technology medium fill in the blank

The government body that recognizes startups for tax benefits and regulatory support is ________.

  1. DPIIT
  2. SLAAC
  3. PTES
  4. FIU-IND

Answer: DPIIT

DPIIT (Department for Promotion of Industry and Internal Trade) recognizes startups under Startup India initiative. Recognized entities avail tax exemptions, easier compliance, and IPR fast-tracking. Recognition requires innovation, scalability, and <10 years since incorporation. Critical for entrepreneurship policy questions.

Topic Indian Tech Startups
Exam Relevance UPSC, SSC, Banking

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