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

Senior Content Strategist | MBA Professional | Updated 3+ months ago

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

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

CMAT PYQs for Small Business and Entrepreneurship with Solutions

1.
The start-up loans offered by MUDRA banks to small enterprises, business which are non-corporate, and non-farm small/micro enterprises is up to the limit of Rs ________ lacs.
- 20
- 10
- 40
- 30
View Solution
2.
Which of the following is not a legitimate way of bringing a new business idea to market?
- A start up
- Business plan
- A buy-out
- Franchise
View Solution
3.
Shruti wants to launch a small floral shop in Nagarbhavi,Bengaluru.As part of business plan, she prepared an engaging.MS Powerpoint presentation to garner interest among potential investors and trigger discussion.This format of business plan is known as
- Business plan
- Pitch deck
- Presentation
- Business talk
View Solution
4.
An entrepreneur who is the owner of more than one business is called
- Portfolio entrepreneur
- lntrapreneur
- Corporate entrepreneur
- Owner entrepreneur
View Solution
5.
Which of the following statements are correct?
(A) SMILE loans are aimed pursue growth opportunities
(B) SMILE loans are aimed to pay for the earlier loan
(C) SMILE loans are available to both manufacture and services organisation.
(D) SMILE loans are aimed at setting upstate of the Art manufacturing infrastructure for MSME
(E) SMILE loans are aimed at meeting consumption need of farm based entrepreneures.
Choose the correct answer from the options given below:
- A, B, C only
- A, C, D only
- B, C, E only
- C, D, E only
View Solution
6.
An important area of concern for innovative entrepreneurs in financing of projects is raising the:
- Development capital
- Human capital
- Structured capital
- Seed capital
View Solution
7.
Given below are two statements:
Statement I : Family businesses are always interested to handover the charge of their business to next generation.
Statement II: Most of the start-up originate from the established family business. In the light of the above statements, choose the most appropriate answer from the options given below
- Both Statement I and Statement II are correct
- Both Statement I and Statement II are incorrect
- Statement I is correct but Statement II is in correct
- Statement I is incorrect but Statement II is correct
View Solution
8.
Social Enterprise Obligation includes:
(A) Environment
(B) Fair Business Practices
(C) Community Involvement
(D) Energy
(E) Shareholder's Profit
Choose the correct answer from the options given below:
- (A), (B), (C) and (E) only
- (A), (B), (C) and (D) only
- (B), (C), (D) and (E) only
- (A), (C), (D) and (E) only
View Solution
9.
What is the full form of EPCG?
- Export Promotion Capital Goods
- Export Promotion Council of Goods
- Export Potential of Capital Goods
- Export Promotion Council of Government
View Solution
10.
'Entrepreneur' means
- to struggle
- to undertake
- to invent
- to motivate
View Solution
11.
Nascent entrepreneur is a person:
- Who makes a company
- Who is in the process of starting a new business
- Who is the first in his family to starts an industry with innovative idea and skill
- Who is first in his family to complete a course in entrepreneurship development
View Solution
12.
Which of the following statements are correct?
(A) MUDRA loans under PMMY include Shishu Category
(B) MUDRA loans under PMMY include Kishore Category
(C) MUDRA loans under PMMY include Shaishav Category
(D) MUDRA loans under PMMY include Tarun Category
(E) MUDRA loans under PMMY include Vyask Category
Choose the correct answer from the options given below:
- (C), (B) and (E) only
- (C), (B) and (D) only
- (A), (B) and (E) only
- (A), (B) and (D) only
View Solution
13.
In context of market feasibility analysis the analyst should consider the following factor as a priority
- Target market attractiveness
- Financing of market expenditure
- Availability of marketing personnel
- Market leadership
View Solution
14.
Following are the reasons for the failure of an entrepreneurial venture.
A. Lack of market research
B. Poor financial control
C. Poor management
D. Gender of the entrepreneur
E. Caste of the entrepreneur
Choose the correct answer from the options given below:
- A, B, D and E are correct reasons for the failure of an entrepreneurial venture
- A, C, D and E are correct reasons for the failure of an entrepreneurial venture
- A, B, C are correct reasons for the failure of an entrepreneurial venture
- B, D and E are correct reasons for the failure of an entrepreneurial venture
View Solution
15.
Given below are two statements, one is labelled as Assertion (A) and the other is labelled as Reason (R).
Assertion (A):Small businesses are considered important to economic development.
Reason (R): Small businesses can be innovators of new products and provide speacialist support to larger companies.
In the light of the above statements, choose the most appropriate answer from the options given below:
- Both Assertion (A) and Reason (R) are correct and Reason (R) is the correct explanation of Assertion (A).
- Both Assertion (A) and Reason (R) are correct and Reason (R) is not the correct explanation of Assertion (A).
- (A) is correct but (R) is not correct.
- (A) is not correct but (R) is correct.
View Solution

