Entrepreneurship MCQs with Answers Part # 3

May 1, 2023 Entrepreneurship 201 Views

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Entrepreneurship MCQs with Answers Part 3

Question 101 to 120

There is no question

Questions 121 to 150

121. Additional time which a non-critical activity can consume without increasing the project duration is called ______________.

Total Float.

Free Float

Independent Float.

Dependent Float

Correct! Wrong!

122. Decisions which are concerned with policy matters and exercise fundamental influence on the objectives of the organization are called as ______________.

Organizational decisions.

Personal decisions.

Routine decisions.

Strategic decisions.

Correct! Wrong!

123. ______________ is granted to small scale units under section 33B of the Income tax act, 1961.

Depreciation Allowance.

Development Debate.

Investment Allowance.

Rehabilitation Allowance.

Correct! Wrong!

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

January 1920.

August 1920.

January 1972.

August 1972.

Correct! Wrong!

125. What is the role of a Business Ange?

To provide small business advice.

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

To set up a franchise business.

To assist an entrepreneur to open a lifestyle business.

Correct! Wrong!

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

75% of the cost or Rs.15000 whichever is less.

75% of the cost or Rs.15000 whichever is high

50% of the cost or Rs.15000 whichever is less.

50% of the cost or Rs.15000 whichever is high

Correct! Wrong!

127. The type of diversification in which the company adds complementary to the existing product or service line is ______________.

conglomerate diversification.

horizontal integration.

vertical integration.

concentric integration.

Correct! Wrong!

128. District Industries Centres are located ______________.

in each district.

in each state.

only in selected districts.

only in selected states.

Correct! Wrong!

129. Institutional agencies grant financial assistance to small scale industries for ______________.

participation in equity capital only.

acquisition of fixed assets.

working capital assistance.

all of the above.

Correct! Wrong!

130. The expenses incurred on the setting up of the enterprise are called as ______________.

Cost of financing.

Cost of promotion.

Cost of fixed assets.

Cost of current assets.

Correct! Wrong!

131. Which of the following leads to under-capitalization?

raising of more money by issue of shares.

acquiring fixed assets on excessive amounts.

over-estimation of earnings for enterprise.

under-estimation of initial rate of earnings.

Correct! Wrong!

132. The term Capitalization is used in relation to ______________.

sole-proprietorship.

Partnership

joint stock companies.

co-operative societies

Correct! Wrong!

133. O & M refers to ______________

overall efficiency of business.

efficiency of office and administrative work.

office work measurement.

office and management study.

Correct! Wrong!

134. Which of the following is a characteristic typical of ______________? Most entrepreneurs

Choose high risk ventures.

Choose low risk ventures.

Choose moderate (or calculated) risk ventures.

Choose no risk ventures.

Correct! Wrong!

135. Entrepreneurship can best be described as ______________.

a process that requires setting up a business.

taking a significant risk in a business context.

having a strong vision.

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

Correct! Wrong!

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

Flexibility

Innovation

speed

Repeatability

Correct! Wrong!

137. what are the components of then project report ______________.

requirement of funds

location

manpower

all the above

Correct! Wrong!

138. Today, many companies are using managerial techniques that are designed to encourage ______________.

Ethical behavior

legal compliances

increasing profits

shareholders value

Correct! Wrong!

139. Which could provide an individual with the motivation to start a new business venture?

The financial rewards.

A desire to be independent.

Risk taking

All the above.

Correct! Wrong!

140. Which of the following is the reason for business failure ______________.

Lack of market research.

Poor financial control.

Poor management.

All the above.

Correct! Wrong!

141. Good sources of information for an entrepreneur about competitors can be Obtained from ______________.

Websites

Product information leaflets.

Company reports and published accounts.

All the above.

Correct! Wrong!

142. The purpose of all good small business strategy is ______________.

to increase turnover.

to increase profitability.

to achieve competitive advantage.

to achieve stated objectives.

Correct! Wrong!

143. State Industrial corporations engage in the development of ______________.

industrial estates.

institutional estates.

individual investors.

agricultural entrepreneurs.

Correct! Wrong!

144. Which of the following is a function of SIDBI?

Extension of seed capital.

Discounting of bills.

Providing factoring services.

All of the above.

Correct! Wrong!

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

Declining

Increasing

Stable

Fluctuating

Correct! Wrong!

146. PERT stands for ______________.

Programme Evaluation and Research Techniques.

Project Evaluation and Review Techniques.

Programme Evaluation and Review Techniques.

Project Evaluation and Research Techniques.

Correct! Wrong!

147. New Small Scale industries are exempted from the payment of income tax under section 80J is called ______________

Investment Allowance.

Development Rebate.

Rehabilitation Allowance.

Tax Holiday

Correct! Wrong!

148. ______________ is an activity-oriented approach.

CPM

PERT

GERT

WASP

Correct! Wrong!

149. ______________ is the systematic development of a project idea for the eventual purpose of arriving at an investment decision.

Project identification.

Project formulation.

Project feasibility.

Project evaluation.

Correct! Wrong!

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

four Years.

three Years.

two Years.

one year.

Correct! Wrong!

For more Entrepreneurship MCQs with Answers, Click the following links:

1 to 50, 51 to 100, 101 to 150, 151 to 200, 201 to 250, 251 to 300, 301 to more

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Entrepreneurship MCQs with Answers Part # 3

121. Additional time which a non-critical activity can consume without increasing the project duration is called ______________.

122. Decisions which are concerned with policy matters and exercise fundamental influence on the objectives of the organization are called as ______________.

123. ______________ is granted to small scale units under section 33B of the Income tax act, 1961.

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

125. What is the role of a Business Ange?

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

127. The type of diversification in which the company adds complementary to the existing product or service line is ______________.

128. District Industries Centres are located ______________.

129. Institutional agencies grant financial assistance to small scale industries for ______________.

130. The expenses incurred on the setting up of the enterprise are called as ______________.

131. Which of the following leads to under-capitalization?

132. The term Capitalization is used in relation to ______________.

133. O & M refers to ______________

134. Which of the following is a characteristic typical of ______________? Most entrepreneurs

135. Entrepreneurship can best be described as ______________.

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

137. what are the components of then project report ______________.

138. Today, many companies are using managerial techniques that are designed to encourage ______________.

139. Which could provide an individual with the motivation to start a new business venture?

140. Which of the following is the reason for business failure ______________.

141. Good sources of information for an entrepreneur about competitors can be Obtained from ______________.

142. The purpose of all good small business strategy is ______________.

143. State Industrial corporations engage in the development of ______________.

144. Which of the following is a function of SIDBI?

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

146. PERT stands for ______________.

147. New Small Scale industries are exempted from the payment of income tax under section 80J is called ______________

148. ______________ is an activity-oriented approach.

149. ______________ is the systematic development of a project idea for the eventual purpose of arriving at an investment decision.

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

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