Q.State any four benefits available to a DPIIT-recognised start-up.

DPIIT recognition unlocks a defined set of government benefits for an eligible start-up.

A DPIIT-recognised start-up is eligible for a defined bundle of benefits, of which any four may be stated:

1. Self-certification under a specified set of labour and environment laws, reducing the burden of routine compliance inspections.
2. Income-tax exemption on profits for a specified number of years out of the first several years since incorporation, subject to approval by an inter-ministerial board.
3. Relief from tax on certain investments received above fair market value, which would otherwise be taxed as income.
4. Relaxed public-procurement norms -- for example, exemption from prior turnover or experience requirements when bidding for government contracts.
5. Faster and simpler winding-up of the venture if it does not succeed, compared with the process for an ordinary company.
6. Fast-track examination of patent applications at a reduced fee, along with legal support for intellectual-property filings.

(Any four of the above are sufficient for full marks; the exact numerical limits are fixed by government notification and are periodically revised.)

Students sometimes state a specific numeric figure (a tax-exemption year count or turnover ceiling) as if it were permanently fixed -- describe the benefit; treat exact figures as subject to government notification.