Virtual space tech park, also known as 'SPARK', is launched by which institution?

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JKSSB SI Official Paper (Held On: 11 Dec 2022 Shift 1)
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  1. ISRO
  2. NITI Aayog
  3. Indian Institute of Space Science and Technology
  4. BEML

Answer (Detailed Solution Below)

Option 1 : ISRO
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The correct answer is ISRO.

Key Points

  • ISRO stands for Indian Space Research Organisation.
  • ISRO launched the virtual space tech park known as 'SPARK'.
  • 'SPARK' is an abbreviation for Space Research Park.
  • This initiative aims to encourage and support startups and innovators in the field of space technology.
  • 'SPARK' provides a platform for collaborative research and development in space technology.
  • The platform offers resources, mentorship, and networking opportunities for budding space entrepreneurs.

 Additional Information

  • NITI Aayog
    • NITI Aayog stands for National Institution for Transforming India.
    • It is a policy think tank of the Government of India.
    • Established with the aim to foster cooperative federalism through a bottom-up approach.
  • Indian Institute of Space Science and Technology
    • The Indian Institute of Space Science and Technology (IIST) is a premier institution dedicated to the study and research of space science and technology.
    • Located in Thiruvananthapuram, Kerala.
  • BEML
    • BEML stands for Bharat Earth Movers Limited.
    • It is an Indian public sector undertaking that manufactures a variety of heavy equipment, such as that used for earth moving, transport, and mining.
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