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Science & TechnologyMedium

According to the Minister, what share of India's start-ups comes from smaller towns?

  1. A.About one-fourth
  2. B.About one-third
  3. C.More than half
  4. D.Less than one-tenth

Correct answer

C. More than half

Explanation

The correct answer is more than half. The Minister said start-ups are not confined to Bengaluru or Hyderabad and that more than 50 per cent of them come from smaller towns, a figure he used while asking for prevailing myths about entrepreneurship to be dispelled. He added a second myth to the list, that entrepreneurship belongs to the young, and pointed to the participation of women in the ecosystem as well. The other options understate the share and would leave a candidate with the opposite impression of where Indian enterprise is now being built. The same passage of the address carries a related point worth remembering: openness to private participation has been followed in sectors including space, biotechnology and the nuclear sector, and the pooling of resources across institutions and stakeholders is treated as important for strengthening the ecosystem.

Read the full article: RDI Fund of ₹1 Lakh Crore Needs Wider Awareness: Minister

Q1.Science & TechnologyEasy

What is the corpus of the Research, Development and Innovation Fund?

  1. A.₹10,000 crore
  2. B.₹50,000 crore
  3. C.₹1 lakh crore
  4. D.₹2 lakh crore
Show answer
Correct answer: C. ₹1 lakh crore

The release refers throughout to the ₹1 lakh crore Research, Development and Innovation Fund, and it is the size of that corpus that makes the Minister's appeal for outreach necessary: thousands of applications are arriving, some from applicants who do not appear to understand what the fund is for.

Q2.Science & TechnologyMedium

Dr Jitendra Singh spoke about the RDI Fund at the Foundation Day of which body?

  1. A.Council of Scientific and Industrial Research
  2. B.Technology Development Board
  3. C.Department of Science and Technology
  4. D.Science and Engineering Research Board
Show answer
Correct answer: B. Technology Development Board

The board was created so that technologies would not remain confined to laboratories but would be translated into products, solutions and enterprises that bring ease of living, provide livelihoods and add to the economy of the country.