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390+ Entrepreneurship 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 Commerce (B Com) .

351.

Venture Capital is the money provided by an outside investor to finance

A. a new business,
B. a growing business
C. troubled business.
D. All of the above
Answer» D. All of the above
352.

Methods of Venture Capital financing includes

A. Equity
B. Equality
C. troubled business.
D. None of the above
Answer» A. Equity
353.

The full form of MSME is

A. Mini, small and Medium Enterprise
B. Micro, small and Medium Enterprise
C. Micro, small and Moderate Enterprise
D. Mini, small and Many Enterprise
Answer» B. Micro, small and Medium Enterprise
354.

The Manufacturing Enterprise are defined in terms of

A. investment in Agriculture
B. investment in Services
C. investment in Plant & Machinery.
D. Infrastructure in Plant & Machinery.
Answer» C. investment in Plant & Machinery.
355.

In investment in plant and machinery , Small Scale Enterprise

A. Must be between 5 lakh rupees but does not exceed 25 lakhs rupees
B. Must be between 25 lakhs rupees but does not exceed 5 crore rupees
C. Must be between 30 lakhs rupees but does not exceed 10 crore rupees
D. Must be between 2 lakhs rupees but does not exceed 5 lakhs rupees
Answer» B. Must be between 25 lakhs rupees but does not exceed 5 crore rupees
356.

Pradhan Mantri MUDRA Yojana (PMMY) provides loans upto

A. 5 lakhs
B. 10 lakhs
C. 15 lakhs
D. 20 lakhs
Answer» B. 10 lakhs
357.

There are two important sources of entrepreneurial finance, one is

A. Internal funding
B. External funding
C. Owners‟ Equity
D. Both (b) and (c)
Answer» D. Both (b) and (c)
358.

Small Industries Extension training Institute (SIET) launched a programme for starting industrial entrepreneurs in

A. 1964
B. 1974
C. 1984
D. None of the above
Answer» B. 1974
359.

SIET is one of the earliest institution in the country started at

A. Mumbai
B. Chennai
C. Hyderabad
D. Delhi
Answer» C. Hyderabad
360.

In India, participation of women in industrial entrepreneurial sector has commenced from

A. 1960‟s onward
B. 1970‟s onward
C. 1980‟s onward
D. 1990‟s onward
Answer» B. 1970‟s onward
361.

As a continuing process of developing the entrepreneurs in the North East, NECON was started in 1987 at

A. Guwahati
B. Nagaland
C. Imphal
D. Shillong
Answer» C. Imphal
362.

Internal and external environment are considered under the term

A. physical facilities
B. environmental facilities
C. industrial facilities
D. none of the above
Answer» A. physical facilities
363.

Industrial Credit and Investment Corporation of India (ICICI) was set up on

A. January 1955
B. February 1955
C. March 1956
D. January 1965
Answer» A. January 1955
364.

State financial corporation was set up in

A. 1948
B. 1949
C. 1950
D. 1951
Answer» A. 1948
365.

State Industrial Development Corporation is to provide assistance in the form of

A. Technical assistance
B. Developmental assistance
C. Term loans
D. None of the above
Answer» C. Term loans
366.

North Eastern Industrial Technical Consultants Organisation Limited is abbreviated as

A. NEITCO
B. NETCO
C. NITCO
D. None of the above
Answer» A. NEITCO
367.

The full form of NEDFi is

A. North Eastern Fitness Development Centre Ltd
B. North Eastern Development Finance Corporation Ltd
C. North Eastern Financial Development pvt Ltd
D. None of the above
Answer» B. North Eastern Development Finance Corporation Ltd
368.

Women entrepreneur of the North East provides only ___________% of employment provided by women entrepreneurs in India.

A. 2
B. 4
C. 3.76
D. 5
Answer» C. 3.76
369.

The role of small-scale industry in North East:

A. To provide techno-economic and managerial consultancy,common facilities andextension services to the MSME sector
B. Making available the economic information services needed for the MSME sector
C. Developing human resources through training and skill upgradation
D. All of the above
Answer» D. All of the above
370.

Problems faced by the North East entrepreneurs:

A. Paucity of funds
B. Competition
C. Legal formalities
D. All of the above
Answer» D. All of the above
371.

Which of the following is true with respect to problems faced by women entrepreneurs in North East?

A. Significant entrepreneurial zeal and motivation
B. There are no Socio-religious-political barriers
C. Mostly preoccupied with household activities and responsibilities
D. Abundance of of awareness and dynamism
Answer» C. Mostly preoccupied with household activities and responsibilities
372.

Which of the following is false with respect to prospects of entrepreneurship in North East?

A. Communication and transportation links improve
B. Investment has been coming in on various fronts in recent years
C. Abundance of funds
D. The region‟s educational attainments helps capture international mainstreams
Answer» C. Abundance of funds
373.

