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Economic Impact of Standup India

Standup India is a government scheme launched in 2015 to promote entrepreneurship among women and Scheduled Caste (SC), Scheduled Tribe (ST) and Other Backward Classes (OBC) communities. The scheme provides financial assistance, training and mentorship to entrepreneurs from these communities.

15 Questions Published
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Questions

Question 1 Multiple Choice (Single Answer)

In which year was the Standup India scheme launched?

  1. 2016
  2. 2017
  3. 2015
  4. 2018
Question 2 Multiple Choice (Single Answer)

What is the main objective of the Standup India scheme?

  1. To promote entrepreneurship among women and SC, ST and OBC communities
  2. To provide financial assistance to entrepreneurs from all communities
  3. To provide training and mentorship to entrepreneurs from all communities
  4. To promote entrepreneurship among all communities
Question 3 Multiple Choice (Single Answer)

What kind of financial assistance is provided under the Standup India scheme?

  1. Loans up to Rs. 10 lakh
  2. Loans up to Rs. 25 lakh
  3. Loans up to Rs. 50 lakh
  4. Loans up to Rs. 1 crore
Question 4 Multiple Choice (Single Answer)

What is the interest rate on loans provided under the Standup India scheme?

  1. 1%
  2. 2%
  3. 3%
  4. 4%
Question 5 Multiple Choice (Single Answer)

What is the repayment period for loans provided under the Standup India scheme?

  1. 5 years
  2. 7 years
  3. 10 years
  4. 15 years
Question 6 Multiple Choice (Single Answer)

What kind of training and mentorship is provided under the Standup India scheme?

  1. Training in entrepreneurship skills
  2. Mentorship from experienced entrepreneurs
  3. Both training in entrepreneurship skills and mentorship from experienced entrepreneurs
  4. None of the above
Question 7 Multiple Choice (Single Answer)

Who is eligible for the Standup India scheme?

  1. Women entrepreneurs
  2. SC, ST and OBC entrepreneurs
  3. Women and SC, ST and OBC entrepreneurs
  4. All entrepreneurs
Question 8 Multiple Choice (Single Answer)

What is the maximum age limit for entrepreneurs applying under the Standup India scheme?

  1. 35 years
  2. 40 years
  3. 45 years
  4. 50 years
Question 9 Multiple Choice (Single Answer)

What is the minimum educational qualification required for entrepreneurs applying under the Standup India scheme?

  1. Class 10th pass
  2. Class 12th pass
  3. Graduate
  4. Postgraduate
Question 10 Multiple Choice (Single Answer)

What is the maximum number of loans that can be sanctioned under the Standup India scheme?

  1. 1
  2. 2
  3. 3
  4. 4
Question 11 Multiple Choice (Single Answer)

What is the total amount of loans sanctioned under the Standup India scheme till date?

  1. Rs. 1 lakh crore
  2. Rs. 5 lakh crore
  3. Rs. 10 lakh crore
  4. Rs. 15 lakh crore
Question 12 Multiple Choice (Single Answer)

How many entrepreneurs have been benefited from the Standup India scheme till date?

  1. 1 lakh
  2. 5 lakh
  3. 10 lakh
  4. 15 lakh
Question 13 Multiple Choice (Single Answer)

What is the contribution of the Standup India scheme to the Indian economy?

  1. Rs. 1 lakh crore
  2. Rs. 5 lakh crore
  3. Rs. 10 lakh crore
  4. Rs. 15 lakh crore
Question 14 Multiple Choice (Single Answer)

What are the challenges faced by the Standup India scheme?

  1. Lack of awareness about the scheme
  2. Lack of access to finance
  3. Lack of training and mentorship
  4. All of the above
Question 15 Multiple Choice (Single Answer)

What are the future plans for the Standup India scheme?

  1. To expand the scheme to all entrepreneurs
  2. To increase the loan amount under the scheme
  3. To provide more training and mentorship to entrepreneurs
  4. All of the above
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