Why is giving only credit not enough for a woman entrepreneur?
Answer and explanation
Correct answer: Because market information, training, accounting support and sales assistance are also necessary
Credit provides capital, but running an enterprise also requires market information, skills training, cost and accounts management, access to inputs, and sales opportunities. Therefore, option B is correct. Income does not rise automatically just because a loan is received; the loan must be used effectively and linked to markets. Exam tip: For women’s entrepreneurship, mention credit along with training, marketing and guidance.
Frequently asked questions
What is the correct answer to this question?
Because market information, training, accounting support and sales assistance are also necessary
Why is this the correct answer?
Credit provides capital, but running an enterprise also requires market information, skills training, cost and accounts management, access to inputs, and sales opportunities. Therefore, option B is correct. Income does not rise automatically just because a loan is received; the loan must be used effectively and linked to markets. Exam tip: For women’s entrepreneurship, mention credit along with training, marketing and guidance.
Which subject and chapter does this question cover?
This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Women and work: issues and concerns.
