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| 1. |
The term Entrepreneur is derived from the word |
| A. | English |
| B. | Tamil |
| C. | Hindi |
| D. | French |
| Answer» D. French | |
| 2. |
An individual who has prior business ownership experienceentrepreneurs. |
| A. | Habitual |
| B. | Novice |
| C. | Serial |
| D. | Portfolio |
| Answer» A. Habitual | |
| 3. |
_____Identified innovation as a characteristic of entrepreneur for the first time in 1934. |
| A. | William Diamond |
| B. | A.H.Cole |
| C. | W.B.Gartner |
| D. | J.A.Schuumpeter |
| Answer» D. J.A.Schuumpeter | |
| 4. |
Refusal to adopt and use opportunities to make changes in production entrepreneurs. |
| A. | Fabian |
| B. | Imitative |
| C. | Innovative |
| D. | Drone |
| Answer» D. Drone | |
| 5. |
A short-term, internal source of funds can be obtained by reducing all of the following except_____________. |
| A. | Short-term assets |
| B. | Fixed assets |
| C. | cash |
| D. | Inventory |
| Answer» C. cash | |
| 6. |
Which one of the following is not an Intrapreneurial leadership characteristic? |
| A. | Encourage the team work |
| B. | Not flexible |
| C. | Understands environment |
| D. | Persistent |
| Answer» B. Not flexible | |
| 7. |
Which of the following factor does not affect a person for being an entrepreneur? |
| A. | Education |
| B. | Gender |
| C. | Personal values |
| D. | Family background |
| Answer» B. Gender | |
| 8. |
Which of the following has a contradictory relationship with an individual for being an entrepreneur? |
| A. | Parents social status |
| B. | Parents occupation |
| C. | His birth order |
| D. | Relationship with parents |
| Answer» B. Parents occupation | |
| 9. |
There is evidence that an entrepreneur usually has ________ parents. |
| A. | Self employed |
| B. | Discouraged |
| C. | Strict |
| D. | Non supportive |
| Answer» A. Self employed | |
| 10. |
The entrepreneur must possess the abilities of ____________. |
| A. | Conceptualization |
| B. | Creative |
| C. | Understanding environment |
| D. | All of the above |
| Answer» D. All of the above | |
| 11. |
Which of the following is not a characteristic of an entrepreneur? |
| A. | Need for independence |
| B. | Need for affiliation |
| C. | Need for achievement |
| D. | Risk taking |
| Answer» B. Need for affiliation | |
| 12. |
People who own, operate, and take risk of a business venture is known as ____________. |
| A. | Aptitude |
| B. | Employee |
| C. | Entrepreneurs |
| D. | Intrapreneur |
| Answer» C. Entrepreneurs | |
| 13. |
An entrepreneur doing business within the national border is called __________. |
| A. | International entrepreneurship |
| B. | Intrapreneurship |
| C. | Domestic entrepreneur |
| D. | Imports |
| Answer» C. Domestic entrepreneur | |
| 14. |
What type of entrepreneurial business actually produces the products they sell? |
| A. | Manufacturing |
| B. | Wholesaling |
| C. | Retailing |
| D. | Consumer |
| Answer» A. Manufacturing | |
| 15. |
Entrepreneurial task depend upon the personality of the entrepreneur, organisational structure and _____________. |
| A. | The environment |
| B. | The market |
| C. | The labour |
| D. | The government |
| Answer» A. The environment | |
| 16. |
The term intrapreneur is coined in ________________. |
| A. | America |
| B. | Andaman |
| C. | Australia |
| D. | Antartica |
| Answer» A. America | |
| 17. |
The term intrapreneurship is coined in late ________. |
| A. | Fifties |
| B. | Sixties |
| C. | Seventies |
| D. | Eighties |
| Answer» C. Seventies | |
| 18. |
Who said the term "Successful innovators are not risk takers"? |
| A. | Adam Smith |
| B. | J.B.Say |
| C. | Drucker |
| D. | Alfred Marshall |
| Answer» C. Drucker | |
| 19. |
The difference in the entrepreneurial and managerial domains has contributed towards an increase in interest is ___________. |
