MCQ Questions For Class 12 Entrepreneurship

Students can refer to the below provided MCQ Questions for Class 12 Entrepreneurship with solutions. We have provided chapter-wise multiple choice questions with answers for all chapters given in your Class 12 Entrepreneurship book issued by CBSE, NCERT, and KVS. These objective questions with answers have been designed based on the latest syllabus and examination guidelines issued for the current academic year.

Entrepreneurship Class 12 MCQ Questions with Answers

Please click on the chapter-wise links below free download in Pdf multiple-choice questions for Entrepreneurship in standard 12. These questions are expected to be asked in the upcoming class 12th examinations. These MCQs will help you to get better marks in examinations. Our expert teachers have referred to the latest question paper patterns and have accordingly designed these important questions and answers based on NCERT books for Class 12 Entrepreneurship issued for the current academic year.

Chapterwise MCQs with Answers for Class 12th Entrepreneurship

Class 12 Entrepreneurship MCQs

Question. Entrepreneurial Competence refers to-
(a) Discrimination
(b) Self-exposure
(c) Respect for social order
(d) Commitment

Question. Entrepreneurship Development Program is helpful for
(a) First-generation entrepreneurs
(b) Future generation entrepreneurs
(c) Existing Entrepreneurs
(d) None of the above

Question. Which of these is not a type of entrepreneurship?
(a) Small business entrepreneurship
(b) Scalable entrepreneurship
(c) Large scale entrepreneurship
(d) Intrapreneurship

Question. Entrepreneurship is useful to the organization because of __________
(a) Development of managerial capabilities
(b) Creation of organization
(c) Improving standard of living & economic development
(d) All of these

Question. Entrepreneurial Guidance Bureau (EGB) was set up by
(a) SISI
(b) SIPCOT
(c) IIC
(d) SIDCO

Question. Which of these is not a challenge for the entrepreneur?
(a) Managing the cash flow of their business
(b) Recruiting new employees
(c) Choosing the product or service to sell in the market
(d) Formulating rules and regulations relating to conducting entrepreneurship in their country

Question. Which of the following is a remedy to solve the problems of women entrepreneurs?
(a) Social attitude
(b) Finance cells
(c) Stiff Competition
(d) Supervision

Question. Being an entrepreneur involves risks as well as rewards. Which of the following is a risk of being an entrepreneur?
(a) decision-making
(b) flexibility
(c) creativity
(d) uncertain income

Question. Who should be involved in preparing a firm’s business plan?
(a) Accountant
(b) Engineer
(c) Entrepreneur
(d) None of the above

Question. Capital is arranged from Internal sources refers to the owner’s own money known as
(a) Profit
(b) Capital
(c) Equity
(d) None of the above

Question. Entrepreneurship is a creative activity – Said by:
(a) Frederick Harbison
(b) B. F. Hoselitz
(c) B. Higgins
(d) Joseph

Question. Entrepreneurs want to make their own decisions. Which word best describes this characteristics?
(a) goal-oriented
(b) independent
(c) enthusiastic
(d) action-oriented

Question. A trait of entrepreneurs
(a) investment
(b) profile
(c) goal-oriented
(d) competition

Question. “One-man control is best in the world if that man is big enough to manage everything.” This statement holds true for ____________ form of business organization.
(a) Private company
(b) Sole proprietor
(c) Partnership
(d) Public company

Question. A Company is called an artificial person because 
(a) It does not have the shape of a nature person
(b) It cannot be sued in the court of law
(c) It is invisible and intangible
(d) It exists in the eyes of law

Question. Entrepreneur is :
(a) Manager
(b) Director
(c) Employee
(d) Risk taker

Question. What is the basic test for a successful entrepreneur?
(a) Identification of target market 
(b) Identification of business opportunity
(c) Identification of problem
(d) Identification of ways to earn profit

Question. By opportunity we mean :
(a) Idea which can be converted into business enterprise
(b) To earn profit
(c) Opportunity is circumtanes-oriented
(d) All of these

Our team of teachers has developed these multiple-choice questions with answers for Standard 12th Entrepreneurship for all important topics from which questions are going to be asked in the exams. We have provided answers to all the MCQs so that you can check your level of understanding of the subject. We have provided all MCQs for Class 12 Entrepreneurship in Pdf format so that you can download them easily.

There will be a lot of MCQ-based questions asked in this year’s Grade 12 Entrepreneurship exam. Students of Class 12 should carefully understand all the topics given in each chapter and then attempt the questions given for each chapter above. Our faculty have used the latest NCERT Book for Class 12 Entrepreneurship issued for the current academic year for designing the MCQ questions.

Benefits of MCQ Questions for Class 12 Entrepreneurship with Answers

a) This year there will be a lot of MCQ questions coming in the upcoming Entrepreneurship examination. In order to improve your marks, you should learn all the important questions and answers provided by us.

b) Multiple Choice Questions for Entrepreneurship Class 12 have been developed by our expert faculty based on the latest guidelines relating to question paper patterns issued by CBSE.

c) Daily practice of all MCQ questions is required to score better marks in Grade 12th Entrepreneurship exams.

d) We have provided easy-to-download and print Pdfs of MCQ questions for Entrepreneurship Class 12.

Printable MCQs CBSE Class 12 Entrepreneurship is designed by our expert faculty and we have also provided the best study material as per CBSE NCERT standards.