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Consider the following statements regarding the U.S.-India initiative on Critical and Emerging Technology (iCET):
  1. The goal of the initiative is to elevate and expand strategic technology partnership and defense industrial cooperation between the two countries.
  2. The initiative will be spearheaded by the Department of Science and Technology in India and the Office of Science and Technology Policy in the US.
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
Consider the following statements regarding the U.S.-India initiative ...
U.S.-India initiative on Critical and Emerging Technology (iCET)

Goal of the initiative:

The U.S.-India initiative on Critical and Emerging Technology (iCET) aims to elevate and expand strategic technology partnership and defense industrial cooperation between the two countries.

Spearheaded by:

The initiative will be spearheaded by the Department of Science and Technology in India and the Office of Science and Technology Policy in the US.

Correct statement:

The correct statement is option 'A', which states that statement 1 only is correct.
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Community Answer
Consider the following statements regarding the U.S.-India initiative ...
India’s Minister of Commerce and Industry and U.S. Secretary of Commerce welcomed the recently launched U.S.-India initiative on Critical and Emerging Technology (iCET).
About the U.S.-India initiative on Critical and Emerging Technology (iCET):
  • It was launched by the US President and Indian Prime Minister on the sidelines of the Quad summit on May 2022.
  • Goal: To elevate and expand Indo-U.S. strategic technology partnership and defense industrial cooperation between the governments, businesses, and academic institutions of the two countries. 
  • The initiative will be spearheaded by the National Security Council Secretariat in India and the US National Security Council.
  • The initiative would help forge links between the government, academia, and industry in areas such as AI, quantum computing, 5G/6G, biotech, space, and semiconductors.
  • Under iCET, the two sides have identified six focus areas of co-development and co-production: 
  • strengthening innovation ecosystems;
  • defense innovation and technology cooperation;
  • resilient semiconductor supply chains;
  • space;
  • STEM (science, technology, engineering, and math) talent;
  • next-generation telecom;
Hence only statement 1 is correct.
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Consider the following statements regarding the U.S.-India initiative on Critical and Emerging Technology (iCET): The goal of the initiative is to elevate and expand strategic technology partnership and defense industrial cooperation between the two countries. The initiative will be spearheaded by the Department of Science and Technology in India and the Office of Science and Technology Policy in the US.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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