360+ Entrepreneurship Development (ED) Solved MCQs

201.

………………….analysis presents he picture of profit at different levels of production.

A. break-even
B. sensitivity
C. risk
D. ratio
Answer» A. break-even
202.

…………………analysis helps to compare current performance with the past and also in measuring effectiveness and efficiency of the organization in the light of norms of performances

A. break-even
B. sensitivity
C. risk
D. ratio
Answer» D. ratio
203.

………...analysis is a continuous process used to analyse the past and/or projected financial data.

A. break-even
B. sensitivity
C. financial
D. ratio
Answer» C. financial
204.

Crashing is applicable in………………..

A. pert
B. cpm
C. map
D. lob
Answer» B. cpm
205.

………………………..entrepreneurs are extremely task oriented.

A. Technical
B. Fabian
C. induced
D. Business
Answer» A. Technical
206.

The term intrapreneur was coined by …………………………. .

A. Robert Owen
B. Joseph Schumpeter
C. Richard Cantillon
D. Gifford Pinchot
Answer» D. Gifford Pinchot
207.

According to Schumpeter, Is the most important function of a modern entrepreneur.

A. Innovation,
B. invention,
C. skill,
D. creativity.
Answer» A. Innovation,
208.

Knowledge + Skill + Traits = ………………………………..

A. Innovation.
B. Competency.
C. Skill.
D. Creativity.
Answer» B. Competency.
209.

Social attitude is one of the important problems of a ………………………….. Entrepreneur.

A. Drone
B. Business
C. Women
D. Adoptive
Answer» C. Women
210.

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.
211.

Which of the following is a psychological factor affecting entrepreneurial growth:

A. Legitimacy of entrepreneurship,
B. social status,
C. need for achievement,
D. none of these.
Answer» C. need for achievement,
212.

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
213.

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» D. 10 lakhs
214.

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» A. Project appraisal.
215.

Capital investment subsidy was introduced in ………………………………….

A. 1973
B. 1971
C. 1972
D. 1970
Answer» B. 1971
216.

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.
217.

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.
218.

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.
219.

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
220.

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.
221.

The MSME Development Act came into force in the year……………………………….

A. 2005.
B. 2006.
C. 2007.
D. None of these.
Answer» B. 2006.
222.

Techno crafts is assistance is provided by………………………..

A. KFC
B. KITCO
C. KSIDC
D. KINFRA
Answer» A. KFC
223.

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
224.

After screening the ideas, they are translated into project………………………………….

A. portfolio
B. profiles
C. proposal
D. none
Answer» B. profiles
225.

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

A. Treat
B. threat
C. tort
D. none
Answer» B. threat
226.

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

A. profitability
B. liquidity
C. feasibility
D. viability
Answer» C. feasibility
227.

………………………………. 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
228.

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
229.

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
230.

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

A. event
B. activity
C. network
D. slack
Answer» A. event
231.

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
232.

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
233.

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
234.

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

A. P/V
B. current
C. profitability
D. none
Answer» A. P/V
235.

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.

A. venture capital
B. layered financing
C. deferred credit
D. lease financing
Answer» C. deferred credit
236.

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

A. traditional
B. discounting
C. modern
D. none
Answer» A. traditional
237.

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

A. Management
B. Appraisal
C. Evaluation
D. None
Answer» C. Evaluation
238.

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
239.

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.
240.

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. 114) Which one of the following is not a discounted cash flow technique:
Answer» D. NPV method. 114) Which one of the following is not a discounted cash flow technique:
241.

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. 1
Answer» C. Equivalent to firm’s average cost of capital.
242.

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

A. IRR
B. ARR
C. NPV
D. NTV
Answer» A. IRR
243.

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

A. higher
B. lower
C. negative
D. positive
Answer» D. positive
244.

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

A. higher
B. lower
C. negative
D. positive
Answer» C. negative
245.

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

A. higher
B. lower
C. negative
D. positive
Answer» A. higher
246.

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
247.

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

A. Business incubators.
B. Industrial estates.
C. DIC.
D. None of these.
Answer» C. DIC.
248.

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

A. diagnostic
B. conceptual
C. technical
D. human relation
Answer» B. conceptual
249.

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

A. Technology licensing.
B. Purchase of technology.
C. Joint venture.
D. Indigenous technology
Answer» D. Indigenous technology
250.

