McqMate
| 301. |
The level at which an individual is viewed by society is called |
| A. | Financial status |
| B. | Qualification |
| C. | Social status |
| D. | Achievement |
| Answer» C. Social status | |
| 302. |
External environment factor includes: |
| A. | Economic factor |
| B. | Technological factor |
| C. | Social factor |
| D. | All the above |
| Answer» D. All the above | |
| 303. |
________ factor is an essential factor of external environment analysis: |
| A. | Physical |
| B. | Competition |
| C. | Financial |
| D. | Organizational |
| Answer» B. Competition | |
| 304. |
Which of the following is not the internal business environment? |
| A. | Organization‟s mission & vision |
| B. | Company culture & image |
| C. | Value system |
| D. | Suppliers |
| Answer» D. Suppliers | |
| 305. |
The final step in entrepreneurship development process is: |
| A. | Discovery |
| B. | Developing a business plan |
| C. | Harvesting |
| D. | Managing the company |
| Answer» C. Harvesting | |
| 306. |
While identifying the business opportunities the entrepreneur must include: |
| A. | Economic trends |
| B. | Change in customer base |
| C. | Market trends |
| D. | All the above |
| Answer» D. All the above | |
| 307. |
The most dynamic force, shaping entrepreneurs destiny is: |
| A. | Social factor |
| B. | Technological factor |
| C. | Competitive factor |
| D. | Political factor |
| Answer» B. Technological factor | |
| 308. |
Internal environment factors includes: |
| A. | Resources of the organization |
| B. | Board of directors |
| C. | Shareholders |
| D. | All of the above |
| Answer» D. All of the above | |
| 309. |
_____________ may be defined as an attractive project idea: |
| A. | Business opportunity |
| B. | Idea generation |
| C. | Good market |
| D. | Investment |
| Answer» A. Business opportunity | |
| 310. |
To start an entrepreneurial activities, first process is to: |
| A. | develop a business plan |
| B. | discover a new thought |
| C. | accumulate fund |
| D. | manage the business |
| Answer» C. accumulate fund | |
| 311. |
Once the opportunity is identified, an entrepreneur needs to create a: |
| A. | comprehensive business plan |
| B. | discovery |
| C. | capital fund |
| D. | budget |
| Answer» A. comprehensive business plan | |
| 312. |
Minimum rate of wages per day of skilled – II workers in Mizoram is Rs |
| A. | 380 |
| B. | 420 |
| C. | 520 |
| D. | 640 |
| Answer» B. 420 | |
| 313. |
Mission of a business house should have holistic approach towards the: |
| A. | quality control |
| B. | family |
| C. | maximization of profit |
| D. | society and the nation |
| Answer» D. society and the nation | |
| 314. |
Labourunionsgenerally collectively bargain with the management for: |
| A. | higher wages |
| B. | better working conditions |
| C. | better working environments |
| D. | all of the above |
| Answer» D. all of the above | |
| 315. |
To maintain quality of the product and increase goodwill, a business house should plan to recruit human resource by avoiding: |
| A. | skilled labour |
| B. | knowledgeable person |
| C. | nepotism |
| D. | experienced person |
| Answer» A. skilled labour | |
| 316. |
Political environment of a state can improve the entrepreneurial growth by stages of: |
| A. | legislature |
| B. | execution |
| C. | judiciary |
| D. | all the above |
| Answer» B. execution | |
| 317. |
Government checks restrictive trade practices through: |
| A. | Industrial policy Act, 1991 |
| B. | MRTP Act |
| C. | FEMA Act |
| D. | none of these |
| Answer» C. FEMA Act | |
| 318. |
