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With reference to the MSME Innovative Scheme (Incubation, Design and IPR), consider the following statements:1. It will act as a hub for innovation activities facilitating and guiding development of ideas into viable business proposition which benefits society directly.2. Financial assistance up to Rs. 15 lakh per idea and up to Rs. 1.00 crore for relevant plant and machines will be provided under incubation sub scheme.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 'C'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the MSME Innovative Scheme (Incubation, Design and IPR), consider the following statements:1. It will act as a hub for innovation activities facilitating and guiding development of ideas into viable business proposition which benefits society directly.2. Financial assistance up to Rs. 15 lakh per idea and up to Rs. 1.00 crore for relevant plant and machines will be provided under incubation sub scheme.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 'C'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the MSME Innovative Scheme (Incubation, Design and IPR), consider the following statements:1. It will act as a hub for innovation activities facilitating and guiding development of ideas into viable business proposition which benefits society directly.2. Financial assistance up to Rs. 15 lakh per idea and up to Rs. 1.00 crore for relevant plant and machines will be provided under incubation sub scheme.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 'C'. Can you explain this answer?.

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