Entrepreneurship Development Objective Question and Answer
Entrepreneurship Development MCQ Multiple Choice Questions - Page 4 for Practice
91. set up for the purpose of financing, facilitating, and promoting foreign trade of India.
Correct Answer is: EXIM bank
92. SFC is prohibited from granting financial assistance to any company whose aggregate paid up capital exceed.
Correct Answer is: 1 crore.
93. SIDBI was set up as a subsidiary of.
Correct Answer is: IDBI.
94. SIPCOT's financial assistance is in the form of
Correct Answer is: All of the above.
95. Someone legally appointed to resolve the financial difficulties of an insolvent firm is called
Correct Answer is: an administrator.
96. State Industrial corporations engage in the development of.
Correct Answer is: industrial estates.
97. Strategic entrepreneurial marketing has been summarised as the 4Is: identification of target markets, interactive marketing methods, informal intelligence gathering and what is the fourth?
Correct Answer is: innovation.
98. Swot Analysis is a tool
Correct Answer is: Conceptual
99. The application for registration of a small scale unit should be submitted to
Correct Answer is: General Manager, DIC
100. The application for registration of a small scale unit should be submitted to the
Correct Answer is: General manager, DIC.
101. The business development department of SIPCOT guides entrepreneurs in
Correct Answer is: All the above.
102. The charter of a company is its
Correct Answer is: prospectus.
103. The content of the final report typically includes the following topics
Correct Answer is: If all the above are correct.
104. The entrepreneur distinguished themselves from capital provider in
Correct Answer is: 18th Century
105. The expenses incurred on the setting up of the enterprise are called as
Correct Answer is: Cost of promotion..
106. The feasibility study process of entrepreneurship are
Correct Answer is: Both (a) & (b)
107. The idea generation process of entrepreneurship are
Correct Answer is: All of these
108. The Markets and Competitors section of a business plan should contain
Correct Answer is: All the above.
109. The minimum amount of------------------,irrespective of such private participation,could be specified at a minimum 17.5 per cent of project costs by lending institutions.
Correct Answer is: promotors contribution
110. The oldest form of business organization is
Correct Answer is: sole proprietorship.
111. The policy which emphasized the need of promoting small-scale industries through integrated industrial development is.
Correct Answer is: IPR 1977.
112. The policy which stressed the role of cottage and small-scale industries for balanced industrial development of the country is
Correct Answer is: IPR 1948.
113. The process of Entrepreneurship is divided into two parts & they are
Correct Answer is: Idea Generation and Feasibility study
114. The process of preparing an inventory of skills needed for effective implementation ofthe project is called as
Correct Answer is: Managerial competence.
115. The purpose of all good small business strategy is
Correct Answer is: to achieve stated objectives.
116. The purpose of soft loan scheme is to encourage units to undertake
Correct Answer is: all the above
117. The small scale unit wishing to export has to obtain exporters code number from
Correct Answer is: The Reserve Bank of India.
118. The 'T' in a PESTLE analysis refers to
Correct Answer is: Technology.
119. The term denotes bonus or financial aid which is given by a government to an industry to help it compete with other units
Correct Answer is: Bounty.
120. The term Capitalization is used in relation to
