Entrepreneurship Development Questions and Answers in Quiz Form 8 for Practice

106. The feasibility study process of entrepreneurship are

1. Verification
2. Both (a) & (b)
3. None of these
4. Illumination

107. The idea generation process of entrepreneurship are

1. Preparation
2. Incubation
3. All of these
4. Germination

108. The Markets and Competitors section of a business plan should contain

1. The size of each market segment.
2. The key characteristics of buyers in each business segment.
3. All the above.
4. A statement of the target market.

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.

1. promotors contribution
2. fixed capital
3. working capital
4. bank loans

110. The oldest form of business organization is

1. sole proprietorship.
2. joint stock company.
3. co-operative undertaking.
4. Partnership.

111. The policy which emphasized the need of promoting small-scale industries through integrated industrial development is.

1. IPR 1956.
2. IPR 1977.
3. IPR 1980.
4. IPR 1948.

112. The policy which stressed the role of cottage and small-scale industries for balanced industrial development of the country is

1. IPR 1948.
2. IPR 1956.
3. IPR 1977.
4. IPR 1940.

113. The process of Entrepreneurship is divided into two parts & they are

1. Innovation generation and Distribution Channel
2. Creativity and Development
3. Profit and Economic Development
4. Idea Generation and Feasibility study

114. The process of preparing an inventory of skills needed for effective implementation ofthe project is called as

1. Financial feasibility.
2. Technical feasibility.
3. Managerial competence.
4. Economic viability.

115. The purpose of all good small business strategy is

1. to increase profitability.
2. to achieve competitive advantage.
3. to achieve stated objectives.
4. to increase turnover.

116. The purpose of soft loan scheme is to encourage units to undertake

1. replacement of plant and machinery.
2. renovation of plant and machinery.
3. all the above
4. modernization of plant and machinery.

117. The small scale unit wishing to export has to obtain exporters code number from

1. The Central Bank of India.
2. Any Regional Bank.
3. Any International Bank.
4. The Reserve Bank of India.

118. The 'T' in a PESTLE analysis refers to

1. Technology.
2. Training.
3. Talent.
4. Time.

119. The term denotes bonus or financial aid which is given by a government to an industry to help it compete with other units

1. Subsidy.
2. Bounty.
3. Concession.
4. Incentive.

120. The term Capitalization is used in relation to

1. Partnership.
2. joint stock companies.
3. co-operative societies
4. sole-proprietorship.