New Enroll here to Join NaBFID Analyst Into Class on May 6

    Question

    What is the primary objective of SIDBI's "Mission

    Swavalamban "?
    A To provide financial aid exclusively to large enterprises. Correct Answer Incorrect Answer
    B To promote entrepreneurship development only to urban areas. Correct Answer Incorrect Answer
    C To promote an entrepreneurial culture and convert job seekers into job creators. Correct Answer Incorrect Answer
    D To focus only on high-tech industries Correct Answer Incorrect Answer
    E To ensure migration from rural areas to urban regions for better opportunities. Correct Answer Incorrect Answer

    Solution

    "Mission Swavalamban " is a comprehensive initiative by SIDBI to address non-financial challenges faced by MSMEs. It aims to foster an entrepreneurial ecosystem by encouraging youth to transition from job seekers to job creators, promoting sustainable livelihoods, and focusing on underserved segments and rural areas. The mission also aims to restrict rural migration by creating opportunities locally, thereby supporting economic growth and inclusivity. It serves as an umbrella program for aspiring and existing entrepreneurs at the grassroots level.

    Practice Next

    Relevant for Exams: