BUSINESS ADMINISTRATION
ENTREPRENEURIAL DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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35 per cent
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51 per cent
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25 per cent
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None of the above
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Detailed explanation-1: -The government of India (1984) defined woman entrepreneur as “an enterprise owned and controlled by a woman having a minimum financial interest of 51 per cent of the capital and giving at least 51 per cent of employment generated in the enterprise to women".
Detailed explanation-2: -Ans. According to the rules set by the Indian government, in woman entrepreneurship, a woman entrepreneur has to have at least 51 percent of financial interest.
Detailed explanation-3: -Ownership position of more than 50 per cent in a business is known as: Minority Interest.
Detailed explanation-4: -Women entrepreneurship is about women’s position in the society and their role as entrepreneurs in the same society. It can be understood in two ways, namely, at the individual level (number of self-employed) and at the firm level (number of firms owned by women and their economic impact).