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What is the primary goal of the Startup India Initiative?

ATo reduce unemployment by creating more jobs

BTo encourage businesses to expand internationally

CTo transform India from a job-seeking nation to a job-creating nation

DTo provide financial aid to all new businesses

Answer:

C. To transform India from a job-seeking nation to a job-creating nation

Read Explanation:

The primary goal of the Startup India Initiative is to transform India from a job-seeking nation into a job-creating nation.

It was launched to foster a strong ecosystem that nurtures innovation and empowers startups to grow. By providing a supportive environment, the initiative aims to:

  • Promote Entrepreneurship: Encourage young people and innovators to start their own businesses.

  • Generate Employment: Create new job opportunities, which is crucial for a country with a large working-age population.

  • Build a Culture of Innovation: Inspire a mindset of problem-solving and self-reliance through innovative solutions.

In essence, the initiative seeks to make India a hub for global innovation and entrepreneurship.


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Which of the following are reasons for the increasing importance of e-governance in modern organizations?

  1. The shift in ownership structure towards public financial institutions and mutual funds necessitates improved efficiency and transparency.
  2. E-governance helps ensure the rights and interests of various stakeholders such as customers, employees, and shareholders.
  3. The rise in scams, frauds, and corrupt practices across financial institutions and government offices highlights the need for e-governance.
  4. The growing indifference of investors and potential misuse of power by directors underscore the need for good governance facilitated by e-governance.
  5. Globalization and the need to attract foreign investment and comply with international regulations make e-governance crucial for survival and success.

    Identify the statement that is NOT a stated advantage of e-governance.

    1. Improved service delivery.
    2. Reduced operational costs.
    3. Enhanced public participation.
    4. Decreased transparency.