2025 · Q74
Consider the following statements about innovation and research and development in India:
- 1India’s rank in Global Innovation Index reported by World Intellectual Property Organization (WIPO) has improved significantly between 2015 and 2024.
- 2Funding of research and development is sourced primarily from private sector entities and is sectorally concentrated in pharmaceuticals and information technology.
Which of the statements given above is/are correct?
General KnowledgeIndian Economy
- A1 only
- B2 only
- CBoth 1 and 2
- DNeither 1 nor 2
Explanation
India's rank in WIPO's Global Innovation Index improved markedly — from 81st in 2015 to 39th in 2024 — so statement 1 is correct. Statement 2 as framed is incorrect. Hence 1 only.