Semiconductors And Electronics Ecosystem

**Statement 1 is incorrect:** The Smart India Hackathon (SIH) is not a scheme for developing Smart Cities. Instead, it is a nationwide initiative aimed at identifying innovative digital technology solutions to solve real-world challenges across various sectors. **Statement 2 is correct:** The Government of India launched the Smart India Hackathon to encourage students and professionals to develop innovative digital solutions for challenges in agriculture, health, education, energy, environment, and other domains. It serves as a platform for young minds to engage in problem-solving and contribute to technological advancements. **Statement 3 is incorrect:** While the hackathon focuses on digital technology innovations, it is not specifically centered on digital financial transactions. Instead, it covers a wide range of sectors where technology can drive efficiency and innovation. Hence, correct answer is option (B).