| A. | Forming new firms. |
| B. | Partnership. |
| C. | Intrapreneurship. |
| D. | Private firms. |
| Answer» A. Forming new firms. | |
| 20. |
To manage these projects successfully the country will need thousands of _____________. |
| A. | Research and development personnels. |
| B. | Financial investors. |
| C. | Efficient project Managers. |
| D. | Skilled workers. |
| Answer» C. Efficient project Managers. | |
| 21. |
.________________ type of entrepreneurs are particularly important for underdeveloped countries because they contribute significantly to the development of such nations. |
| A. | Innovative |
| B. | Adoptive |
| C. | Fabian |
| D. | Drone |
| Answer» B. Adoptive | |
| 22. |
.______________ type of entrepreneurs are very cautious and skeptical while practising any change. |
| A. | Innovative |
| B. | Imitative |
| C. | Fabian |
| D. | Drone |
| Answer» C. Fabian | |
| 23. |
In small scale sector ______________ are dominant. |
| A. | Institutional entrepreneurs |
| B. | Entrepreneurs by inheritance |
| C. | Technologist entrepreneurs |
| D. | Forced entrepreneurs |
| Answer» A. Institutional entrepreneurs | |
| 24. |
Managing entrepreneurs whose chief goal is __________. |
| A. | Security |
| B. | Power |
| C. | Excitement |
| D. | Ambitious |
| Answer» A. Security | |
| 25. |
Which one among the following is considered as one of the important economic factor which determine entrepreneurial growth? |
| A. | Government |
| B. | Politics |
| C. | Market |
| D. | Private |
| Answer» C. Market | |
| 26. |
Entrepreneurial management is noted for its ability to react quickly and effectively to new ___________. |
| A. | Market |
| B. | Business opportunities |
| C. | Product |
| D. | Technology |
| Answer» B. Business opportunities | |
| 27. |
Which of the following is the back bone of financial plan? |
| A. | Budgeting. |
| B. | Capital. |
| C. | Nature of business. |
| D. | Cost of production. |
| Answer» B. Capital. | |
| 28. |
The entrepreneur was distinguished from capital provider in______________. |
| A. | Middle ages. |
| B. | 18th century. |
| C. | 17th century. |
| D. | 19th and 20th century. |
| Answer» B. 18th century. | |
| 29. |
Female entrepreneur differs from male entrepreneur in terms of the following except ____________. |
| A. | Motivation |
| B. | Business skill. |
| C. | Departure point |
| D. | Goal orientation |
| Answer» A. Motivation | |
| 30. |
Which one of the following is the way by which an entrepreneur can enter into international business? |
| A. | Export |
| B. | Non equity arrangements |
| C. | Direct foreign investment |
| D. | All the above |
| Answer» D. All the above | |
| 31. |
Which of the following is alternatively called corporate venturing? |
| A. | Entrepreneurship |
| B. | Intrapreneurship |
| C. | Act of stating a new venture |
| D. | Offering new products by an existing company |
| Answer» B. Intrapreneurship | |
| 32. |
The term EDP refers to _____________. |
| A. | Entrepreneurship Development Programme. |
| B. | Entrepreneurial Development Programme. |
| C. | Entrepreneur Development Programme. |
| D. | Entrepreneuring Development Programme. |
| Answer» A. Entrepreneurship Development Programme. | |
| 33. |
_________ promotes the creation and/or growth of enterprises through a National Team of Trainers and Counselors that provides training and counseling to young promoters to establish their own business and to reduce the failure rate of start-ups, contributing thereof to the economic growth of the Country. |
| A. | EDQ |
| B. | EDN |
| C. | EDC |
| D. | EDP |
| Answer» D. EDP | |
| 34. |
EDPs are conducted by _____________. |
| A. | Entrepreneurs |
| B. | Specialised institutions |
| C. | Business community |
| D. | Government |
| Answer» B. Specialised institutions | |
| 35. |
