Importance of Entrepreneurship — Important Questions
NIOS · Class 10 · Entrepreneurship
87 important questions from Importance of Entrepreneurship for NIOS Class 10 Entrepreneurship, with answers. Written for the board exams 2027.
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Important Questions from Importance of Entrepreneurship
Which set contains only social factors affecting entrepreneurship?
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Prestige and self-esteem, Cultural values, Religious beliefs
Prestige and self-esteem, cultural values, and religious beliefs are social factors, while finance is economic.
Which set contains only economic factors affecting entrepreneurship?
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Finance, Stock of capital, Methods of production
Finance, stock of capital, and methods of production are economic factors.
What is the main role of entrepreneurs in production?
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They use land, labour, capital and technology effectively to produce goods and services
Entrepreneurs use national resources effectively to produce goods and services and generate national income.
Which is a direct result of entrepreneurship for the economy?
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Generation of employment opportunities
Entrepreneurship creates employment opportunities and reduces unemployment.
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Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.
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