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The Union Government introduced minor changes to the start-up definition. Which of the following is NOT correct regarding the definition?a)An entity will be considered a start-up if its turnover is more than Rs. 25 crores.b)A start-up entity must not have completed seven years from the date of its incorporation.c)In the case of start-ups in the biotechnology sector, the period shall be 10 years.d)An entity will be considered a start-up if it is working towards innovation, development or improvement of products.e)It is a start-up entity if it is a scalable business model with a high potential of employment generation or wealth creation.Correct answer is option 'A'. Can you explain this answer? for Banking Exams 2025 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about The Union Government introduced minor changes to the start-up definition. Which of the following is NOT correct regarding the definition?a)An entity will be considered a start-up if its turnover is more than Rs. 25 crores.b)A start-up entity must not have completed seven years from the date of its incorporation.c)In the case of start-ups in the biotechnology sector, the period shall be 10 years.d)An entity will be considered a start-up if it is working towards innovation, development or improvement of products.e)It is a start-up entity if it is a scalable business model with a high potential of employment generation or wealth creation.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Banking Exams 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The Union Government introduced minor changes to the start-up definition. Which of the following is NOT correct regarding the definition?a)An entity will be considered a start-up if its turnover is more than Rs. 25 crores.b)A start-up entity must not have completed seven years from the date of its incorporation.c)In the case of start-ups in the biotechnology sector, the period shall be 10 years.d)An entity will be considered a start-up if it is working towards innovation, development or improvement of products.e)It is a start-up entity if it is a scalable business model with a high potential of employment generation or wealth creation.Correct answer is option 'A'. Can you explain this answer?.

Solutions for The Union Government introduced minor changes to the start-up definition. Which of the following is NOT correct regarding the definition?a)An entity will be considered a start-up if its turnover is more than Rs. 25 crores.b)A start-up entity must not have completed seven years from the date of its incorporation.c)In the case of start-ups in the biotechnology sector, the period shall be 10 years.d)An entity will be considered a start-up if it is working towards innovation, development or improvement of products.e)It is a start-up entity if it is a scalable business model with a high potential of employment generation or wealth creation.Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.

Here you can find the meaning of The Union Government introduced minor changes to the start-up definition. Which of the following is NOT correct regarding the definition?a)An entity will be considered a start-up if its turnover is more than Rs. 25 crores.b)A start-up entity must not have completed seven years from the date of its incorporation.c)In the case of start-ups in the biotechnology sector, the period shall be 10 years.d)An entity will be considered a start-up if it is working towards innovation, development or improvement of products.e)It is a start-up entity if it is a scalable business model with a high potential of employment generation or wealth creation.Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of The Union Government introduced minor changes to the start-up definition. Which of the following is NOT correct regarding the definition?a)An entity will be considered a start-up if its turnover is more than Rs. 25 crores.b)A start-up entity must not have completed seven years from the date of its incorporation.c)In the case of start-ups in the biotechnology sector, the period shall be 10 years.d)An entity will be considered a start-up if it is working towards innovation, development or improvement of products.e)It is a start-up entity if it is a scalable business model with a high potential of employment generation or wealth creation.Correct answer is option 'A'. Can you explain this answer?, a detailed solution for The Union Government introduced minor changes to the start-up definition. Which of the following is NOT correct regarding the definition?a)An entity will be considered a start-up if its turnover is more than Rs. 25 crores.b)A start-up entity must not have completed seven years from the date of its incorporation.c)In the case of start-ups in the biotechnology sector, the period shall be 10 years.d)An entity will be considered a start-up if it is working towards innovation, development or improvement of products.e)It is a start-up entity if it is a scalable business model with a high potential of employment generation or wealth creation.Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of The Union Government introduced minor changes to the start-up definition. Which of the following is NOT correct regarding the definition?a)An entity will be considered a start-up if its turnover is more than Rs. 25 crores.b)A start-up entity must not have completed seven years from the date of its incorporation.c)In the case of start-ups in the biotechnology sector, the period shall be 10 years.d)An entity will be considered a start-up if it is working towards innovation, development or improvement of products.e)It is a start-up entity if it is a scalable business model with a high potential of employment generation or wealth creation.Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice The Union Government introduced minor changes to the start-up definition. Which of the following is NOT correct regarding the definition?a)An entity will be considered a start-up if its turnover is more than Rs. 25 crores.b)A start-up entity must not have completed seven years from the date of its incorporation.c)In the case of start-ups in the biotechnology sector, the period shall be 10 years.d)An entity will be considered a start-up if it is working towards innovation, development or improvement of products.e)It is a start-up entity if it is a scalable business model with a high potential of employment generation or wealth creation.Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice Banking Exams tests.