Question : Which of the following is an example of a non-financial incentive for entrepreneurship development?
Option 1: Tax exemptions
Option 2: Access to capital
Option 3: Business incubation
Option 4: Public recognition and awards
Correct Answer: Public recognition and awards
Solution : Non-financial incentives refer to rewards or benefits that are not directly related to money or financial gain. Public recognition and awards are examples of non-financial incentives that can motivate and encourage entrepreneurs to develop their businesses. Tax exemptions, access to capital, and business incubation are examples of financial incentives. Hence Option D is correct.
Question : Which of the following is not a part of process of entrepreneurship development?
Option 1: Idea Generation
Option 2: Business Planning
Option 3: Market Research
Option 4: Employee Training
Question : Entrepreneurship provide livelihood to those who neither have capital to earn interest nor had land to earn rent. Which need for entrepreneurship is highlighted here?
Option 1: Contribution to GDP
Option 2: Capital formation
Option 3: Generation of Employment
Option 4: Generation of business opportunities for others.
Question : The important indicator of economic development is increase in GDP. As income is generated in the production, entrepreneurship generate income through organisation of production. Which need for entrepreneurship is highlighted here?
Option 3: Generation of employees
Question : Women Transforming India (WTI) Awards have been hosted since 2018 under the aegis of ______ with a focus on entrepreneurship.
Option 1: Department of Science & Technology's Women Entrepreneurship Platform
Option 2: Finance Commission's Women Entrepreneurship Platform
Option 3: Department for Promotion of Industry and Internal Trade's Women Entrepreneurship Platform
Option 4: NITI Aayog's Women Entrepreneurship Platform
Question : It is the process of improving their skills and knowledge of entrepreneurship various training and classroom programmes.
Option 1: Entrepreneurship
Option 2: Entrepreneurship development
Option 3: Entrepreneur
Option 4: None of the above
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile