Question : Statement 1: Entrepreneurship development leads to regional development and reduces regional disparities by attracting investments in underdeveloped areas.
Statement 2: The Pradhan Mantri Mudra Yojana provides credit support to women only for setting up or expanding their businesses.
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:
Statement 1 is true, but statement 2 is false.
Solution : The correct answer is (b) Statement 1 is true, but statement 2 is false.
Statement 1 is accurate. Entrepreneurship development can lead to regional development and reduce regional disparities by attracting investments in underdeveloped areas.
Statement 2 is false. The Pradhan Mantri Mudra Yojana (PMMY) provides credit support to individuals, including women, for setting up or expanding their businesses. However, it is not exclusively for women; it is accessible to all eligible beneficiaries.