Question

Minor changes were introduced in the definition of startup. Consider the following statements in context to the agreement.; I. It says that to qualify under the startup action plan, an entity must not be older than 3 years.; II. It says that the entity’s turnover must not cross the sum of Rs 225 crore in three years.; III. For startups in the biotechnology sector, the period shall be up to 7 years.; Which is/are correct?
A) Only III
B) Only I and II
C) Only I and III
D) None of these are true

Answer 1

Answer:

C) Only I and III

Explanation:

Answer 2

Minor changes were introduced in the definition of startup. Consider the following statements in context to the agreement.; I. It says that to qualify under the startup action plan, an entity must not be older than 3 years.; II. It says that the entity’s turnover must not cross the sum of Rs 225 crore in three years.; III. For startups in the biotechnology sector, the period shall be up to 7 years.; Which is/are correct?

C) Only I and III Is the correct answer