Question

In relation to Indian industries entrepreneurship is

• A. Necessary
• B. Unnecessary
• C. Burden
• D. Wastage of time and money

Hint:

Entrepreneurship = Backbone of industrial and economic development in India.

Answer 1

The Correct Option is A

Step 1: Importance of entrepreneurship in India.
Entrepreneurship is essential for industrial growth, innovation, and job creation in a developing country like India.
Step 2: Why necessary.
- It promotes industrialisation and self-reliance.
- It creates employment opportunities.
- It contributes to GDP and economic development.
Step 3: Option analysis.
- (A) Necessary: Correct, entrepreneurship is vital for Indian industries.
- (B) Unnecessary: Wrong, it is highly required.
- (C) Burden: Wrong, entrepreneurship drives growth.
- (D) Wastage of time/money: Wrong, it is productive.
Step 4: Conclusion.
Entrepreneurship is necessary for Indian industries.