Opportunity brief
The Future Council × RANKUP presents Basics of Startup & Business, a beginner-friendly quiz specially designed for first-semester college students and freshers.
The quiz introduces participants to the fundamentals of startups, entrepreneurship, business models, popular consumer apps, Shark Tank terminology, and everyday business logic through simple and engaging multiple-choice questions.
Whether you are curious about how startups work, familiar with brands like Zomato, Blinkit, Swiggy, Spotify and OYO, or simply want to test your basic business knowledge - this quiz is for you!
Who Can Participate?
- First-semester college students
- College freshers
- Students interested in startups, business and entrepreneurship
- No prior business or entrepreneurship experience is required
Quiz Format:
- Total Questions: 20 MCQs
- Difficulty Level: Beginner
- Duration: 20–25 minutes
- Participation: Individual
- Mode: Online
- Questions will have four options, with one correct answer.
Topics Covered:
The quiz will cover basic concepts related to:
- Apps, Brands & Consumer Technology
- Startup & Entrepreneurship Basics
- Shark Tank & Pitch Terminology
- Business Models
- Basic Business & Profit Logic
- Everyday Economics & Business Concepts
- Marketing & Target Audience
- Common Startup Terms such as Unicorn, MVP, Bootstrapping and Pivot
Rewards & Recognition:
- Participation Certificates will be provided to eligible participants.
- Top-performing participants may receive special recognition based on their quiz performance.
Prize details, if confirmed, will be communicated through the official competition updates.
Rules & Guidelines:
- The quiz must be attempted individually.
- Participants should provide accurate registration information.
- Each participant should attempt the quiz only once.
- Participants must complete the quiz within the allotted time.
- Any form of unfair practice, impersonation, multiple submissions or attempt to manipulate the results may lead to disqualification.
- Participants are advised to ensure a stable internet connection before starting the quiz.
- The organizer's decision regarding eligibility, participation and final rankings will be final.
- Certificates will be issued according to the organizer's eligibility and participation criteria.
Why Participate?
This quiz is an opportunity for freshers to:
- Understand the basics of how startups and businesses operate
- Learn commonly used business and startup terminology
- Test their everyday business knowledge
- Compete with fellow students
- Earn recognition and a certificate of participation
Think You Know Business?
From quick commerce and Unicorns to Shark Tank pitches and MVPs, put your basic startup and business knowledge to the test!
Participate. Learn. Compete. Rank Up.