__________ is an apex Institute in the area of Entrepreneurship and Small Business Development under the Ministry of Micro, Small and Medium Enterprises Government of India. |
| A. | NIESBUA |
| B. | NIESBUB |
| C. | NIESBUC |
| D. | NIESBUD |
| Answer» D. NIESBUD | |
| 36. |
___________ has helped to set up twelve state-level exclusive entrepreneurship development centres and institutes. |
| A. | Entrepreneurship Development Institute of India |
| B. | State Bank of India |
| C. | Reserve Bank |
| D. | Industrial Finance Corporation of India |
| Answer» A. Entrepreneurship Development Institute of India | |
| 37. |
Which are not the main Components of project management? |
| A. | Adequate control is exercised. |
| B. | Concept and pre-feasibility study |
| C. | A clear defined project objective |
| D. | Evaluation and financing arrangements. |
| Answer» C. A clear defined project objective | |
| 38. |
Project overrun is a frightening _________________facing India. |
| A. | Financial problem |
| B. | Resource problem |
| C. | Economic problem |
| D. | Research problem |
| Answer» C. Economic problem | |
| 39. |
Project engineering and investment costs is an angle to ensure________. |
| A. | Pre-feasibility |
| B. | Detailed project report |
| C. | Funding level |
| D. | Project decision |
| Answer» D. Project decision | |
| 40. |
Project phases allow for effective control at the_____________. |
| A. | Project cost |
| B. | Funding level |
| C. | Estimation |
| D. | Quality |
| Answer» B. Funding level | |
| 41. |
Planning and controlling the task is the ________________of a project manager. |
| A. | Strategy |
| B. | Responsibility |
| C. | Procedure |
| D. | Duty |
| Answer» B. Responsibility | |
| 42. |
The documentation required at the end of each phase of a small project can be defined by sub setting the documentation for a ________________. |
| A. | Special project |
| B. | Specified project |
| C. | Typical project |
| D. | Well Designed project |
| Answer» C. Typical project | |
| 43. |
Which of the following shows the process of creating something new _________________? |
| A. | Business model. |
| B. | Modeling. |
| C. | Creative flexibility. |
| D. | Innovation. |
| Answer» D. Innovation. | |
| 44. |
Stauworth and Curran have explained entrepreneurship in terms of _______________ |
| A. | Economic development |
| B. | Protectionism |
| C. | Monopoly |
| D. | Social marginality |
| Answer» D. Social marginality | |
| 45. |
Expanding economy serves as an accelerator to _______________ |
| A. | Entrepreneurship |
| B. | Intrapreneurship |
| C. | Sole proprietorship |
| D. | Economic development |
| Answer» A. Entrepreneurship | |
| 46. |
RCI stands for __________. |
| A. | Re-investment corporation of India. |
| B. | Re-investment committee of India. |
| C. | Refinance corporation of India. |
| D. | Refinance committee of India. |
| Answer» C. Refinance corporation of India. | |
| 47. |
.The word entrepreneurship has been derived from a ____________ which means ' to undertake'. |
| A. | French root |
| B. | Greek root |
| C. | Roman root |
| D. | Italian root |
| Answer» A. French root | |
| 48. |
______________ presupposes commitment to tasks to be performed with well defined objectives, schedules and budget. |
| A. | Plan |
| B. | Project |
| C. | Schedule |
| D. | Proposal |
| Answer» B. Project | |
| 49. |
.Projects concerned with industrial development, power generation, mineral development will be considered as ___________. |
| A. | Quantifiable project |
| B. | Sectoral project |
| C. | Techno-economic project |
| D. | Feasibility project |
| Answer» A. Quantifiable project | |
| 50. |
A person who managed large project was termed as the entrepreneur in the _________. |
| A. | Earliest period. |
| B. | Middle ages. |
| C. | 17th century. |
| D. | 19th and 20th century. |
| Answer» B. Middle ages. | |
| 51. |
