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Question

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?

This question was previously asked in
RRB NTPC 2024 Undergraduate CBT 1 Question Paper (29-Aug-2025) (Shift 1)
The correct answer is

₹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

  1. Fiscal consolidation has remained a target of macroeconomic reforms. What was the targeted fiscal deficit as a percentage of GDP under the original FRBM Act 2003 ?
  2. Which of the following was a major fiscal reform introduced in India as part of the 1991 economic reforms?
  3. In the post-reform era, fiscal prudence became central to macroeconomic stability. Which of the following Acts was enacted in 2003 to institutionalise fiscal discipline in India?

  4. The intervention of the government whether to expand demand or reduce it constitutes the _________ function.
  5. The _________ refers to the excess of government’s revenue expenditure over revenue receipts.

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