Kasturba Medical College, Manipal
Question : Case Study 15: Promoting Innovation
A group of engineers established a startup that designs and manufactures solar-powered water purifiers. They applied for government assistance under an innovation promotion scheme. Question:
How does the solar-powered water purifier contribute to innovation?
Option 1: By increasing the use of traditional water purifiers
Option 2: By reducing access to clean water
Option 3: By introducing a new and eco-friendly product
Option 4: By relying on non-renewable energy sources
Correct Answer: By introducing a new and eco-friendly product
Solution : The correct answer is (c) By introducing a new and eco-friendly product
The solar-powered water purifier represents innovation by introducing a new and eco-friendly product that utilizes solar energy for water purification. Innovation, in this context, involves the development
Question : Which of the following is not a type of treasury bill?
Option 1: 14-day treasury bill
Option 2: 28-day treasury bill
Option 3: 91-day treasury bill
Option 4: 365-day treasury bill
Correct Answer: 365-day treasury bill
Solution : d). 365-day treasury bill
Treasury bills are short-term debt instruments issued by the government to meet its short-term funding requirements. They are typically issued for various tenures, but a 365-day treasury bill is not a common type. The most common types of treasury
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