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Question : Which government agency in India is responsible for entrepreneurship development?

Option 1: RBI (Reserve Bank of India)
   

Option 2: SEBI (Securities and Exchange Board of India)
 

Option 3: NITI Aayog

 

Option 4: SIDBI (Small Industries Development Bank of India)


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Team Careers360 19th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: SIDBI (Small Industries Development Bank of India)


Solution : The answer is (d). SIDBI (Small Industries Development Bank of India) is responsible for entrepreneurship development in India.

SIDBI is a government-owned bank that provides financial and non-financial assistance to small and medium enterprises (SMEs). It also promotes entrepreneurship through various schemes and programs.

Here are some of the schemes and programs that SIDBI offers to promote entrepreneurship:

Entrepreneurship Development Programme (EDP)

Seed Capital Assistance Scheme (SCAS)

Micro Units Development and Refinance Agency (MUDRA) Scheme

Stand-Up India Scheme

These schemes and programs provide financial assistance, training, and mentoring to aspiring entrepreneurs. They help to create a conducive environment for entrepreneurship in India and to promote the growth of SMEs.

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