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Consider the following statements regarding ISRO's space missions and their impact on the Indian economy:
1. ISRO's investments in space missions have delivered returns of approximately 2.5 times the expenditure.
2. Between 2014 and 2024, the Indian space sector is projected to contribute USD 60 billion to the national economy.
3. The Indian space sector is expected to create 4.7 million jobs and generate USD 24 billion in tax revenues by 2024.
Which of the statements given above is/are correct?
  • a)
    1 Only
  • b)
    1 and 2 Only
  • c)
    1 and 3 Only
  • d)
    1, 2 and 3
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
Consider the following statements regarding ISRO's space missions and...
All three statements accurately reflect the findings and projections related to ISRO's impact on the Indian economy. Let's break down each statement:
1. ISRO's investments in space missions have delivered returns of approximately 2.5 times the expenditure:
This statement is corroborated by the provided information indicating that the economic returns from ISRO's space missions are 2.5 times greater than the initial investments.
2. Between 2014 and 2024, the Indian space sector is projected to contribute USD 60 billion to the national economy:
This is directly mentioned in the text, stating that the Indian space sector is expected to contribute USD 60 billion to the economy during this period.
3. The Indian space sector is expected to create 4.7 million jobs and generate USD 24 billion in tax revenues by 2024:
Again, this is supported by the text, which projects significant job creation and tax revenue generation from the space sector.
Since all statements are correct, the answer is Option D.
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Consider the following statements regarding ISRO's space missions and their impact on the Indian economy:1. ISRO's investments in space missions have delivered returns of approximately 2.5 times the expenditure.2. Between 2014 and 2024, the Indian space sector is projected to contribute USD 60 billion to the national economy.3. The Indian space sector is expected to create 4.7 million jobs and generate USD 24 billion in tax revenues by 2024.Which of the statements given above is/are correct?a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer?
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Consider the following statements regarding ISRO's space missions and their impact on the Indian economy:1. ISRO's investments in space missions have delivered returns of approximately 2.5 times the expenditure.2. Between 2014 and 2024, the Indian space sector is projected to contribute USD 60 billion to the national economy.3. The Indian space sector is expected to create 4.7 million jobs and generate USD 24 billion in tax revenues by 2024.Which of the statements given above is/are correct?a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Consider the following statements regarding ISRO's space missions and their impact on the Indian economy:1. ISRO's investments in space missions have delivered returns of approximately 2.5 times the expenditure.2. Between 2014 and 2024, the Indian space sector is projected to contribute USD 60 billion to the national economy.3. The Indian space sector is expected to create 4.7 million jobs and generate USD 24 billion in tax revenues by 2024.Which of the statements given above is/are correct?a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements regarding ISRO's space missions and their impact on the Indian economy:1. ISRO's investments in space missions have delivered returns of approximately 2.5 times the expenditure.2. Between 2014 and 2024, the Indian space sector is projected to contribute USD 60 billion to the national economy.3. The Indian space sector is expected to create 4.7 million jobs and generate USD 24 billion in tax revenues by 2024.Which of the statements given above is/are correct?a)1 Onlyb)1 and 2 Onlyc)1 and 3 Onlyd)1, 2 and 3Correct answer is option 'D'. Can you explain this answer?.
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