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Which body organised the media roundtable on 'Space, Sovereignty and New Economy' in New Delhi?

  1. A.World Economic Forum
  2. B.Bloomberg New Economy Forum
  3. C.NITI Aayog
  4. D.IN-SPACe

Correct answer

B. Bloomberg New Economy Forum

Explanation

The correct answer is Bloomberg New Economy Forum, which held its meeting in New Delhi and organised the roundtable on 'Space, Sovereignty and New Economy' in which the Minister took part. The discussion examined how a country can convert sovereign space capability into commercially competitive industry, attract private capital and build stronger supply chains while protecting national interests. Option A, the World Economic Forum, is a different body and was not named. Option C, NITI Aayog, is the government's policy think tank and had no role in organising this session. Option D, IN-SPACe, is wrong in the role, though not in the attendance: its Director (Promotion), Vinod Kumar, was one of the prominent participants, along with Aisha Bowe, a former NASA engineer and Blue Origin astronaut who founded STEMBoard and LINGO.

Read the full article: India Eyes USD 40-45 Billion Space Economy in 7-8 Years

Practice Questions

Q1.Science & TechnologyEasy

What size is India's space economy expected to reach over the next seven to eight years?

  1. A.USD 15-20 billion
  2. B.USD 40-45 billion
  3. C.USD 90-100 billion
  4. D.USD 5-9 billion
Show answer
Correct answer: B. USD 40-45 billion

Dr Jitendra Singh told the roundtable that the Indian space economy, valued at roughly USD 9 billion at present, is expected to climb to USD 40-45 billion over the next seven to eight years as private capital, assured demand and quicker regulatory clearances take hold.

Q2.Science & TechnologyMedium

In which period was India's space sector opened to private participation, as recalled by the Minister?

  1. A.2014-2015
  2. B.2016-2017
  3. C.2019-2020
  4. D.2022-2023
Show answer
Correct answer: C. 2019-2020

The Minister said the space sector was thrown open to private participation in 2019-2020 and that the five to six years since have already produced significant results, which is why the focus has shifted to building globally competitive commercial companies.

Q3.Science & TechnologyHard

Which set of neighbouring countries was named as receiving space-based disaster management support from India?

  1. A.Nepal, Bhutan and Maldives
  2. B.Myanmar, Bangladesh and Sri Lanka
  3. C.Pakistan, Afghanistan and Iran
  4. D.Indonesia, Thailand and Vietnam
Show answer
Correct answer: B. Myanmar, Bangladesh and Sri Lanka

Describing how space technology serves development on earth, the Minister said India provides space-based information and support for disaster management to neighbouring countries, naming these three.

Q4.Science & TechnologyHard

Which of these climate events was identified among the four major phases in the study?

  1. A.The Little Ice Age
  2. B.The Carboniferous glaciation
  3. C.The Cretaceous thermal maximum
  4. D.The Permian extinction
Show answer
Correct answer: A. The Little Ice Age

The researchers identified four major environmental phases in the lake record, associated with key climate events that include the arid event of about four point two thousand years ago, the Roman Warm Period and the Little Ice Age.