Class 10 Employability Skills
Unit 4 Entrepreneurial Skills – 100+ Multiple Choice Questions
Q1. _________ is the type of self-employment where one is running a business to satisfy the needs of people and looking for ways to make the business better.
(a) Entrepreneurship
(b) Entrepreneur
(c) Business Idea
(d) Entrepreneurist
Q2. Which of the following are the qualities of successful entrepreneurs?
(a) They are confident.
(b) They take responsibility for their actions.
(c) They work hard
(d) All of the above
Q3. _________ are people who work for a person or an organization and get paid for that work.
(a) Self employed
(b) Wage employed
(c) Both of the above
(d) None of the above
Q4. ________ people are those who start businesses to satisfy the needs of people.
(a) Self-employed
(b) Wage-employed
(c) Both of the above
(d) None of the above
Q6. Ramya and Ramu both own plant shops. Ramu sits at his shop every day. When customers come, he sells to them. Ramya walks around and gets customers to her shop. She also sells seeds and flowers. Who is Entrepreneur out of Ramya and Ramu.
(a) Ramya
(b) Ramu
(c) Both of the above
(d) None of the above
Q7. What do entrepreneurs do when they run their business?
(a) They help in increasing jobs in their area.
(b) Helping the people in the society to earn money.
(c) Both of the above
(d) None of the above
Q8. Qualities of successful entrepreneurs are.
(a) They keep trying new ideas.
(b) They are confident.
(c) They are creative
(d) All of the above
Q9. Ravi’s customer comes to his store and starts shouting at him. He does not get angry. He listens to what his customer is saying. He is ________.
(a) Hardworking
(b) Confident
(c) Patient
(d) Trying new ideas
Q10. Susheela decides to sell her company tyres in Sri Lanka. It does not sell and she has a loss. She apologises to the people who work for her. She says she will plan better next time. She _________ .
(a) takes responsibility for her mistakes
(b) thinks before making a decision
(c) does not give up
(d) is creative
Q11. Entrepreneurs can create jobs in the market. ( T / F )
(a) True
(b) False
Q12. When many entrepreneurs sell mobile phones in a market, the prices of phones increase. (T/F)
(a) True
(b) False
Q13. Entrepreneurs identify a need in the market and build a product or service for it. (T/F)
(a) True
(b) False
Q14. As an entrepreneur, you should be _______ .
(a) Creative
(b) Hard Working
(c) Decision Maker
(d) All of the above
Q15. An entrepreneur do the things as ________ .
(a) others are doing
(b) different from others.
(c) a lazy person
(d) None of the above
Q16. The money used to start a business is called ________ .
(a) Capital
(b) Business Money
(c) Start ups
(d) None of the above
Q17. Success of entrepreneur depends on _________ .
(a) Hard Work
(b) Good Idea
(c) Both of the above
(d) None of the above
Q18. Which of the following are misconception about Entrepreneur?
(a) Entrepreneurs are born, not made.
(b) A person having a big business is an entrepreneur.
(c) A person needs a lot of money to start a business.
(d) All of the above
Q19. A doctor who works for a hospital is a _______ person.
(a) Wage employed
(b) Self employed
(c) Both of the above
(d) None of the above
Q 20. Dr. Ravi has his own clinic so he is a _____________ Person.
(a) Self-employed
(b) Wage-employed
(c) Both of the above
(d) None of the above
Q 21. Positive impact of entrepreneurship on society is _________
(a) Accentuates economic Growth
(b) Encourages welfare of the society
(c) Solves the problems of the society
(d) All of the above
Q 22. Society plays a role in boosting entrepreneurship by ___________ .
(a) Providing raw materials
(b) Creating needs and demands
(c) Both of the above
(d) None of the above
Q 23. Adverse impact of entrepreneurship on society is ____________ .
(a) Environmental degradation
(b) Trade imbalance
(c) Labour exploitation
(d) None of the above
Q 24. Which of the following social problems are tackled by social entrepreneurs?
(a) Low reach of quality education
(b) Unemployment
(c) Child labour
(d) All of the above
Q 25. Agricultural Entrepreneurship helps farmers in _________ .
(a) finding low-cost innovations in farming processes.
(b) giving loans to farmers
(c) giving jobs to the family members of farmers.
(d) All of the above
Q 26. Which of the following entrepreneurship refers to starting industries in which manufacturing, trading, providing services, productions are done on a micro scale?
(a) Women Entrepreneurship
(b) Agricultural Entrepreneurship
(c) Small Scale Entrepreneurship
(d) None of the above
Q 27. Entrepreneurship skills helps ___________ .
(a) to develop ability to handle failure.
(b) in making difference to the society.
(c) to develop critical thinking
(d) All of the above
Q 28. All businesses are either skyrocket or fail. (T/F)
(a) True
(b) False
Q 29. Which of the following are commercial functions of Entrepreneur?
(a) Innovation
(b) Finance and Accounting
(c) Leadership
(d) All of the above
Q 30. An enterprise owned and controlled by a woman and giving at least 51 per cent of the employment generated in the enterprise to women is ___________ .
(a) Agricultural Entrepreneurship
(b) Small Scale Entrepreneurship
(c) Social Entrepreneurship
(d) Women Entrepreneurship
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