360+ Entrepreneurship Development (ED) Solved MCQs

101.

Payback period and ARR methods are …………………..

A. traditional
B. discounting
C. modern
D. none
Answer» A. traditional
102.

NPV, PI and ………………………. are the three discounted cash flow techniques.

A. arr
B. irr
C. ntv
D. urgency
Answer» B. irr
103.

Original investment is divided by constant cash……………………….. to get payback period.

A. inflows
B. outflows
C. balance
D. both (a)and (b)
Answer» A. inflows
104.

…………………. is also called trial and error Method.

A. arr
B. irr
C. ntv
D. urgency
Answer» B. irr
105.

The discount rate at which present value of cash inflows equals to the present value of cash outflows is called …………………..

A. arr
B. irr
C. ntv
D. urgency
Answer» B. irr
106.

Project…………………………… is done after the project is implemented.

A. management
B. appraisal
C. evaluation
D. none
Answer» C. evaluation
107.

The main object of project appraisal is:

A. to find whether the project is technically feasible.
B. to ascertain whether the project is financially feasible.
C. to decide whether to accept or reject a project.
D. to know whether the project is eco-friendly.
Answer» C. to decide whether to accept or reject a project.
108.

Project appraisal is done by:

A. government.
B. financial institution only.
C. entrepreneur only.
D. both financial institution and entrepreneur.
Answer» D. both financial institution and entrepreneur.
109.

Which one is not an element of project appraisal:

A. technical feasibility.
B. network analysis.
C. economical viability.
D. commercial viability.
Answer» B. network analysis.
110.

The discount rate must be determined in advance for the :

A. payback period.
B. time adjusted rate of return method.
C. irr
D. npv method.
Answer» D. npv method.
111.

Which one of the following is not a discounted cash flow technique:

A. arr
B. irr
C. npv
D. pi
Answer» A. arr
112.

The difference between the total present value of a stream of cash flows of a given rate of discount and the initial capital outlay is known as the :

A. irr.
B. arr.
C. npv.
D. net profit.
Answer» C. npv.
113.

The scientific technique of evaluation of capital expenditure decisions include the following except:

A. npv.
B. pi.
C. irr.
D. payback period.
Answer» D. payback period.
114.

Profitability index shows benefits from the proposal in :

A. absolute terms.
B. relative terms.
C. both of the above.
D. none of these.
Answer» B. relative terms.
115.

For discounted cash flow methods, the discount rate used is:

A. fixed arbitrarily
B. equivalent to bank rate.
C. equivalent to firm’s average cost of capital.
D. equivalent to final rate of dividend.
Answer» C. equivalent to firm’s average cost of capital.
116.

The process of measuring the progress and performance of a project is called:

A. project appraisal.
B. project evaluation.
C. project control.
D. project audit.
Answer» B. project evaluation.
117.

The excess of the present value over the cost of the project is ……………………..

A. irr
B. arr
C. npv
D. ntv
Answer» D. ntv
118.

In case of mutually exclusive projects, the project with ……………. PI is to be selected.

A. higher
B. lower
C. negative
D. positive
Answer» A. higher
119.

In independent projects, accept a project if it’s NPV is………………………..

A. higher
B. lower
C. negative
D. positive
Answer» D. positive
120.

Under Net Terminal Value Method, accept a project if it’s NTV is……………………

A. higher
B. lower
C. negative
D. positive
Answer» D. positive
121.

Accept a project if it’s IRR is……………….when compared to desired minimum

A. higher
B. lower
C. negative
D. positive
Answer» C. negative
122.

Reject a project if it’s IRR is……………….when compared to desired minimum

A. higher
B. lower
C. negative
D. positive
Answer» B. lower
123.

…………………………report is a document wherein all the details obtained from technical analysis, financial analysis, profitability analysis etc. are put together.

A. feasibility
B. project
C. both
D. none
Answer» C. both
124.

…………………………. Is an essential document for procuring assistance from financial institutions and for fulfilling other formalities for the implementation of the project.

A. feasibility
B. project
C. progress
D. none
Answer» B. project
125.

Department of industries and commerce formulated a scheme to set up ………………. To inculcate entrepreneurial culture amongst youth.

