CBSE Academic Class XII Entrepreneurship Sample Question Paper 2021-22

Name of the Board : Central Board of Secondary Education (CBSE)
Class : XII STD
Document Type : Sample Question Paper
Subject : Entrepreneurship
Term : 1 and 2
Year : 2021-22
Website : https://cbseacademic.nic.in/SQP_CLASSXII_2021-22.html

CBSE XII Entrepreneurship Question Paper

CBSE Students can download the Entrepreneurship Sample Question Paper Term 1 and 2 for the year 2021-22 from the website of CBSE Academic.

Sample Question Paper For CBSE XII Entrepreneurship

Section-A :
1 “One-man control is best in the world if that man is big enough to manage everything.” This statement holds true for ____________ form of business organization.
a. Private company
b. Sole proprietor
c. Partnership
d. Public company

2 Partnership form of organisation was developed due to the inherent limitations of sole proprietorship. One of them is limited capital, identify the other two?
a. Limited managerial ability, limited continuity
b. Limited continuity, unlimited liability
c. Limited managerial ability, unlimited liability
d. Lack of secrecy, limited continuity

3 _______________ section of the business plan generally begins with the “mission statement” by the entrepreneur describing the size, scope and nature of the enterprise.
a. Description of business Venture
b. Introductory profile
c. Industry profile
d. Entrepreneur’s biodata

4 A Company is called an artificial person because ____.
a. it does not have the shape of a natural person.
b. it cannot be sued in the court of law.
c. it is invisible and intangible.
d. it exists in the eyes of law.

5 Which of the following factors does the macro-environment not include?
a. Political and regulatory factors.
b. Customer needs in a given market.
c. Social and demographic factors.
d. Technological changes

6 Which of the following formats of business plan is not targeted towards the external stakeholder?
a. Elevator pitch
b. A pitch deck with oral narrative
c. A written presentation for external stakeholders
d. An internal operational plan

7 What is the minimum number of members required to start a public company?
a. 2
b. 5
c. 7
d. 50

8 A company generally affixes a ………….in most of it’s documents
a. Common signature
b. Common Seal
c. Common affixture
d. Common annexure

9 An idea should eventually lead to success of the venture of an entrepreneur. Which among the following ideas will an entrepreneur have to select?
a. Basic idea
b. Any random idea
c. Idea developed before environmental scanning
d. Idea developed after environmental scanning

10 (i) Each partner is liable for acts performed by other partners (ii) Each partner can bind other partners and the firm by his acts done in the ordinary course of business. Which feature of partnership is highlighted by these two statements?
a. Implied authority
b. Utmost good faith
c. Mutual Agency
d. Agreement

11 Nelson started an AC repair shop in his area after doing a diploma course. What idea field is it?
a. Market driven
b. Trading related
c. Service related
d. Creative efforts

12 Karan has learnt the art of zardozi work from his grandfather and father. He opened a designer boutique exclusively for bridal wear all by himself. He introduced new designs in his work which is highly appreciated by everyone. What form of business organisation is operated by him?
a. Sole proprietorship
b. Partnership
c. Private company
d. Public company

13 Identify the third element in the innovation process from the given options.
a. Resource organisation
b. Commercial application
c. Implementation
d. Analytical planning

14 As per law, a business and owner are one and same in case of sole proprietorship. What characteristic does this imply?
a. No separate legal entity
b. Separate legal entity
c. Legal entity
d. Legal equity

15 What is the minimum paid up capital required to start a private ltd. Company?
a. Rs.1,00,000
b. Rs.10,00,000
c. Rs.5,00,000
d. Rs.50,00,000

16 Which is the first stage in the process of innovation?
a. Idea germination
b. Creativity
c. Preparation
d. Incubation

17 What is the basic test of a successful entrepreneur?
a. Identification of business opportunity
b. Identification of a problem
c. Identification of target market
d. Identification of ways to earn profit

18 ………………. component of a financial plan helps to ascertain the highest possible returns on investment.
a. Proforma investment decision
b. Proforma income statement
c. Proforma cash flow
d. Proforma balance sheet

19 Identify the third stage in Opportunity Project Interface.
a. Scanning of environment
b. Spotting of opportunity
c. Starting a project
d. Identification of product/service

20 Which form of business organisation can commence business immediately after incorporation?
a. Public company
b. Private company
c. Partnership
d. Sole proprietorship

Download CBSE XII Entrepreneurship Question Paper

Download CBSE XII Entrepreneurship Term 1 Question Paper Here :
https://www.pdfquestion.in/uploads/pdf2022/40415-Term1.pdf
Download CBSE XII Entrepreneurship Term 2 Question Paper Here :
https://www.pdfquestion.in/uploads/pdf2022/40415-Term2.pdf