UPSC Prelims Practice Questions — PARLIAMENT QUESTION: SHARE IN SPACE ECONOMY

Question 1

According to the Decadal Vision and Strategy for the Indian space economy, India's projected share of the global space economy is the highest (largest) in which one of the following target years?

Accepted Answer

2040

Answer

2023

Answer

2033

Answer

2047

Question 2

With reference to the Decadal Vision projections for India's space economy, consider the following pairings of target and figure:
1. 2023 — about $8.4 billion (~2% of global economy)
2. 2033 — about $44 billion (~8% of global economy)
3. 2033 — export target of about $11 billion
4. 2040 — about $100 billion (~20% of global economy)
Which of the above is/are NOT correctly stated?

Accepted Answer

4 only

Answer

2 and 4

Answer

3 only

Answer

1 and 3

Question 3

In which year was the Indian National Space Promotion and Authorization Centre (IN-SPACe) constituted as an autonomous single-window nodal agency under the Department of Space?

Accepted Answer

2020

Answer

2019

Answer

2023

Answer

2024

Question 4

As designed under the 2020 space-sector reforms, IN-SPACe provides how many window(s) for authorising and facilitating the space activities of non-government entities?

Accepted Answer

A single window

Answer

Two windows

Answer

Three windows

Answer

Four windows

Question 5

The Indian Space Policy, 2023, which delineates the roles of ISRO, NSIL, IN-SPACe and NGEs, was approved by which one of the following?

Accepted Answer

The Union Cabinet

Answer

IN-SPACe governing board

Answer

ISRO Space Commission alone

Answer

Both Houses of Parliament by resolution

Question 6

Under the Indian Space Policy, 2023, the responsibility for commercialising space technologies and platforms created through public expenditure is assigned to which one of the following entities?

Accepted Answer

NSIL (NewSpace India Limited)

Answer

IN-SPACe

Answer

ISRO

Answer

Department of Space (headquarters)

Question 7

With reference to the 2024 amendment of the FDI policy for the space sector, consider the following activity–automatic-route-cap pairings:
1. Satellites — manufacturing and operation: up to 74%
2. Launch vehicles and spaceports: up to 49%
3. Manufacturing of components and sub-systems: up to 100%
4. Ground segment and user segment: up to 49%
Which of the above is/are NOT correctly matched?

Accepted Answer

4 only

Answer

1 and 4

Answer

2 and 3

Answer

3 only

Question 8

Under the amended space-sector FDI policy, foreign investment exceeding the prescribed automatic-route caps is permitted through which route?

Accepted Answer

Government route

Answer

Automatic route without limit

Answer

Portfolio investment route only

Answer

Approval of the Space Commission

Question 9

With reference to the Antariksh Venture Capital Fund, consider the following statements:
1. It has been established under the aegis of IN-SPACe.
2. It has an approved corpus of ₹1,000 crore.
3. SIDBI Venture Capital Limited (SVCL) is its investment manager.
4. It can invest only in upstream (launch-segment) space startups.
Which of the above is/are NOT correct?

Accepted Answer

4 only

Answer

2 and 4

Answer

3 only

Answer

1 and 3

Question 10

Distinguishing the mandates of India's key space-sector bodies, consider the following statements:
1. NSIL is the commercial arm/PSU responsible for commercialising space technologies created through public expenditure.
2. IN-SPACe is the single-window agency for the promotion and authorization of non-government entities.
3. ISRO functions as the authority that approves Foreign Direct Investment in the space sector.
Which of the statements given above is/are correct?

Accepted Answer

1 and 2 only

Answer

2 and 3 only

Answer

1 and 3 only

Answer

1, 2 and 3

Question 11

The current size of India's space economy, which is being formally reassessed in coordination with the Ministry of Statistics and Programme Implementation (MoSPI), is presently estimated at approximately how many billion US dollars?

Accepted Answer

$8.4 billion

Answer

$4.4 billion

Answer

$11 billion

Answer

$44 billion

Question 12

Following the opening of the space sector to private players under the 2020 reforms, the number of active space startups in India has grown to nearly how many, as per recent government statements?

Accepted Answer

About 400

Answer

About 150

Answer

About 250

Answer

About 600

UPSC Prelims Practice Questions — PARLIAMENT QUESTION: SHARE IN SPACE ECONOMY

Q1. According to the Decadal Vision and Strategy for the Indian space economy, India's projected share of the global space economy is the highest (largest) in which one of the following target years?

Q3. In which year was the Indian National Space Promotion and Authorization Centre (IN-SPACe) constituted as an autonomous single-window nodal agency under the Department of Space?

Q4. As designed under the 2020 space-sector reforms, IN-SPACe provides how many window(s) for authorising and facilitating the space activities of non-government entities?

Q5. The Indian Space Policy, 2023, which delineates the roles of ISRO, NSIL, IN-SPACe and NGEs, was approved by which one of the following?

Q6. Under the Indian Space Policy, 2023, the responsibility for commercialising space technologies and platforms created through public expenditure is assigned to which one of the following entities?

Q8. Under the amended space-sector FDI policy, foreign investment exceeding the prescribed automatic-route caps is permitted through which route?

Q11. The current size of India's space economy, which is being formally reassessed in coordination with the Ministry of Statistics and Programme Implementation (MoSPI), is presently estimated at approximately how many billion US dollars?

Q12. Following the opening of the space sector to private players under the 2020 reforms, the number of active space startups in India has grown to nearly how many, as per recent government statements?