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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To provide financial assistance to entrepreneurs the government has set up a number of ____
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financial advisors.
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financial intermediaries.
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Industrial estates
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financial institutions.
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Explanation:
Detailed explanation-1: -Financial assistance to entrepreneurs is granted by commercial banks, State Financial Corporations, State Directorate of Industries, National Small Industries Corporation, state Small Industries Corporations, and-all-India-development banks.
Detailed explanation-2: -National Institute for Entrepreneurship & Small Business Development (NIESBUD). Indian Institute of Entrepreneurship (IIE) Entrepreneurship Development Institute of India (EDII) National Bank for Agricultural & Rural Development (NABARD)
Detailed explanation-3: -Financial institutions help small and medium-scale enterprises set up themselves in their initial business days. They provide long-term as well as short-term funds to these companies.
There is 1 question to complete.