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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.
  • e)
    None of these
Correct answer is option 'B'. Can you explain this answer?
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Which one of the following statements with regard to Antrix Corporatio...
Antrix Corporation Limited (ACL), Bengaluru is a wholly owned Government of India Company under the administrative control of the Department of Space.
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Which one of the following statements with regard to Antrix Corporatio...
Ans (B).
Antrix Corporation was incorporated as a private limited company owned by the Indian government on 28 September 1992. Its objective is to promote the ISRO's products, services and technologies. The company is a Public Sector Undertaking (PSU), wholly owned by the Government of India.
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Which one of the following statements with regard to Antrix Corporatio...
Overview of Antrix Corporation Limited:
Antrix Corporation Limited is the commercial arm of the Indian Space Research Organisation (ISRO), which is responsible for promoting and commercially exploiting space products, technical consultancy services, and transfer of technologies developed by ISRO. It was incorporated as a private limited company owned by the Government of India.

Correct Statement:

It is under the administrative control of the Department of Space.
This statement is correct as Antrix Corporation Limited operates under the administrative control of the Department of Space, which is responsible for the development and implementation of space programs in India. Being closely associated with ISRO, Antrix plays a crucial role in commercializing space technology and services.

Incorrect Statements:
- It is not a commercial arm of the Department of Industrial Policy and Promotion.
- It is not under the administrative control of the Ministry of Health and Family Welfare.
- It is not a commercial arm of the Department of Science and Technology.

Conclusion:
Antrix Corporation Limited, as a key player in the Indian space industry, operates under the umbrella of the Department of Space and plays a vital role in commercializing space technology and services developed by ISRO.
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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.e)None of theseCorrect answer is option 'B'. Can you explain this answer?
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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.e)None of theseCorrect answer is option 'B'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about 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.e)None of theseCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 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.e)None of theseCorrect answer is option 'B'. Can you explain this answer?.
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