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This section includes 204 Mcqs, each offering curated multiple-choice questions to sharpen your Bachelor of Business Administration (BBA) knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
An entrepreneur who introduces new goods technology and better combination of an enterprise is an --------------------- entrepreneur. |
| A. | Fabian |
| B. | Innovative |
| C. | Drone |
| D. | Cognitive |
| Answer» C. Drone | |
| 2. |
An entrepreneur who is a dynamic person and is interested in establishing a business enterprise is called --------------------- entrepreneur. |
| A. | Technical |
| B. | Trading |
| C. | Professional |
| D. | First generation. |
| Answer» D. First generation. | |
| 3. |
Entrepreneur is: |
| A. | Innovator |
| B. | Problem solver |
| C. | Risk taker |
| D. | All of these |
| Answer» E. | |
| 4. |
The process of evaluating the project ideas with a view to select the best and premising idea after eliminating the unprofitable idea is called----------------- of the project ideas. |
| A. | Screening |
| B. | Appraisal |
| C. | Identification |
| D. | None. |
| Answer» B. Appraisal | |
| 5. |
Project appraisal is the process of estimating the costs and benefits of a project to arrive at the -------- -- decision. |
| A. | Investment |
| B. | Profitability |
| C. | Liquidity |
| D. | None of these. |
| Answer» B. Profitability | |
| 6. |
Which of the following is not a personal characteristic often found in an entrepreneur? |
| A. | self-confident |
| B. | Independent |
| C. | perceptive |
| D. | follower |
| Answer» E. | |
| 7. |
According to Clarence Danhof, types of entrepreneurs are |
| A. | Two |
| B. | Three |
| C. | Four |
| D. | Five |
| Answer» D. Five | |
| 8. |
According to David Mc Cleland a person acquires ---------------- types of needs from his life experience. |
| A. | 4 |
| B. | 9 |
| C. | 5 |
| D. | 3. |
| Answer» E. | |
| 9. |
By adopting ---------------- opportunities , the entrepreneur can better utilize the existing resources and the existing character of a business. |
| A. | Additive |
| B. | Complementary |
| C. | Break through |
| D. | Economic. |
| Answer» B. Complementary | |
| 10. |
___________shows the process of creating something new. |
| A. | Innovation |
| B. | Business model |
| C. | Modeling |
| D. | Creative flexibility |
| Answer» B. Business model | |
| 11. |
A single lump sum which is given by a govt. to an entrepreneur to cover the cost is known as ----------- --. |
| A. | Subsidy |
| B. | Concession |
| C. | Bounties |
| D. | None of these. |
| Answer» B. Concession | |
| 12. |
A small scale industries is one in which the investment in plant and machinery is extended to ----------- --------. |
| A. | 60lakh |
| B. | 3crores |
| C. | 25lakhs |
| D. | 10lakhs |
| Answer» C. 25lakhs | |
| 13. |
The difference between the total preset value of a discount and the initial capital outlay is known as the. |
| A. | I R R |
| B. | A R R |
| C. | N P V |
| D. | Net profit. |
| Answer» D. Net profit. | |
| 14. |
EDII is situated at |
| A. | Delhi |
| B. | Mumbai |
| C. | Kolkata |
| D. | Ahmedabad |
| Answer» E. | |
| 15. |
The fundamental of in entrepreneurship is: |
| A. | Entrepreneurship development |
| B. | Entrepreneurial disposition |
| C. | Innovation |
| D. | Profitable enterprise |
| Answer» C. Innovation | |
| 16. |
Who called entrepreneur an innovator? |
| A. | Thomas Cochran |
| B. | McClelland |
| C. | Schumpeter |
| D. | Everest Hagen |
| Answer» D. Everest Hagen | |
| 17. |
The pilot project of NABARDfordigitisation of SHGs called |
| A. | e-Shakti |
| B. | e-Samriddhi |
| C. | e-Shanti |
| D. | e-Samraksha |
| Answer» B. e-Samriddhi | |
| 18. |
After completing all formalities, entrepreneurs should get permanent registration before commencing the production from: |
| A. | Directorate of Industries |
| B. | Directorate of Trade and Commerce |
| C. | Central Government |
| D. | DICs |
| Answer» E. | |
| 19. |
Indirect action elements of external environment includes: |
| A. | Political |
| B. | legal |
| C. | Socio-cultural |
| D. | All of the above |
| Answer» E. | |
| 20. |
EDPs course contents contains_______ |
| A. | General introduction to entrepreneurs |
| B. | Motivation training |
| C. | Managerial skills |
| D. | All of the above |
| Answer» E. | |
| 21. |
The basic objective of EPD is: |
| A. | Select product |
| B. | Formulate the project |
| C. | Acquire managerial skill |
| D. | All of the above |
| Answer» E. | |
| 22. |
The functions and activities of DICs are monitored by: |
| A. | The state Government |
| B. | The central Government |
| C. | Directorate of Industries and commerce |
| D. | Ministry of Micro, Small and Medium Enterprises |
| Answer» D. Ministry of Micro, Small and Medium Enterprises | |
| 23. |
Entrepreneur in employment opportunities: |
| A. | Increase |
| B. | Decrease |
| C. | Neither increase nor decrease |
| D. | None of these |
| Answer» B. Decrease | |
| 24. |
Entrepreneurs are helpful in bringing about: |
