App Logo

No.1 PSC Learning App

1M+ Downloads

What is the primary role of the Kerala Startup Mission (KSUM)?

  1. To serve as a launchpad for aspiring tech entrepreneurs, fostering innovation.
  2. To provide comprehensive support throughout the startup lifecycle.
  3. To develop and implement policies that support the state's startup ecosystem.
  4. To regulate traditional business establishments across Kerala.

    A1, 2, 3

    B3 only

    C2, 4

    D1, 4

    Answer:

    A. 1, 2, 3

    Read Explanation:

    • The Kerala Startup Mission (KSUM) acts as a vital catalyst for the state's technology and startup sector.

    • Its core function is to nurture innovation by providing a supportive environment and resources for new tech ventures.

    • KSUM offers end-to-end assistance, from the initial ideation phase through to growth and scaling, thereby playing a pivotal role in the evolution of Kerala's entrepreneurial landscape.


    Related Questions:

    How has the contribution of the agricultural sector to the state's economy changed since 1956?
    What was one of the key initiatives under the SHE program?
    According to Census 2011, what percentage of India's total population comprised elderly persons (aged 60 years or above)?
    The primary function of a State Finance Commission (SFC) is to:

    Regarding the Soft Loan Against PO for Women Entrepreneurs, what are the key features?

    1. This scheme is specifically for purchase orders received from private sector companies.
    2. The loan carries a simple interest rate of 6% per annum.
    3. The loan amount can cover up to 100% of the purchase order value.
    4. Repayment is due within 1 year of project completion or full settlement.