Election Day- Use Code DEMOCRACY24

Register Now

India has 100 Unicorns worth 333 billion USD

Published on May 07, 2022
Current Context: As per Ministry of commerce data, India has a total of 100 Unicorns.
India has 100 Unicorns worth 333 billion USD
  • India has added 44 unicorns in fiscal 2021-22, worth 93 billion USD. As per the Dept for Promotion of Industry and Internal Trade, as many as 66,000 startups have come.
  • DPIIT recognizes startups across 56 sectors, the majority of which have come from the services sector. This is a result of the government of India's simplification of labour laws into 4 labour codes. The government has also done away with 25,000 odd compliances which were a major bottleneck for the startups.
  • Schemes like Startup India and stand up India have helped to create a conducive atmosphere of innovation and investment.

Question:

Q.1 Across how many sectors have startups come up as per DPIIT?
a. 56
b. 55
c. 54
d. 53
ebook store

About us

ramandeep singh

Ramandeep Singh, your guide to banking and insurance exams. With 14 years of experience and 5000+ selections, Ramandeep understands the path to success, having transitioned himself from Dena Bank and SBI. He's passionate about helping you achieve your banking and insurance dreams.

  • Follow me:
Close Menu
Close Menu