Entrepreneurship, Module-1 - Practice Mode

1) The word funding means ________.
Correct Answer: Money to start a business
2) A ______is a new business, which later grows into a big company
Correct Answer: Start Up
3) _____?supports entrepreneurs to get loans under several schemes in district level.
Correct Answer: District Industry Centres (DIC)
4) Prem wants to start a shop. He can apply for _____? loan to have benefits.
Correct Answer: MUDRA
5) Seema plans to open a hotel and has applied for a MUDRA Loan. What must she submit as part of her loan MUDRA loan application?
Correct Answer: A business plan
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