Manufacturing Industry Research and Development

Description: This quiz is designed to test your knowledge on the topic of Manufacturing Industry Research and Development in India.
Number of Questions: 15
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Which government agency is responsible for promoting research and development in the manufacturing sector in India?

  1. Department of Scientific and Industrial Research (DSIR)

  2. Ministry of Commerce and Industry

  3. Ministry of Finance

  4. Ministry of Human Resource Development


Correct Option: A
Explanation:

The Department of Scientific and Industrial Research (DSIR) is the government agency responsible for promoting research and development in the manufacturing sector in India.

What is the main objective of the Manufacturing Industry Research and Development Scheme (MIRDS)?

  1. To promote research and development in the manufacturing sector

  2. To provide financial assistance to manufacturing companies

  3. To create a conducive environment for research and development in the manufacturing sector

  4. All of the above


Correct Option: D
Explanation:

The main objective of the Manufacturing Industry Research and Development Scheme (MIRDS) is to promote research and development in the manufacturing sector, provide financial assistance to manufacturing companies, and create a conducive environment for research and development in the manufacturing sector.

Which of the following is not a sub-scheme of the Manufacturing Industry Research and Development Scheme (MIRDS)?

  1. Research and Development Projects

  2. Technology Development Projects

  3. Industrial Research and Development Grants

  4. Skill Development Projects


Correct Option: D
Explanation:

Skill Development Projects is not a sub-scheme of the Manufacturing Industry Research and Development Scheme (MIRDS).

What is the maximum amount of financial assistance that can be provided under the Manufacturing Industry Research and Development Scheme (MIRDS)?

  1. 50% of the project cost

  2. 75% of the project cost

  3. 100% of the project cost

  4. There is no limit


Correct Option: B
Explanation:

The maximum amount of financial assistance that can be provided under the Manufacturing Industry Research and Development Scheme (MIRDS) is 75% of the project cost.

Who is eligible to apply for financial assistance under the Manufacturing Industry Research and Development Scheme (MIRDS)?

  1. Manufacturing companies

  2. Research and development institutions

  3. Academic institutions

  4. All of the above


Correct Option: D
Explanation:

Manufacturing companies, research and development institutions, and academic institutions are all eligible to apply for financial assistance under the Manufacturing Industry Research and Development Scheme (MIRDS).

What is the duration of the Manufacturing Industry Research and Development Scheme (MIRDS)?

  1. 5 years

  2. 10 years

  3. 15 years

  4. 20 years


Correct Option: B
Explanation:

The duration of the Manufacturing Industry Research and Development Scheme (MIRDS) is 10 years.

What are the key areas of research and development supported under the Manufacturing Industry Research and Development Scheme (MIRDS)?

  1. Advanced manufacturing technologies

  2. New materials and processes

  3. Product design and development

  4. All of the above


Correct Option: D
Explanation:

The key areas of research and development supported under the Manufacturing Industry Research and Development Scheme (MIRDS) include advanced manufacturing technologies, new materials and processes, and product design and development.

How many projects have been approved under the Manufacturing Industry Research and Development Scheme (MIRDS) since its inception?

  1. Over 1000

  2. Over 2000

  3. Over 3000

  4. Over 4000


Correct Option: B
Explanation:

Over 2000 projects have been approved under the Manufacturing Industry Research and Development Scheme (MIRDS) since its inception.

What is the total amount of financial assistance that has been provided under the Manufacturing Industry Research and Development Scheme (MIRDS) since its inception?

  1. Over Rs. 1000 crore

  2. Over Rs. 2000 crore

  3. Over Rs. 3000 crore

  4. Over Rs. 4000 crore


Correct Option: C
Explanation:

Over Rs. 3000 crore of financial assistance has been provided under the Manufacturing Industry Research and Development Scheme (MIRDS) since its inception.

What is the impact of the Manufacturing Industry Research and Development Scheme (MIRDS) on the manufacturing sector in India?

  1. It has led to the development of new and innovative products and processes

  2. It has helped to improve the quality and competitiveness of Indian manufactured goods

  3. It has created new jobs and opportunities in the manufacturing sector

  4. All of the above


Correct Option: D
Explanation:

The Manufacturing Industry Research and Development Scheme (MIRDS) has led to the development of new and innovative products and processes, helped to improve the quality and competitiveness of Indian manufactured goods, and created new jobs and opportunities in the manufacturing sector.

What are some of the challenges faced by the Manufacturing Industry Research and Development Scheme (MIRDS)?

  1. Lack of awareness about the scheme

  2. Difficulty in accessing financial assistance

  3. Lack of skilled manpower

  4. All of the above


Correct Option: D
Explanation:

The Manufacturing Industry Research and Development Scheme (MIRDS) faces challenges such as lack of awareness about the scheme, difficulty in accessing financial assistance, and lack of skilled manpower.

What are some of the suggestions for improving the Manufacturing Industry Research and Development Scheme (MIRDS)?

  1. Increase awareness about the scheme

  2. Simplify the application process

  3. Provide more financial assistance

  4. All of the above


Correct Option: D
Explanation:

Suggestions for improving the Manufacturing Industry Research and Development Scheme (MIRDS) include increasing awareness about the scheme, simplifying the application process, and providing more financial assistance.

What is the role of the private sector in the Manufacturing Industry Research and Development Scheme (MIRDS)?

  1. The private sector can apply for financial assistance under the scheme

  2. The private sector can collaborate with research and development institutions and academic institutions to carry out research and development projects

  3. The private sector can provide feedback on the scheme to the government

  4. All of the above


Correct Option: D
Explanation:

The private sector can apply for financial assistance under the scheme, collaborate with research and development institutions and academic institutions to carry out research and development projects, and provide feedback on the scheme to the government.

What is the role of the government in the Manufacturing Industry Research and Development Scheme (MIRDS)?

  1. The government provides financial assistance to manufacturing companies, research and development institutions, and academic institutions

  2. The government creates a conducive environment for research and development in the manufacturing sector

  3. The government monitors the implementation of the scheme

  4. All of the above


Correct Option: D
Explanation:

The government provides financial assistance to manufacturing companies, research and development institutions, and academic institutions, creates a conducive environment for research and development in the manufacturing sector, and monitors the implementation of the scheme.

What is the future of the Manufacturing Industry Research and Development Scheme (MIRDS)?

  1. The scheme is likely to be continued in the future

  2. The scheme may be expanded to include more areas of research and development

  3. The scheme may be revised to make it more effective

  4. All of the above


Correct Option: D
Explanation:

The Manufacturing Industry Research and Development Scheme (MIRDS) is likely to be continued in the future, may be expanded to include more areas of research and development, and may be revised to make it more effective.

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