Practice Funding and Financial Literacy - 4.6 | 4. Entrepreneurial Skills – IV | CBSE Class 12th AI (Artificial Intelligence)
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4.6 - Funding and Financial Literacy

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Learning

Practice Questions

Test your understanding with targeted questions related to the topic.

Question 1

Easy

What is self-funding?

💡 Hint: This type of funding does not involve any external investors.

Question 2

Easy

Name one source of funding for a startup.

💡 Hint: These are often the first source of financial support.

Practice 4 more questions and get performance evaluation

Interactive Quizzes

Engage in quick quizzes to reinforce what you've learned and check your comprehension.

Question 1

What is one common source of funding for startups?

  • Angel Investors
  • Public Funding
  • Governing Bodies

💡 Hint: Consider individual investors that might be interested in new ventures.

Question 2

True or False: Financial literacy is not necessary for entrepreneurs.

  • True
  • False

💡 Hint: Think about the skills necessary for handling finances.

Solve 2 more questions and get performance evaluation

Challenge Problems

Push your limits with challenges.

Question 1

You are starting a new tech innovation company and have different funding options available: family loans, bank loans, or seeking venture capital. Which would you choose and why? What potential impacts could your choice have on your business ownership?

💡 Hint: Consider the balance between control and financial support.

Question 2

Discuss how poor financial literacy can lead to the failure of a startup. Give examples of aspects that entrepreneurs might overlook when they are not financially literate.

💡 Hint: Reflect on key concepts of effective financial management.

Challenge and get performance evaluation