| Board | CBSE |
| Textbook | NCERT |
| Class | Class 12 |
| Subject | Entrepreneurship |
| Chapter | CUET Entrepreneurship-Chapter-Entrepreneurial Discipline and Social Responsibility |
| Chapter Name | Entrepreneurial Discipline and Social Responsibili |
| Category | CUET (Common University Entrance Test) UG |
Important MCQ Questions on CUET Entrepreneurship-Chapter-Entrepreneurial Discipline and Social Responsibility with Detailed explanation
HT having an expert teacher prepared the most important MCQ Questions on CUET Entrepreneurship-Chapter-Entrepreneurial Discipline and Social Responsibility with Detailed explanations. All the concepts of Entrepreneurship in the syllabus of CUET are covered with coverage of the entire syllabus. This page is prepared for Entrepreneurship-Chapter-Entrepreneurial Discipline and Social Responsibility and covers all important topics of the competitive exam CUET for domain subject test. Check out MCQ Based questions for CUET Entrepreneurship uploaded by the HT experts.
MCQ Questions for CUET Entrepreneurship-Chapter-Entrepreneurial Discipline and Social Responsibility Set-1
Entrepreneurship - MCQ on Entrepreneurial Discipline and Social Responsibility
Class XII
Q.1. Entrepreneurship is considered as a carrier of …………………………….
(a) Inputs
(b) Social service
(c) Progress and prosperity
(d) Society and environment
answer:
(c)
Entrepreneurship is considered as a carrier of progress and prosperity.
Q.2. What is main objective of entrepreneurial discipline?
(a) Prevent greed
(b) Punctuality in the office
(c) Having good relation with the fellow entrepreneurs
(d) Lectures, discussions and interactions
answer:
(a)
The social responsibility emerging out of entrepreneurial discipline prevents greed in its various forms and socially undesirable activities.
Q.3. What should be the basis of competition?
(a) Not to engage in any competition.
(b) Self growth/improvement
(c) Pulling others down
(d) Causing damage
answer:
(b)
One-way of competing with others may be by cutting others short or causing damage. Another way may be by increasing efficiency. Entrepreneurial discipline always advocates the latter option.
Q.4. Social responsibility implies:
(a) Economic obligation.
(b) Social obligation.
(c) Voluntary efforts.
(d) Increased efficiency.
answer:
(c)
Social responsibility relates to the voluntary efforts on the part of entrepreneur to contribute to the social well being.
Q.5. Which one is the unique feature of entrepreneurship?
(a) To serve the society
(b) To earn wages and salaries
(c) To generate surplus
(d) To care the ecology and environment.
answer:
(c)
Unique feature of entrepreneurship is to generate surplus
Q.6. Which one is not the cause of inefficient techniques of production?
(a) Wastage of resources
(b) Increase in cost
(c) Increase in pollution
(d) Increase in production
answer:
(d)
Inefficient techniques of production may result in wastage of resources leading to increase in cost. It may also cause increase in pollution.
Q.7. Which of the following statement is true.
(a) Wealth power cannot cause social injury.
(b) Production process in most cases does not cause pollution.
(c) Social responsibility is a burden on business in the long run.
(d) In the long run entrepreneur gains by performing social responsibilities.
answer:
(d)
In the long run entrepreneur gains by performing social responsibilities.
Q.8. Which of the following may cause social injury?
(a) Contract commitment
(b) Credit credibility
(c) Healthy competition
(d) Entrepreneurial indiscipline
answer:
(d)
Entrepreneurial indiscipline may cause social injury.
Q.9. Which of the following relates to Care to ecology and environment?
(a) Employ child labour
(b) Noise, smoke or affluent
(c) Make differential rate of payment to male and female workers
(d) Non-supply of necessary tools
answer:
(b)
Noise, smoke or affluent are related to Care to ecology and environment
Q.10. Concern for workers relates to………………………..
(a) Hoarding, black marketing and exploitative pricing
(b) Noise smoke or affluent
(c) Forcing workmen to work beyond working hours without extra payment
(d) Complete customer satisfaction
answer:
(c)
Forcing workmen to work beyond working hours without extra payment
Q.11. Society offers resources to the entrepreneur in the form of
(a) Development concern
(b) Help
(c) Enterprise
(d) Facilities, manpower and markets
answer:
(d)
Society offers resources to the entrepreneur in the form of Facilities, manpower and markets
Q.12. Community concern includes………………………….
