Role of Technology and Investment in Economic Competitiveness

Statement 1 is Correct: Real-World Asset (RWA) Tokenization is the process of converting the ownership rights of physical or traditional financial assets (such as real estate, gold, commodities, or bonds) into digital tokens on a distributed ledger or blockchain. Each token represents a proportional share or claim on the underlying asset. Statement 2 is Correct: Unlike traditional financial markets and real estate registries that have fixed operating hours, geographic limitations, and settlement delays, blockchain-based tokenized assets can be traded globally, 24 hours a day, 7 days a week, with near-instant settlement. Additionally, tokenization allows high-value, traditionally illiquid assets to be divided into smaller, affordable fractions. This lowers the barrier to entry, enabling retail investors and underserved populations to participate in wealth-building markets, thereby directly promoting financial inclusion. Statement 3 is Correct: In the Indian context, RWA tokenization democratizes access to high-growth, capital-intensive sectors (like commercial real estate, agricultural land, and infrastructure projects). Regulatory bodies like the IFSCA (in GIFT City) have already begun approving tokenization platforms under regulatory sandboxes to unlock these previously inaccessible investment opportunities for everyday Indian retail investors. Therefore, all three statements are correct, making the correct option A.

Statement 1 is Correct: Rare Earth Elements (REEs) are indispensable for modern technological innovations. Their unique magnetic, luminescent, and electrochemical properties make them critical for artificial intelligence hardware, robotics, space exploration, electric vehicles, and advanced defense systems. Statement 2 is Incorrect: While China dominates global REE mining, accounting for roughly 69% of global production, the second-largest producer is the United States, followed by Myanmar and Australia. India ranks much lower globally and is not the second-largest producer. Statement 3 is Correct: The Government of India officially launched the National Critical Mineral Mission (NCMM) in January 2025. The mission is a strategic blueprint designed to secure domestic and global supply chains, reduce import dependence, and establish a robust framework for self-reliance in critical minerals essential for clean energy and technology. Statement 4 is Incorrect: Rare Earth Elements are a set of 17 metallic elements, not 13. This group comprises the 15 lanthanides on the periodic table, along with scandium and yttrium, which share similar chemical properties and are typically found in the same ore deposits. Therefore, the correct option is A.

Relationship 1 is Correct: Statement I outlines the core objective of the Sagarmala Programme, launched in 2015, which is port-led economic development through cost-effective and sustainable coastal infrastructure. Statement II provides empirical evidence of its success, such as the 118% growth in coastal shipping, a 700% surge in inland waterway cargo movement, and improved global port rankings (with nine Indian ports now in the global top 100). Thus, the tangible achievements in Statement II directly validate the effectiveness of the foundational strategies mentioned in Statement I. Relationship 2 is Correct: Statement III highlights the goals of Sagarmala 2.0, which focuses on smart ports, green shipping, and positioning India as a global maritime innovation hub aligned with the Viksit Bharat 2047 and Atmanirbhar Bharat visions. This acts as an evolutionary extension of the foundational infrastructure goals in Statement I, embedding them into a broader, future-oriented innovation framework rather than replacing them. Relationship 3 is Incorrect: Statement I does not contradict Statement III. The initial focus on traditional and sustainable coastal infrastructure in the original Sagarmala Programme serves as the necessary physical base upon which the modern innovation and technology-driven goals of Sagarmala 2.0 are built. The two phases are complementary and represent a progressive policy evolution, not a contradiction. Therefore, relationships 1 and 2 are correct, making Option B the correct choice.

Statement 1 is correct. A key aspect of Web 3.0 is the concept of decentralization, where users have more control and ownership over their personal data, rather than having it stored and controlled by centralized platforms. Statement 2 is correct. Blockchain technology is a core component of Web 3.0, and it can enable the creation of decentralized, user-owned social networks and platforms. Statement 3 is correct. The decentralized nature of Web 3.0 means that it is not controlled by a single corporation or entity, but rather operated and maintained collectively by the users and participants in the network. Therefore, all three statements regarding Web 3.0 are correct.

Option A is correctly matched: The Union Cabinet approved the Outsourced Semiconductor Assembly and Test (OSAT) facility by CG Power and Industrial Solutions (in partnership with Renesas Electronics and STARS Microelectronics) to be set up in Sanand, Gujarat. Option B is correctly matched: Tata Semiconductor Assembly and Test Pvt. Ltd. (TSAT) is establishing a greenfield semiconductor assembly and test facility in Jagiroad, Assam. It marks a major industrial investment in Northeast India. Option C is incorrectly matched: The OSAT facility by the HCL-Foxconn Joint Venture (India Chip Pvt. Ltd.) is being established in Jewar, Uttar Pradesh (in the Yamuna Expressway Industrial Development Authority region), not Madhya Pradesh. It will manufacture display driver chips. Option D is correctly matched: SicSem Pvt. Ltd. is setting up a Silicon Carbide (SiC) semiconductor manufacturing plant in Bhubaneswar, Odisha. It is designed to be India's first commercial compound semiconductor fab. Therefore, Option C is the correct answer.