A micro enterprise is an enterprise where investment in plant and machinery does not exceed ( according to MSME Act, 2006) |
| A. | Rs. 15 lakhs |
| B. | Rs. 20 lakhs |
| C. | Rs. 25 lakhs |
| D. | Rs. 30 lakhs |
| Answer» A. Rs. 15 lakhs | |
| 319. |
A medium enterprise, where the investment in plant and machinery is more than Rs. 5 crore but does not exceed |
| A. | Rs. 10 crore |
| B. | Rs. 15 crore |
| C. | Rs. 20 crore |
| D. | Rs. 25 crore |
| Answer» B. Rs. 15 crore | |
| 320. |
A small enterprise, where the investment in equipment is more than Rs. 10 lakhs but does not exceeds |
| A. | Rs. 1 crore |
| B. | Rs. 2 crore |
| C. | Rs. 3 crore |
| D. | Rs. 4 crore |
| Answer» A. Rs. 1 crore | |
| 321. |
An industry established before the commencement of MSME Act 2006 and having investment in plant and machinery of more than Rs. 1 crore but not exceeding 10 crore, was also required to file memorandum within |
| A. | 60 days |
| B. | 80 days |
| C. | 160 days |
| D. | 180 days |
| Answer» A. 60 days | |
| 322. |
Micro Units Development & Refinance Agency Limited (MUDRA) and Pradhan Mantri MUDRA Yonana (PMMY) was launched on |
| A. | 6th March, 2015 |
| B. | 8th March, 2015 |
| C. | 6th April, 2015 |
| D. | 8th April, 2015 |
| Answer» D. 8th April, 2015 | |
| 323. |
In order to give a boost to the lending under PMMY, especially for Shisshu category loans, a credit campaign was carried out from |
| A. | 1st September to 2ndOctober, 2015 |
| B. | 1st October to 2nd November 2016 |
| C. | 1st September to 2nd October 2017 |
| D. | None of the above |
| Answer» B. 1st October to 2nd November 2016 | |
| 324. |
The sale and responsibilities of NUDRA is declared on |
| A. | 1st March, 2015 |
| B. | 2nd March, 2015 |
| C. | 3r dMarch, 2015 |
| D. | 4th March, 2015 |
| Answer» C. 3r dMarch, 2015 | |
| 325. |
Under the Shishu category, smaller loan amount is sanction upto |
| A. | Rs. 30,000 |
| B. | Rs. 40,000 |
| C. | Rs. 50,000 |
| D. | Rs. 60,000 |
| Answer» C. Rs. 50,000 | |
| 326. |
Small scale industries (SSIs) also known as MSMEs are defined & categorized by the Micro, Small & Medium Enterprises Development Act |
| A. | 2006 |
| B. | 2007 |
| C. | 2008 |
| D. | 2009 |
| Answer» C. 2008 | |
| 327. |
Name the institution which was set up in 1982 to promote integrated rural development |
| A. | NSIC |
| B. | NABARD |
| C. | SIDBI |
| D. | NCEUS |
| Answer» D. NCEUS | |
| 328. |
Name the institution which is set up as an apex bank to provide direct or indirect financial assistance under different scheme. |
| A. | SIDBI |
| B. | NSIC |
| C. | RSBDC |
| D. | None of the above |
| Answer» B. NSIC | |
| 329. |
Investment in equipments service sector in Micro scale industry should be |
| A. | Up to 10 Lacs |
| B. | 10Lacs – 2 Crores |
| C. | 2 Crores – 5 Crores |
| D. | None of the above |
| Answer» B. 10Lacs – 2 Crores | |
| 330. |
MUDRA has already created the following products / schemes |
| A. | Shishu |
| B. | Kishor |
| C. | Tarun |
| D. | All of the above |
| Answer» A. Shishu | |
| 331. |
Investment in equipments service sector in Small scale industry should be |
| A. | Up to 10 Lacs |
| B. | 10Lacs – 2 Crores |
| C. | 2 Crores – 5 Crores |
| D. | None of the above |
| Answer» C. 2 Crores – 5 Crores | |
| 332. |
MUDRA Bank was launched on |
| A. | 8 April 2000 |
| B. | 8 April 2010 |
| C. | 8 April 2015 |
| D. | 8 April 2018 |
| Answer» A. 8 April 2000 | |
| 333. |
Investment in equipments service sector in Medium scale industry should be |
| A. | Up to 10 Lacs |
| B. | 10Lacs – 2 Crores |
| C. | 2 Crores – 5 Crores |
| D. | None of the above |
| Answer» C. 2 Crores – 5 Crores | |
| 334. |
