Start-up Ecosystem and Benefits under Start-up India

It is your dream in the past years to become an entrepreneur, to open your own business, something that is useful to the community in which you live. One day you hear about the Start-up India program and you understand that you are not alone and there is a whole world of providing support to young entrepreneurs like you.

You get to know how the government assists start ups by funding, tax advantages, mentorship, and incubation centers. You are inspired and you decide to investigate whether you can ever get your own idea off the ground one day – and what it would involve to achieve success.

Now, you are interested to learn more about the world of start- up, its effects on the economy and even think how you can become a part of it.

Q1. Do you think every student should know about the Start-up India program? Why or why not?

Q2. List 4 benefits provided by the Start-up India initiative. Explain each briefly.

Q3. If you had an innovative business idea, would you prefer working for a company or launching your own start-up? Explain your choice.

Q4. What are the top 2 things you should do before registering your start-up? Give reasons for each.

Q5. Would you consider starting a social impact start-up that helps your community but earns less profit? Why or why not?

P2P lending, Crowd Funding, Donation

Rohan is a talented 12th grade student who loves technology and sustainability. His idea is simple, develop an application through which local farmers will be connected with buyers directly, avoiding the middlemen, and providing small-scale farmers with an opportunity to get a higher income.

He has created a prototype and has even won an innovation competition of a lower level in school, but he requires Rs. 50,000 to create the full version of the product and introduce it in his community.

His parents are supportive of him emotionally but they are not in a position to finance his dream.

That is why Rohan will consider other modes of funding such as crowdfunding, P2P lending, and donation, which are actively employed by young entrepreneurs now.

At the moment, he is getting educated on how to use these platforms, which would best fit his goal, and how he will package his idea in such a way that others would also believe in it.

Q1. Do you think students like Rohan should be encouraged to use crowdfunding or P2P lending to fund their business ideas? Why or why not?

Q2. List 4 types of crowdfunding models or platforms and explain what each one does briefly.

Q3. If you needed Rs. 50,000 for a school project and couldn't ask your parents, would you consider using a crowdfunding platform? Explain your choice.

Q4. What are the top 2 things Rohan should do before launching his campaign? Give reasons for each.

Q5. If you had spare money that you wouldn’t need for the next 5–7 years, would you invest it on a P2P lending platform? Why or why not?

Insurance agents and distributors -Tactics and Mis-selling Activities

You are Rahul, a 12 th standard student whose father just decided to purchase a family health insurance cover . Your father could not understand the available policies and how to get the right one among them.

One of your friends has referred to a man who was an insurance agent and your father has visited him. The agent provided some of the plans and convinced your father to get a policy with coverage of 10 lakh and premium 7,000/year.

However a few days later your economics teacher taught a lesson on how insurance agents make money and how to detect mis-selling. You also found out that, there are cases that agents do not necessarily always recommend a good plan but the one that provides the maximum commission to them.

Q1. Do you think it’s important to understand how insurance agents earn before buying a policy? Why or why not?

Q2. List 4 features of the insurance policy that Rahul’s father bought. Explain why each is important when choosing a health insurance plan.

Q3. If you were in Rahul’s place and had just learned about mis-selling tactics, what would you do with the insurance policy your father bought? Explain your steps.

Q4. What are the top 2 things you should check before agreeing to buy an insurance plan from an agent? Give reasons for each.

Q5. Would you trust an insurance agent completely, or would you double-check the plan they suggest? Explain your decision.

Fiscal Policy

You are Rohan , a 12th grade student and you are fond of economics and current affairs. A challenge is given to you by your teacher one day:

Pretend you have been appointed Finance Minister of a small country, even just for a week. It is you who are faced with the choices on how to utilize the national budget, be it on roads, hospitals, schools or even tax reduction. There is a bump in the road though; your country has a fiscal deficit and this is something you have to tell how you are going to deal with.”

You understand that fiscal policy is not the topic of politicians only but in your life largely, the school that you can attend, the amount of money that your parents can spend on taxes, and whether you will receive a job at all in the future.

Anyway, you choose to further investigate how governments spend the money as well as where they get the money and what transpires when they spend more than they generate.

Q1. Do you think as a student, you should care about how the government spends money? Why or why not?

Q2. List 4 components of the government budget and explain how each affects your daily life.

Q3. If you were the Finance Minister for a day and had a fiscal deficit, what would you do to reduce it? Would you cut spending or raise taxes? Explain your choice.

Q4. What are the top 2 things you should look at when analyzing your country’s budget? Give reasons for each.

