MCQOPTIONS
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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. |
Women entrepreneur of the North East provides only ___________% of employment provided by women entrepreneurs in India. |
| A. | 2 |
| B. | 4 |
| C. | 3.76 |
| D. | 5 |
| Answer» D. 5 | |
| 2. |
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» B. Rs. 20 lakhs | |
| 3. |
The government of India defined women entrepreneurship as an enterprise owned and controlled by a women having a minimum financial interest up to: |
| A. | 51% of the capital |
| B. | 49% of the capital |
| C. | 50% of the capital |
| D. | 41% of the capital |
| Answer» B. 49% of the capital | |
| 4. |
From the following which one is factor affecting entrepreneurial growth: |
| A. | Social |
| B. | Economic |
| C. | Psychological |
| D. | All of the above |
| Answer» E. | |
| 5. |
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» C. Rs. 20 lakhs | |
| 6. |
Entrepreneurial development programme provides |
| A. | Self-employment |
| B. | Increase in the skills of entrepreneur |
| C. | Education and training |
| D. | All of the above |
| Answer» E. | |
| 7. |
NABARD is promoting an entrepreneurial culture among the: |
| A. | urban youth |
| B. | rural youth |
| C. | city youth |
| D. | metro youth |
| Answer» C. city youth | |
| 8. |
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» D. manage the business | |
| 9. |
Political environment of a state can improve the entrepreneurial growth by stages of: |
| A. | legislature |
| B. | execution |
| C. | judiciary |
| D. | all the above |
| Answer» C. judiciary | |
| 10. |
A spontaneous entrepreneur is one |
| A. | who is motivated by others to start an enterprise |
| B. | who is induced by governmental policy |
| C. | who is motivated by psychological rewards |
| D. | who has strong conviction and confidence in his in-born ability |
| Answer» E. | |
| 11. |
In India, participation of women in industrial entrepreneurial sector has commenced from |
| A. | 1960 s onward |
| B. | 1970 s onward |
| C. | 1980 s onward |
| D. | 1990 s onward |
| Answer» C. 1980 s onward | |
| 12. |
External environment factor includes: |
| A. | Economic factor |
| B. | Technological factor |
| C. | Social factor |
| D. | All the above |
| Answer» E. | |
| 13. |
________ factor is an essential factor of external environment analysis: |
| A. | Physical |
| B. | Competition |
| C. | Financial |
| D. | Organizational |
| Answer» C. Financial | |
| 14. |
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» E. | |
| 15. |
The Manufacturing Enterprise are defined in terms of |
| A. | investment in Agriculture |
| B. | investment in Services |
| C. | investment in Plant & Machinery. |
| D. | Infrastructure in Plant & Machinery. |
| Answer» D. Infrastructure in Plant & Machinery. | |
| 16. |
The final step in entrepreneurship development process is: |
| A. | Discovery |
| B. | Developing a business plan |
| C. | Harvesting |
| D. | Managing the company |
| Answer» D. Managing the company | |
| 17. |
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» E. | |
| 18. |
The most dynamic force, shaping entrepreneurs destiny is: |
| A. | Social factor |
| B. | Technological factor |
| C. | Competitive factor |
| D. | Political factor |
| Answer» C. Competitive factor | |
| 19. |
One primary problem that NE entrepreneurs face is |
| A. | the lack of raw materials |
| B. | the lack of suitable outlets to sell the products. |
| C. | the lack of water |
| D. | None of the above |
| Answer» C. the lack of water | |
| 20. |
Internal environment factors includes: |
| A. | Resources of the organization |
| B. | Board of directors |
| C. | Shareholders |
| D. | All of the above |
| Answer» E. | |
| 21. |
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» B. knowledgeable person | |
| 22. |
Once the opportunity is identified, an entrepreneur needs to create a: |
| A. | comprehensive business plan |
| B. | discovery |
| C. | capital fund |
| D. | budget |
| Answer» B. discovery | |
| 23. |
Labourunionsgenerally collectively bargain with the management for: |
| A. | higher wages |
| B. | better working conditions |
| C. | better working environments |
| D. | all of the above |
| Answer» E. | |
| 24. |
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» E. | |
| 25. |
An imitating entrepreneur is one |
| A. | who introduces new method of production |
| B. | who adopts method used by others |
| C. | who adopts old techniques |
| D. | who does not like to bear risk |
| Answer» C. who adopts old techniques | |
| 26. |
A Fabian entrepreneur is one |
| A. | who takes maximum risk |
| B. | who is very aggressive |
| C. | who is frequently induces new product in business |
| D. | who is timid and caution |
| Answer» E. | |
| 27. |
Government checks restrictive trade practices through: |
| A. | Industrial policy Act, 1991 |
| B. | MRTP Act |
| C. | FEMA Act |
| D. | none of these |
| Answer» D. none of these | |
| 28. |
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» C. Rs. 20 crore | |
| 29. |
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» B. Rs. 2 crore | |
| 30. |
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» E. | |
| 31. |
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» C. 1st September to 2nd October 2017 | |
| 32. |
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» D. Rs. 60,000 | |
| 33. |
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» D. 4th March, 2015 | |
| 34. |
The goals should be ______for the success of business plan |
| A. | Generalized |
| B. | Specific |
| C. | Limitless |
| D. | Imaginary |
| Answer» C. Limitless | |
| 35. |
An entrepreneur plays an important role in: |
| A. | Economic development |
| B. | Religious development |
| C. | Political development |
| D. | None of these |
| Answer» B. Religious development | |
| 36. |
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» D. 30 and above | |
| 37. |
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» B. a unit | |
| 38. |
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» E. | |
| 39. |
_________defines an entrepreneur as one, who always searches for change, responds to it and exploits it as an opportunity |
| A. | Richard Canilton |
| B. | Peter F Drucker |
| C. | Joseph Schumpeter |
| D. | Henry Fayol |
| Answer» C. Joseph Schumpeter | |
| 40. |
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» B. technical know how | |
| 41. |
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» C. detailed investigation | |
| 42. |
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» B. Only entrepreneur is good | |
| 43. |
Internal environmental factor includes |
| A. | number of workers |
| B. | amount of investment |
| C. | both a and b |
| D. | none of the above |
| Answer» D. none of the above | |
| 44. |
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» C. market character | |
| 45. |
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» D. None of the above | |
| 46. |
Dimensions of Business Environment consist of: |
| A. | Economic & Social environment |
| B. | Political & Legal environment |
| C. | Technological environment |
| D. | All of the above |
| Answer» E. | |
| 47. |
Business or project ideas can be generated from: |
| A. | Internal |
| B. | External |
| C. | Both Internal & External |
| D. | None of the above |
| Answer» D. None of the above | |
| 48. |
In SWOT analysis Strength and weakness relates to: |
| A. | Entrepreneur |
| B. | Environment |
| C. | All of the above |
| D. | None of the above |
| Answer» B. Environment | |
| 49. |
In SWOT analysis Opportunities and Threats relates to: |
| A. | Entrepreneur |
| B. | Environment |
| C. | All of the above |
| D. | None of the above |
| Answer» C. All of the above | |
| 50. |
An entrepreneurs plays an important role in: |
| A. | Economic development |
| B. | Political development |
| C. | Religious development |
| D. | None of the above |
| Answer» B. Political development | |