Entrepreneurship Skills Class 12 Questions and Answer

Unit 4: Entrepreneurship Skills

Session 1:  Entrepreneurship and Entrepreneur


Multiple choice questions.

1. Salman tries new ideas as a tailor in a garment factory. Salman is a/an ______________.

(a) entrepreneur

(b) wage employed person

(c) labourer

(d) unskilled worker

Answer: (b) wage employed person


2. Prashant works for Surabhi, who is a businesswoman. Prashant is an ___________________.

(a) entrepreneur

(b) wage employed person

(c) skilled worker

(d) businessman

Answer: (b) wage employed person


3. Ridhi owns a construction company and takes risky decisions in her work everyday. Ridhi is an ___________ .

(a) entrepreneur

(b) wage employed person

Answer: (a) entrepreneur


Short answer question

1. Name an entrepreneur you admire and what do you admire about the person.

Answer: I admire Elon Musk for his innovative thinking and determination. His bold vision for the future, commitment to tackling big challenges like space exploration and sustainable energy, and relentless pursuit of groundbreaking technologies inspire me.

Entrepreneurship Skills Class 12 Questions and Answer

Session 2:  Barriers to Entrepreneurship

Match the situations in the columns to the meaning of the word.

Situations Word

(a) Gauri has started a fashion designing store, where she sells clothes.     (i) Barrier

(b) Akshay wants to start more classes in his school but is finding it difficult to hire teachers. (ii) Risk

(c) Shubham has a business of selling groceries. He wants to open a store that

sells everything from clothes to shoes to bags, along with groceries.  (iii) Venture






Multiple choice questions

1. Mary believes that she will not have the ability to work with a team when she starts her business.

The barrier she is facing is _____________________.

(a) getting capital

(b) self-doubt

(c) risk taking

Answer: (b) self-doubt


2. Sayed knows what business he wants to do but does not know what steps he has to take to get it running.

The barrier stopping him is _____________________.

(a) building the right team

(b) lack of plan

(c) risk taking

Answer: (b) lack of plan


3. Harish has a rug business in India. He wants to start exporting rugs to Canada but does not know if they would sell there. The barrier he is facing is _____________.

(a) self-doubt

(b) lack of plan

(c) selecting the right business idea

(d) None of Above

Answer: (a) self-doubt


Entrepreneurship Skills Class 12 Questions and Answer

Session 3 : Entrepreneurial Attitudes

Multiple choice questions

1. The ability to continue to do something, even when it is difficult is called _________________.

(a) initiative

(b) organisational skills

(c) perseverance

Answer: (c) perseverance


2. The ability to act in a situation before others do is ______________.

(a) interpersonal skills

(b) initiative

(c) perseverance

Answer: (b) initiative


3. The ability to work with others is ______________.

(a) organisational skills

(b) interpersonal skills

(c) initiative

Answer: (b) interpersonal skills


Short answer questions

1. What do you understand by attitude?

Answer: Attitude refers to a person’s outlook or perspective towards situations, people, or events. It encompasses their feelings, beliefs, and behaviors, influencing how they approach and respond to various circumstances in life.


2. What do you understand by interpersonal skills? Share an example where you displayed interpersonal skills

Answer: Interpersonal skills are how we talk and work with others. For instance, when I helped my friends solve a problem by listening, understanding how they felt, and finding a solution we all liked, I used my interpersonal skills.

Entrepreneurship Skills Class 12 Questions and Answer

Session 4: Entrepreneurial Competencies

1. After taking your entrepreneurial report, you know what you are good at and what can be improved upon. How do you think you can improve? Write down three steps that you shall take.

Answer: To improve after an entrepreneurial report:

Focus on Strengths: Build on what I’m already good at by practicing and refining those skills regularly.

Work on Weaknesses: Identify areas needing improvement and seek out resources like online courses or mentors to develop those skills.

Seek Feedback: Regularly ask for feedback from peers, mentors, and customers to continuously improve and adapt.

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