A. ed clubs
B. youth clubs
C. lion clubs
D. none
Answer» A. ed clubs
126.

The scheme of ED Clubs will be implemented by ………………..

A. business incubators.
B. industrial estates.
C. dic.
D. none of these.
Answer» C. dic.
127.

A grant of ………… Will be given to each ED club by the department of Commerce and industry.

A. 20000
B. 15000
C. 18000
D. 12000
Answer» D. 12000
128.

A …………………………. Is an organization designed and success of entrepreneurial companies through an array of business support resources and services.

A. business incubators.
B. industrial estates.
C. dic.
D. none of these.
Answer» A. business incubators.
129.

………………………….. Skill refers to the ability to conceive new ideas and products.

A. diagnostic
B. conceptual
C. technical
D. human relation
Answer» B. conceptual
130.

The skill to handle people and to influence their behaviour is known as ……………

A. diagnostic
B. conceptual
C. technical
D. human relation
Answer» D. human relation
131.

………….. Skill refers to the ability to understand problems from visible symptoms.

A. diagnostic
B. conceptual
C. technical
D. human relation
Answer» A. diagnostic
132.

Ability to use techniques ,procedures and tools of a specific field is called…………

A. diagnostic
B. conceptual
C. technical
D. human relation
Answer» C. technical
133.

Entrepreneurship development is slow in Kerala because:

A. natural resources are limited.
B. poor quality of man power.
C. instable govt.
D. none of these.
Answer» D. none of these.
134.

The minimum numbers to form an ED club is:

A. 20.
B. 25.
C. 50.
D. none of these.
Answer» B. 25.
135.

Which one of the following is not a function of ED club:

A. organic workshop.
B. interaction with promotional agencies.
C. provide infrastructure.
D. organic industrial visits.
Answer» C. provide infrastructure.
136.

Which of the following provides services and advices to start up firms:

A. business incubators.
B. industrial estates.
C. dic.
D. none of these.
Answer» A. business incubators.
137.

………………….analysis is concerned with identification of project demand potential and selection of optimal technology:

A. techno-economic
B. network
C. financial
D. social cost-benefit
Answer» A. techno-economic
138.

…………………………. Analysis is concerned with the development of detailed work plan of the project and its time profile:

A. techno-economic
B. network
C. financial
D. social cost-benefit
Answer» B. network
139.

………………. Analysis involves estimation of project costs and revenues and funds required for the project:

A. techno-economic
B. network
C. financial
D. social cost-benefit
Answer» C. financial
140.

……………………… analysis aims at analyzing the real contribution of an investment project towards welfare of country as a whole;

A. techno-economic
B. network
C. financial
D. social cost-benefit
Answer» D. social cost-benefit
141.

………………………. Helps to take investment decision:

A. techno-economic
B. technical
C. financial
D. pre-investment appraisal
Answer» D. pre-investment appraisal
142.

………………. Analysis is carried out to ascertain technical soundness of the project:

A. techno-economic
B. technical
C. financial
D. pre-investment appraisal
Answer» B. technical
143.

………………………….. Refers to manner in which a company’s inputs are transferred into output process:

A. process
B. method
C. technology
D. method
Answer» C. technology
144.

………………. Give right to use patented technology and get related know-how on mutually agreed basis:

A. technology licensing.
B. purchase of technology.
C. joint venture.
D. indigenous technology.
Answer» A. technology licensing.
145.

There is no need for technological support from the seller in ……………………………

A. technology licensing.
B. purchase of technology.
C. joint venture.
D. indigenous technology
Answer» B. purchase of technology.
146.

The supplier may participate technically as well as financially in a ………………… arrangement.

A. technology licensing.
B. purchase of technology.
C. joint venture.
D. indigenous technology
Answer» C. joint venture.
147.

Technology developed within a country is called …………………………….

A. technology licensing.
B. purchase of technology.
C. joint venture.
D. indigenous technology
Answer» D. indigenous technology
148.

