94 + Mcqs in Entrepreneurship Development (ED) McqOptions

1.	A micro manufacturing enterprise is one in which the investment in plant and machinery does not exceed .
A.	Rs. 5 lakhs.
B.	Rs. 10 lakhs.
C.	Rs.20 lakhs.
D.	None of these.
Answer» E.

Discussion

2.	incubators are organised and managed by private firms or companies or corporations
A.	government sponsored
B.	non-profit organizations sponsored
C.	university sponsored
D.	privately sponsored
Answer» E.

Discussion

3.	In case of mutually exclusive projects, the project with . PI is to be selected.
A.	higher
B.	lower
C.	negative
D.	positive
Answer» B. lower

Discussion

4.	Which of the following attitudes Is not generally associated with successful entrepreneurship :
A.	Competition and co-operation
B.	Desire to influence others
C.	Innovation and product improvement
D.	Status quo in business
Answer» E.

Discussion

5.	provides consultancy services to small and medium enterprises at reasonable cost
A.	naye
B.	tco
C.	sido
D.	nsic
Answer» C. sido

Discussion

6.	All of the following are suitable questions to ascertain Product/Service Desirability EXCEPT:
A.	Does it make sense?
B.	Is the product or service financially feasible?
C.	Is this a good time to introduce the product or service in the market?
D.	Are there any fatal flaws in the product or service's basic design or concept?
Answer» C. Is this a good time to introduce the product or service in the market?

Discussion

7.	6 166) . Is also called functional layout:
A.	Process layout.
B.	Combined layout.
C.	Stationary layout.
D.	Cellular layout.
Answer» E.

Discussion

8.	study is a systematic method adopted to find out the possibility and practicability of starting a project.
A.	profitability
B.	liquidity
C.	feasibility
D.	viability
Answer» D. viability

Discussion

9.	A ______________ is a professional money manager who makes risk investment from a pool of equity capital to obtain a high rate of return on investments.
A.	venture capitalist
B.	entrepreneur
C.	businessman
D.	buyer
Answer» B. entrepreneur

Discussion

10.	.. Skill refers to the ability to conceive new ideas and products..
A.	diagnostic
B.	conceptual
C.	technical
D.	human relation
Answer» C. technical

Discussion

11.	analysis is a technique commonly used to assess expected product profitability.
A.	pert
B.	cpm
C.	bep
D.	swot
Answer» D. swot

Discussion

12.	incubators transit the findings of research and development into new products and technologies.
A.	government sponsored
B.	non-profit organizations sponsored
C.	university sponsored
D.	privately sponsored
Answer» D. privately sponsored

Discussion

13.	______________ is a form of financing especially for funding high technology, high risk and Perceived high reward projects
A.	Fixed capital.
B.	Current capital.
C.	Seed capital.
D.	Venture capital.
Answer» E.

Discussion

14.	..are incubators sponsored and managed through associations, chambers of commerce etc
A.	government sponsored
B.	non-profit organizations sponsored
C.	university sponsored
D.	privately sponsored
Answer» C. university sponsored

Discussion

15.	7 178) Incubators organised by the government are called
A.	government sponsored
B.	non-profit organizations sponsored
C.	university sponsored
D.	privately sponsored
Answer» D. privately sponsored

Discussion

16.	The distinction between an "entrepreneur" and "small business owner" , if made, revolves around:
A.	really nothing; they are truly one and the same
B.	the Small Business Administration definitions
C.	whether the business is an Internet based one or not
D.	the risk taking or re-invention of a business vs. someone who "simply" starts a
Answer» C. whether the business is an Internet based one or not

Discussion

17.	The scientific technique of evaluation of capital expenditure decisions include the following except:
A.	npv.
B.	pi.
C.	irr.
D.	payback period.
Answer» E.

Discussion

18.	9 203)Large scale projects are an example of .project
A.	quantifiable
B.	magnitude oriented
C.	sectoral
D.	crash
Answer» C. sectoral

Discussion

19.	.represents the activities and events of a project in a logical sequence.
A.	network diagram
B.	project graph
C.	arrow diagram
D.	all of these
Answer» B. project graph

Discussion

20.	is the unbroken chain of activities from start event to end event in the network diagram.
A.	slack
B.	activity
C.	network
D.	path
Answer» E.

