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Unit 3 MCQ

The document consists of multiple-choice questions (MCQs) related to startups, government initiatives, and schemes in India. Key topics include the definition of startups, benefits of the Startup India scheme, and various funding options available for startups. It also covers specific programs like Software Technology Parks and Stand-Up India, along with their objectives and impacts on entrepreneurship.

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Abhay Bharti
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41 views26 pages

Unit 3 MCQ

The document consists of multiple-choice questions (MCQs) related to startups, government initiatives, and schemes in India. Key topics include the definition of startups, benefits of the Startup India scheme, and various funding options available for startups. It also covers specific programs like Software Technology Parks and Stand-Up India, along with their objectives and impacts on entrepreneurship.

Uploaded by

Abhay Bharti
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Unit 3 mcq

• What is a Startup?
• A. A well-established company
• B. A new business venture aiming for high growth
• C. A government organization
• D. A non-profit institution
• Which of the following is a key benefit of the Startup India scheme?

 A. Higher tax rates

 B. No access to funding

 C. Tax exemption for 3 years

• D. Mandatory compliance with all labor laws


•Answer: C. Tax exemption for 3 years
•Answer: C. Tax exemption for 3 years

Startup India aims to promote:


 A. Import of foreign goods
 B. Export of agricultural products
 C. Entrepreneurship and innovation
D. Employment in public sectors
• Which initiative is associated with NASSCOM to support startups?

 A. Startup India Hub

 B. Make in India

 C. 10000 Startups

• D. Digital India
• . Which of the following schemes promotes software exports from India?

 A. Digital India

 B. Software Technology Parks (STPs)

 C. Skill India

• D. Atmanirbhar Bharat
• SEZ stands for:

 A. Special Employment Zones

 B. Special Economic Zones

 C. Startup Export Zones

• D. Software Enterprise Zones


• . Which law is specifically designed to support startups in India?

 A. Income Tax Act

 B. Companies Act

 C. Startup India Action Plan

• D. Consumer Protection Act


• Which of the following provides early-stage funding to startups?

 A. Venture Capitalists

 B. Angel Investors

 C. Government Grants

• D. All of the above


• . SBIR stands for:

 A. Small Business Innovation Research

 B. Startup Business International Regulations

 C. Software Based Investment Research

• D. Special Business Income Relief


• Which government initiative helps startups get collateral-free loans?

 A. Stand-Up India

 B. Make in India

 C. Startup India Seed Fund Scheme

• D. Digital India
• . The main objective of STTR is to:

 A. Promote export of agricultural products

 B. Facilitate collaboration between small businesses and research institutions

 C. Increase foreign direct investment

• D. Support traditional handicrafts


• . NSF Grants are provided by:

 A. National Software Foundation

 B. National Science Foundation

 C. National Startup Fund

• D. New Startup Federation


• . The primary focus of the 10000 Startups initiative is:

 A. Agricultural development

 B. Promoting software product startups

 C. Boosting foreign tourism

• D. Manufacturing sector growth


• . Which scheme offers tax benefits to startups in India?

 A. Export Promotion Capital Goods Scheme

 B. Startup India Scheme

 C. Digital India

• D. Make in India
• Special Economic Zones (SEZs) are designed to:

 A. Attract foreign investment and promote exports

 B. Increase import duties

 C. Support traditional farming practices

• D. Regulate labor laws strictly


• . Under Startup India, DPIIT stands for:

 A. Department for Promotion of Industry and Internal Trade

 B. Directorate of Public Investment and Trade

 C. Department of Product Innovation and Technology

• D. Division of Policy for International Trade


• Which of the following is not a benefit under Startup India?

 A. Self-certification under labor laws

 B. Fast-tracking of patent applications

 C. Free office space for 5 years

• D. Tax exemptions on investments above Fair Market Value


• The objective of Software Technology Parks (STPs) is to:

 A. Promote software exports

 B. Enhance agricultural productivity

 C. Develop real estate

• D. Regulate telecom networks


• Which financial institution provides loans under the Stand-Up India scheme?

 A. World Bank

 B. IMF

 C. SIDBI (Small Industries Development Bank of India)

• D. WTO
• . Startups can get tax benefits under Startup India for:

 A. 1 year

 B. 2 years

 C. 3 years

• D. 5 years
• Which scheme supports women and SC/ST entrepreneurs in India?

 A. Atmanirbhar Bharat

 B. Stand-Up India

 C. Digital India

• D. Skill India
• The Export Promotion Capital Goods Scheme is mainly for:

 A. Importing luxury goods

 B. Exporting raw materials

 C. Promoting the import of capital goods for export production

• D. Encouraging foreign tourism


• . STTR differs from SBIR because it:

 A. Requires collaboration with a research institution

 B. Is only for non-profit organizations

 C. Does not require any collaboration

• D. Focuses solely on export promotion


• Which is the nodal agency for implementing SEZs in India?

 A. NASSCOM

 B. Ministry of Commerce and Industry

 C. RBI

• D. Ministry of Finance
• . Which initiative focuses on creating a robust ecosystem for startups in India?

 A. Skill India

 B. Startup India

 C. Digital India

• D. Make in India

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