……………… Refers to the volume that can be manufactured during a given period:

A. plant capacity.
B. plant location.
C. plant layout.
D. process layout.
Answer» A. plant capacity.
149.

………………… Refers to the board area where the enterprise is to be established:

A. plant capacity.
B. plant location.
C. plant layout.
D. process layout.
Answer» B. plant location.
150.

…………………………….. Refers to the arrangement of machines, equipments and other physical facilities within factory premises:

A. plant capacity.
B. plant location.
C. plant layout.
D. process layout.
Answer» C. plant layout.
151.

In …………………………….. Similar machines are placed in one place according to operations they perform:

A. process layout.
B. combined layout.
C. stationary layout.
D. cellular layout.
Answer» A. process layout.
152.

In …………………… Men and equipment are moved to the material which remains in one place:

A. process layout.
B. combined layout.
C. stationary layout.
D. cellular layout.
Answer» C. stationary layout.
153.

…………………………….. Is possible where in item is made in different types and sizes:

A. process layout.
B. combined layout.
C. stationary layout.
D. cellular layout.
Answer» B. combined layout.
154.

In ……………………… machines dedicated to sequences of production are grouped into cells:

A. process layout.
B. combined layout.
C. stationary layout.
D. cellular layout.
Answer» D. cellular layout.
155.

Line layout is also called ………………………….

A. process layout.
B. combined layout.
C. stationary layout.
D. product layout
Answer» D. product layout
156.

In …………………………. Machines are arranged in sequence in which they are used:

A. process layout.
B. combined layout.
C. stationary layout.
D. product layout
Answer» D. product layout
157.

There is a continuous flow of materials in process towards the finished product stage in…………

A. process layout.
B. combined layout.
C. stationary layout.
D. product layout
Answer» D. product layout
158.

…………………. Is the best suited in mass production:

A. process layout.
B. combined layout.
C. stationary layout.
D. product layout
Answer» D. product layout
159.

…………………….. Is an innovative layout:

A. process layout.
B. combined layout.
C. stationary layout.
D. cellular layout.
Answer» D. cellular layout.
160.

……………….. Is referred to as group layout:

A. process layout.
B. combined layout.
C. stationary layout.
D. cellular layout.
Answer» A. process layout.
161.

………………….. Is called fixed position layout:

A. process layout.
B. combined layout.
C. stationary layout.
D. cellular layout.
Answer» C. stationary layout.
162.

………………………. Is also called functional layout:

A. process layout.
B. combined layout.
C. stationary layout.
D. cellular layout.
Answer» A. process layout.
163.

………………….is a post investment decision report.

A. feasibility report
B. interim report
C. project report
D. progress report
Answer» C. project report
164.

……………………..provides clues to pertinent questions like “what, why, how, when and where of the project.

A. feasibility report
B. interim report
C. project report
D. progress report
Answer» C. project report
165.

An in-depth study is not required in ……………………….

A. feasibility report
B. interim report
C. project report
D. progress report
Answer» A. feasibility report
166.

…………………..is the master report

A. feasibility report
B. interim report
C. project report
D. progress report
Answer» C. project report
167.

………………………..is the final report

A. feasibility report
B. interim report
C. project report
D. progress report
Answer» C. project report
168.

Which of the following is not included in utilities.

A. raw materials
B. water
C. power
D. effluent disposal
Answer» A. raw materials
169.

Which of the these are not industries promotional institution

A. kfc
B. ksidc
C. ksetdc
D. ktc
Answer» D. ktc
170.

Ability to make clear decisions on the merits of a case is called…………….skill.

A. communication
B. decision-making
C. project development
D. management
Answer» B. decision-making
171.

…….skill helps an entrepreneur to establish an enterprise.

A. communication
B. decision-making
C. project development
D. management
Answer» C. project development
172.

……………skill relates to accounting and financing control, marketing, production planning and inventory control and to manage people who work in the enterprise.

A. communication
B. decision-making
C. project development
D. management
Answer» D. management
173.

……………… skills are necessary for an entrepreneur to deal with many people.

A. communication
B. decision-making
C. project development
D. management
Answer» A. communication
174.

Incubators organised by the government are called………………

A. government sponsored
B. non-profit organizations sponsored
C. university sponsored
D. privately sponsored
Answer» A. government sponsored
175.

……..are incubators sponsored and managed through associations, chambers of commerce etc

A. government sponsored
B. non-profit organizations sponsored
C. university sponsored
D. privately sponsored
Answer» B. non-profit organizations sponsored
176.

