Question : Assertion: Entrepreneurship development leads to job creation and reduced unemployment.
Reason: Successful entrepreneurs hire more employees as their businesses grow.
Option 1: Both assertion and reason are true, and the reason correctly explains the assertion.
Option 2: Both assertion and reason are true, but the reason does not correctly explain the assertion.
Option 3: The assertion is true, but the reason is false.
Option 4: The assertion is false, but the reason is true.
Correct Answer: Both assertion and reason are true, and the reason correctly explains the assertion.
Solution : The correct answer is (a) Both assertion and reason are true, and the reason correctly explains the assertion.
The assertion is true as entrepreneurship development often leads to job creation and reduced unemployment. The reason is also true because successful entrepreneurs, as their businesses expand, typically hire more employees to meet the demands of their growing ventures. The reason correctly explains the assertion.
Question : Assertion: The Mudra Yojana provides financial support to small entrepreneurs for setting up or expanding their businesses.
Reason: It offers collateral-free loans to only medium and large producers.
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