Entrepreneurship Development Set 9

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),

Master of Business Administration (MBA)

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This set of Entrepreneurship Development (ED) Multiple Choice Questions & Answers (MCQs) focuses on Entrepreneurship Development Set 9

Q1 | ……………analysis helps in studying the impact of crucial variables like rawmaterials, sales volume, sales price, degree of capacity utilization etc over the economic viability of an enterprise.
  • break-even
  • sensitivity
  • risk
  • ratio
Answer: sensitivity
Q2 | ………………….analysis presents he picture of profit at different levels of production.
  • break-even
  • sensitivity
  • risk
  • ratio
Answer: break-even
Q3 | …………………analysis helps to compare current performance with the past and alsoin measuring effectiveness and efficiency of the organization in the light of norms of performances
  • break-even
  • sensitivity
  • risk
  • ratio
Answer: ratio
Q4 | ………...analysis is a continuous process used to analyse the past and/or projectedfinancial data.
  • break-even
  • sensitivity
  • financial
  • ratio
Answer: financial
Q5 | Crashing is applicable in………………..
  • pert
  • cpm
  • map
  • lob
Answer: cpm
Q6 | ………………………..entrepreneurs are extremely task oriented.
  • Technical
  • Fabian
  • induced
  • Business
Answer: Technical
Q7 | The term intrapreneur was coined by …………………………. .
  • Robert Owen
  • Joseph Schumpeter
  • Richard Cantillon
  • Gifford Pinchot
Answer: Gifford Pinchot
Q8 | According to Schumpeter, Is the most important function of a modern entrepreneur.
  • Innovation,
  • invention,
  • skill,
  • creativity.
Answer: Innovation,
Q9 | Knowledge + Skill + Traits = ………………………………..
  • Innovation.
  • Competency.
  • Skill.
  • Creativity.
Answer: Competency.
Q10 | Social attitude is one of the important problems of a ………………………….. Entrepreneur.
  • Drone.
  • Business.
  • Women.
  • Adoptive.
Answer: Women.
Q11 | Which of the following risks is borne by the entrepreneur:
  • Financial risks,
  • personal risks,
  • psychological risks,
  • all of these.
Answer: all of these.
Q12 | Which of the following is a psychological factor affecting entrepreneurial growth:
  • Legitimacy of entrepreneurship,
  • social status,
  • need for achievement,
  • none of these.
Answer: need for achievement,
Q13 | A micro enterprise is one in which the investment in plant and machinery does not exceed Rs. ……………………
  • 25 lakhs
  • 50 lakhs
  • 1 crore
  • 10 lakhs
Answer: 25 lakhs
Q14 | A micro enterprise is one in which the investment in plant and machinery doesnot exceed Rs…………………….. .
  • 25 lakhs
  • 50 lakhs
  • 1 crore
  • 10 lakhs
Answer: 10 lakhs
Q15 | The process of measuring the progress and performance of a project is called:
  • Project appraisal.
  • Project evaluation.
  • Project control.
  • Project audit.
Answer: Project appraisal.
Q16 | Capital investment subsidy was introduced in ………………………………….
  • 1973
  • 1971
  • 1972
  • 1970
Answer: 1971
Q17 | A micro manufacturing enterprise is one in which the investment in plant andmachinery does not exceed…………………….
  • Rs. 5 lakhs.
  • Rs. 10 lakhs.
  • Rs.20 lakhs.
  • None of these.
Answer: None of these.
Q18 | A micro service is one in which the investment in plant and machinery does notexceed………..
  • Rs. 5 lakhs.
  • Rs.10 lakhs.
  • Rs 25 lakhs.
  • None of these.
Answer: Rs.10 lakhs.
Q19 | A small service enterprise is one in which the investment in plant and machinerydoes not exceed…………………….
  • Rs. 25 lakhs.
  • 1 crore.
  • 2 crores.
  • None of these.
Answer: 2 crores.
Q20 | A single lump sum which is given by a govt. to an entrepreneur to cover the costis known as…….
  • subsidy
  • Concession
  • Bounties
  • None of these
Answer: subsidy
Q21 | The advance given to cover the finance requirement during the time lag between the sanctioning and disbursement of term loan by financial institutions is knownas…………..
  • Soft loan.
  • Seed capital.
  • Capital subsidy.
  • Bridge loan.
Answer: Bridge loan.
Q22 | The MSME Development Act came into force in the year……………………………….
  • 2005.
  • 2006.
  • 2007.
  • None of these.
Answer: 2006.
Q23 | Techno crafts is assistance is provided by………………………..
  • KFC
  • KITCO
  • KSIDC
  • KINFRA
Answer: KFC
Q24 | The process of evaluating the project ideas with a view to select the best andpromising idea after eliminating the unprofitable ideas is called……………………….. Of the project ideas.
  • Screening
  • appraisal
  • identification
  • none
Answer: Screening
Q25 | After screening the ideas, they are translated into project………………………………….
  • portfolio
  • profiles
  • proposal
  • none
Answer: profiles
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