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Science & TechnologyEasy

How much support has the Technology Development Board agreed to give Astrome Technologies for the AI-ELINT constellation?

  1. A.Rs 128.11 crore
  2. B.Rs 64.05 crore
  3. C.Rs 46.50 crore
  4. D.Rs 640.5 crore

Correct answer

B. Rs 64.05 crore

Explanation

The correct answer is Rs 64.05 crore. That is the financial support the Technology Development Board, which works under the Department of Science and Technology, has agreed to give Astrome Technologies Private Limited of Bengaluru from the Research, Development and Innovation Fund, and it is being given as Optionally Convertible Debt. Option A is wrong because Rs 128.11 crore is the total cost of the whole project, not the Board's share; the Board is meeting roughly half of it. Option C is wrong because no such figure is part of the agreement. Option D is wrong because it inflates the amount tenfold. For the examination, keep the two figures apart in your notes: the support of Rs 64.05 crore and the project cost of Rs 128.11 crore, along with the aim of carrying the technology from readiness level four to readiness level nine.

Read the full article: TDB Gives Rs 64.05 Crore for Astrome AI-ELINT Satellite Project

Q2.Science & TechnologyMedium

Under which fund has TDB extended support to the AI-ELINT project, and in what form?

  1. A.Research, Development and Innovation Fund, as Optionally Convertible Debt
  2. B.National Investment and Infrastructure Fund, as an outright grant
  3. C.Startup India Seed Fund, as equity
  4. D.Production Linked Incentive scheme, as a subsidy
Show answer
Correct answer: A. Research, Development and Innovation Fund, as Optionally Convertible Debt

The Technology Development Board is giving the money through this fund, and the instrument chosen is debt that may later be converted into equity, which lets the Board support a deep technology firm without taking a shareholding at the outset.

Q3.Science & TechnologyHard

On the sidelines of ITU PP-26, the Indian minister met delegations from which three countries?

  1. A.Malaysia, Iran and Uzbekistan
  2. B.Qatar, Oman and Egypt
  3. C.Malaysia, Indonesia and Kazakhstan
  4. D.Iran, Iraq and Turkmenistan
Show answer
Correct answer: A. Malaysia, Iran and Uzbekistan

On the margins of the conference Dr Chandra Sekhar Pemmasani held meetings with delegations from these three countries, and the discussions covered cross-border cyber fraud, the security of digital infrastructure and cooperation in quantum technology.