lOMoARcPSD|5195934

Entrepreneurship Development MCQ Questions and Answers

Basic Econometrics (Amity University)

StuDocu is not sponsored or endorsed by any college or university

Downloaded by Mjp Notes ([email protected])
 lOMoARcPSD|5195934

7/18/2021 Entrepreneurship Development MCQ Questions and Answers

EGUARDIAN
Online Courses

Entrepreneurship Development MCQ Questions and

Answers
by Eguardian India / Marketing Management MCQ

Entrepreneurship Development MCQ Questions and Answers for preparation

of MBA, BBA & other academic and competitive exams.

Q1. ___ is a person responsible for setting up a business.

1. Entrepreneur
2. Businessman
3. Manager
4. Planner
Ans. 1

Q2. Entrepreneurship involves mobilizing the resources & combining them

to initiate change in production. T/F
Ans: T

Q3. Entrepreneurs are Risk Bearers. T/F

Ans: T

Q4. The entrepreneur always introduces something new or can be an

imitator. T/F
Ans: T

Q5. Individual Entrepreneur and Institutional Entrepreneurs are different.

T/F
Ans: T

Q6. Industrial Entrepreneur is a person who demonstrates his innovative skill

in organizing a corporate undertaking. T/F
Ans: F

Q7. Entrepreneur of large scale business like Tata, Birla, Etc are Instigated
Entrepreneur T/F
https://www.eguardian.co.in/entrepreneurship-development-mcq-questions-and-answers/ 1/14
Downloaded by Mjp Notes ([email protected])
 lOMoARcPSD|5195934

7/18/2021 Entrepreneurship Development MCQ Questions and Answers

Entrepreneur T/F
Ans: F

Q8. An induced Entrepreneur is one who is induced to take up an

entrepreneurial activity due to policy measures of the government to start a
new venture. T/F
Ans: T.

Q9.An Entrepreneur is different from a manager T/F

Ans. T

Q10.Bank Overdraft is a source of short term Finance T/F

Ans T

Q11. Trade Credits are a source of Long term Finance T/F

Ans: F

Q12. Borrowing of large money at a rate of interest fairly higher than the
actual rate of return on its capital employed is a cause of overcapitalization
T/F
Ans: T

Q13. To reduce the claims of shareholders, debentures holders & creditors is

a remedial measure for over-Capitalization. T/F
Ans: T

Q14. IFCW stands for ___

1. International Finance Company, Washington.
2. International Finance Corporation, Washington.
3. Intercompany Finance Corporation, Washington.
4. International Federal Corporation, Washington.
Ans.2

Q15. EICI stands for___

1. Export Inspector of Council of India
2. Export Inspection Company of India
3. Export Inspection Council of India
4. Export Investigation Council of India
Ans: 3

https://www.eguardian.co.in/entrepreneurship-development-mcq-questions-and-answers/ 2/14
Downloaded by Mjp Notes ([email protected])
 lOMoARcPSD|5195934

7/18/2021 Entrepreneurship Development MCQ Questions and Answers

Q16. ECGC stands for ___

1. Export Credit & Guarantee Company

2. Export Company & Guarantee Corporation

3. Export Credit & Guarantee Collaboration
4. Export Credit & Guarantee Corporation
Ans: 4

Q17. SIDO stands for ___

1. Small Industries Developing Organization
2. Small Industries Development Organization
3. Short Industries Development Organization
4. Small Industries Deployment Organization
Ans: 2

Q18. DIC stands for ______

1. Disassembled Industries Centers
2. District Industries Collaboration
3. District Industries Centers
4. Developing Industries Centers
Ans: 3

Q19. NIESBUD stands for ___

1. National Institution for Entrepreneurship & Small Business Development
2. National Institute for Enterprise & Small Business Development
3. National Institute for Entrepreneurship & Small Business Development
4. National Institute for Entrepreneurship & Small Businessman
Development
Ans: 3

Q20. XISS stands for ___

1. Xavious Institute of Social Service
2. Xavier Institute of Social Service
3. Xavier Institute of Socializing Service
4. Xavier Institution of Social Service
Ans: 2

Q21. MPCO stands for ___

1. Madhya Pradesh Company for Organization Ltd.
https://www.eguardian.co.in/entrepreneurship-development-mcq-questions-and-answers/ 3/14
Downloaded by Mjp Notes ([email protected])
 lOMoARcPSD|5195934

