MCQ
Governance and Space Policy MCQ - Practice Questions with Answers
Solve 1 Governance and Space Policy questions for RAS/RPSC preparation.
Practice questions
Q1Consider the following statements regarding India space sector reforms cited by Union Minister Jitendra Singh on 7 June 2026:\n1. India space economy is currently estimated at close to 9 billion US dollars and is projected to grow to about 45 billion US dollars in the next 7 to 8 years.\n2. The Indian Space Policy 2023 prohibits any foreign direct investment in the space sector.\n3. IN SPACe is the single window autonomous agency for authorising private sector activities in space.\nWhich of the statements given above are correct?
Explanation
Statements 1 and 3 are correct. Union Minister Jitendra Singh said on 7 June 2026 that India space economy is currently close to 9 billion US dollars and will expand to around 45 billion US dollars in 7 to 8 years. IN SPACe (Indian National Space Promotion and Authorization Centre) is the single window autonomous agency for authorising private space activity. Statement 2 is incorrect because FDI reforms notified in 2024 allow up to 100 per cent FDI in select sub sectors under the automatic route.
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