_______________ is concerned with the collection, compilation and analysis of economic data for the eventual purpose of locating possible opportunities for investment. |
| A. | Project selection |
| B. | Project evaluation |
| C. | Project identification |
| D. | Project segmentation |
| Answer» C. Project identification | |
| 52. |
Every project has ____________ basic dimensions. |
| A. | One |
| B. | Two |
| C. | Three |
| D. | Four |
| Answer» C. Three | |
| 53. |
What are the the 3 basic dimensions of a project? |
| A. | Input, output and process |
| B. | Input, output and materials |
| C. | Input, output and social cost and benefits |
| D. | Input, output and features |
| Answer» C. Input, output and social cost and benefits | |
| 54. |
_____________ is an important element in the project planning cycle. |
| A. | Project objective |
| B. | Project idea |
| C. | Project identification |
| D. | Project selection |
| Answer» A. Project objective | |
| 55. |
_____________ are economical and social in nature. |
| A. | Project objective |
| B. | Project idea |
| C. | Project identification |
| D. | Project selection |
| Answer» A. Project objective | |
| 56. |
_________________ is the first phase in project life cycle. |
| A. | The introduction phase |
| B. | The pre-investment phase |
| C. | The construction phase |
| D. | The normalisation phase |
| Answer» B. The pre-investment phase | |
| 57. |
____________ phase in the project life cycle begin after the investment decision is taken. |
| A. | The post-investment phase |
| B. | The construction phase |
| C. | The normalisation phase |
| D. | The reconstruction phase |
| Answer» B. The construction phase | |
| 58. |
.The asset created during the construction phase are utilised during the _____________ |
| A. | The pre-investment phase |
| B. | The post-investment phase |
| C. | The reconstruction phase |
| D. | The normalisation phase |
| Answer» D. The normalisation phase | |
| 59. |
There are ___________ stages in project life cycle. |
| A. | One |
| B. | Two |
| C. | Three |
| D. | Four |
| Answer» C. Three | |
| 60. |
_____________ is the systematic development of a project idea for the eventual objective of arriving an investment decision. |
| A. | Project objective |
| B. | Project identification |
| C. | Project selection |
| D. | Project formulation |
| Answer» D. Project formulation | |
| 61. |
____________ analysis is primarily concerned with the identification of the project demand potential and the selection of the optimal technology suitable for achieving the project objectives. |
| A. | Feasibility |
| B. | Pre-feasibility |
| C. | Techno-Economic |
| D. | Network |
| Answer» C. Techno-Economic | |
| 62. |
___________ is the heart of a project. |
| A. | Project idea |
| B. | Project design |
| C. | Project identification |
| D. | Project selection |
| Answer» B. Project design | |
| 63. |
The purpose of financial analysis is to determine __________ of the project. |
| A. | Input feasibility |
| B. | Output feasibility |
| C. | Financial feasibility |
| D. | Cost-benefit feasibility |
| Answer» C. Financial feasibility | |
| 64. |
The inter-relationship between various contituent activities of a project is generally depicted in the form of ____________. |
| A. | Network diagram |
| B. | Project design |
| C. | Feasibility diagram |
| D. | Input diagram |
| Answer» A. Network diagram | |
| 65. |
_____________ is an investigating process which precedes investment decision. |
| A. | Project idea |
| B. | Project identification |
| C. | Project formulation |
| D. | Project selection |
| Answer» C. Project formulation | |
| 66. |
Project formulation and its implementation are the two essential functions of ____________. |
| A. | Project design |
| B. | Project management |
| C. | Project selection |
| D. | Project formulation |
| Answer» B. Project management | |
| 67. |
Expand CPM. |
