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This section includes 29 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. |
A short-term, internal source of funds can be obtained by reducing all of the following except_____________. |
A. | Short-term assets |
B. | Fixed assets |
C. | cash |
D. | Inventory |
Answer» D. Inventory | |
2. |
Which of the following has a contradictory relationship with an individual for being an entrepreneur? |
A. | Parents social status |
B. | Parents occupation |
C. | His birth order |
D. | Relationship with parents |
Answer» C. His birth order | |
3. |
_______________ is concerned with the collection, compilation and analysis of economic data for the eventual purpose of locating possible opportunities for investment. |
A. | Project selection |
B. | Project evaluation |
C. | Project identification |
D. | Project segmentation |
Answer» D. Project segmentation | |
4. |
Which of the following shows the process of creating something new _________________? |
A. | Business model. |
B. | Modeling. |
C. | Creative flexibility. |
D. | Innovation. |
Answer» E. | |
5. |
_____________ is the systematic development of a project idea for the eventual objective of arriving an investment decision. |
A. | Project objective |
B. | Project identification |
C. | Project selection |
D. | Project formulation |
Answer» E. | |
6. |
The inter-relationship between various contituent activities of a project is generally depicted in the form of ____________. |
A. | Network diagram |
B. | Project design |
C. | Feasibility diagram |
D. | Input diagram |
Answer» B. Project design | |
7. |
Project formulation and its implementation are the two essential functions of ____________. |
A. | Project design |
B. | Project management |
C. | Project selection |
D. | Project formulation |
Answer» C. Project selection | |
8. |
Where individual skills are collectively integrated into a group, this is known as _____________. |
A. | Collective entrepreneurship |
B. | Intrapreneurship. |
C. | Team entrepreneurship |
D. | Dual innovation. |
Answer» D. Dual innovation. | |
9. |
Which of the following government actions could contribute to a more entrepreneurial society? |
A. | Deregulation. |
B. | Financial start-up. |
C. | Information and advice. |
D. | All the above. |
Answer» E. | |
10. |
Which one of the following is the next stage to the Concept Stage of Product Planning and Development Process? |
A. | Idea Stage. |
B. | Product Planning Stage. |
C. | Product Development Stage. |
D. | Test Marketing Stage. |
Answer» D. Test Marketing Stage. | |
11. |
IFCI was established in the year___________. |
A. | 1985 |
B. | 1948 |
C. | 1980 |
D. | 1987 |
Answer» C. 1980 | |
12. |
Assistance from IFCI is available for____________. |
A. | Setting up of new industrial projects |
B. | Expansion of existing units. |
C. | Renovation and modernization. |
D. | All of the above. |
Answer» E. | |
13. |
Entrepreneurial management is noted for its ability to react quickly and effectively to new ___________. |
A. | Market |
B. | Business opportunities |
C. | Product |
D. | Technology |
Answer» C. Product | |
14. |
SFC was set up under __________. |
A. | State financial corporation Act 1951. |
B. | State financial corporation Act 1952. |
C. | State financial corporation Act 1953. |
D. | State financial corporation Act 1954. |
Answer» B. State financial corporation Act 1952. | |
15. |
Financial resources of SFCs consist of _____________. |
A. | Paid up capital. |
B. | Reserve funds. |
C. | Borrowings from RBI. |
D. | aAl the above. |
Answer» E. | |
16. |
SFCs assistance to technically qualified people without enough funds is known as _______________. |
A. | Seed capital scheme. |
B. | Capital assistance scheme. |
C. | Technical entrepreneurs scheme. |
D. | Investment scheme. |
Answer» B. Capital assistance scheme. | |
17. |
SFC is prohibited from granting financial assistance to any company whose aggregate paid up capital exceed_____________. |
A. | 1 crore. |
B. | 1.5 crores. |
C. | 2 crores. |
D. | 2.5 crores. |
Answer» B. 1.5 crores. | |
18. |
The process each manager follows during the life of a project is known as ______________. |
A. | Project Management. |
B. | Manager life cycle. |
C. | Project Management Life Cycle. |
D. | All of the mentioned. |
Answer» D. All of the mentioned. | |
19. |
_________has been recognized as the nodal agency to support the small scale industry export promotion. |
A. | SIDO. |
B. | TDC |
C. | NSIC |
D. | IFSC |
Answer» B. TDC | |
20. |
The term ____________denotes bonus or financial aid which is given by a government to an industry to help it compete with another unit in a nation or in a foreign market. |
A. | Incentive. |
B. | Subsidy. |
C. | Concession. |
D. | Bounty. |
Answer» E. | |
21. |
.The word entrepreneurship has been derived from a ____________ which means ' to undertake'. |
A. | French root |
B. | Greek root |
C. | Roman root |
D. | Italian root |
Answer» B. Greek root | |
22. |
It becomes necessary to do ____________after a project idea has withstood the tests of feasibility analysis and network analysis. |
A. | Input analysis. |
B. | Financial analysis. |
C. | Project design. |
D. | Costs benefit analysis. |
Answer» B. Financial analysis. | |
23. |
________________ is designed to overcome this fundamental weakness in the relationship between lending agency and the project sponsoring body. |
A. | Proposal. |
B. | Project idea. |
C. | Project formulation. |
D. | Project appraisal. |
Answer» D. Project appraisal. | |
24. |
The documentation required at the end of each phase of a small project can be defined by sub setting the documentation for a ________________. |
A. | Special project |
B. | Specified project |
C. | Typical project |
D. | Well Designed project |
Answer» D. Well Designed project | |
25. |
______________ presupposes commitment to tasks to be performed with well defined objectives, schedules and budget. |
A. | Plan |
B. | Project |
C. | Schedule |
D. | Proposal |
Answer» C. Schedule | |
26. |
.Projects concerned with industrial development, power generation, mineral development will be considered as ___________. |
A. | Quantifiable project |
B. | Sectoral project |
C. | Techno-economic project |
D. | Feasibility project |
Answer» B. Sectoral project | |
27. |
.______________ type of entrepreneurs are very cautious and skeptical while practising any change. |
A. | Innovative |
B. | Imitative |
C. | Fabian |
D. | Drone |
Answer» D. Drone | |
28. |
The difference in the entrepreneurial and managerial domains has contributed towards an increase in interest is ___________. |
A. | Forming new firms. |
B. | Partnership. |
C. | Intrapreneurship. |
D. | Private firms. |
Answer» B. Partnership. | |
29. |
Which one among the following is considered as one of the important economic factor which determine entrepreneurial growth? |
A. | Government |
B. | Politics |
C. | Market |
D. | Private |
Answer» D. Private | |