Class 10 Artificial Intelligence
Entrepreneurial Skills-II
17 Class 10 Artificial Intelligence questions on Entrepreneurial Skills-II from the CBSE board papers 2022–2026, each with its answer and a step-by-step solution.
Questions
- Q1 CBSE 2026A misconception about an entrepreneur is : Entrepreneurs are ___________, not __________.Step-by-step solution →
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born, made. The misconception is: Entrepreneurs are born, not made. - Q2 CBSE 2026Seema bakes cakes. Her customer comes to her bakery and starts shouting at her for late delivery. She does not get angry and listens to her customer. She is __________.
- (a)hard worker
- (b)confident
- (c)fearful
- (d)patient
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(d) patient - Q3 CBSE 2026Write any two misconceptions about entrepreneurship.Step-by-step solution →
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Two misconceptions are that every business idea must be unique and that a lot of money is needed to start a business.
Two misconceptions are that every business idea must be unique, and that a lot of money is needed to start a business. Both are false. - Q4 CBSE 2026State the qualities to become a successful entrepreneur.Step-by-step solution →
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A successful entrepreneur is confident, creative, patient, hard working and responsible, takes calculated risks and does not give up.
A successful entrepreneur is confident, creative, patient, hard working and responsible, takes calculated risks, keeps trying new ideas, solves problems, decides well and does not give up. - Q5 CBSE 2025Which of the following is a common misconception about entrepreneurship ?
- (a)Entrepreneurs are not always successful on their first attempt.
- (b)Its not required to have extensive industry experience to become entrepreneurs.
- (c)Starting a business requires a large amount of initial capital.
- (d)Entrepreneurs may need to collaborate with others.
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(c) Starting a business requires a large amount of initial capital. - Q6 CBSE 2025Reema has started her own restaurant. She keeps on trying new ideas to make different dishes for her customers. As an entrepreneur, Reema is :
- (a)Impatient
- (b)Creative
- (c)Under-confident
- (d)Lazy
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(b) Creative - Q7 CBSE 2025Write any two tasks that entrepreneurs do when they run their business.Step-by-step solution →
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Two tasks are decision making and managing the business by organising money, materials and employees.
Two tasks are: Decision making, where the entrepreneur takes every key business decision; and managing the business, organising money, materials and employees so the work runs smoothly. - Q8 CBSE 2025Differentiate between wage employed people and self-employed people.Step-by-step solution →
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Wage employed people work for others and are paid for it; self-employed people run their own business and earn from profit.
Wage employed people work for a person or an organization and are paid for that work. Self-employed people start their own businesses to satisfy people's needs, earning from profit. - Q9 CBSE 2024Which of the following is a quality of successful entrepreneurs ?
- (a)Hard working
- (b)Resistance to change
- (c)Lazy
- (d)Less-confident
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(a) Hard working - Q10 CBSE 2024List any two common misconceptions about entrepreneurship.Step-by-step solution →
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Two common misconceptions are that every business idea must be unique or special and that a business needs a lot of money to start.
Two common misconceptions are that every business idea needs to be unique or special, and that a business needs a lot of money to be started. - Q11 CBSE 2023Which of the following is not a task of an entrepreneur ?
- (a)Sharing of wealth
- (b)Preferably using foreign materials
- (c)Fulfilling customer needs
- (d)Helping society
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(b) Preferably using foreign materials - Q12 CBSE 2023Which of the following is a function of an entrepreneur ?
- (a)Following the traditional method of business
- (b)Innovation
- (c)Keeping all the profit to himself/herself
- (d)Avoid taking decisions
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(b) Innovation - Q13 CBSE 2023Give any two key roles performed by an entrepreneur.Step-by-step solution →
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Two key roles are taking the initiative and organising the business, and bearing the risk of loss.
Two key roles are taking the initiative and organising the business - spotting an opportunity and bringing together the money, people and material to act on it - and bearing the risk, investing without any guarantee of profit and accepting the loss if the venture fails. - Q14 CBSE 2023Define the term agricultural entrepreneurship. How are farmers benefitted from it ?Step-by-step solution →
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It is running agriculture as a business for profit; farmers gain higher income, direct market access and year-round earnings.
Agricultural entrepreneurship means running agriculture as a business: producing, processing, packaging and marketing farm goods for profit, using improved methods. Farmers gain a higher income, because processed produce sells for more; they reach the market directly instead of through middlemen; and they earn through the year rather than at one harvest. - Q15 CBSE 2022What is wage employment ?Step-by-step solution →
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Wage employment is working for a person or an organisation and being paid regularly for it.
Wage employment means working for a person or an organisation and getting paid a wage or salary regularly for that work. - Q16 CBSE 2022“To get success, every business idea needs to be unique or special.” Is the above statement a myth or fact ?Step-by-step solution →
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The statement is a myth, because many businesses succeed by doing an ordinary thing well.
It is a myth. A business idea need not be unique or special; many businesses succeed by doing an ordinary thing well. - Q17 CBSE 2022Write any four common functions of an entrepreneur.Step-by-step solution →
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An entrepreneur makes decisions, manages the business, divides the income and takes the risk of loss.
Four functions of an entrepreneur are making decisions (what, how much and where to sell), managing the business, dividing the income among workers, lenders and suppliers, and taking the risk of loss.