MCQ on Startup India

When was the Startup India initiative launched by the Government of India?

• January 1, 2015

• January 16, 2016

• July 31, 2017

• August 15, 2014

What is the maximum annual turnover a company can have to be eligible for Startup India benefits?

• ₹50 crore

• ₹75 crore

• ₹100 crore

• ₹150 crore

Under Startup India, how long are startups eligible for tax exemptions on profits?

• 1 year

• 2 years

• 3 years

• 5 years

What is the corpus allocated for the Fund of Funds for Startups (FFS)?

• ₹5,000 crore

• ₹7,500 crore

• ₹10,000 crore

• ₹15,000 crore

Which initiative focuses on empowering SC/ST and women entrepreneurs through greenfield enterprises?

• Startup India

• Standup India

• Atal Innovation Mission

• Make in India

What is the primary aim of the National Innovation Council (NIC)?

• Promoting rural infrastructure

• Driving systemic innovation across sectors

• Regulating startups in India

• Supporting export-oriented industries

What kind of startups does the Women Entrepreneurship Platform (WEP) support?

• Rural startups

• Women-led startups

• Technology startups

• Biotech startups

Which scheme provides loans up to ₹10 lakhs to micro and small enterprises?

• Standup India

• Pradhan Mantri Mudra Yojana (PMMY)

• Atal Innovation Mission

• Credit Guarantee Scheme

What type of support does Kerala Startup Mission (KSUM) offer?

• Export subsidies

• Incubation, funding, and mentoring

• Import facilitation

• Tax refunds

What does the India Innovation Index measure?

• GDP growth of states

• Innovation capabilities of states

• Tax revenues of startups

• Export capabilities of regions