Explore topic-wise InterviewSolutions in .

This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.

1.

The person who developed Apollo Group of hospital was ………

Answer»

Dr. Pratap Reddy.

2.

The process of action an entrepreneur undertakes to establish an enterprise is called ……

Answer»

Entrepreneurship.

3.

Explain the importance of an entrepreneur.

Answer»

The role of an entrepreneur is considered very important. 

The importances of entrepreneurs are:

1. Entrepreneurs occupy a central position in the market economy. 

2. They serve as the ‘spark plug’ in the economy’s engine. 

3. They work for the economic progress of a nation and spread its activities world wide. 

4. They employ their own and borrowed resources for setting up their enterprises. 

5. The entrepreneurs energy, creativity and innovation trigger the production and also of new products and services. 

6. It is the only enterpreneurs who take, the risk in search of profit and seek opportunities to earn profit and strive hard to satisfy the needs.

4.

The chairperson of Wipro is ……

Answer»

Azim Premji.

5.

The word entrepreneur has come from the French word ………

Answer»

‘Entreprende’.

6.

At nineteen Ektakapoor ventured into ……….. production.

Answer»

At nineteen Ektakapoor ventured into T.V production.

7.

….. is the founder and chairman of “Jet Airways”.

Answer»

Naresh Goyal.

8.

Allotment of raw materials is provided by district ……

Answer»

industrial centres.

9.

The chairman and managing director of Biocon Ltd. is ………

Answer»

Kiran Mazumdar Shah.

10.

The corner tea shop is an example for self-employed.

Answer»

entrepreneurship.

11.

Reliance Company is started by ………

Answer»

Dhirubhai Ambani.

12.

……. is one of the founders of Infosys Technologies Ltd.

Answer»

Varghese Kurie.

13.

Who is an entrepreneur?

Answer»

Entrepreneur is an innovator of new ideas and business processes. He possesses management skills, building abilities of strong team and essential leadership qualities to manage the business.

14.

Export and Import Bank is an important example for institution.

Answer»

financial  .

15.

……… is an essential requirement to start enterprise.

Answer»

Finance is an essential requirement to start enterprise.

16.

What are the characteristics of an entrepreneur?

Answer»

The characteristics of entre-preneur are:

1. Creativity, 

2. Dynamisfn. 

3. Team building. 

4. Problem solving. 

5. Risk taking. 

6. Commitment. 

7. Innovation. 

8. Leadership. 

9. Achievement of motivation 

10. Goal Orientation. 

11. Decision making.

17.

“Entrepreneurship is a creative activity”. How?

Answer»

Entrepreneurship is a creative activity. It is a process of action of an entrepreneur who undertakes to establish his enterprise. It is a creative activity because it has the ability to create and build something.