PPSC PCS 2025 · Question 85 of 100

Consider the following statements regarding the eligibility criteria for recognition as a startup under the Startup India Initiative: 1. An entity shall be considered as a startup up to a period of 10 years from the date of its incorporation. 2. The entity's turnover should not have exceeded $\text{₹}1000$ crores in any financial year since its incorporation. 3. An entity formed by splitting up or reconstruction of an existing business is eligible to be considered as a startup. Which of the statements given above is/are correct?

Economy

1. A1 onlyCorrect
2. B1 and 3 only
3. C2 and 3 only
4. D1, 2 and 3