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Street Food Entrepreneurs: The Business of Street Food

Description: Street Food Entrepreneurs: The Business of Street Food
Number of Questions: 15
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Tags: street food entrepreneurship food business
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What is the primary challenge faced by street food entrepreneurs in India?

  1. Lack of access to capital

  2. Competition from established restaurants

  3. Unhygienic conditions

  4. Lack of government support


Correct Option: A
Explanation:

Street food entrepreneurs often face difficulties in obtaining loans and other forms of financial assistance due to their informal nature of operation.

Which of the following is NOT a common type of street food in India?

  1. Pani Puri

  2. Vada Pav

  3. Momos

  4. Sushi


Correct Option: D
Explanation:

Sushi is a Japanese dish and is not typically found as a street food in India.

What is the approximate annual revenue generated by the street food sector in India?

  1. 1 trillion rupees

  2. 2 trillion rupees

  3. 3 trillion rupees

  4. 4 trillion rupees


Correct Option: B
Explanation:

The street food sector in India is estimated to generate an annual revenue of approximately 2 trillion rupees.

Which city is known as the 'Street Food Capital of India'?

  1. Mumbai

  2. Delhi

  3. Kolkata

  4. Chennai


Correct Option: A
Explanation:

Mumbai is widely recognized as the 'Street Food Capital of India' due to its diverse and vibrant street food scene.

What is the primary factor driving the growth of the street food sector in India?

  1. Increasing urbanization

  2. Rising disposable incomes

  3. Changing consumer preferences

  4. All of the above


Correct Option: D
Explanation:

The growth of the street food sector in India is attributed to a combination of factors, including increasing urbanization, rising disposable incomes, and changing consumer preferences.

What are some of the challenges faced by street food vendors in maintaining hygiene and sanitation?

  1. Lack of access to clean water

  2. Limited space for food preparation

  3. Improper waste disposal

  4. All of the above


Correct Option: D
Explanation:

Street food vendors often face challenges in maintaining hygiene and sanitation due to lack of access to clean water, limited space for food preparation, and improper waste disposal.

Which government initiative aims to provide support and recognition to street food vendors in India?

  1. Pradhan Mantri Street Vendor's AtmaNirbhar Nidhi (PM SVANidhi)

  2. National Urban Livelihoods Mission (NULM)

  3. Deendayal Antyodaya Yojana - National Urban Livelihoods Mission (DAY-NULM)

  4. None of the above


Correct Option: A
Explanation:

The Pradhan Mantri Street Vendor's AtmaNirbhar Nidhi (PM SVANidhi) is a government initiative that provides financial assistance and support to street food vendors in India.

What is the primary objective of the 'Clean Street Food Hubs' initiative?

  1. To provide designated areas for street food vendors

  2. To improve hygiene and sanitation standards

  3. To promote street food as a tourist attraction

  4. All of the above


Correct Option: D
Explanation:

The 'Clean Street Food Hubs' initiative aims to provide designated areas for street food vendors, improve hygiene and sanitation standards, and promote street food as a tourist attraction.

Which of the following is a common marketing strategy used by street food entrepreneurs to attract customers?

  1. Offering unique and innovative dishes

  2. Maintaining a clean and hygienic environment

  3. Providing excellent customer service

  4. All of the above


Correct Option: D
Explanation:

Street food entrepreneurs often employ a combination of strategies to attract customers, including offering unique and innovative dishes, maintaining a clean and hygienic environment, and providing excellent customer service.

What is the primary challenge faced by street food entrepreneurs in obtaining licenses and permits?

  1. Lack of awareness about the required documentation

  2. Complex and bureaucratic procedures

  3. High fees associated with licenses and permits

  4. All of the above


Correct Option: D
Explanation:

Street food entrepreneurs often face challenges in obtaining licenses and permits due to lack of awareness about the required documentation, complex and bureaucratic procedures, and high fees associated with licenses and permits.

Which of the following is a common form of street food financing?

  1. Personal savings

  2. Loans from banks and microfinance institutions

  3. Crowdfunding

  4. All of the above


Correct Option: D
Explanation:

Street food entrepreneurs often rely on a combination of personal savings, loans from banks and microfinance institutions, and crowdfunding to finance their businesses.

What is the primary benefit of street food vending for low-income individuals?

  1. Provides a source of income

  2. Requires minimal investment

  3. Offers flexible working hours

  4. All of the above


Correct Option: D
Explanation:

Street food vending provides low-income individuals with a source of income, requires minimal investment, and offers flexible working hours.

Which of the following is a common challenge faced by street food entrepreneurs in managing their finances?

  1. Lack of financial literacy

  2. Difficulty in keeping accurate records

  3. Limited access to banking services

  4. All of the above


Correct Option: D
Explanation:

Street food entrepreneurs often face challenges in managing their finances due to lack of financial literacy, difficulty in keeping accurate records, and limited access to banking services.

What is the primary role of street food associations in supporting street food entrepreneurs?

  1. Advocating for the rights of street food vendors

  2. Providing training and skill development opportunities

  3. Facilitating access to financing and resources

  4. All of the above


Correct Option: D
Explanation:

Street food associations play a crucial role in supporting street food entrepreneurs by advocating for their rights, providing training and skill development opportunities, and facilitating access to financing and resources.

Which of the following is a common challenge faced by street food entrepreneurs in expanding their businesses?

  1. Lack of capital

  2. Difficulty in finding suitable locations

  3. Competition from established restaurants

  4. All of the above


Correct Option: D
Explanation:

Street food entrepreneurs often face challenges in expanding their businesses due to lack of capital, difficulty in finding suitable locations, and competition from established restaurants.

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