Answer
With reference to the Mehar Baba Competition -II, consider the followi...
The last date for registration in the Mehar Baba Competition -II is 02 October 2022.
  • To provide a boost to the growing indigenous drone industry, Raksha Mantri had launched the "MEHAR BABA COMPETITION-II" on 06 April 2022 at Air Headquarters (Vayu Bhawan).
  • The competition is aimed at developing technology for a "Swarm Drone Based System to Detect Foreign Objects on Aircraft Operating Surfaces".
  • The competition is named after the legendary Air Commodore Mehar Singh, MVC, DSO - affectionately also known as Mehar Baba.
  • The first edition of the competition was launched in October 2018 and had culminated in October 2021.
Hence, option (a) is the correct answer.
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PASSAGE IIIThe need for Competition Law becomes more evident when foreign direct investment (FDI) is liberalised. The impact of FDI is not always pro-competitive. Very often FDI takes the form of a foreign corporation acquiring a domestic enterprise or establishing a joint venture with one. By making such an acquisition the foreign investor may substantially lessen competition and gain a dominant position in the relevant market, thus charging higher prices. Another scenario is where the affiliates of two separate multinational companies (MNCs) have been established in competition with one another in a particular developing economy, following the liberisation of FDI. Subsequently, the parent companies overseas merge. With the affiliates no longer remaining independent, competition in the host country may be artificially inflated. Most of these adverse consequences of mergers and acquisitions by MNCs can be avoided if an effective competition law is in place. Also, an economy that has implemented an effective competition law is in a better position to attract FDI than one that has not. This is not just because most MNCs are expected to be accustomed to the operation of such a law in their home countries and know how to deal with such concerns but also that MNCs expect competition authorities to ensure a level playing field between domestic and foreign firms.Q. With reference to the passage, consider the following statements:1. It is desirable that the impact of Foreign Direct investment should be pro-competitive.2. The entry of foreign investors invariably leads to the inflated prices in domestic markets.Which of the statements given above is/are correct?

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With reference to the Mehar Baba Competition -II, consider the following statements:1. The competition is aimed at developing technology for a "Swarm Drone Based System to Detect Foreign Objects on Aircraft Operating Surfaces".2. The first edition of the competition was launched in 2008.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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