ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Entrepreneurial Guidance Bureau(EGB) was set up by ____
A
SISI.
B
SIPCOT.
C
IIC.
D
SIDCO.
Explanation: 

Detailed explanation-1: -The industries and Commerce Department headed by the Government of Pondicherry India set up an Entrepreneurial Guidance Bureau.

Detailed explanation-2: -Expert-Verified Answer. Explanation: An Entrepreneurial Guidance Bureau was established by the Government of Pondicherry India’s Industries and Commerce (IIC) Department.

Detailed explanation-3: -Entrepreneurial Guidance Bureau (EGB) EGB also renders assistance from banks/financial institutions or for submitting proposals for the letter of intent, etc. EGB also establishes direct contact with engineering graduates, technically qualified personnel and small entrepreneurs to promote entrepreneurship development.

Detailed explanation-4: -Which of the following sector encourage small scale entrepreneurship and has minimum hurdles to market entry? Manufacturing.

Detailed explanation-5: -The entrepreneur is defined as someone who has the ability and desire to establish, administer and succeed in a startup venture along with risk entitled to it, to make profits. The best example of entrepreneurship is the starting of a new business venture.

There is 1 question to complete.