Which one of the following statements with regard to Antrix Corporation Limited is correct?

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Q: 59 (CDS-I/2018)

Which one of the following statements with regard to Antrix Corporation Limited is correct?

question_subject: 

Polity

question_exam: 

CDS-I

stats: 

0,92,89,13,92,13,63

keywords: 

{'antrix corporation limited': [0, 0, 0, 1], 'commercial arm': [0, 0, 0, 1], 'administrative control': [0, 0, 3, 5], 'department': [1, 0, 13, 12], 'industrial policy': [1, 0, 0, 3], 'technology': [1, 5, 15, 27], 'promotion': [1, 0, 5, 7], 'space': [4, 1, 7, 12]}

Option 1: The statement is incorrect. Antrix Corporation Limited is not a commercial arm of the Department of Industrial Policy and Promotion.

Option 2: The statement is correct. Antrix Corporation Limited is indeed under the administrative control of the Department of Space. Antrix is the commercial arm of the Indian Space Research Organization (ISRO) and is responsible for marketing and commercializing the products and services of ISRO`s space program.

Option 3: The statement is incorrect. Antrix Corporation Limited is not under the administrative control of the Ministry of Health and Family Welfare.

Option 4: The statement is incorrect. Antrix Corporation Limited is not a commercial arm of the Department of Science and Technology.

In conclusion, the correct statement is option 2. Antrix Corporation Limited is under the administrative control of the Department of Space.