Bootstrapping Entrepreneurship in India

CMAT 2025 · INE · Medium · Entrepreneurship

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Given below are two statements: One is labelled as Assertion (A) and the other is labelled as Reason (R).

Assertion (A): Bootstrapping entrepreneurship is one of the most adopted forms of entrepreneurship in India. Reasons (R): Managing a business through one's own financial resources is the first and easiest option available for the entrepreneur to start a business.

In light of the above statements, choose the most appropriate answer from the options given below :

  1. A.

    Both (A) and (R) are correct and (R) is the correct explanation of (A)

  2. B.

    Both (A) and (R) are correct but (R) is NOT the correct explanation of (A)

  3. C.

    (A) is correct but (R) is not correct

  4. D.

    (A) is not correct but (R) is correct

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