SCHOOL OF COMMERCE & MANAGEMENT

DEPARTMENT OF COMMERCE - B.COM (H)

QUESTION BANK – END SEMESTER – IV (2022-25)

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 COST ACCOUNTING

I. Very Short Answer Type Question (Each Question carries of 2 marks)

1. What type of incentive plan is the Halsey plan?
2. What is the primary objective of Taylor's differential piece-rate system?
3. Overheads incurred in the production process are classified under which category?
4. Which of the following information is typically recorded on a bin card?
5. What is the objective of focusing on "A" items in ABC analysis?
6. Process cost is based on the concept of which cost?
7. What is the primary goal of EOQ analysis?
8. Contract costing is a variant of which type of costing?
9. What is Prime Cost?
10. What is labor turnover?
11. What is Joint product and By product?
12. What is Piece rate system?
13. What do you understand by normal wastage?
14. What do you mean by overheads?
15. What is complete contract?

II. Short Answer Type Question (Each Question carries of 7 marks)

1. Two components A and B are used as follows:
Normal usage: 60 per week each
Minimum usage: 30 per week each
Maximum usage: 90 per week each
Re - ordering quantity: A – 500; B- 800
Re - ordering period: A - 3 to 5 weeks; B - 2 to 4 weeks

Calculate for each component:

i. Re-ordering level
ii. Minimum level
iii. Maximum level
iv. Average stock level

2.Prepare a stores ledger under the LIFO method of pricing the issues of stores, using the
following information:

2010 units
Jan 01 Balance in hand @ Rs. 1.10 per unit 100
Jan 02 Received @ Rs. 1.20 per unit 200
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 Jan 10 Issued 150
Jan 14 Received @ Rs. 1.30 per unit 100
Jan 18 Issued 150
Jan 23 Returned from the issueson 10th Jan 20
Jan 26 Received @ Rs.1.20 per unit 100
Jan 30 Wastage 10
Jan 31 Issued 110
3. What is costing? Explain classification of costs based on functions or activities
performed in an organization.
4. Explain different methods of inventory control or management usually undertaken by an
organization.
5. The standard time allowed to complete a job is 100 hours and the hourly rate of
wage payment is Rs. 5. The actual time taken by the worker to complete a job is 80
hours.Calculate the total wages of the worker on the basis of:

i. Time Rate ii. Piece Rate

iii. Halsey Plan iv. Rowan Plan

6. Calculate the comprehensive Machine Hour Rate from the following particulars:

Cost of machine Rs.150000

Estimated scrap value Rs.24000
Estimated life 10 years
Number of working hours per annum( including 100 hours for
repair) 1900
Diesel oil consumption per hour of run 2 litres at Rs.3
per litre
Insurance 1% p.a. on
capital cost
Repair and maintenance Rs. 5400 p.a.
Wages of operator Rs. 4 per hour
General overheads related to the machine Rs. 3900 p.a.

A loan of Rs. 90000 @ 10% p.a. interest had been taken to meet the purchase price
of the machine, partly.

7. Explain the meaning of Contract costing. What is the distinction between job costing and
contract costing?
8. The product of a manufacturing concern passes through two processes A and B and
then to Finished stock. It is ascertained that in each process normally 5% of total weight
is lost and 10% is scrap which from processes A and B realises Rs 80 per ton and Rs. 200
per ton , respectively.

The following are the figures relating to both the processes:

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 Process A Process B
Materials in tons 1000 70
Cost of materials
(in rupees per ton) 125 200
Wages in rupees 28000 10000
Manufacturing expenses 8000 5250
Outputs in tons 830 780

Prepare Process Accounts showing cost per ton of each process. There was no stock or work
in progress in any process.

9. A product is completed in three consecutive processes. During a particular month the input to
Process 1 of the basic raw material was 5,000 units at 2 per unit. Other information for the month
was as follows:

Process 1 Process 2 Process 3

Output (Units) 4,700 4,300 4,050
Normal loss as % of input 5% 10% 5%
Scrap value per unit (Rs.) 1 5 6
Direct wages (Rs.) 3,000 5,000 8,000
Direct expenses (Rs.) 9,750 9,910 15,560
Overhead 32,000 total, chargeable as percentage of direct wages. There were no opening or
closing workin-progress stocks. Compile three process and finished stock account with
details of abnormal loss and gain, where applicable.

