Class 9 Employability Skills Unit 4 Entrepreneurship Skills 150+ MCQ’s with answer

81. A __________ is defined as a legal entity formed to get engaged in business, by a group of individuals.

(a) One Person Company

(b) Company

(c) Partnership

(d) None of these

Answer : (b) Company

82. Individuals of company have _________ liability.

(a) limited

(b) unlimited

(c) None of these

Answer : (a) limited

83. The capital in units of equal value of a company are called __________.

(a) Cash

(b) Equity

(c) Shares

(d) None of these

Answer : (c) Shares

84. Company can by public or private. [T/F]

(a) True

(b) False

Answer : (a) True

85. _______ sector includes businesses that involve extraction, retrieval, harvest and production of raw materials using natural products from the earth.

(a) Primary

(b) Secondary

(c) Tertiary

(d) None of these

Answer : (a) Primary

86. _______ sector includes mining, agriculture, fishing, and horticulture.

(a) Primary

(b) Secondary

(c) Tertiary

(d) None of these

Answer : (a) Primary

87. The main activity of businesses in __________ sector is transformation of raw materials into finished goods.

(a) Primary

(b) Secondary

(c) Tertiary

(d) None of these

Answer : (b) Secondary

88. ______ sector takes products from primary sector and organizes all factors of production to make utility as well as luxury products.

(a) Primary

(b) Secondary

(c) Tertiary

(d) None of these

Answer : (b) Secondary

89. ______ sector is defined by provision of services to businesses and customers.

(a) Primary

(b) Secondary

(c) Tertiary

(d) None of these

Answer : (c) Tertiary

90. ______ sector is completely based on a service and there is no production of goods involved.

(a) Primary

(b) Secondary

(c) Tertiary

(d) None of these

Answer : (c) Tertiary

91. ______ is the process of strengthening the skills and knowledge of budding and existing entrepreneurs by handholding them during their entrepreneurial journey.

(a) Entrepreneurship development

(b) Business development

(c) Company development

(d) None of these

Answer : (a) Entrepreneurship development

92. ______ is the process of identifying an opportunity and turning it into a venture.

(a) Entrepreneurship

(b) Entrepreneur

(c) Enterprise

(d) None of these

Answer : (a) Entrepreneurship

93. ______ is a skill or an ability to act on ideas and build on opportunities.

(a) Entrepreneurship

(b) Entrepreneur

(c) Enterprise

(d) None of these

Answer : (a) Entrepreneurship

94. An ___________ is a person who undertakes risk to start a business of his/her own.

(a) Entrepreneurship

(b) Entrepreneur

(c) Enterprise

(d) None of these

Answer : (b) Entrepreneur

95. An ___________ is the one who always searches for change, responds to it and exploits it as an opportunity.

(a) Entrepreneurship

(b) Entrepreneur

(c) Enterprise

(d) None of these

Answer : (b) Entrepreneur

96. _______________ Development involves enabling entrepreneurs through institution-building learning & development programs and structured training.

(a) Entrepreneurship

(b) Entrepreneur

(c) Enterprise

(d) None of these

Answer : (a) Entrepreneurship

97. The objective of Entrepreneurship Development program is ______.

(a) to empower budding entrepreneurs

(b) to start and run their business effectively and efficiently

(c) Only (a)

(d) Both (a) and (b)

Answer : (d) Both (a) and (b)

98. Entrepreneurship Development programs cover aspects of _________.

(a) entrepreneurial skills, business planning,

(b) fundraising, setting-up of a new venture

(c) growth & development strategies

(d) All of the above

Answer : (d) All of the above

99. The main aim of entrepreneurship development is ___________.

(a) to enlarge the base of entrepreneurs

(b) encourage overall entrepreneurial activity

(c) catalyze the pace at which new ventures are created

(d) All of the above

Answer : (d) All of the above

100. Entrepreneurship development is also a process in itself and can be divided into _________ phases.

(a) 2

(b) 3

(c) 4

(d) None of these

Answer : (b) 3

100. Entrepreneurship development is also a process in itself and can be divided into _________ phases.

(a) 2

(b) 3

(c) 4

(d) None of these

Answer : (b) 3

101. Which of the following is the phases of Entrepreneurship development ?

(a) Stimulatory Phase

(b) Support Phase

(c) Sustenance Phase

(d) All of these

Answer : (d) All of these



Employability Skills – Class 9 : MCQ’s


Class 10 Employability Skills


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