STUDENT
ES - ENTREPRENEURSHIP SKILLS
Total Q: 22
Time: 30 Mins
Q 1.
How many sustainable development goals are given by the United Nations?
18
17
15
20
Q 2.
Ravi's customer comes to his store and starts shouting at him. He does not get angry. He listens to what his customer is saying He is ……
Hardworking
Confident
Patient
Trying new ideas
Q 3.
Srishti is a young woman who makes earrings. She buys jute from a farmer and makes earrings from that. She sees that most women in her village do not work. So, she hires two women to help her. As her orders increase, she hires three more women to work for her. How was she helping her village grow?
By selling earrings to women without a job
By purchasing earrings from the local market
By buying jute from the local farmer and by providing jobs to local women
By attracting the women in her village with her creative earrings
Q 4.
From the following statements, which one is not correct about the Qualities of an entrepreneur
Successful entrepreneurs adapt the habit of hard work from a very early stage.
Entrepreneur should not think optimistically about the future of the business.
Confident entrepreneur must not deviate from his/her decisions too early in case success is delayed.
Entrepreneurs like to function at their own will and rules.
Q 5.
Which of the following is the Managerial function of an entrepreneur?
Idea discovery
Planning
Detailed investigation
Assembling the requirements
Q 6.
_____ Entrepreneurship can be defined as being primarily related to the marketing and production of inputs and products used in agricultural activities. Farmers have benefited the most with rise in agricultural entrepreneurship as it has led to low-cost innovations in farming processes.
Agricultural
Social
Women
Small-scale
Q 7.
Entrepreneurs can create jobs in the market (True or False).
True
False
-
-
Q 8.
Which of the following is
NOT
the function of entrepreneur?
Risk taking
Innovation
Management of resources
Makes own laws
Q 9.
What does the demand mean in the context of entrepreneurship?
A product or service that entrepreneurs want
A product or service that people want
A product or service that is no longer needed
A product or service that is difficult to sell
Q 10.
Creation of sustainable solutions for social problems that leads to social change by employing entrepreneurial mindset, processes and operations can be referred to as ____________
Social entrepreneurship
Agricultural entrepreneurship
Small-scale entrepreneurship
Economic entrepreneurship
Q 11.
Which of the following does not come under self-employment?
Cooking in a restaurant
Owning a clothing business
Having a dosa selling stall
Running a home bakery
Q 12.
In Which type of entrepreneurship, research is conducted to completely define a specific and core collective problem?
Social
Agricultural
Small Scale
Women
Q 13.
Rehnuma has two people who work for her. Every day , she spends one hour to learn about what they have done that day.
Identify the function of Rehnuma.
Creates a new product
Divides income
Manages the business
Doing time pass
Q 14.
______________refers to recruitment, employment, selection, training, development and compensation of the employees with an organization.
Entrepreneurs
Management
Human Resource Management
Employer
Q 15.
Assertion(A): A doctor works for a renowned hospital.
Reason(R): The statement given above is an example of wage employment.
Both A and R are correct and R is the correct explanation of A
Both A and R are correct but R is NOT the correct explanation of A
A is correct but R is not correct
A is not correct but R is correct
Q 16.
Select a function of an entrepreneur.
Managerial functions
Selling function
Purchasing function
Profitting function
Q 17.
Which of the following statements is
NOT
correct about entrepreneurs?
Entrepreneurs accentuate economic growth.
Entrepreneurs can create jobs in the market.
Entrepreneurs identify a need in the market and build a product or service for it.
A person needs to have a big business to be called an entrepreneur.
Q 18.
Which of the following is a quality of successful entrepreneurs ?
Hard working
Resistance to change
Lazy
Less-confident
Q 19.
Identify the commercial function to be performed by an entrepreneur.
Innovation
Controlling
Planning
Marketing
Q 20.
Which of the following is/are a myth about Entrepreneurship ?
Need a lot of Money
Must have a great Idea
Should know everything about business
All of these
Q 21.
How do Entrepreneurs innovate into the market?
by bringing unique and new products and services
by doing exercises
by contesting elections
by wastage of natural resources
Q 22.
"M D Gulati started with a small shop with his focus, dedication and clear ideas, MDH became one of the most popular brands in India besides having a good reputation all over the world". Which self-management skill is clearly visible in the given statement?
Self Motivation
Self Awareness
Entreprenuership Skill
Self Regulation