McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Business Administration (BBA) , Bachelor of Commerce (B Com) .
| 251. |
DIC is the abbreviated form of |
| A. | District Incubation Centre |
| B. | Direct Innovation Centre |
| C. | District Industries Centre |
| D. | Non of the above |
| Answer» C. District Industries Centre | |
| 252. |
Objectives of Khadi and Village Industries Commission (KVIC): |
| A. | Promote khadi in rural areas |
| B. | Provide employment |
| C. | Build Strong community |
| D. | All of the above |
| Answer» D. All of the above | |
| 253. |
The duration of an EDP is generally for a period of: |
| A. | 3 Weeks |
| B. | 4 Weeks |
| C. | 5 Weeks |
| D. | 6 Weeks |
| Answer» A. 3 Weeks | |
| 254. |
Entrepreneurship development institute of India was set up in |
| A. | 1983 |
| B. | 1993 |
| C. | 1994 |
| D. | 1984 |
| Answer» A. 1983 | |
| 255. |
Indian Institute of Entrepreneurship is situated at |
| A. | Shillong |
| B. | Imphal |
| C. | Guwahati |
| D. | Aizawl |
| Answer» C. Guwahati | |
| 256. |
It is the Apex banking institution to provide finance for Agriculture and rural development. |
| A. | SBI |
| B. | IDBI |
| C. | NABARD |
| D. | EXIM |
| Answer» C. NABARD | |
| 257. |
KVIC was established in |
| A. | 1952 |
| B. | 1962 |
| C. | 1953 |
| D. | 1963 |
| Answer» C. 1953 | |
| 258. |
Entrepreneurial development programme provides |
| A. | Self-employment |
| B. | Increase in skills of entrepreneur |
| C. | Education and Training |
| D. | All of the above |
| Answer» D. All of the above | |
| 259. |
EDPs course contents contains_______ |
| A. | General introduction to entrepreneurs |
| B. | Motivation training |
| C. | Managerial skills |
| D. | All of the above |
| Answer» D. All of the above | |
| 260. |
The application for registration of a small scale unit should be submitted to the___ |
| A. | General manager, DIC |
| B. | Director, DIC |
| C. | General Manager, NSIC |
| D. | Director, NSIC |
| Answer» A. General manager, DIC | |
| 261. |
District Industries centers are located |
| A. | in each district |
| B. | in each state |
| C. | only in selected districts |
| D. | only in selected states |
| Answer» A. in each district | |
| 262. |
Who called entrepreneur an innovator? |
| A. | Thomas Cochran |
| B. | McClelland |
| C. | Schumpeter |
| D. | Everest Hagen |
| Answer» C. Schumpeter | |
| 263. |
The fundamental of in entrepreneurship is: |
| A. | Entrepreneurship development |
| B. | Entrepreneurial disposition |
| C. | Innovation |
| D. | Profitable enterprise |
| Answer» B. Entrepreneurial disposition | |
| 264. |
Indian Institute of Entrepreneurship (IIE) is situated at |
| A. | Shillong |
| B. | Guwahati |
| C. | Imphal |
| D. | Aizawl |
| Answer» B. Guwahati | |
| 265. |
The basic objective of EPD is: |
| A. | Select product |
| B. | Formulate the project |
| C. | Acquire managerial skill |
| D. | All of the above |
| Answer» D. All of the above | |
| 266. |
Entrepreneurial development programme provides |
| A. | Self-employment |
| B. | Increase in the skills of entrepreneur |
| C. | Education and training |
| D. | All of the above |
| Answer» D. All of the above | |
| 267. |
The functions and activities of DICs are monitored by: |
| A. | The state Government |
| B. | The central Government |
| C. | Directorate of Industries and commerce |
| D. | Ministry of Micro, Small and Medium Enterprises |
| Answer» C. Directorate of Industries and commerce | |
| 268. |
KVIC is an apex organization under the: |
| A. | Government of India |
| B. | State Government |
| C. | Ministry of Micro, Small and Medium Enterprises |
| D. | Act of Parliament |
| Answer» C. Ministry of Micro, Small and Medium Enterprises | |
| 269. |
Which of the following banks provide financial assistance to promote new entrepreneurs? |
| A. | IDBI |
| B. | SBI |
| C. | RBI |
| D. | NABARD |
| Answer» A. IDBI | |
| 270. |
Entrepreneurship Development Programme (EDP) may be defined as: |
| A. | Training Programme |
| B. | Committee meeting |
| C. | Community programme |
| D. | Social service |
| Answer» A. Training Programme | |
| 271. |
The District Industries Centre (DIC) is the institution at the: |
| A. | Central level |
| B. | State level |
| C. | District level |
| D. | Block level |
| Answer» C. District level | |
| 272. |
After completing all formalities, entrepreneurs should get permanent registration before commencing the production from: |
| A. | Directorate of Industries |
| B. | Directorate of Trade and Commerce |
| C. | Central Government |
| D. | DICs |
| Answer» D. DICs | |
| 273. |
Indian Institute of Entrepreneurship (IIE), Guwahati is for |
| A. | Eastern region |
| B. | North Eastern region |
| C. | Assam |
| D. | Mizoram |
| Answer» B. North Eastern region | |
| 274. |
The pilot project of NABARDfordigitisation of SHGs called |
| A. | e-Shakti |
| B. | e-Samriddhi |
| C. | e-Shanti |
| D. | e-Samraksha |
| Answer» A. e-Shakti | |
| 275. |
EDII is situated at |
| A. | Delhi |
| B. | Mumbai |
| C. | Kolkata |
| D. | Ahmedabad |
| Answer» D. Ahmedabad | |
| 276. |
NABARD is promoting an entrepreneurial culture among the: |
| A. | urban youth |
| B. | rural youth |
| C. | city youth |
| D. | metro youth |
| Answer» B. rural youth | |
| 277. |
