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C. State whether these statements are true or false.
1. Entrepreneurs can create jobs in the market.
2. Entrepreneurship deals with environmental and social issues.
3. Entrepreneurs do not have control over business strategies, operations, and direction.
4. A successful entrepreneur is lethargic person.
5. Entrepreneurs do not take risks in terms of time and money.
SECTION B (Subjective Type Questions)
A. Short answer type questions.
1. What do you understand by the term Perseverant?
2. Who can become an entrepreneur?
3. List any three positive impacts of entrepreneurship on society.
4. List any three important myths of an entrepreneurship.
5. What is the difference between a misconception and reality? Give an example. [CBSE Handbook]
B. Long answer type questions.
1. What do entrepreneurs do when they run their business?
2. What are the different works done by an entrepreneur?
3. State 4 advantages and 4 disadvantages of being an entrepreneur.
4. Write a short note on the following:
a. Optimistic
b. Independent
5. Explain the process when one takes up entrepreneurship as a career option.
21 st
C. Competency-based/Application-based questions. Century #Communication
Skills #Leadership & Responsibility
1. Imagine yourself having entrepreneur skills and you wish to start your own business one day. Write down all possible
qualities you should have, to be a successful entrepreneur. Also make an action plan to start your own venture. Think of a
suitable name, design a logo and a slogan for your company you are planning to launch very soon.
2. Collect one success story of a well-established entrepreneur you have known till date. Try to get some pictures and make
a project on it by collecting some facts and figures.
3. Your cousin is planning to be an entrepreneur but he is in a dilemma whether to take risk or not. How can you help him
convince to go ahead in living his dream of a successful entrepreneur?
4. Vedika is interested in having her own start-up but she has no funds. She is totally confused between taking up a fixed
salary job or live her dreams of starting her own company. She is your good friend how will you help her in taking a fair
decision?
Previous Years' Questions
1. Which of the following is not an essential quality to become a successful entrepreneur? [2024]
a. Confidence b. Creativity
c. Patience d. Wealthy
Entrepreneurial Skills-II 119

