How much venture capital fund would be set up for space economy in India as announced by the Finance Minister in the Annual Financial Statement 2024-25?
₹1,000 crore
The correct answer is option 4 i.e. ₹1,000 crore.
In the Union Budget 2024-25, Finance Minister Nirmala Sitharaman announced a ₹1,000 crore venture capital fund to expand India's space economy.
Hence option (4).
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Important Questions from Fiscal Policy
Consider the following statements:
1. Tax revenue as a percent of GDP of India has steadily increased in the last decade.
2. Fiscal deficit as a percent of GDP of India has steadily increased in the last decade.
Which of the statements given above is/are correct?
Which of the following organizations brings out the publication known as ‘World Economic Outlook’?
Which one of the following statements appropriately describes the "fiscal stimulus"?
The authorization for the withdrawal of funds from the Consolidated Fund of India must come from
All revenues received by the Union Government by way of taxes and other receipts for the conduct of Government business are credited to the
