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Correct Option is Only (iii)

Solution:The correct choice is option (c). Both statement (i) and statement (ii) are correct with reference to the paragraph while statement (iii) is incorrect.
For (i), refer to first paragraph which mentions,” The great space race of the 20th century was kicked off by the Soviet Union’s launch of Sputnik in 1957. It was a competition between the world’s great powers, a test of their ideologies”
For (ii), refer to last paragraph which mentions,” Dividing activities further into upstream and downstream space blocks will allow legislators to provide a solid foundation to products/services developed by the non-governmental and private sectors within the value chain.”
For (iii), refer to second paragraph which mentions,” Last year, according to a report, the Government of India created a new organisation known as IN-SPACe (Indian National Space Promotion and Authorisation Centre) which is a “single window nodal agency” established to boost the commercialisation of Indian space activities”

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