Consider the following statements about the Indian Institute of Entrepreneurship (IIE): 1. The IIE was established in 1999 in Guwahati. 2. The main aim of the institute is to provide training, research and consulting activities for small and micro enterprises. Which of the statements given above is/are <strong>CORRECT</strong>?

  1. A. 1 only
  2. B. 2 only
  3. C. Both 1 and 2
  4. D. Neither 1 nor 2

Correct Answer: B. 2 only

Explanation

The Indian Institute of Entrepreneurship (IIE) was established in 1993, not 1999, in Guwahati. Its primary aim is to provide training, research, and consultancy for small and micro enterprises.

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