| A. | Critical Path Method |
| B. | Critical Par Method |
| C. | Critical Project Method |
| D. | Critical Price Method |
| Answer» A. Critical Path Method | |
| 68. |
_____________ is primarily a scheduling technique. |
| A. | PERT |
| B. | CPM |
| C. | GERT |
| D. | LOB |
| Answer» A. PERT | |
| 69. |
Where individual skills are collectively integrated into a group, this is known as _____________. |
| A. | Collective entrepreneurship |
| B. | Intrapreneurship. |
| C. | Team entrepreneurship |
| D. | Dual innovation. |
| Answer» C. Team entrepreneurship | |
| 70. |
Which of the following government actions could contribute to a more entrepreneurial society? |
| A. | Deregulation. |
| B. | Financial start-up. |
| C. | Information and advice. |
| D. | All the above. |
| Answer» D. All the above. | |
| 71. |
.Which of the following is alternatively called corporate venturing? |
| A. | Entrepreneurship. |
| B. | Intrapreneurship. |
| C. | Act of stating a new venture. |
| D. | Offering new products by an existing company. |
| Answer» B. Intrapreneurship. | |
| 72. |
SFC stands for____________. |
| A. | State Financial Committee. |
| B. | State Funding Corporation. |
| C. | State Finance Corporation. |
| D. | State Funding Committee. |
| Answer» C. State Finance Corporation. | |
| 73. |
Which one of the following is the next stage to the Concept Stage of Product Planning and Development Process? |
| A. | Idea Stage. |
| B. | Product Planning Stage. |
| C. | Product Development Stage. |
| D. | Test Marketing Stage. |
| Answer» C. Product Development Stage. | |
| 74. |
IFCI was established in the year___________. |
| A. | 1985 |
| B. | 1948 |
| C. | 1980 |
| D. | 1987 |
| Answer» B. 1948 | |
| 75. |
IFCI provides____________. |
| A. | Medium term credit. |
| B. | Short term credit. |
| C. | Medium and long term credit. |
| D. | Long term credit. |
| Answer» C. Medium and long term credit. | |
| 76. |
Assistance from IFCI is available for____________. |
| A. | Setting up of new industrial projects |
| B. | Expansion of existing units. |
| C. | Renovation and modernization. |
| D. | All of the above. |
| Answer» D. All of the above. | |
| 77. |
SIDBI stands for ____________. |
| A. | Small Institutions Development Bank of India. |
| B. | Small Industries Development Bank of India. |
| C. | Small Industries Derivatives Bank of India. |
| D. | Small Industries Development Bureau of India. |
| Answer» B. Small Industries Development Bank of India. | |
| 78. |
SIDBI was set up in the year____________. |
| A. | 1987. |
| B. | 1988. |
| C. | 1989. |
| D. | 1990. |
| Answer» C. 1989. | |
| 79. |
SIDBI was set up as a subsidiary of____________. |
| A. | IDBI. |
| B. | IFCI. |
| C. | ICICI. |
| D. | NABARD. |
| Answer» A. IDBI. | |
| 80. |
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. | |
| 81. |
SFC was set up under __________. |
| A. | State financial corporation Act 1951. |
| B. | State financial corporation Act 1952. |
| C. | State financial corporation Act 1953. |
| D. | State financial corporation Act 1954. |
| Answer» A. State financial corporation Act 1951. | |
| 82. |
Financial resources of SFCs consist of _____________. |
| A. | Paid up capital. |
| B. | Reserve funds. |
| C. | Borrowings from RBI. |
| D. | aAl the above. |
| Answer» D. aAl the above. | |
| 83. |
SFCs assistance to technically qualified people without enough funds is known as _______________. |
| A. | Seed capital scheme. |
| B. | Capital assistance scheme. |
| C. | Technical entrepreneurs scheme. |
| D. | Investment scheme. |
| Answer» A. Seed capital scheme. | |
| 84. |
SFC is prohibited from granting financial assistance to any company whose aggregate paid up capital exceed_____________. |
| A. | 1 crore. |
| B. | 1.5 crores. |
| C. | 2 crores. |
| D. | 2.5 crores. |
| Answer» A. 1 crore. | |
| 85. |
