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Question Practice

What is a defining characteristic of the entrepreneurship concept within MSMEs?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Business Studies
Business Studies
MSME and Business Entrepreneurship
Question Bank

What is a defining characteris...

Single Answer MCQ
Q-00064988

What is a defining characteristic of the entrepreneurship concept within MSMEs?

1

It only applies to large corporations.

2

It is solely about making profits.

3

It represents an individual’s initiative to create a business.

4

It disregards market needs.

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Q1.

What does MSME stand for?

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Q2.

Which sector employs the largest number of people in India?

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Q3.

What percentage of India's GDP is contributed by the MSME sector?

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Q4.

Which of the following is NOT a characteristic of MSMEs?

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