1
Which is the function of Entrepreneur as per James Burna?
A)
Risk taking
B)
Arranging the capital
C)
Innovation of business
D)
All of the above
Answer & Solution
Answer: Option
D
2
An identification of creativity is based on
A)
advance thinking
B)
power of cooperation
C)
originality
D)
all of these
Answer & Solution
Answer: Option
D
A)
producing a number of different options for your information-based product
B)
producing a number of cost option
C)
intellectual property is intangible property
D)
All of the above
Answer & Solution
Answer: Option
A
4
Match the following
List-I (Types of Qualities) List-II (Feature of Qualities)
a. Physical
1. Alertness
b. Mental
2. Character
c. Social
3. Helpful behaviour
d. Ethical
4. Agreeable looking
A)
a-1, b-3, c-2, d-4
B)
a-3, b-1, c-4, d-2
C)
a-1, b-4, c-3, d-2
D)
a-4, b-1, c-3, d-2
Answer & Solution
Answer: Option
D
5
Which is the body of "National Research and Development Corporation"?
A)
Council of Scientific and Industrial Research
B)
Indian Council of Agricultural Research
C)
National Medical Research Council
D)
All of the above
Answer & Solution
Answer: Option
D
6
. . . . . . . . is considered as a creative capital which performs economic functions different from other investment vehicles, which primarily serve as the expansion capital.
A)
Equity capital
B)
Fixed capital
C)
Venture capital
D)
Share capital
Answer & Solution
Answer: Option
C
7
Which of the following statements are correct?Statement I An intrapreneur has high vision but low in action.Statement II An intrapreneur is the innovator in an existing firm.
A)
Both statements are correct
B)
Both statements are incorrect
C)
Statement I is correct, but Statement II is incorrect
D)
Statement II is correct, but Statement I is incorrect
Answer & Solution
Answer: Option
D
8
Match the items of List-I with the items of List-II and select the correcting matching.
List-I List-II
a. Richard Cantillon
1. Entrepreneur must accept the challenge and should be willing hard to achieve something
b. Joseph A. Schumpeter
2. Entrepreneurs are all those persons who are engaged in economic activity
c. J. K. Golbraith
3. Entrepreneur is a person who introduces innovation and change
A)
a-3, b-1, c-2
B)
a-1, b-3, c-2
C)
a-2, b-3, c-1
D)
a-2, b-1, c-3
Answer & Solution
Answer: Option
C
9
Which is the role of entrepreneur?
A)
Catalytic agent
B)
Dynamic agent
C)
Promotion of innovations
D)
All of the above
Answer & Solution
Answer: Option
D
10
Arrange the sequence of entrepreneurship development.
A)
1, 3, 2, 4, 5, 6, 7
B)
1, 2, 3, 4, 5, 6, 7
C)
1, 2, 4, 3, 5, 6, 7
D)
1, 4, 2, 3, 5, 6, 7
Answer & Solution
Answer: Option
B
