Attempt ANY
[14 marks]What are the key differences between a traditional entrepreneur and a social entrepreneur?
[ marks]Explain the significance of entrepreneurial mindset in the success of a startup.
[ marks]Differentiate between entrepreneurial environment and business climate with suitable examples.
[ marks]Discuss two major types of entrepreneurial competencies with examples.
[ marks]Why is motivation important for entrepreneurs? Illustrate with a real-life example.
[ marks]List any four reasons why business plans fail and briefly explain any two.
[ marks]What is the strategic role of clusters in promoting MSMEs?
[ marks]Mention two phases of the project life cycle and explain their importance.
[ marks]Multiple Choice Questions ( All Compulsory ) (1) Which of the following is NOT a characteristic of an entrepreneur? A. Risk-taking B. Innovation C. Dependence D. Leadership (2) Which of these models emphasizes entrepreneurial behavior as a response to motivation? A. BMC Model B. McClelland’s Achievement Motivation Model C. SWOT Model D. Porter’s Five Forces Page 1 of (3) Which type of entrepreneur brings a family business into new markets or technologies? A. Innovating Entrepreneur B. Intrapreneur C. Drone Entrepreneur D. Second-generation Entrepreneur (4) What is the full form of MSME? A. Medium and Small Manufacturing Enterprise B. Ministry of Small and Medium Enterprise C. Micro, Small and Medium Enterprises D. Minor Sector and Medium Enterprises (5) Which of the following is NOT part of a Business Model Canvas (BMC)? A. Key Partnerships B. Value Proposition C. Annual Budget D. Customer Segments (6) Which scheme is launched by the Indian Government to promote startups? A. Digital Bharat B. Startup India C. MSME India D. Make in India (7) Which of these is a key challenge for family-run businesses? A. Innovation B. Succession Planning C. Government Licensing D. Technical Skills (8) Business Opportunity Identification does NOT involve: A. Market Need B. Legal Structure C. Timing D. Feasibility (9) Which phase comes first in a typical project life cycle? A. Execution B. Planning C. Initiation D. Closure Page 2 of (10) Which of the following institutions primarily supports MSMEs at the central level? A. NABARD B. SIDBI C. IRDAI D. TRAI (11) Which one is a reason for failure of business plans? A. Clear Vision B. Lack of Research C. Market Strategy D. Sound Financials (12) Entrepreneurship training is least likely to include: A. Communication Skills B. Product Development C. Legal Drafting D. Technical Drawing (13) What is the core purpose of a business plan? A. Legal Compliance B. Attract Investors C. Employee Hiring D. Customer Loyalty (14) Clusters help MSMEs by: A. Creating legal structures B. Sharing resources and knowledge C. Promoting MNCs D. Avoiding regulations
Critically evaluate the role of entrepreneurship development programs (EDPs) in India.
[7 marks]Develop a business plan for a skill-based training venture aimed at rural youth.
[7 marks]Explain the importance of entrepreneurial competencies in opportunity identification.
[7 marks]Prepare a business plan for a mobile-based grocery delivery startup in tier-2 cities.
[7 marks]Analyze the challenges and succession issues faced in family-owned businesses
[7 marks]Discuss how a second-generation entrepreneur can bring innovation to a traditional family business.
[7 marks]Page 3 of
[4 marks]Discuss the government schemes available to support MSMEs at the state level.
[7 marks]Evaluate the success and shortcomings of 'Startup India' initiative with real examples.
[7 marks]Assess different models for identifying business opportunities in a competitive market.
[7 marks]Design and present a Business Model Canvas for a tech-enabled MSME that offers logistics services.
[7 marks]Compare the phases of project life cycle with examples from a tech startup.
[7 marks]Prepare a BMC for a platform connecting local artisans to global markets. Page 4 of
[4 marks]