Which of the following statements are correct regarding Start Up 1 Under this scheme tax exemption t...........

Economic Affairs Planning in India

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Which of the following statements are correct regarding 'Start Up'?

1) Under this scheme, tax exemption to startups for 3 years.

2) It facilitates loans to Scheduled Caste (SC) or Scheduled Tribe (ST) and one woman per branch.

3) It aims to empower startups to grow through innovation and design.

Select the correct code

1 and 2

2 and 3

1 and 3

1, 2 and 3

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Explanation:

3rd option is correct. Start- Up India is a flagship initiative was launched by government of India to build a strong eco-system for nurturing innovation and startups in the country which will drive economic growth and generate large scale employment opportunities.