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

A. Process layout.
B. Combined layout.
C. Stationary layout.
D. product layout
Answer» D. product layout
251.

6 166) ………………………. Is also called functional layout:

A. Process layout.
B. Combined layout.
C. Stationary layout.
D. Cellular layout.
Answer» D. Cellular layout.
252.

7 178) Incubators organised by the government are called………………

A. government sponsored
B. non-profit organizations sponsored
C. university sponsored
D. privately sponsored
Answer» C. university sponsored
253.

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

A. communication
B. decision-making
C. project development
D. management
Answer» C. project development
254.

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

A. success rates
B. quality
C. site
D. space
Answer» C. site
255.

…………..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
256.

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

A. Robert Owen
B. Joseph Schumpeter
C. Richard Cantillon
D. Philip Kotler
Answer» D. Philip Kotler
257.

9 203)Large scale projects are an example of …………….project

A. quantifiable
B. magnitude oriented
C. sectoral
D. crash
Answer» B. magnitude oriented
258.

Crashing is applicable in………………..

A. PERT
B. CPM
C. MAP
D. LOB
Answer» B. CPM
259.

Intrapreneurship is also known as  

A. innovative entreprenurship
B. coorporate entreprenurship
C. women entreprenurship
D. none of these
Answer» B. coorporate entreprenurship
260.

  entreprenure adopt the successfull inovations

A. innovative
B. Adoptive
C. fabian
D. drone
Answer» B. Adoptive
261.

  entreprenure are very cautious and sceptical in adopting any change.

A. fabian
B. adoptive
C. innovative
D. drone
Answer» A. fabian
262.

  entreprenure are laggards as they continue to operate in their traditional way and resist changes

A. innovative
B. fabian
C. drone
D. adoptive
Answer» C. drone
263.

Entrepreneruial skills includes

A. creative problem solving
B. persuading
C. negotiation
D. all of these
Answer» D. all of these
264.

As per McCLELLAND' s psychyological theory suggest the most important characteristics for an entrepenure is

A. need for power
B. need for affiliation
C. need for achivement
D. need for copration
Answer» C. need for achivement
265.

Need hierarchy thoery ig given by

A. McClelland
B. herzgerg
C. maslow
D. J.S.mill
Answer» C. maslow
266.

Joseph schumpeter describe entrepenure as

A. risk taker
B. energetic
C. innovators
D. information seeking
Answer» C. innovators
267.

Basic problems of women entrepreneure in india

A. lack of education skill
B. male dominating society
C. lack of financial strength
D. all of these
Answer» D. all of these
268.

Which of the following factors should not be included in P

A. E Government re-cycling policy
B. Proposed reduction in interest rates
C. Competitor activity.
D. Demographic changes.
Answer» C. Competitor activity.
269.

A new venture's business plan is important because  

A. It helps to persuade others to commit funding to the venture.
B. Can help demonstrate the viability of the venture.
C. Provides a guide for business activities by defining objectives.
D. All the above.
Answer» D. All the above.
270.

Promoter is a person who .

A. takes part in the incorporation of a company .
B. is a director
C. is a relative of the managing director
D. works to publicity to the company
Answer» A. takes part in the incorporation of a company .
271.

The process of preparing an inventory of skills needed for

A. Economic viability
B. Financial feasibility.
C. Technical feasibility
D. Managerial competence.
Answer» D. Managerial competence.
272.

Memorandum of association of a firm contains  

A. rules regarding the internal management of the company
B. rules regarding the constitution and activities of the company.
C. rules regarding the external management
D. rules regarding the constitution
Answer» B. rules regarding the constitution and activities of the company.
273.

discretionary responsibilities relates to

A. philanthropy
B. ethical responsibity
C. legal responsibilities
D. economic responsibilities
Answer» A. philanthropy
274.

legal responsibilities relates to

A. just and fair practicies
B. obey the laws of land
C. attain economic goals
D. do good to others
Answer» B. obey the laws of land
275.

corporate social responsibility leads to

A. long run survival of bussines
B. improvement in public image
C. helps in avoiding government interferance
D. all of these
Answer» D. all of these
276.

EDP stands for

A. Entrepreneurship development programme
B. Entrepreneurship development policy
C. Entrepreneurship demand plan
D. none of these
Answer» A. Entrepreneurship development programme
277.