10. Distinguish between: Cost Allocation and Cost Apportionment.

11. What is an overhead? State the classifications of overheads and the basis of their usual
apportionment.
12. The extracts from the payroll of M/s. Maheswari Bros. is as follows:-
Number of employees at the beginning of 2015 150
Number of employees at the end of 2015 200
No. of employees who resigned 20

No. of employees who was discharged 5

No. of employees replaced due to resignation and discharges 20

Calculate the Labour Turnover Rate for the factory by different methods.

13. What are the different basis of classification of overheads?

14. What is operating Costing? What are the uses of preparing operating costing? In which sector it
is used?
15. An article passes through three processes of manufactures. From the following figures prepare
process account showing the cost of each of the three processes during the month of March 2021:
Particulars Processes
No. 1 No. 2 No.
3
Materials used 15,000 5,000 2,0
00
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 Labour 8,000 20,000 6,0
00
Direct 2,600 7,200 2,5
Expenses 00
The indirect expenses, amounting to Rs. 8,500 may be apportioned on the basis of wages.
No account needs to be taken of stocks in hand and work-in-progress at the beginning and
close of the month. The number of articles produced during the month was 240
16. In a factory piece rate is 20% higher than time rate. Time rate is Rs. 5 per hour. Standard output
per hour is 12 articles. In 10 hours, A made 192 articles and B 180 articles. Find out A’s and B’s
piece rate wages.
17. What do you understand by cost reconciliation statement? Why it is prepared?

18. From the following information prepare store ledger accounts by FIFO method.
Date Receipts Issues
2 March 2023 300 Units @ 5 ---
5 March 2023 400 Units @ 6 ---
10 March 2023 ---- 300 Units
12March 2023 500 Units @7 ---
17March 2023 ---- 200 Units
20 March 2023 ---- 350 Units
22 March 2023 100 Units

19. What do you mean by Cost Sheet? What are its various types? Explain in Brief
20. Prepare cost sheet by the following information and determine profit for the year.
Opening stock of material 30,000 Closing stock of material 25,000 Purchase of material
50,000 Direct wages 25000
Factory overhead 40,000 office & administration overheads are 25% of factory cost, selling
& distribution overheads are 10% of C.O.P. opening & closing stock of F.G. are 20,000 and
30,000 respectively. Profit is 10% of total cost.
21. From the following information calculate wages by Halsey & Rowan method. If Standard time for
the work is 50 hours & Bonus under Halsey scheme is 50%.
Worker Hourly Rate (In Rs.) Time Taken (In Hours)
A 10 30
B 10 35
C 10 40
D 10 50

22. What do you mean by cost Accounting? How is it differ with financial Accounting?
23. What is contract account? Why it is prepared?
24. How does cost control differ with cost reduction?
25. Difference among job, batch and contract costing.

III. Long Answer Type Question (Each Question carries of 15 marks)

1. From the following particulars relating to a contract, prepare i. Contract Account , ii.
Contractee’s Account

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 Material sent to site Rs.85349
Labour engaged on site Rs. 74375
Plant installed at cost Rs. 15000
Direct Expenditure Rs. 4126
Establishment Charges Rs. 3167
Material returned to stores Rs. 549
Work certified Rs. 195000
Cost of work not certified Rs. 4500
Material on hand Dec 31 Rs.1883
Wages Accrued Dec 31 Rs. 2400
Direct Expenditure Accrued on Dec 31 Rs. 240
Value of Plant Dec 31 Rs. 11000

The contract price has been agreed at Rs. 250000.

Cash has been received from the contractee amounting to Rs. 180000.

2. Bombay Manufacturing company submits the following information on 31-3-2019:

Sales for the year Rs. 2,75,000
Inventories at the beginning of the year-
- Raw Materials Rs.3,000
- Work in Progress Rs.4,000
- Finished Goods RS.1,10,000
Purchase of materials Rs.65,000
Direct Labour Rs.6,000
Inventories at the end of the year -
- Raw Materials Rs. 4,000
- Work in Progress Rs. 6,000
- Finished Goods Rs.8,000
Other expenses for the year –
Selling expenses Rs. 27,500
Administrative expenses Rs. 13,000
Factory overheads Rs.40,000
Prepare Statement of cost.

