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Worksheets

Startup Smart 2025

Total questions: 50

Worksheet time: 25mins

Name
Class
Date
1.

Who is known as the ‘Father of Indian Entrepreneurship’?

a)

Dhirubhai Ambani

b)

J.R.D. Tata

c)

Narayana Murthy

d)

Ratan Tata

2.

Which of the following best defines an entrepreneur?

a)

A person who manages an organization

b)

A person who takes financial risks for business ventures

c)

A person who follows traditional business methods

d)

A government official promoting startups

3.

Which of the following is NOT a characteristic of an entrepreneur?

a)

Risk-taking

b)

Innovation

c)

Dependency on a fixed salary

d)

Leadership

4.

Which sector has the highest number of startups in India?

a)

Agriculture

b)

IT and Software

c)

Manufacturing

d)

Pharmaceuticals

5.

The term “Startup” in India applies to businesses that are not older than how many years?

a)

2 years

b)

5 years

c)

7 years

d)

10 years

6.

Which government initiative supports Indian startups?

a)

Make in India

b)

Skill India

c)

Digital India

d)

Startup India

7.

Which Indian city is known as the “Startup Capital of India”?

a)

Mumbai

b)

Hyderabad

c)

Bengaluru

d)

Chennai

8.

Which of the following is NOT a funding option for startups?

a)

Angel Investment

b)

Venture Capital

c)

Initial Public Offering

d)

Tax Deduction

9.

Who is an Angel Investor?

a)

A government official providing funds

b)

A high-net-worth individual investing in early-stage startups

c)

A bank providing business loans

d)

A company that buys another company

10.

Which Indian government body supports innovation and entrepreneurship?

a)

FICCI

b)

NITI Aayog

c)

SEBI

d)

RBI

11.

Which of the following is required to register a startup in India?

a)

GST Registration

b)

Patent Certificate

c)

Foreign Investment Approval

d)

Income Tax Exemption

12.

What is the role of SEBI in startups?

a)

Regulating mutual funds

b)

Approving company audits

c)

Controlling IPOs and investments

d)

Providing tax exemptions

13.

Which act governs startups in India?

a)

The Startup Act 2016

b)

Companies Act 2013

c)

MSME Act 2006

d)

SEBI Act 1992

14.

A business model where startups seek funding from multiple individuals is called:

a)

Angel Investment

b)

Venture Capital

c)

Crowdfunding

d)

IPO

15.

What is the minimum turnover required for a company to be considered a startup in India?

a)

Less than ₹100 crore

b)

Less than ₹50 crore

c)

Less than ₹25 crore

d)

Less than ₹5 crore

16.

Who founded Paytm?

a)

Kunal Bahl

b)

Vijay Shekhar Sharma

c)

Bhavish Aggarwal

d)

Nandan Nilekani

17.

Which Indian startup became the first unicorn (valued at $1 billion)?

a)

Ola

b)

Flipkart

c)

Zomato

d)

InMobi

18.

Which startup is India’s largest e-commerce platform?

a)

Amazon India

b)

Flipkart

c)

Myntra

d)

Paytm Mall

19.

Who co-founded Zomato?

a)

Deepinder Goyal & Pankaj Chaddah

b)

Nikhil Kamath & Bhavish Aggarwal

c)

Ritesh Agarwal & Binny Bansal

d)

Sanjeev Bikhchandani & Sachin Bansal

20.

Which Indian startup pioneered budget hotel aggregators?

a)

Treebo Hotels

b)

OYO Rooms

c)

FabHotels

d)

StayZilla

21.

Which of the following is NOT an example of a Unicorn startup?

a)

Swiggy

b)

Byju’s

c)

LIC

d)

Zerodha

22.

Which is the most valuable startup in India as of 2024?

a)

Flipkart

b)

BYJU’S

c)

Paytm

d)

Dream11

23.

The term ‘bootstrapping’ in startups refers to:

a)

Raising funds from venture capitalists

b)

Self-funding a business

c)

Merging with another company

d)

Seeking government grants

24.

Which Indian state has the highest number of startups?

a)

Maharashtra

b)

Karnataka

c)

Tamil Nadu

d)

Gujarat

25.

What is the full form of DPIIT in Startup India registration?

a)

Department for Promotion of Internal Trade

b)

Department for Promotion of Industry and Internal Trade

c)

Development for Private Investment and Internal Trade

d)

Directorate for Private Industrial Trade

26.