7/18/2021 Entrepreneurship Development MCQ Questions and Answers

2. Madhya Pradesh Consultant for Organization Ltd.

3. Middle Planning Consultancy Organization Ltd.

4. Madhya Pradesh Consultancy Organization Ltd.

Ans: 4

Q22. CYSEC stands for ___

1. Calcutta ‘Yes’ Self-employment Centre.
2. Calcutta ‘Y’ Self-employment Centre.
3. Calcutta ‘Y’ Self-employment Company.
4. Calcutta ‘Y’ Service-employment Centre.
Ans: 2

Q23. IDBI stands for ___

1. Industry Development Bank of India
2. Industrial Development Bank of Investment
3. Industrial Development by Bank of India
4. Industrial Development Bank of India
Ans: 4

Q25. TCO stands for ___

1. Tata Consultancy Organization
2. Technical Company Organization
3. Technical Configured Organization
4. Technical Consultancy Organization
Ans: 4

Q26. EGB stands for ___

1. Enterprise Development Bureau
2. Entrepreneurial deli censing Bank
3. Entrepreneurial Development Bureau
4. Entrepreneur Development Bureau
Ans: 3

Q27. CED stands for ___

1. Centre for Enterprise Development
2. Consultancy for entrepreneurship Development
3. Centre for entrepreneurship Deployment
4. Centre for entrepreneurship Development
https://www.eguardian.co.in/entrepreneurship-development-mcq-questions-and-answers/ 4/14
Downloaded by Mjp Notes ([email protected])
 lOMoARcPSD|5195934

7/18/2021 Entrepreneurship Development MCQ Questions and Answers

Ans: 4

Q28. SIET stands for ___

1. Small Industries Extension & Training Enterprise
2. Small Industries Extension & Training Institute
3. Small Industries Extension & Training Institute
4. Small Investment Expansion & Trading Institute
Ans: 2

Q29. RCF stands for ___

1. Revising Capital foundation
2. Remedial Capital foundation
3. Risk Capital foundation
4. Risk Capital formation
Ans: 3

Q30. DGTD stands for ___

1. Directing Guidelines of Technical Development
2. Directorate General of Training & Development
3. Directorate General of Technical Development
4. Directorate Governor of Technical Development
Ans: 3

Q31. IIC stands for ___

1. Investment Institution Centre
2. Indian Investment Company
3. Indian Investment Centre
4. Indian Investment Corporation
Ans: 3

Q32. ICICI stands for ____

1. Industrial Company & Investment Corporation of India Limited
2. Industrial Corporation & Investment Company of India Limited
3. Industrial Credit & Investment Corporation of India Limited
4. Investment Credit & Investment Corporation of India Limited
Ans: 3

Q33 Who toke the lead to extend financial assistance to small scale
https://www.eguardian.co.in/entrepreneurship-development-mcq-questions-and-answers/ 5/14
Downloaded by Mjp Notes ([email protected])
 lOMoARcPSD|5195934

7/18/2021 Entrepreneurship Development MCQ Questions and Answers

Q33. Who toke the lead to extend financial assistance to small-scale
industries
1. SBI
2. IFCI
3. IRBI
4. None of the above
Ans: 1

Q34. which act was passed by parliament on September 28,1951

1. State Funds for Corporation Act
2.State Finance Company Act
3. State Finance Corporation Act
4. Small Finance Corporation Act
Ans: 3

Q35. The LIC was established under the LIC Act in

1. 1954
2. 1950
3. 1956
4. None of the above
Ans: 3

Q36. ____ Capitalization signifies a situation when an enterprise possesses an

excess assets in relation to its requirement.
1. Under
2. Over
3. Actual
4. proper
Ans: 2

Q37. To split up the shares of the enterprise is a remedial measure for ___
Capitalization
1. Over
2. Under
3. Actual
4. None of the above
Ans: 2

Q38. TQI, SQM, TQC are various names for TQM. T/F
https://www.eguardian.co.in/entrepreneurship-development-mcq-questions-and-answers/ 6/14
Downloaded by Mjp Notes ([email protected])
 lOMoARcPSD|5195934

