Question

Consider the following about Antrix Corporation:

1. It was set up as ISRO’s commercial arm to handle international contracts.

2. It acts under the Department of Space, Government of India.

3. It primarily supports the development of launch vehicles in India.

   Which are correct?

• A. 1 and 2 only
• B. 2 and 3 only
• C. 1 and 3 only
• D. All of the above

Answer 1

Answer:

A. 1 and 2 only

• Correct Answer: Option A) 1 and 2 only

• Antrix Corporation is a significant organization in India's space sector.

• It was set up as ISRO's commercial arm to handle international contracts - Correct - Antrix Corporation was established in 1992 as the commercial and marketing arm of the Indian Space Research Organisation (ISRO) to promote and commercially exploit the products and services emanating from the Indian space program and handle international marketing of ISRO's space products and services.

• It acts under the Department of Space, Government of India- Correct - Antrix Corporation is a wholly owned Government of India company under the administrative control of the Department of Space (DOS). It functions as a commercial entity but remains under government oversight.

• It primarily supports the development of launch vehicles in India- Incorrect - While Antrix does market ISRO's launch vehicle capabilities, its primary role is not to support launch vehicle development. Rather, it markets ISRO's capabilities, satellite data, transponder leasing, technical consultancy, and various other space-related services. Launch vehicle development is primarily ISRO's responsibility, not Antrix's.