Question : Assertion: The Pradhan Mantri Mudra Yojana provides credit support to small entrepreneurs.
Reason: It aims to promote skill development programs for unemployed youth.
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: 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 assertion is true. Entrepreneurship development involves the creation and growth of businesses, which, in turn, contributes to economic growth. Entrepreneurs drive innovation, create job opportunities, and contribute to overall economic development.
The reason is also true. Successful entrepreneurs often reinvest their profits into new ventures or industries. This reinvestment can lead to the expansion of existing businesses or the creation of new ones, further contributing to economic growth.
Therefore, both the assertion and the reason are true, and the reason correctly explains the assertion.
Question : Assertion: The Pradhan Mantri Rojgar Protsahan Yojana offers incentives to employers to promote job creation.
Reason: It aims to encourage foreign direct investment in India.
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