Current Affairs · Defence and Security
Consider the following statements regarding Innovations for Defence Excellence (iDEX): I. iDEX is the flagship initiative of the Ministry of Defence launched in 2018, executed by the Defence Innovation Organisation (DIO), which itself was formed as a not-for-profit company under the Companies Act, 2013 by Hindustan Aeronautics Limited (HAL) and Bharat Electronics Limited (BEL). II. Under iDEX, DIO directly manages all start-up engagements and grant disbursements, while iDEX provides only high-level policy guidance. Which one of the following is correct in respect of the above statements?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Statement I is incorrect, but Statement II is correct.
- 2Statement I is correct, but Statement II is incorrect.✓
- 3Both Statement I and Statement II are correct, but Statement II is not the correct explanation for Statement I.
- 4Both Statement I and Statement II are correct, and Statement II is the correct explanation for Statement I.
Correct answer
Statement I is correct, but Statement II is incorrect.
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