BANK/Entrepreneurial Development MCQ Set 2 Sample Test,Sample questions

Question:
 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


Question:
 A public corporation means _____.

1. public company.

2.government company.

3.statutory corporation

4.department of union government


Question:
 A valid definition of a business purpose is to ______.

1.create a customer.

2.maximize profits

3.serve the society.

4. increase the wealth of the firm.


Question:
 District Industries Centres are located ____________.

1.. in each district.

2.. in each state.

3. only in selected districts

4.only in selected states.


Question:
 Every entrepreneur should draw an _______ for his project to ensure the timely completion of all activities involved in setting up an enterprise. 

1.cost structure

2.implementation plan

3.market structure

4.production structure


Question:
 Institutional agencies grant financial assistance to small scale industries for _________.

1.participation in equity capital only.

2.acquisition of fixed assets.

3.working capital assistance

4. all of the above.


Question:
 Institutional agencies grant financial assistance to small scale industries for _________.

1.participation in equity capital only.

2.acquisition of fixed assets.

3.working capital assistance

4. all of the above.


Question:
 Integration of project management with the organization takes place with the _______________.

1.master budjet

2.strategic plan

3.Process of managing actual projects

4. both b and c


Question:
 Integration of project management with the organization takes place with the _______________.

1.master budjet

2.strategic plan

3.Process of managing actual projects

4. both b and c


Question:
 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


Question:
 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.


Question:
 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


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

1.. 65%.

2.50%

3. 55%

4. 60%.


Question:
 The oldest form of business organization is ______.

1.Partnership.

2. sole proprietorship

3. joint-stock company

4.co-operative undertaking.


Question:
 The term Capitalization is used in relation to ______.

1.sole-proprietorship.

2.Partnership

3.. joint-stock companies

4.co-operative societies


Question:
 Underestimation of project cost leads to ___________.

1.Time under run.

2.Cost under run

3.Time over run

4.Cost over run


Question:
 When a firm enters into business which is unrelated to its existing business both in terms of technology and marketing ______________.

1.. conglomerate diversification.

2. horizontal integration

3.vertical integration

4.concentric integration


Question:
 When a firm enters into some business which is related with its present business in terms of technology, marketing or both it is called as _____________.

1.conglomerate diversification.

2.horizontal integration.

3.vertical integration

4.concentric integration.


Question:
 Which of the following is a characteristic typical of _________?Most entrepreneurs

1.Choose high-risk ventures.

2.Choose low-risk ventures.

3.Choose moderate (or calculated) risk ventures.

4.Choose no risk ventures.


Question:
 Which of the following is not an aspect of appraisal of term loans by commercial banks? Which of the following is not an aspect of appraisal of term loans by commercial banks?

1. Financial feasibility.

2.Technical feasibility.

3. Economic feasibility

4.Societal feasibility.


Question:
 Which of the following sources is not use for medium-term financing?

1.Issue of equity shares.

2. Issue of debentures

3.Term loans from banks.

4.Sale of current asset.


Question:
. Business risks can be ______.

1.reduced.

2.avoided

3.ignored

4.erased


Question:
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.


Question:
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.


Question:
A key aspect of the financial section of the business plan is _________.

1. A. A statement of management skills.

2.A realistic sales forecast.

3.Production capacity.

4.A description of competitors.


Question:
A person owning and running a small firm, is known as________.

1.manager-owner.

2. An owner-manager

3.A professional adapter

4. An enterprise worker.


Question:
A provisional SSI registration certificate is valid for a period of __________.

1.four Years.

2.three Years.

3.. two Years

4.one year.


Question:
Activities which can be accomplished simultaneously are termed as ___________.

1. Preceeding Activities.

2. Succeeding Activities

3.Concurrent Activities

4.Dummy Activities.


Question:
An entrepreneur who owns more than one business at a time is called ________.

1. an intrapreneur.

2.a corporate entrepreneur

3.a portfolio entrepreneur

4.None of the above.


Question:
As a new company grows, the entrepreneur will need to _________.

1.. be responsive to changes in the market.

2.ensure financial controls are maintained.

3.build a management team.

4.All the above


Question:
Business means ________.

1. Commerce.

2.industry and commerce

3. trade and commerce.

4.selling and buying of goods.


Question:
CPM stands for____________.

1. Continuous Path Method.

2. Clear Path Method

3.Critical Path Method

4.Critical Probabilistic Method.


Question:
Decisions taken by an entrepreneur on behalf of his enterprise are known as _________.

1.Organizational decisions.

2.Personal decisions

3.Routine decisions.

4. Strategic decisions


Question:
Decisions which are concerned with policy matters and exercise fundamental influence on the
objectives of the organization are called as____________.

1.Organizational decisions.

2.Personal decisions

3.Routine decisions

4.Strategic decisions.


Question:
Decisions which are concerned with policy matters and exercise fundamental influence on the
objectives of the organization are called as____________.

1.Organizational decisions.

