McqMate
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) .
| 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. |
The capacity to develop new ideas, concepts and processes is known as : |
| A. | innovation, |
| B. | invention, |
| C. | skill, |
| D. | creativity. |
| Answer» D. creativity. | |
| 9. |
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 | |
| 10. |
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, | |
| 11. |
Person who works within an organization and having entrepreneurial capabilities is: |
| A. | entrepreneur, |
| B. | intrapreneur, |
| C. | manager, |
| D. | chief executive. |
| Answer» B. intrapreneur, | |
| 12. |
Who introduced the term intrapreneur: |
| A. | schumpeter, |
| B. | peter drucker, |
| C. | david mcclelland, |
| D. | gifford pinchot 111. |
| Answer» D. gifford pinchot 111. | |
| 13. |
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 | |
| 14. |
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 | |
| 15. |
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 | |
| 16. |
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 | |
| 17. |
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 | |
| 18. |
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 | |
| 19. |
……………………. Units provide inputs to other industries. |
| A. | export |
| B. | small |
| C. | ancillary |
| D. | none of these |
| Answer» C. ancillary | |
| 20. |
…………………………….. 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 | |
| 21. |
The MSME Development Act came into force in …………………. |
| A. | 2005 |
| B. | 2006 |
| C. | 2010 |
| D. | 2001 |
| Answer» B. 2006 | |
| 22. |
Capital investment subsidy was introduced in …………………………………. |
| A. | 1973 |
| B. | 1971 |
| C. | 1972 |
| D. | 1970 |
| Answer» B. 1971 | |
| 23. |
………………………………. 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 | |
| 24. |
………………………………….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 | |
| 25. |
The initial capital that is required to obtain loans from the financial institutions is called …………… |
| A. | seed capital |
| B. | incentive |
| C. | subsidy |
| D. | none of these |
| Answer» A. seed capital | |
| 26. |
Under the single roof of the ………………………all the services and support required by small and village entrepreneurs are provided. |
| A. | ksidc |
| B. | kitco |
| C. | dic |
| D. | kinfra |
| Answer» C. dic | |
| 27. |
KITCO was set up in……………………… |
| A. | 1973 |
| B. | 1971 |
| C. | 1972 |
| D. | 1970 |
| Answer» C. 1972 | |
| 28. |
……………………… offers comprehensive consultancy services to MSMEs in Kerala. |
| A. | ksidc |
| B. | kitco |
| C. | dic |
| D. | kinfra |
| Answer» B. kitco | |
| 29. |
A micro manufacturing enterprise is one in which the investment in plant and machinery does not exceed……………………. |
| A. | rs. 5 lakhs. |
| B. | rs. 10 lakhs. |
| C. | rs.20 lakhs. |
| D. | none of these. |
| Answer» D. none of these. | |
| 30. |
A micro service is one in which the investment in plant and machinery does not exceed……….. |
| A. | rs. 5 lakhs. |
| B. | rs.10 lakhs. |
| C. | rs 25 lakhs. |
| D. | none of these. |
| Answer» B. rs.10 lakhs. | |
| 31. |
A small service enterprise is one in which the investment in plant and machinery does not exceed……………………. |
| A. | rs. 25 lakhs. |
| B. | 1 crore. |
| C. | 2 crores. |
| D. | none of these. |
| Answer» C. 2 crores. | |
| 32. |
The investment in plant and machinery in ancillary units should not exceed……… |
| A. | rs.25 lakhs. |
| B. | 2 crores. |
| C. | 5 crores. |
| D. | 10 crores. |
| Answer» C. 5 crores. | |
| 33. |
A single lump sum which is given by a govt. to an entrepreneur to cover the cost is known as……. |
| A. | subsidy. |
| B. | concession. |
| C. | bounties. |
| D. | none of these. |
| Answer» A. subsidy. | |
| 34. |
A bonus or financial aid which is given by a govt. to an industry to help it compete with other units in home market or in a foreign market is known as…… |
| A. | subsidy. |
| B. | concession. |
| C. | bounties. |
| D. | none of these. |
| Answer» C. bounties. | |
| 35. |
Single window scheme is instituted through………………………… |
| A. | idbi. |
| B. | sidco. |
| C. | kfc. |
| D. | dic. |
| Answer» D. dic. | |
| 36. |
The advance given to cover the finance requirement during the time lag between the sanctioning and disbursement of term loan by financial institutions is known as………….. |
| A. | soft loan. |
| B. | seed capital. |
| C. | capital subsidy. |
| D. | bridge loan. |
| Answer» D. bridge loan. | |
| 37. |
The MSME Development Act came into force in the year………………………………. |
| A. | 2005. |
| B. | 2006. |
| C. | 2007. |
| D. | none of these. |
| Answer» B. 2006. | |
| 38. |
Offering single window clearance facility is the most fascinating feature of ……… |
| A. | ksidc |
| B. | kitco |
| C. | dic |
| D. | kinfra |
| Answer» C. dic | |
| 39. |
KINFRA was setup in ……………………. |
| A. | 2000 |
| B. | 1993 |
| C. | 1996 |
| D. | 1999 |
| Answer» B. 1993 | |
| 40. |
Techno crafts is assistance is provided by……………………….. |
| A. | kfc |
| B. | kitco |
| C. | ksidc |
| D. | kinfra |
| Answer» A. kfc | |
| 41. |
……………. Is a National level apex organization of young entrepreneurs |
| A. | naye |
| B. | tco |
| C. | sido |
| D. | nsic |
| Answer» A. naye | |
| 42. |
…………………… provides consultancy services to small and medium enterprises at reasonable cost |
| A. | naye |
| B. | tco |
| C. | sido |
| D. | nsic |
| Answer» B. tco | |
| 43. |
KITCO was established in ……………… |
| A. | 1970 |
| B. | 1973 |
| C. | 1972 |
| D. | 1975 |
| Answer» C. 1972 | |
| 44. |
…………………… is an area where applied research on high tech projects is conducted |
| A. | step |
| B. | swot |
| C. | epst |
| D. | none of these |
| Answer» A. step | |
| 45. |
Which of these is not a state level promotional institutions |
| A. | kitco |
| B. | ksidc |
| C. | niesbud |
| D. | sidco |
| Answer» C. niesbud | |
| 46. |
The Head Office of KINFRA is located at……………………… |
| A. | thiruvananthapuram |
| B. | kozhikode |
| C. | ernakulum |
| D. | kannur |
| Answer» A. thiruvananthapuram | |
| 47. |
………………refers to any investment opportunity which is to be exploited for profit. |
| A. | product |
| B. | project |
| C. | share |
| D. | none of these |
| Answer» B. project | |
| 48. |
………………………………. the process of collection, compilation and analysis of economic data for the purpose of finding out possible opportunities for investment. |
| A. | project screening |
| B. | project appraisal |
| C. | project identification |
| D. | none |
| Answer» C. project identification | |
| 49. |
The process of evaluating the project ideas with a view to select the best and promising idea after eliminating the unprofitable ideas is called……………………….. Of the project ideas. |
| A. | screening |
| B. | appraisal |
| C. | identification |
| D. | none |
| Answer» A. screening | |
| 50. |
After screening the ideas, they are translated into project…………………………………. |
| A. | portfolio |
| B. | profiles |
| C. | proposal |
| D. | none |
| Answer» B. profiles | |
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