Identify from the options given below, the competency of an entrepreneur, which focuses on "observing the symptoms, diagnosing and curing".
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → Problem-solving
Option (1) Problem-solving — Correct. Problem-solving is one of the competencies (abilities) of an entrepreneur. It means “observing the symptoms, diagnosing and curing”. This is what a doctor does: see the signs of a problem, find its cause, and then fix it.
Option (2) Self-confidence — Incorrect. Self-confidence means not being afraid of the risks of business and trusting one’s own abilities.
Option (3) Persistence — Incorrect. Persistence is a ‘never say die’ attitude: not giving up easily and trying until success comes.
Option (4) Assertiveness — Incorrect. Assertiveness means telling others one’s vision firmly and convincing them of its value.
Note: This question is from the chapter Entrepreneurship Development, which is not in the current NCERT book (2026-27). The chapter is in the pre-rationalised NCERT, from which the extract below is taken. NCERT (Pre-rationalised Edition):
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