3. From the following particulars prepare a Cost Sheet for the month of Jan 2021:

Stock on 01.01.2021:
-Raw material = Rs.1200
-Work in progress = Rs. 3100
-Finished Goods = Rs. 6700
Stock on 31.01.2021:
- Raw Material = Rs. 1500
- Work in progress= Rs. 4000
- Finished Goods = Rs. 3800
Raw Material Purchased = Rs. 20800
Carriage on Purchase = Rs. 600
Sale of Finished Goods = Rs.60000
Direct wages = Rs. 15300
Non – productive wages = Rs. 300
Chargeable expenses = Rs. 700
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 Factory overheads = 33.33% of wages
Office overhead = Rs. 2700
Selling Overhead = Rs. 2800

4. “Cost accounting has become an essential tool of management “: Give your

comments on the statement.
5. State with suitable examples what do you understand by the following : a. Fixed
overhead; b. Variable overhead; c. Semi- variable overhead.
6. What do you mean by inventory Control? What are its different techniques?
7. What is E.O.Q.? What are the various methods of determining it? Explain the factors
affecting it.
8. The enterprising contractors ltd. Having an authorised capital of Rs. 90,000 divided into
400; 6% cumulative pref. shares of 100 Rs. Each and 5,000 Equity shares of Rs. 10 each
commenced operation on 1st April 2022 and during 2022-23 were engaged on one contract
of Rs. 4,00,000. The trial balance extracted from their books on 31st march, 2009 stood as
follows:

Rs. Rs.
Share Capital: 40,000
Preference- Fully paid
40,000
Equity: Rs. 8 paid
Sundry Creditors 8,000
Land and Building 34,000
Cash at Bank 9,000
Contract Account:
Materials 75,000
Plant 20,000
Wages 1,05,000
Expenses 5,000
Cash Received, Being 1,60,00
80% of work certified 0
2,48000 2,48,00
0

Of the plant and materials charged to the contract, plant costing Rs. 3,000 and materials costing Rs.
2,400 were destroyed by an accident. On 31st March plant Costing Rs. 4,000 was returned to store,
value of materials on site was Rs. 3,000 and cost of work done but not certified was Rs. 2,000.
Charge Depreciation @10 % on plant. Prepare contract account.

9. What is process Costing? Where is it used? Why Is it needed?

10. The following figures taken from the Cost Account of a manufacturer are in respect of the
month March, 2023. You are required to draw up a statement showing (a) Cost of Production (b)
Cost of Goods sold (c) Cost of sales:
1st march 31st march
Stock; Raw material 60,000 55,000
Purchased material 40,000
Work-in-progress 45,000 30,000
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Finished Goods 50,000 45,000
Wages 25,000
Direct Expenses 70,000
Printing 2,000
Rent of factory 12,000
Rent of Office 3,000
Lighting 7,000
Work Overheads 12,000
Store expenses 5,000
Office staff salary 12,000
Carriage inward 6,000
Salesman commission 10,000
Selling expenses 15,000
Delivery van charges 6,000

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 FINANCIAL MANAGEMENT

I. Very Short Answer Type Question (Each Question carries of 2 marks)

Q1) Define Financial Management.
Q2) What is the wealth maximization objective in financial management?
Q3) What do you mean by dividend decision?
Q4) Calculate the future value for Rs. 20,000 , deposited in a bank for a period of five years earning
12% p.a. Disc. Factor= 1.762.
Q5) Define the concept of leverage.
Q6) Compute operating leverage from the following data:
Sales 500,000 units @ Rs. 10/unit
Variable Cost Rs. 3.50 per unit
Fixed Cost Rs. 500,000
Interest Charges Rs. 20,000
Q7) What is a Preference Share?
Q8) What is management of working capital?
Q9) Give some suitable examples of receivables.
Q10) What is an ideal dividend policy?
Q11) why there is a time preference for money?
Q12) What is cash management?
Q13) What is capital structure?
Q14) Mention in detail the concept of Weighted Average Cost of Capital (WACC).
Q15) What is inventory management?

II. Short Answer Type Question (Each Question carries of 7 marks)

Q1) What is the role of financial manager in any organization
Q2) Explain some of the discounted techniques in capital budgeting.
Q3) What is the importance of cost of capital?
Q6) A company is expected to pay a dividend of Rs. 6 per share next year. Dividend for the
particular share is expected to grow perpetually at a rate of 9%. What is the value of its share if the
required rate of return is 15%?
Q7) Mr. X is required to pay five equal annual payments of Rs 10000 each in his deposit account
that pays 10% interest per year. Find out the future value of annuity at the end of five year.
Q8) Write down some of the practical applications of Time Value of Money.

