Innovation Mod 2

The second rule to develop an innovative startup is:

• Challenge the existing business models

• Understand customer expectations

• Solve customer's pain points

• Increase the revenues

To promote startups in India, the government of India has started:

• Startup India

• Skill India Mission

• Start in India

• Swachh Bharat Mission

________________ help in providing the second round of funding

• Accelerators

• National Innovation Foundation

• Incubators

• Venture Capitalists

GeM stands for ________

• Gender empowerment measure

• Government e-marketplace

• Government, education and medical services

• Globally executable multimedia

Which of the following is not the objective of Atal Innovation Mission (AIM)

• Promote a culture of innovation and entrepreneurship in the country

• Conducting competition across cities for students

• Tap ideas of students and young minds

• Provide financial assistance to individuals

A unicorn startup has a market valuation of ___

• $ 10 Billion

• $ 1 Billion

• $ 1 Trillion

• $ 5 Billion

The government of India has played a vital role in developing 'earth stations' for innovation. What are these earth stations?

• Space centers

• Special economic zones

• Research centers

• Software Technology Parks of India

A patent is :

• A commercial right granted for an invention

• An exclusive right granted for an innovation

• An exclusive right granted for an invention

• A commercial right granted for an innovation

_________a startup means growing your business with little or no venture capital or outside investment.

• Bootstrapping

• Incubating

• Accelerating

• Crowd funding