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Consider the following statements with reference to the MeitY Startup Hub:
1. It aims to foster entrepreneurship and innovation in the technology sector.
2. It acts as a national coordination center for all the incubation centers of the Ministry of Electronics and Information Technology.
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 'C'. Can you explain this answer?
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Most Upvoted Answer
Consider the following statements with reference to the MeitY Startup ...
Ministry of Electronics & IT Startup Hub is empowering innovation, driving growth and forging success within the vast landscape of Startup Mahakhumbh 2024.
- It is established as an Independent Business Division (IBD) under the aegis of Digital India Corporation (DIC) under the Ministry of Electronics and Information Technology (MeitY), Government of India.
- It is aimed at fostering entrepreneurship and innovation in the technology sector.
- It supports startups, incubators, and Centers of Excellence (CoEs) through various programs and initiatives to drive digital transformation and promote India's leadership in emerging technologies.
- Mission: It has a mission to build a conducive innovation and start-up ecosystem by bringing together various technology innovation stakeholders and paving the way toward a strong economy built on the twin engines of innovation and technological advancement.
- It acts as a national coordination, facilitation, and monitoring center that will integrate all the incubation centers, start-ups, and innovation-related activities of MeitY.
What is Digital India Corporation?
- It has been set up by the Ministry of Electronics and Information Technology (MeitY), Government of India, to innovate, develop and deploy ICT and other emerging technologies for the benefit of the common man.
- It plays the role of a leader in promoting e-Governance by taking forward the projects and activities of the Digital India Programme, to facilitate its stakeholders to realise its goals.
- It also provides strategic support to Ministries & Departments, both at Central and State level for carrying forward the mission of Digital India Programme by way of Capacity Building for e-governance projects, promoting best practices, encouraging Public-Private Partnerships (PPP), nurturing innovation and technology in various domains.
Hence both statements are correct.
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Community Answer
Consider the following statements with reference to the MeitY Startup ...
MeitY Startup Hub
Statement 1: It aims to foster entrepreneurship and innovation in the technology sector.
- This statement is correct. The MeitY Startup Hub is a platform initiated by the Ministry of Electronics and Information Technology (MeitY) to support and promote entrepreneurship and innovation in the technology sector. It provides various resources, mentorship, networking opportunities, and funding support to tech startups in India.
Statement 2: It acts as a national coordination center for all the incubation centers of the Ministry of Electronics and Information Technology.
- This statement is also correct. The MeitY Startup Hub serves as a national coordination center for all the incubation centers under the Ministry of Electronics and Information Technology. It helps in streamlining and coordinating the activities of these incubation centers to ensure a cohesive approach towards supporting startups in the technology sector.
Therefore, both statements are correct, and the correct answer is option C - Both 1 and 2. The MeitY Startup Hub plays a crucial role in fostering entrepreneurship, innovation, and coordination among various incubation centers to drive the growth of the technology startup ecosystem in India.
Statement 1: It aims to foster entrepreneurship and innovation in the technology sector.
- This statement is correct. The MeitY Startup Hub is a platform initiated by the Ministry of Electronics and Information Technology (MeitY) to support and promote entrepreneurship and innovation in the technology sector. It provides various resources, mentorship, networking opportunities, and funding support to tech startups in India.
Statement 2: It acts as a national coordination center for all the incubation centers of the Ministry of Electronics and Information Technology.
- This statement is also correct. The MeitY Startup Hub serves as a national coordination center for all the incubation centers under the Ministry of Electronics and Information Technology. It helps in streamlining and coordinating the activities of these incubation centers to ensure a cohesive approach towards supporting startups in the technology sector.
Therefore, both statements are correct, and the correct answer is option C - Both 1 and 2. The MeitY Startup Hub plays a crucial role in fostering entrepreneurship, innovation, and coordination among various incubation centers to drive the growth of the technology startup ecosystem in India.
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Consider the following statements with reference to the MeitY Startup Hub:1. It aims to foster entrepreneurship and innovation in the technology sector.2. It acts as a national coordination center for all the incubation centers of the Ministry of Electronics and Information Technology.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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