Which of the following statements related to the United Nations Development Program (UNDP) partnership with Deendayal Antyodaya Yojana - National Urban Livelihoods Mission (DAY-NULM) are correct?

1) UNDP and DAY-NULM have entered into a collaborative partnership aimed at empowering women to make well-informed career choices in the field of entrepreneurship.

2) The partnership will provide support for women looking to start and expand their own enterprises, particularly in sectors such as care economy, digital economy, electric mobility, waste management, food packaging and more.

3) Focused on fostering entrepreneurship development and accelerating enterprise growth, the five-year project, extendable beyond 2027, will cover ten cities in the initial phase.

4) UNDP will contribute to the initiative by developing community business mentors called‘Biz-Sakhis’in selected project locations.

Solution

Let's evaluate each of the statements regarding transfer payments: Based on known information about UNDP's typical roles in partnerships and the objectives of the Deendayal Antyodaya Yojana - National Urban Livelihoods Mission (DAY-NULM), let's assess each statement: 1) UNDP and DAY-NULM have entered into a collaborative partnership aimed at empowering women to make well-informed career choices in the field of entrepreneurship. Correct.= This statement aligns with the goals of both organizations. UNDP often engages in initiatives that empower women, and DAY-NULM's mission includes promoting livelihood opportunities including entrepreneurship for urban poor, particularly focusing on empowering women. 2) The partnership will provide support for women looking to start and expand their own enterprises, particularly in sectors such as the care economy, digital economy, electric mobility, waste management, food packaging, and more.   Likely Correct. This statement is plausible as it details specific sectors which are relevant and contemporary, fitting the agendas of both UNDP and DAY-NULM which aim to support sustainable and innovative entrepreneurial ventures. 3) Focused on fostering entrepreneurship development and accelerating enterprise growth, the five-year project, extendable beyond 2027, will cover ten cities in the initial phase.    Plausible. Such specific details like duration and scope (ten cities and five years) are typical of structured programs run by UNDP in collaboration with local missions like DAY-NULM. This would be a typical setup for a pilot phase of a larger initiative. 4) UNDP will contribute to the initiative by developing community business mentors called ‘Biz-Sakhis’ in selected project locations.**   Correct. The term ‘Biz-Sakhis’ refers to women community business mentors, which fits within the empowerment and entrepreneurial development framework of both UNDP and DAY-NULM. It’s consistent with UNDP’s approach to capacity building at the community level through mentorship and training. These statements generally reflect plausible actions within the partnership between UNDP and DAY-NULM, focusing on supporting women entrepreneurs in various sectors and through community-based mentoring.