The Technology Development Board, which lends to companies commercialising indigenous technology, was constituted under which Act?
- A.The Patents Act, 1970
- B.The Societies Registration Act, 1860
- C.The Research and Development Cess Act, 1986
- D.The Technology Development Board Act, 1995
Show answer
The board was constituted in 1996 as a statutory body under that Act and works under the Department of Science and Technology, providing loans and equity to Indian companies that take home-grown technology to the market.
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