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Consider the following statements regarding the Global INDIAai Summit:
1. The summit stressed the importance of making AI accessible to all, regardless of socio-economic status.
2. The summit announced a Rs. 2,000 crore fund to support Indian startups developing AI-based solutions.
3. The Artificial Intelligence Preparedness Index (AIPI) ranked India as an Advanced Economy (AE).
Which of the statements given above is/are correct?
  • a)
    1 Only
  • b)
    1 and 2 Only
  • c)
    1 and 3 Only
  • d)
    1, 2 and 3
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements regarding the Global INDIAai Summit...
- Statement 1 is correct: The Global INDIAai Summit emphasized making AI accessible to everyone, irrespective of their socio-economic backgrounds. This was a key highlight of the summit, reflecting India's commitment to an inclusive AI ecosystem.
- Statement 2 is correct: During the summit, it was announced that Rs. 2,000 crore has been earmarked to support Indian startups developing AI-based solutions. This initiative aims to bolster the startup ecosystem in India by providing financial assistance and resources.
- Statement 3 is incorrect: The Artificial Intelligence Preparedness Index (AIPI) categorized India as an Emerging Market Economy (EM), not as an Advanced Economy (AE). India was ranked 72 with a rating of 0.49, clearly placing it in the EM category.
Thus, the correct answer is Option B: 1 and 2 Only.
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Consider the following statements regarding the Global INDIAai Summit:1. The summit stressed the importance of making AI accessible to all, regardless of socio-economic status.2. The summit announced a Rs. 2,000 crore fund to support Indian startups developing AI-based solutions.3. The Artificial Intelligence Preparedness Index (AIPI) ranked India as an Advanced Economy (AE).Which of the statements given above is/are correct?a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct answer is option 'B'. Can you explain this answer?
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