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Which of the following statements are correct with reference to National Startup Awards 2023?
- It is implemented by the Department for Promotion of Industry and Internal Trade (DPIIT).
- It rewards outstanding startups and enablers in the ecosystem building innovative products.
Select the correct answer using the code given below:
- a)1 only
- b)2 only
- c)Both 1 and 2
- d)Neither 1 nor 2
Correct answer is option 'C'. Can you explain this answer?
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Most Upvoted Answer
Which of the following statements are correct with reference to Nation...
Explanation:
The correct answer is option 'C' i.e. both 1 and 2 are correct statements. Let's discuss each statement in detail:
Statement 1: It is implemented by the Department for Promotion of Industry and Internal Trade (DPIIT).
This statement is correct. National Startup Awards 2023 is an initiative of the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India. The DPIIT has been working towards promoting startups and entrepreneurship in the country through various schemes and initiatives.
Statement 2: It rewards outstanding startups and enablers in the ecosystem building innovative products.
This statement is also correct. The National Startup Awards 2023 aims to recognize and reward outstanding startups and enablers in the ecosystem who are building innovative products or solutions and have the potential to scale up their business. The awards will be given in various categories such as agriculture, education, energy, finance, health, etc.
The National Startup Awards is an important initiative by the Government of India to promote and support the startup ecosystem in the country. It not only recognizes the efforts of innovative startups but also encourages them to scale up their business and contribute to the growth of the economy.
The correct answer is option 'C' i.e. both 1 and 2 are correct statements. Let's discuss each statement in detail:
Statement 1: It is implemented by the Department for Promotion of Industry and Internal Trade (DPIIT).
This statement is correct. National Startup Awards 2023 is an initiative of the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India. The DPIIT has been working towards promoting startups and entrepreneurship in the country through various schemes and initiatives.
Statement 2: It rewards outstanding startups and enablers in the ecosystem building innovative products.
This statement is also correct. The National Startup Awards 2023 aims to recognize and reward outstanding startups and enablers in the ecosystem who are building innovative products or solutions and have the potential to scale up their business. The awards will be given in various categories such as agriculture, education, energy, finance, health, etc.
The National Startup Awards is an important initiative by the Government of India to promote and support the startup ecosystem in the country. It not only recognizes the efforts of innovative startups but also encourages them to scale up their business and contribute to the growth of the economy.
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Community Answer
Which of the following statements are correct with reference to Nation...
Recently, The Department for Promotion of Industry and Internal Trade (DPIIT) said it has extended the deadline for submission of applications for the National Startup Awards 2023 to June 15, 2023.
About National Startup Awards 2023:
- The National Startup Awards 2023 awards will focus on celebrating innovation from across the country, in line with Vision India @2047.
- DPIIT has invited applications across 20 different categories including aerospace, retail and emerging technologies etc.
- Aim: To reward and recognise outstanding startups and enablers in the ecosystem building innovative products and demonstrating measurable social impact.
Award: Cash prize of Rs 10 lakh to one winning startup in each category. - The Winners and finalists will also be given exclusive government support, including investor and government connect, mentorship, international market access, and corporate and unicorn connect.
- It was launched in 2020.
Hence both statements are correct.
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Which of the following statements are correct with reference to National Startup Awards 2023? It is implemented by the Department for Promotion of Industry and Internal Trade (DPIIT). It rewards outstanding startups and enablers in the ecosystem building innovative products.Select the correct answer using the code given below: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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