Question 82

Read the following statements and respond to the question that follows :

A. The primary goal of a startup pitch is to secure funding or support from investors.
B. 'Innovation' and 'adaptability' best describe an entrepreneurial mindset.
C. A non-profit organisation is one example of a startup.
D. Neeti Ayog was earlier known as the Planning Commission.
E. Dr Manmohan Singh was the Governor of the RBI and died recently.

Choose the correct answer from the options given below :

The primary reason a startup is pitched to investors is to raise funding from them and secure further growth. Sentence A captures this and is correct. Sentence B is also correct; both innovation and adaptability are characteristics of an entrepreneurial mindset. Sentence C is incorrect; a non-profit organisation does not qualify as a startup. Sentence D states a fact: Neeti Aaayog was indeed known as the Planning Commission. Sentence E also states a fact: Dr Manmohan Singh was a Governor of the RBI and had passed away recently.

Sentences A, B, D, and E are true, and option C is the correct answer.

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