Question 1
Which of the following is defined as the process of creating something new with value by devoting the necessary time and effort, assuming financial, psychic, and social risks, and receiving monetary and personal satisfaction?
Correct Answer:
Entrepreneurship
Question 2
According to Joseph Schumpeter, what is the primary function of an entrepreneur?
Correct Answer:
Carrying out new combinations of resources and innovation
Question 3
Which psychologist proposed the 'Need for Achievement' (n-Ach) theory as a driving psychological motive for entrepreneurs?
Correct Answer:
David McClelland
Question 4
What distinguishes an 'Intrapreneur' from a traditional 'Entrepreneur'?
Correct Answer:
Intrapreneurs operate within an existing organization using company resources
Question 5
Which characteristic best describes a successful entrepreneur's approach toward risk?
Correct Answer:
Taking calculated and moderate risks after assessing feasibility
Question 1
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Prepare with the Assam ASSEB HS Entrepreneurship Development Practice Questions - Assam ASSEB Higher Secondary Entrepreneurship Development Examination (AHSEC ASSEB 2026) Exam practice quiz. This question bank includes 100 questions covering business, plan, entrepreneur, market, and analysis. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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Assam ASSEB HS Entrepreneurship Development Practice Questions - Assam ASSEB Higher Secondary Entrepreneurship Development Examination (AHSEC ASSEB 2026) Exam

This practice set contains 100 questions from the matching question bank and focuses on business, plan, entrepreneur, market, and analysis. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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