(a) Black marketing and exploitative pricing
(b) Non-payment of promised wages
(c) Causing others damage
(d) Lectures, discussions and interactions
answer:
(a)
Black marketing and exploitative pricing causes harm to the society.
Q.13. Which of the following relates to Credit credibility?
(a) Adherence to repayment schedules is the prime responsibility of entrepreneurs.
(b) Improving efficiency, product’s quality and design.
(c) Lectures, discussions and interactions.
(d) Legal responsibility.
answer:
(a)
It is the part of credit credibility.
Q.14. Meeting statutory obligation relates to…………………..
(a) Increasing efficiency
(b) Adherence to repayment schedules
(c) Lectures, discussions and interactions
(d) Legal requirements
answer:
(d)
Meeting statutory obligation is related to legal requirements
Q.15. Which of the following is the method of entrepreneurial discipline?
(a) Lectures, discussions and interactions with existing entrepreneurs
(b) Capital input
(c) Raw materials
(d) Work force for producing goods and services
answer:
(a)
Lectures, discussions and interactions with existing entrepreneurs is the method of spreading entrepreneurial discipline.
MCQ Questions for CUET Entrepreneurship-Chapter-Entrepreneurial Discipline and Social Responsibility Set-2
Q.16. Select the true statement.
(a) It is the responsibility of the entrepreneurs to take care of pollution.
(b) Entrepreneurs should give differential wages to male and female workers.
(c) Entrepreneur can compete with others by cutting them short.
(d) Self-disciplined entrepreneur is likely to cause social injury.
answer:
(a)
It is the responsibility of the entrepreneurs to take care of pollution.
Q.17. Pick the odd one out.
(a) Contract commitment.
(b) Credit credibility.
(c) Healthy competition
(d) Lectures, discussions and interactions
answer:
(d)
First three are the social responsibilities of an entrepreneur while fourth is the useful method of inculcating entrepreneurial discipline.
Q.18. Development concern does not include development of…………………………………
(a) Community
(b) Nation
(c) Technology
(d) creditor
answer:
(d)
Development concern includes development of community, nation and technology.
Q.19. Which of the following serve as useful method of inculcating entrepreneurial discipline.
(a) Community
(b) Case studies from national news
(c) Contract commitment.
(d) emplyees
answer:
(b)
All the three serve as a useful method of inculcating entrepreneurial discipline.
Q.20. Responsibility towards customers include………………………
(a) Pollution free
(b) Legal activities
(c) Timely payment
(d) Proper after sales service
answer:
(d)
Responsibility towards customers includes Proper after sales service.
Q.21. The negative way of competing with other entrepreneurs is:
(a) Constantly strive for growth and excellence.
(b) cutting others short.
(c) Improving efficiency.
(d) Innovating new products and services.
answer:
(b)
Cutting others short is the negative way of competing with others.
Q.22. Treating the waste before disposal is part under which activity?
(a) Contract commitment
(b) Care to ecology and environment
(c) Concern for workers
(d) Community concern
answer:
(b)
Treating the waste before disposal is part under care to ecology and environment.
Q.23. Pick the odd one out.
a. Failure in meeting contractual obligation.
b. Engagement in hoarding, black marketing and over charging.
c. Wastage of society’s resources.
d. Adherence to repayment schedules.
answer:
(d)
Adherence to repayment schedules shows entrepreneurial discipline.
Q.24. Timely repayment of loan instalments is the prime responsibility of the entrepreneurs. This statement is related to ………………………….
(a) Contract commitment
(b) Community concern
(c) Concern for society as a whole
(d) Credit credibility
answer:
(d)
The statement is related to credit credibility.
Q.25. Which of the following statement is true?
(a) Laws are not forced
(b) Ethics are forced
(c) Ethics are not forced
(d) Laws and ethics both are forced.
answer:
(c)
Ethics are not forced, while laws are forced.
Q.26. Which one not the cause to perform social responsibilities?
(a) Self interest
(b) Better environment for business
(c) Public image
(d) Create pollution
answer:
(d)
An entrepreneur must perform social responsibilities because of all the other three reasons.
Q.27. Which of the following is a legal activity?