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

CMAT PYQs for Small Business and Entrepreneurship with Solutions

1.
The start-up loans offered by MUDRA banks to small enterprises, business which are non-corporate, and non-farm small/micro enterprises is up to the limit of Rs ________ lacs.

2.
Which of the following is not a legitimate way of bringing a new business idea to market?

3.
Shruti wants to launch a small floral shop in Nagarbhavi,Bengaluru.As part of business plan, she prepared an engaging.MS Powerpoint presentation to garner interest among potential investors and trigger discussion.This format of business plan is known as

4.
An entrepreneur who is the owner of more than one business is called

6.
An important area of concern for innovative entrepreneurs in financing of projects is raising the:

8.
Social Enterprise Obligation includes:
(A) Environment
(B) Fair Business Practices
(C) Community Involvement
(D) Energy
(E) Shareholder's Profit
Choose the correct answer from the options given below:

9.
What is the full form of EPCG?

10.
'Entrepreneur' means

11.
Nascent entrepreneur is a person:

13.
In context of market feasibility analysis the analyst should consider the following factor as a priority

14.
Following are the reasons for the failure of an entrepreneurial venture.
A. Lack of market research
B. Poor financial control
C. Poor management
D. Gender of the entrepreneur
E. Caste of the entrepreneur
Choose the correct answer from the options given below:

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CMAT PYQs for Small Business and Entrepreneurship with Solutions

1. The start-up loans offered by MUDRA banks to small enterprises, business which are non-corporate, and non-farm small/micro enterprises is up to the limit of Rs ________ lacs.

2.Which of the following is not a legitimate way of bringing a new business idea to market?

3.Shruti wants to launch a small floral shop in Nagarbhavi,Bengaluru.As part of business plan, she prepared an engaging.MS Powerpoint presentation to garner interest among potential investors and trigger discussion.This format of business plan is known as

4.An entrepreneur who is the owner of more than one business is called

6.An important area of concern for innovative entrepreneurs in financing of projects is raising the:

8.Social Enterprise Obligation includes:(A) Environment(B) Fair Business Practices(C) Community Involvement(D) Energy(E) Shareholder's ProfitChoose the correct answer from the options given below:

9.What is the full form of EPCG?

10.'Entrepreneur' means

11.Nascent entrepreneur is a person:

13. In context of market feasibility analysis the analyst should consider the following factor as a priority

14.Following are the reasons for the failure of an entrepreneurial venture.A. Lack of market researchB. Poor financial controlC. Poor managementD. Gender of the entrepreneurE. Caste of the entrepreneurChoose the correct answer from the options given below:

Comments

SUBSCRIBE TO OUR NEWS LETTER

1.
The start-up loans offered by MUDRA banks to small enterprises, business which are non-corporate, and non-farm small/micro enterprises is up to the limit of Rs ________ lacs.

2.
Which of the following is not a legitimate way of bringing a new business idea to market?

3.
Shruti wants to launch a small floral shop in Nagarbhavi,Bengaluru.As part of business plan, she prepared an engaging.MS Powerpoint presentation to garner interest among potential investors and trigger discussion.This format of business plan is known as

4.
An entrepreneur who is the owner of more than one business is called

6.
An important area of concern for innovative entrepreneurs in financing of projects is raising the:

8.
Social Enterprise Obligation includes:
(A) Environment
(B) Fair Business Practices
(C) Community Involvement
(D) Energy
(E) Shareholder's Profit
Choose the correct answer from the options given below:

9.
What is the full form of EPCG?

10.
'Entrepreneur' means

11.
Nascent entrepreneur is a person:

13.
In context of market feasibility analysis the analyst should consider the following factor as a priority

14.
Following are the reasons for the failure of an entrepreneurial venture.
A. Lack of market research
B. Poor financial control
C. Poor management
D. Gender of the entrepreneur
E. Caste of the entrepreneur
Choose the correct answer from the options given below: