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Consider the following statements regarding iDEX (Innovations for Defence Excellence):
- It is the flagship initiative of the Ministry of Defence (MoD) to achieve self-reliance and foster innovation in Defence and Aerospace sector.
- Under iDEX, financial support is provided only to Start-ups and MSMEs.
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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Consider the following statements regarding iDEX (Innovations for Defe...
IDEX (Innovations for Defence Excellence)
Overview:
iDEX is an initiative of the Ministry of Defence (MoD) to achieve self-reliance and foster innovation in the Defence and Aerospace sector. It was launched in 2018 and is managed by the Defence Innovation Organization (DIO).
Statement Analysis:
Statement 1: It is the flagship initiative of the Ministry of Defence (MoD) to achieve self-reliance and foster innovation in Defence and Aerospace sector.
This statement is true. iDEX is the flagship initiative of MoD to promote innovation and self-reliance in the Defence and Aerospace sector.
Statement 2: Under iDEX, financial support is provided only to Start-ups and MSMEs.
This statement is false. Under iDEX, financial support is provided to start-ups, MSMEs, individual innovators, and academia. The aim is to support all stakeholders who can contribute to the innovation ecosystem in the Defence and Aerospace sector.
Conclusion:
Hence, the correct answer is option A, i.e., Statement 1 only.
Overview:
iDEX is an initiative of the Ministry of Defence (MoD) to achieve self-reliance and foster innovation in the Defence and Aerospace sector. It was launched in 2018 and is managed by the Defence Innovation Organization (DIO).
Statement Analysis:
Statement 1: It is the flagship initiative of the Ministry of Defence (MoD) to achieve self-reliance and foster innovation in Defence and Aerospace sector.
This statement is true. iDEX is the flagship initiative of MoD to promote innovation and self-reliance in the Defence and Aerospace sector.
Statement 2: Under iDEX, financial support is provided only to Start-ups and MSMEs.
This statement is false. Under iDEX, financial support is provided to start-ups, MSMEs, individual innovators, and academia. The aim is to support all stakeholders who can contribute to the innovation ecosystem in the Defence and Aerospace sector.
Conclusion:
Hence, the correct answer is option A, i.e., Statement 1 only.
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Consider the following statements regarding iDEX (Innovations for Defe...
The Indian Army recenty said it has sealed a deal with a Bengaluru-based company to procure the indigenously-developed "tactical LAN radio".
Why in News?
- It is the second contract that the Army has firmed up under the framework of Innovations for Defence Excellence (iDEX).
About Tactical LAN Radio:
- It is a state-of-the-art high-bandwidth backhaul wireless radio equipment for the provisioning of reliable and failsafe communication.
- The LAN radio solution offers an enhanced range of communication and embedded frequency hopping mechanism to preclude chances of interception.
- It provides long-range point-to-multipoint high-bandwidth communication.
- The system also incorporates enhanced safety features and can operate continuously for 48 hours on a single-set basis, without any breakdown.
What is What is iDEX (Innovations for Defence Excellence)?
- It is the flagship initiative of the Ministry of Defence (MoD), launched in April 2018.
- Aim: To achieve self-reliance and foster innovation and technology development in Defence and Aerospace by engaging Industries including MSMEs, start-ups, individual innovators, R&D institutes and academia.
- iDEX has partnered with leading incubators in the country to provide handholding, technical support and guidance to the winners of iDEX challenges.
- iDEX will be funded and managed by a ‘Defence Innovation Organization (DIO)’ which has been formed as a ‘not for profit company as per Section 8 of the Companies Act 2013 by the two founder members, i.e. Defence Public Sector Undertakings (DPSUs) - HAL & BEL.
- iDEX willfunction as the executive arm of DIO, carrying out all the required activities, while DIO will provide high-level policy guidance to iDEX.
- Under iDEX, financial support is provided to Start-ups/MSMEs/individual innovators and Partner Incubators through DIO.
Hence only statement 1 is correct.
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Consider the following statements regarding iDEX (Innovations for Defence Excellence): It is theflagship initiative of the Ministry of Defence (MoD) toachieve self-reliance and foster innovationin Defence and Aerospacesector. Under iDEX,financial support is provided only to Start-ups and MSMEs.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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Consider the following statements regarding iDEX (Innovations for Defence Excellence): It is theflagship initiative of the Ministry of Defence (MoD) toachieve self-reliance and foster innovationin Defence and Aerospacesector. Under iDEX,financial support is provided only to Start-ups and MSMEs.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? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding iDEX (Innovations for Defence Excellence): It is theflagship initiative of the Ministry of Defence (MoD) toachieve self-reliance and foster innovationin Defence and Aerospacesector. Under iDEX,financial support is provided only to Start-ups and MSMEs.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? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding iDEX (Innovations for Defence Excellence): It is theflagship initiative of the Ministry of Defence (MoD) toachieve self-reliance and foster innovationin Defence and Aerospacesector. Under iDEX,financial support is provided only to Start-ups and MSMEs.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?.
Consider the following statements regarding iDEX (Innovations for Defence Excellence): It is theflagship initiative of the Ministry of Defence (MoD) toachieve self-reliance and foster innovationin Defence and Aerospacesector. Under iDEX,financial support is provided only to Start-ups and MSMEs.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? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding iDEX (Innovations for Defence Excellence): It is theflagship initiative of the Ministry of Defence (MoD) toachieve self-reliance and foster innovationin Defence and Aerospacesector. Under iDEX,financial support is provided only to Start-ups and MSMEs.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? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding iDEX (Innovations for Defence Excellence): It is theflagship initiative of the Ministry of Defence (MoD) toachieve self-reliance and foster innovationin Defence and Aerospacesector. Under iDEX,financial support is provided only to Start-ups and MSMEs.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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