With reference to Bharat Startup Knowledge Access Registry (BHASKAR) initiative, which of the following statements are correct? 1. It facilitates seamless interaction across sectors by bridging gaps between startups, investors, mentors, and other stakeholders. 2. It provides each stakeholder with a unique Startup ID. 3. Department for Promotion of Industry and Internal Trade (DPIIT) is responsible for launching BHASKAR. Select the correct answer using the codes given below: |ForumIAS

Q. With reference to Bharat Startup Knowledge Access Registry (BHASKAR) initiative, which of the following statements are correct?
1.It facilitates seamless interaction across sectors by bridging gaps between startups, investors, mentors, and other stakeholders.
2.It provides each stakeholder with a unique Startup ID.
3.Department for Promotion of Industry and Internal Trade (DPIIT) is responsible for launching BHASKAR.
Select the correct answer using the codes given below:

[A] 1 and 2 only

[B] 2 and 3 only

[C] 1 and 3 only

[D] 1, 2 and 3

Answer: C

Notes:

Explanation –

Statements 1 and 3 are correct. BHASKAR is designed to serve as a centralized hub that facilitates seamless interaction and collaboration among startups, investors, mentors, and other stakeholders within the entrepreneurial ecosystem. The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, is responsible for launching the BHASKAR initiative.

Statement 2 is incorrect. The initiative provides each stakeholder with a unique BHASKAR ID to ensure personalized interactions and tailored experiences across the platform.

Source: AIR

The Last Webinar on Mains 2024 | Session by Mr. Ayush Sinha