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A corporate manager who starts a new initiative for their company which entails setting up a new distinct business unit and board of directors can be regarded as, Ecopreneur, Technopreneur, Intrapreneur, Social preneur, Answer c. Social preneur, Why are small businesses important to a country’s economy, They give an outlet for entrepreneurs, They can provide specialist support to larger companies, There can be innovators of new products, All of these, Answer. D. All of these, _______ applied the word entrepreneur to business for the first time, Robert Owen, Joseph schumpeter, Richard cantillon, Max Weber, Answer .c Richard cantillon, “Entrepreneurship is a creative activity” said by___, Frederick Harbison, B. F. Hhoselitz, B. Higgins, Joseph, Answer d. Joseph, According to Schumpeter, is the most important function of a modern entrepreneur______, Innovation, Invention, Skill, Creativity, Answer a. Innovation, Which of the following risks is born by the entrepreneur:, Financial risk, Personal risk, Psychological risk, All of these, Answer d. All of these, What can be defined as an attractive project idea which an entrepreneur accepts as a basis for his investment decision?, Possiblity, Business, Opportunity, Notion, Answer c. opportunity, Innovation can be best defined as______, The generation of new ideas, The evolution of new ideas, The opposite of creativity, The successful exploitation of new ideas, Answer. D the successful exploitation of new ideas, Which of the following is not a source of idea for an entrepreneur?, Cost of the project, Product profile, Imports and exports, Emerging technologies, Answer a. Cost of the project, What sources of information for an entrepreneur about competitors can be obtained from, Website, Product information leaflet, Company reports and published account, All of these, Answer d. All of these, Why should an entrepreneur do a feasibility study for starting a new venture?, To identify possible sources of funds, To see if there are possible barriers To success, To estimate the expected sales, To explore potential customers, Answer c. To estimate the expected sales, “They enter into entrepreneurship because of various Government and supports provided in terms of financial assistance, incentives, concession, and other facilities to the people who want to set up their new enterprises “ which type of entrepreneur is being discussed in the above lines?, Induced entrepreneur, Motivated entrepreneur, Spontaneous entrepreneur, Imitative entrepreneur, Answer b. Motivated entrepreneur, Maruti Suzuki buys 1,000 cars from JK Rubber Ltd. Tyre ,In this case, would be a /an, FMCG, Consumer good, Industrial good, White good, Answer c. Industrial good, In a local market, which one of the following is not likely to be sold?, Meat, Fruits, Transformers, Grocery items, Answer c. Transformers, The project produces a desired in change in some system or process is known as:, Construction project, Research project, Re-engineering project, Procurement project, Answer c. re-engineering project, Project is planned for execution over a fixed period of time and within certain requirements and limitations such as:, Cost, Quality, Performance, All of these, Answer: all of these, Which of the following risks is born by the entrepreneur?, Financial risk, Personal risk, All of these, None of these, Answer c. All of these, The start up which has reached to the valuation of one billion dollars is called as:, Oxygen startup, Unicorn startup, Decacon startup, None of these, Answer. B. Unicorn startup, Entrepreneur is an important player in economic development because_______, He creates employment, He maximizes wealth, He impacts on standard of living, All of these, Answer d. All of these, The word entrepreneur is derived from the word entreprendre which means ____, To undertake or to start, To play, To finish, All of these, Answer a. To undertake or to star, Startup India scheme was launched in year ________, 2002, 2016, 1995, 2001, Answer: b, 22. objective of startup accelerators is to provide_________, Mentorship, To provide boost startup, To provide investors thru demo day, All of the above, Answer: D, 23. Sandbox are organized by________, Universities, Startup Accelerators, None of these, Ministry of Finance, Answer: A, India Scheme was launched in the year_______, 2001, 2010, 2016, 1991, Answer: C, Which of the following is a benefit of Co-Working spaces?, Affordable, Network, Professional Address, All of the above, Answer: D, Loan amount provided thru Standup India Scheme is__________, Between 10Lakh to 1Crore, 1crore to 10 Crore, 5lakh to 10 lakh, None of these, Answer: A, Pradhan Mantri Kaushal Vikas Yojna Was Launched in the year_________, 1991, 2002, 2015, 2021, Answer: C, Why should and Entrepreneur do a feasibility study for a starving new ventures?, To indentify to sources of funds, To see there are possible barriers to success, To Estimated the expected sales, To explore Potential Customers, Answer: C, The term intrapreneur was coined by______________, Robert owen, Joseph Schumpeter, Richard cantillon, Gifford Pinchot, Answer: D, Which of following is the type of crowd funding?, Equity based, Peer to Peer, Crowd based, All of the Above, Answer: D, Which of the following is a managerial ?, Directing, Organizing, Controlling, All of these, Answer: d all of these, An entrepreneur innovates when he, Introduces a new product, Introduces new pattern of production, Introduces a new source s of raw material, All of the above, Answer d. All of these, A venture started buy a entrepreneur is usually known as, Startup, Corporation, Firm, None of these, Answer a startup, Entrepreneurship involves –, High risks and high reward, Low risk and low reward, Only risk, Only reward, Answer a.high risk and high reward, Which of the following is factor of production?, Labour, Capital, Land, All of these, Answer d. All of these, FDI stands for, Foreign direct investment, Foreign direct industry, First direct investment, Financial development investment, Answer a. foreign direct investment, Start up accelerators are also known as seed accelerators, True, False, Answer a. true, Start up accelerators do not provide funding, true, False, Answer .b.false, Which of the following is an example of FMCG goods?, Car, Micro scope, Soap, Fridge, Answer c. Soap, Business boot camps specially focus on old people, True, False, Answer b. false, Which of the following is a component of project report?, course of action, Timeline, Budget, All of these, Answer d. all of these, Student’s sand boxes are designed to inculcate innovative skills in students, True, False, Answer a. True, Which of the following is a type of project?, Research project, Construction project, Health project, All of these, Answer d. All of these, Which of the following can be a better source of funding to run a business for social cause?, Crowd funding, Investments from v.c., Bank loan, Loan from financial institutions, Answer a. Crowd funding, Which of the following is a solution for a new entreprener to get office at a premium place?, co-working spaces, Startup India, Stand up India, None of these, Answer Co -working spaces, Project formulation helps in deciding whether we should initiate and complete the project with profitability, True, False, Answer a. True, Winding up successfully is not a component of project formulation., True, False, Answer b. False, Project performance consists of____, Time, quality, Cost, All of these, Answer d. All of these, Project life cycle consiste of ____, Planning phasece, Organizing phasece, Executing phase, All of these, Answer d. All of these, EDII stands for______, Entrepreneurship development institute of India, English development institute of India, Entrepreneurship design institute of India, Entrepreneur development Indian industries, Answer a. Entrepreneurship development institute of India