Question

Given below are two statements: one is labelled as Assertion A and the other one is labelled Reason R.
Assertion A: AICTE, UGC, NITI AAYOG and commercial banks are coming up with many offerings to promote entrepreneurship.
Reason R: Govemment wants to develop pro-entrepreneurship and supporting environment in the country. In the light of the above statements choose the most appropriate answer from the option given below:

• A. Both A and R are correct and R is the correct explanation of A
• B. Both A and R are correct and R is the NOT the correct explanation of A
• C. A is correct but R is not correct
• D. A is not correct but R is correct

Answer 1

The Correct Option is A

To determine the most appropriate answer, let's analyze both the Assertion (A) and the Reason (R), considering their correctness and the logical connection between them.

Assertion (A):

AICTE, UGC, NITI AAYOG, and commercial banks are coming up with many offerings to promote entrepreneurship.

This statement highlights the proactive measures taken by various Indian institutions, such as AICTE (All India Council for Technical Education), UGC (University Grants Commission), NITI AAYOG (National Institution for Transforming India), and commercial banks, in fostering entrepreneurship. These measures include providing resources, funding, and policy support to encourage entrepreneurial ventures.

Reason (R):

The government wants to develop a pro-entrepreneurship and supportive environment in the country.

This statement explains the government's intention to create an environment conducive to entrepreneurship. Promoting entrepreneurship is a key strategy for economic growth, job creation, and innovation.

Analysis:

• Both statements are correct: The assertion accurately describes the initiatives by Indian institutions to support entrepreneurship, and the reason provides a valid explanation for these initiatives.
• The Reason (R) directly explains the Assertion (A): The government's motive to nurture a pro-entrepreneurship environment justifies the actions taken by AICTE, UGC, NITI AAYOG, and commercial banks.

Conclusion:

The most appropriate answer is: Both A and R are correct and R is the correct explanation of A. The Reason (R) provides a logical and direct explanation for the Assertion (A), linking the efforts of various institutions with the government's overarching aim to promote entrepreneurship.