Q. With reference to India Semiconductor Mission (ISM) consider the following statements:
1.It has been setup as an Independent Business Division within Digital India Corporation.
2.It has all the administrative and financial powers and is tasked with the responsibility of catalysing the India Semiconductor ecosystem in manufacturing, packaging and design.
3.It has been working as nodal agency for the Schemes approved under Semicon India Programme.
Which of the statements given above are correct?

[A] 1 and 2 only

[B] 2 and 3 only

[C] 1 and 3 only

[D] 1, 2 and 3

Answer: D
Notes:

Statement 1, 2 and 3 are correct. ISM has been setup as an Independent Business Division within Digital India Corporation. It has all the administrative and financial powers and is tasked with the responsibility of catalysing the India Semiconductor ecosystem in manufacturing, packaging and design. It has been working as nodal agency for the Schemes approved under Semicon India Programme.

Source: PIB