Q. Consider the following statements regarding “New Space India Limited (NSIL)”:
1.It is country’s first public sector undertaking in the space sector and commercial arm of ISRO.
2.It enables better collaboration with start-ups and private sector players without the hassle of government intervention.
Which of the statements given above is/are correct?

[A] 1 only

[B] 2 only

[C] Both 1 and 2

[D] Neither 1 nor 2

Answer: C
Notes:

Explanation: New Space India Limited (NSIL) is country’s first public sector undertaking in the space sector and commercial arm of ISRO aimed at production and marketing of space-based services, also empowered to own the operational launch vehicles and space assets of ISRO.

It enables better collaboration with start-ups and private sector players without the hassle of government intervention.

Source: FORUMIAS