1.
Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R). Read the statements and choose the correct answer.
Assertion (A) Entrepreneurial innovation and experimentation constantly destroy the old and introduce new equilibria, making possible higher standards of living.
Reason (R) Markets do not passively tend towards equilibrium until profit margtns are wiped out.

3.
Match the following
List-I (Authors) List-II (Books)
a. Everett Hagen 1. Theory of Social Change
b. David C. McClelland 2. The Achieving Society
c. Joseph A. Scheumpeter 3. A Theory of Economic Development
d. Koontz and O' Donnel 4. Principles of Management

4.
Match the following
List-I (Methods of decision-making) List-II (Technique)
a. General Method 1. Traditions and Assumptions
b. Mathematical Method 2. PERT
c. Principles of Management 3. Span of Control
d. Statistical Method 4. Probability Theory

5.
Which among following is not a rural the entrepreneur?
1. Mansukhbhai Patel
2. Chanda Kochar
3. Mansukhbhai Prajapati
4. Dadaji Khobragade
5. Indira Nooyi
6. Indu Jain
7. Chintakindi Mallesham
8. Madanlal Kumawat
9. Kailash Katkar
10. Jyothi Reddy

6.
The longest lasting trade agreement with the objective of liberalizing trade by eliminating or reducing tariffs, subsidies and quotas is

7.
A patent is granted for a specified amount of time because of the assumption:

9.
A typical inventor is usually

10.
Which of the following statements are correct?
Statement I An entrepreneur takes initiative and does things before they are asked to do.
Statement II Entrepreneurs have external locus of control and highly rely on intuition.
Statement III Entrepreneurs are highly associated with team work and group decisionmaking.

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