Question : What is the role of entrepreneurship in human capital formation?

Option 1: It encourages brain drain.

Option 2: It promotes skill development.

Option 3: It reduces the need for education.

Option 4: It discourages innovation.

Question : Statement 1: From the point of view of the firm innovation maybe cost increasing.
Statement 2: entrepreneurship is creative in the sense that it involves creation of value.
 

Option 1: Both are true 
 

Option 2: Both are false
 

Option 3: Statement 1 is true and statement 2 is false.
 

Option 4: Statement 1 is false and statement 2 is true.

Question : Which scheme aims to encourage entrepreneurship in rural areas of India?

Option 1: Atal Innovation Mission
 

Option 2: MUDRA Yojana
 

Option 3: National Manufacturing Competitiveness Program

Option 4: Pradhan Mantri Rojgar Protsahan Yojana

Question : Assertion: Entrepreneurship development contributes to technological advancement and innovation.

Reason: Entrepreneurs invest in sales maximisation  activities for growth.

Option 1: Both assertion and reason are true, and the reason correctly explains the assertion.
 

Option 2: Both assertion and reason are true, but the reason does not correctly explain the assertion.
 

Option 3: The assertion is true, but the reason is false.

Option 4: The assertion is false, but the reason is true.

Question : Assertion: Entrepreneurship development contributes to technological advancement and innovation.

Reason: Entrepreneurs invest in sales maximisation  activities for growth.

Option 1: Both assertion and reason are true, and the reason correctly explains the assertion.
 

Option 2: Both assertion and reason are true, but the reason does not correctly explain the assertion.
 

Option 3: The assertion is true, but the reason is false.

Option 4: The assertion is false, but the reason is true.