Explore topic-wise MCQs in Testing Subject.

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.

National Alliance of Young Entrepreneurs (NAYE) Sponsored an Entrepreneurial Development scheme with Bank of India in______________.

A. January 1920.
B. August 1920.
C. January 1972.
D. August 1972.
Answer» E.
2.

………………………………. Is the financial and promotional assistance provided by the Govt. to the industries for boosting up industrial development in all regions particularly in backward areas.

A. seed capital
B. incentive
C. subsidy
D. none of these
Answer» C. subsidy
3.

Capital investment subsidy was introduced in ………………………………….

A. 1973
B. 1971
C. 1972
D. 1970
Answer» C. 1972
4.

………………………………….is the place where the required facilities and factory accommodation are provided by the government to the entrepreneurs to establish their industries there.

A. industry
B. industrial estate
C. company
D. none of these
Answer» C. company
5.

The MSME Development Act came into force in ………………….

A. 2005
B. 2006
C. 2010
D. 2001
Answer» C. 2010
6.

…………………………….. Registration helps the entrepreneur to take necessary steps to bring industrial units into existence.

A. provisional
B. permanent
C. both of these
D. none of these
Answer» B. permanent
7.

A medium enterprise is one in which the investment in plant and machinery is more than Rs ……………… but does not exceed Rs……………………. ..

A. 10 lakhs / 2 crores
B. 25 lakhs /5crores
C. crores/ 10 crores
D. 2 crores/5 crores
Answer» E.
8.

……………………. Units provide inputs to other industries.

A. export
B. small
C. ancillary
D. none of these
Answer» D. none of these
9.

A small enterprise is one in which the investment in plants and machinery is more than Rs ……………. But does not exceed Rs …………………… .

A. 10 lakhs / 2 crores
B. 25 lakhs /5crores
C. 5 crores/ 10 crores
D. 2 crores/5 crores
Answer» B. 25 lakhs /5crores
10.

A micro enterprise is one in which the investment in plant and machinery does not exceed Rs…………………….. .

A. 25 lakhs
B. 50 lakhs
C. 1 crore
D. 10 lakhs
Answer» E.
11.

A medium enterprise is one in which the investment in plant and machinery is more than Rs ……………………. But does not exceed Rs ………………….. .

A. 10 lakhs / 2 crores
B. 25 lakhs /5crores
C. 5 crores/ 10 crores
D. 2 crores/5 crores
Answer» D. 2 crores/5 crores
12.

A small enterprise is one in which the investment in plant and machinery is more than Rs…………………. But does not exceed Rs………………….. .

A. 10 lakhs / 2 crores
B. 25 lakhs /5crores
C. 5 crores/ 10 crores
D. 2 crores/5 crores
Answer» C. 5 crores/ 10 crores
13.

A micro enterprise is one in which the investment in plant and machinery does not exceed Rs. ……………………

A. 25 lakhs
B. 50 lakhs
C. 1 crore
D. 10 lakhs
Answer» B. 50 lakhs
14.

Who introduced the term intrapreneur:

A. schumpeter,
B. peter drucker,
C. david mcclelland,
D. gifford pinchot 111.
Answer» E.
15.

Person who works within an organization and having entrepreneurial capabilities is:

A. entrepreneur,
B. intrapreneur,
C. manager,
D. chief executive.
Answer» C. manager,
16.

The entrepreneur who does not change the method of production already introduced is:

A. drone entrepreneur,
B. fabian entrepreneur,
C. classical entrepreneur,
D. none of these.
Answer» B. fabian entrepreneur,
17.

Which of the following risks is borne by the entrepreneur:

A. financial risks,
B. personal risks,
C. psychological risks,
D. all of these. 11) which of the following is a psychological factor affecting entrepreneurial growth:
Answer» E.
18.

The capacity to develop new ideas, concepts and processes is known as :

A. innovation,
B. invention,
C. skill,
D. creativity.
Answer» E.
19.

Social attitude is one of the important problems of a ………………………….. Entrepreneur.

A. drone.
B. business.
C. women.
D. adoptive.
Answer» D. adoptive.
20.

Knowledge + Skill + Traits = ………………………………..

A. innovation.
B. competency.
C. skill.
D. creativity.
Answer» C. skill.
21.

According to Schumpeter, Is the most important function of a modern entrepreneur.

A. innovation,
B. invention,
C. skill,
D. creativity.
Answer» B. invention,
22.

The term intrapreneur was coined by …………………………. .

A. robert owen
B. joseph schumpeter
C. richard cantillon
D. gifford pinchot
Answer» E.
23.

…………………………..entrepreneurs neither introduce new changes nor adopt new methods innovated by others.

A. technical
B. fabian
C. induced
D. business
Answer» C. induced
24.

………………………..entrepreneurs are extremely task oriented.

A. technical
B. fabian
C. induced
D. business
Answer» B. fabian
25.

………………………is the drive to achieve a goal.

A. motivation
B. need for achievement
C. competency
D. none of these
Answer» C. competency
26.

………………………applied the word entrepreneur to business for the first time.

A. robert owen
B. joseph schumpeter
C. richard cantillon
D. max weber
Answer» D. max weber