……… incubators transit the findings of research and development into new products and technologies.

A. government sponsored
B. non-profit organizations sponsored
C. university sponsored
D. privately sponsored
Answer» C. university sponsored
177.

…………incubators are organised and managed by private firms or companies or corporations

A. government sponsored
B. non-profit organizations sponsored
C. university sponsored
D. privately sponsored
Answer» D. privately sponsored
178.

………………incubators create employment.

A. general purpose
B. technology
C. specialist
D. none
Answer» A. general purpose
179.

…………….incubators seek to commercialize new product or service

A. general purpose
B. technology
C. specialist
D. none
Answer» B. technology
180.

……………..incubators focus on specific industry areas like art and craft.

A. general purpose
B. technology
C. specialist
D. none
Answer» C. specialist
181.

which of these is not a criteria for choosing right incubator.

A. success rates
B. quality
C. site
D. space
Answer» C. site
182.

…………..is made up of a core group of highly specialized firms the same industry.

A. ed clubs
B. business clubs
C. chamber of commerce
D. business clusters
Answer» D. business clusters
183.

Which of these is a problem of MSMEs

A. bogus units
B. inadequate finance
C. lack of managerial experience
D. all of these
Answer» D. all of these
184.

The slogan “innovate or evaporate” was given by………..

A. robert owen
B. joseph schumpeter
C. richard cantillon
D. philip kotler
Answer» D. philip kotler
185.

The first and foremost industrial estate was established at…………………

A. rajkot
B. ahmadabad
C. patna
D. gurgaon
Answer» A. rajkot
186.

The first and foremost industrial estate was established in the year…………………

A. 1960
B. 1962
C. 1955
D. 1950
Answer» C. 1955
187.

……………… means organising, housing and servicing industry, a planned clustering of industrial enterprises offering standard factory buildings erected in advance of demand and a variety of services and facilities to the occupants.

A. industry
B. industrial estate
C. company
D. none of these
Answer» B. industrial estate
188.

………..is the advance given to cover the finance requirement during the time lag between sanctioning and disbursement of term loan by financial institutions.

A. incentive
B. bridge capital
C. subsidy
D. venture capital
Answer» B. bridge capital
189.

………………. Is the work of entrepreneurs.

A. invention
B. innovation
C. both
D. none
Answer» B. innovation
190.

…………………….. is the work of scientists.

A. invention
B. innovation
C. both
D. none
Answer» A. invention
191.

Which of these is not a environmental barrier to entrepreneurship

A. lack of skilled labour
B. custom of people
C. lack of fund
D. lack of infrastructure
Answer» B. custom of people
192.

Which of these is a social barrier to entrepreneurship

A. low status
B. custom of people
C. both
D. none
Answer» C. both
193.

……………..is a combination of knowledge, skills and appropriate motives that an individual must possess to perform a given task.

A. persistence
B. initiative
C. competency
D. creativity.
Answer» C. competency
194.

The capacity to take repeated and different actions to overcome obstacles is called……………..

A. persistence
B. initiative
C. competency
D. creativity.
Answer» A. persistence
195.

An inner urge in an individual to do something is called……………

A. persistence
B. initiative
C. competency
D. creativity.
Answer» B. initiative
196.

…………….is the ability of an entrepreneur to successfully convince others.

A. persistence
B. initiative
C. competency
D. persuasion.
Answer» D. persuasion.
197.

Projects for industrial development is an…………….project.

A. quantifiable
B. non-quantifiable
C. sectoral
D. crash
Answer» A. quantifiable
198.

Additional capital cost are incurred in …………projects to save time.

A. quantifiable
B. non-quantifiable
C. sectoral
D. crash
Answer» D. crash
199.

Large scale projects are an example of …………….project

A. quantifiable
B. magnitude oriented
C. sectoral
D. crash
Answer» B. magnitude oriented
200.

……………analysis helps in studying the impact of crucial variables like raw materials, sales volume, sales price, degree of capacity utilization etc over the economic viability of an enterprise.

A. break-even
B. sensitivity
C. risk
D. ratio
Answer» B. sensitivity
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