Module: General Practice
Q48: Scenario: A start-up in the Space Sector (SpaceTech) is looking for funding. The Budget 2026-27 mentions a specific Venture Capital Fund of Rupees 1,000 Crore. Under whose aegis is this fund operationalized?
✅ Correct Answer: B
The fund is operationalized under IN-SPACe.
As the regulator and promoter for private space players, IN-SPACe manages this Rupees 1,000 Crore VC fund announced in the Union Budget 2026-27 to nurture startups.
ISRO focuses on R&D, not commercial funding.
As the regulator and promoter for private space players, IN-SPACe manages this Rupees 1,000 Crore VC fund announced in the Union Budget 2026-27 to nurture startups.
ISRO focuses on R&D, not commercial funding.