Correct option is A
India has the lowest research and innovation investment as a percentage of GDP among the given countries. India's R&D expenditure is typically around 0.6-0.7% of its GDP. This figure is significantly lower compared to nations like South Korea, Israel, and the USA, which invest a much larger share of their GDP in research and innovation. South Korea and Israel are global leaders in R&D investments, with more than 4% of their GDP allocated to research, while the USA allocates approximately 3% of its GDP to R&D.
Information Booster: 1.
India's R&D expenditure is low in comparison to other major economies, limiting its global competitiveness in innovation.
2.
South Korea is among the top spenders in the world in terms of research investment, with over 4% of GDP allocated to R&D.
3.
Israel also invests a substantial amount in R&D, surpassing 4% of its GDP, making it a leader in technological innovation.
4. The
United States invests about 3% of its GDP in research and development, making it one of the global leaders in innovation and technology.
5. The low investment in R&D in India is attributed to limited private sector involvement and insufficient funding for higher education and research institutions.
6. Increased R&D investment is crucial for India's goal of becoming a global hub for innovation and technological advancement.
.