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How much financial support has the Technology Development Board agreed to give for the YETI project?

  1. A.Rs 101 crore
  2. B.Rs 151 crore
  3. C.Rs 251 crore
  4. D.Rs 302 crore

Correct answer

B. Rs 151 crore

Explanation

The correct answer is Rs 151 crore. That is the support the Technology Development Board has agreed to extend to ideaForge Technology Limited under the Research Development and Innovation Fund, and it comes in the form of debt financing. Option D is the trap, because Rs 302 crore is the total cost of the whole project and not the board's share of it; the board is funding about half. Options A and C, Rs 101 crore and Rs 251 crore, are neither the support figure nor the project cost and have no basis here. Keep the two numbers paired in memory, since a question can be set either way round: the support of Rs 151 crore sits inside a project costed at Rs 302 crore to develop YETI, the heavy-lift autonomous aerial logistics vehicle.

Read the full article: TDB Signs Rs 151 Crore RDI Deal With ideaForge for YETI UAV

Q3.Science & TechnologyEasy

Which body signed the YETI development agreement with ideaForge Technology Limited?

  1. A.Defence Research and Development Organisation
  2. B.Technology Development Board
  3. C.Indian Space Research Organisation
  4. D.Council of Scientific and Industrial Research
Show answer
Correct answer: B. Technology Development Board

The TDB works under the Department of Science and Technology and it is the body that signed the agreement with ideaForge Technology Limited of Mumbai for support under the Research Development and Innovation Fund.

Read the full explanation →