Discussion

21.	.. Analysis is one of the most popular techniques used for planning, scheduling, monitoring and co-ordinating projects comprising a number of activities.
A.	network
B.	financial
C.	techno-economic
D.	input
Answer» B. financial

Discussion

22.	A small service enterprise is one in which the investment in plant and machinery does not exceed .
A.	Rs. 25 lakhs.
B.	1 crore.
C.	2 crores.
D.	None of these.
Answer» D. None of these.

Discussion

23.	.. is a contract between the owner and user of the asset to use the asset for a consideration.
A.	venture capital
B.	layered financing
C.	deferred credit
D.	lease financing
Answer» E.

Discussion

24.	_____ is a favorable set of circumstances that creates a need for a new product, service, or business.
A.	A niche
B.	A venture
C.	A trend
D.	An opportunity
Answer» E.

Discussion

25.	are activities that must be completed immediately prior to the start of another activity.
A.	critical
B.	preceding
C.	succeeding
D.	concurrent
Answer» C. succeeding

Discussion

26.	...analysis is a continuous process used to analyse the past and/or projected financial data.
A.	break-even
B.	sensitivity
C.	financial
D.	ratio
Answer» D. ratio

Discussion

27.	Activities that cannot be started until one or more of other activities are completed but immediately follow are called ..
A.	critical
B.	preceding
C.	succeeding
D.	concurrent
Answer» D. concurrent

Discussion

28.	All of the following are characteristics shared by those who excel at recognizing opportunities EXCEPT:
A.	brainstorming.
B.	prior experience.
C.	entrepreneurial alertness.
D.	social contacts and ties with others.
Answer» B. prior experience.

Discussion

29.	A micro service is one in which the investment in plant and machinery does not exceed ..
A.	rs. 5 lakhs.
B.	rs.10 lakhs.
C.	rs 25 lakhs.
D.	none of these.
Answer» C. rs 25 lakhs.

Discussion

30.	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

Discussion

31.	A bonus or financial aid which is given by a govt. to an industry to help it compete with other units in home market or in a foreign market is known as
A.	subsidy.
B.	concession.
C.	bounties.
D.	none of these.
Answer» D. none of these.

Discussion

32.	Difference between latest finish time and estimated time to perform the project is called ..
A.	EFT
B.	LST
C.	LFT
D.	EST
Answer» C. LFT

Discussion

33.	. the process of collection, compilation and analysis of economic data for the purpose of finding out possible opportunities for investment.
A.	project screening
B.	project appraisal
C.	project identification
D.	none
Answer» D. none

Discussion

34.	analysis helps to compare current performance with the past and also in measuring effectiveness and efficiency of the organization in the light of norms of performances
A.	break-even
B.	sensitivity
C.	risk
D.	ratio
Answer» E.

Discussion

35.	The term refers to the plan for a particular type of building, arrangement of machinery and equipment and provision of facilitation in the building.
A.	factory building
B.	factory design
C.	factory layout
D.	factory premises
Answer» C. factory layout

Discussion

36.	The term refers to the plan for a particular type of building, arrangement of machinery and equipment and provision of facilitation in the building.
A.	factory building
B.	factory design
C.	factory layout
D.	factory premises
Answer» C. factory layout

Discussion

37.	The discount rate at which present value of cash inflows equals to the present value of cash outflows is called ..
A.	arr
B.	irr
C.	ntv
D.	urgency
Answer» C. ntv

Discussion

38.	The advance given to cover the finance requirement during the time lag between the sanctioning and disbursement of term loan by financial institutions is known as ..
A.	soft loan.
B.	seed capital.
C.	capital subsidy.
D.	bridge loan.
Answer» E.

Discussion

39.	The advance given to cover the finance requirement during the time lag between the sanctioning and disbursement of term loan by financial institutions is known as ..
A.	Soft loan.
B.	Seed capital.
C.	Capital subsidy.
D.	Bridge loan.
Answer» E.

