Teachers and Examiners collaborated to create the Entrepreneurship Class 12 MCQ. The team has gathered all of the important MCQs from Employability Skills Textbook. All of the MCQs have been organized topic wise.
Class 12 Entrepreneurship MCQ
Session 1: Entrepreneurship and Entrepreneur
1. Entrepreneurs discover an idea to seize on an opportunity, mobilize money, generate resources, and take calculated risks in order to expand the market or start a new business for _____________.
a. Products
b. Processes
c. Services
d. All of the above
2. Entrepreneurship development refers to the process of enhancing entrepreneurial skills and knowledge through _______________ programmes.
a. Structured training
b. Institution building
c. Both a) and b)
d. None of the above
3. To determine the market potential, it is useful to _______________ before programme formulation.
a. Need Assessment
b. Need Survey
c. Both a) and b)
d. None of the above
4. Training in entrepreneurship development needs to include support for___________ .
a. Entrepreneurship Orientation and awareness
b. Development of competencies
c. Improvement of business performance for growth and competitiveness
d. All of the above
Entrepreneurship Class 12 MCQ
5. The ______________________ is a premier organization of the Ministry of Skill Development and Entrepreneurship, Government of India, engaged in training, consultancy and research to promote entrepreneurship and skill development.
a. National Institute for Entrepreneurship
b. Small Business Development
c. Both a) and b)
d. None of the above
6. What are the training programs given by the Ministry of Skill Development and Entrepreneurship, Government of India, from the last 15 years.
a. Management Development Programmes
b. Entrepreneurship cum skill development programmes
c. Cluster Intervention
d. All of the above
7. The word ‘entrepreneur’ is derived from the _________________ entreprendre.
a. French word
b. Austrian Word
c. Greek Word
d. None of the above
8. The word ‘entrepreneur’ is derived from the French word entreprendre, which means ‘to undertake’.
a. Undergoing
b. Undertaking
c. Underworking
d. All of the above
9. Who told “The process by which individuals pursue opportunities without regard to the resources they currently control.”
a. Stevenson
b. Jarillo
c. Both a) and b)
d. None of the above
10. Characteristics of entrepreneurship?
a. It is an economic activity done to create, develop and maintain a profit – oriented organization.
b. It begins with identifying an opportunity as a potential to sell and make profit in the market.
c. It deals with optimization in utilization of resources.
d. All of the above
11. Qualities of a successful entrepreneur?
a. Initiative & Self confidence
b. Willingness to take risks & Hard work
c. Ability to learn from experience & Decision making ability
d. All of the above
12. What are the different types of entrepreneurs?
a. Service entrepreneurs & Agricultural entrepreneurs
b. Business entrepreneurs & Non-technical entrepreneurs
c. Industrial entrepreneurs & Technical entrepreneurs
d. All of the above
Entrepreneurship Class 12 MCQ
13. _________________ entrepreneurs either create a new market for their services or provide a service in an existing market.
a. Service entrepreneurs
b. Business entrepreneurs
c. Industrial entrepreneurs
d. Agricultural entrepreneurs
14. ________________ entrepreneurs, who undertake business and trading activities and are not concerned with the manufacturing work.
a. Service entrepreneurs
b. Business entrepreneurs
c. Industrial entrepreneurs
d. Agricultural entrepreneurs
15. ______________l entrepreneur is, essentially, a manufacturer, who identifies the needs of customers and creates products or services to serve them.
a. Service entrepreneurs
b. Business entrepreneurs
c. Industrial entrepreneurs
d. Agricultural entrepreneurs
16. Agriculture has always been considered as a low-yielding entrepreneurship. ______________ have now introduced new and innovative technology to maximize the yield, giving birth to agriculture entrepreneurship.
a. Service entrepreneurs
b. Business entrepreneurs
c. Industrial entrepreneurs
d. Agricultural entrepreneurs
17. The Industrial Revolution gave birth to ____________ entrepreneurs, who use their technical expertise to create and offer machines, tools and methods.
a. Technical entrepreneurs
b. Non-technical entrepreneurs
c. Professional entrepreneurs
d. IT entrepreneurs
18. These entrepreneurs use their expertise in providing services to create a market for ______________ entrepreneurs.
a. Technical entrepreneurs
b. Non-technical entrepreneurs
c. Professional entrepreneurs
d. IT entrepreneurs
19. People who take up entrepreneurship in the field of Information Technology (IT) are called _________________ entrepreneurs.
a. Technical entrepreneurs
b. Non-technical entrepreneurs
c. Professional entrepreneurs
d. IT entrepreneurs
20. Individuals, who focus on developing solutions that benefit the society, are called _______________ entrepreneurs.
a. Technical entrepreneurs
b. Non-technical entrepreneurs
c. Social entrepreneurs
d. IT entrepreneurs
21. When a family or an individual runs a business successfully and passes it onto the next generation, then such an entrepreneur is, generally, termed as family ____________ entrepreneur.
a. Technical entrepreneurs
b. Non-technical entrepreneurs
c. Social entrepreneurs
d. Family business entrepreneurs
22. Who are the 5th generation entrepreneurs?
a. Different age group without any entrepreneurship background
b. An individual who starts at the age of 50 years without any entrepreneurship background
c. Both a) and b)
d. None of the above
23. What are the roles and functions of an entrepreneur?
a. Identifying entrepreneurial opportunity
b. Turning ideas into action & Setting up an enterprise
c. Feasibility Study & Resourcing
d. All of the above
24. What motivates an entrepreneur?
a. Standard of excellence
b. Uniqueness & Need to influence
c. Focus on long – term goals
d. All of the above
25. What are the ways by which aspiring entrepreneurs can identify new business opportunities and evaluate their potential and risks.
