Top 50 CMAT Innovation and Entrepreneurship Questions [Download PDF]

by Naveen Neredimalli Mon 01 Apr 2024 06:04 PM 3166
Top Innovation and Entrepreneurship Questions For CMAT 2024

The Innovation and Entrepreneurship section in CMAT evaluates candidates' understanding of innovative business practices, entrepreneurial mindset, and their application in real-world scenarios. It assesses problem-solving abilities, strategic thinking, and decision-making skills essential for managerial roles. Innovation and Entrepreneurship are integral to the success of businesses in today's competitive landscape. CMAT recognizes the significance of these aspects and includes them to gauge candidates' readiness for management roles where innovation-driven strategies and entrepreneurial initiatives play a pivotal role. These questions, presented in a convenient PDF format, are designed to enrich your knowledge and boost your confidence for the upcoming examination. Sharpen your understanding of literary achievements and notable literary figures to ace the CMAT 2024 with flying colors. Download the PDF now and embark on your journey to CMAT success!

Question 1

What is the key force in determining the appropriate prices and quantities for the majority of goods and services in a market economy?

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Question 2

Who is regarded as the father of modern economics?

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Question 3

The book Startup Nation is based on which country?

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Question 4

Which of the following is not an advantage of bootstrapping?

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Question 5

The innovation which supplants an existing business model?

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Question 6

An economy in which the government dictates the permissible levels of production and price range is called?

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Question 7

Where is the headquarters of the World Intellectual Property Organization located?

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Question 8

Who is a Fabian Entrepreneur?

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Question 9

Which of the following is not an active payments bank in India?

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Question 10

When is world Innovation Day celebrated every year?

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Question 11

Who is the author of the book “COMMODITIES AND CAPABILITIES”?

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Question 12

Which of the following is not a primary Fin tech service ?

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Question 13

What is central to command economy ?

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Question 14

Which country added the highest number of Unicorns in the year 2023 ?

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Question 15

The day startup companies which are a part of accelerator programs are provided with an opportunity to display their problem statement and solution to the investors is called?

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Question 16

What does T refer to in SWOT analysis ?

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Question 17

Which of the following is not a part of PESTEL analysis ?

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Question 18

Which of the following is true regarding the primary characteristic of an Entrepreneur?

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Question 19

Which of the following is not true regarding limited liability partnership ?

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Question 20

What is the total investment range in a medium enterprise as per the norms set up by the government of India ?

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Question 21

Which of the following ownership is not eligible for a start-up as per the norms setup by the Indian government?

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Question 22

Which of the following does not come under Porters five forces model ?

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Question 23

Which of the following does not come under liabilities ?

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Question 24

What should be the minimum value of a company in order to be officially recognized as a Decacorn?

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Question 25

Which among the following is a characteristic of group creativity technique of “Brain Storming” ?

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Question 26

Which of the following Indian startups is yet to receive the Unicorn status for the first time as of 1st Jan 2024?

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Question 27

An entrepreneur who does not like to adapt to change and prefers to go by traditional and old school business methods is called ?

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Question 28

An entrepreneurship that explores and develops solutions for cultural , social and environmental issues is called ?

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Question 29

A start-up that aims to innovate itself and works on developing a repeatable business model and continuously expanding itself is a part of ?

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Question 30

A collaborative program setup to help entrepreneurs solve some of the commonly associated problems by providing mentorship, workspace, funding for startups is called?

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Question 31

Which of the following is a key prerequisite for capital investment by Venture Capital firms ?

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Question 32

The startup India innovation week 2024 is held from?

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Question 33

Which state topped the Indian Innovation Index in Major States category in 2023 ?

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Question 34

Where does Architectural innovation appropriately fit under ?

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Question 35

Where does Incremental innovation appropriately fit under ?

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Question 36

Who is the author of the book “The Big Short “.

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Question 37

Vijay Shekhar Sharma is the founder of ?

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Question 38

The circumstances in which an Innovation results in more damage to the economy over beneficial outcomes is called ?

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Question 39

A private individual who provides financial backing for entrepreneurs and start ups in return for ownership equity in the company is called ?

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Question 40

Which of the following is not a type of crowdfunding?

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Question 41

Which of the following is a scheme launched by the government of India to extend support to startups in the country?

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Question 42

Who is India's richest self-made woman in 2023?

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Question 43

According to a report by market data and analytics firm Kantar, which of the following is the India's most valuable brand in 2023?

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Question 44

According to Forbes World’s Finest Employers rankings 2023, which company is the finest employer in India?

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Question 45

Which company hosted ‘UNFOLD 2023′, a mega event for developers and investors?

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Question 46

How many Indian companies have been added to the Fortune Global 500 list of 2023?

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Question 47

What is the Economic Times Startup of the Year 2023?

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Question 48

Which city hosted Digital India Week 2023?

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Question 49

Which day is celebrated as the National Startup Day in India?

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Question 50

Who is the entrepreneur of the year 2023 in India?

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