Quiznetik

Entrepreneurship Development (ED) | Set 1

1. ………………………applied the word entrepreneur to business for the first time.

Correct : C. richard cantillon

2. ………………………is the drive to achieve a goal.

Correct : B. need for achievement

3. ………………………..entrepreneurs are extremely task oriented.

Correct : A. technical

4. …………………………..entrepreneurs neither introduce new changes nor adopt new methods innovated by others.

Correct : B. fabian

5. The term intrapreneur was coined by …………………………. .

Correct : D. gifford pinchot

6. According to Schumpeter, Is the most important function of a modern entrepreneur.

Correct : A. innovation,

7. Knowledge + Skill + Traits = ………………………………..

Correct : B. competency.

8. Social attitude is one of the important problems of a ………………………….. Entrepreneur.

Correct : C. women.

9. The capacity to develop new ideas, concepts and processes is known as :

Correct : D. creativity.

10. Which of the following risks is borne by the entrepreneur:

Correct : D. all of these

11. The entrepreneur who does not change the method of production already introduced is:

Correct : A. drone entrepreneur,

12. Person who works within an organization and having entrepreneurial capabilities is:

Correct : B. intrapreneur,

13. Who introduced the term intrapreneur:

Correct : D. gifford pinchot 111.

14. A micro enterprise is one in which the investment in plant and machinery does not exceed Rs. ……………………

Correct : A. 25 lakhs

15. A small enterprise is one in which the investment in plant and machinery is more than Rs…………………. But does not exceed Rs………………….. .

Correct : B. 25 lakhs /5crores

16. A medium enterprise is one in which the investment in plant and machinery is more than Rs ……………………. But does not exceed Rs ………………….. .

Correct : C. 5 crores/ 10 crores

17. A micro enterprise is one in which the investment in plant and machinery does not exceed Rs…………………….. .

Correct : A. 25 lakhs

18. A small enterprise is one in which the investment in plants and machinery is more than Rs ……………. But does not exceed Rs …………………… .

Correct : A. 10 lakhs / 2 crores

19. A medium enterprise is one in which the investment in plant and machinery is more than Rs ……………… but does not exceed Rs……………………. ..

Correct : D. 2 crores/5 crores

20. ……………………. Units provide inputs to other industries.

Correct : C. ancillary

21. …………………………….. Registration helps the entrepreneur to take necessary steps to bring industrial units into existence.

Correct : A. provisional

22. The MSME Development Act came into force in ………………….

Correct : B. 2006

23. Capital investment subsidy was introduced in ………………………………….

Correct : B. 1971

24. ………………………………. Is the financial and promotional assistance provided by the Govt. to the industries for boosting up industrial development in all regions particularly in backward areas.

Correct : B. incentive

25. ………………………………….is the place where the required facilities and factory accommodation are provided by the government to the entrepreneurs to establish their industries there.

Correct : B. industrial estate

26. The initial capital that is required to obtain loans from the financial institutions is called ……………

Correct : A. seed capital

27. Under the single roof of the ………………………all the services and support required by small and village entrepreneurs are provided.

Correct : C. dic

28. KITCO was set up in………………………

Correct : C. 1972

29. ……………………… offers comprehensive consultancy services to MSMEs in Kerala.

Correct : B. kitco

30. A micro manufacturing enterprise is one in which the investment in plant and machinery does not exceed…………………….

Correct : D. none of these.

31. A micro service is one in which the investment in plant and machinery does not exceed………..

Correct : B. rs.10 lakhs.

32. A small service enterprise is one in which the investment in plant and machinery does not exceed…………………….

Correct : C. 2 crores.

33. The investment in plant and machinery in ancillary units should not exceed………

Correct : C. 5 crores.

34. A single lump sum which is given by a govt. to an entrepreneur to cover the cost is known as…….

Correct : A. subsidy.

35. A bonus or financial aid which is given by a govt. to an industry to help it compete with other units in home market or in a foreign market is known as……

Correct : C. bounties.

36. Single window scheme is instituted through…………………………

Correct : D. dic.

37. The advance given to cover the finance requirement during the time lag between the sanctioning and disbursement of term loan by financial institutions is known as…………..

Correct : D. bridge loan.

38. The MSME Development Act came into force in the year……………………………….

Correct : B. 2006.

39. Offering single window clearance facility is the most fascinating feature of ………

Correct : C. dic

40. KINFRA was setup in …………………….

Correct : B. 1993

41. Techno crafts is assistance is provided by………………………..

Correct : A. kfc

42. ……………. Is a National level apex organization of young entrepreneurs

Correct : A. naye

43. …………………… provides consultancy services to small and medium enterprises at reasonable cost

Correct : B. tco

44. KITCO was established in ………………

Correct : C. 1972

45. …………………… is an area where applied research on high tech projects is conducted

Correct : A. step

46. Which of these is not a state level promotional institutions

Correct : C. niesbud

47. The Head Office of KINFRA is located at………………………

Correct : A. thiruvananthapuram

48. ………………refers to any investment opportunity which is to be exploited for profit.

