CUET PYQs for Small Business and Entrepreneurship with Solutions: Practice CUET Previous Year Questions

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Small Business and Entrepreneurship is an important topic in the Entrepreneurship section in CUET exam. Practising this topic will increase your score overall and make your conceptual grip on CUET exam stronger.

This article gives you a full set of CUET PYQs for Small Business and Entrepreneurship with explanations for effective preparation. Practice of CUET Entrepreneurship PYQs including Small Business and Entrepreneurship questions regularly will improve accuracy, speed, and confidence in the CUET 2026 exam.

CUET PYQs for Small Business and Entrepreneurship with Solutions

1.
A prospective entreprenuer has to find an opportunity which would be suitable for him/her in terms of customers to be served and profits expected. Suggest the correct sequence to convert idea into an enterprise.
(A) Identifying a product or service through innovation
(B) Setting up a project and nurturing it to success
(C) Opportunity spotting by analysing the needs and problems that exist in the Environment
(D) Evaluating the ideas received to from different sources find a creative solution
Choose the correct answer from the options given below:
- (D), (C), (B), (A)
- (A), (C), (D), (B)
- (C), (D), (A), (B)
- (D), (C), (A), (B)
View Solution
2.
The person who combines all factors of production, who takes risk to earn profit is called entrepreneur. Entrepreneur is______.
- Subject
- Verb
- Outcome
- Process
View Solution
3.
It is the process of entrepreneurship which involves the translation of a useful idea into an application which has commercial value. It takes persistent effort to work out analytically the details of the enterprise or science. The above lines indicate which step of the process of creativity.
- Idea germination
- Preparation
- Innovation
- Illumination
View Solution
4.
Functions of Entrepreneurship in relation to economic Development do not include:-
- Contribution to GDP
- Capital Formation
- Generation of Employment
- Generation of Business opportunities only for same business
View Solution
5.
Identify from the following which does not form a part of needs for entrepreneurial motivation.
- Need for power
- Need for achievement
- Need for affiliation
- Need for security
View Solution
6.
Which of the following are the external expansion of the firm.
(A) Mergers
(B) Franchising
(C) Initial public offer
(D) Acquisition
(E) Internal Expansion
Choose the correct answer from the options given below:
- (A), (B) and (E) only
- (B), (C) and (E) only
- (A), (B) and (C) only
- (A), (B) and (D) only
View Solution
7.
Spotting an idea often triggers the process of sensing an opportunity. The following are the sources which lead to emergence of basic ideas.
A. Problems
B. Change
C. Inventions
D. Vision of creativity
E. Economic idea
Choose the correct answer from the options given below:
- A, B only
- A, B, and C only
- A, and E only
- B and C only
View Solution
8.
Innovation is the process of entrepreneurship which involves the translation of a useful idea into an application which has commercial value. Arrange the process of innovation in sequence. (A) Resource organisation
(B) Commercial Application
(C) Analytical Planning
(D) Implementation
Choose the correct answer from the options given below:
- (A), (C), (B), (D)
- (C), (A), (D), (B)
- (C), (A), (B), (D)
- (C), (B), (A), (D)
View Solution
9.
Pranav is an entrepreneur producing LED lamps with brand name "Lavells". These lamps are in great demand. He finds that the cost of production per unit of lamp is 1600rs and he can sell the same at 2000rs per lamp. The competitors in the market are selling this type of lamp at the rate of 2400rs. Pranav's objective is not to earn profit in short run but to capture the largest market share. His expectation is that the customers will be attracted towards the new brand because of lower price. Identify the method of pricing adopted by Pranav to capture the substantial portion of the market.
- Cost plus pricing
- Penetration pricing
- Skimming pricing
- Variable pricing
View Solution
10.
What are the aspects of feasibility analysis under Entrepreneurship Development?
A. Technical Aspect
B. Economic Aspect
C. Financial Aspect
D. Commercial Aspect
E. Political Aspect
Choose the correct answer from the options given below:
- A, B and C Only
- A, B, D and E Only
- A and B Only
- A, B, C and D Only
View Solution
11.
Radha owns a company of handmade craft in a rural area and she employed marginalised sections of society in her company and gave them wages as per the work completed by them. Identify the objective of management that is accomplished by Radha.
- Organisational Objective
- Social Objective
- Intangible Objective
- Personal Objective
View Solution
12.
Creativity is important to entrepreneurship. Arrange the following in sequence to explain the process of creativity.
A. Incubation
B. Preparation
C. Verification
D. Idea germination
E. Illumination
Choose the correct answer from the options given below:
- D, B, E, A, C
- D, B, A, E, C
- D, B, A, C, E
- D, B, E, C, A
View Solution
13.
Jethalal started a business of readymade garments for women. In order to gain better insight on tastes and preferences of his target market, he started to approach his target market ie, ladies of age-group of 20-40 by using the platform of social media. Identify the 'Trend' followed by Jethalal.
- Read Trend
- Talk Trend
- Think Trend
- Watch Trend
View Solution

