Q.1 What is the primary goal of social entrepreneurship?
Profit maximization
Social impact
Market expansion
Cost reduction
Explanation - Social entrepreneurship focuses on solving social problems and creating positive change rather than prioritizing profits.
Correct answer is: Social impact
Q.2 Which of the following is a characteristic of women entrepreneurs?
Focus only on profit
Greater risk aversion
No involvement in social causes
Avoidance of innovation
Explanation - Women entrepreneurs are often noted to be more cautious in risk-taking compared to men, though they also excel in innovation and management.
Correct answer is: Greater risk aversion
Q.3 Which sector commonly benefits from social entrepreneurship?
Healthcare
Luxury goods
Real estate speculation
Automobile racing
Explanation - Healthcare is a key sector where social entrepreneurs address unmet needs and bring affordable solutions.
Correct answer is: Healthcare
Q.4 Women entrepreneurship contributes significantly to:
Rural development
Only urban business growth
Industrial monopolies
Environmental degradation
Explanation - Women entrepreneurs often initiate enterprises that contribute to rural development and inclusive growth.
Correct answer is: Rural development
Q.5 Which organization often supports women entrepreneurs with microfinance?
IMF
World Bank
Grameen Bank
UNESCO
Explanation - Grameen Bank pioneered microfinance to empower women entrepreneurs in rural areas.
Correct answer is: Grameen Bank
Q.6 What distinguishes social entrepreneurs from traditional entrepreneurs?
They avoid innovation
They aim for personal wealth only
They prioritize social impact over profit
They operate only in rural areas
Explanation - Unlike traditional entrepreneurs, social entrepreneurs focus on creating sustainable social impact while still maintaining financial viability.
Correct answer is: They prioritize social impact over profit
Q.7 Which is NOT a barrier faced by women entrepreneurs?
Cultural stereotypes
Access to finance
Networking opportunities
Overabundance of government support
Explanation - Women entrepreneurs often lack government support, not face an excess of it, making it a barrier-free choice.
Correct answer is: Overabundance of government support
Q.8 A key feature of social enterprises is:
Exclusive focus on shareholder profit
Addressing societal issues
Avoiding community involvement
Export-oriented only
Explanation - Social enterprises exist primarily to address social and environmental challenges.
Correct answer is: Addressing societal issues
Q.9 Which type of entrepreneurship is most likely to promote gender equality?
Corporate entrepreneurship
Women entrepreneurship
Tech entrepreneurship
Lifestyle entrepreneurship
Explanation - Women entrepreneurship directly promotes gender equality by encouraging women’s participation in economic activities.
Correct answer is: Women entrepreneurship
Q.10 Who is often regarded as the pioneer of social entrepreneurship in microfinance?
Elon Musk
Muhammad Yunus
Jeff Bezos
Indra Nooyi
Explanation - Muhammad Yunus founded Grameen Bank and popularized microfinance as a tool for social change.
Correct answer is: Muhammad Yunus
Q.11 Which of these best describes a social entrepreneur?
Creates social impact while being self-sustainable
Works only for donations
Focuses purely on stock market profits
Runs charity without revenue
Explanation - A social entrepreneur balances impact with financial sustainability to ensure long-term change.
Correct answer is: Creates social impact while being self-sustainable
Q.12 Women entrepreneurs often strengthen:
Community development
Stock market speculation
Corporate monopolies
Luxury product marketing
Explanation - By starting grassroots businesses, women entrepreneurs often promote community development and empowerment.
Correct answer is: Community development
Q.13 Social enterprises are usually measured by:
Net profit
Shareholder dividends
Social return on investment
Number of branches
Explanation - Social enterprises assess their success by measuring the social outcomes relative to the resources invested.
Correct answer is: Social return on investment
Q.14 Which government initiative in India promotes women entrepreneurship?
Startup India
Beti Bachao Beti Padhao
Udyogini Scheme
Skill India
Explanation - The Udyogini Scheme was launched to provide financial support to women entrepreneurs in India.
Correct answer is: Udyogini Scheme
Q.15 A woman entrepreneur is best defined as:
Any woman who manages a household
A woman owning and managing a business enterprise
A woman investor in stock market
A woman holding a government job
Explanation - A woman entrepreneur refers to a female individual who owns and operates a business venture.
Correct answer is: A woman owning and managing a business enterprise
Q.16 Which area do social entrepreneurs usually focus on?
Education and skill development
High-end luxury items
Military equipment
Speculative trading
Explanation - Social entrepreneurs often work in education and skill training to uplift underprivileged communities.
Correct answer is: Education and skill development
Q.17 Which of the following is a challenge specific to women entrepreneurs?
Lack of innovation
Balancing family and business roles
Overfunding
Guaranteed success
Explanation - Women entrepreneurs often face challenges balancing household responsibilities with entrepreneurial ventures.
Correct answer is: Balancing family and business roles
Q.18 Which is an example of a social enterprise?
A café employing differently-abled staff
A luxury jewelry store
A private hedge fund
A multinational oil company
Explanation - This example reflects a business that combines commercial activity with social inclusion.
Correct answer is: A café employing differently-abled staff
Q.19 Which of these is a global network supporting women entrepreneurs?
WEConnect International
NATO
OPEC
FIFA
Explanation - WEConnect International helps women entrepreneurs connect with global business opportunities.
Correct answer is: WEConnect International
Q.20 Social entrepreneurship often helps in achieving:
UN Sustainable Development Goals
Higher luxury consumption
Corporate takeovers
Political dominance
Explanation - Social entrepreneurs actively contribute to achieving SDGs such as poverty reduction and gender equality.
Correct answer is: UN Sustainable Development Goals
Q.21 Women entrepreneurs are often concentrated in which sector?
Cottage industries
Aerospace
Heavy machinery
Military defense
Explanation - Many women entrepreneurs engage in small-scale cottage industries due to lower capital requirements.
Correct answer is: Cottage industries
Q.22 Which is the major motivational factor for social entrepreneurs?
Solving social problems
Accumulating wealth
Expanding global trade
Gaining political power
Explanation - The prime motivation of social entrepreneurs is solving societal challenges through innovative approaches.
Correct answer is: Solving social problems
Q.23 A major source of capital for women entrepreneurs in rural areas is:
Microfinance institutions
Foreign stock exchanges
Corporate mergers
Luxury brand sponsorships
Explanation - Microfinance provides small loans to women entrepreneurs in rural areas, enabling them to start small businesses.
Correct answer is: Microfinance institutions
Q.24 Which of the following is an impact of women entrepreneurship?
Gender empowerment
Increased inequality
Decline in employment
Reduced literacy
Explanation - Women entrepreneurship leads to gender empowerment by promoting equality and independence.
Correct answer is: Gender empowerment
Q.25 Which Indian woman entrepreneur is known for her contribution to biotechnology?
Kiran Mazumdar-Shaw
Indra Nooyi
Chanda Kochhar
Arundhati Bhattacharya
Explanation - Kiran Mazumdar-Shaw founded Biocon and is a pioneering woman entrepreneur in biotechnology.
Correct answer is: Kiran Mazumdar-Shaw