(a) Black marketing
(b) Innovating new products and services
(c) High pricing
(d) Hoarding
answer:
(b)
Innovating new products and services is a legal activity.
Q.28. Social responsibility implies.
(a) Entrepreneur’s aim of profit maximization
(b) Entrepreneur’s sole aim is social service
(c) Charging very low prices from the customers
(d) Obligation and duties of entrepreneur towards society
answer:
(d)
Social responsibility implies Obligation and duties of entrepreneur towards society.
Q.29. How can an entrepreneur improve his public image?
(a) Earning huge profits.
(b) Lectures, discussions and interactions.
(c) Assuming social responsibility
(d) High pricing
answer:
(c)
An entrepreneur can improve his public image by assuming social responsibility
Q.30. Violation of laws may not result in ………………
(a) Punishment
(b) Fine
(c) Loss of goodwill
(d) Success of business
answer:
(d)
Violation of laws may result in all the other three above consequences.
MCQ Questions for CUET Entrepreneurship-Chapter-Entrepreneurial Discipline and Social Responsibility Set-3
Q.31. What should be the basis of all competition?
(a) Self growth/improvement
(b) Pulling others down
(c) Causing damage
(d) Discourage in engage of any competition.
answer:
(a)
The basis of all competition should be self-growth/improvement.
Q.32. Which one is a carrier of Entrepreneurship?
(a) Progress and prosperity
(b) Inputs
(c) Social service
(d) Society and environment
answer:
(a)
Entrepreneurship is a carrier of Progress and prosperity
Q.33. The principle objective of entrepreneurial discipline can be …………………………
(a) Punctuality in the office
(b) Having good relation with the fellow entrepreneurs
(c) Lectures, discussions and interactions
(d) Prevent greed
answer:
(d)
The principle objective of entrepreneurial discipline can be to Prevent greed
Q.34. Which one is the example of social responsibility?
(a) Increased efficiency
(b) Economic obligation
(c) Social obligation
(d) Voluntary efforts
answer:
(d)
Social responsibilities mean voluntary efforts on the part of entrepreneur.
Q.35 Distinguishing feature of entrepreneurship is…………………
(a) To do service to the society
(b) To earn wages and salaries
(c) To generate surplus
(d) To take care of ecology and environment.
answer:
(c)
The distinct feature of entrepreneurship is to generate surplus.
Q.36 Outdated techniques of production may result in:
(a) Wastage of resources
(b) Decrease in cost
(c) Decrease in pollution
(d) Care to ecology and environment
answer:
(a)
Outdated techniques of production may result in Wastage of resources.
Q.37 Which of the following is true.
(a) In the long run entrepreneur gains by performing social responsibilities
(b) Wealth power cannot cause social injury.
(c) Production process in most cases does not cause pollution.
(d) Social responsibility is a burden on business in the long run.
answer:
(a)
In the long run entrepreneur gains by performing social responsibilities.
Q.38 Which of the following may cause social injury and harm to society?
(a) Entrepreneurial indiscipline
(b) Contract commitment
(c) Credit credibility
(d) Healthy competition
answer:
(a)
Entrepreneurial indiscipline may cause social injury and harm society.
Q.39 Which of the following is associated with Care to ecology and environment?
(a) Employ child labour
(b) Make differential rate of payment to male and female workers
(c) Noise, smoke or affluent
(d) Non-supply of necessary tools
answer:
(c)
Noise, smoke or affluent are associated with Care to ecology and environment.
Q.40 Which of the following is related to Concern for employees?
(a) Forcing workmen to work beyond working hours without extra payment
(b) Hoarding, black marketing and exploitative pricing
(c) Noise smoke or affluent
(d) Complete customer satisfaction
answer:
(a)
Forcing workmen to work beyond working hours without extra payment
Q.41 Society offers resources to the entrepreneur in the form of:
(a) Facilities, manpower and markets
(b) Help
(c) Enterprise
(d) Development concern
answer:
(a)
Society offers resources to the entrepreneur in the form of facilities, manpower and markets.
Q.42 Which aspect is related community concern?
(a) Non-payment of promised wages
(b) Black marketing and exploitative pricing
(c) Causing others damage
(d) Lectures, discussions and interactions
answer:
(b)
Black marketing and exploitative pricing.
Q.43 Credit credibility includes………………………
(a) Improving efficiency, product’s quality and design.
