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According to Union Budget 2024-25, what is the venture capital fund allocation for space sector?

1. ₹500 crores
2. ₹750 crores
3. ₹1,000 crores
4. ₹2,000 crores

Correct answer: ₹1,000 crores

Solution

In Union Budget 2024-25, Finance Minister Nirmala Sitharaman announced a ₹1,000 crore venture capital fund to boost the space economy and support space startups.

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