| A. | Balanced industrial development |
| B. | Unbalanced industrial development |
| C. | Scattered industrial development |
| D. | None of these |
| Answer» B. Unbalanced industrial development | |
| 25. |
The first Industrial Policy Resolution 1948 was held during: |
| A. | Pre-independence era |
| B. | Swadeshi movement |
| C. | Post-war period |
| D. | Post-independence era |
| Answer» E. | |
| 26. |
David McClelland has introduced the theory of: |
| A. | Need for Achievement |
| B. | Innovation |
| C. | Agent |
| D. | Good Leadership Skills |
| Answer» B. Innovation | |
| 27. |
Innovation theory first was given by: |
| A. | David McClelland |
| B. | Peter F. Drucker |
| C. | Joseph A. Schumpeter |
| D. | Richard Cantillon |
| Answer» D. Richard Cantillon | |
| 28. |
From which Five Year Plan the moto was an economy is the effect for which entrepreneurship is the cause : |
| A. | 5th |
| B. | 6th |
| C. | 7th |
| D. | 8th |
| Answer» C. 7th | |
| 29. |
Entreprendre is: |
| A. | English language |
| B. | Latin language |
| C. | Russian language |
| D. | French language |
| Answer» E. | |
| 30. |
The characteristic of an entrepreneur is: |
| A. | need to achieve |
| B. | risk bearing capacity |
| C. | optimist |
| D. | all of the above |
| Answer» E. | |
| 31. |
Entrepreneurship played a pivotal role in bringing social stability by: |
| A. | maximising profit |
| B. | increasing own wealth |
| C. | alleviating of poverty |
| D. | developing business |
| Answer» D. developing business | |
| 32. |
Role of entrepreneur can be depicted |
| A. | giving emphasis on village and cottage industries |
| B. | starting big business |
| C. | imitating other business |
| D. | doing trading business |
| Answer» B. starting big business | |
| 33. |
Innovation means: |
| A. | execution of new ideas |
| B. | implementation of new ideas |
| C. | operation of new ideas |
| D. | separation of new ideas |
| Answer» C. operation of new ideas | |
| 34. |
Dynamic entrepreneurship innovation theory was developed during |
| A. | 1949 |
| B. | 1950 |
| C. | 1951 |
| D. | 1952 |
| Answer» B. 1950 | |
| 35. |
Thematic appreciation test is conducted by the |
| A. | Mc Clelland |
| B. | Young |
| C. | Kinzner |
| D. | Knight |
| Answer» C. Kinzner | |
| 36. |
X-efficiency theory indicates the use of resources in terms of |
| A. | efficiency |
| B. | inefficiency |
| C. | proper |
| D. | improper |
| Answer» C. proper | |
| 37. |
The Khadi and Village industries commission was established in |
| A. | April 1957 |
| B. | Sept 1957 |
| C. | Sept 1967 |
| D. | April 1987 |
| Answer» B. Sept 1957 | |
| 38. |
Most of EDPs have |
| A. | Three phase |
| B. | Four phase |
| C. | Five phase |
| D. | Six phase |
| Answer» B. Four phase | |
| 39. |
The DICs programme was started by the central govt in |
| A. | 1968 |
| B. | 1978 |
| C. | 1988 |
| D. | 1998 |
| Answer» C. 1988 | |
| 40. |
KVIC has launched common brand names for KVIC products in |
| A. | July 2001 |
| B. | August 2001 |
| C. | September 2001 |
| D. | October 2001 |
| Answer» E. | |
| 41. |
Rural industries consultancy services cell is set up under |
| A. | DIC |
| B. | Industries department |
| C. | NABARD |
| D. | KVIC |
| Answer» E. | |
| 42. |
EDP implies: |
| A. | Development of entrepreneurial ablilities |
| B. | Development of business |
| C. | Development of society |
| D. | None of the above |
| Answer» B. Development of business | |
| 43. |
National Bank for Agriculture and Rural Development initial is: |
| A. | NBA |
| B. | NABARD |
| C. | BARD |
| D. | None of the above |
| Answer» C. BARD | |
| 44. |
Minimum rate of wages per day of skilled II workers in Mizoram is Rs |
| A. | 380 |
| B. | 420 |
| C. | 520 |
| D. | 640 |
| Answer» C. 520 | |
| 45. |
For establishing new and risky business units in India, Venture Capital is |
| A. | Unnecessary |
| B. | Necessary |
| C. | Extremely necessary |
| D. | Wastage of capital |
| Answer» B. Necessary | |
| 46. |
Venture capital is a source of investment for: |
| A. | Start-up companies |
| B. | Developing companies |
| C. | Existing companies |
| D. | All of the above |
| Answer» C. Existing companies | |
| 47. |
Venture Capital is the money provided by an outside investor to finance |
| A. | a new business, |
| B. | a growing business |
| C. | troubled business. |
| D. | All of the above |
| Answer» E. | |
| 48. |
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» D. None of the above | |
| 49. |
Which one of the following is the prescribed investment limit for micro manufacturing enterprise as per the micro small and medium enterprise development act 2006? |
| A. | More than Rs.25lakhs but does not exceed Rs5crore |
| B. | Does not exceed Rs25lakhs |
| C. | More than Rs5crores but does not exceed RS10crores |
| D. | More than 10crores. |
| Answer» C. More than Rs5crores but does not exceed RS10crores | |
| 50. |
Methods of Venture Capital financing includes |
| A. | Equity |
| B. | Equality |
| C. | troubled business. |
| D. | None of the above |
| Answer» B. Equality | |