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    Question

    What is the primary focus of the ASPIRE scheme of the

    Ministry of Micro, Small & Medium Enterprises, Government of India?
    A Urban development Correct Answer Incorrect Answer
    B Technology innovation Correct Answer Incorrect Answer
    C Environmental conservation Correct Answer Incorrect Answer
    D Establishment of livelihood business incubation centres Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The ASPIRE (A Scheme for Promotion of Innovation, Rural Industries and Entrepreneurship) scheme aims to promote entrepreneurship and innovation in the MSME (Micro, Small and Medium Enterprises) sector by setting up livelihood business incubation centres, technology business incubators, and fund of funds for start-ups. This initiative focuses on creating a supportive ecosystem for entrepreneurs and startups in the MSME sector.

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