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ENVIRONMENT & SCIENCE Space Missions

Astrobase Unveils 'EVEREST', India's First Privately Engineered Reusable Rocket Engine

Bengaluru-based private firm Astrobase Space Technologies unveiled an 800 kN high-thrust rocket engine named EVEREST.
This marks the first indigenous private development of reusable rocket engine technology in India.
EVEREST operates on Full-Flow Staged Combustion (FFSC) engine technology.
Global Benchmark: Astrobase is now the fourth commercial firm globally to successfully build a high-thrust FFSC rocket engine.

Key Facts / Static GK

Developer: Astrobase Space Technologies (Bengaluru)
Engine Name: EVEREST
Engine Type: Full-Flow Staged Combustion (FFSC) 800 kN engine

Q Practice Quiz — 8 August 2026

1. Who has recently assumed charge as the Acting Central Vigilance Commissioner (CVC) of India?

A Praveen Kumar Srivastava
B S. Rajeev
C Rajiv Anand
D Anil Bhardwaj
E U.R. Rao

Explanation: A.S. Rajeev took charge as the Acting Central Vigilance Commissioner, succeeding Praveen Kumar Srivastava whose tenure ended.

2. India's first Rail-Tech Park is set to be established in which state?

A Maharashtra
B Karnataka
C Odisha
D Gujarat
E Tamil Nadu

Explanation: Odisha is establishing India's first Rail-Tech Park at Sahaspur Industrial Estate in Khordha district, developed by IDCO.

3. In which year will India host the first Global South Film Festival?

A 2025
B 2026
C 2027
D 2028
E 2030

Explanation: India announced during the BRICS WAVES Bazaar in Mumbai that it will host the first Global South Film Festival in 2027.

4. What is the net profit reported by State Bank of India (SBI) for Q1 Financial Year 2026-27?

A ₹19,160 crore
B ₹20,500 crore
C ₹21,121 crore
D ₹23,731 crore
E ₹25,000 crore

Explanation: SBI reported its highest-ever quarterly net profit of ₹21,121 crore in Q1 FY27, up 10% YoY from ₹19,160 crore.

5. Which private sector bank recently obtained RBI approval to set up a wholly-owned stock broking subsidiary?

A HDFC Bank
B ICICI Bank
C IndusInd Bank
D Axis Bank
E Kotak Mahindra Bank

Explanation: IndusInd Bank has received approval from the RBI to establish a wholly owned subsidiary to conduct stock broking operations.

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