INTRODUCTION TO ENTREPRENEURSHIP
IMPORTANCE OF ENTREPRENEURSHIP IN ECONOMIC DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Young Enterprise.
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Youth venture.
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Young Business.
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Young Initiative.
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Detailed explanation-1: -The government set’s various Programmes to help entrepreneurs in the field of technique, finance, market and entrepreneurial development so that they help to accelerate and adopt the changes in industrial development.
Detailed explanation-2: -Which of the following sector encourage small scale entrepreneurship and has minimum hurdles to market entry? Manufacturing.
Detailed explanation-3: -Induced entrepreneur is one who is induced to take up an entrepreneurial task due to the policy measures of the government that provides assistance, Incentives, concessions and necessary overhead, facilities to start a venture.
Detailed explanation-4: -Coordination. Develop a national policy for the overall development of small and medium scale industries. Maintain a liaison with the Planning Commission, Central Ministries, Financial Institutions, and State Government. Formulate the programmes and policies of several state governments.