Question : Assertion: The Pradhan Mantri Rojgar Protsahan Yojana offers incentives to employers to promote job creation.
Reason: It aims to encourage foreign direct investment in India.
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: The assertion is true, but the reason is false.
Solution : The correct answer is (c) The assertion is true, but the reason is false.
The Pradhan Mantri Rojgar Protsahan Yojana does offer incentives to employers to promote job creation by reimbursing a portion of the employer's contribution to the Employee Pension Scheme (EPS) for new employees. However, the reason provided, "It aims to encourage foreign direct investment in India," is not accurate. The primary objective of the scheme is to incentivize employers in India to generate new employment opportunities and contribute to the social security benefits of workers. It is not specifically designed to encourage foreign direct investment.
Question : Assertion: The Startup India initiative was launched to promote and support startups in India.
Reason: It provides various benefits, such as tax exemptions and funding opportunities, to eligible startups.
Question : Assertion: The Stand-Up India scheme focuses on promoting entrepreneurship among women and SC/ST entrepreneurs.
Reason: It provides financial assistance to micro and small enterprises in rural areas.
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