Question:
The Government of India has launched the following initiative a few years ago to drive the new age ideas and enterprises:
The Government of India has launched the following initiative a few years ago to drive the new age ideas and enterprises:
Updated On: Jan 13, 2026
- Production Linked Incentive (PLI)
- Special Economic Zone (SEZ)
- Technology Development Board
- Start-Up India
Show Solution
Verified By Collegedunia
The Correct Option is D
Solution and Explanation
The question asks about a government initiative in India aimed at driving new-age ideas and enterprises. Let's analyze each option to find the correct answer:
- Production Linked Incentive (PLI): This scheme is designed to boost domestic manufacturing in India and enhance exports by offering incentives to companies. While it supports industrial growth, it is more focused on manufacturing rather than fostering new-age ideas or entrepreneurship.
- Special Economic Zone (SEZ): SEZs are areas within a country where business and trade regulations differ from the rest of the country. The primary aim of SEZs is to increase trade, investment, job creation, and effective administration, not specifically to promote new ideas or enterprises.
- Technology Development Board: This is aimed at facilitating the development and commercialization of indigenous technology and promoting innovation, but it does not specifically target new-age entrepreneurship as a core objective.
- Start-Up India: Launched in 2016, the "Start-Up India" initiative is specifically aimed at promoting entrepreneurship, encouraging new-age businesses, and driving innovation. It provides financial assistance, simplifies regulatory processes, and creates a supportive environment for startups to thrive.
Based on the analysis above, the initiative that aligns with the objective of driving new-age ideas and enterprises in India is the Start-Up India initiative.
This initiative plays a crucial role in nurturing the entrepreneurial spirit in India by providing the necessary support and ecosystem to startups.
Therefore, the correct answer is Start-Up India.
Was this answer helpful?
0
0
Top CMAT Innovation & Entrepreneurship Questions
- Please select the most appropriate reason for the government’s increasing role in business globally
- Match List I with List IIChoose the correct answer from the options given below:
List I (Profession) List II (Task‐ Outcome) (A) Entrepreneur (i) Utility Maximization (B) Manager (ii) Get the work done (C) Retailer (iii) Calculated Risk taking (D) Customer (iv) Value Addition - A professional or manager who takes a new initiative for his/her organisation and establish a new distinct business unit for the same organisation can appropriately be referred as:
- According to Schumpeter, which of the following is the primary function of a new age entrepreneur
- Shruti wants to start a small floral shop. As a part of her business plan, he prepared an "entertaining MS PowerPoint Presentation" to garner interest among potential investors and trigger discussion. This format of business plan is known as
View More Questions
Top CMAT Entrepreneurship: Concept, Functions and Need Questions
- Given below are two statements :
Statement I : An Intrapreneur operates within a large organisation to drive innovation.
Statement II : An Intrapreneur is the same as an entrepreneur, working independently to start a new business.
In the light of the above statements, choose the most appropriate answer from the options given below : - Who is a Fabian Entrepreneur?
- Given below are two statements :
Statement I : A startup's valuation is usually lower during the seed funding stage compared to later stages.
Statement II : Venture capital is typically the first source of funding for most start ups.
In the light of the above statements, choose the correct answer from the options given below : - Given below are two statements :
Statement I : Lean start up methodology prioritizes extensive market research before any product.
Statement II : Lean start up methodology focuses on creating a Minimal Viable Product (MVP) to test hypotheses.
In the light of the above statements, choose the correct answer from the options given below : - An entrepreneur is a person who
View More Questions
Top CMAT Questions
- If the cost price is 80% of the selling price, then what is the profit in percentage?
- The average age of three friends is 20 years and their ages are in the proportion 2:3:5, the age of the oldest friend is :
- If a 30 meter ladder is placed against a wall such that it just reaches the top of the wall, if the horizontal distance between the wall and the base of the ladder is 1/3rd of the length of ladder, then the height of wall is :
- The following pie chart embodies the details about the per cent production by seven different companies A‐G with the total production for all companies at 1500 units.
(A) Companies A & G are producing more than 500 units
(B) Companies B & F are producing less than 250 units
(C) Companies C & E account for 705 units
(D) Companies D & G are producing less than 200 units
(E) Companies E, F & G account for 545 units
Choose the correct answer from the options given below: - With an average speed of 40 km/hr, a train reaches its destination in time. If it goes with an average speed of 30 km/hr, it is late by 36 minutes. The total distance travelled by train is
View More Questions