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Direction: Read the given text and answer the questions that follow: Sensing the business opportunities in Food industry, Sagar Bagada after completing his graduation in Agriculture engineering, decided to open his own enterprise. His dream turned into reality when his enterprise, “Swaad Food Industries” set up its food and beverages processing plant in ‘Mitrapura’’, one of the rural area of Rajasthan, under Start-up India Scheme launched on 16th January, 2016. The enterprise opted for labour intensive technique, due to easy availability of labour at lower cost. With in no time,he came in the list of successful entrepreneurs.
Q. Start-up India Scheme was launched on ____in the year ______.
  • a)
    16th Jan., 2016
  • b)
    2nd Oct., 2016
  • c)
    17th Sep., 2006
  • d)
    2nd Oct., 2006
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Direction: Read the given text and answer the questions that follow: ...
Launched on 16th January, 2016, the Startup India Initiative has rolled out several programs with the objective of supporting entrepreneurs, building a robust startup ecosystem and transforming India into a country of job creators instead of job seekers.
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Most Upvoted Answer
Direction: Read the given text and answer the questions that follow: ...
Understanding the Start-up India Scheme
The Start-up India Scheme is a significant initiative launched by the Government of India to promote entrepreneurship and innovation in the country.
Launch Date
- The Start-up India Scheme was officially launched on 16th January, 2016.
- This date is crucial as it marks the beginning of a comprehensive effort to support new businesses and facilitate a conducive environment for startups.
Purpose of the Scheme
- The main aim of the Start-up India Scheme is to:
- Encourage entrepreneurship.
- Provide financial support through various funding options.
- Simplify the regulatory framework for startups.
- Foster innovation by providing access to incubation and mentorship.
Why Option 'A' is Correct
- The question specifically asks for the launch date of the Start-up India Scheme.
- Among the options provided:
- Option A: 16th Jan., 2016 - This is the accurate date of the scheme's launch.
- Options B, C, and D are incorrect as they refer to different dates that do not correspond to the scheme's initiation.
Significance for Entrepreneurs
- The Start-up India Scheme has enabled many entrepreneurs, like Sagar Bagada, to realize their dreams by providing them with the necessary resources and support.
- It emphasizes the importance of the food industry, particularly in rural areas, thus contributing to local economies.
In summary, the correct answer is option 'A' because it accurately reflects the date of the launch of the Start-up India Scheme, which plays a vital role in fostering entrepreneurship in India.
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Direction: Read the given text and answer the questions that follow: Sensing the business opportunities in Food industry, Sagar Bagada after completing his graduation in Agriculture engineering, decided to open his own enterprise. His dream turned into reality when his enterprise, “Swaad Food Industries” set up its food and beverages processing plant in ‘Mitrapura’’, one of the rural area of Rajasthan, under Start-up India Scheme launched on 16th January, 2016. The enterprise opted for labour intensive technique, due to easy availability of labour at lower cost. With in no time,he came in the list of successful entrepreneurs.Q. Start-up India Scheme was launched on ____in the year ______.a)16th Jan., 2016b)2nd Oct., 2016c)17th Sep., 2006d)2nd Oct., 2006Correct answer is option 'A'. Can you explain this answer?
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Direction: Read the given text and answer the questions that follow: Sensing the business opportunities in Food industry, Sagar Bagada after completing his graduation in Agriculture engineering, decided to open his own enterprise. His dream turned into reality when his enterprise, “Swaad Food Industries” set up its food and beverages processing plant in ‘Mitrapura’’, one of the rural area of Rajasthan, under Start-up India Scheme launched on 16th January, 2016. The enterprise opted for labour intensive technique, due to easy availability of labour at lower cost. With in no time,he came in the list of successful entrepreneurs.Q. Start-up India Scheme was launched on ____in the year ______.a)16th Jan., 2016b)2nd Oct., 2016c)17th Sep., 2006d)2nd Oct., 2006Correct answer is option 'A'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Direction: Read the given text and answer the questions that follow: Sensing the business opportunities in Food industry, Sagar Bagada after completing his graduation in Agriculture engineering, decided to open his own enterprise. His dream turned into reality when his enterprise, “Swaad Food Industries” set up its food and beverages processing plant in ‘Mitrapura’’, one of the rural area of Rajasthan, under Start-up India Scheme launched on 16th January, 2016. The enterprise opted for labour intensive technique, due to easy availability of labour at lower cost. With in no time,he came in the list of successful entrepreneurs.Q. Start-up India Scheme was launched on ____in the year ______.a)16th Jan., 2016b)2nd Oct., 2016c)17th Sep., 2006d)2nd Oct., 2006Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction: Read the given text and answer the questions that follow: Sensing the business opportunities in Food industry, Sagar Bagada after completing his graduation in Agriculture engineering, decided to open his own enterprise. His dream turned into reality when his enterprise, “Swaad Food Industries” set up its food and beverages processing plant in ‘Mitrapura’’, one of the rural area of Rajasthan, under Start-up India Scheme launched on 16th January, 2016. The enterprise opted for labour intensive technique, due to easy availability of labour at lower cost. With in no time,he came in the list of successful entrepreneurs.Q. Start-up India Scheme was launched on ____in the year ______.a)16th Jan., 2016b)2nd Oct., 2016c)17th Sep., 2006d)2nd Oct., 2006Correct answer is option 'A'. Can you explain this answer?.
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