Entrepreneurship Development Multiple Choice Question and Answers on Entrepreneurship Development Objective Questions and Answers of Entrepreneurship Development Quiz for freshers and interview preparations. Professionals, Teachers, Students and Kids Trivia Quizzes to test your knowledge on the subject.

Entrepreneurship Development Quiz Question with Answer


1. A business arrangement where one party allows another party to use a business name and sell its products or services is known as

  1. A cooperative.
  2. A franchise.
  3. An owner-manager business.
  4. A limited company.

2. A business arrangement where one party allows another party to use a business Name and sell its products or services is known as.

  1. A cooperative.
  2. A franchise.
  3. An owner-manager business.
  4. A limited company.

3. A commercial banker would prefer a debt-equity ratio over the years as it indicates financial strength of a unit.

  1. Declining.
  2. Increasing.
  3. Stable.
  4. Fluctuating.

4. A Company is called an artificial person because

  1. it does not have the shape of a natural person.
  2. it cannot be used in the court of law.
  3. it is invisible and intangible.
  4. it exists only in contemplation of law.Answer:C

5. A key aspect of the financial section of the business plan is

  1. A statement of management skills.
  2. A realistic sales forecast.
  3. Production capacity.
  4. A description of competitors.

6. A new venture's business plan is important because

  1. It helps to persuade others to commit funding to the venture.
  2. Can help demonstrate the viability of the venture.
  3. Provides a guide for business activities by defining objectives.
  4. All the above.

7. A person owning and running a small firm, is known as.

  1. A manager-owner.
  2. An owner-manager.
  3. A professional adapter.
  4. An enterprise worker.

8. A project, which may not add to the existing profits, should be financed by

  1. debentures.
  2. preference share capital.
  3. equity capital.
  4. public deposits.

9. A provisional SSI registration certificate is valid for a period of

  1. four Years.
  2. three Years.
  3. two Years.
  4. one year.

10. A public corporation means

  1. public company.
  2. government company.
  3. statutory corporation.
  4. department of union government

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Multiple Choice Questions and Answers on Entrepreneurship Development


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