Market News

Saudi Center for Space Futures: Lunar Mission Support and $2 Trillion Global Space Economy | Current Affairs Question and Answers

Affairs, Answers, Center, Current, Economy, Futures, Global, Lunar, Mission, Question, Saudi, Space, Support, Trillion

Today’s Current Affairs: Saudi Space Agency and NASA Collaborate to Build $2 Trillion Global Space Economy by 2035

In a recent announcement, NASA Administrator Bill Nelson revealed that the Center for Space Futures, hosted by the Saudi Space Agency, aims to send a mission to the moon and establish a $2 trillion global space economy by 2035. The partnership between the two agencies will bring together space industries, commercial companies, and government programs to accelerate space technologies and foster innovation.




Question 1

– What is the goal of the Center for Space Futures hosted by the Saudi Space Agency?
– A. To build a $2 trillion global space economy by 2035
– B. To establish a moon colony by 2040
– C. To send a mission to Mars within the next decade
– D. To explore commercial space tourism opportunities

Answer: A. To build a $2 trillion global space economy by 2035

Question 2

– When is the Center for Space Futures set to open?
– A. Fall of 2024
– B. Spring of 2023
– C. Winter of 2025
– D. Summer of 2026

Answer: A. Fall of 2024

Question 3

– What was the focus of the agreement signed between the Saudi Space Agency and the World Economic Forum?
– A. Establishing a moon colony
– B. Establishing a Center for the Fourth Industrial Revolution focused on space
– C. Launching a space station orbiting Mars
– D. Exploring the possibility of space mining

Answer: B. Establishing a Center for the Fourth Industrial Revolution focused on space

Question 4

– What was the aim of NASA’s Artemis II lunar mission?
– A. To establish a permanent human settlement on the moon
– B. To land the first astronauts near the moon’s South Pole in September 2025
– C. To capture images of the dark side of the moon
– D. To search for signs of alien life on the moon

Answer: B. To land the first astronauts near the moon’s South Pole in September 2025

Question 5

– How is the $2 trillion global space economy expected to be achieved by 2035?
– A. Through government funding only
– B. Through partnerships with international space agencies
– C. Through the establishment of space colonies
– D. Through commercial enterprises and government programs collaborating

Answer: D. Through commercial enterprises and government programs collaborating

What is the Center for Space Futures and what is its aim?

The Center for Space Futures, hosted by the Saudi Space Agency, aims to bring together space industries to send a mission to the moon and build a $2 trillion global space economy by 2035.

What partnership did NASA announce with Saudi Arabia and what is its purpose?

NASA announced a partnership with Saudi Arabia on multiple scientific instruments to send the Artemis II mission to the moon for economic benefits and to better understand climate change.

What is the significance of the Artemis Accords and why did Saudi Arabia sign it?

The Artemis Accords are a set of principles for the peaceful uses of space. Saudi Arabia signed it to ensure safe, peaceful, and sustainable space exploration by following common principles, guidelines, and best practices.




Today's Current Affairs are buzzing with the news of the Center for Space Futures, set up by the Saudi Space Agency, aiming to build a $2 trillion global space economy by 2035. NASA Administrator Bill Nelson shared his excitement during a recent visit to Riyadh, highlighting the importance of bringing together space industries and government programs. With plans to go back to the moon and partner with commercial and international entities, the future looks bright for space exploration. The Center for Space Futures, set to open in 2024, will facilitate discussions on space collaboration and accelerate space technologies. Saudi Arabia's partnership with NASA holds promise for economic benefits and a better understanding of climate change. Amidst the excitement, challenges such as space debris remain a priority, emphasizing the need for global cooperation in peaceful space exploration. Let's stay tuned for more updates on the exciting developments in the space industry!


| Today's Current Affairs |
|-----------------------|
| The Center for Space Futures, hosted by the Saudi Space Agency, will bring together space industries to send a mission to the moon and build a $2 trillion global space economy by 2035, according to NASA Administrator Bill Nelson during his visit to Riyadh. The US space agency plans to go back to the moon with commercial and international partners. The Center for Space Futures, set to open in 2024, aims to facilitate public-private discussions on space collaboration. NASA's Artemis II lunar mission aims to land astronauts near the moon's South Pole in 2025. Saudi Arabia has partnered with NASA on scientific instruments to enhance economic benefits and understand climate change. Debris in space poses a threat to satellites and spacecraft, prompting efforts to address this issue. Saudi Arabia signed the Artemis Accords in 2022, promoting peaceful uses of space. The Saudi Space Agency, launched in 2018, aims to accelerate economic diversification and enhance research and development in the global space industry. The global space economy is expected to expand to $1.8 trillion by 2035, driven by various sectors benefiting from space-enabled technologies. Collaboration between public and private sectors will be crucial for the industry's growth in the future. |

  • INTERPOL Advocates “Romance Baiting” Terminology Over “Pig Butchering” in Scam Awareness Efforts

    INTERPOL Advocates “Romance Baiting” Terminology Over “Pig Butchering” in Scam Awareness Efforts

    On December 18, 2024, INTERPOL announced a shift in terminology from “pig butchering” to “romance baiting” to describe online scams that exploit victims through fake romantic relationships, tricking them into investing in phony cryptocurrency schemes. This change aims to address the stigma surrounding victims and encourage them to report these crimes. The term “pig butchering,”…

  • INTERPOL Advocates “Romance Baiting” Terminology Over “Pig Butchering” in Scam Awareness Efforts

    INTERPOL Advocates “Romance Baiting” Terminology Over “Pig Butchering” in Scam Awareness Efforts

    INTERPOL is advocating for a shift in terminology regarding online scams, urging the use of “romance baiting” instead of the term “pig butchering.” This change aims to reduce the dehumanization of victims, encouraging them to seek help rather than feeling ashamed. Romance baiting refers to scams where victims are manipulated into investing in fake cryptocurrency…

  • The TRADE Predictions 2025: Unlocking the Future of Cryptocurrency and Investment Trends

    The TRADE Predictions 2025: Unlocking the Future of Cryptocurrency and Investment Trends

    In 2025, the blockchain industry is expected to witness significant changes, driven by public and private collaborations, particularly in the US following the elections. The anticipated Republican leadership may introduce clear regulations, fostering innovation and clarity in the crypto landscape. Globally, collaboration in the digital asset space is increasing, with many countries exploring central bank…

1 thought on “Saudi Center for Space Futures: Lunar Mission Support and $2 Trillion Global Space Economy | Current Affairs Question and Answers”

Leave a Comment

DeFi Explained: Simple Guide Green Crypto and Sustainability China’s Stock Market Rally and Outlook The Future of NFTs The Rise of AI in Crypto
DeFi Explained: Simple Guide Green Crypto and Sustainability China’s Stock Market Rally and Outlook The Future of NFTs The Rise of AI in Crypto
DeFi Explained: Simple Guide Green Crypto and Sustainability China’s Stock Market Rally and Outlook The Future of NFTs The Rise of AI in Crypto