Under the liberalised policy, foreign direct investment through the automatic route in satellite manufacturing and operation is permitted up to what limit?
- A.26 percent
- B.49 percent
- C.74 percent
- D.100 percent
Correct answer
Explanation
The correct answer is 74 percent. The Union Cabinet approved the amended foreign investment rules for the space sector on 21 February 2024 and they took effect on 16 April 2024. Under the automatic route the limit is 74 percent for satellite manufacturing and operation, satellite data products and the ground and user segments. Option B, 49 percent, is the cap that applies to launch vehicles and spaceports, so it is the right figure for the wrong segment. Option D, 100 percent, is allowed for components and subsystems, again a different segment. Option A, 26 percent, does not appear among the space-sector caps at all. Investment above the prescribed limits still requires government approval. Before this change, foreign investment in establishing and operating satellites was possible only through the government approval route.
Read the full article: India's Space Economy at USD 9 Billion with 440 Start-ups
Practice Questions
Which body works as the single-window interface between the government and private entities in India's space sector?
- A.IN-SPACe
- B.NSIL
- C.Indian Space Association
- D.Department of Atomic Energy
Show answer
It was set up as an autonomous agency under the Department of Space after the Cabinet cleared space reforms on 24 June 2020, and it is the single point at which private firms obtain regulatory clearances.
Read the full explanation →On which date did the Union Cabinet approve the reforms opening India's space sector to Non-Government Entities?
- A.24 June 2020
- B.21 February 2019
- C.3 May 2021
- D.10 September 2022
Show answer
On that date the Union Cabinet approved reforms that let Non-Government Entities work across the entire space value chain rather than merely supply components and services, and the same approval established IN-SPACe as an autonomous agency under the Department of Space.
Read the full explanation →Which company's launch vehicle Vikram-I reached orbit on its first flight under Mission Aagaman?
- A.Agnikul Cosmos
- B.Skyroot Aerospace
- C.Hindustan Aeronautics Limited
- D.NewSpace India Limited
Show answer
Its small satellite launch vehicle Vikram-I reached orbit on its first flight on 18 July 2026 in a mission named Aagaman, the first time an Indian private company carried out an orbital launch of a rocket from Indian soil.
Read the full explanation →As on 15 October 2026, in how many tribal languages did Adi Vaani offer text translation?
- A.Four
- B.Nine
- C.Thirteen
- D.Twenty-one
Show answer
Adi Vaani supported text translation in nine tribal languages as on 15 October 2026, the date to which the figures in the background note are drawn.
Read the full explanation →Janjatiya Gaurav Diwas, observed on 15 November, marks the birth anniversary of which leader?
- A.Tantya Bhil
- B.Birsa Munda
- C.Sidhu Murmu
- D.Rani Gaidinliu
Show answer
The Government of India designated that date as Janjatiya Gaurav Diwas in 2021, and in 2026 the Ministry of Tribal Affairs ran Janjatiya Gaurav Pakhwada from 1 to 15 November to lead up to it, taking more than 300 projects for tribal communities to the ground, of which 228 were…
Read the full explanation →