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) .

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51.	SWOT stands for strength, weakness, opportunity, and ………………………………..
A.	treat
B.	threat
C.	tort
D.	none
Answer» B. threat

52.	Project formulation means ……………………………….. Study.
A.	profitability
B.	liquidity
C.	feasibility
D.	viability
Answer» C. feasibility

53.	………………………………. Analysis is primarily concerned with the identification, quantification and evaluation of project resources.
A.	network
B.	financial
C.	techno-economic
D.	input
Answer» D. input

54.	………………………………analysis is done to ascertain financial viability of a project.
A.	network
B.	financial
C.	techno-economic
D.	input
Answer» B. financial

55.	……………………………… technology refers to that technology which is suitable to local, economic, social and cultural conditions.
A.	indigenous
B.	imported
C.	advanced
D.	appropriate
Answer» D. appropriate

56.	The term ……………………………… refers to the plan for a particular type of building, arrangement of machinery and equipment and provision of facilitation in the building.
A.	factory building
B.	factory design
C.	factory layout
D.	factory premises
Answer» B. factory design

57.	……………………….. Analysis is one of the most popular techniques used for planning, scheduling, monitoring and co-ordinating projects comprising a number of activities.
A.	network
B.	financial
C.	techno-economic
D.	input
Answer» A. network

58.	……………………….. is the difference between sales and variable cost.
A.	margin of safety
B.	fixed cost
C.	contribution
D.	profit
Answer» C. contribution

59.	………………………… is a network technique of scheduling and controlling the project where activity times cannot be precisely estimated.
A.	pert
B.	cpm
C.	bep
D.	swot
Answer» A. pert

60.	………………………analysis is a technique commonly used to assess expected product profitability.
A.	pert
B.	cpm
C.	bep
D.	swot
Answer» C. bep

61.	A series of related activities which result in some product or service is called……
A.	event
B.	task
C.	network
D.	slack
Answer» C. network

62.	……………………….represents the activities and events of a project in a logical sequence.
A.	network diagram
B.	project graph
C.	arrow diagram
D.	all of these
Answer» A. network diagram

63.	The element of job to be completed in a specific time is known as……………………….
A.	event
B.	activity
C.	network
D.	slack
Answer» B. activity

66.	……is the unbroken chain of activities from start event to end event in the network diagram.
A.	slack
B.	activity
C.	network
D.	path
Answer» D. path

67.	Critical path is the longest ………………………….in the network
A.	slack
B.	activity
C.	event
D.	path
Answer» D. path

64.	…………………….represents the start and end of an activity.
A.	event
B.	activity
C.	network
D.	slack
Answer» A. event

65.	Node represents…………………………
A.	slack
B.	activity
C.	network
D.	event
Answer» D. event

68.	Activities lying on the critical path are known as……………………..activities.
A.	critical
B.	preceding
C.	succeeding
D.	concurrent
Answer» A. critical

69.	……………are activities that must be completed immediately prior to the start of another activity.
A.	critical
B.	preceding
C.	succeeding
D.	concurrent
Answer» B. preceding

70.	Activities that cannot be started until one or more of other activities are completed but immediately follow are called…………………..
A.	critical
B.	preceding
C.	succeeding
D.	concurrent
Answer» C. succeeding

71.	Activities that can be accomplished simultaneously are called……………activities.
A.	critical
B.	preceding
C.	succeeding
D.	concurrent
Answer» D. concurrent

72.	…………………..is the earliest time an activity can begin
A.	eft
B.	lst
C.	lft
D.	est
Answer» D. est

73.	The sum of earliest start time and estimated time to perform the project is called……..
A.	eft
B.	lst
C.	lft
D.	est
Answer» A. eft

74.	The latest possible time an activity can finish without delaying the project is called…….
A.	eft
B.	lst
C.	lft
D.	est
Answer» C. lft

75.	Difference between latest finish time and estimated time to perform the project is called………..
A.	eft
B.	lst
C.	lft
D.	est
Answer» B. lst

360+ Entrepreneurship Development (ED) Solved MCQs

SWOT stands for strength, weakness, opportunity, and ………………………………..

Project formulation means ……………………………….. Study.

………………………………. Analysis is primarily concerned with the identification, quantification and evaluation of project resources.

………………………………analysis is done to ascertain financial viability of a project.

……………………………… technology refers to that technology which is suitable to local, economic, social and cultural conditions.

