Module: General Practice
Q63: The "Stand-Up India" scheme mandates that loans must be provided for setting up a "Greenfield Enterprise." In the context of this scheme, what does the term "Greenfield Enterprise" strictly imply?
✅ Correct Answer: C
🎯 Quick Answer:
It refers to the first-time venture of the beneficiary.Brownfield.
Structural Breakdown: 1. Greenfield: A new project built from scratch.
Under Stand-Up India, it specifically means the applicant is starting a business for the first time.
2. Sector: Initially limited to Manufacturing, Services, and Trading, it now includes Agri-allied activities (like fisheries, dairy, etc.). 3. Exclusion: It does not cover the expansion or modernization of existing businesses (which would be "Brownfield").