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    Question

    Which ministry's programme is the Technology Development

    Fund scheme, which seeks to foster cutting-edge technology and self-reliance in the Indian defense industry?
    A Ministry of Science and Technology Correct Answer Incorrect Answer
    B Ministry of Home Affairs Correct Answer Incorrect Answer
    C Ministry of Defence Production Correct Answer Incorrect Answer
    D Ministry of Defence Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The Defence Research and Development Organisation (DRDO) sanctioned seven new private sector projects under the Technology Development Fund (TDF) scheme. Established to promote self-reliance in defence technology under the ‘Make in India’ initiative, the TDF is a Ministry of Defence program executed by DRDO. It supports MSMEs and startups, providing up to 90% funding for projects costing up to INR 50 crore, with a maximum development period of four years.

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