Class 10 Entrepreneurial Skills MCQ comprehensively designed for CBSE Boards. Covers all key points and best for quick revision & high score.
Q1. 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 _____ [NCERT]
a) Hardworking
b) Confident
c) Patient
d) Praying new ideas
Show Answer
c) Patient
Q2. 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 __________ [NCERT]
a) Takes responsibility for your mistakes
b) Thinks before making a decision
c) Does not give up
d) Is creative
Show Answer
a) Takes responsibility for your mistakes
Q3. Ali has a diamond factory. He pays his employees on the 1st of every month. [NCERT]
a) Creates a new product
b) Manages the business
c) Takes risk
Show Answer
b) Manages the business
Q4. Mary buys bulbs for her business from Noida. She learns that bulbs are cheaper in Faridabad. So, she decides to start buying bulbs from there. [NCERT]
a) Makes decisions
b) Divides income
c) Takes risk
Show Answer
a) Makes decisions
Q5. Rehnuma has two people who work for her. Every day, she spends one hour with them to learn about what they’ve done that day. [NCERT]
a) Creates a new product
b) Divides income
c) Manages the business
Show Answer
c) Manages the business
Q6. Which of the followings is not true about entrepreneurs?
a) They are creating and think differently
b) They take responsibility for their action
c) They are impatient
d) They do not give up when face difficulty
Show Answer
c) They are impatient
Q7. Which of the following is misconception we might have about entrepreneurship?
a) Every business idea needs to be unique and special
b) A person needs a lot of money to start a business
c) Entrepreneurs are born, not made
d) All of the above
Show Answer
d) All of the above
Contents
Class 10 Enterpreneurial Skills MCQ
Q8. Assertion (A): Sohrab is running a Choice center in his local area. He has employed five persons.
Reason(R): He is helping Society to grow.
a) Both A and R are correct and R is correct explanation of A
b) Both A and R are correct but R is not correct explanation of A
c) A is correct but R is incorrect
d) A is incorrect but R is correct
Show Answer
b) Both A and R are correct but R is not correct explanation of A
Q9. Which of the following is not a responsibility of entrepreneur?
a) Creating jobs
b) Sharing of wealth
c) Higher price of products
d) Using local materials
Show Answer
c) Higher price of products
Q10. Which of the following is not a function of an entrepreneur?
a) Making decisions
b) Dividing income
c) Creating new products
d) Not taking risk
Show Answer
d) Not taking risk
Q11. A person who is self employed and has ability to take risk and generate new ideas is:
a) Businessman
b) Entrepreneur
c) Broker
d) Employer
Show Answer
b) Entrepreneur
Q12. An engineer is working in Reliance Petroleum. He is:
a) Self employed
b) Wage employed
c) Entrepreneur
d) Contractor
Show Answer
b) Wage employed
Q13. Surendra opens 6 mobile stores across India. He is in ______ process:
a) Enter
b) Survive
c) Grow
d) None of the above
Show Answer
c) Grow
Q14. Chinmay is starting a small grocery store in his locality. This is _______ process of entrepreneurship:
a) Enter
b) Survive
c) Grow
d) None of the above
Show Answer
a) Enter
Class 10 Enterpreneurial Skills MCQ
Q15. There are many coaching classes in Mumbai. Jacob is one of them. He is starting morning batches to attract more students to his classes. He is in _____ process of entrepreneurship:
a) Enter
b) Survive
c) Grow
d) All of the above
Show Answer
b) Survive
Q16. Ramu owns a large clothes shop. Shamu has a small store selling handmade sarees. Shamu does not call himself an entrepreneur. What kind of misconception he has?
a) Every business idea needs to be unique
b) Entrepreneurs are born not made
c) One need to have big business to be called an entrepreneur
d) None of the above
Show Answer
c) One need to have big business to be called an entrepreneur
Q17. Which of the following is an example of entrepreneurship?
a) A cook working in a restaurant
b) A mechanic who owns a garage for repairing vehicles
c) A doctor working in a hospital
d) A teacher teaching in a school
Show Answer
b) A mechanic who owns a garage for repairing vehicles
Q18. Srishti is a young woman who makes earrings. She buys jute from a farmer and makes earrings from that. She sees that most women in her village do not work. So, she hires two women to help her. As her orders increase, she hires three more women to work for her. How was she helping her village grow?
a) By selling earrings to women without a job
b) By purchasing earrings from the local market
c) By buying jute from the local farmer and by providing jobs to local women
d) By attracting the women in her village with her creative earrings
Show Answer
c) By buying jute from the local farmer and by providing jobs to local women
Q19. Entrepreneurs are:
a) Born with special qualities
b) Deceptive
c) Visionaries
d) Open minded
Show Answer
c) Visionaries
Q20. Anwar purchases raw material for his factory from Jaipur. He comes to know that the raw material will be cheaper if he purchases it from Ajmer. So he decided to buy the raw material from there. What type of action is he taking for his business?
a) Making decisions
b) Divide income
c) Taking risk
d) Managing business
Show Answer
a) Making decisions
Q21. Milind has successfully started organic vegetable farming business. For this he hired many women of his village. How is Milind contributing to society through his work?
a) It has created job for people
b) It has raised the standard of living of people employed
c) He is now a role model for other girls to be entrepreneurs
d) All of the above
Show Answer
d) All of the above
Class 10 Enterpreneurial Skills MCQ
Q22. Entrepreneurship is about creating ___ for society’s needs
a) Jobs
b) Solution
c) Money
d) None of the above
Show Answer
b) Solution
Q23. A person who runs a business to satisfy people’s needs is called a/an
a) Employer
b) Manager
c) Entrepreneur
d) Worker
Show Answer
c) Entrepreneur
Q24. Entrepreneurs are an example of
a) Wage employment
b) Self-employment
c) Government service
d) None of these
Show Answer
b) Self-employment
Q25. Which of the following is not a quality of an entrepreneur?