14.
Match List-I with List-II.
List-I List-II
(A) Conglomerate (I) A merger occurring between companies in the same industry
(B) Horizontal Merger (II) It takes place between 2 companies that deal in same products in separate market
(C) Market Extension Merger (III) A merger between firms that are involved in totally unrelated business activity
(D) Vertical Merger (IV) A merger between two companies producing different goods for one specific finished products
Choose the correct answer from the options given below:

(A)-(IV), (B)-(II), (C)-(I), (D)-(III)
(A)-(II), (B)-(I), (C)-(IV), (D)-(III)
(A)-(III), (B)-(I), (C)-(II), (D)-(IV)
(A)-(I), (B)-(II), (C)-(III), (D)-(IV)

View Solution

15.
Identify the workers who are recruited by means of direct recruitment under which a notice is placed on the notice board of the enterprise specifying the details of the jobs available.
- Casual callers
- Casual Badli workers
- Contractors labour
- Managers
View Solution

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CUET PYQs for Small Business and Entrepreneurship with Solutions: Practice CUET Previous Year Questions

CUET PYQs for Small Business and Entrepreneurship with Solutions

2.
The person who combines all factors of production, who takes risk to earn profit is called entrepreneur. Entrepreneur is______.

3.
It is the process of entrepreneurship which involves the translation of a useful idea into an application which has commercial value. It takes persistent effort to work out analytically the details of the enterprise or science. The above lines indicate which step of the process of creativity.

4.
Functions of Entrepreneurship in relation to economic Development do not include:-

5.
Identify from the following which does not form a part of needs for entrepreneurial motivation.

6.
Which of the following are the external expansion of the firm.
(A) Mergers
(B) Franchising
(C) Initial public offer
(D) Acquisition
(E) Internal Expansion
Choose the correct answer from the options given below:

7.
Spotting an idea often triggers the process of sensing an opportunity. The following are the sources which lead to emergence of basic ideas.
A. Problems
B. Change
C. Inventions
D. Vision of creativity
E. Economic idea
Choose the correct answer from the options given below:

10.
What are the aspects of feasibility analysis under Entrepreneurship Development?
A. Technical Aspect
B. Economic Aspect
C. Financial Aspect
D. Commercial Aspect
E. Political Aspect
Choose the correct answer from the options given below:

11.
Radha owns a company of handmade craft in a rural area and she employed marginalised sections of society in her company and gave them wages as per the work completed by them. Identify the objective of management that is accomplished by Radha.

12.
Creativity is important to entrepreneurship. Arrange the following in sequence to explain the process of creativity.
A. Incubation
B. Preparation
C. Verification
D. Idea germination
E. Illumination
Choose the correct answer from the options given below:

13.
Jethalal started a business of readymade garments for women. In order to gain better insight on tastes and preferences of his target market, he started to approach his target market ie, ladies of age-group of 20-40 by using the platform of social media. Identify the 'Trend' followed by Jethalal.

15.
Identify the workers who are recruited by means of direct recruitment under which a notice is placed on the notice board of the enterprise specifying the details of the jobs available.

