Correct Answer: Both assertion and reason are true, and the reason correctly explains the assertion.
 

Solution : The correct answer is (a) Both assertion and reason are true, and the reason correctly explains the assertion.

The Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is a skill development initiative in India that aims to provide training to youth for employability. The reason is also accurate, as one of the objectives of PMKVY is to promote not only skill development but also entrepreneurship among young individuals, contributing to their overall employability.

Correct Answer: Statement 1 is false and statement 2 is true.

Solution : From the point of view of the permination may be cost saving or revenue inhen Singh if it does both is more than welcome even if it does none it is still welcome as innovation must became a habit.

Hence, option D is correct.
 

Correct Answer: Both assertion and reason are true, and the reason correctly explains the assertion.
 

Solution : The correct answer is (a) Both assertion and reason are true, and the reason correctly explains the assertion.

The Stand-Up India scheme indeed focuses on promoting entrepreneurship among women and SC/ST entrepreneurs. Additionally, it provides financial assistance to set up greenfield enterprises by offering bank loans between Rs. 10 lakhs and Rs. 1 crore to at least one woman and one SC/ST entrepreneur per bank branch for setting up enterprises in the manufacturing, services, or the trading sector. Therefore, the reason correctly explains the assertion.

Correct Answer: Both statements are true.
 

Solution : The correct answer is (a) Both statements are true.

Statement 1 is accurate in stating that entrepreneurship is important for fostering innovation and introducing new products and services in the market.

Statement 2 is also true. The Pradhan Mantri Kaushal Vikas Yojana is a skill development initiative in India that provides training to young individuals to enhance their employability skills.

Correct Answer: Both statements are true.
 

Solution : The correct answer is (a) Both statements are true.

Statement 1 is correct as the Atal Innovation Mission (AIM) does provide support, including funding and mentorship, to entrepreneurs in the technology sector.

Statement 2 is also true. AIM aims to promote innovation and entrepreneurship across all sectors of the economy, not limited to the technology sector.

Correct Answer: Both statements are true.
 

Solution : The correct answer is (a) Both statements are true.

Statement 1 is accurate. The Atal Innovation Mission is a government initiative in India that aims to promote a culture of innovation and entrepreneurship, particularly among young Indians.

Statement 2 is also true. The National Manufacturing Competitiveness Program is designed to enhance the competitiveness of Indian manufacturers, contributing to the growth and development of the manufacturing sector in the country.

Correct Answer: Subsidies and tax incentives

Solution : The correct answer is (b) Subsidies and tax incentives

The policy introduced several reforms to streamline and simplify the taxation system, reduce tax rates, and offer tax incentives to businesses, especially in sectors considered crucial for economic growth. These incentives included exemptions, deductions, and subsidies to encourage investment, research and development, and technological innovation.

By providing subsidies and tax incentives, the 1991 economic policy aimed to create a conducive environment for entrepreneurship and innovation, enabling businesses to thrive, expand, and contribute to the overall economic development of the country.

Correct Answer: Statement 1 is true, but statement 2 is false.
 

Solution : The correct answer is (b) Statement 1 is true, but statement 2 is false.

Statement 1 is true. Entrepreneurship development programs often provide aspiring entrepreneurs with training, mentoring, and access to financial resources to help them start and grow their businesses.

Statement 2 is false. The Stand Up India scheme is not limited to promoting entrepreneurship among SC/ST entrepreneurs only. It aims to support entrepreneurship among women and SC/ST entrepreneurs, providing financial assistance and support to promote inclusivity and diversity in entrepreneurship.

Correct Answer: Both assertion and reason are true, and the reason correctly explains the assertion.
 

Solution : The correct answer is (a) Both assertion and reason are true, and the reason correctly explains the assertion.

Entrepreneurship development indeed plays a crucial role in economic growth. Entrepreneurs create new ventures not only with the aim of profit motive but also contribute to job creation, innovation, and overall economic development. The reason correctly explains the assertion in this context.

Correct Answer: Both assertion and reason are true, and the reason correctly explains the assertion.
 

Solution : The correct answer is (a) Both assertion and reason are true, and the reason correctly explains the assertion.

Entrepreneurship development indeed plays a crucial role in economic growth. Entrepreneurs create new ventures not only with the aim of profit motive but also contribute to job creation, innovation, and overall economic development. The reason correctly explains the assertion in this context.