Business Studies

Entrepreneurship Development

Easy

Functions of Entrepreneurship in relation to economic Development do not include :-

Contribution to GDP

Capital Formation

Generation of Employment

Generation of Business opportunities only for same business

✅ Correct Option: 4

Entrepreneurship contributes to economic development through GDP growth, capital formation and employment generation. It creates business opportunities across various sectors, not limited to the same business, so option 4 is not a function.

2025: 24 May Shift 1

The process of earning profits and increasing wealth while posing characteristics such as risk taking, management, leadership and innovation is called:

2025: 22 May Shift 1

Which of the following is not the basic feature of an entrepreneur?

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: 24 May Shift 1

"Not being afraid of the risks associated with business and relying on one's capabilities to successfully manage these".

Identify the entrepreneurial competency highlighted in the aforesaid statement.

2025: 14 May Shift 2

Identify the internal factor that motivates a person to become an entrepreneur.

2025: 3 June Shift 1

“Eliciting support of others in the venture” indicates which competency of entrepreneurial performance?

Functions of Entrepreneurship in relation to economic Development do not include :-

Solution

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CUET Business Studies Past Year Questions (Topic-Wise)