Business Studies

Entrepreneurship Development

Medium

Identify which one is not a step in the process of setting up a Business?

Assessment of feasibility of the idea

Reference and Background checks

Project commissioning and launch

Appraisal by funding agencies

✅ Correct Option: 2

Steps in setting up a business include feasibility assessment, preparing a business plan, appraisal by funding agencies, and project commissioning and launch. Reference and Background checks belong to the Selection stage under Staffing, not to setting up a business.

2025: 27 May Shift 2

Match List-I with List-II

List-I	List-II
Entrepreneurial Motivation	Explanation
---	---
(A) Need for Affiliation(N-Aff.)	(I) It is a desire for independence and being responsible and accountable to oneself
(B) Need for Achievement (N-Ach.)	(II) It is concerned about influencing people or the behavior of others for moving in thechosen direction.
(C) Need for Autonomy(N-Aut.)	(III) Desire to carry on the tradition of business in the family and the community towhich one belongs.
(D) Need for Power(N-Pow)	(IV) It implies a desire to accomplish something difficult.

Choose the correct answer from the options given below:

2024

Qualities of successful entrepreneur do not include:

2023: 22 June Shift 1

What are the aspects of feasibility analysis under Entrepreneurship Development ?

A. Technical Aspect

B. Economic Aspect

C. Financial Aspect

D. Commercial Aspect

E. Political Aspect

Choose the correct answer from the options given below :

2025: 26 May Shift 2

_______ may be described as an attractive economic idea which could be implemented to create a business, earn profits and ensure further growth.

2025: 3 June Shift 2

"Entrepreneurship is not a mysterious gift or charm and something that happens by chance! It is step by step and a purposeful activity". Identify the characteristic of entrepreneurship highlighted in the aforesaid statement.

2022: 17 Aug Shift 1

Which of the following is not the characteristics of Entrepreneurship?

Identify which one is not a step in the process of setting up a Business?

Solution

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CUET Business Studies Past Year Questions (Topic-Wise)