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) .
| 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» C. nepotism | |
| 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) | |
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