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What is the fundraising target of IIT Kanpur's 'Greater Than Us' campaign?

  1. A.US$500 million by March 2029
  2. B.US$1 billion by March 2029
  3. C.US$2 billion by March 2030
  4. D.Rs 4,155 crore by March 2028

Correct answer

B. US$1 billion by March 2029

Explanation

The correct answer is US$1 billion by March 2029. The campaign was launched by the Defence Minister in New Delhi and is the largest fundraising effort ever undertaken by any Indian Institute of Technology. The money is to be spent on strengthening research infrastructure, nurturing talent and accelerating the development and commercialisation of indigenous technologies, in line with the aim of a developed India by 2047. Options A and C are wrong because they misstate both the sum and, in the second case, the deadline; no such figures were announced. Option D is wrong because Rs 4,155 crore is not the target but the amount already committed by alumni, donors, corporate partners and the government, which is close to half the goal. Candidates should remember the campaign name along with the institute, the minister who launched it and the two figures, since an examiner can ask about either the target or the amount already raised.

Read the full article: IIT Kanpur Launches $1 Billion 'Greater Than Us' Campaign