Question : Case Study 4: Government Schemes for Entrepreneurs
A group of young entrepreneurs came up with an innovative idea for a mobile application that promotes mental well-being and offers counseling services. To support their venture, they decided to explore various government schemes and financial assistance programs.
Question:
What type of services does the entrepreneurs' mobile application provide?
Option 1: Food delivery
Option 2: Mental well-being and counseling
Option 3: Ride-sharing
Option 4: E-commerce platform
Correct Answer: Mental well-being and counseling
Solution : The correct answer is (b) Mental well-being and counseling services
As indicated in the case study, the mobile application developed by the entrepreneurs is specifically designed to promote mental well-being. It offers counseling services, indicating that its primary focus is on providing support and resources for mental health, rather than services related to food delivery, ride-sharing, or e-commerce platforms.
Which government scheme should the entrepreneurs look into for financial support?
Option 1: Pradhan Mantri Awas Yojana
Option 2: Pradhan Mantri Kaushal Vikas Yojana
Option 3: Startup India
Option 4: MGNREGA
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:
The government's innovation promotion scheme focuses on:
Option 1: Discouraging new and innovative products
Option 2: Encouraging entrepreneurs to invest in outdated technology
Option 3: Supporting and promoting innovative ventures
Option 4: Limiting access to government funding for startups
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