MCQOPTIONS
Saved Bookmarks
MCQOPTIONS
This section includes 657 Mcqs, each offering curated multiple-choice questions to sharpen your Testing Subject knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
Selecting a project out of projects identified is called: |
| A. | Referencing process |
| B. | Zeroing in process |
| C. | Picking process |
| D. | Handling in process |
| Answer» C. Picking process | |
| 2. |
External environment factors are |
| A. | Economic |
| B. | Social |
| C. | Technical |
| D. | All of the above |
| Answer» E. | |
| 3. |
Entrepreneurship development process includes: |
| A. | Selecting potential targets |
| B. | Choosing the right location |
| C. | Tying up with Instituitions |
| D. | All of the above |
| Answer» E. | |
| 4. |
Opportunity means a chance to do: |
| A. | new things |
| B. | old things |
| C. | new and old things |
| D. | None of the above |
| Answer» B. old things | |
| 5. |
Which of the following is not the factor of internal environmental analysis? |
| A. | Production |
| B. | marketing |
| C. | Competitive |
| D. | Finance |
| Answer» D. Finance | |
| 6. |
Internal environment is also called: |
| A. | Specific environment |
| B. | Micro environment |
| C. | Both (a) and (b) |
| D. | None of the above |
| Answer» D. None of the above | |
| 7. |
Which of the following banks provide financial assistance to promote new entrepreneurs? |
| A. | IDBI |
| B. | SBI |
| C. | RBI |
| D. | NABARD |
| Answer» B. SBI | |
| 8. |
Loans given by commercial banks is: |
| A. | Short-term |
| B. | Long-term |
| C. | Medium term |
| D. | All of the above |
| Answer» D. All of the above | |
| 9. |
Indian Institute of Entrepreneurship (IIE), Guwahati is for |
| A. | Eastern region |
| B. | North Eastern region |
| C. | Assam |
| D. | Mizoram |
| Answer» C. Assam | |
| 10. |
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» D. None of the above | |
| 11. |
Indian Institute of Entrepreneurship (IIE) is situated at |
| A. | Shillong |
| B. | Guwahati |
| C. | Imphal |
| D. | Aizawl |
| Answer» C. Imphal | |
| 12. |
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» B. Asia- china region. | |
| 13. |
An individual who starts, creates and manages a new business can be called: |
| A. | Leader |
| B. | Manager |
| C. | Entrepreneur |
| D. | Professional |
| Answer» D. Professional | |
| 14. |
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» E. | |
| 15. |
Under new licensing policy for establishing small scale unit, licensing is: |
| A. | Compulsory |
| B. | Voluntary |
| C. | Necessary |
| D. | Exempted |
| Answer» E. | |
| 16. |
Role of entrepreneus includes: |
| A. | Employment generation |
| B. | Wealth creation & Poverty reduction |
| C. | Rural Development |
| D. | All of the above |
| Answer» E. | |
| 17. |
Internal and external environment are considered under the term |
| A. | physical facilities |
| B. | environmental facilities |
| C. | industrial facilities |
| D. | none of the above |
| Answer» B. environmental facilities | |
| 18. |
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» C. RSBDC | |
| 19. |
Women entrepreneur in India are in: |
| A. | Backward stage |
| B. | Developed stage |
| C. | Developing stage |
| D. | none of these. |
| Answer» D. none of these. | |
| 20. |
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» B. Director, DIC | |
| 21. |
MUDRA bank was established on |
| A. | 9thMay, 2015 |
| B. | 8thApril, 2015 |
| C. | 8thJune, 2015 |
| D. | 9thJuly, 2015 |
| Answer» B. 8thApril, 2015 | |
| 22. |
MUDRA Bank was launched on |
| A. | 8 April 2000 |
| B. | 8 April 2010 |
| C. | 8 April 2015 |
| D. | 8 April 2018 |
| Answer» B. 8 April 2010 | |
| 23. |
Pradhan Mantri MUDRA Yojana (PMMY) provides loans upto |
| A. | 5 lakhs |
| B. | 10 lakhs |
| C. | 15 lakhs |
| D. | 20 lakhs |
