Subject: Economics
Book: Comprehensive Indian Economy
India’s burgeoning startup culture is driven by youth entrepreneurship, government incentives (Startup India), and venture capital inflows. Focus areas include fintech, edtech, agritech, and biotech. Simplified compliance, tax breaks, and “fund of funds” aim to reduce entry barriers. Despite success stories, challenges remain in scaling ventures, patent backlogs, and skill mismatches. Understanding how accelerator programs, seed funding, and incubators foster innovation is vital for exam answers. Also examine policies enabling foreign investment, potential bubble concerns, and steps to integrate startups with traditional industries for job creation.
What is the term for the ability of an economy to produce more output from the same inputs?
View QuestionWhat is the purpose of the "Minimum Support Price" (MSP) in India?
View QuestionWhich of the following is NOT an example of a direct tax?
View QuestionWhich is the largest source of tax revenue for the Government of India?
View QuestionWhich economic concept is described as “the next best alternative foregone”?
View QuestionWhich organization publishes the Human Development Index (HDI)?
View QuestionWhat does the “Phillips Curve” show?
View QuestionWhat is a “repo rate”?
View QuestionWhich term refers to the decrease in the value of a currency relative to foreign currencies?
View QuestionWhat is meant by “structural unemployment”?
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