ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Entrepreneurial bureaucracy is granting not only the possibility of a bureaucracy to be entrepreneurial in its spirit but also the attainability of a bureaucracy that fundamentally fosters and promotes intrastate entrepreneurship and innovation in both the public and state administration.

Detailed explanation-2: -While, an entrepreneur needs to be innovative while planning and deciding upon business activities as to fulfill the public demand but, it is not his duty to innovate new technology or products. Thus, innovation is not a function to be performed rather an essential characteristic of a successful entrepreneur.

Detailed explanation-3: -Startup India Seed Fund As per the union budget for the year 2022, this provides government funding for startups in India and the allocation of funds for startup funding is 283.5 crores for the year 2022.

Detailed explanation-4: -Villian is not a type of enterpreneur.