DPIIT Startup Definition Turnover Limit
CMAT 2021 · Innovation & Entrepreneurship · Medium · Innovation and Entrepreneurship
A startup defined as an entity that is headquartered in India, which was opened less than 10 years ago, and has an annual turnover less than
- A.
Rs. 10 crore
- B.
Rs. 100 crore
- C.
Rs. 50 crore
- D.
Rs. 1 crore
Answer
B
Explanation
Under Startup India guidelines, an entity is considered a Startup up to 10 years from incorporation if its turnover for any financial year has not exceeded Rs 100 crore.
Related Innovation and Entrepreneurship questions
- #3890Tez Payment App LaunchCMATINEMCQEasy
- #3891Passage on Venture Funding and Entrepreneurship AdviceCMATINESET · 9QMedium
- #3892Legal term for brandCMATINEMCQEasy
- #3893Entrepreneurs and riskCMATINEMCQEasy
- #3894Entrepreneurial intentCMATINEMCQMedium
- #3895Type of financing by Angel InvestorsCMATINEMCQEasy
- #3896Market Segments CompositionCMATINEMCQEasy
- #3897Conclusion of Business PlanCMATINEMCQMedium
Practise this under exam conditions
Sign in to solve it with a live timer, the on-screen CAT calculator, and streak and accuracy tracking across every question you attempt.
Solve in the workspace