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Consider the following statements about Biotechnology Industry Research Assistance Council (BIRAC)
1. BIRAC is a not-for-profit public sector enterprise.
2. It is set up by the Department of Science and Technology.
3. One of the major objectives of BIRAC is empowerment of start-ups & small and medium enterprises.
How many of the statements given above is/are correct?
Only One
Only Two
All Three
None
The correct statements about the Biotechnology Industry Research Assistance Council (BIRAC) are:
Correct: BIRAC is a not-for-profit public sector enterprise.
Correct: One of the major objectives of BIRAC is the empowerment of startups and small and medium enterprises (SMEs) in the biotechnology field.
However, the second statement is incorrect:
Incorrect: BIRAC was set up by the Department of Biotechnology, Ministry of Science and Technology, Government of India, not the Department of Science and Technology.
Therefore, statements 1 and 3 are correct.
By: Kamal Kashyap ProfileResourcesReport error
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