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Q9) Mr. J has taken a 3 year loan of Rs. 10,000 @ 9% from his employer to buy a motorcycle. If
the employer requires three equal end of year repayments , then calculate the annual instalment
when present value for the first, second and third years are 0.917, 0.842 and 0.772 respectively.
Q10) H M Ltd. has a net operating income of Rs. 200,000 and investment of Rs. 10,00,000 in
assets. Using the Net Income approach and an equity capitalization rate of 20% , compute the value
of the firm if it has 2:3 as debt equity ratio. Assume 10% as rate of interest on debt component and
zero tax rate.
Q11) How does efficient working capital management impact a company's profitability?
Q12) Explain the Payback Period method of capital budgeting in detail.
Q13) List out the differences between Net Present Value (NPV) and Internal Rate of Return (IRR).
Q14) What are the compounding and discounting techniques used for the calculation of time value
of money?
Q15) A Ltd issued a new 10% debenture of Rs. 1000 face value to be redeemed after 10 years.
Flotation cost amount to 4%. Calculate the cost of debt capital (before and after tax) assuming that
the debt is at (i) at par (ii) 10% discount and (iii) 10% premium. Tax rate is 50%.
Q16) What are the different strategies for managing accounts receivable effectively?
Q17) What are the different factors influencing management of working capital?
Q18) Discuss the criticisms and limitations of the MM
Approach dividend policy.
Q19) Why Inventory Management is important to any organization?
Q20) What are the constituents of a good dividend policy?
Q21) What are the factors that affect the Cost of Capital for a firm? How does each factor
contribute to the overall cost?
Q22) Explain the functions of Financial Management in details.
Q23) What are the underlying assumptions of this MM theory, and how does it contribute to our
understanding of dividend irrelevance in a perfect capital market?
Q24) Find out the present value of an annuity of Rs. 800 received annually for 4years, when
discounting factor is 10%.
Q25) Assume that a deposit is to be made at year zero into an amount that will earn 8%
compounded annually. It is desired to withdraw Rs.5000 three years from now and 7000 six years
from now. What is the amount of the year zero deposit that will produce these future payments?

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III. Long Answer Type Question (Each Question carries of 15 marks)

Q1) Define Financial Management. What are the scope and objectives of Financial Management
Q2) Explain the concept of Present Value, Annuity and Perpetuity in detail.
Q3) Ananya Ltd Co. is considering to purchase two machine A and B each costing Rs. 100000.
Earning after taxation are expected to be as follows:
Cash Flow
Year Machine A Machine B
1 25000 15000
2 20000 35000
3 35000 25000
4 25000 40000
5 30000 30000
Evaluate the two alternative according to:
I. Payback period method
II. ARR
III. NPV
IV. PI
A discount rate of 10% is to be used.
Q4) “Working Capital to a business is what blood circulation is for human body”. Explain.
Q5) Following is the information of Raj Industries Limited , Akola for the year 31st March, 2018.
The company plans to sell 50,000 units in the year 2018-2019. The expected cost of goods sold is
as below:
Particulars Rs. (per unit)
Raw Material 150
Manufacturing Expenses 50
Selling administration and financial exp. 30
Selling Price 300

The duration at various stages of the operating cycle is expected to be as below:

Raw material stage 4 months
Work in progress stage 2 months
Finished good stage ¾ months
Debtors stage 2 months
Assuming that the monthly sales level of 1,500 units, estimate the gross working capital. Expected
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cash balance is 6% of the gross working capital and work in progress is 20% complete with respect
to manufacturing expenses. Calculate the working capital requirement.
Q6) Discuss the different types of dividends in detail.
Q7) Explain MM approach of dividend policy in detail.
Q8) How can a company negotiate favorable payment terms with suppliers to enhance working
capital management?
Q9) Explain two important theories of capital structure in detail.
Q10) How does a company’s capital structure impact its cost of capital?
How do investors perceive a company’s cost of capital when making investment decisions?

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 BUSINESS ETHICS

I. Very Short Answer Type Question (Each Question carries of 2 marks)

1. Define "Ethics in Business".

2. What is the nature of Business ethics?

3. Name two sources of ethics.

4. What is utilitarianism?

5. Explain the principles of right and justice.

6. What is the trusteeship theory of Mahatma Gandhi?

7. Define "unethical behaviour".

8. How do you establish priority between norms and beliefs?

9. What are the ethical responsibilities of Senior Management?

10. Why should businesses assure Social Responsibility?

11. What is corporate governance and why is it important?

12. What are moral standards in ethical decision making?

13. Explain the concept of consequentiality.

14. Define corporate governance.

15. What are the ethical implications of stakeholder engagement in business?

II. Short Answer Type Question (Each Question carries of 7 marks)

1. What are values? Define types of values.

2. What is the importance of trusteeship in modern business?

3. What are the ethical responsibilities of senior management within an organization?

4. Discuss the relevance of right and justice principles in ethical business practices.

5. Discuss the significance of stakeholder engagement in corporate governance practices

6. Define business ethics and explain its importance in organizational context.

7. Discuss the reasons for the recent surge in interest in corporate governance practices.

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8. Discuss the concept of moral standards and its significance in ethical decision-making in

business.