Which funding stage involves startups raising capital from investors for the first time?

a)

Series A

b)

Series B

c)

Seed Funding

d)

IPO

27.

Which organization regulates foreign investments in Indian startups?

a)

SEBI

b)

RBI

c)

NITI Aayog

d)

FICCI

28.

What does ‘IPO’ stand for in startup financing?

a)

Initial Public Order

b)

International Private Offering

c)

Initial Public Offering

d)

Investment Portfolio Offering

29.

Which of the following is an Indian venture capital firm?

a)

Sequoia Capital

b)

Y Combinator

c)

SoftBank

d)

Accel Partners

30.

Which government scheme provides collateral-free loans to startups in India?

a)

Pradhan Mantri Mudra Yojana (PMMY)

b)

Stand-Up India

c)

Startup India Seed Fund

d)

MSME Samarth Yojana

31.

Which organization is responsible for Startup India certification?

a)

NASSCOM

b)

DPIIT

c)

RBI

d)

Ministry of MSME

32.

A startup registered under Startup India can avail tax exemption for how many years?

a)

2 years

b)

3 years

c)

5 years

d)

7 years

33.

Which type of company structure is most common for startups in India?

a)

Sole Proprietorship

b)

Partnership Firm

c)

Private Limited Company

d)

Public Limited Company

34.

Which Indian government initiative promotes women entrepreneurs?

a)

Mahila Udyam Nidhi Scheme

b)

Startup Women India

c)

Women Empowerment Fund

d)

MSME Growth Fund

35.

Which type of startup funding involves borrowing money that must be repaid with interest?

a)

Equity Financing

b)

Venture Capital

c)

Debt Financing

d)

Bootstrapping

36.

What is a ‘pivot’ in a startup context?

a)

A sudden investment boost

b)

Changing the business model to adapt to market needs

c)

Expanding internationally

d)

Merging with another startup

37.

The Lean Startup methodology was introduced by:

a)

Steve Jobs

b)

Eric Ries

c)

Peter Thiel

d)

Elon Musk

38.

Which of the following is NOT a part of the Business Model Canvas?

a)

Key Partnerships

b)

Value Proposition

c)

Stock Market Listing

d)

Customer Segments

39.

What is an MVP in a startup context?

a)

Most Valuable Product

b)

Minimum Viable Product

c)

Market Value Proposition

d)

Marginal Venture Process

40.

Which strategy helps startups scale quickly using limited resources?

a)

Growth Hacking

b)

Traditional Marketing

c)

Corporate Mergers

d)

Price Wars

41.

Which Indian startup is the first to go public on NASDAQ?

a)

Zomato

b)

Flipkart

c)

Freshworks

d)

BYJU’S

42.

Nykaa, an Indian beauty & fashion startup, was founded by:

a)

Kiran Mazumdar-Shaw

b)

Falguni Nayar

c)

Vineeta Singh

d)

Radhika Gupta

43.

Which startup is known as India’s first fintech unicorn?

a)

Razorpay

b)

PhonePe

c)

Paytm

d)

PolicyBazaar

44.

Which company acquired Flipkart in 2018?

a)

Amazon

b)

Tata Group

c)

Walmart

d)

Google

45.

Who founded Zerodha, India’s leading discount brokerage platform?

a)

Kunal Shah

b)

Nikhil Kamath & Nithin Kamath

c)

Bhavish Aggarwal

d)

Sanjeev Bikhchandani

46.

Which of the following technologies is widely used in Indian fintech startups?

a)

Blockchain

b)

Augmented Reality

c)

Biotechnology

d)

Robotics

47.

The startup ‘CRED’ was founded by:

a)

Kunal Shah

b)

Bhavish Aggarwal

c)

Vijay Shekhar Sharma

d)

Deep Kalra

48.

Which of the following is an Indian Agritech startup?

a)

Meesho

b)

DeHaat

c)

UrbanClap

d)

Ola Electric

49.

Which Indian startup focuses on AI-based conversational messaging?

a)

Niki.ai

b)

Udaan

c)

Dream11

d)

Zolve

50.

Which of the following Indian startups is focused on electric mobility?

a)

Bounce

b)

Ather Energy

c)

Pharmeasy

d)

Zomato