(b) Lectures, discussions and interactions.
(c) Adherence to repayment schedules is the prime responsibility of entrepreneurs.
(d) Legal responsibility.
answer:
(c)
Credit credibility means adherence to repayment schedules is the prime responsibility of entrepreneurs.
Q.44 Meeting statutory obligation pertains to…………………..
(a) Legal requirements
(b) Increasing efficiency
(c) Adherence to repayment schedules
(d) Lectures, discussions and interactions
answer:
(a)
Meeting statutory obligation pertains to Legal requirements.
Q.45 Which of the following is the method of entrepreneurial discipline?
(a) Capital input
(b) Raw materials
(c) Lectures, discussions and interactions
(d) Work force for producing goods and services
answer:
(c)
Lectures, discussions and interactions with existing entrepreneurs.
Q.46 Select the true statement.
(a) Entrepreneurs should give differential wages to male and female workers.
(b) It is the responsibility of the entrepreneurs to take care of pollution.
(c) Entrepreneur can compete with others by cutting them short.
(d) Self-disciplined entrepreneur is likely to cause social injury.
answer:
(b)
It is the responsibility of the entrepreneurs to take care of pollution.
Q.47 Pick the odd one out.
(a) Lectures, discussions and interactions
(b) Contract commitment.
(c) Credit credibility.
(d) Healthy competition
answer:
(a)
Lectures, discussions and interactions is the method of spreading entrepreneurial discipline. Rest is scope of social responsibility of an entrepreneur.
Q.48 Development concern includes development of…………………………………
(a) Creditor
(b) Debtor
(c) Criminal
(d) Nation
answer:
(d)
Development concern includes development of community, nation and technology etc.
Q.49 Which of the following serves as useful method of inculcating entrepreneurial discipline.
(a) Community
(b) Case studies from national news
(c) Contract commitment.
(d) Credit
answer:
(b)
Case studies from national news serve as useful method of inculcating entrepreneurial discipline.
Q.50 Responsibility towards customers’ means ………………………
(a) Proper after sales service
(b) Pollution free
(c) Legal activities
(d) Timely payment
answer:
(a)
Responsibility towards customers’ means Proper after sales service.
Q.51 The unacceptable way of competing with other entrepreneurs is.
(a) Constantly strive for growth and excellence.
(b) By cutting others short.
(c) Improving efficiency.
(d) Innovating new products and services.
answer:
(b)
Cutting others short is an unacceptable way of competing with other entrepreneurs.
Q.52 under which activity the treatment of waste before disposal is categorized?
(a) Contract commitment
(b) Care to ecology and environment
(c) Concern for workers
(d) Community concern
answer:
(b)
Care to ecology and environment.
Q.53 Pick the odd one out.
(a) Adherence to repayment schedules.
(b) Failure in meeting contractual obligation.
(c) Engagement in hoarding, black marketing and over charging.
(d) Wastage of society’s resources.
answer:
(a)
Adherence to repayment schedules is the action of a disciplined entrepreneur. Rests are not the actions of a disciplined entrepreneur.
Q.54 Rajan, an entrepreneur has made timely repayment of loan instalments. Which responsibility is discharged by the entrepreneur?
(a) Contract commitment
(b) Community concern
(c) Credit credibility
(d) Concern for society as a whole
answer:
(c)
Credit credibility
Q.55 Select the true statement.
(a) Laws are not forced
(b) Ethics are not forced
(c) Ethics are forced
(d) Laws and ethics both are forced.
answer:
(b)
Ethics are not forced while laws are forced.
Q.56 An entrepreneur performs social responsibilities because of ………………………
(a) No Self interest
(b) Poor environment for business
(c) Public damage
(d) Public image
answer:
(d)
An entrepreneur performs social responsibilities because of all of the given options.
Q.57 Which one is the legal activity?
(a) Innovating new products and services
(b) Black marketing
(c) High pricing
(d) Hoarding
answer:
(a)
Innovating new products and services is a legal activity while others are not.
Q.58 What is meant by Social responsibility?
(a) Entrepreneur’s aim of profit maximization
(b) Entrepreneur’s sole aim is social service
(c) Obligation and duties of entrepreneur towards society
(d) Charging very low prices from the customers
answer:
(c)
Social responsibility means obligation and duties of entrepreneur towards society.