For establishment of a new unit, an entrepreneur is required to obtain: |
| A. | Provisional Registration |
| B. | Permanent registration |
| C. | Both (a) and (b) |
| D. | None of the above |
| Answer» B. Permanent registration | |
| 335. |
As per the MSMED Act, 2006, micro enterprise (manufacturing) is the enterprise whose investment is equipment does not exceed. |
| A. | Rs. 10 lakhs |
| B. | Rs. 15 lakhs |
| C. | Rs. 20 lakhs |
| D. | Rs. 25 lakhs |
| Answer» B. Rs. 15 lakhs | |
| 336. |
MUDRA bank was established on |
| A. | 9thMay, 2015 |
| B. | 8thApril, 2015 |
| C. | 8thJune, 2015 |
| D. | 9thJuly, 2015 |
| Answer» A. 9thMay, 2015 | |
| 337. |
An entrepreneur is not required to obtain license under the Industries development and Regulation Act, if his assets less than: |
| A. | Rs. 5 lakhs |
| B. | Rs. 10 lakhs |
| C. | Rs. 15 lakhs |
| D. | Rs. 20 lakhs |
| Answer» A. Rs. 5 lakhs | |
| 338. |
In venture capital, there is |
| A. | High risk |
| B. | Normal risk |
| C. | No risk |
| D. | None of the above |
| Answer» A. High risk | |
| 339. |
For establishing new and risky business units in India, Venture Capital is |
| A. | Unnecessary |
| B. | Necessary |
| C. | Extremely necessary |
| D. | Wastage of capital |
| Answer» A. Unnecessary | |
| 340. |
MUDRA has been set up by whom? |
| A. | Government of India |
| B. | RBI |
| C. | SEBI |
| D. | IDBI |
| Answer» A. Government of India | |
| 341. |
MUDRA scheme is applicable to which type of MSE businesses under income generation purpose |
| A. | Newly start ups |
| B. | Existing business for expansion or up-gradation |
| C. | Both a and b |
| D. | None of the above |
| Answer» D. None of the above | |
| 342. |
For establishment of a new unit, an entrepreneur is required to obtain: |
| A. | Provisional registration |
| B. | Provisional and permanent registration |
| C. | Permanent registration |
| D. | None of the above |
| Answer» C. Permanent registration | |
| 343. |
Under new licensing policy for establishing small scale unit, licensing is: |
| A. | Compulsory |
| B. | Voluntary |
| C. | Necessary |
| D. | Exempted |
| Answer» D. Exempted | |
| 344. |
The Micro, Small and Medium Enterprises Development Act (MSMED) Act was enacted on: |
| A. | June 16, 2006 |
| B. | July 10, 2016 |
| C. | October 2, 2006 |
| D. | February 16, 2006 |
| Answer» A. June 16, 2006 | |
| 345. |
Investment in plant & machinery of the Micro enterprises in manufacturing enterprises is: |
| A. | Upto Rs 25 lakhs |
| B. | Upto Rs 20 lakhs |
| C. | Upto Rs 10 lakhs |
| D. | Upto Rs 5 crore |
| Answer» B. Upto Rs 20 lakhs | |
| 346. |
Loans given by commercial banks is: |
| A. | Short-term |
| B. | Long-term |
| C. | Medium term |
| D. | All of the above |
| Answer» C. Medium term | |
| 347. |
Venture capital is a source of investment for: |
| A. | Start-up companies |
| B. | Developing companies |
| C. | Existing companies |
| D. | All of the above |
| Answer» B. Developing companies | |
| 348. |
MURDA Bank was set up for „funding the unfunded‟: |
| A. | Micro enterprises |
| B. | Medium enterprises |
| C. | Small enterprises |
| D. | All of the above |
| Answer» B. Medium enterprises | |
| 349. |
MURDA is set up to refinance and support financial institutions like: |
| A. | Micro finance institution |
| B. | Private sector banks |
| C. | Non-banking finance companies |
| D. | All of the above |
| Answer» D. All of the above | |
| 350. |
Venture Capital investment is also referred to |
| A. | risk capital |
| B. | patient risk capital |
| C. | Both (a) and (b) |
| D. | None of the above |
| Answer» C. Both (a) and (b) | |
| 351. |
