Incentives and Technology Development

The video discusses government support for entrepreneurs, focusing on incentives and subsidies to boost industrial development, especially in backward areas. It explains financial and non-financial incentives, their impact on technology transformation, and regional development. The video also highlights the advantages of these incentives in helping industries compete and grow.

What is the primary focus of the government's promotional assistance discussed in the video?

• Boosting agricultural development

• Improving healthcare facilities

• Supporting educational institutions

• Enhancing industrial development in backward areas

Which of the following is a financial incentive provided by the government?

• Concessions

• Technical assistance

• Training programs

• Marketing support

What is the purpose of a subsidy as explained in the video?

• To provide a lump sum to cover costs

• To reduce competition

• To increase taxes on industries

• To offer free marketing services

How do incentives help in technology transformation?

• By increasing taxes

• By improving skills and productivity

• By reducing wages

• By maintaining traditional technology

What is one of the effects of incentives on regional development?

• Increased regional imbalances

• Centralization of industries

• Decentralization and balanced development

• Reduction in industrial growth

What is a characteristic of modern technology as mentioned in the video?

• Traditional methods

• Low productivity

• Low wages

• Improved skills

Why are incentives provided to industries in backward areas?

• To centralize industries

• To reduce industrial growth

• To increase competition

• To offset disadvantages

What is the role of financial aid in entrepreneurship as discussed?

• To reduce competition

• To centralize industries

• To support industrial ventures

• To increase taxes

Which type of incentive is not based on taxes?

• Financial incentives

• Non-tax-based incentives

• Subsidies

• Concessions

What is an example of a non-financial incentive?

• Marketing assistance

• Tax reductions

• Concessions

• Subsidies