| Answer» C. 15 lakhs | |
| 24. |
MSMED Act has come into forced on |
| A. | 2ndSeptember, 2006 |
| B. | 2ndOctober, 2006 |
| C. | 2ndNovember, 2006 |
| D. | 2ndDecember, 2006 |
| Answer» C. 2ndNovember, 2006 | |
| 25. |
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» B. Madhu Devi Jain | |
| 26. |
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» B. Rs. 10 lakhs | |
| 27. |
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» E. | |
| 28. |
KVIC was established in |
| A. | 1952 |
| B. | 1962 |
| C. | 1953 |
| D. | 1963 |
| Answer» D. 1963 | |
| 29. |
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» D. Act of Parliament | |
| 30. |
Name the institution which was set up in 1982 to promote integrated rural development |
| A. | NSIC |
| B. | NABARD |
| C. | SIDBI |
| D. | NCEUS |
| Answer» E. | |
| 31. |
Income Tax exemption under NEIIPP, 2007 will be |
| A. | 50% |
| B. | 75% |
| C. | 90% |
| D. | 100% |
| Answer» E. | |
| 32. |
MURDA Bank was set up for funding the unfunded : |
| A. | Micro enterprises |
| B. | Medium enterprises |
| C. | Small enterprises |
| D. | All of the above |
| Answer» C. Small enterprises | |
| 33. |
The Industrial Policy for North-East was announced in |
| A. | 1994 |
| B. | 1996 |
| C. | 1997 |
| D. | 1998 |
| Answer» D. 1998 | |
| 34. |
Balanced regional development includes: |
| A. | Economin and non-economic considerations |
| B. | Economin consideration only |
| C. | Non-economin consideration only |
| D. | All of the above |
| Answer» B. Economin consideration only | |
| 35. |
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» D. None of the above | |
| 36. |
The North East Industrial Policy (NEIP), 1997 |
| A. | Does not cover Sikkim |
| B. | covered Sikkim |
| C. | Does not cover Mizoram |
| D. | covered Mizoram |
| Answer» C. Does not cover Mizoram | |
| 37. |
The most suitable type of entrepreneur for a developing economy like India is: |
| A. | Innovaive |
| B. | Imitative |
| C. | Fabian |
| D. | Drone |
| Answer» C. Fabian | |
| 38. |
The north-eastern region of India comprises |
| A. | five states |
| B. | six states |
| C. | seven states |
| D. | Eight states |
| Answer» D. Eight states | |
| 39. |
North Eastern Industrial Technical Consultants Organisation Limited is abbreviated as |
| A. | NEITCO |
| B. | NETCO |
| C. | NITCO |
| D. | None of the above |
| Answer» B. NETCO | |
| 40. |
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» B. July 10, 2016 | |
| 41. |
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» C. 2 Crores 5 Crores | |
| 42. |
SIET is one of the earliest institution in the country started at |
| A. | Mumbai |
| B. | Chennai |
| C. | Hyderabad |
| D. | Delhi |
| Answer» D. Delhi | |
| 43. |
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» D. None of the above | |
| 44. |
Industries promoted by women entrepreneurs |
| A. | Agarbatti making |
| B. | apad making |
| C. | Handicrafts |
| D. | All of the above |
| Answer» E. | |
| 45. |
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» E. | |
| 46. |
It is the Apex banking institution to provide finance for Agriculture and rural development. |
| A. | SBI |
| B. | IDBI |
| C. | NABARD |
| D. | EXIM |
| Answer» D. EXIM | |
| 47. |
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» E. | |
| 48. |
The District Industries Centre (DIC) is the institution at the: |
| A. | Central level |
| B. | State level |
| C. | District level |
| D. | Block level |
| Answer» D. Block level | |
| 49. |
District Industries centers are located |
| A. | in each district |
| B. | in each state |
| C. | only in selected districts |
| D. | only in selected states |
| Answer» B. in each state | |
| 50. |
The North Eastern Council was set up in ______ |
| A. | 1992 |
| B. | 1962 |
| C. | 1972 |
| D. | 1872 |
| Answer» D. 1872 | |