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I & E - 19 paper 2024 solved _16a34fef-5d3f-439b-9bd6-d3969a65c1fc

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31 views17 pages

I & E - 19 paper 2024 solved _16a34fef-5d3f-439b-9bd6-d3969a65c1fc

Uploaded by

Shaktiprasad sahu
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Innovation

&
Entrepreneurship

Paper - 2024
Q . 11 Given below are two statements: one is
labelled as ( CMAT – 2024)
Assertion A: Small Business are considered
important to economic development.
Reason R: Small Business can be innovation
of new products and previde specialist
support to large companies.
In light of the above statements, choose the
correct answer from the options given below
A. Both A and R are correct and R is the correct
explanation of A.
B. Both A and R are correct and R is NOT the
correct explanation of A.
C. A is correct but R is incorrect
D. A is incorrect but R is correct.
Q . 12 Given below are two statements: ( CMAT – 2024)
Statement I - An entrepreneur can get a lot
of quality information about the
competitor's from company reports and its
website.
Statement II - First step to avail finance for a
new project is promoter's Biodata.
In the light of the above statements choose
the most appropriate answer from the
options given below:
A. Both Statement I and Statement II are correct
B. Both Statement I and Statement II are
incorrect
C. Statement I is correct but Statement II is
incorrect
D. Statement I is incorrect but Statement II
correct
Q . 13 Match List-I with List-II ( CMAT – 2024)
List-I List-II
(A) Availability of Raw (i) Business Plan
Material, Plant, Machinery
(B) Demand and Customer (ii) Financial Feasibility
Preferences
(C) Profit Projections (iii) Technical Feasibility
(D) Market, Technical, (iv) Market Feasibility
Financial
Choose the correct answer from the option given
below
A. (А)-(III), (B) - (IV), (C) - (I), (D) - (II)
B. (A)-(1), (B)-(II), (C) - (III), (D) - (IV)
C. (A)-(II), (B)-(I), (C) - (IV), (D)-(III)
D. (A)-(III), (B) - (IV), (C) - (II), (D) - (1)
Q . 14 Scaling up of a business requires a firm to
take care of following things: ( CMAT – 2024)
A. Hiring, retaining and motivating qualified
employees
B. Finding investors who share same goals
C. Time management and work assignment
ability
D. Adequate market potential and opportune
time
E. Business idea experiencing

Choose the correct answer from the option


given below

A. (A), (B), (D) and (E)


B. (B), (C) and (D) only
C. (A), (B), (C) and (D) only
D. (C), (D) and (E) only
Q . 15 Which of the following is an example of
Speculative Business Risk? ( CMAT – 2024)
A. A customer is injured while using the product
of the company and sue the company
B. A supplier's shipment is lost in transit
C. A special promotion fails to increase the sales
D. A cashier gives unauthorized discounts to
friends
Q . 16 Which of the following can give an
enterprise dealing in instant coffee a
competitive edge ( CMAT – 2024)

A. Quality, taste and location


B. Population increase in the city
C. Ambience and customer relationships
D. (a) and (c) only
Q . 17 Given below are two statements: ( CMAT – 2024)
Statement I - Yoga and focus on hobbies are good
ways to deal with stress for an entrepreneur.
Statement II - Having stress for an entrepreneur is
welcoming as it helps in better performance and
helps him/her lead a balanced life.
In the light of the above statements choose the
most appropriate answer from the options given
below:

A. Both Statement I and Statement II are correct


B. Both Statement I and Statement II are
incorrect
C. Statement I is correct but Statement II is
incorrect
D. Statement I is incorrect but Statement II is
correct
Q . 18 Social Enterprise Obligation includes:
( CMAT – 2024)
A. Environment
B. Fair Business Practices
C. Community Involvement
D. Energy
E. Share holder's Profit

Choose the correct answer from the option


given below
A. (A), (B), (C) and (E) only
B. (A), (B), (C) and (D) only
C. (B), (C), (D) and (E) only
D. (A), (C), (D) and (E) only
Q . 19 Which of the following is Not a part of EDP?
( CMAT – 2024)
A. Identification of Entrepreneur for training
B. Selection of Entrepreneur for training
C. Developing Entrepreneur capabilities
D. Arranging infrastructural capabilities
Q . 20 Government of India Launched the following
initiatives a few years ago to drive new age
of Ideas and Enterprises ( CMAT – 2024)

A. PLI (Production Linked Incentive)


B. SEZ
C. Technology development Board
D. Start up India
Q . 1 Entrepreneurs helps in the process of
economic development in which of the
following ways?
A. They generate employment
B. Increase per capita income
C. Mobilise investments
D. all of the above
Q . 2 Which of the following statements is/are not
true about the entrepreneurs?
A. They encourage innovation
B. Improves standard of living regional
disparities
C. Increases regional disparities
D. leads to self sufficiency
Q . 3 Entrepreneurs bring innovation in which of
the following ways?
A. by reducing the cost of production or cost
effective
B. by increasing the demand for certain
products
C. both (A) and (B)
D. neither (A) nor (B)
Q . 4 As per the process of stage
entrepreneurship theory, the last stage is
A. simulation
B. expansion
C. feedback
D. publicity
Q . 5 Which of the following are the models of
entrepreneurship?
A. social entrepreneurship
B. large entrepreneurship
C. small entrepreneurship
D. all of the above

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