Entrepreneurship
Question : Entrepreneurship development has identified a set of ____ competencies
Option 1: 13
Option 2: 14
Option 3: 15
Option 4: 16
Correct Answer: 15
Solution : Entrepreneurship development has identified a set of 15 competencies That contribute towards entrepreneurial performance and success. Hence Option C is correct.
Question : Which of the following is an example of a non-financial incentive for entrepreneurship development?
Option 1: Tax exemptions
Option 2: Access to capital
Option 3: Business incubation
Option 4: Public recognition and awards
Correct Answer: Public recognition and awards
Solution : Non-financial incentives refer to rewards or benefits that are not directly related to money or financial gain. Public recognition and awards are examples of non-financial incentives that can motivate and encourage entrepreneurs to develop their businesses. Tax exemptions, access to capital, and
Question : The objective of the Atal Innovation Mission is to:
Option 1: Promote entrepreneurship and innovation in India
Option 2: Develop infrastructure for rural areas
Option 3: Enhance digital literacy across the country
Option 4: Improve the ease of doing business in India
Correct Answer: Promote entrepreneurship and innovation in India
Solution : The correct answer is (a) Promote entrepreneurship and innovation in India.
The objective of the Atal Innovation Mission (AIM) is to promote entrepreneurship and innovation in India, particularly among students, researchers, and startups. AIM is a government initiative launched by
Question : Attention to details and observance of established standard norms. Which competencies of entrepreneurship is highlighted here?
Option 1: Persistence
Option 2: Information seeking
Option 3: Concern for high quality of work
Option 4: Commitment for work contract
Correct Answer: Concern for high quality of work
Solution : Concern for high quality of work is highlighted here. It involves attention to details and observance of established standard norms. Hence Option C is correct.
Question : Statement 1: The Atal Innovation Mission aims to promote a culture of innovation and entrepreneurship among young Indians.
Statement 2: The National Manufacturing Competitiveness Program focuses on enhancing the competitiveness of Indian manufacturers.
Option 1: Both statements are true.
Option 2: Statement 1 is true, but statement 2 is false.
Option 3: Statement 2 is true, but statement 1 is false.
Option 4: Both statements are false.
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.
Question : Statement 1: The Pradhan Mantri Kaushal Vikas Yojana provides skill development training to youth for employability.
Statement 2: It supports startups and promotes entrepreneurship.
Statement 1 is accurate. The Pradhan Mantri Kaushal Vikas Yojana (PMKVY) is a skill development initiative in India that provides training to youth to enhance their employability skills.
Question : Statement 1:It implies other things attendance of the people to confirm to the wishes and norms of those who they have value. Statement 2: Entrepreneurship believe to be low on affiliation as they are and expected to be innovative.
Option 1: Both are true
Option 2: Both are false
Option 3: Statement 1 is true and statement 2 is false.
Option 4: Statement 1 is false and statement 2 is true
Correct Answer: Both are true
Solution : Need for affiliation implies my other things attendance of the people to confirm to the wishes and norms of those who they value. Entrepreneurship believe to be low on affiliation as they are and expected to be innovative.
Hence, option A is correct.
Question : Which government agency in India is responsible for entrepreneurship development?
Option 1: RBI (Reserve Bank of India)
Option 2: SEBI (Securities and Exchange Board of India)
Option 3: NITI Aayog
Option 4: SIDBI (Small Industries Development Bank of India)
Correct Answer: SIDBI (Small Industries Development Bank of India)
Solution : The answer is (d). SIDBI (Small Industries Development Bank of India) is responsible for entrepreneurship development in India.
SIDBI is a government-owned bank that provides financial and non-financial assistance to small and medium enterprises (SMEs). It also promotes entrepreneurship
Question : In March 2020, the National Handicapped Finance and Development Corporation (NHFDC) organised a week-long fest to promote entrepreneurship and knowledge among the Divyangjan community. The fest was called:
Option 1: UTTAM
Option 2: EKAM
Option 3: SHRESHTA
Option 4: PRATHAM
Correct Answer: EKAM
Solution : The correct answer is EKAM.
The "EKAM Fest", a week-long Exhibition-cum-Fair organized by the National Handicapped Finance Development Corporation (NHFDC) under the Ministry of Social Justice and Empowerment, has commenced in New Delhi. Over 82 individuals with disabilities from 17 States/UTs are showcasing their
Statement 1 is correct. The Atal Innovation Mission (AIM) aims to promote a culture of innovation and entrepreneurship among young Indians.
Statement 2 is also true. The National Manufacturing Competitiveness Program focuses on
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