Venture Capital is the money provided by an outside investor to finance |
| A. | a new business, |
| B. | a growing business |
| C. | troubled business. |
| D. | All of the above |
| Answer» D. All of the above | |
| 352. |
Methods of Venture Capital financing includes |
| A. | Equity |
| B. | Equality |
| C. | troubled business. |
| D. | None of the above |
| Answer» A. Equity | |
| 353. |
The full form of MSME is |
| A. | Mini, small and Medium Enterprise |
| B. | Micro, small and Medium Enterprise |
| C. | Micro, small and Moderate Enterprise |
| D. | Mini, small and Many Enterprise |
| Answer» B. Micro, small and Medium Enterprise | |
| 354. |
The Manufacturing Enterprise are defined in terms of |
| A. | investment in Agriculture |
| B. | investment in Services |
| C. | investment in Plant & Machinery. |
| D. | Infrastructure in Plant & Machinery. |
| Answer» C. investment in Plant & Machinery. | |
| 355. |
In investment in plant and machinery , Small Scale Enterprise |
| A. | Must be between 5 lakh rupees but does not exceed 25 lakhs rupees |
| B. | Must be between 25 lakhs rupees but does not exceed 5 crore rupees |
| C. | Must be between 30 lakhs rupees but does not exceed 10 crore rupees |
| D. | Must be between 2 lakhs rupees but does not exceed 5 lakhs rupees |
| Answer» B. Must be between 25 lakhs rupees but does not exceed 5 crore rupees | |
| 356. |
Pradhan Mantri MUDRA Yojana (PMMY) provides loans upto |
| A. | 5 lakhs |
| B. | 10 lakhs |
| C. | 15 lakhs |
| D. | 20 lakhs |
| Answer» B. 10 lakhs | |
| 357. |
There are two important sources of entrepreneurial finance, one is |
| A. | Internal funding |
| B. | External funding |
| C. | Owners‟ Equity |
| D. | Both (b) and (c) |
| Answer» D. Both (b) and (c) | |
| 358. |
Small Industries Extension training Institute (SIET) launched a programme for starting industrial entrepreneurs in |
| A. | 1964 |
| B. | 1974 |
| C. | 1984 |
| D. | None of the above |
| Answer» B. 1974 | |
| 359. |
SIET is one of the earliest institution in the country started at |
| A. | Mumbai |
| B. | Chennai |
| C. | Hyderabad |
| D. | Delhi |
| Answer» C. Hyderabad | |
| 360. |
In India, participation of women in industrial entrepreneurial sector has commenced from |
| A. | 1960‟s onward |
| B. | 1970‟s onward |
| C. | 1980‟s onward |
| D. | 1990‟s onward |
| Answer» B. 1970‟s onward | |
| 361. |
As a continuing process of developing the entrepreneurs in the North East, NECON was started in 1987 at |
| A. | Guwahati |
| B. | Nagaland |
| C. | Imphal |
| D. | Shillong |
| Answer» C. Imphal | |
| 362. |
Internal and external environment are considered under the term |
| A. | physical facilities |
| B. | environmental facilities |
| C. | industrial facilities |
| D. | none of the above |
| Answer» A. physical facilities | |
| 363. |
Industrial Credit and Investment Corporation of India (ICICI) was set up on |
| A. | January 1955 |
| B. | February 1955 |
| C. | March 1956 |
| D. | January 1965 |
| Answer» A. January 1955 | |
| 364. |
State financial corporation was set up in |
| A. | 1948 |
| B. | 1949 |
| C. | 1950 |
| D. | 1951 |
| Answer» A. 1948 | |
| 365. |
State Industrial Development Corporation is to provide assistance in the form of |
| A. | Technical assistance |
| B. | Developmental assistance |
| C. | Term loans |
| D. | None of the above |
| Answer» C. Term loans | |
| 366. |
North Eastern Industrial Technical Consultants Organisation Limited is abbreviated as |
| A. | NEITCO |
| B. | NETCO |
| C. | NITCO |
| D. | None of the above |
| Answer» A. NEITCO | |
| 367. |
The full form of NEDFi is |
