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Regarding the National Startup Advisory Council (NSAC), consider the following statements:
1. It is a Union Ministry of Finance project.
2. Its aim is to advise the government on creating a strong environment for fostering innovation and startups to drive long-term economic growth and create large-scale job opportunities.
Which of the statements given above is/are correct?
- a)1 only
- b)2 only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'B'. Can you explain this answer?
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Regarding the National Startup Advisory Council (NSAC), consider the f...
Minister of Commerce & Industry Piyush Goyal chaired the first meeting of National Startup Advisory Council (NSAC).
- Department for Promotion of Industry and Internal Trade (DPIIT) had constituted the National Startup Advisory Council to advise the Government on measures needed to build a strong ecosystem for nurturing innovation and startups in the country to drive sustainable economic growth and generate large scale employment opportunities.
- Besides the ex-officio members, the council has a number of non-official members, representing various stakeholders such as founders of successful startups, veterans who have grown and scaled companies in India, persons capable of representing interest of investors into startups, persons capable of representing interests of incubators and accelerators, representatives of associations of stakeholders of startups and representatives of industry associations.
Most Upvoted Answer
Regarding the National Startup Advisory Council (NSAC), consider the f...
National Startup Advisory Council (NSAC)
• The National Startup Advisory Council (NSAC) is a Union Ministry of Commerce and Industry project.
• Its aim is to advise the government on creating a strong environment for fostering innovation and startups to drive long-term economic growth and create large-scale job opportunities.
• The NSAC will be chaired by the Minister of Commerce and Industry and will have members from various departments and ministries, as well as representatives from the startup ecosystem.
• The council will provide suggestions on measures to enhance the quality of startups, create a conducive startup ecosystem in the country, and foster innovation.
• It will also recommend measures to support startups in their early stages and help them scale up and become successful.
• The NSAC will meet at least twice a year and will submit its recommendations to the government for consideration and implementation.
• The council is expected to play a critical role in promoting entrepreneurship and innovation in the country and help India become a startup hub.
• The National Startup Advisory Council (NSAC) is a Union Ministry of Commerce and Industry project.
• Its aim is to advise the government on creating a strong environment for fostering innovation and startups to drive long-term economic growth and create large-scale job opportunities.
• The NSAC will be chaired by the Minister of Commerce and Industry and will have members from various departments and ministries, as well as representatives from the startup ecosystem.
• The council will provide suggestions on measures to enhance the quality of startups, create a conducive startup ecosystem in the country, and foster innovation.
• It will also recommend measures to support startups in their early stages and help them scale up and become successful.
• The NSAC will meet at least twice a year and will submit its recommendations to the government for consideration and implementation.
• The council is expected to play a critical role in promoting entrepreneurship and innovation in the country and help India become a startup hub.
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Regarding the National Startup Advisory Council (NSAC), consider the following statements:1. It is a Union Ministry of Finance project.2. Its aim is to advise the government on creating a strong environment for fostering innovation and startups to drive long-term economic growth and create large-scale job opportunities.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?
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Regarding the National Startup Advisory Council (NSAC), consider the following statements:1. It is a Union Ministry of Finance project.2. Its aim is to advise the government on creating a strong environment for fostering innovation and startups to drive long-term economic growth and create large-scale job opportunities.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Regarding the National Startup Advisory Council (NSAC), consider the following statements:1. It is a Union Ministry of Finance project.2. Its aim is to advise the government on creating a strong environment for fostering innovation and startups to drive long-term economic growth and create large-scale job opportunities.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Regarding the National Startup Advisory Council (NSAC), consider the following statements:1. It is a Union Ministry of Finance project.2. Its aim is to advise the government on creating a strong environment for fostering innovation and startups to drive long-term economic growth and create large-scale job opportunities.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?.
Regarding the National Startup Advisory Council (NSAC), consider the following statements:1. It is a Union Ministry of Finance project.2. Its aim is to advise the government on creating a strong environment for fostering innovation and startups to drive long-term economic growth and create large-scale job opportunities.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? for Current Affairs 2024 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about Regarding the National Startup Advisory Council (NSAC), consider the following statements:1. It is a Union Ministry of Finance project.2. Its aim is to advise the government on creating a strong environment for fostering innovation and startups to drive long-term economic growth and create large-scale job opportunities.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Current Affairs 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Regarding the National Startup Advisory Council (NSAC), consider the following statements:1. It is a Union Ministry of Finance project.2. Its aim is to advise the government on creating a strong environment for fostering innovation and startups to drive long-term economic growth and create large-scale job opportunities.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?.
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