The TDB support to Ubifly Technologies is being provided through which financial instrument?
- A.An interest-free outright grant
- B.Sovereign green bonds
- C.Optionally Convertible Debentures
- D.A viability gap funding subsidy
Correct answer
Explanation
The correct answer is Optionally Convertible Debentures, usually shortened to OCD. The Technology Development Board is routing its support to Ubifly Technologies through this instrument, which is a form of debt that the holder has the option of converting into equity shares of the company after an agreed period. Option A is wrong because the release does not describe the money as a grant; the choice of a convertible instrument is precisely what distinguishes this kind of deep-tech support from a subsidy. Option B is wrong because sovereign green bonds are raised by the government in the market for environment-related spending and have nothing to do with this approval. Option D is wrong because viability gap funding is a support mechanism used mainly in infrastructure projects. The Research Development and Innovation Fund, from which this support comes, is a Rs 1 lakh crore pool aimed at private-sector-led technology development.
Read the full article: TDB Clears Rs 285 Crore for Ubifly's Indigenous ePlane e200X
Practice Questions
How much support has the Technology Development Board approved for Ubifly Technologies under the RDI Fund?
- A.Rs 150 crore
- B.Rs 285 crore
- C.Rs 570 crore
- D.Rs 1,000 crore
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The Technology Development Board, which functions under the Department of Science and Technology, approved that amount for Ubifly Technologies Private Limited of Chennai out of the Research Development and Innovation Fund, for its indigenous ePlane advanced air mobility solution.
Read the full explanation →The e200X being developed by Ubifly Technologies is which kind of aircraft?
- A.A two-seater trainer aircraft powered by a piston engine
- B.A three-seater zero-emission advanced air mobility aircraft
- C.An unmanned cargo drone with no pilot on board
- D.A regional turboprop airliner for sixty passengers
Show answer
The release describes the e200X as configured for one pilot and two passengers, with a targeted range of 110 km and an ideal speed of 160 kmph, and with a landing gear built for both conventional and vertical landing so that it can operate out of relatively small spaces.
Read the full explanation →As of 6 November 2026, how many equipment items were listed on the I-STEM portal?
- A.4,044
- B.18,250
- C.31,540
- D.45,000
Show answer
As of 6 November 2026, the day its API integration with the Startup India Portal was launched, I-STEM listed 31,540 equipment items across 4,044 registered institutions, giving researchers and innovators a large national pool of scientific resources.
Read the full explanation →Who chaired the launch of the API integration between the Startup India and I-STEM portals on 6 November 2026?
- A.Dr. Parvinder Maini
- B.Prof. Ajay Kumar Sood
- C.Ateesh Kumar Singh
- D.Dr. Vishal Choudhary
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He described the integration as an institutional convergence that can lower R&D costs, avoid duplication of capital-intensive facilities and raise the use of publicly funded infrastructure.
Read the full explanation →What does the acronym I-STEM, whose portal was integrated with the Startup India Portal in November 2026, stand for?
- A.Indian Scheme for Technology and Engineering Mentorship
- B.Indian Science, Technology and Engineering Facilities Map
- C.Integrated Startup Technology Enablement Mission
- D.Indian Society for Technology, Engineering and Mathematics
Show answer
I-STEM is the portal that maps scientific equipment and research facilities across academic and research institutions so that they can be shared.
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