a) Confidence
b) Creativity
c) Hard work
d) None of the above
Show Answer
d) None of the above
Q26. Entrepreneurs help society by
a) Creating jobs
b) Using local materials
c) Helping community
d) All of these
Show Answer
d) All of these
Q27. Entrepreneurs fulfil customer needs by
a) Ignoring demand
b) Producing what people want
c) Selling unwanted items
d) Avoiding customers
Show Answer
b) Producing what people want
Q28. Using local materials helps entrepreneurs to
a) Increase cost
b) Reduce cost and support local people
c) Close business
d) Waste resources
Show Answer
b) Reduce cost and support local people
Q29. When more entrepreneurs sell the same product, the price of the product
a) Increases
b) Decreases
c) Stays the same
d) Doubles
Show Answer
b) Decreases
Q30. Entrepreneurs help in the sharing of ___ among employees to live better life.
a) Wealth
b) Goods
c) Land
d) Houses
Show Answer
a) Wealth
Class 10 Enterpreneurial Skills MCQ
Q31. Bharti, a young woman from Bihar, noticed that many girls in her area liked earrings. She buys jute from a local farmer and makes earrings, running her business called Manavi Natural Handicrafts. Seeing that most women in her village do not work, she hires two women to help her. As her orders increase, she buys more jute and hires three more women. The farmer and the women working for her now earn more money and are able to save for their future. Do you think Bharti is an entrepreneur?
a) Yes
b) No
c) Maybe
d) Not sure
Show Answer
a) Yes
Q32. Bharti, a young woman from Bihar, noticed that many girls in her area liked earrings. She buys jute from a local farmer and makes earrings, running her business called Manavi Natural Handicrafts. Seeing that most women in her village do not work, she hires two women to help her. As her orders increase, she buys more jute and hires three more women. What is the local resource that Bharti used?
a) Jute
b) Water
c) Sand
d) All of the above
Show Answer
a) Jute
Q33. Bharti, a young woman from Bihar, noticed that many girls in her area liked earrings. She buys jute from a local farmer and makes earrings, running her business called Manavi Natural Handicrafts. Seeing that most women in her village do not work, she hires two women to help her. As her orders increase, she buys more jute and hires three more women. Bharti is helping her society by:
a) Creating jobs for local women
b) Buying jute from local farmers
c) Both (a) and (b)
d) None of these
Show Answer
c) Both (a) and (b)
Q34. Entrepreneurs who do not lose hope show:
a) Laziness
b) Persistence
c) Fear
d) Dishonesty
Show Answer
b) Persistence
Q35. As an Entrepreneur, Creativity means:
a) Doing old things, the same way
b) Thinking of new and different ideas
c) Not taking risks
d) Following others blindly
Show Answer
b) Thinking of new and different ideas
Q36. Hardworking entrepreneurs:
a) Work regularly and sincerely
b) Avoid work
c) Wait for others
d) Work only when told
Show Answer
a) Work regularly and sincerely
Q37. Entrepreneurs perform which function?
a) Plan and organize
b) Take risks
c) Manage business operations
d) All of these
Show Answer
d) All of these
Q38. An entrepreneur identifies:
a) Business opportunities
b) Government jobs
c) Salaries
d) Rewards
Show Answer
a) Business opportunities
Class 10 Enterpreneurial Skills MCQ
Q39. The myth “Every business idea must be unique” is:
a) True
b) False
Show Answer
b) False
Q40. Which is true about business capital?
a) A lot of money is always needed
b) Business can start small and grow
c) Only rich people can start business
d) Poor people cannot start business
Show Answer
b) Business can start small and grow
Q41. Sheila was called an entrepreneur because she:
a) Owned a taxi and added new features for customers
b) Worked under someone as taxi driver
c) Working for herself as having own taxi for personal use
d) None of the above
Show Answer
a) Owned a taxi and added new features for customers
Q42. “Entrepreneurs are born, not made” — this is:
a) A true statement
b) A misconception
c) A definition
d) A principle
Show Answer
b) A misconception
Q43. A doctor running their own clinic is an example of:
a) Wage employment
b) Self-employment
c) Government employee
d) Social worker
Show Answer
b) Self-employment
Q44. A doctor working in a hospital is an example of:
a) Self-employment
b) Wage employment
c) Social worker
d) All of the above
Show Answer
b) Wage employment
Q45. A person who becomes an entrepreneur goes through a career process. In this process the first stage is:
a) Grow
b) Enter
c) Survive
d) Retire
Show Answer
b) Enter
Q46. A person who becomes an entrepreneur goes through a career process. In this process the second stage is:
a) Survive
b) Enter
c) Grow
d) Stop
Show Answer
a) Survive
Q47. A person who becomes an entrepreneur goes through a career process. In this process the last stage is:
a) Enter
b) Survive
c) Grow
d) Quit
Show Answer
c) Grow
Q48. Sheila owned a taxi and added newspapers and a TV for her customers. This is an example of:
a) Customer service improvement
b) Extra expenses
c) Avoiding work
d) Increasing business risk
Show Answer
a) Customer service improvement
Q49. Sanjana started a small store and later opened more branches. Which stage of entrepreneurship does this show?
a) Growth stage
b) Entry stage
c) Survival stage
d) Decline stage
Show Answer
a) Growth stage