Question : Assertion: Entrepreneurship development plays a crucial role in economic growth.
Reason: Entrepreneurs create new ventures with the sole aim of profit motive.
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.
Entrepreneurship development indeed plays a crucial role in economic growth. Entrepreneurs create new ventures not only with the aim of profit motive but also contribute to job creation, innovation, and overall economic development. The reason correctly explains the assertion in this context.
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