2.Personal decisions

3.Routine decisions

4.Strategic decisions.


Question:
Decisions which are concerned with policy matters and exercise fundamental influence on the objectives of the organization are called as____________.

1.Organizational decisions.

2.Personal decisions.

3.Routine decisions

4.Strategic decisions.


Question:
Decisions which are non-repetitive and novel nature and required to solve unstructured problem is called as ___________.

1.Programmed decisions.

2.Non -programmed decisions

3.Routine decisions.

4.Strategic decisions.


Question:
DGTD stands for __________.
.

1.Directorate General of Technical Development.

2.District General of Technical Development

3.District General of Taxation Deduction

4.Directorate General of Taxation Deduction


Question:
DIC is headed by General Manager in the rank of ___________.

1.Joint Director of industries.

2.Assistant Director of industries.

3. Non-departmental officer.

4. Departmental officer.


Question:
Entrepreneurial development is the key to achieve all-round __________ through acceleration of industrial and entrepreneurial activities.

1.increase in profits

2.economic development

3.shareholders value

4. business development


Question:
Entrepreneurship can best be described as _________.

1.a process that requires setting up a business.

2. taking a significant risk in a business context.

3. having a strong vision.

4.a process involving innovation, new products or services, and value creation.


Question:
EST stands for ____________.

1. Earliest Start Time.

2.Event Start Time

3.Effective Start Time

4. Essential Start Time.


Question:
EST stands for ____________.

1. Earliest Start Time.

2.Event Start Time

3.Effective Start Time

4. Essential Start Time.


Question:
EXIM bank is a __________.

1. State-level institution.

2.Regional -level institution

3.All India institution

4. International institution.


Question:
Idea of new product is tested in potential consumers to determine consumer acceptance at _________
stage.

1.Concept.

2.Product development.

3.Test marketing

4.Commercialization


Question:
Industries producing complete articles for direct consumption & also processing industries is called
as_______________.

1.Manufacturing industries.

2.Feeder Industries

3. Service Industries.

4.Mining or Quarrying.


Question:
LOB stands for____________.

1.Line of Business.

2.Line of Balance.

3.Loss of Business.

4.Loss of Balance


Question:
market potential of the project report includes ________.

1. demand and supply conditions

2.market strategy

3.after-sales service

4.All the above


Question:
Memorandum of association of a firm contains _______.

1. rules regarding the internal management of the company.

2.rules regarding the constitution and activities of the company.

3.rules regarding the external management

4.rules regarding the constitution.


Question:
NABARD is a Bank for _____________ development

1.Urban

2.Agricultural and Rural

3.Scientific

4.Agriculture and research


Question:
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.


Question:
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.


Question:
Over – capitalization arises due to___________.

1.excess of assets over the liabilities.

2.excess of liabilities over the assetss.

3. actual earnings are lower than the expected earning

4.actual earnings are higher than the expected earnings.


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

1. Flexibility

2.Innovation

3.speed

4.Repetability


Question:
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


Question:
Reserve bank of India is a/an _______.

1.statutory corporation.

2. company limited by guarantee

3. company limited by shares

4.unlimited company.


Question:
Seed capital assistance ___________.

1. a long-term assistance.

2. initial assistance

3. a help for the purchase of seeds.

4. a short-term assistance.


Question:
Seed capital assistance ___________.

1. a long-term assistance.

2. initial assistance

3. a help for the purchase of seeds.

4. a short-term assistance.


Question:
Seed capital assistance ___________.

1. a long-term assistance.

2. initial assistance

3. a help for the purchase of seeds.

4. a short-term assistance.


Question:
Strategic entrepreneurial marketing has been summarised as the 4Is: identification of target markets,
interactive marketing methods, informal intelligence gathering and what is the fourth?

1. innovation.

2.instructiveness

3.independence

4.internet


Question:
SWOT Analysis is a _____________ tool

1. Conceptual

2.Modern

3.Scientific

4.Traditional


Question:
The application for registration of a small scale unit should be submitted to the _______ .

1.General manager, DIC.

2.Director, DIC.

3.General manager. NSIC.

4. Director, NSIC.


Question:
The ‘T’ in a PESTLE analysis refers to ___________.

1.A. Time. B. . C. . D. .

2.Technology

3.Training

4.Talent


Question:
The charter of a company is its ______.

1.prospectus.

2.statement lieu of prospectus

3.memorandum of association.

4.articles of association.


Question:
The content of the final report typically includes the following topics __________.

1. Executive summary

2.review and analysis

3. recommendations

4. If all the above are correct.


Question:
The expenses incurred on the setting up of the enterprise are called as _________..

1. Cost of financing.

2.Cost of promotion.

3. Cost of fixed assets

4.Cost of current assets


Question:
The Markets and Competitors section of a business plan should contain ____________.

1.. A statement of the target market.

2.The size of each market segment

3.The key characteristics of buyers in each business segment.

