

Entrepreneurship in India Flashcard
Flashcard
•
Business
•
10th Grade
•
Practice Problem
•
Hard
Wayground Content
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20 questions
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1.
FLASHCARD QUESTION
Front
What role do entrepreneurs play in India's economy?
Back
They contribute to socio-economic development.
2.
FLASHCARD QUESTION
Front
Which of the following is NOT a reason for entrepreneurship's impact on the economy? Production of goods, Career opportunities, Innovation, Creating monopolies
Back
Creating monopolies
3.
FLASHCARD QUESTION
Front
How do entrepreneurs help in the distribution of economic power?
Back
By starting small and growing
4.
FLASHCARD QUESTION
Front
What is one way entrepreneurs create competition?
Back
By creating new products and services
5.
FLASHCARD QUESTION
Front
What is a benefit of innovation by entrepreneurs?
Back
It helps save costs and generate wealth.
6.
FLASHCARD QUESTION
Front
Which organization is known for supporting rural development? Options: National Small Industries Corporation, National Bank for Agriculture and Rural Development, Rural Small Business Development Centre, Small Industries Development Bank of India
Back
National Bank for Agriculture and Rural Development
7.
FLASHCARD QUESTION
Front
What is one of the roles of the government in promoting entrepreneurship?
Back
Providing infrastructure and finance
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