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Elements of Entrepreneurship 1 Mark Creative Question Paper With Answer Key

12th Standard

    Reg.No. :
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Commerce

Time : 00:15:00 Hrs
Total Marks : 15

    Multiple Choice Question

    15 x 1 = 15
  1. The person who establishes business is termed as

    (a)

    Entrepreneur

    (b)

    Intrapreneur

    (c)

    Promoter

    (d)

    Manager

  2. The output of an entrepreneurial process ends up in establishing an

    (a)

    environment

    (b)

    enterprise

    (c)

    organisation

    (d)

    none of these

  3. An Irishman described the entrepreneur to be a person who assumes risk inherent in the venture started by him who said these words?

    (a)

    Jean Baptize

    (b)

    Knight

    (c)

    Schumpeter

    (d)

    Richard Cantillon

  4. "Entrepreneurship is essentially a creative activity" - who said these words?

    (a)

    Schumpeter

    (b)

    Richard

    (c)

    Knight

    (d)

    Jean Baptize

  5. Women entrepreneurship is gaining importance in India in the wake of economic

    (a)

    liberalisation

    (b)

    globalisation

    (c)

    (a) or (b)

    (d)

    (a) and (b)

  6. "Women who innovate, imitate or adopt a business activity are known as women entrepreneurs".

    (a)

    Jean Baptize

    (b)

    Knight

    (c)

    Richard

    (d)

    Schumpeter

  7. CWEI was registered as a civil society in the year

    (a)

    1990

    (b)

    1992

    (c)

    1996

    (d)

    1998

  8. The first and foremost function of entrepreneur is

    (a)

    idea generation

    (b)

    determination

    (c)

    investigation

    (d)

    preparation of business plan

  9. Name the institution which was set up in 1982 to promote integrated rural development.

    (a)

    NSIC

    (b)

    NABARD

    (c)

    SIDBI

    (d)

    NCEUS

  10. Name the institution which is set up as an apex bank to provide direct or indirect financial assistance under difference scheme.

    (a)

    SIDBI

    (b)

    NSIC

    (c)

    NABARD

    (d)

    CWEI

  11. A women entrepreneur is supposed to have a minimum financial interest in share capital of entrepreneur's enterprise:

    (a)

    35 percent

    (b)

    51 percent

    (c)

    25 percent

    (d)

    None of the above

  12. List I List II
    i) Entrepreneur 1) Military expeditions
    ii) Musical institution 2) Realm of economics
    iii) Sixteenth century 3) Oxford Dictionary
    iv) Eighteenth century 4) French language
    (a)
    (i) (ii) (iii) (iv)
    1 2 3 4
    (b)
    (i) (ii) (iii) (iv)
    2 3 4 1
    (c)
    (i) (ii) (iii) (iv)
    4 3 1 2
    (d)
    (i) (ii) (iii) (iv)
    3 1 2 4
  13. List I List II
    i) Spirit of enterprise 1) Rigid fashion
    ii) Flexibility 2) Manpower, technology
    iii) Resource mobilisation 3) Sympathy and empathy
    iv) Leadership 4) Setbacks or frustrations.
    (a)
    (i) (ii) (iii) (iv)
    4 1 2 3
    (b)
    (i) (ii) (iii) (iv)
    1 2 3 4
    (c)
    (i) (ii) (iii) (iv)
    2 3 1 4
    (d)
    (i) (ii) (iii) (iv)
    3 4 2 1
  14. List I List II
    i) Innovation 1) Employee
    ii) GDP 2) Human relational skills
    iii) Intrapreneur 3) Growth of entrepreneurship
    iv) Manager 4) New territory or new technology
    (a)
    (i) (ii) (iii) (iv)
    2 3 1 4
    (b)
    (i) (ii) (iii) (iv)
    1 2 3 4
    (c)
    (i) (ii) (iii) (iv)
    4 3 1 2
    (d)
    (i) (ii) (iii) (iv)
    3 1 2 4
  15. __________ defines an entrepreneur as the director or a manager of a musical institution.

    (a)

    American Dictionary

    (b)

    London Dictionary

    (c)

    Oxford Dictionary

    (d)

    None of these

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