4.All the above


Question:
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.. bank loans

2.promotors contribution

3. fixed capital

4.working capital


Question:
The policy which emphasized the need of promoting small-scale industries through integrated industrial development is_____________.

1.IPR 1948.

2.IPR 1956

3.IPR 1977

4. IPR 1980.


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

1.IPR 1940.

2.IPR 1948

3.IPR 1956

4.IPR 1977.


Question:
The process of preparing an inventory of skills needed for effective implementation of the project is
called as ____________.

1. Economic viability.

2.Financial feasibility

3.Technical feasibility.

4.Managerial competence.


Question:
The purpose of soft loan scheme is to encourage units to undertake ___________.

1. modernization of plant and machinery.

2. replacement of plant and machinery.

3. renovation of plant and machinery.

4.all the above


Question:
The small scale unit wishing to export has to obtain exporters code number from _________.

1. The Reserve Bank of India.

2.The Central Bank of India

3.Any Regional Bank

4. Any International Bank.


Question:
The type of diversification in which the company adds complementary to the existing product or service line is _________.

1.conglomerate diversification.

2.horizontal integration.

3.vertical integration.

4.concentric integration.


Question:
The type of diversification in which the company adds up same type of products at the same level of production is ____________.

1.conglomerate diversification.

2.horizontal integration

3.vertical integration

4. concentric integration.


Question:
The UK government has implemented a number of policies to encourage Entrepreneurship in schools.
One such initiative is _________.

1.Young Enterprise.

2.Youth venture.

3. Young Business

4.Young Initiative.


Question:
Today, many companies are using managerial techniques that are designed to encourage _________.

1. increasing profits

2. legal compliances

3.Ethical behaviour

4.shareholders value


Question:
Under section 80J of the income tax act, 1961, small-scale industries are exempted from the payment of income tax on their profits at ___________.

1. 6% p.a.

2.6% p.m.

3.5% p.a.

4. 5% p.a.


Question:
Under-capitalization arises due to __________.

1. excess of assets over the liabilities.

2.excess of liabilities over the assets.

3.actual capitalization is higher than the proper capitalization

4. actual capitalization is lower than the proper capitalization.


Question:
what are the components of the project report ________.

1. requirement of funds

2.location

3.manpower

4.All the above


Question:
What is the role of a Business Angel?

1.To provide small business advice.

2.To set up a franchise business.

3. To provide capital for business development in exchange for a stake in the Business ownership.

4.To assist an entrepreneur to open a lifestyle business.


Question:
Which of the following securities proves a burden on the finances of the company, when the company is not
earning profits?

1. Equity shares.

2.Preference shares

3.Redeemable preference shares

4.Debentures.


Question:
_____ may be defined as the excess of the present value of project cash inflows over that of out
flows.

1. Net present value technique.

2.Average rate of return

3. Benefit-Cost ratio.

4.Internal rate of return


Question:
_______ is the analysis of costs and benefits of a proposed project with the goal of assuming
a rational allocation of limited funds.

1.A. Project formulation.

2.Project evaluation

3.Project appraisal

4.Project Design.


Question:
___________ is granted to small scale units under section 33B of the Income tax act, 1961.

1.Depreciation Allowance.

2. Development Debate

3. Investment Allowance

4. Rehabilitation Allowance.


Question:
____________ is a problem -solving technique designed to produce numerous ideas in a short
period

C. Brain storming.
D. Nominal group technique.

1.Synectics.

2.Delphi technique.

3.Brain storming.

4.Nominal group technique.


Question:
____________, which is included in the project cost, is estimated on the basis of the year when the enterprise breaks even.

1.working capital

2.cost of capital

3.cost of production

4.cost of equity


Question:
_____________ describes the direction, the enterprise is going in, what its goals are, where it wants to be, and how it is going to get there.

1. project report

2.technical analysis

3.market analysis

4.financial analysis


Question:
_____________ is an event-oriented approach .

1.CPM.

2.GERT

3.PERT

4.WASP


Question:
_____________ is an event-oriented approach .

1.CPM.

2.GERT

3.PERT

4.WASP


Question:
______________ is an activity-oriented approach.
http://172.16.1.50/printqp.php?heading=III B.COM [2017-2020],Semest…

1.. GERT

2.PERT

3.CPM

4.WASP


Question:
______________ is an activity-oriented approach.
http://172.16.1.50/printqp.php?heading=III B.COM [2017-2020],Semest…

1.. GERT

2.PERT

3.CPM

4.WASP


Question:
______________ is an activity-oriented approach.
http://172.16.1.50/printqp.php?heading=III B.COM [2017-2020],Semest…

1.. GERT

2.PERT

3.CPM

4.WASP


Question:
_______________ implies the availability or otherwise of plant and machinery and technical know
how to produce the product.

1.Economic viability

2.Financial feasibility

3.Technical feasibility.

4. Managerial competence


Question:
_________________ is the systematic development of a project idea for the eventual purpose of arriving at an investment decision.

1. Project identification.

2.Project formulation

3. Project feasibility

4. Project evaluation.


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