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5. Many ______________________ succeed by focusing on ideas that incorporate technology or deliver
technology-driven solutions.
a. startups b. entrepreneurs
c. mentors d. businesses

6. Entrepreneurship-cum-skill development programmes are offered by ______________________ .
a. National Informatics Centre
b. National Institute for Entrepreneurship and Small Business Development

c. Ministry of Telecommunications
d. Ministry of Commerce

7. An entrepreneur's primary responsibility is to secure the timely availability of all the .
a. money b. infrastructure
c. resources d. supplies

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.
3. A ______________________ is someone who works for a person or organisation.

4. A/An ______________________ consistently sets high standards and seeks to achieve excellence by working hard and being
innovative.

5. A person who starts at the age of 50 without any entrepreneurship history is a ______________________ entrepreneur.

C. State whether the following statements are true or false:
1. An entrepreneur can never have the ability to overcome any obstacle. ___________
2. Self-motivated people always have high spirits and are full of positivity. ___________

3. An entrepreneur must plan and work carefully to achieve long-term objectives. ___________
4. Entrepreneurs have difficulty putting their ideas into action. ___________
5. The Government of India's flagship initiative, ‘Startup India,’ aims to create an ecosystem for the growth
of startup businesses. ___________

Standard Questions (Section B)

A. Short answer type questions.
1. List few environmental barriers to becoming an entrepreneur.
Ans. The following are the most common environmental barriers:
• Inadequate resources or raw materials
• Inadequate skilled labour
• Inadequate machinery and other infrastructure
• Inadequate monetary resources on time
2. What are the benefits of entrepreneurship?
Ans. Among the numerous advantages are the following:
• Engage in activities that stimulate your interest: Entrepreneurship allows you to start and do what you enjoy by
combining your interests and talents.

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