CBSE Questions for Class 11 Commerce Business Studies Small Business And Entrepreneurship Quiz 1 - MCQExams.com

Which is the most famous example of Streve Wozniak?
  • Apple computers
  • Orange
  • Lenovo
  • None of the above
Procurement of capital from new sources is_________ type of characteristic of an Entrepreneur.
  • Factor innovation
  • Innovation production
  • Market innovation
  • None of the above
The basic types of Entrepreneurship are _________.
  • opportunity - Based Entrepreneurship
  • necessity - Based Entrepreneurship
  • both (a) & (b)
  • none of the above
Small scale industries are highly _______.
  • Capital intensive
  • Machine intensive
  • Labour intensive
  • None of the above
Your real Boss is the one who walks around under your hat. is stated by ___________.
  • Maslow
  • Hilaire Belloc
  • Jane Austen Quotes
  • Napoleon Hill
Which of the following is not a key element of Entrepreneurship?
  • Innovation
  • Risk taking
  • Organising skills
  • Diversification
An Indian Entrepreneur as per Mckinsey & company lacks
  • Identify funding person
  • Talent pool
  • Potential to become Entrepreneur
  • None of the above
As per leibenstein thought about Entrepreneur ______.
  • he is a innovator
  • he is a gap-filler
  • he is a person of no ordinary skill
  • he improved the production.
Entrepreneurs are _________.
  • gap fillers
  • leaders and innovators
  • creative initiators
  • all of the above
A/An_______. is an individual who creates something for the first time, is a highly driven individual motivated by his or her own work and personal ideas.
  • inventor
  • intrapreneur
  • entrepreneur
  • manager
Alertness, sharp mind and sharp memory are ________ qualities of an entrepreneur.
  • mental
  • ethical
  • physical
  • social
Under the Start-up India scheme, the government of offers _____________.
  • Easy Registration
  • Tax Exemption
  • No Inspection
  • All of the above
What is a sound strategic option for an Entrepreneur when synergy is present" select correct option.
  • Merger
  • Joint venture
  • Minority interest
  • Majority interest
All of the following are subsidiaries of the State Bank of India, except__________________.
  • State Bank of Bikaner and Jaipur
  • Central Bank of India
  • State Bank of Hyderabad
  • State Bank of Patiala
According to Peter Drucker, entrepreneurship is a _______.
  • Science
  • Art
  • Practice
  • All of the above
Problems of Regional Rural Banks:-
  1. Poor recovery system 
  2. Lack of co-ordination 
  3. Regional Imbalance 
  4. Inadequate finance
Which of the given options are correct?
  • I and II are correct
  • II, III and IV are correct
  • I, II and III are correct
  • All are correct
The main functions of the RRBs are:
I. to grant loans and advances to the weaker sections of the urban population.
II. to grant loans and advances to cooperative societies.
III. to generate employment opportunities in rural areas.
IV. to grant loans and advances to the small and marginal farmers.
Which of the given options are correct?
  • I and II are correct
  • I, II and III are correct
  • II, III and IV are correct
  • All are correct.
Entrepreneur who likes to manage a balance between work and personal life is called ________.
  • improvers
  • sustainers
  • superstar
  • artiste
In the Small Sector Industrial Policy, 1991, the investment limit in plant and machinery of Tiny enterprises is ______.
  • Rs. 5 lakhs
  • Rs. 7 lakhs
  • Rs. 10 lakhs
  • Rs. 15 lakhs
Businessmen use the word 'Capital' in the sense of ______________.
  • Produced means of production
  • Total assets employed in a business
  • Net assets
  • Capital stock
Mahila Udyam Nidhi Scheme is to help __________.
  • Small farmers
  • Women entrepreneurs
  • Poorest among the poor people living in rural areas
  • All of the above
In 1995 the total number of regional rural banks operating in India were _____.
  • 180
  • 186
  • 190
  • 196
Invariably the primary focus of intrapreneur is on ________.
  • To move towards organizational success.
  • To move towards personal success.
  • To create opportunity for move money being independent
  • Both (a) and (b)
The characteristic feature of manager that is NOT present in entrepreneur is _______.
  • Manager has no competitors.
  • Managers agree with top management.
  • Manager has to meet deadlines given by top management
  • All of the above
Entrepreneur is a person _________.
  • having high aptitude
  • who wants to work for himself
  • ready to bear risk for profit in new venture
  • all of the above
Which of the following factors does not affect a person from being an entrepreneur?
  • Work history
  • Nationality
  • Education
  • Personal values
Which of the following abilities an entrepreneur must possess?
  • Creativity
  • Conceptualization
  • Understanding environment
  • All of the above
Which one of the following is not the characteristics of entrepreneurship?
  • Innovation
  • Organising skills
  • Indifferent approach
  • Risk taking
The uncertainty that is not the characteristic feature of Intrapreneurship is ________.
  • the changes of failure are high as being backed up from headquarters.
  • its projects are funded by large organizations
  • it promotes the manager to be more innovative
  • it creates wealth for headquarters
 Who can be an entrepreneur?
  • People from an established business organization
  • Individuals who have been in the business for long time.
  • Individuals who are from upper caste.
  • Irrelevant as any one can be Entrepreneur
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