CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is India’s Rank according to the Startup Ecosystem Rankings Report 2020 released by StartupBlink?
A
25th
B
15th
C
13rd
D
23rd
Explanation: 

Detailed explanation-1: -India stands at the 20th spot among the top 100 countries that have been ranked in the Global Startup Ecosystem Index 2021 by Startup Blink. Like 2020, the US, the UK, Israel, Canada, and Germany are in the top five spots for 2021 too, and continue their lead.

Detailed explanation-2: -India ranks globally 3rd in Start-Up ecosystem and also in terms of number of Unicorns: Dr Jitendra Singh. India ranks globally 3rd in Start-Up ecosystem and also in terms of number of Unicorns. As per the latest data, there are currently 105 unicorns, out of which 44 were born in 2021 and 19 in 2022.

Detailed explanation-3: -India is placed 20th among the top 100 countries in Startup Blink’s Global Startup Ecosystem Index 2021.

Detailed explanation-4: -New Delhi: India ranks third in the global startup ecosystem and also in terms of the number of Unicorns. As per the latest data, there are currently 105 unicorns out of which 44 were born in 2021 and 19 in 2022.

Detailed explanation-5: -India’s startup economy has been growing since 2016 with businesses mushrooming rapidly across the country. To support and sustain its growth, the Indian government launched the Startup India initiative. As of 2022, a total of 80, 152 startups had been officially recognized by DPIIT.

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