Discussion

40.	..is the advance given to cover the finance requirement during the time lag between sanctioning and disbursement of term loan by financial institutions.
A.	incentive
B.	bridge capital
C.	subsidy
D.	venture capital
Answer» C. subsidy

Discussion

41.	analysis helps in studying the impact of crucial variables like raw materials, sales volume, sales price, degree of capacity utilization etc over the economic viability of an enterprise.
A.	break-even
B.	sensitivity
C.	risk
D.	ratio
Answer» C. risk

Discussion

42.	Arrangement where payments to suppliers are made in agreed installments over a specified period of time at some agreed rate of interest on the outstanding balance.
A.	venture capital
B.	layered financing
C.	deferred credit
D.	lease financing
Answer» D. lease financing

Discussion

43.	Original investment is divided by constant cash .. to get payback period.
A.	inflows
B.	outflows
C.	balance
D.	both (a)and (b)
Answer» B. outflows

Discussion

44.	Arrangement where payments to suppliers are made in agreed installments over a specified period of time at some agreed rate of interest on the outstanding balance.
A.	venture capital
B.	layered financing
C.	deferred credit
D.	lease financing
Answer» D. lease financing

Discussion

Explore topic-wise MCQs in Testing Subject.

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

incubators are organised and managed by private firms or companies or corporations

In case of mutually exclusive projects, the project with . PI is to be selected.

Which of the following attitudes Is not generally associated with successful entrepreneurship :

provides consultancy services to small and medium enterprises at reasonable cost

All of the following are suitable questions to ascertain Product/Service Desirability EXCEPT:

6 166) . Is also called functional layout:

study is a systematic method adopted to find out the possibility and practicability of starting a project.

A ______________ is a professional money manager who makes risk investment from a pool of equity capital to obtain a high rate of return on investments.

.. Skill refers to the ability to conceive new ideas and products..

analysis is a technique commonly used to assess expected product profitability.

incubators transit the findings of research and development into new products and technologies.

______________ is a form of financing especially for funding high technology, high risk and Perceived high reward projects

..are incubators sponsored and managed through associations, chambers of commerce etc

7 178) Incubators organised by the government are called

The distinction between an "entrepreneur" and "small business owner" , if made, revolves around:

The scientific technique of evaluation of capital expenditure decisions include the following except:

9 203)Large scale projects are an example of .project

.represents the activities and events of a project in a logical sequence.

is the unbroken chain of activities from start event to end event in the network diagram.

.. Analysis is one of the most popular techniques used for planning, scheduling, monitoring and co-ordinating projects comprising a number of activities.

A small service enterprise is one in which the investment in plant and machinery does not exceed .

.. is a contract between the owner and user of the asset to use the asset for a consideration.

_____ is a favorable set of circumstances that creates a need for a new product, service, or business.

are activities that must be completed immediately prior to the start of another activity.

...analysis is a continuous process used to analyse the past and/or projected financial data.

Activities that cannot be started until one or more of other activities are completed but immediately follow are called ..

All of the following are characteristics shared by those who excel at recognizing opportunities EXCEPT:

A micro service is one in which the investment in plant and machinery does not exceed ..

Project appraisal is the process of estimating the costs and benefits of a project to arrive at the decision.

A bonus or financial aid which is given by a govt. to an industry to help it compete with other units in home market or in a foreign market is known as

Difference between latest finish time and estimated time to perform the project is called ..

. the process of collection, compilation and analysis of economic data for the purpose of finding out possible opportunities for investment.

analysis helps to compare current performance with the past and also in measuring effectiveness and efficiency of the organization in the light of norms of performances

The term refers to the plan for a particular type of building, arrangement of machinery and equipment and provision of facilitation in the building.

The term refers to the plan for a particular type of building, arrangement of machinery and equipment and provision of facilitation in the building.

The discount rate at which present value of cash inflows equals to the present value of cash outflows is called ..

The advance given to cover the finance requirement during the time lag between the sanctioning and disbursement of term loan by financial institutions is known as ..

The advance given to cover the finance requirement during the time lag between the sanctioning and disbursement of term loan by financial institutions is known as ..

..is the advance given to cover the finance requirement during the time lag between sanctioning and disbursement of term loan by financial institutions.

analysis helps in studying the impact of crucial variables like raw materials, sales volume, sales price, degree of capacity utilization etc over the economic viability of an enterprise.

Arrangement where payments to suppliers are made in agreed installments over a specified period of time at some agreed rate of interest on the outstanding balance.

Original investment is divided by constant cash .. to get payback period.

Arrangement where payments to suppliers are made in agreed installments over a specified period of time at some agreed rate of interest on the outstanding balance.