Which of the following statement is true about entrepreneurship?
1. A lot of money is needed to start an entrepreneurial venture.
2. Entrepreneurial ventures are mostly successful.
3. Entrepreneurial ventures are easy to start.
4. Most entrepreneurial ventures end up as failures.
| Topic | Entrepreneurship Skills |
| Type | MCQ answer type |
| Class | 10 |
1 Answer
The correct answer is Option 1.
Explanation:-
Raising the necessary funds is very difficult for an entrepreneur. A business can be started with limited money. For example, Infosys Technology was started with only `10,000. In the beginning, you can hire space and equipment. Thus, a lot of money is required to start an entrepreneurial venture.
Study more about Entrepreneurship Skills at Entrepreneurial skills Class 10