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Consider the following statements regarding Common Research and Technology Development Hub (CRTDH):
- It aims to encourage research and technology development activities by Micro and Small Enterprises (MSEs).
- All Public funded bodies having a distinct legal entity are eligible to participate in the programme.
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 'C'. Can you explain this answer?
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Most Upvoted Answer
Consider the following statements regarding Common Research and Techno...
Explanation:
The Common Research and Technology Development Hub (CRTDH) is a program that aims to encourage research and technology development activities by Micro and Small Enterprises (MSEs). It provides financial support to MSEs for conducting research and development projects. It also facilitates collaboration between MSEs and public-funded bodies for technology development.
Statement 1: It aims to encourage research and technology development activities by Micro and Small Enterprises (MSEs).
This statement is correct. The main objective of the CRTDH program is to promote research and technology development activities by Micro and Small Enterprises (MSEs). MSEs often face financial constraints in conducting research and development projects. The CRTDH program provides financial support to MSEs to overcome these constraints and encourages them to engage in research and technology development activities.
Statement 2: All Public funded bodies having a distinct legal entity are eligible to participate in the programme.
This statement is also correct. The CRTDH program encourages collaboration between MSEs and public-funded bodies for technology development. All public-funded bodies having a distinct legal entity are eligible to participate in the program. This includes government research institutes, public sector undertakings, and other public-funded organizations that have the necessary expertise and infrastructure to support MSEs in their research and technology development activities.
Therefore, both statements 1 and 2 are correct. The CRTDH program aims to encourage research and technology development activities by MSEs and allows public-funded bodies with a distinct legal entity to participate in the program.
The Common Research and Technology Development Hub (CRTDH) is a program that aims to encourage research and technology development activities by Micro and Small Enterprises (MSEs). It provides financial support to MSEs for conducting research and development projects. It also facilitates collaboration between MSEs and public-funded bodies for technology development.
Statement 1: It aims to encourage research and technology development activities by Micro and Small Enterprises (MSEs).
This statement is correct. The main objective of the CRTDH program is to promote research and technology development activities by Micro and Small Enterprises (MSEs). MSEs often face financial constraints in conducting research and development projects. The CRTDH program provides financial support to MSEs to overcome these constraints and encourages them to engage in research and technology development activities.
Statement 2: All Public funded bodies having a distinct legal entity are eligible to participate in the programme.
This statement is also correct. The CRTDH program encourages collaboration between MSEs and public-funded bodies for technology development. All public-funded bodies having a distinct legal entity are eligible to participate in the program. This includes government research institutes, public sector undertakings, and other public-funded organizations that have the necessary expertise and infrastructure to support MSEs in their research and technology development activities.
Therefore, both statements 1 and 2 are correct. The CRTDH program aims to encourage research and technology development activities by MSEs and allows public-funded bodies with a distinct legal entity to participate in the program.
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Community Answer
Consider the following statements regarding Common Research and Techno...
Recently, Indian Institute of Toxicology Research (IITR), Lucknow organised a day long second "Chintan Shivir on CRTDHs Empowering MSMEs" under Common Research and Technology Development Hub (CRTDH) programme of the Department of Scientific and Industrial Research.
- It is part of Department of Scientific and Industrial Research (DSIR)-Industrial R&D Programme (IRD).
- This programme aimed at creation of Common Research and Technology Development Hubs (CRTDHs) to encourage research and technology development activities by Micro and Small enterprises (MSEs).
- Partial financial support would be provided to eligible institutions as grant-in aid to establish CRTDHs for enabling MSEs conduct industrial R&D and innovation activities.
- These hubs would facilitate MSEs to undertake new/improved product/process development and skill enhancement activities.
- The collaborating institutions would extend hands-on training, skill development and research information facilities to the MSEs, apart from research and technology development infrastructure.
- Creation of these CRTDHs will enhance productivity, increase the innovative skills of the MSEs and help them become globally competitive, and also generate more employment.
- Eligibility: Public funded bodies or Institutions having a distinct legal entity, which are willing and capable of setting up these CRTDHs.
Hence both statements are correct.
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Consider the following statements regarding Common Research and Technology Development Hub (CRTDH): It aims to encourage research and technology development activities by Micro and Small Enterprises (MSEs). All Public funded bodies having a distinct legal entity are eligible to participate in the programme.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 'C'. Can you explain this answer?
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