Which of the following state- ments with regard to the `Make in India` initiative is/are correct ? I. It was launched in the year 2018. 2. Its objective is to foster innovation. Select the correct answer using the code given below :

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Q: (CDS-II/2019)

Which of the following state- ments with regard to the 'Make in India' initiative is/are correct ? I. It was launched in the year 2018.
2. Its objective is to foster innovation.
Select the correct answer using the code given below :

question_subject: 

Current Affairs

question_exam: 

CDS-II

stats: 

0,5,42,1,28,13,5

keywords: 

{'india': [8, 1, 7, 13], 'innovation': [0, 0, 2, 6], 'objective': [2, 1, 6, 22], 'initiative': [2, 0, 1, 23], 'year': [27, 4, 33, 49]}

Option 1 states that the `Make in India` initiative was launched in the year 2018. This statement is incorrect. The `Make in India` initiative was actually launched on September 25, 2014, by the Prime Minister, Narendra Modi.

Option 2 states that the objective of the `Make in India` initiative is to foster innovation. This statement is also incorrect. The main objective of the `Make in India` initiative is to encourage companies to manufacture their products in India, thereby boosting the manufacturing sector and generating employment opportunities.

As both options 1 and 2 are incorrect, the correct answer is option 4, which states that neither statement 1 nor statement 2 is correct.

In summary, the `Make in India` initiative was launched in 2014 and its objective is to promote manufacturing in India, not innovation. Therefore, the correct answer is option 4.