9. What are the sources of ethics? Give a brief description.

10. Discuss the relevance of right and justice principles in ethical business practices.

11. With the help of diagram explain how organization shape their ethical conduct.

12. Explain the conditions necessary for making codes of ethics effective in an organization.

13. Explain value & compliance-based code of ethics.

14. Explain the consequentiality and non-consequentiality principles in ethical decision-making.

15. What role do myths play in shaping perceptions about ethics in business?

16. ‘Ethics is greater than Law’. Elaborate.

17. What are the essential features of a code of ethics in an organization?

18. List down the importance of business ethics.

19. What are some common ethical dilemmas faced by businesses in today's globalized and
Inter connected world?
20. Examine the role of leadership in fostering an ethical organizational culture.

21. Discuss the importance of values in formulating an ethical organization.

22. Explain Archie Carroll’s CSR pyramid with a diagram.

23. What role do regulatory bodies such as SEBI and CII play in promoting ethical standards and
corporate Governance in India?
24. Explore the challenges and opportunities of implementing corporate social responsibility.

25. Explain the concept of egoism and its implications for ethical decision-making in business.

III. Long Answer Type Question (Each Question carries of 15 marks)

1. How does corporate social responsibility contribute to long-term business success? Provide

two examples.

2. Evaluate the role of whistle-blowers in exposing unethical behaviour within organizations.

3. Briefly explain the concept of corporate social responsibility (CSR) and its historical

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 background.

4. With proper reference to the real world, explain deontological & teleological theories.

5. Discuss the various sources of ethics that influence decision-making in business, Provide

examples to illustrate.

6. What are the three elements of Indian ethos? Explain with proper examples.

7. Write a brief note on ‘Ethics in Finance & Marketing.

8.Evaluate the strategies companies can implement to balance profitability with environmental

Sustainability.

9. What is corporate governance? Provide reasons for the growing importance of corporate

Governance.

10. Describe the trusteeship theory proposed by Mahatma Gandhi and its relevance in modern
business.

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 RESEARCH METHODOLOGY

I. Very Short Answer Type Question (Each Question carries of 2 marks)

1. What do you understand by Research? Explain its importance.
2. What are the features of a good research design?
3. Give difference between Research and Research Methodology.
4. Give difference between Probability and Non-Probability Sampling.
5. Explain the difference between Null Hypothesis and Alternative Hypothesis.
6. Explain in detail Type I Error and Type II Error.
7. What are the criteria of a good research?
8. Give difference between Primary and Secondary Data.
9. Explain Coding in Data Preparation process.
10. Explain the types of Variables with examples.
11. What is the purpose of a literature review in research methodology?
12. Define the term "sampling" in research methodology.
13. Briefly explain the concept of sampling in research methodology.
14. What are the key components of a research proposal?
15. Describe the role of a research question in shaping a research study.

II. Short Answer Type Question (Each Question carries of 7 marks)

1. What is Research Problem?

2. Differentiate between Questionnaire and Schedule

3. “Research Design in exploratory studies must be flexible but in descriptive studies, it must
minimize bias and maximize reliability.” Discuss
4. What is Research Design? Discuss the basis of stratification to be employed in sampling
public opinion on inflation.
5. What is Sample Design? What are the main steps of sampling design?

6. Explain in detail Probability and Non-Probability Sampling.

7. Describe qualitative and quantitative measures with examples.

8. Discuss the four types of measurement scales.

9. Explain in detail the types of Research.

10. What are the problems encountered by Researchers in India?

11. Define the term "research design" and explain its significance in a research study.
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 12. Discuss the importance of defining research objectives and hypotheses in a research study.
13. What is the role of data collection methods such as surveys, interviews, and observations in
research?
14. How do researchers ensure the reliability and validity of their research findings?
15. Discuss the significance of presenting research findings effectively through reports,
presentations, or publications.
16. Define 'validity' and 'reliability' in the context of research.
17. What role does an ethic play in research methodology?
18. How does statistical analysis contribute to research findings?
19. What ethical considerations should researchers keep in mind during their studies?
20. How do you analyze data collected during research?

