Questions161~163 refer to the following article.
The World Startup Convention (WSC) was an important event for the Indian startup ecosystem, organized by NITI Aayog and Tracxn. However, it turned into a scandal due to poor organization, lack of substance, and allegations of financial mismanagement and fraud. High-profile figures such as Indian Prime Minister Narendra Modi and SoftBank CEO Masayoshi Son attended the event.
Reports suggested that Tracxn charged exorbitant fees to startups in exchange for access to investors and potential clients, which Tracxn denied, stating that all fees were charged in accordance with industry standards. The scandal raised concerns about transparency and accountability in the Indian startup ecosystem and led to calls for greater regulation and oversight of such events.
This incident highlights the importance of due diligence and careful vetting of event organizers and partners, as well as the need for clear and transparent communication with stakeholders. The allegations of fraud and mismanagement in the WSC underscore the need for event organizers to act with integrity and transparency, and for investors and startups to exercise caution when attending such events. Ultimately, greater transparency and accountability can help build trust and foster a healthy startup ecosystem in India and beyond.
【題組】161.What was the issue with the organization of the WSC?
(A)Inadequate security measures.
(B)Lack of attendees and sponsors.
(C)Poor organization, lack of substance, and allegations of financial mismanagement and fraud.
(D)Technical difficulties with the event's virtual platform.