MSD/2021-22/XII/EP /Term 1 /SET-A/AK/PG- 1 OF 3
SET-A
SUBJECT CODE:066
Entrepreneurship
Marking Scheme
SECTION A
1 a. problem 1
2 b. partnership 1
3 d. interest rates 1
a.4 c. implied authority 1
b.
5 c. setting up a project and nurturing it to success. 1
6 c . the Indian partnership act,1932 1
7 c. Service sector 1
8 d. both (a) and (c) 1
9 b. talk trends 1
10 d. implementation 1
11 c. proforma income statement 1
12 b. environment scanning 1
13 b. human resources 1
14 b. macro 1
15 a. market segmentation 1
16 d. creating, developing and communicating 1
17 b. marketing 1
MSD/2021-22/XII/EP /Term 1 /SET-A/AK/PG- 2 OF 3
18 c. idea field 1
19 c. karta 1
20 c. statement 1 is false and statement 2 is true 1
21 c. shareholders 1
22 b. partnership 1
23 b. certificate of incorporation, certificate to commence business 1
24 b. statement 1 is false, statement 2 is true 1
Section B
25 c. potential for future growth 1
26 b. rs. 80 1
27 c. rs. 2,80,000 1
28 d. 1000 units 1
29 c. i-a, ii-c 1
30 a. rs.878.25 1
31 c. Trend spotting 1
32 b. variable 1
33 c. operational 1
34 d. identifying threats and opportunities 1
35 c. A-iii, B-I, C-iv, D-ii 1
36 a. consumer 1
37 a. A is true but R is false 1
38 b. existing products and services 1
39 b. holding of a statutory meeting or filing a statutory report not required. 1
40 b. Varun be admitted to the firm only to share benefits of a firm. 1
41 b. process of creativity 1
MSD/2021-22/XII/EP /Term 1 /SET-A/AK/PG- 3 OF 3
42 c. company 1
43 c. social environment 1
44 b. The firm cannot apply for GST number 1
45 c. prohibits any invitation to the public to subscribe for securities of the company. 1
46 a. Manufacturing 1
47 b. organisational plan 1
48 d. both(a) and (b) 1
Section C
49 a. ability to perceive and preserve the basic 1
50 a. the rate of return on the investment has to be attractive 1
51 d. any of the above 1
52 c. environment scanning 1
53 b. private limited company 1
54 b. a pitch deck with oral narrative 1
55 c. social 1
56 c. production plan 1
57 c. environment scanning 1
58 b. sole proprietorship 1
59 c. Illumination 1
60 c. operational plan 1