Class 9 – IT 402 Entrepreneurial Skills – I – MCQs

Class 9 IT (Code 402)- Entrepreneurial Skills – I NCERT-Based MCQs: Practice makes perfect! Here, we’ve curated a set of Solved NCERT-based multiple-choice questions to test your understanding of the Entrepreneurial Skills Unit of Class 9 – Information Technology (Code 402) session and chapter-wise. These MCQs are designed to help you gauge your knowledge and identify areas for improvement for CBSE examination.

Entrepreneurial Skills Class 9 MCQs

MCQ 1: Which of the following statements about business is incorrect?
a) A system where goods are manufactured and distributed free of cost.
b) An organisation where people work for meeting their own needs.
c) An institution which prepares people for future challenges.
d) All of the above

MCQ 2: Which of the following statements about business is correct?
a) An activity which involves continuous production and supply of goods.
b) A system where services and goods are exchanged for money.
c) Regular manufacture and sale of goods with an objective of earning profits.
d) All of the above

MCQ 3: Into which of the two categories goods can be classified?
a) Consumer goods and producer goods
b) Consumption goods and production goods
c) Intangible goods and tangible goods
d) Business goods and personal goods

MCQ 4: Into how many categories the service industry can be divided?
a) One
b) Two
c) Three
d) Four

MCQ 5: To which type of businesses belong the education, entertainment and information technology?
a) Manufacturing
b) Hybrid
c) Service
d) None of these

MCQ 6: Which of the following are the examples of the service industry?
a) Politics
b) Media
c) Hospitality
d) Both b) and c)

MCQ 7: To which type of businesses finance, insurance and marketing belong?
a) Manufacturing
b) Service
c) Hybrid
d) None of these

MCQ 8: Which of the following statements about manufacturing business is correct?
a) A place where raw material is converted into a finished good.
b) Follows legal regulation and laws.
c) Both a) and b)
d. None of the above

MCQ 9: Which of the following are the examples of manufacturing industry?
a) Food production, management and petroleum
b) Food production, petroleum, clothing and textiles
c) Food production, banking and petroleum
d) Food production, hospitality and petroleum

MCQ 10: In which form of business entity does a single individual handle the entire business organisation?
a) Public Ltd Company
b) Unlimited Company
c) Partnership
d) Sole Proprietorship

Find exam-oriented chapter or unit-wise multiple-choice questions (MCQs) based on MS Office and OpenOffice for CBSE Class 9 to help you prepare for examinations

MCQ 11: Which of the following statements is incorrect?
a) In a Private Ltd Company, the right to transfer the share is restricted.
b) A Public Ltd Company allows the shareholders to transfer their shares.
c) In a Sole Proprietorship, two or more than two people handle and manage the entire business.
d) Cooperatives are a form of voluntary organisation.

MCQ 12: Which form of business entity is owned by two or more persons who contribute resources for the setup?
a) Public Ltd Company
b) Partnership
c) Unlimited Company
d) Sole Proprietorship

MCQ 13: Business is a (an) ____ activity.
a) social
b) economic
c) hazardous
d) selling

MCQ 14: What is the aim of entrepreneurship?
a) Earn a profit
b) Solve customers’ needs innovatively
c) Both of a) and b)
d) None of the above

MCQ 15: Business is an activity for satisfying:
a) entrepreneur
b) owner
c) new idea
d) human needs

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