Multiple Choice Questions on A Public Sector Enterprise NSIL has been incorporated as a new commercial arm of the Department of S........... for SBI(PO) Exam Preparation

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    A Public Sector Enterprise, NSIL has been incorporated as a new commercial arm of the Department of Space to tap the benefits of the Research & Development carried out by ISRO. What does 'I' stands for in NSIL? 

    This questions was previously asked in
    SBI PO Mains (20 Jul, 2019)

    India 

    Correct Answer

    Institute 

    Incorrect Answer

    Innovate 

    Incorrect Answer

    Indigenous 

    Incorrect Answer

    Index

    Incorrect Answer
    Explanation:

    - NSIL stands for NewSpace India Limited.

    - NSIL is a Public Sector Enterprise under the Department of Space.

    - It acts as the commercial arm, focusing on the benefits of ISRO's R&D.

    - The 'I' in NSIL stands for "India."

    - The objective is to assist with the commercialization of space products, technologies, and services.

    Your Options:

    1. India - This is the correct option as NSIL stands for NewSpace India Limited.

    2. Institute - Incorrect, as NSIL does not represent any institute.

    3. Innovate - Incorrect; while innovation is relevant, the 'I' does not stand for innovate.

    4. Indigenous - While related to self-reliance, it is not what the 'I' in NSIL stands for.

    5. Index - Indexing is unrelated to NSIL's purpose and acronym.


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