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With reference to the SPRINT Scheme, consider the following statements:
- It is an initiative to promote the development of niche defence technologies by domestic companies.
- It was launched by Defence Research and Development Organisation.
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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Most Upvoted Answer
With reference to the SPRINT Scheme, consider the following statements...
The correct answer is option 'a', which means that only statement 1 is correct.
Explanation:
The SPRINT Scheme is an initiative launched by the Defence Research and Development Organisation (DRDO) in collaboration with the Indian industry. It aims to promote the development of niche defence technologies by domestic companies.
1. It is an initiative to promote the development of niche defence technologies by domestic companies:
The SPRINT Scheme is specifically designed to support and encourage the development of niche technologies in the defence sector. It provides financial assistance and technical support to Indian companies, including startups and MSMEs (Micro, Small, and Medium Enterprises), to develop innovative technologies in the defence domain. The scheme focuses on technologies that have potential military applications and are not readily available in the market. By promoting the development of such technologies, the SPRINT Scheme aims to enhance self-reliance and indigenization in the defence sector.
2. It was launched by Defence Research and Development Organisation:
This statement is incorrect. The SPRINT Scheme was indeed launched by the DRDO, but it was launched in collaboration with the Indian industry. The objective of this collaboration is to leverage the expertise and capabilities of the Indian industry in developing cutting-edge defence technologies. The DRDO provides technical guidance, expertise, and funding support to the selected companies under the scheme. However, it is important to note that the SPRINT Scheme is not solely an initiative of the DRDO but a joint effort between the DRDO and the Indian industry.
In conclusion, the correct statement is that the SPRINT Scheme is an initiative to promote the development of niche defence technologies by domestic companies. It was launched by the DRDO in collaboration with the Indian industry.
Explanation:
The SPRINT Scheme is an initiative launched by the Defence Research and Development Organisation (DRDO) in collaboration with the Indian industry. It aims to promote the development of niche defence technologies by domestic companies.
1. It is an initiative to promote the development of niche defence technologies by domestic companies:
The SPRINT Scheme is specifically designed to support and encourage the development of niche technologies in the defence sector. It provides financial assistance and technical support to Indian companies, including startups and MSMEs (Micro, Small, and Medium Enterprises), to develop innovative technologies in the defence domain. The scheme focuses on technologies that have potential military applications and are not readily available in the market. By promoting the development of such technologies, the SPRINT Scheme aims to enhance self-reliance and indigenization in the defence sector.
2. It was launched by Defence Research and Development Organisation:
This statement is incorrect. The SPRINT Scheme was indeed launched by the DRDO, but it was launched in collaboration with the Indian industry. The objective of this collaboration is to leverage the expertise and capabilities of the Indian industry in developing cutting-edge defence technologies. The DRDO provides technical guidance, expertise, and funding support to the selected companies under the scheme. However, it is important to note that the SPRINT Scheme is not solely an initiative of the DRDO but a joint effort between the DRDO and the Indian industry.
In conclusion, the correct statement is that the SPRINT Scheme is an initiative to promote the development of niche defence technologies by domestic companies. It was launched by the DRDO in collaboration with the Indian industry.
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With reference to the SPRINT Scheme, consider the following statements: It is an initiative to promote the development of niche defence technologies by domestic companies. It was launched by Defence Research and Development Organisation.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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