Job
Question : Statement 1: Entrepreneurship development leads to job creation and reduced unemployment.
Statement 2: The Pradhan Mantri Rojgar Protsahan Yojana offers incentives to employers to do more household activities.
Option 1: Both statements are true.
Option 2: Statement 1 is true, but statement 2 is false.
Option 3: Statement 2 is true, but statement 1 is false.
Option 4: Both statements are false.
Correct Answer: Statement 1 is true, but statement 2 is false.
Solution : The correct answer is (b) Statement 1 is true, but statement 2 is false.
Statement 1 is true. Entrepreneurship development can lead to job creation and contribute to the reduction of unemployment, as new businesses often generate
Statement 2: The Pradhan Mantri Rojgar Protsahan Yojana offers incentives to employers to promote job creation.
Correct Answer: Both statements are true.
Solution : The correct answer is (a) Both statements are true.
Statement 1 is accurate. Entrepreneurship development can lead to job creation and contribute to the reduction of unemployment.
Statement 2 is also true. The Pradhan Mantri Rojgar Protsahan Yojana is a government scheme
Question : Which of the following is an example of the principle of stability in the management process?
Option 1: A manager constantly changing the organizational structure
Option 2: A manager providing job security to employees
Option 3: A manager regularly changing the job responsibilities of employees
Option 4: A manager promoting employees based on favoritism
Correct Answer: A manager providing job security to employees
Solution : The principle of stability in the management process states that employees should be given job security and stability, which helps to reduce anxiety, increase job satisfaction, and improve productivity.
Hence, Option B is correct.
Question : Select the option that can be used as a one-word substitution for the given group of words.
Any female animal which feeds its young on milk from her own body.
Option 1: Vertebrate
Option 2: Parasite
Option 3: Mammal
Option 4: Fauna
Correct Answer: Mammal
Solution : The correct one-word substitute is the third option.
A mammal is a type of animal characterised by giving birth to live offspring and typically having mammary glands, which allow them to nurse their young with milk. This term encompasses all female animals that fit the
Question : Why is entrepreneurship development important?
Option 1: It promotes economic growth and development
Option 2: It provides job opportunities
Option 3: It fosters innovation and creativity
Option 4: All of the above
Correct Answer: All of the above
Solution : The correct answer is (d) All of the above.
Entrepreneurship development is important for several reasons, and all of the options mentioned are valid and interconnected reasons.
Overall, entrepreneurship development is crucial for economic vitality, job creation, fostering innovation, and promoting social
Question : Statement 1: Slope of demand curve is based on the percentage change in price and quantity.
Statement 2: Due to inverse relationship between price and demand, the demand curve slopes downwards.
Option 2: Both statements are false.
Option 3: Statement 1 is true, and statement 2 is false.
Option 4: Statement 1 is false, and statement 2 is true.
Correct Answer: Statement 1 is false, and statement 2 is true.
Solution : The correct answer is (D) Statement 1 is false, and statement 2 is true.
Statement 1 is false. The slope of a demand curve is not based on the percentage change in price and quantity. Instead, it
Question : Case Study 7: Impact of Entrepreneurship on Employment
Ms. Patel, a successful entrepreneur, founded a chain of boutique hotels in various tourist destinations across the country. Her hotels have not only attracted tourists but also provided job opportunities to the local community.
Question:
Ms. Patel's role as an entrepreneur has contributed to:
Option 1: Decreased tourist attractions
Option 2: Increased pollution in tourist destinations
Option 3: Economic development and employment generation
Option 4: Decline in the hospitality industry
Correct Answer: Economic development and employment generation
Solution : The correct answer is (c) Economic development and employment generation
Ms. Patel's founding of a chain of boutique hotels in various tourist destinations has likely contributed to economic development in those areas. Additionally, by providing job opportunities, her entrepreneurship has contributed
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