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C   State  hether the  ollo ing statements are true or  alse
             .   An entrepreneur can never have the ability to overcome any obstacle.
             .    elf motivated people al ays have high spirits and are full of positivity.
             .   An entrepreneur must plan and  ork carefully to achieve long term ob ectives.

             .    ntrepreneurs have difficulty putting their ideas into action.
             .    he  overnment of India's flagship initiative,   tartup India,  aims to create an ecosystem for
                the gro th of startup businesses.

                                          SECTION B (Subjective Type Questions)
        A   Short ans er type  uestions
             .    ist fe  barriers to becoming an entrepreneur.
            Ans.  •     nfavourable business environment
                 •   a  disadvantages, a lack of property rights, and abusive ta  behaviour
                 •  Capital shortage
                 •   killed  orkforce issues
                 •  A lack of entrepreneurial mindset and training
                 •  Aversion to risk

             .    hat are the benefits of entrepreneurship
            Ans.  Among the numerous advantages are the follo ing
                •   Engage in activities that stimulate your interest:  ntrepreneurship allo s you to start and do  hat you en oy by
                  combining your interests and talents.

                •   Work for yourself, not for others: As an entrepreneur, you have the option of  orking for yourself rather than
                  for someone else.  ou have the freedom to choose the type of  ork you  ant to undertake and ho  you  ant to
                  accomplish it.
                •   Make profits for yourself: As an entrepreneur, you have the freedom to choose ho  much money you  ant to
                  make and ho  you  ant to make it.

             .    hy should an entrepreneur display   erseverance
            Ans.  It is critical to be persistent, patient, and  illing to continue even if the first battle is lost.  ntrepreneurs must remain
                focused, patient, and confident in their mission. Only by attempting different things and methodologies can a solution
                be found.
             .    ho is an entrepreneur
            Ans.  An entrepreneur is someone  ho seeks to address the demands of a consumer through ne  ideas or  ays of doing
                business  hile still making a profit.  e  ideas for adding value to a firm can take many forms, including ne  products
                such as adding variation and ne  services such as home delivery or credit services.
             .    hat is meant by a  business idea
            Ans.  A business idea is a thought that can be used to make money and is usually focused on a product or service that can
                be sold for money.  he first step in the process of establishing a successful business is the generation of an idea.
             .    ention any t o qualities of a successful entrepreneur.                         ample  aper,
            Ans.  Initiative,  illingness to take risks, ability to learn from e perience, motivation, self confidence, hard  ork, decision
                making ability.
             .    hat motivates an entrepreneur                                                  ample  aper,
            Ans.  An entrepreneur has the potential and  illingness to overcome every hurdle that comes in his her  ay.  ualities can
                be uniqueness, need to influence, identifying opportunities and risk taking.





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