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Consider the following statements regarding Technology Development Fund (TDF) Scheme:
- It has been established to promote self-reliance in semiconductor manufacturingas a part of the 'Make in India' initiative.
- It is a programme of the Ministry of Science and Technology executed by the Council of Scientific & Industrial Research (CSIR).
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 'D'. Can you explain this answer?
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Verified Answer
Consider the following statements regarding Technology Development Fun...
Minister of State in the Defence Ministry recently said the Technology Development Fund (TDF) Scheme has so far supported 41 MSMEs and 20 startups.
About Technology Development Fund (TDF) Scheme:
- TDF Scheme has been established to promote self-reliance in defence technology as a part of the 'Make in India' initiative.
- It is a programme of MoD (Ministry of Defence) executed by the Defence Research and Development Organisation (DRDO) meeting the requirements of Tri-Services, Defence Production and DRDO.
- The scheme encourages participation of public/private industries especially MSMEs to create an eco-system for enhancing cutting edge technology capability for defence application.
- It supports indigenous development of components, products, systems and technologies by MSMEs and start-ups.
- Eligibility:
- MSMEs and Startups registered in India.
- Public limited company, private limited company,partnership firms, limited liability partnership, one-person company, sole proprietorship registered as per applicable Indian laws.
- The industry has to be owned and controlled by an Indian citizen.
- Industries with foreign investments of 49% or less.
- Funding Support:
- The funding will be through provision of grants to the Industry.
- The project cost of up to INR 10 Cr will be considered for funding, subject to a maximum of 90% of the total project cost.
- Industry may work in collaboration with academia or research institutions.
- The work involvement of academia cannot exceed 40% of the total project cost.
- The funding will be linked to mutually agreed milestones.
- Funds will be released either in advance against a bank guarantee of the same amount as collateral, or reimbursement based on the completion of milestones.
- Subsequent installments will be released on successful completion of milestones.
- Project Duration:Maximum development period will be two years.
Hence both statements are not correct.
Most Upvoted Answer
Consider the following statements regarding Technology Development Fun...
Minister of State in the Defence Ministry recently said the Technology Development Fund (TDF) Scheme has so far supported 41 MSMEs and 20 startups.
About Technology Development Fund (TDF) Scheme:
- TDF Scheme has been established to promote self-reliance in defence technology as a part of the 'Make in India' initiative.
- It is a programme of MoD (Ministry of Defence) executed by the Defence Research and Development Organisation (DRDO) meeting the requirements of Tri-Services, Defence Production and DRDO.
- The scheme encourages participation of public/private industries especially MSMEs to create an eco-system for enhancing cutting edge technology capability for defence application.
- It supports indigenous development of components, products, systems and technologies by MSMEs and start-ups.
- Eligibility:
- MSMEs and Startups registered in India.
- Public limited company, private limited company,partnership firms, limited liability partnership, one-person company, sole proprietorship registered as per applicable Indian laws.
- The industry has to be owned and controlled by an Indian citizen.
- Industries with foreign investments of 49% or less.
- Funding Support:
- The funding will be through provision of grants to the Industry.
- The project cost of up to INR 10 Cr will be considered for funding, subject to a maximum of 90% of the total project cost.
- Industry may work in collaboration with academia or research institutions.
- The work involvement of academia cannot exceed 40% of the total project cost.
- The funding will be linked to mutually agreed milestones.
- Funds will be released either in advance against a bank guarantee of the same amount as collateral, or reimbursement based on the completion of milestones.
- Subsequent installments will be released on successful completion of milestones.
- Project Duration:Maximum development period will be two years.
Hence both statements are not correct.
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Community Answer
Consider the following statements regarding Technology Development Fun...
Minister of State in the Defence Ministry recently said the Technology Development Fund (TDF) Scheme has so far supported 41 MSMEs and 20 startups.
About Technology Development Fund (TDF) Scheme:
- TDF Scheme has been established to promote self-reliance in defence technology as a part of the 'Make in India' initiative.