The loans given by SFCs are usually for a period upto ____________. |
| A. | 8 or 10 years. |
| B. | 10 or 12 years. |
| C. | 12 or 14 years. |
| D. | 14 or 16 years. |
| Answer» B. 10 or 12 years. | |
| 86. |
A concessional rate of interest is charged by SFC in case of_____________. |
| A. | small scale industries. |
| B. | units in backward areas. |
| C. | units set up by technical entrepreneurs. |
| D. | All the above. |
| Answer» D. All the above. | |
| 87. |
SIDC was set up under the_____________. |
| A. | Co-operative societies Act. |
| B. | Companies Act. |
| C. | Industries Act. |
| D. | Partnership Act. |
| Answer» B. Companies Act. | |
| 88. |
The financial resources of SIDC consist of ___________. |
| A. | paid-up capital. |
| B. | loans from State govt. |
| C. | refinance from RBI. |
| D. | all of the above. |
| Answer» D. all of the above. | |
| 89. |
SIPCOT stands for _______________. |
| A. | Small Industries Promotion Corporation of Tamil Nadu Limited. |
| B. | Small Institutes Promotion Corporation of Tamil Nadu Limited. |
| C. | State Industries Promotion Corporation of Tamil Nadu Limited. |
| D. | Small Institutes Promotion Corporation of Tamil Nadu Limited. |
| Answer» C. State Industries Promotion Corporation of Tamil Nadu Limited. | |
| 90. |
The process each manager follows during the life of a project is known as ______________. |
| A. | Project Management. |
| B. | Manager life cycle. |
| C. | Project Management Life Cycle. |
| D. | All of the mentioned. |
| Answer» C. Project Management Life Cycle. | |
| 91. |
SIPCOT is a ____________. |
| A. | Public limited company. |
| B. | Private limited company. |
| C. | Co-operative society. |
| D. | Partnership firm. |
| Answer» A. Public limited company. | |
| 92. |
Expand NSTC ____________. |
| A. | National small Industries Corporation. |
| B. | National stock industries corporation. |
| C. | National stock incorporation. |
| D. | National small industries committee. |
| Answer» A. National small Industries Corporation. | |
| 93. |
_________has been recognized as the nodal agency to support the small scale industry export promotion. |
| A. | SIDO. |
| B. | TDC |
| C. | NSIC |
| D. | IFSC |
| Answer» A. SIDO. | |
| 94. |
The term ____________denotes bonus or financial aid which is given by a government to an industry to help it compete with another unit in a nation or in a foreign market. |
| A. | Incentive. |
| B. | Subsidy. |
| C. | Concession. |
| D. | Bounty. |
| Answer» D. Bounty. | |
| 95. |
It becomes necessary to do ____________after a project idea has withstood the tests of feasibility analysis and network analysis. |
| A. | Input analysis. |
| B. | Financial analysis. |
| C. | Project design. |
| D. | Costs benefit analysis. |
| Answer» A. Input analysis. | |
| 96. |
________________ is designed to overcome this fundamental weakness in the relationship between lending agency and the project sponsoring body. |
| A. | Proposal. |
| B. | Project idea. |
| C. | Project formulation. |
| D. | Project appraisal. |
| Answer» C. Project formulation. | |
| 97. |
TIIC stands for _____________. |
| A. | Tamil Nadu Industrial Investment Corporation Limited |
| B. | Tamil Nadu Institutional Investment Corporation Limited |
| C. | Tamil Nadu Industrial Investment Committee Limited. |
| D. | Tamil Nadu Institutional Investment Committee Limited. |
| Answer» A. Tamil Nadu Industrial Investment Corporation Limited | |
| 98. |
TIIC is sponsored by the ____________. |
| A. | Government of Karnataka. |
| B. | Government of Andhra Pradesh. |
| C. | Government of Kerala. |
| D. | Government of Tamil Nadu. |
| Answer» D. Government of Tamil Nadu. | |
| 99. |
__________ is the first state level financial institution in the country. |
| A. | TIIC. |
| B. | SFC. |
| C. | SIDBI. |
| D. | SIDC. |
| Answer» A. TIIC. | |
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