7/18/2021 Entrepreneurship Development MCQ Questions and Answers

Ans: T

Q39 TQM & ISO 9000 both focus on customer satisfaction. T/F
Ans: F

Q40. Is Diversification a costly proposition? T/F

Ans: T

Q 42. “Seed Capital Scheme” has been operated by

1. SBI
2. IDBI
3. NSCI
4. None of the above
Ans : 2

Q43. An ___ in a tract of land which is subdivided and developed according

to a comprehensive plan for the use of a community of industrial
enterprises.
1. Industrial plan
2. Industrial Estate
3. Industrial unit
4. None of the above
Ans: 2

Q44. ___ signifies a situation when an enterprise process excess assets in

relation to its requirement.
1. Over capitalization
2. profit
3. proper capitalization
4. Actual capitalization
Ans: 1

Q45. The small sector was classified into three categories by IRP 1977
1.Cottage & household industries, Tiny Sector, small-scale industries.
2.Cottage & household industries, large, small-scale industries.
3.Cotton & household industries, Tiny Sector, small-scale industries.
4. Household industries, Tiny Sector, small-scale industries.
Ans: 1
https://www.eguardian.co.in/entrepreneurship-development-mcq-questions-and-answers/ 7/14
Downloaded by Mjp Notes ([email protected])
 lOMoARcPSD|5195934

7/18/2021 Entrepreneurship Development MCQ Questions and Answers

Q46. Engineering expenses related to the business & legal charges are
examples of ___
1. Preliminary Expenses
2. Functional Expenses
3. Operational expenses
4. None Ans: 1

Q47. On the basis of organization set-Up, the following are the type of
Industrial estate
1. Government, Public, cooperative, Municipal Industrial estate
2. Government, Private, cooperative, Municipal Industrial estate
3. Government, Public, cooperative, Municipal Industrial estate
4. Government, Private, public, Municipal Industrial estate
Ans: 2

Q48. Capital is arranged from Internal sources refers to the owner ’s own
money known as
1. Profit
2. Capital
3. Equity
4. None of the above
Ans: 3

Q49. _____ is usually done by a financial institution which besides making an

analysis of cost & benefits of a proposed project assesses the project from
the various aspects of an investment proposition before extending finance.
1. Project planning
2. Project appraisal
3. Project costing
4. none of the above
Ans: 2

Q50. According to Peter F. Drucker, there are three kinds of opportunities

1. Additive, Complementary, Breakthrough
2. Additive, Complementary, Supplementary
3. Additive, Complementary, Breakthrough
4. Additional, Complementary, Breakthrough
Ans: 3
https://www.eguardian.co.in/entrepreneurship-development-mcq-questions-and-answers/ 8/14
Downloaded by Mjp Notes ([email protected])
 lOMoARcPSD|5195934

7/18/2021 Entrepreneurship Development MCQ Questions and Answers

Q51. EDP concentrates its attention to give motivation, awareness to all

citizens & create favourable & healthy environment. T/F
Ans: F

Q52. The manager needs to process distinct qualification and also bears all
the risk involved in the enterprise. T/F
Ans: F

Q53. ___ is not the trait of entrepreneurs.

1.Innovation
2. Decision making
3. Skilful management
4. None of the above

Q54. SIDO was established in.

1. 1995
2. 1991
3.1990
4.1978
Ans: 3

Q55. IPR 1956 re-emphasized the spirit of IPR 1980. T/F

Ans. F

Q56. IPR ___ initiated the modern SSI in India.

1. 1956
2. 1952
3. 1990
4.1948
Ans:1

Q57.The main objective of setting up DICs was to promote under a single

roof all the services & support required by small & village entrepreneurs.
This scheme was introduced in May ___
1. 1970
2. 1975
3 1978
https://www.eguardian.co.in/entrepreneurship-development-mcq-questions-and-answers/ 9/14
Downloaded by Mjp Notes ([email protected])
 lOMoARcPSD|5195934

7/18/2021 Entrepreneurship Development MCQ Questions and Answers

3. 1978
4. None of the above
Ans: 3
Q58. MODVAT is to shift the burden of excise taxation away from inputs on
to their final products. T/F
Ans. T

Q59. Diversification is an example of Internal growth strategy & Merger is an

example of an External growth strategy. T/F
Ans: T

Q60. Which is not the content of the Project Report?