The term ……………………………… refers to the plan for a particular type of building, arrangement of machinery and equipment and provision of facilitation in the building.

……………………….. Analysis is one of the most popular techniques used for planning, scheduling, monitoring and co-ordinating projects comprising a number of activities.

……………………….. is the difference between sales and variable cost.

………………………… is a network technique of scheduling and controlling the project where activity times cannot be precisely estimated.

………………………analysis is a technique commonly used to assess expected product profitability.

A series of related activities which result in some product or service is called……

……………………….represents the activities and events of a project in a logical sequence.

The element of job to be completed in a specific time is known as……………………….

…………………….represents the start and end of an activity.

Node represents…………………………

……is the unbroken chain of activities from start event to end event in the network diagram.

Critical path is the longest ………………………….in the network

Activities lying on the critical path are known as……………………..activities.

……………are activities that must be completed immediately prior to the start of another activity.

Activities that cannot be started until one or more of other activities are completed but immediately follow are called…………………..

Activities that can be accomplished simultaneously are called……………activities.

…………………..is the earliest time an activity can begin

The sum of earliest start time and estimated time to perform the project is called……..

The latest possible time an activity can finish without delaying the project is called…….

Difference between latest finish time and estimated time to perform the project is called………..

………………………… is the difference between the actual sales and break even sales.

……………………… study is a systematic method adopted to find out the possibility and practicability of starting a project.

Which of the following is not a phase in the project life cycle:

Which of the following is a technique of project identification:

Decision regarding factory design is part of :

Which of the following is not a network technique :

Shortest possible time to complete an activity is ………………………

Maximum possible time to complete an activity is ………………………

Estimated time required in normal conditions complete an activity is ………………

…………shows the changes in assets, liabilities and net worth between two balance sheet dates.

……….shows movement of cash into and out of the firm and its net effect on balance sheet.

Which of the following is not a technique of financial analysis:

Mathematical relationship between two figures taken from financial statements is called……….

…………………… is an equilibrium point.

……………………… is described as bread earning point.

…………………..ratio establishes relationship between contribution margin and total sales.

Contribution margin ratio is better known as……………..

………………. Is also known as marginal profit ratio

Raising capital from multiple sources is known as…………………….

Giving capital to enterprise that has risk and adventure is called………………………

Arrangement where payments to suppliers are made in agreed installments over a specified period of time at some agreed rate of interest on the outstanding balance.

..……is a contract between the owner and user of the asset to use the asset for a consideration.

Project appraisal is the process of estimating the costs and benefits of a project to arrive at the ………………………decision.

Project appraisal is usually done by a ………………………….. Institution.

Profitability index is also known as ……………………………….ratio

78.	Which of the following is not a phase in the project life cycle:
A.	pre- investment phase.
B.	construction phase.
C.	normalization phase.
D.	growth phase.
Answer» D. growth phase.

79.	Which of the following is a technique of project identification:
A.	desk research.
B.	sensitivity analysis.
C.	cvp analysis.
D.	none of these.
Answer» A. desk research.

80.	Decision regarding factory design is part of :
A.	network analysis.
B.	financial analysis.
C.	technical analysis.
D.	social cost benefit analysis.
Answer» C. technical analysis.

81.	Which of the following is not a network technique :
A.	cpm.
B.	pert.
C.	swot.
D.	lob.
Answer» C. swot.

82.	Shortest possible time to complete an activity is ………………………
A.	pessimistic time
B.	optimistic time
C.	most likely time
D.	none of these
Answer» B. optimistic time

85.	…………shows the changes in assets, liabilities and net worth between two balance sheet dates.
A.	cash flow
B.	fund flow
C.	ratio
D.	breakeven
Answer» B. fund flow

87.	Which of the following is not a technique of financial analysis:
A.	ratio analysis.
B.	risk analysis.
C.	cash flow analysis.
D.	fund flow analysis.
Answer» B. risk analysis.

91.	…………………..ratio establishes relationship between contribution margin and total sales.
A.	p/v
B.	current
C.	profitability
D.	none
Answer» A. p/v

94.	Raising capital from multiple sources is known as…………………….
A.	venture capital
B.	layered financing
C.	deferred credit
D.	lease financing
Answer» B. layered financing

98.	Project appraisal is the process of estimating the costs and benefits of a project to arrive at the ………………………decision.
A.	investment
B.	profitability
C.	liquidity
D.	none of these
Answer» A. investment