Importance of Entrepreneurship — Practice Quiz
NIOS · Class 10 · Entrepreneurship
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What is entrepreneurship as a concept in India linked to from ancient and medieval times?
Which set contains only notable modern Indian entrepreneurs named in the chapter?
Which factor is classified as a social variable affecting entrepreneurship?
Which factor is classified as an economic variable affecting entrepreneurship?
Sample Questions
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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