| A. | North Eastern Fitness Development Centre Ltd |
| B. | North Eastern Development Finance Corporation Ltd |
| C. | North Eastern Financial Development pvt Ltd |
| D. | None of the above |
| Answer» B. North Eastern Development Finance Corporation Ltd | |
| 368. |
Women entrepreneur of the North East provides only ___________% of employment provided by women entrepreneurs in India. |
| A. | 2 |
| B. | 4 |
| C. | 3.76 |
| D. | 5 |
| Answer» C. 3.76 | |
| 369. |
The role of small-scale industry in North East: |
| A. | To provide techno-economic and managerial consultancy,common facilities andextension services to the MSME sector |
| B. | Making available the economic information services needed for the MSME sector |
| C. | Developing human resources through training and skill upgradation |
| D. | All of the above |
| Answer» D. All of the above | |
| 370. |
Problems faced by the North East entrepreneurs: |
| A. | Paucity of funds |
| B. | Competition |
| C. | Legal formalities |
| D. | All of the above |
| Answer» D. All of the above | |
| 371. |
Which of the following is true with respect to problems faced by women entrepreneurs in North East? |
| A. | Significant entrepreneurial zeal and motivation |
| B. | There are no Socio-religious-political barriers |
| C. | Mostly preoccupied with household activities and responsibilities |
| D. | Abundance of of awareness and dynamism |
| Answer» C. Mostly preoccupied with household activities and responsibilities | |
| 372. |
Which of the following is false with respect to prospects of entrepreneurship in North East? |
| A. | Communication and transportation links improve |
| B. | Investment has been coming in on various fronts in recent years |
| C. | Abundance of funds |
| D. | The region‟s educational attainments helps capture international mainstreams |
| Answer» C. Abundance of funds | |
| 373. |
The objective of NEDFi |
| A. | To provide long term financial assistance for setting up a new industries |
| B. | To provide assistance in infrastructure projects as well as for expansion |
| C. | Diversification or modernization of existing industrial enterprises |
| D. | All of the above |
| Answer» D. All of the above | |
| 374. |
MSMED Act has come into forced on |
| A. | 2ndSeptember, 2006 |
| B. | 2ndOctober, 2006 |
| C. | 2ndNovember, 2006 |
| D. | 2ndDecember, 2006 |
| Answer» B. 2ndOctober, 2006 | |
| 375. |
The activity which occurs when the new venture is started is called: |
| A. | Motivation |
| B. | Business skills |
| C. | Departure point |
| D. | Achievement |
| Answer» C. Departure point | |
| 376. |
The Industrial policy for North-East was announced in |
| A. | 1996 |
| B. | 1997 |
| C. | 1998 |
| D. | 1999 |
| Answer» B. 1997 | |
| 377. |
A women entrepreneur is supposed to have a minimum financial interest in share capital of entrepreneur‟s enterprise: |
| A. | 35% |
| B. | 51% |
| C. | 25% |
| D. | None of the above |
| Answer» C. 25% | |
| 378. |
Industries promoted by women entrepreneurs |
| A. | Agarbatti making |
| B. | apad making |
| C. | Handicrafts |
| D. | All of the above |
| Answer» D. All of the above | |
| 379. |
The Industrial Policy for North-East was announced in |
| A. | 1994 |
| B. | 1996 |
| C. | 1997 |
| D. | 1998 |
| Answer» C. 1997 | |
| 380. |
The problems of women entrepreneurship in rural areas of Assam are due to |
| A. | Individual problems |
| B. | Social problems |
| C. | Structural problems |
| D. | All of the above |
| Answer» D. All of the above | |
| 381. |
In the North-Eastern region of India, designed and methodical efforts in entrepreneurship development began in the |
