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Solved Exercise



                                                                Section A
                                                        (Objective Type Questions)

                 A.  Choose the correct option.
                     1.  ............................... means not to give up and keep going even when a challenging situation arises while running a
                       business.
                      i.  Motivation                                    ii.  Self-awareness
                      iii.  Perseverance                                iv.  Determination

                     2.  An ............................... acts as a means of assisting budding entrepreneurs in recognising and designing
                       one-of-a-kind distinctive business possibilities.
                      i.  entrepreneurship development programme        ii.  stress management programme
                      iii.  business development programme              iv.  mentor development programme

                     3.  Which of the the following is a part of entrepreneurship process?
                      i.  Developing of business plans                  ii.  Using innovation, launching and running the business
                      iii.  Both i. and ii.                             iv.  Copying other businesses
                     4.  Which of the following is NOT a quality of a successful entrepreneur?

                      i.  willingness to take risks                     ii.  ability to learn from mistakes
                      iii.  motivated                                   iv.  taking frequent holidays
                     5.  Many ............................... succeed by focusing on ideas that incorporate technology or deliver technology-driven
                       solutions.
                      i.  startups                                      ii.  entrepreneurs
                      iii.  mentors                                     iv.  businesses

                     6.  Entrepreneurship-cum-skill development programmes are offered by ................................
                      i.  National Informatics Centre
                      ii.  National Institute for Entrepreneurship and Small Business Development
                      iii.  Ministry of Telecommunications
                      iv.  Ministry of Commerce
                     7.  An entrepreneur's primary responsibility is to secure the timely availability of all the ................................

                      i.  money                                         ii.  infrastructure
                      iii.  resources                                   iv.  supplies


                   Ans.  1.  iii   2.  i     3. iii   4. iv    5. i     6. ii    7. iii



                 B.  Fill in the blanks.
                     1.  A ............................... is a business that is in its early stages of development.

                     2.  Entrepreneurs undertake a ............................... to determine the commercial viability of a new product or service.






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