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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