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Q26 (IAS/2016) Economy › Schemes, Inclusion & Social Sector › Financial sector schemes Official Key

With reference to 'Stand Up India Scheme', which of the following statements is/are correct? 1. Its purpose is to promote entrepreneurship among SC/ST and women entrepreneurs. 2. It provides for refinance through SIDBI. Select the correct answer using the code given below.

Result
Your answer: —  ·  Correct: C
Explanation

The correct answer is option C because both statements are correct.

Statement 1 is correct as the Stand-up India portal, launched in 2016, provides a digital platform based on three pillars to support enterprises promotion for SC, ST [1]and women entrepreneurs. The scheme is aimed at promoting entrepreneurship and job creation at the grassroots level, especially keeping in mind the SCs/STs and women.[2]

Statement 2 is also correct. The scheme provides for refinance through[3] SIDBI. There is a refinance window through Small Industries Development Bank of India (SIDBI) with an initial amount of Rs. 10,[4]000 crore.

Since both statements accurately describe key features of the Stand Up India Scheme, option C (Both 1 and 2) is the correct answer.

Sources
  1. [1] Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 12: Indian Industry > STAND-UP INDIA > p. 401
  2. [2] Indian Economy, Vivek Singh (7th ed. 2023-24) > Chapter 7: Indian Economy after 2014 > 7.8 Start-ups and Policy Enablers for Innovation > p. 239
  3. [4] https://www.pib.gov.in/newsite/PrintRelease.aspx?relid=134220
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Don’t just practise – reverse-engineer the question. This panel shows where this PYQ came from (books / web), how the examiner broke it into hidden statements, and which nearby micro-concepts you were supposed to learn from it. Treat it like an autopsy of the question: what might have triggered it, which exact lines in the book matter, and what linked ideas you should carry forward to future questions.
Q. With reference to 'Stand Up India Scheme', which of the following statements is/are correct? 1. Its purpose is to promote entrepreneursh…
At a glance
Origin: Books + Current Affairs Fairness: Moderate fairness Books / CA: 5/10 · 5/10
You're seeing a guest preview. The Verdict and first statement analysis are open. Login with Google to unlock all tabs.

This is a classic 'Flagship Scheme' question. The pattern is predictable: Statement 1 asks 'Who is it for?' (Beneficiary) and Statement 2 asks 'Who backs it?' (Financial Architecture). To crack these, you must move beyond the slogan and study the funding mechanism (Refinance/Nodal Agency) found in the PIB launch document.

How this question is built

This question can be broken into the following sub-statements. Tap a statement sentence to jump into its detailed analysis.

Statement 1
Does the Stand Up India Scheme aim to promote entrepreneurship among SC, ST and women entrepreneurs?
Origin: Direct from books Fairness: Straightforward Book-answerable
From standard books
Indian Economy, Nitin Singhania .(ed 2nd 2021-22) > Chapter 12: Indian Industry > STAND-UP INDIA > p. 401
Presence: 5/5
“• Launched in 2016, the Stand-up India portal provides a digital platform based on three pillars to support enterprises promotion for SC, ST and women entrepreneurs. • The portal also provides crucial links to central and state SC/ST corporations and industrial associations. • It provides for handholding support to borrowers both at the pre-loan stage and during \bullet operations”
Why this source?
  • Explicitly describes the Stand‑up India portal as supporting enterprise promotion for SC, ST and women entrepreneurs.
  • Mentions the portal's functions (digital platform, links to SC/ST corporations, handholding) which align with promoting entrepreneurship among these groups.
Indian Economy, Vivek Singh (7th ed. 2023-24) > Chapter 7: Indian Economy after 2014 > 7.8 Start-ups and Policy Enablers for Innovation > p. 239
Presence: 5/5
“• Stand Up India: It is aimed at promoting entrepreneurship and job creation at the grassroots level, especially keeping in mind the SCs/STs and women• Start Up India: Aimed at promoting bank financing for startup ventures to boost entrepreneurship and encourage job creation. Rural India's version of Startup India has been named Deen Dayal Upadhyaya Swaniyojan Yojana• Atal Innovation Mission (AIM): Govt's flagship initiative to promote a culture of innovation and entrepreneurship in the country.”
Why this source?
  • States Stand Up India is aimed at promoting entrepreneurship and job creation at the grassroots level, especially for SCs/STs and women.
  • Directly links the scheme's objective to the named beneficiary groups (SC/ST and women).
Statement analysis

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