The objective of NEDFi

A. To provide long term financial assistance for setting up a new industries
B. To provide assistance in infrastructure projects as well as for expansion
C. Diversification or modernization of existing industrial enterprises
D. All of the above
Answer» D. All of the above
374.

MSMED Act has come into forced on

A. 2ndSeptember, 2006
B. 2ndOctober, 2006
C. 2ndNovember, 2006
D. 2ndDecember, 2006
Answer» B. 2ndOctober, 2006
375.

The activity which occurs when the new venture is started is called:

A. Motivation
B. Business skills
C. Departure point
D. Achievement
Answer» C. Departure point
376.

The Industrial policy for North-East was announced in

A. 1996
B. 1997
C. 1998
D. 1999
Answer» B. 1997
377.

A women entrepreneur is supposed to have a minimum financial interest in share capital of entrepreneur‟s enterprise:

A. 35%
B. 51%
C. 25%
D. None of the above
Answer» C. 25%
378.

Industries promoted by women entrepreneurs

A. Agarbatti making
B. apad making
C. Handicrafts
D. All of the above
Answer» D. All of the above
379.

The Industrial Policy for North-East was announced in

A. 1994
B. 1996
C. 1997
D. 1998
Answer» C. 1997
380.

The problems of women entrepreneurship in rural areas of Assam are due to

A. Individual problems
B. Social problems
C. Structural problems
D. All of the above
Answer» D. All of the above
381.

In the North-Eastern region of India, designed and methodical efforts in entrepreneurship development began in the

A. 70‟s
B. 80‟s
C. 90‟s
D. None of the above
Answer» A. 70‟s
382.

Women entrepreneur in India are in:

A. Backward stage
B. Developed stage
C. Developing stage
D. none of these.
Answer» C. Developing stage
383.

The government of India defined women entrepreneurship as an enterprise owned and controlled by a women having a minimum financial interest up to:

A. 51% of the capital
B. 49% of the capital
C. 50% of the capital
D. 41% of the capital
Answer» A. 51% of the capital
384.

Problems faced by the women entrepreneur does not include:

A. Lack of confidence
B. Competition from male entrepreneurs
C. Family responsibilities
D. none of the above
Answer» D. none of the above
385.

_____ was set up to act as a catalyst on entrepreneurship development with it‟sfocus on North East:

A. IIE
B. NEITCO
C. NSIV
D. SISIs
Answer» A. IIE
386.

The North Eastern Council was set up in ______

A. 1992
B. 1962
C. 1972
D. 1872
Answer» C. 1972
387.

The entrepreneurial career taken up by educated youth in North East India is

A. Small
B. Average
C. Large
D. None of the above
Answer» A. Small
388.

Prime Minister‟s Employment Generation Programme (PMEGP) was introduced in:

A. July 2008
B. August 2018
C. August 2008
D. October 2006
Answer» C. August 2008
389.

Under the Credit Linked Subsidy Scheme, the rate of subsidy has been raised following the amendments from 12% to:

A. 16%
B. 20
C. 13%
D. 15%
Answer» D. 15%
390.

North East Industrial and Investment Promotion Policy The full form of NEIIPP, 2007 is

A. North East Industrial and Investment Promotion Policy
B. North East Industrial and Infrastructure Promotion Policy
C. North East Industrialist Investment Promotion Policy
D. None of the above
Answer» A. North East Industrial and Investment Promotion Policy
391.

The North East Industrial Policy (NEIP), 1997

A. Does not cover Sikkim
B. covered Sikkim
C. Does not cover Mizoram
D. covered Mizoram
Answer» B. covered Sikkim
392.

Income Tax exemption under NEIIPP, 2007 will be

A. 50%
B. 75%
C. 90%
D. 100%
Answer» D. 100%
393.

India‟s Act East Policy focusses on the extended neighbourhood in

A. Asia-Pacific region.
B. Asia- china region.
C. Asia- Antartic region.
D. None of the above
Answer» A. Asia-Pacific region.
394.

One primary problem that NE entrepreneurs face is

A. the lack of raw materials
B. the lack of suitable outlets to sell the products.
C. the lack of water
D. None of the above
Answer» B. the lack of suitable outlets to sell the products.
395.

The north-eastern region of India comprises

A. five states
B. six states
C. seven states
D. Eight states
Answer» C. seven states
396.

The famous brand name „Madhushree‟in Assam was created by

A. Lalita Devi Jain
B. Madhu Devi Jain
C. LalitaJashree
D. None of the above
Answer» A. Lalita Devi Jain
397.

The full form of CWEI is

A. Consensus of Women Entrepreneurs of India
B. Consortium of Women Entrepreneurs of India
C. Contribution of Women Entrepreneurs of India
D. None of the above
Answer» B. Consortium of Women Entrepreneurs of India

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