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.                 rely on funding provided by angel investors or venture capital firms.
                .    ntrepreneurs must be able to put their ideas into     .
                .   An entrepreneur consistently sets         standards.

                .                 assists an entrepreneur in understanding a situation or problem by asking oneself questions   hy,
                    hat,  hen, and ho ) and studying the causes of the situation or problem.

            C   State  hether the  ollo ing statements are true or  alse
                .    ntrepreneurship is a social activity.
                .    tartups receive advice and mentoring from an e pert.
                .   An entrepreneur may not al ays have a goal.
                .   An entrepreneur is never discouraged by failures.
                .    he entrepreneur is responsible for managing the staff, materials, finances, and organising
                   the production of goods and services.

                                             SECTION B (Subjective Type Questions)
            A   Short ans er type  uestions
                .    hy is it critical for an entrepreneur to have a positive attitude to ards his business

                .    hat is problem solving   hy should an entrepreneur possess this skill
                .    ist any t o values that an entrepreneur should have to achieve success.
                .    hat is meant by  goal setting
                .   Differentiate bet een entrepreneurs in technology and in entrepreneurs information technology.
            B   Long ans er type  uestions
                .   Differentiate bet een a  age employee and an entrepreneur using e amples.
                .    hat do you understand by a startup  Also e plain the  overnment of India's flagship initiative,   tartup India .

                .    o  is entrepreneurship as a career option   hat challenges and risks one might have to take up as an entrepreneur
                .    hy is an entrepreneur important for the development of the country
                .    rite a note on  omen entrepreneurs. Also mention any one e ample for the same.

                      ency b
            C    Competency based Application based  uestions:
                             ased Application b
                                                     uestions:
                                               ased
               Compet
                ayal lives in small flat in a small to n.  he has to travel   hours by bus if she  ants to go to the market. One evening she
               reali es that she has no flour in her house.  he  orries that she can no longer make chappatis.  o ever, she sees a business
               opportunity here.  he starts the business of providing door to door grocery items to  omen in her locality. Initially, she finds it
               difficult as she has no prior business e perience but she preservers. Identify the entrepreneurial competency sho n by  ayal.
            Previous Years’ Questions


                .            .  is  an  economic  process,   here  an  idea  is  generated  or  an  opportunity  is  created,  refined,
                   developed    and  implemented,   hile  being  e posed  to  uncertainty,  to  realise  a  profit  by  effective  utilisation
                   of resources.
                   a.   ntrepreneurs                                 b.   ntrepreneurship development
                   c.   ntrepreneurship                              d.   luster intervention
               Ans.  c.     ntrepreneurship
                .    hich entrepreneur, out of the follo ing, is essentially a manufacturer,  ho identifies the needs of customers and
                   creates products or services to serve them
                   a.   ervice entrepreneur                          b.  Industrial entrepreneur
                   c.  Agricultural entrepreneur                     d.   echnical entrepreneur
               Ans.  b.    Industrial entrepreneur

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