Question : Entrepreneurship provide livelihood to those who neither have capital to earn interest nor had land to earn rent.
Which need for entrepreneurship is highlighted here?
 

Option 1: Contribution to GDP
 

Option 2: Capital formation
 

Option 3: Generation of Employment

Option 4: Generation of business opportunities for others.
 

Question : Which of the following is not a part of process of entrepreneurship development?
 

Option 1: Idea Generation

Option 2: Business Planning

Option 3: Market Research

Option 4: Employee Training

Question : Which of the following is an example of a non-financial incentive for entrepreneurship development?

Option 1: Tax exemptions

Option 2: Access to capital

Option 3: Business incubation

Option 4: Public recognition and awards

Question : The important indicator of economic development is increase in GDP. As income is generated in the production, entrepreneurship generate income through organisation of production.
Which need for entrepreneurship is highlighted here?
 

Option 1: Contribution to GDP
 

Option 2: Capital formation
 

Option 3: Generation of employees
 

Option 4: Generation of business opportunities for others.
 

Question : It involves improving process, reducing wastage, increasing yield and bringing technical progress by altering labour capital ratio.
Which need for entrepreneurship is highlighted here?
 

Option 1: Improvement in economic efficiency
 

Option 2: Increasing spectrum and scope of economic activities
 

Option 3: Impact on local communities
 

Option 4: Capital formation
 

Question : It involves diversification of economic activities across the geography, sector and technological scope which leads to development of any economy.
Which need for entrepreneurship is highlighted here?
 

Option 1: Improvement in economic efficiency
 

Option 2: Increasing spectrum and scope of economic activities
 

Option 3: Impact on local communities
 

Option 4: Capital formation