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12th Standard Commerce Elements of Entrepreneurship English Medium Free Online Test One Mark Questions 2020 - 2021

12th Standard

    Reg.No. :
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Commerce

Time : 00:10:00 Hrs
Total Marks : 10

    Answer all the questions

    10 x 1 = 10
  1. Which of the below is a factor of production?

    (a)

    Land

    (b)

    Labour

    (c)

    Enterpreneurship

    (d)

    All of the above

  2. Which of the below is a commercial function?

    (a)

    Accounting

    (b)

    Coordination

    (c)

    Discovery of idea

    (d)

    Planning

  3. The person who establishes business is termed as

    (a)

    Entrepreneur

    (b)

    Intrapreneur

    (c)

    Promoter

    (d)

    Manager

  4. An Irishman described the entrepreneur to be a person who assumes risk inherent in the venture started by him - who said these words?

    (a)

    Jean Baptize

    (b)

    Knight

    (c)

    Schumpeter

    (d)

    Richard Cantillon

  5. CWEI was registered as a civil society in the year

    (a)

    1990

    (b)

    1992

    (c)

    1996

    (d)

    1998

  6. A women entrepreneur is supposed to have a minimum financial interest in share capital of entrepreneur's enterprise:

    (a)

    35 percent

    (b)

    51 percent

    (c)

    25 percent

    (d)

    None of the above

  7. List I List II
    i) Spirit of enterprise 1) Rigid fashion
    ii) Flexibility 2) Manpower, technology
    iii) Resource mobilisation 3) Sympathy and empathy
    iv) Leadership 4) Setbacks or frustrations.
    (a)
    (i) (ii) (iii) (iv)
    4 1 2 3
    (b)
    (i) (ii) (iii) (iv)
    1 2 3 4
    (c)
    (i) (ii) (iii) (iv)
    2 3 1 4
    (d)
    (i) (ii) (iii) (iv)
    3 4 2 1
  8. ______________ defines an entrepreneur as the director or a manager of a musical institution.

    (a)

    American Dictionary

    (b)

    London Dictionary

    (c)

    Oxford Dictionary

    (d)

    None of these

  9. ________________ is dependent on the entrepreneur.

    (a)

    Intrapreneur

    (b)

    Manager

    (c)

    Consumer

    (d)

    Organisation

  10. _____________ is accredited by Government of India.

    (a)

    STEP

    (b)

    CWEI

    (c)

    DIC

    (d)

    TREAD

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TN 12th Standard Commerce free Online practice tests

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