CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
ISRO is to invest _________ in building Space Technology Incubation Centre in India.
A
Rs.1 crore
B
Rs.2 crore
C
Rs.5 crore
D
Rs.10 crore
Explanation: 

Detailed explanation-1: -To attract and nurture the young academia with innovative ideas / research aptitude for carrying out research and developing the Academia–Industry ecosystem for Space Technology, ISRO has set-up a Space Technology Incubation Centre in 6 regions of our Country viz. Central, East, North, North-East, South and West.

Detailed explanation-2: -Meaning of incubator space in English offices or other buildings that new companies can use for no or little cost: We have secured funding to provide incubator space for new businesses in the area.

Detailed explanation-3: -Thus space technology plays an important role in the holistic development of rural India. It can help in achieving the goal of doubling farmers income and can generate rural employment and empower rural citizens.

Detailed explanation-4: -Space Technology Incubation Centre (S-TIC) is a novel concept conceived by ISRO to tie up with Academia, Industry and R&D institutions in different regions of the country.

There is 1 question to complete.