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This set of Entrepreneurship Development (ED) Multiple Choice Questions & Answers (MCQs) focuses on Entrepreneurship Development Set 8

Q1 | ……..are incubators sponsored and managed through associations, chambers ofcommerce etc
  • government sponsored
  • non-profit organizations sponsored
  • university sponsored
  • privately sponsored
Q2 | ……… incubators transit the findings of research and development into newproducts and technologies.
  • government sponsored
  • non-profit organizations sponsored
  • university sponsored
  • privately sponsored
Q3 | …………incubators are organised and managed by private firms or companies orcorporations
  • government sponsored
  • non-profit organizations sponsored
  • university sponsored
  • privately sponsored
Q4 | ………………incubators create employment.
  • general purpose
  • technology
  • specialist
  • none
Q5 | …………….incubators seek to commercialize new product or service
  • general purpose
  • technology
  • specialist
  • none
Q6 | ……………..incubators focus on specific industry areas like art and craft.
  • general purpose
  • technology
  • specialist
  • none
Q7 | which of these is not a criteria for choosing right incubator.
  • success rates
  • quality
  • site
  • space
Q8 | …………..is made up of a core group of highly specialized firms the same industry.
  • ed clubs
  • business clubs
  • chamber of commerce
  • business clusters
Q9 | Which of these is a problem of MSMEs
  • bogus units
  • inadequate finance
  • lack of managerial experience
  • all of these
Q10 | The slogan “innovate or evaporate” was given by………..
  • robert owen
  • joseph schumpeter
  • richard cantillon
  • philip kotler
Q11 | The first and foremost industrial estate was established at…………………
  • rajkot
  • ahmadabad
  • patna
  • gurgaon
Q12 | The first and foremost industrial estate was established in the year…………………
  • 1960
  • 1962
  • 1955
  • 1950
Q13 | ……………… means organising, housing and servicing industry, a planned clusteringof industrial enterprises offering standard factory buildings erected in advance of demand and a variety of services and facilities to the occupants.
  • industry
  • industrial estate
  • company
  • none of these
Q14 | ………..is the advance given to cover the finance requirement during the time lagbetween sanctioning and disbursement of term loan by financial institutions.
  • incentive
  • bridge capital
  • subsidy
  • venture capital
Q15 | ………………. Is the work of entrepreneurs.
  • invention
  • innovation
  • both
  • none
Q16 | …………………….. is the work of scientists.
  • invention
  • innovation
  • both
  • none
Q17 | Which of these is not a environmental barrier to entrepreneurship
  • lack of skilled labour
  • custom of people
  • lack of fund
  • lack of infrastructure
Q18 | Which of these is a social barrier to entrepreneurship
  • low status
  • custom of people
  • both
  • none
Q19 | ……………..is a combination of knowledge, skills and appropriate motives that anindividual must possess to perform a given task.
  • persistence
  • initiative
  • competency
  • creativity.
Q20 | The capacity to take repeated and different actions to overcome obstacles iscalled……………..
  • persistence
  • initiative
  • competency
  • creativity.
Q21 | An inner urge in an individual to do something is called……………
  • persistence
  • initiative
  • competency
  • creativity.
Q22 | …………….is the ability of an entrepreneur to successfully convince others.
  • persistence
  • initiative
  • competency
  • persuasion.
Q23 | Projects for industrial development is an…………….project.
  • quantifiable
  • non-quantifiable
  • sectoral
  • crash
Q24 | Additional capital cost are incurred in …………projects to save time.
  • quantifiable
  • non-quantifiable
  • sectoral
  • crash
Q25 | Large scale projects are an example of …………….project
  • quantifiable
  • magnitude oriented
  • sectoral
  • crash