21. How do you select a research design for a business study?

22. What are the limitations of research methodology in business studies?
23. How does the choice of research design impact the outcome of a study in business research?
24. Discuss the differences between descriptive and inferential statistics.
25. What are the different types of research designs commonly used in business research?

III. Long Answer Type Question (Each Question carries of 15 marks)

1. What are the techniques of measurement scales?

2. Briefly describe the steps in research process.

3. Explain the Itemized Rating Scale.

4. What are the methods of collecting Primary and Secondary Data?

5. Why tabulation is considered essential in research study? Narrate the characteristics of a

good table.

6. When is median preferred over mean to represent a set of values? Give example

7. Explain the requirement of a measure of dispersion.

8. What is a Hypothesis? What characteristics it must possess in order to be a good research

hypothesis?
9. Explain the Measures of Central Tendency.

10. Explain the difference between Correlation and Regression Analysis.

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 ENTREPRENEURSHIP DEVELOPMENT

I. Very Short Answer Type Question (Each Question carries of 2 marks)

1. What is the primary motivation of angel investors?
2. What is the primary objective of venture capital firms?
3. What is the role of NIESBUD in India?
4. Why is entrepreneurship important in the economy?
5. What does "opportunity recognition" refer to in entrepreneurship?
6. Which sector typically benefits the most from entrepreneurship in terms of job creation?
7. What is the primary objective of the Entrepreneurship Development Institute (EDI)?
8. What stage of a company's development do business angels usually invest in?
9. Who is an Entrepreneur?
10. What is the difference between an Entrepreneur and a Businessman?
11. What is IPR?
12. What is SWOC and SWOT?
13. What is the difference between a Red Ocean Strategy and a Blue Ocean Strategy?
14. Give the full form of DIC, IDBI, SIDBI and MSME?
15. What is PMMY and CGTMSE?

II. Short Answer Type Question (Each Question carries of 7 marks)

1. Differentiate between Angel investors and Venture capitalists stating suitable examples.
2. Discuss the role of DIC’S in promoting entrepreneurial decision making.
3. Briefly discuss the causes of sickness in small industries.
4. Discuss the role of EDI in entrepreneurship promotion and development.
5. What is NIESBUD? Explain its role.
6. Describe the different steps involved in project generation and identification.
7. Briefly discuss the nature and importance of entrepreneurs in India.
8. What are the different sources of business ideas generation?
9. Why do we study Entrepreneurship?
10. Can creativity be taught or cultivated, or is it an innate trait in entrepreneurs?
11. How does a lack of creativity hinder entrepreneurial success, and what can be done to
overcome it?
12. What is a Business Plan? Explain its significance.
13. What are the 4 major types of businesses with respect to the size of business?
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 14. What is Entrepreneurship?
15. What is the difference between an entrepreneur and a manager?
16. What is the difference between DIC and NSIC?
17. What are the different types of entrepreneurship prevalent in India?
18. What is Make in India? What all benefits can an entrepreneur get from the scheme?
19. What is Intrapreneurship? Elaborate
20. What are the different schemes by Govt of India to support Entrepreneurship in India?
21. What are the different phases of Entrepreneurship or a startup?
22. What are the challenges faced by a startup?
23. What is the role of an “incubation center” in fostering entrepreneurship?
24. What is social entrepreneurship? Explain in detail.
25. What are the emerging sectors attracting entrepreneurs in India?

III. Long Answer Type Question (Each Question carries of 15 marks)

1. Describe the process of idea generation in entrepreneurship, emphasizing the role of

creativity in identifying market opportunities, solving problems, and meeting unmet needs.
2. Enumerate the role of an entrepreneur in economic development.
3. Discuss the role of financial planning in mitigating financial risks and uncertainties for
businesses. Explain how risk assessment, insurance planning, and contingency planning are
integrated into a comprehensive financial plan to safeguard against unexpected events and
crises.
4. Explain different sources of capital available for the financing of a new venture.
5. How important is building a strong founding team for the success of a startup, and what
qualities should founders look for in potential team members?
6. What is the role of Technology in Entrepreneurship Development in India?
7. What is the role of Entrepreneurship in a Circular Economy?
8. How can India bridge the Gender Gap and empower more women to become successful
entrepreneurs?
9. How can access to clean energy sources empower sustainable entrepreneurship specifically
in rural areas?
10. How can impact investing support the growth of sustainable startups?

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