13 Views

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.

Related Questions

East Point College | BBA Admi...
Apply
NBA Accredited | AICTE Approved
East Point College | MBA Admi...
Apply
NBA Accredited | AICTE Approved
Chitkara University MBA Admis...
Apply
NAAC A+ Accredited | 100% CAMPUS RECRUITMENT
Great Lakes PGPM & PGDM 2025
Apply
Admissions Open | Globally Recognized by AACSB (US) & AMBA (UK) | 17.3 LPA Avg. CTC for PGPM 2024 | Extended Application Deadline: 10th Feb 2024
GNIOT Institute of Management...
Apply
Highest CTC International 23.31 LPA | Highest CTC Domestic 12.5 LPA | Average CTC 7.25 LPA | Avail Merit Based Scholarships
AIMS-ATMA 2025
Apply
National Level Entrance Test | Recognized by Over 200 Top B-Schools across India
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books