Q5. Would you trust the government completely with its spending decisions, or would you want to know more about where the money goes? Explain your decision.

Digital Banking Services

You are Sahil who is a student of the 11th grade and loves to use digital tools. You have been raised in a culture where you could order food, book tickets, get to pay school fees on the internet .

One day your grandmother tells you how she used to wait in long queues at the bank to deposit money or to get a new cheque leaf. You are shocked and understand that digital banking has transformed our attitude toward handling money, and not all people know how to discuss digital banking safely.

You want to know more about digital banking services, their functioning, and safeguarding against the risks of becoming victims of fraud and data abuse .

You should also know how digital banking compares to normal banking and what is the role of the Reserve Bank of India (RBI) in making digital transactions safe.

Q1. Do you think digital banking is safer and better than traditional banking? Why or why not?

Q2. List 4 types of digital banking services and explain how each one helps students like you.

Q3. If you had to teach your grandparents how to use digital banking, what would you do first? Would you let them use it immediately or teach them slowly? Explain your choice.

Q4. What are the top 2 things you should check before using a new digital banking app? Give reasons for each.

Q5. Would you trust any app that claims to be a banking app, or would you double-check it first? Why?

Currency, Inflation, International Fees

You are a student in the 11th grade and it is now that you have joined a summer program in Singapore. You will live your dreams because you are going to study under the guidance of world experts, you will interact with students who are from every corner of the world and you will also get a chance to explore the city itself.

However, the trick is that you must make the program payment in USD, and your parents state that the fee you will send will vary depending on various conditions – such as currency exchange rates, host country inflation rates, and foreign transaction charges.

You discover that money is not only the amount you possess but also the manner in which you gain or lose wealth on exchanging to different countries.

Q1. Do you think understanding currency and inflation is important even if you're not traveling or studying abroad? Why or why not?

Q2. List 4 things that can affect how much your money (INR) is worth when converting to foreign currency (USD). Explain each briefly.

Q3. If you wanted to buy an online course priced in USD, would you check the exchange rate and fees before paying? Explain your choice.

Q4. What are the top 2 things you should do before making an international transaction? Give reasons for each.

Q5. Would you prefer using a bank or a digital wallet like Paytm or PayPal to send money abroad? Why?

Crypto-currencies, Digital Assets and NFTs

You just got into 11th grade and are a very passionate tech and finance person. One day your older cousin tells you how he has made a small fortune by investing in Bitcoin and NFTs and another friend lost money since he did not know the risks.

You become curious, and you begin your journey to understand what cryptocurrencies , digital assets, and NFTs are all about and how they transform the way individuals earn, spend and invest money .

You learn that:

These are not just trends — they’re shaping the future of finance

They come with real opportunities and serious risks

Some people use them to create value , while others fall for scams or speculationSo, you decide to dig deeper into the world of digital finance and understand how students like you can be informed, not just influenced by the hype.

Q1. Do you think students should learn about cryptocurrencies and digital assets, even if they're not investing yet? Why or why not?

Q2. List 4 types of digital assets and explain what each one is used for.

Q3. If you had Rs. 500 extra and wanted to explore digital assets, would you invest in crypto or research first? Explain your choice.

Q4. What are the top 2 things you should check before investing in any digital asset? Give reasons for each.

Q5. Would you trust a celebrity or influencer who promotes crypto investments? Why or why not?

College Planning

You are a brilliant 11th grade student. You have dreamed about going to the IVY League colleges to study economics ever since you were little, and your parents have always been very supportive of your educational desires, however, there is one catch, you have to be pretty tight with money .

One day, you hear your parents discussing the high-cost of college. They are concerned as to how they are going to sustain you in school without borrowing or going bare in other family necessities.

Makes you realize college prep is not only about grades or entrance exams, even money, funding and good judgement are part of it.

Keeping that in mind, you’re ready to build a College Planning Project — not just for your own benefit, but to help other students understand how to plan for their dreams responsibly .

Q1. Do you think it’s important to start planning for college finances while you’re still in school? Why or why not?

Q2. List 4 ways to fund your college education. Explain how each one helps.

Q3. If you wanted to reduce the financial burden on your parents for your college, what would you do? Would you save, earn, or borrow? Explain your choice.

Q4. What are the top 2 things you should look at when choosing a college? Give reasons for each.

Q5. Would you prefer taking a loan for college or earning/saving enough to avoid borrowing? Why?

Wealth Wizards Competition 3.0

Date – 8th September, Monday 2025

Time – 10AM – 4PM