GU Entrepreneurship 2024 Question Paper [Gauhati University FYUGP B.Com 3rd Sem.]

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Gauhati University FYUGP NEP BCom 3rd Semester 

1 (Sem–3) BCM 02  

2024  

COMMERCE  

Paper: BCM 0300204  

(Entrepreneurship)  

Full Marks: 60  

Time: 2½ hours

The figures in the margin indicate full marks for the questions.  

Answer either in English or in Assamese.

1. Answer the following as directed: 1×8=8

(a) Which one of the following is not a trait of an entrepreneur?  

   (i) Vision  

   (ii) Conservatism  

   (iii) Innovation  

   (iv) Risk bearing  

   (Choose the correct answer)  

(b) The investment limit in plant and machinery or equipment for a small enterprise is ______.  

   (i) One crore rupees  

   (ii) Five crore rupees  

   (iii) Ten crore rupees  

   (iv) Fifty crore rupees  

   (Choose the correct answer)  

(c) PPP contracts decrease the quality and efficiency of public services. (State whether True or False)  

(d) A one page business plan is known as ______.  

   (i) Comprehensive plan  

   (ii) Business pitch  

   (iii) Business idea  

   (iv) None of the above  

   (Choose the correct option)  

(e) What is the MSME Public Procurement Portal called?  

   (i) MSME Sampark  

   (ii) MSME Samdesh  

   (iii) MSME Samjhauta  

   (iv) MSME Sambandh  

   (Choose the correct option)  

(f) Richard Cantillon coined the term 'intrepreneur'. (State whether True or False)  

(g) Write the full form of NSIC.  

(h) Every product or service is the outcome of an idea.  (State whether True or False)  

2. Answer briefly any six of the following questions: 2×6=12

(a) State the importance of creative behaviour in Entrepreneurship.  

(b) What is family business?  

(c) Mention two sources of business ideas.  

(d) Write down two features of Public Private Partnership.  

(e) Point out the importance of Micro, small and medium enterprises.  

(f) In what ways marketing assistance is provided to entrepreneurs by the government?  

(g) Write two contents of business plan.  

(h) What is an Industrial Estate Programme for entrepreneurs?  

(i) State two differences between entrepreneurship and intrapreneurship. 

(j) Mention two sources of finance for entrepreneurs.

3. Answer any four of the following questions: 5×4=20

(a) Write a short note on Test of Feasibility.  

(b) What are the barriers of entrepreneurship and how to overcome such barriers?  

(c) What is meant by angel investors? Discuss briefly the functions of angel investors.  

(d) Highlight a few prominent business houses in India and point out their business philosophy.  

(e) What is entrepreneurial eco-system? State few elements of an entrepreneurial eco-system.  

(f) Explain the types of Public-Private Partnership.  

(g) State the role of family businesses and business houses in India.  

(h) State the significance of business plan or project proposal.  

4. Answer any two of the following questions: 10×2=20

(a) Explain Business Incubators with examples. Also briefly state the role and functions of Business Incubators.  

(b) Highlight the reasons behind conflicts in family businesses. What strategies can be employed for conflict resolution in family businesses?  

(c) Explain any one theory of entrepreneurship. Discuss the role of entrepreneurship in economic development.  

(d) Discuss the private systems and public systems of support for entrepreneurship.  

(e) What is project appraisal? Discuss project appraisal by financial institutions.  

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