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Question : Which of the following is an example of a non-financial incentive for entrepreneurship development?

Option 1: Tax exemptions

Option 2: Access to capital

Option 3: Business incubation

Option 4: Public recognition and awards


Team Careers360 20th Jan, 2024
Answer (1)
Team Careers360 22nd Jan, 2024

Correct Answer: Public recognition and awards


Solution : Non-financial incentives refer to rewards or benefits that are not directly related to money or financial gain. Public recognition and awards are examples of non-financial incentives that can motivate and encourage entrepreneurs to develop their businesses. Tax exemptions, access to capital, and business incubation are examples of financial incentives.
Hence Option D is correct.

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