| A. | 70‟s |
| B. | 80‟s |
| C. | 90‟s |
| D. | None of the above |
| Answer» A. 70‟s | |
| 382. |
Women entrepreneur in India are in: |
| A. | Backward stage |
| B. | Developed stage |
| C. | Developing stage |
| D. | none of these. |
| Answer» C. Developing stage | |
| 383. |
The government of India defined women entrepreneurship as an enterprise owned and controlled by a women having a minimum financial interest up to: |
| A. | 51% of the capital |
| B. | 49% of the capital |
| C. | 50% of the capital |
| D. | 41% of the capital |
| Answer» A. 51% of the capital | |
| 384. |
Problems faced by the women entrepreneur does not include: |
| A. | Lack of confidence |
| B. | Competition from male entrepreneurs |
| C. | Family responsibilities |
| D. | none of the above |
| Answer» D. none of the above | |
| 385. |
_____ was set up to act as a catalyst on entrepreneurship development with it‟sfocus on North East: |
| A. | IIE |
| B. | NEITCO |
| C. | NSIV |
| D. | SISIs |
| Answer» A. IIE | |
| 386. |
The North Eastern Council was set up in ______ |
| A. | 1992 |
| B. | 1962 |
| C. | 1972 |
| D. | 1872 |
| Answer» C. 1972 | |
| 387. |
The entrepreneurial career taken up by educated youth in North East India is |
| A. | Small |
| B. | Average |
| C. | Large |
| D. | None of the above |
| Answer» A. Small | |
| 388. |
Prime Minister‟s Employment Generation Programme (PMEGP) was introduced in: |
| A. | July 2008 |
| B. | August 2018 |
| C. | August 2008 |
| D. | October 2006 |
| Answer» C. August 2008 | |
| 389. |
Under the Credit Linked Subsidy Scheme, the rate of subsidy has been raised following the amendments from 12% to: |
| A. | 16% |
| B. | 20 |
| C. | 13% |
| D. | 15% |
| Answer» D. 15% | |
| 390. |
North East Industrial and Investment Promotion Policy The full form of NEIIPP, 2007 is |
| A. | North East Industrial and Investment Promotion Policy |
| B. | North East Industrial and Infrastructure Promotion Policy |
| C. | North East Industrialist Investment Promotion Policy |
| D. | None of the above |
| Answer» A. North East Industrial and Investment Promotion Policy | |
| 391. |
The North East Industrial Policy (NEIP), 1997 |
| A. | Does not cover Sikkim |
| B. | covered Sikkim |
| C. | Does not cover Mizoram |
| D. | covered Mizoram |
| Answer» B. covered Sikkim | |
| 392. |
Income Tax exemption under NEIIPP, 2007 will be |
| A. | 50% |
| B. | 75% |
| C. | 90% |
| D. | 100% |
| Answer» D. 100% | |
| 393. |
India‟s Act East Policy focusses on the extended neighbourhood in |
| A. | Asia-Pacific region. |
| B. | Asia- china region. |
| C. | Asia- Antartic region. |
| D. | None of the above |
| Answer» A. Asia-Pacific region. | |
| 394. |
One primary problem that NE entrepreneurs face is |
| A. | the lack of raw materials |
| B. | the lack of suitable outlets to sell the products. |
| C. | the lack of water |
| D. | None of the above |
| Answer» B. the lack of suitable outlets to sell the products. | |
| 395. |
The north-eastern region of India comprises |
| A. | five states |
| B. | six states |
| C. | seven states |
| D. | Eight states |
| Answer» C. seven states | |
| 396. |
The famous brand name „Madhushree‟in Assam was created by |
| A. | Lalita Devi Jain |
| B. | Madhu Devi Jain |
| C. | LalitaJashree |
| D. | None of the above |
| Answer» A. Lalita Devi Jain | |
| 397. |
The full form of CWEI is |
| A. | Consensus of Women Entrepreneurs of India |
| B. | Consortium of Women Entrepreneurs of India |
| C. | Contribution of Women Entrepreneurs of India |
| D. | None of the above |
| Answer» B. Consortium of Women Entrepreneurs of India | |
Done Reading?