Question Paper 2015 Outside Delhi CBSE Class 12^th ENTREPRENEURSHIP

General Instructions:

• All the questions are compulsory.

Marks are indicated against each question.

• Questions No. 1 to 5 are very short answer type questions, carrying 1 mark each. Answer to each of these should not exceed 15 words.
• Questions No. 6 to 10 are short answer type questions, carrying 2 marks each. Answer to each of these should not exceed 50 words.
• Questions No. 11 to 17 are short answer type questions, carrying 3 marks each. Answer to each of these should not exceed 75 words.
• Questions No. 18 to 21 are short answer type questions, carrying 4 marks each. Answer to each of these should not exceed 150 words.
• Questions No. 22 to 24 are long answer type questions, carrying 6 marks each. Answer to each of these should not exceed 250 words.

1.List any two categories of persons that are required to obtain registration from 'Central Excise Department'. (1)

1. Distinguish between a 'Joint Stock Company' and a 'Joint Hindu Family Business' on the basis of 'liability of its members'. (1)

1. Balwant Singh of Bikaner thought of air-conditioned houses which do not require

electricity. He wanted to explore the idea of construction of such eco-friendly houses which will remain cool in summers and warm in winters. He conceived the idea in 2010 but the final product could take shape in 2014. Name the stage in 'The Creative Process' described in the above lines. (1)

1. Give the meaning of 'Ecological Environment'. (1)
2. Geeta Ram, an orange grower from Nagpur, wants to start a small juice producing factory using the oranges grown by him as well as by his fellow villagers. Name the financial

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institutions he should contact for obtaining loan for starting his factory. (1)

1. State any two rules for goal setting. (2)
2. Give the meaning of 'Business situation analysis' and 'Identification of the target market' as steps in preparing the marketing plan. (2)

1. Rahul wants to start a small shoe manufacturing factory. As a part of his business plan he

prepared an 'entertaining slide show and oral narrative' that was meant to trigger discussion and create interest in potential investors for reading the written presentation. Identify and explain the format of the business plan referred in the above paragraph. (2)

1. In U.K., they are called 'end lines', 'endlines', or 'straplines'. Germans call them as 'claims', French refer them as 'signatures', while Belgians call them 'base lines'. Identify the concept and name its forms. (2)
2. Ashok is engaged in the production of readymade garments using cotton cloth. Identify the business activity in which Ashok is involved. Also name and define the utility created by Ashok. (2)
3. What is meant by 'Problem Identification'? State its any two objectives and also give an example of 'Problem Identification'.(3)

12.Kareem after completing his XII class from his village school joined the course of electrician in an ITI in a town near his village. On completion of this course he tried for a government job but could not get the same. He, therefore, decided to work as a helper to a renowned electrician of the area. After working with him for two years he decided to start his own electrician shop in the village. For this he purchased equipments of ₹10,000 and hired a shop at a monthly rent of < ₹ 2,000. He himself managed the shop. (3)

1. Identify the kind of business organisation set up by Kareem.
2. State any four characteristics of the identified form of business organisation.
3. State the advantages of 'cost plus' method of pricing. (3)
4. 'Angel Investors' and 'Venture Capital' are the two sources of raising finance for an entrepreneur. Explain the concept of both the sources stating one distinguishing feature of each. (3)

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