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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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

360+ Entrepreneurship Development (ED) Solved MCQs

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

…………………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

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

Crashing is applicable in………………..

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

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

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

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

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

Which of the following risks is borne by the entrepreneur:

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

A micro enterprise is one in which the investment in plant and machinery does not exceed Rs. ……………………

A micro enterprise is one in which the investment in plant and machinery does not exceed Rs…………………….. .

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

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

A micro manufacturing enterprise is one in which the investment in plant and machinery does not exceed…………………….

A micro service is one in which the investment in plant and machinery does not exceed………..

A small service enterprise is one in which the investment in plant and machinery does not exceed…………………….

A single lump sum which is given by a govt. to an entrepreneur to cover the cost is known as…….

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…………..

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

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

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.

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

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

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

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

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

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

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

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………..

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

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.

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

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

The main object of project appraisal is :

Which one is not an element of project appraisal :

The discount rate must be determined in advance for the :

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

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

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

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

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

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

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

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

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

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

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