Question

Consider the statements about NewSpace India Ltd. and

Q: Answer-Consider the statements about NewSpace India Ltd. and fill in the blanks for the same. 1. It is whol...

The Union Cabinet approved the transfer of 10 in-orbit communication satellites from Government of India Gol to NewSpace India Ltd. NSIL, a wholly owned Public Sector Enterprise PSE of GOI under the administrative control of the Department of Space.It also approved increasing the authorized share capital of NSIL from Rs 1000 crore to Rs 7500 crore.

fill in the blanks for the same. 1. It is wholly owned Public sector enterprise under the administrative control of _________ 2. Its present authorized capital is ________ increased from 1000 crore.

A ISRO, 10000crore

B Department of space, 7500crore

C DRDO, 2500 crore

D Ministry of Science and technology, 5000 crore

E Antrix, 3500 crore

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Consider the statements about NewSpace India Ltd. and

Solution