Question : Statement 1: Successful entrepreneurs not only create wealth for themselves but also contribute to the economic development of the nation.
Statement 2: The Make in India initiative aims to boost manufacturing in India and attract foreign investment.
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: Both statements are true.
Solution : The correct answer is (a) Both statements are true.
Statement 1 is accurate. Successful entrepreneurs can indeed create wealth for themselves and, through their business activities, contribute to the economic development of the nation by generating employment, promoting innovation, and contributing to the overall economic growth.
Statement 2 is also true. The Make in India initiative is a government program that aims to boost manufacturing in India and attract foreign investment to promote economic development and job creation.
College Comparison based on Courses, Placement, Rank, Fee
Statement 2: The Make in India initiative aims to boost agricultural activities in the country.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile