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Question : Statement 1: Entrepreneurship development leads to job creation and reduced unemployment.

Statement 2: The Pradhan Mantri Rojgar Protsahan Yojana offers incentives to employers to do more household activities.

Option 1: Both statements are true.
 

Option 2: Statement 1 is true, but statement 2 is false.
 

Option 3: Statement 2 is true, but statement 1 is false.

 

Option 4: Both statements are false.

Team Careers360 21st Jan, 2024

Correct Answer: Statement 1 is true, but statement 2 is false.
 


Solution : The correct answer is (b) Statement 1 is true, but statement 2 is false.

Statement 1 is true. Entrepreneurship development can lead to job creation and contribute to the reduction of unemployment, as new businesses often generate employment opportunities.

Statement 2 is false. The Pradhan Mantri Rojgar Protsahan Yojana is an Indian government scheme that provides incentives to employers for promoting employment generation, but it does not offer incentives specifically for household activities.

8 Views

Question : Statement 1: Entrepreneurship development leads to job creation and reduced unemployment.

Statement 2: The Pradhan Mantri Rojgar Protsahan Yojana offers incentives to employers to promote job creation.

Option 1: Both statements are true.
 

Option 2: Statement 1 is true, but statement 2 is false.
 

Option 3: Statement 2 is true, but statement 1 is false.

 

Option 4: Both statements are false.

Team Careers360 19th Jan, 2024

Correct Answer: Both statements are true.
 


Solution : The correct answer is (a) Both statements are true.

Statement 1 is accurate. Entrepreneurship development can lead to job creation and contribute to the reduction of unemployment.

Statement 2 is also true. The Pradhan Mantri Rojgar Protsahan Yojana is a government scheme in India that offers incentives to employers for promoting job creation by incentivizing the addition of new employees.

9 Views

Question : Which of the following is an example of the principle of stability in the management process?

Option 1: A manager constantly changing the organizational structure

Option 2: A manager providing job security to employees

Option 3: A manager regularly changing the job responsibilities of employees

 

Option 4: A manager promoting employees based on favoritism

Team Careers360 20th Jan, 2024

Correct Answer: A manager providing job security to employees


Solution : The principle of stability in the management process states that employees should be given job security and stability, which helps to reduce anxiety, increase job satisfaction, and improve productivity.

Hence, Option B is correct.

7 Views

Question : Why is entrepreneurship development important?

Option 1: It promotes economic growth and development
 

Option 2: It provides job opportunities
   

Option 3: It fosters innovation and creativity

 

Option 4: All of the above

Team Careers360 23rd Jan, 2024

Correct Answer: All of the above


Solution : The correct answer is (d) All of the above.

Entrepreneurship development is important for several reasons, and all of the options mentioned are valid and interconnected reasons. 

Overall, entrepreneurship development is crucial for economic vitality, job creation, fostering innovation, and promoting social progress. It not only benefits individuals who embark on entrepreneurial journeys but also contributes to the growth and well-being of societies as a whole.

3 Views

Question : Case Study 7: Impact of Entrepreneurship on Employment

Ms. Patel, a successful entrepreneur, founded a chain of boutique hotels in various tourist destinations across the country. Her hotels have not only attracted tourists but also provided job opportunities to the local community.

Question:

Ms. Patel's role as an entrepreneur has contributed to:

Option 1: Decreased tourist attractions
 

Option 2: Increased pollution in tourist destinations
   

Option 3: Economic development and employment generation

   

Option 4: Decline in the hospitality industry

Team Careers360 16th Jan, 2024

Correct Answer: Economic development and employment generation

   


Solution : The correct answer is (c) Economic development and employment generation

Ms. Patel's founding of a chain of boutique hotels in various tourist destinations has likely contributed to economic development in those areas. Additionally, by providing job opportunities, her entrepreneurship has contributed to employment generation in the local community.

45 Views

Question : Comprehension

In the following passage some words have been deleted. Fill in the blanks with the help of the alternatives given. Select the most appropriate option for each blank.

Unemployment is a major issue in India that (1)________millions of people across the country. Despite being one of the fastest-growing economies in the world, India has struggled to create (2)________jobs to keep up with its rapidly expanding population. The unemployment rate in India varies widely (3)________ different states and regions. Young people, in particular, face significant challenges in finding employment. Many are highly educated but lack the skills and experience needed to (4)________ in a highly competitive job market. There are many factors contributing to the high levels of unemployment in India. Some of these include a lack of investment in infrastructure, a mismatch between the skills of workers and the needs of employers, and a lack of access to finance for small and medium-sized businesses. The Indian government has launched several initiatives to address the issue of unemployment in the country. These include programs to support small businesses, increase investment in infrastructure and provide vocational training to young people. However, much more needs to be done to create sustainable, long-term employment opportunities for all Indians. Unemployment can have serious social and economic consequences, including poverty, crime and social (5)________.

Select the most appropriate option to fill in blank no. 5.

Option 1: cohesion

Option 2: stigma

Option 3: unrest

Option 4: solidarity

Team Careers360 23rd Jan, 2024

Correct Answer: unrest


Solution : The most appropriate choice is the third optionunrest.

Unemployment often leads to social discontent, dissatisfaction, and instability within a society. Unrest encapsulates the sense of dissatisfaction, tension, and potential for upheaval resulting from widespread joblessness.

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