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List-I		List-II
(A)	Conglomerate	(I)	A merger occurring between companies in the same industry
(B)	Horizontal Merger	(II)	It takes place between 2 companies that deal in same products in separate market
(C)	Market Extension Merger	(III)	A merger between firms that are involved in totally unrelated business activity
(D)	Vertical Merger	(IV)	A merger between two companies producing different goods for one specific finished products

CUET PYQs for Small Business and Entrepreneurship with Solutions

2.The person who combines all factors of production, who takes risk to earn profit is called entrepreneur. Entrepreneur is______.

3.It is the process of entrepreneurship which involves the translation of a useful idea into an application which has commercial value. It takes persistent effort to work out analytically the details of the enterprise or science. The above lines indicate which step of the process of creativity.

4.Functions of Entrepreneurship in relation to economic Development do not include:-

5.Identify from the following which does not form a part of needs for entrepreneurial motivation.

6.Which of the following are the external expansion of the firm. (A) Mergers(B) Franchising(C) Initial public offer(D) Acquisition(E) Internal ExpansionChoose the correct answer from the options given below:

7.Spotting an idea often triggers the process of sensing an opportunity. The following are the sources which lead to emergence of basic ideas. A. Problems B. Change C. Inventions D. Vision of creativity E. Economic idea Choose the correct answer from the options given below:

10.What are the aspects of feasibility analysis under Entrepreneurship Development?A. Technical AspectB. Economic AspectC. Financial AspectD. Commercial AspectE. Political AspectChoose the correct answer from the options given below:

11.Radha owns a company of handmade craft in a rural area and she employed marginalised sections of society in her company and gave them wages as per the work completed by them. Identify the objective of management that is accomplished by Radha.

12.Creativity is important to entrepreneurship. Arrange the following in sequence to explain the process of creativity. A. Incubation B. Preparation C. Verification D. Idea germination E. Illumination Choose the correct answer from the options given below:

13.Jethalal started a business of readymade garments for women. In order to gain better insight on tastes and preferences of his target market, he started to approach his target market ie, ladies of age-group of 20-40 by using the platform of social media. Identify the 'Trend' followed by Jethalal.

15.Identify the workers who are recruited by means of direct recruitment under which a notice is placed on the notice board of the enterprise specifying the details of the jobs available.

Comments

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2.
The person who combines all factors of production, who takes risk to earn profit is called entrepreneur. Entrepreneur is______.

3.
It is the process of entrepreneurship which involves the translation of a useful idea into an application which has commercial value. It takes persistent effort to work out analytically the details of the enterprise or science. The above lines indicate which step of the process of creativity.

4.
Functions of Entrepreneurship in relation to economic Development do not include:-

5.
Identify from the following which does not form a part of needs for entrepreneurial motivation.

6.
Which of the following are the external expansion of the firm.
(A) Mergers
(B) Franchising
(C) Initial public offer
(D) Acquisition
(E) Internal Expansion
Choose the correct answer from the options given below:

7.
Spotting an idea often triggers the process of sensing an opportunity. The following are the sources which lead to emergence of basic ideas.
A. Problems
B. Change
C. Inventions
D. Vision of creativity
E. Economic idea
Choose the correct answer from the options given below:

10.
What are the aspects of feasibility analysis under Entrepreneurship Development?
A. Technical Aspect
B. Economic Aspect
C. Financial Aspect
D. Commercial Aspect
E. Political Aspect
Choose the correct answer from the options given below:

11.
Radha owns a company of handmade craft in a rural area and she employed marginalised sections of society in her company and gave them wages as per the work completed by them. Identify the objective of management that is accomplished by Radha.

12.
Creativity is important to entrepreneurship. Arrange the following in sequence to explain the process of creativity.
A. Incubation
B. Preparation
C. Verification
D. Idea germination
E. Illumination
Choose the correct answer from the options given below:

15.
Identify the workers who are recruited by means of direct recruitment under which a notice is placed on the notice board of the enterprise specifying the details of the jobs available.