- It is a programme of MoD (Ministry of Defence) executed by the Defence Research and Development Organisation (DRDO) meeting the requirements of Tri-Services, Defence Production and DRDO.
- The scheme encourages participation of public/private industries especially MSMEs to create an eco-system for enhancing cutting edge technology capability for defence application.
- It supports indigenous development of components, products, systems and technologies by MSMEs and start-ups.
- Eligibility:
- MSMEs and Startups registered in India.
- Public limited company, private limited company,partnership firms, limited liability partnership, one-person company, sole proprietorship registered as per applicable Indian laws.
- The industry has to be owned and controlled by an Indian citizen.
- Industries with foreign investments of 49% or less.
- Funding Support:
- The funding will be through provision of grants to the Industry.
- The project cost of up to INR 10 Cr will be considered for funding, subject to a maximum of 90% of the total project cost.
- Industry may work in collaboration with academia or research institutions.
- The work involvement of academia cannot exceed 40% of the total project cost.
- The funding will be linked to mutually agreed milestones.
- Funds will be released either in advance against a bank guarantee of the same amount as collateral, or reimbursement based on the completion of milestones.
- Subsequent installments will be released on successful completion of milestones.
- Project Duration:Maximum development period will be two years.
Hence both statements are not correct.
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Consider the following statements regarding Technology Development Fund (TDF) Scheme: It has been established to promote self-reliance in semiconductor manufacturingas a part of the Make in India initiative. It is a programme of the Ministry of Science and Technology executed by the Council of Scientific & Industrial Research (CSIR).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 'D'. Can you explain this answer?
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Consider the following statements regarding Technology Development Fund (TDF) Scheme: It has been established to promote self-reliance in semiconductor manufacturingas a part of the Make in India initiative. It is a programme of the Ministry of Science and Technology executed by the Council of Scientific & Industrial Research (CSIR).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 'D'. Can you explain this answer? for CUET 2024 is part of CUET preparation. The Question and answers have been prepared according to the CUET exam syllabus. Information about Consider the following statements regarding Technology Development Fund (TDF) Scheme: It has been established to promote self-reliance in semiconductor manufacturingas a part of the Make in India initiative. It is a programme of the Ministry of Science and Technology executed by the Council of Scientific & Industrial Research (CSIR).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 'D'. Can you explain this answer? covers all topics & solutions for CUET 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Technology Development Fund (TDF) Scheme: It has been established to promote self-reliance in semiconductor manufacturingas a part of the Make in India initiative. It is a programme of the Ministry of Science and Technology executed by the Council of Scientific & Industrial Research (CSIR).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 'D'. Can you explain this answer?.
Consider the following statements regarding Technology Development Fund (TDF) Scheme: It has been established to promote self-reliance in semiconductor manufacturingas a part of the Make in India initiative. It is a programme of the Ministry of Science and Technology executed by the Council of Scientific & Industrial Research (CSIR).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 'D'. Can you explain this answer? for CUET 2024 is part of CUET preparation. The Question and answers have been prepared according to the CUET exam syllabus. Information about Consider the following statements regarding Technology Development Fund (TDF) Scheme: It has been established to promote self-reliance in semiconductor manufacturingas a part of the Make in India initiative. It is a programme of the Ministry of Science and Technology executed by the Council of Scientific & Industrial Research (CSIR).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 'D'. Can you explain this answer? covers all topics & solutions for CUET 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding Technology Development Fund (TDF) Scheme: It has been established to promote self-reliance in semiconductor manufacturingas a part of the Make in India initiative. It is a programme of the Ministry of Science and Technology executed by the Council of Scientific & Industrial Research (CSIR).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 'D'. Can you explain this answer?.
Solutions for Consider the following statements regarding Technology Development Fund (TDF) Scheme: It has been established to promote self-reliance in semiconductor manufacturingas a part of the Make in India initiative. It is a programme of the Ministry of Science and Technology executed by the Council of Scientific & Industrial Research (CSIR).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 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for CUET.
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