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The Union Budget for 2024-25 included several significant allocations and initiatives, particularly for the Department of Space. Here are the key points related to the venture capital fund: Department of Space Budget: The budget allocation for the Department of Space saw a marginal rise of 0.02% points, with a focus on the development of space technologies. Space Applications and Sciences: While space applications received a slight increase in funding, the budget for space sciences decreased, and the allocation for the INSAT satellite systems was nearly halved compared to the previous year. Venture Capital Fund: A ₹1,000 crore venture capital fund was announced to specifically support space technology start-ups. This fund aims to expand the space economy by five times over the next decade. Expert Reactions: The announcement received mixed reactions. Some experts felt the fund was insufficient, highlighting the need for more substantial government investment similar to global standards. Government Procurement: Optimism was expressed regarding the government acting as an anchor customer for start-ups, which would help validate high-risk products and create a competitive market. Angel Tax and FDI: The proposal to remove the angel tax is expected to reduce investment friction. Additionally, 100% automatic foreign direct investment (FDI) in satellite component manufacturing was allowed, with varying limits for other space-related activities. Given this context, the primary purpose of the ₹1,000 crore venture capital fund is to support space technology start-ups, making option (c) the correct answer.
Statements: R ≥ S = T; R < U < V; W > X > V
Conclusion:
I. U > T
II. T < V
Statements: K @ L; M & O, N % L, K $ O
Conclusions:
I. O @ L
II. M @ L
<...Statements: Q % R & L @ T $ D; W % Q # P
Conclusions : I. D % R II. Q % L I...
Statements: C = A ≤ H < K ≥ L = Q; S = T ≥ K
Conclusion: I. C < T II. A = S
...Statements: A $ B @ D & E @ G % H, F & A, G $ J
Conclusions: I. A # H II. D $ J
...In the question, assuming the given statements to be true, find which of the conclusion (s) among given two conclusions is /are definitely true and the...
Statements: T < U = V = W < X < Y; Z = Y < R < S < O
Conclusions:
I. Z > U
II. T < O
Statement: A≤B ≤C>D ; E<D ;F>E
Conclusions:
I. D>A
II. E<C
Statements: Q > P > R ≥ N; L ≥ Q; O = M < N
Conclusions:
I. P > L
II. O < R
III. L > O
Statements: C > G > E; E = F; G < H
Conclusions: I) F < G
II) E < C
III) C > H
