New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Consider the following statements regarding “Defence

    Innovation Organisation (DIO)”: I. DIO is a not-for-profit organisation formed under section 8 of the Companies Act 2013. II. It is funded by Hindustan Aeronautics Limited (HAL) and DRDO. III. It provides high-level policy guidance to iDEX. Which of the above statement is/are not correct?
    A II and III only Correct Answer Incorrect Answer
    B II only Correct Answer Incorrect Answer
    C I and II only Correct Answer Incorrect Answer
    D III only Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    DIO is a not-for-profit organisation formed under section 8 of the Companies Act 2013. It is funded by Hindustan Aeronautics Limited (HAL) and Bharat Electronics Limited (BEL). It provides high-level policy guidance to iDEX.

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