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360+ Entrepreneurship Development (ED) Solved MCQs

These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Business Administration (BBA) , Bachelor of Banking and Insurance (BBI) , Bachelor of Commerce (B Com) , Bachelor Multimedia Communication (BMMC) , Bachelor of Arts in Multimedia (BA Multimedia) .

351.

State Industrial corporations engage in the development of__________.

A. industrial estates.
B. institutional estates.
C. individual investors.
D. agricultural entrepreneurs.
Answer» A. industrial estates.
352.

SIDBI was set up as a subsidiary of_________.

A. IDBI.
B. IFCI.
C. ICICI.
D. SFC
Answer» A. IDBI.
353.

Which of the following is a function of SIDBI?

A. Extension of seed capital.
B. Discounting of bills.
C. Providing factoring services.
D. All of the above
Answer» D. All of the above
354.

A provisional SSI registration certificate is valid for a period of __________.

A. four Years.
B. three Years.
C. two Years.
D. one year.
Answer» D. one year.
355.

DGTD stands for __________.

A. Directorate General of Technical Development.
B. District General of Technical Development.
C. District General of Taxation Deduction.
D. Directorate General of Taxation Deduction
Answer» A. Directorate General of Technical Development.
356.

National Alliance of Young Entrepreneurs (NAYE) Sponsored an Entrepreneurial Development scheme with Bank of India in______________.

A. January 1920.
B. August 1920.
C. January 1972.
D. August 1972.
Answer» D. August 1972.
357.

The application for registration of a small scale unit should be submitted to the _______ .

A. General manager, DIC.
B. Director, DIC.
C. General manager. NSIC.
D. Director, NSIC.
Answer» A. General manager, DIC.
358.

District Industries Centres are located ____________.

A. in each district.
B. in each state.
C. only in selected districts.
D. only in selected states
Answer» A. in each district.
359.

The purpose of soft loan scheme is to encourage units to undertake ___________.

A. modernization of plant and machinery.
B. replacement of plant and machinery.
C. renovation of plant and machinery.
D. all the above
Answer» D. all the above
360.

EXIM bank is a __________.

A. State-level institution.
B. Regional -level institution.
C. All India institution.
D. International institution.
Answer» C. All India institution.
361.

DIC is headed by General Manager in the rank of ___________.

A. Joint Director of industries.
B. Assistant Director of industries.
C. Non-departmental officer.
D. Departmental officer.
Answer» A. Joint Director of industries.
362.

Under Net Terminal Value Method, reject a project if it’s NTV is………………..

A. higher
B. lower
C. negative
D. positive
Answer» C. negative

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