Which one of the following statements with regard to Antrix Corporation Limited is correct?
- A.It is a commercial arm of the Department of Industrial Policy and Promotion.
- B.It is under the administrative control of the Department of Space.
- C.It is under the administrative control of the Ministry of Health and Family Welfare.
- D.It is a commercial arm of the Department of Science and Technology.
Correct answer
Explanation
The correct answer is B, It is under the administrative control of the Department of Space. Antrix is the commercial arm of ISRO, and ISRO works under the Department of Space.
Antrix Corporation Limited was set up in Bengaluru in September 1992 as a government company wholly owned by the Government of India. Its job is to market ISRO's products and services abroad and at home: launching foreign satellites on the PSLV, leasing satellite transponders, selling remote sensing data and offering mission support. The Department of Space reports directly to the Prime Minister. In 2019 a second company, NewSpace India Limited (NSIL), was formed under the same department to handle industry partnerships.
Option A is wrong, because the Department of Industrial Policy and Promotion, now DPIIT, deals with industry and investment, not space. Option C is wrong, because the Health Ministry has no link with satellite business. Option D is wrong, because the Department of Science and Technology is a separate department and Antrix is not its arm.
Exam tip: Antrix 1992 and NSIL 2019, both commercial arms under the Department of Space.
Practice Questions
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