1. Transport
2. Products
3. Communication
4. All the above

MCQ Questions for Entrepreneurship Development: Set-1

Thank you for preparing for your exams from our website, if you like the
post on Entrepreneurship Development MCQ Questions and Answers please
share it on social media.

Entrepreneurship Development MCQ BBA , MBA …

Please Share on Social Media

https://www.eguardian.co.in/entrepreneurship-development-mcq-questions-and-answers/ 10/14
Downloaded by Mjp Notes ([email protected])
 lOMoARcPSD|5195934

7/18/2021 Entrepreneurship Development MCQ Questions and Answers

PREVIOUS NEXT

Discrete Mathematics Multiple Choice Entrepreneurship Development

Questions with Answers pdf Solved MCQs with Answers

Leave a Reply
Your email address will not be published. Required fields are marked *

Comment

Name *

Email *

POST COMMENT

कं ूटर GK उ र : Part-2 | Computer GK Objecti…

Objecti…

https://www.eguardian.co.in/entrepreneurship-development-mcq-questions-and-answers/ 11/14
Downloaded by Mjp Notes ([email protected])
 lOMoARcPSD|5195934

7/18/2021 Entrepreneurship Development MCQ Questions and Answers

Recent Posts
Jamia Millia Islamia entrance exam question papers for class 9 : Session –
2017-18
Jamia Millia Islamia entrance exam question papers for class 9 : Session –
2016-17
Environmental Impact Assessment Process | Introduction to EIA Process
What are the Factors to be considered in Internal Audit Planning
Advantages and Limitations of Auditing | Qualities of an auditor
Elements and Characteristics of an effective internal control system
Tenses quiz for class 9 | Multiple choice questions on tenses with answers
Factors that influence exchange rates | Features of Swap
American Depositary Receipt | Global Depository Receipts Features
Components of Balance of Payment | Objectives of Tax Planning

Categories
AMU – Aligarh Muslim University (8)
Assignments & Sample Papers (17)
Banking and Finance MCQs (12)
Business Communication MCQ (16)
Career Growth Tips (4)
Computer and IT MCQs (105)
Di t Ed ti (4)
https://www.eguardian.co.in/entrepreneurship-development-mcq-questions-and-answers/ 12/14
Downloaded by Mjp Notes ([email protected])
 lOMoARcPSD|5195934

7/18/2021 Entrepreneurship Development MCQ Questions and Answers

Distance Education (4)
English Grammar MCQ (2)

Entrance Exam (9)

Essays & Quotations (19)
General Information Book (35)
GK – General Knowledge (30)
History of India and World (26)
HRM MCQs (2)
Indian Festivals (15)
Jamia – JMI CDOL (24)
Marketing Management MCQ (21)
MBA Exam Preparation (45)
Media and Society (9)
Model Question Papers (46)
NIOS MCQ / MODEL PAPERS (12)
Project Reports and Synopsis (7)
QUIZ & MCQs (57)
Social Issues in India (23)
Top Universities in India (5)
िह ी ाकरण – Hindi Grammar (4)

Downloads 47

eBooks 7

MCQs in PDF 58

Previous Year Papers 9

Project Synopsis 11

Interesting GK Questions

https://www.eguardian.co.in/entrepreneurship-development-mcq-questions-and-answers/ 13/14
Downloaded by Mjp Notes ([email protected])
 lOMoARcPSD|5195934

7/18/2021 Entrepreneurship Development MCQ Questions and Answers

Search …

Follow Us on Social Media

Important Links
Project Reports
General Knowledge
Downloads
QUIZ & MCQs
Sample Papers
Entrance Exam

Other Important Links

About Us
Contact Us
Privacy Policy
Terms & Conditions
Sitemap
Advertise

Brief About Us
Eguardian offers Online Courses, Ebooks, MCQs, Assignments, Project
Reports, Presentations, Model Papers, Essay Writing, Editing, Formating &
Top-quality writing services with accuracy, incorporates formatting
standards and as per your desire. Subscribe Us

@ Copyright 2010-2021

https://www.eguardian.co.in/entrepreneurship-development-mcq-questions-and-answers/ 14/14
Downloaded by Mjp Notes ([email protected])