10 Questions
What is entrepreneurship?
Entrepreneurship is the creation or extraction of economic value in ways that generally entail beyond the minimal amount of risk, potentially involving values besides simply economic ones.
Who is an entrepreneur?
An entrepreneur is an individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards.
How is the process of setting up a business known?
The process of setting up a business is known as 'entrepreneurship'.
How is entrepreneurship defined according to Business Dictionary?
Business Dictionary defines entrepreneurship as the 'capacity and willingness to develop, organize and manage a business venture along with any of its risks to make a profit.'
What are some reasons for startups to close, according to the text?
Startups may have to close due to lack of funding, bad business decisions, government policies, an economic crisis, a lack of market demand, or a combination of all of these.
When was the Ministry of Small Scale Industries and Agro and Rural Industries created?
October 1999
What was the rise in plan amount spent on the khadi sector from 1994–95 to 2014–2015?
₹14540 million
Who is the current Minister of Micro, Small and Medium Enterprises in India?
Narayan Rane
What was the interest subsidies to khadi institutions in 1994–95?
₹96.3 million
Which public sector undertaking was under the control of the Ministry of Small Scale Industries and Agro and Rural Industries?
National Small Industries Corporation Limited
Test your knowledge of entrepreneurship with this insightful quiz. Explore the key concepts, skills, and traits associated with entrepreneurship while learning about the process of setting up and running a business.
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