| 1. | ………………………applied the word entrepreneur to business for the first time. |
| A. | robert owen |
| B. | joseph schumpeter |
| C. | richard cantillon |
| D. | max weber |
| Answer» C. richard cantillon | |
| 2. | ………………………is the drive to achieve a goal. |
| A. | motivation |
| B. | need for achievement |
| C. | competency |
| D. | none of these |
| Answer» B. need for achievement | |
| 3. | ………………………..entrepreneurs are extremely task oriented. |
| A. | technical |
| B. | fabian |
| C. | induced |
| D. | business |
| Answer» A. technical | |
| 4. | …………………………..entrepreneurs neither introduce new changes nor adopt new methods innovated by others. |
| A. | technical |
| B. | fabian |
| C. | induced |
| D. | business |
| Answer» B. fabian | |
| 5. | The term intrapreneur was coined by …………………………. . |
| A. | robert owen |
| B. | joseph schumpeter |
| C. | richard cantillon |
| D. | gifford pinchot |
| Answer» D. gifford pinchot | |
| 6. | According to Schumpeter, Is the most important function of a modern entrepreneur. |
| A. | innovation, |
| B. | invention, |
| C. | skill, |
| D. | creativity. |
| Answer» A. innovation, | |
| 7. | Knowledge + Skill + Traits = ……………………………….. |
| A. | innovation. |
| B. | competency. |
| C. | skill. |
| D. | creativity. |
| Answer» B. competency. | |
| 8. | Social attitude is one of the important problems of a ………………………….. Entrepreneur. |
| A. | drone. |
| B. | business. |
| C. | women. |
| D. | adoptive. |
| Answer» C. women. | |
| 9. | The capacity to develop new ideas, concepts and processes is known as : |
| A. | innovation, |
| B. | invention, |
| C. | skill, |
| D. | creativity. |
| Answer» D. creativity. | |
| 10. | Which of the following risks is borne by the entrepreneur: |
| A. | financial risks, |
| B. | personal risks, |
| C. | psychological risks, |
| D. | all of these |
| Answer» D. all of these | |
| 11. | The entrepreneur who does not change the method of production already introduced is: |
| A. | drone entrepreneur, |
| B. | fabian entrepreneur, |
| C. | classical entrepreneur, |
| D. | none of these. |
| Answer» A. drone entrepreneur, | |
| 12. | Person who works within an organization and having entrepreneurial capabilities is: |
| A. | entrepreneur, |
| B. | intrapreneur, |
| C. | manager, |
| D. | chief executive. |
| Answer» B. intrapreneur, | |
| 13. | Who introduced the term intrapreneur: |
| A. | schumpeter, |
| B. | peter drucker, |
| C. | david mcclelland, |
| D. | gifford pinchot 111. |
| Answer» D. gifford pinchot 111. | |
| 14. | A micro enterprise is one in which the investment in plant and machinery does not exceed Rs. …………………… |
| A. | 25 lakhs |
| B. | 50 lakhs |
| C. | 1 crore |
| D. | 10 lakhs |
| Answer» A. 25 lakhs | |
| 15. | A small enterprise is one in which the investment in plant and machinery is more than Rs…………………. But does not exceed Rs………………….. . |
| A. | 10 lakhs / 2 crores |
| B. | 25 lakhs /5crores |
| C. | 5 crores/ 10 crores |
| D. | 2 crores/5 crores |
| Answer» B. 25 lakhs /5crores | |
| 16. | A medium enterprise is one in which the investment in plant and machinery is more than Rs ……………………. But does not exceed Rs ………………….. . |
| A. | 10 lakhs / 2 crores |
| B. | 25 lakhs /5crores |
| C. | 5 crores/ 10 crores |
| D. | 2 crores/5 crores |
| Answer» C. 5 crores/ 10 crores | |
| 17. | A micro enterprise is one in which the investment in plant and machinery does not exceed Rs…………………….. . |
| A. | 25 lakhs |
| B. | 50 lakhs |
| C. | 1 crore |
| D. | 10 lakhs |
| Answer» A. 25 lakhs | |
| 18. | A small enterprise is one in which the investment in plants and machinery is more than Rs ……………. But does not exceed Rs …………………… . |
| A. | 10 lakhs / 2 crores |
| B. | 25 lakhs /5crores |
| C. | 5 crores/ 10 crores |
| D. | 2 crores/5 crores |
| Answer» A. 10 lakhs / 2 crores | |
| 19. | A medium enterprise is one in which the investment in plant and machinery is more than Rs ……………… but does not exceed Rs……………………. .. |
| A. | 10 lakhs / 2 crores |
| B. | 25 lakhs /5crores |
| C. | crores/ 10 crores |
| D. | 2 crores/5 crores |
| Answer» D. 2 crores/5 crores | |
| 20. | ……………………. Units provide inputs to other industries. |
| A. | export |
| B. | small |
| C. | ancillary |
| D. | none of these |
| Answer» C. ancillary | |
| 21. | …………………………….. Registration helps the entrepreneur to take necessary steps to bring industrial units into existence. |
| A. | provisional |
| B. | permanent |
| C. | both of these |
| D. | none of these |
| Answer» A. provisional | |
| 22. | The MSME Development Act came into force in …………………. |
| A. | 2005 |
| B. | 2006 |
| C. | 2010 |
| D. | 2001 |
| Answer» B. 2006 | |
| 23. | Capital investment subsidy was introduced in …………………………………. |
| A. | 1973 |
| B. | 1971 |
| C. | 1972 |
| D. | 1970 |
| Answer» B. 1971 | |
| 24. | ………………………………. Is the financial and promotional assistance provided by the Govt. to the industries for boosting up industrial development in all regions particularly in backward areas. |
| A. | seed capital |
| B. | incentive |
| C. | subsidy |
| D. | none of these |
| Answer» B. incentive | |
| 25. | ………………………………….is the place where the required facilities and factory accommodation are provided by the government to the entrepreneurs to establish their industries there. |
| A. | industry |
| B. | industrial estate |
| C. | company |
| D. | none of these |
| Answer» B. industrial estate | |
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