Entrepreneruial behavious includes

A. solving problems
B. taking initiative
C. taking responsibility
D. all of these
Answer» D. all of these
278.

the entreneurial growth in india gain momentum after the launch of economic planning in  

A. 1872
B. 1772
C. 1952
D. 1978
Answer» C. 1952
279.

Why are small businesses important to a country's econo

A. m They give an outlet for entrepreneurs
B. They can provide specialist support to larger companies.
C. They can be innovators of new products.
D. All the above.
Answer» D. All the above.
280.

Which of the following factors does the macro-environme

A. political and regulatory factors.
B. customer needs in a given market.
C. social and demographic factors.
D. technological changes
Answer» B. customer needs in a given market.
281.

designed to produce numerous ideas in a short period

A. Synectics
B. Delphi technique
C. Brain storming
D. Nominal group technique
Answer» C. Brain storming
282.

. describes the direction, the enterprise is going in, what its goals are, where it wants to be,and how it is going to get there

A. project report
B. technical anlaysis
C. market analysis
D. financial analysis
Answer» A. project report
283.

The oldest form of business organization is .

A. Partnership.
B. sole proprietorship
C. joint stock company
D. co-operative undertaking.
Answer» B. sole proprietorship
284.

A business arrangement where one party allows another party to use a business Name and sell its products or services is known as 

A. A cooperative.
B. A franchise
C. An owner-manager business
D. A limited company
Answer» B. A franchise
285.

The 'T' in a PESTLE analysis refers to .

A. Time
B. Technology
C. Training
D. Talent
Answer» B. Technology
286.

Which of the following is the reason for business failure

A. Lack of market research.
B. Poor financial control.
C. Poor management.
D. All the above
Answer» D. All the above
287.

kunkel proposed the theory of

A. social behaviour
B. consumer behaviour
C. cognitive response
D. X-efficiency
Answer» A. social behaviour
288.

adopting any change.

A. fabian
B. adoptive
C. innovative
D. drone
Answer» A. fabian
289.

operate in their traditional way and resist changes

A. innovative
B. fabian
C. drone
D. adoptive
Answer» C. drone
290.

Which of the following factors should not be included in PESTLE analysis?

A. Government re-cycling policy
B. Proposed reduction in
C. Competitor activity.
D. Demographic changes.
Answer» C. Competitor activity.
291.

A new venture's business plan is important because .

A. It helps to persuade others to commit funding to the
B. Can help demonstrate the
C. Provides a guide for business activities by
D. All the above.
Answer» D. All the above.
292.

Promoter is a person who .

A. takes part in the incorporation of a
B. is a director
C. is a relative of the managing director
D. works to publicity to the company
Answer» A. takes part in the incorporation of a
293.

The process of preparing an inventory of skills needed for effective implementation of the project is called as

A. Economic viability
B. Financial feasibility.
C. Technical feasibility
D. Managerial competence.
Answer» D. Managerial competence.
294.

Memorandum of association of a firm contains  

A. rules regarding the internal management of the
B. rules regarding the constitution and
C. rules regarding the external management
D. rules regarding the constitution
Answer» B. rules regarding the constitution and
295.

corporate social responsibility leads to

A. long run survival of bussines
B. improvement in public image
C. helps in avoiding government interferance
D. all of these
Answer» D. all of these
296.

EDP stands for

A. Entrepreneurship development programme
B. Entrepreneurship development
C. Entrepreneurship demand plan
D. none of these
Answer» A. Entrepreneurship development programme
297.

Why are small businesses important to a country's economy?

A. They give an outlet for entrepreneurs
B. They can provide specialist support
C. They can be innovators of new products.
D. All the above.
Answer» D. All the above.
298.

Which of the following factors does the macro-environment not include?

A. political and regulatory factors.
B. customer needs in a given market.
C. social and demographic factors.
D. technological changes
Answer» B. customer needs in a given market.
299.

produce numerous ideas in a short period

A. Synectics
B. Delphi technique
C. Brain storming
D. technique
Answer» C. Brain storming
300.

. describes the direction, the enterprise is going in, what its goals are, where it wants to be,and how it is

A. project report
B. technical anlaysis
C. market analysis
D. financial analysis
Answer» A. project report
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