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Question : Case Study 11: Role of Government Schemes

A group of young entrepreneurs started a tech company with a vision to bridge the digital divide in rural areas. The government supported their initiative by providing financial assistance and incentives.

Question:

How did the government's financial assistance impact the tech company?

Option 1: It led to the closure of the company
    

Option 2: It increased competition from other tech firms
   

Option 3: It supported the company's initiative in rural areas

 

Option 4: It increased taxation for the company


Team Careers360 16th Jan, 2024
Answer (1)
Team Careers360 17th Jan, 2024

Correct Answer: It supported the company's initiative in rural areas


Solution : The correct answer is (c) It supported the company's initiative in rural areas

The government's financial assistance supported the tech company's initiative to bridge the digital divide in rural areas. This assistance likely played a crucial role in helping the company implement its vision and contribute to digital inclusion in rural regions.

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