Q.59 How an entrepreneur can improve his public image?
(a) Assuming social responsibility
(b) Earning huge profits.
(c) Lectures, discussions and interactions.
(d) High pricing
answer:
(a)
An entrepreneur can improve his public image by assuming social responsibility.
Q.60 An enterprise has violated the law. It may result in ………………
(a) Reward
(b) Gain of public image
(c) Gain of goodwill
(d) Punishment
answer:
(d)
Violation of laws may result in punishment, fine and loss of goodwill.
Q.61 What should be the basis of all competition?
(a) Self growth/improvement
(b) Pulling others down
(c) Causing damage
(d) Not to engage in any competition.
answer:
(a)
Self-growth/improvement should be the basis of all competition.
Q.62 Production process may cause some sort of…………………………..
(a) Noise pollution
(b) Pollution
(c) Smoke
(d) Affluents
Answer:
(b)
Production process may cause some sort of Pollution.
Q.63. Greed on the part of entrepreneur may cause…………………………
(a) Business ethics
(b) Social responsibility
(c) Exploiting the same society which helped him
(d) Long term business growth
Answer:
(c)
Greed on the part of entrepreneur may cause, exploiting the same society, which helped him.
Q.64. Who makes an entrepreneurial dream a success?
(a) Society
(b) Customers
(c) Care to ecology and environment
(d) Competitors
Answer:
(a)
Society makes an entrepreneurial dream a success.
Q.65. Lectures, discussions and interactions are …………………….
(a) The key to entrepreneurial success.
(b) Business ethics
(c) Part of social responsibilities
(d) Methods of spreading entrepreneurial discipline
Answer:
(d)
Lectures, discussions and interactions are methods of spreading entrepreneurial discipline.
Q.66. Which of the following does not fall under meeting statutory obligations?
(a) Registration and license
(b) Taxes
(c) Health and safety
(d) Strive for growth and excellence
Answer:
(a)
Strive for growth and excellence does not fall under meeting statutory obligations.
Q.67. Entrepreneurial discipline leads to……………………
(a) Involvement in socially useful activities
(b) Greed
(c) Undesirable activities
(d) Increase profits by minimising wages
Answer:
(a)
Entrepreneurial discipline leads to involvement in socially useful activities.
Q.68. In which of the following case the entrepreneur is indisciplined.
(a) Adherence to contracts
(b) Encourage deforestation
(c) Skillful to acquire wealth
(d) Competing by innovating new products and services
Answer:
(b)
Encourage deforestation.
Q.69. An enterprise has paid the compensation for extra work. The employer is concerned for:
(a) Workers
(b) Child labour
(c) Management rights
(d) Nation
Answer:
(a)
Payment of right compensation.
Q.70. Healthy competition means ……………………………
(a) Making huge profits
(b) Adherence to payment schedules
(c) Improving product’s design and uses
(d) Legal responsibility
Answer:
(c)
Healthy competition means improving product’s design and uses.
Q.71. Which of the following is not the method for spreading entrepreneurial discipline?
(a) Lectures, discussions and interactions with existing with existing entrepreneurs
(b) Case studies from national news
(c) Spread of awareness by the government and NGOs
(d) Adherence to payment schedules
Answer:
(a)
Adherence to payment schedules.
Q.72. Which of the following does not come under the social responsibility of an entrepreneur?
(a) Contract commitment
(b) Concern for workers
(c) Concern for competitors
(d) Credit credibility
Answer:
(c)
Concern for competitors.
Q.73. An entrepreneur should sacrifice …………………
(a) Urge for growth and excellence
(b) Progress and prosperity
(c) Development concern
(d) Undue personal benefits for society at large
Answer:
(a)
An entrepreneur should sacrifice undue personal benefits for society at large.
Q.74. The unique feature of entrepreneurship is to generate surplus, which provides ………………….
(a) Greed
(b) Wealth power
(c) Entrepreneurial discipline
(d) Resources from society
Answer:
(b)
The unique feature of entrepreneurship is to generate surplus, which provides wealth power.
Q.75. Optimum resource use means …………
(a) Best use of society’s scarce resources
(b) Wealth power
(c) No use of society’s scarce resources
(d) Production of resources
Answer:
(a)
Optimum resource use implies best use of society’s scarce resources.