Entrepreneurship Development Objective Questions Answers for Practice

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

1. January 1920.
2. August 1920.
3. January 1972.
4. August 1972.

77. New entrepreneurs entering the field of medium industry for the first time can have market studies with the subsidiary of

1. 75% of the cost or Rs.15000 whichever is less.
2. 75% of the cost or Rs.15000 whichever is high
3. 50% of the cost or Rs.15000 whichever is less.
4. 50% of the cost or Rs.15000 whichever is high

78. New Small Scale industries are exempted from the payment of income tax under section 80Jis called

1. Development Rebate..
2. Investment Allowance.
3. Rehabilitation Allowance.
4. Tax Holiday

79. O & M refers to

1. overall efficiency of business.
2. efficiency of office and administrative work.
3. office work measurement.
4. office and management study.

80. One of the disadvantages of a franchise business for a franchisee is

1. Lack of independence.
2. Franchise businesses typically have a high failure rate.
3. Lack of brand identity.
4. Training is not normally provided by the franchisor.

81. Over - capitalization arises due to.

1. excess of assets over the liabilities.
2. excess of liabilities over the assets.
3. actual earnings are lower than the expected earnings.
4. actual earnings are higher than the expected earnings.

82. PERT stands for

1. Programme Evaluation and Research Techniques.
2. Project Evaluation and Review Techniques.
3. Programme Evaluation and Review Techniques.
4. Project Evaluation and Research Techniques.

83. Primary data is

1. the most important data.
2. the data that is collected first.
3. new data specifically collected for a project.
4. data that is collected second.

84. Project management is ideally suited for a business environment requiring all of the following except

1. Flexibility
2. Innovation
3. speed
4. Repetability

85. Project mission and objectives, procedures and systems used, and organization resources used typically appear in the section of the final project report.

1. Analysis
2. Recommendation
3. lessons learned
4. financial feasibility

86. Promoter is a person who

1. takes part in the incorporation of a company
2. is a director.
3. is a relative of the managing director.
4. works to publicity to the company.

87. refers to some action which is a time consuming effort necessary to complete a specific event.

1. A Network.
2. An Activity.
3. An Event.
4. A Node.

88. Reserve bank of India is a/an

1. statutory corporation.
2. company limited by guarantee.
3. company limited by shares.
4. unlimited company.

89. Section 80 HHB provides for a deduction of of profits and gains earned by a resident Indian company.

1. 65%.
2. 60%.
3. 55%.
4. 50%

90. Seed capital assistance

1. a long-term assistance.
2. initial assistance
3. a help for the purchase of seeds.
4. a short-term assistance.