To be eligible under PMEGPthrough KVIC, the applicant‟s age should be: |
| A. | 25 and above |
| B. | 20 and above |
| C. | 18 and above |
| D. | 30 and above |
| Answer» C. 18 and above | |
| 278. |
A project or a business undertaking especially a commercial one involving a risk and uncertainty is called |
| A. | an enterprise |
| B. | a unit |
| C. | a venture |
| D. | an industry |
| Answer» A. an enterprise | |
| 279. |
The entrepreneur should ensure that the opportunity must be compatible with |
| A. | fund availability |
| B. | man power availability |
| C. | ability to do |
| D. | all above |
| Answer» D. all above | |
| 280. |
The basic purpose of economic analysis, resources should be valued in terms of their |
| A. | economic cost |
| B. | production cost |
| C. | price cost |
| D. | opportunity cost |
| Answer» D. opportunity cost | |
| 281. |
The financial plan for meeting the cost of the project depends on how accurately estimated with |
| A. | cost |
| B. | technical know how |
| C. | economic physibility |
| D. | environmental opportunity |
| Answer» A. cost | |
| 282. |
The investigation will help him to reach a conclusion as to the feasibility and prospect of the whole proposal is depend on |
| A. | discovery of an idea |
| B. | preliminary investigation |
| C. | detailed investigation |
| D. | framing of plan |
| Answer» B. preliminary investigation | |
| 283. |
Internal environmental factor includes |
| A. | number of workers |
| B. | amount of investment |
| C. | both a and b |
| D. | none of the above |
| Answer» C. both a and b | |
| 284. |
“Promotion is the discovery of business opportunities and subsequent organisation of funds, property and managerial ability into a business concern for the purpose of earning profit thereon.” this definition is given by: |
| A. | C.W Gerstenberg |
| B. | Elan R.K.N |
| C. | Nick Mick |
| D. | T.R Ming |
| Answer» A. C.W Gerstenberg | |
| 285. |
Commercial exploitation of indigeneous or imported technology and knowhow is another source of |
| A. | product profile |
| B. | project idea |
| C. | market character |
| D. | none of the above |
| Answer» B. project idea | |
| 286. |
Success of enterprise depends on: |
| A. | Both entrepreneur and enterprise are good |
| B. | Only entrepreneur is good |
| C. | Only enterprise selection is suitable |
| D. | All of the above. |
| Answer» A. Both entrepreneur and enterprise are good | |
| 287. |
Characteristics of Business environment include: |
| A. | Complex and Dynamic |
| B. | Multi-faceted and Far-reached impact |
| C. | All of the above |
| D. | None of the above |
| Answer» C. All of the above | |
| 288. |
Dimensions of Business Environment consist of: |
| A. | Economic & Social environment |
| B. | Political & Legal environment |
| C. | Technological environment |
| D. | All of the above |
| Answer» D. All of the above | |
| 289. |
In SWOT analysis Strength and weakness relates to: |
| A. | Entrepreneur |
| B. | Environment |
| C. | All of the above |
| D. | None of the above |
| Answer» A. Entrepreneur | |
| 290. |
Business or project ideas can be generated from: |
| A. | Internal |
| B. | External |
| C. | Both Internal & External |
| D. | None of the above |
| Answer» C. Both Internal & External | |
| 291. |
Selecting a project out of projects identified is called: |
| A. | Referencing process |
| B. | Zeroing in process |
| C. | Picking process |
| D. | Handling in process |
| Answer» B. Zeroing in process | |
| 292. |
In SWOT analysis Opportunities and Threats relates to: |
| A. | Entrepreneur |
| B. | Environment |
| C. | All of the above |
| D. | None of the above |
| Answer» B. Environment | |
| 293. |
Entrepreneurship development process includes: |
| A. | Selecting potential targets |
| B. | Choosing the right location |
| C. | Tying up with Instituitions |
| D. | All of the above |
| Answer» D. All of the above | |
| 294. |
External environment factors are |
| A. | Economic |
| B. | Social |
| C. | Technical |
| D. | All of the above |
| Answer» D. All of the above | |
| 295. |
Opportunity means a chance to do: |
| A. | new things |
| B. | old things |
| C. | new and old things |
| D. | None of the above |
| Answer» A. new things | |
| 296. |
Which of the following is not the factor of internal environmental analysis? |
| A. | Production |
| B. | marketing |
| C. | Competitive |
| D. | Finance |
| Answer» C. Competitive | |
| 297. |
Indirect –action elements of external environment includes: |
| A. | Political |
| B. | legal |
| C. | Socio-cultural |
| D. | All of the above |
| Answer» D. All of the above | |
| 298. |
Internal environment is also called: |
| A. | Specific environment |
| B. | Micro environment |
| C. | Both (a) and (b) |
| D. | None of the above |
| Answer» C. Both (a) and (b) | |
| 299. |
Good sources of information for an entrepreneur about competitors can be obtained from |
| A. | Websites |
| B. | Product information leaflets |
| C. | Company reports and published accounts |
| D. | All of the above |
| Answer» D. All of the above | |
| 300. |
From the following which one is factor affecting entrepreneurial growth: |
| A. | Social |
| B. | Economic |
| C. | Psychological |
| D. | All of the above |
| Answer» D. All of the above | |
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