Quiz  /  Entrepreneurship development Class 10 MCQ Questions With Answers

  • 1. 
    What is the key objective of Value Proposition Canvas?

  • To map the customer needs
  • To map the customer feedbacks
  • To map the customer values
  • To map the customer relation

  • 2. 
    Who among these are not your key business partners?

  • Government
  • Public or Prtivate Bank
  • Customer
  • Raw material supplier

  • 3. 
    Why is multi-tasking a key entrepreneurial skill?

  • Small businesses may start out as one-person operations.
  • Small businesses usually involve delegating tasks to employees.
  • Small businesses usually involve tasks that must be completed immediately.
  • Small businesses usually involve hiring a large staff to get them off the ground.

  • 4. 
    Which of the following is not a key aspect of customer need?

  • Quality and quantity
  • Price
  • Location
  • Variation

  • 5. 
    State the following facts are true or false:1. Entrepreneurs can create jobs in the market.2. When many entrepreneurs sell mobile phones in a market, the prices of phones increase.

  • 1. True2. False
  • 1. False2. True
  • 1. False2. False
  • 1. True2. True

  • 6. 
    What is the full form of NABARD?

  • National Bill for Agriculture and Rural Development
  • National Bank for Agriculture and Rural Development
  • National Bill for Agriculture and River Development
  • National Bank for Agriculture and River Development

  • 7. 
    Which of the following is not a part of Financial Planning?

  • Cash Flow Statement
  • Profit and Loss Account
  • Debit Credit list
  • Balance Sheet

  • 8. 
    What is the full form of DPR?

  • Delayed Project Report
  • Detailed Performance Report
  • Domestic Progress Ratio
  • Detailed Project Report

  • 9. 
    What is initiative?

  • The drive to do whatever is necessary to make a business successful
  • The drive to oversee a variety of business-related details
  • The drive to delegate as many responsibilities as necessary and possible
  • The drive to solve many problems in a timely manner

  • 10. 
    Select the correct arrangement:

  • BMC > VPC > DPR > FP
  • VPC > BMC > DPR > FP
  • VPC > BMC > FP > DPR
  • None of these

  • 11. 
    Cooking in a restaurant is a _______________ business idea but owning a clothing business is a _____________ business idea.

  • Wage employment, Industrial employment
  • Self employment, Industrial employment
  • Wage employment, Self employment
  • None of these

  • 12. 
    Which one of the entrepreneurial skills would fall under marketing and sales?

  • Creating events
  • Opening the doors early
  • Paying bills on time
  • Ordering the right inventory

  • 13. 
    Which of the following is not a principle of business idea creation?

  • Customer need
  • Entrepreneur’s own interest or talent
  • Innovative
  • None of these

  • 14. 
    Which of the following is an entrepreneur's important characteristics?

  • Creativity and innovation
  • Communication skills
  • Critical thinking ability
  • All of these

  • 15. 
    Surabhi opens 5 painting stores across India. Which stage of business development is this?

  • Entering stage
  • Surviving stage
  • Growing stage
  • None of these
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