a. Community concerns
b. Personal experiences
c. Research with others
d. All of the above
Entrepreneurship Class 12 MCQ
26. Startups come up with an innovative idea. At the same time, they like to get guidance and mentoring from an expert.
a. Startups
b. Customer
c. Both a) and b)
d. None of the above
27. Salman tries new ideas as a tailor in a garment factory. Salman is a/an ______________.
a. Entrepreneur
b. Wage employed person
c. Laborer
d. Unskilled worker
28. Prashant works for Surabhi, who is a businesswoman. Prashant is an ___________________.
a. Entrepreneur
b. Wage employed person
c. Skilled worker
d. Businessman
Entrepreneurship Class 12 MCQ
Session 2: Barriers to Entrepreneurship
29. What are the barriers that entrepreneurs may face while running their business?
a. Lack of adequate resources or raw material
b. Non – availability of skilled labor
c. Lack of requisite machinery and other infrastructure
d. All of the above
30. What are the various schemes to help small – scale entrepreneurs gain capital
a. Government Mudra Yojana
b. Credit Guarantee Scheme
c. Stand – Up India Scheme
d. All of the above
31. Mary believes that she will not have the ability to work with a team when she starts her business. The barrier she is facing is _____________________.
a. getting capital
b. self-doubt
c. risk taking
32. Sayed knows what business he wants to do but does not know what steps he has to take to get it running. The barrier stopping him is _____________________.
a. building the right team
b. lack of plan
c. risk taking
33. Harish has a rug business in India. He wants to start exporting rugs to Canada but does not know if they would sell there. The barrier he is facing is _____________.
a. self-doubt
b. lack of plan
c. selecting the right business idea
Entrepreneurship Class 12 MCQ
Session 3: Entrepreneurial Attitudes
34. What attitudes make a successful entrepreneur?
a. Decisiveness
b. Taking initiative & Interpersonal Skills
c. Organizational Skills & Perseverance
d. All of the above
35. The ability to continue to do something, even when it is difficult, is called _________________.
a. Initiative
b. Organizational skills
c. Perseverance
36. The ability to act in a situation before others do is ______________.
a. Interpersonal skills
b. Initiative
c. Perseverance
37. The ability to work with others is ______________.
a. Organizational skills
b. Interpersonal skills
c. Initiative
Entrepreneurship Class 12 MCQ
Session 4: Entrepreneurial Competencies
38. ________________ is the ability to make profitable and quick decisions.
a. Decisiveness
b. Initiative
c. Interpersonal Skills
d. Perseverance
39. Identify the process where decisiveness can be developed.
a. Knowing yourself
b. Problem solving
c. Analyze the opportunity
d. All of the above
40. ____________ is the ability to take charge and act in a situation before others.
a. Decisiveness
b. Initiative
c. Interpersonal Skills
d. Perseverance
41. Identify the process where Initiative can be developed in the entrepreneur.
a. Realize that you can take action
b. Believe you can take action
c. Take action
d. All of the above
42. ______________ means dealing with relationships. It is between two or more persons.
a. Decisiveness
b. Initiative
c. Interpersonal Skills
d. Perseverance
43. Entrepreneurs want to develop their entrepreneurship skills, and suggest some ways to do that.
a. Listening
b. Body Language
c. Positive Attitude
d. All of the above
Entrepreneurship Class 12 MCQ
44. That state of mental pressure or tension is called ___________.
a. Stress
b. Headache
c. Mental disturbed
d. None of the above
45. How you can deal with stress.
a. Taking a walk in nature
b. Doing a physical activity like running, swimming, etc.
c. Practicing deep breathing exercises & Practicing meditation or yoga
d. All of the above
46. Perseverance is the ability to continue to do something, even when it is difficult.
a. Perseverance
b. Meditation
c. Stress
d. None of the above
47. How can you build perseverance in your daily life?
a. Not giving up when there is a difficult situation
b. Working hard to achieve the goal
c. Analyzing failures and learning from them
d. All of the above
48. Time management is the process of planning and following a conscious control of time spent on specific activities. Time management includes__________.
a. Planning well
b. Setting goals
c. Setting deadlines
d. All of the above
49. A goal is somewhere we want to reach. It is the aim or result that we want from an activity. Goal makes us to ____________ to complete the work.
a. Work harder
b. Motivates us
c. Both a) and b)
d. None of the above
Employability Skills Class 12 Notes
Unit 1 : Communication Skills – IV
Unit 2 : Self-Management Skills – IV
Unit 3 : Information and Communication Technology Skills – IV
Unit 4 : Entrepreneurial Skills – IV
Unit 5 : Green Skills – IV
Employability Skills Class 12 MCQ
Unit 1 : Communication Skills – IV
Unit 2 : Self-Management Skills – IV
Unit 3 : Information and Communication Technology Skills – IV
Unit 4 : Entrepreneurial Skills – IV
Unit 5 : Green Skills – IV
Employability Skills Class 12 Questions and Answers
Unit 1 : Communication Skills – IV
Unit 2 : Self-Management Skills – IV
Unit 3 : Information and Communication Technology Skills – IV
Unit 4 : Entrepreneurial Skills – IV
Unit 5 : Green Skills – IV
Reference Textbook
The above Entrepreneurship Class 12 Chapter 1 MCQ was created using the NCERT Book and Study Material accessible on the CBSE ACADEMIC as a reference.
CBSE | Department of Skill Education. (n.d.). Retrieved March 25, 2022, from https://cbseacademic.nic.in/web_material/Curriculum21/SrSec/EMPLOYABILITY_SKILLS_XII.pdf
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Disclaimer – 100% of the questions are taken from the CBSE textbook MCQ for Entrepreneurship Class 12, and our team has tried to collect all the correct MCQs from the textbook . If you found any suggestion or any error please contact us anuraganand2017@gmail.com.