Question : Assertion: The National Manufacturing Competitiveness Program aims to enhance the competitiveness of Indian manufacturers.
Reason: It provides financial support to entrepreneurs for starting new ventures.
Option 1: Both assertion and reason are true, and the reason correctly explains the assertion.
Option 2: Both assertion and reason are true, but the reason does not correctly explain the assertion.
Option 3: The assertion is true, but the reason is false.
Option 4: The assertion is false, but the reason is true.
Correct Answer: The assertion is true, but the reason is false.
Solution : The correct answer is (c) The assertion is true, but the reason is false.
The National Manufacturing Competitiveness Program (NMCP) does aim to enhance the competitiveness of Indian manufacturers. However, the reason provided, stating that it provides financial support to entrepreneurs for starting new ventures, is not accurate. The NMCP focuses on various initiatives such as technology upgradation, quality improvement, and promoting lean manufacturing practices to enhance the competitiveness of existing manufacturing units, rather than specifically providing financial support for new ventures.