Question : Statement 1:The entrepreneurs are born rather than made. Statement 2: Entrepreneurship is systematic step by step and purposeful activity.
Option 1: Both are true
Option 2: Both 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 : It is a myth that entrepreneurs are born rather than made. Entrepreneurship is systematic step by step and purposeful activity.
Hence, option D is correct.
Question : Statement 1: Richard defined entrepreneur as the agent who buys means of production at certain prices in order to sell the produce at uncertain prices in the future. Statement 2: Entrepreneurship is a systematic, purposeful activity of identifying a need.
Question : Statement 1: Entrepreneurship development programs provide aspiring entrepreneurs with training, mentoring, and access to financial resources.
Statement 2: The Stand Up India scheme aims to promote entrepreneurship among women and SC/ST entrepreneurs.
Statement 2: The Stand Up India scheme aims to promote entrepreneurship among SC/ST entrepreneurs only.
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