Multiple Choice Questions on With reference to Bank of Schemes Ideas Innovation and Research portal on MSMEs consider following s........... for UPSC Civil Services Examination (General Studies) Preparation

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Multiple Choice Questions

With reference to Bank of Schemes Ideas Innovation and Research portal on MSMEs consider following s...........

Governance Issues E-Governance
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    With reference to Bank of Schemes, Ideas, Innovation and Research portal on MSMEs, consider following statements

    1. lt gives access to all Schemes of Union, State and UT Governments.
    2. It has unique features of not only crowd sourcing of Ideas, but also evaluation and rating the ideas by crowd sourcing.
    3. It can also facilitate inflow of venture capital, foreign collaboration.

    Select the correct statement.

    1&2 only

    Incorrect Answer

    2&3 only

    Incorrect Answer

    1&3 only

    Incorrect Answer

    All of the above

    Correct Answer
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    Explanation:
    • Recently, Union Minister of Road transport & Highways and MSME Shri Nitin Gadkari launched Bank of Schemes, Ideas, Innovation and Research portal on MSMEs through Video Conference from Nagpur.
    • The Portal gives access to all Schemes of Union, State and UT Governments. It has the provision for uploading Ideas, Innovations & Researches in the sector.
    • The portal has unique features of not only crowd sourcing of Ideas, but also evaluation and rating the ideas by crowd sourcing. It can also facilitate inflow of venture capital, foreign collaboration etc.

    By: Shubham Tiwari
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