Correct : B. project

49. ………………………………. the process of collection, compilation and analysis of economic data for the purpose of finding out possible opportunities for investment.

Correct : C. project identification

50. The process of evaluating the project ideas with a view to select the best and promising idea after eliminating the unprofitable ideas is called……………………….. Of the project ideas.

Correct : A. screening

51. After screening the ideas, they are translated into project………………………………….

Correct : B. profiles

52. SWOT stands for strength, weakness, opportunity, and ………………………………..

Correct : B. threat

53. Project formulation means ……………………………….. Study.

Correct : C. feasibility

54. ………………………………. Analysis is primarily concerned with the identification, quantification and evaluation of project resources.

Correct : D. input

55. ………………………………analysis is done to ascertain financial viability of a project.

Correct : B. financial

56. ……………………………… technology refers to that technology which is suitable to local, economic, social and cultural conditions.

Correct : D. appropriate

57. The term ……………………………… refers to the plan for a particular type of building, arrangement of machinery and equipment and provision of facilitation in the building.

Correct : B. factory design

58. ……………………….. Analysis is one of the most popular techniques used for planning, scheduling, monitoring and co-ordinating projects comprising a number of activities.

Correct : A. network

59. ……………………….. is the difference between sales and variable cost.

Correct : C. contribution

60. ………………………… is a network technique of scheduling and controlling the project where activity times cannot be precisely estimated.

Correct : A. pert

61. ………………………analysis is a technique commonly used to assess expected product profitability.

Correct : C. bep

62. A series of related activities which result in some product or service is called……

Correct : C. network

63. ……………………….represents the activities and events of a project in a logical sequence.

Correct : A. network diagram

64. The element of job to be completed in a specific time is known as……………………….

Correct : B. activity

65. …………………….represents the start and end of an activity.

Correct : A. event

66. Node represents…………………………

Correct : D. event

67. ……is the unbroken chain of activities from start event to end event in the network diagram.

Correct : D. path

68. Critical path is the longest ………………………….in the network

Correct : D. path

69. Activities lying on the critical path are known as……………………..activities.

Correct : A. critical

70. ……………are activities that must be completed immediately prior to the start of another activity.

Correct : B. preceding

71. Activities that cannot be started until one or more of other activities are completed but immediately follow are called…………………..

Correct : C. succeeding

72. Activities that can be accomplished simultaneously are called……………activities.

Correct : D. concurrent

73. …………………..is the earliest time an activity can begin

Correct : D. est

74. The sum of earliest start time and estimated time to perform the project is called……..

Correct : A. eft

75. The latest possible time an activity can finish without delaying the project is called…….

Correct : C. lft

76. Difference between latest finish time and estimated time to perform the project is called………..

Correct : B. lst

77. ………………………… is the difference between the actual sales and break even sales.

Correct : A. margin of safety

78. ……………………… study is a systematic method adopted to find out the possibility and practicability of starting a project.

Correct : C. feasibility

79. Which of the following is not a phase in the project life cycle:

Correct : D. growth phase.

80. Which of the following is a technique of project identification:

Correct : A. desk research.

81. Decision regarding factory design is part of :

Correct : C. technical analysis.

82. Which of the following is not a network technique :

Correct : C. swot.

83. Shortest possible time to complete an activity is ………………………

Correct : B. optimistic time

84. Maximum possible time to complete an activity is ………………………

Correct : A. pessimistic time

85. Estimated time required in normal conditions complete an activity is ………………

Correct : C. most likely time

86. …………shows the changes in assets, liabilities and net worth between two balance sheet dates.

Correct : B. fund flow

87. ……….shows movement of cash into and out of the firm and its net effect on balance sheet.

Correct : A. cash flow

88. Which of the following is not a technique of financial analysis:

Correct : B. risk analysis.

89. Mathematical relationship between two figures taken from financial statements is called……….

Correct : C. ratio

90. …………………… is an equilibrium point.

Correct : D. breakeven

91. ……………………… is described as bread earning point.

Correct : D. breakeven

92. …………………..ratio establishes relationship between contribution margin and total sales.

Correct : A. p/v

93. Contribution margin ratio is better known as……………..

Correct : A. p/v

94. ………………. Is also known as marginal profit ratio

Correct : A. p/v

95. Raising capital from multiple sources is known as…………………….

Correct : B. layered financing

96. Giving capital to enterprise that has risk and adventure is called………………………

Correct : A. venture capital

97. Arrangement where payments to suppliers are made in agreed installments over a specified period of time at some agreed rate of interest on the outstanding balance.

Correct : C. deferred credit

98. ..……is a contract between the owner and user of the asset to use the asset for a consideration.

Correct : D. lease financing

99. Project appraisal is the process of estimating the costs and benefits of a project to arrive at the ………………………decision.

Correct : A. investment

100. Project appraisal is usually done by a ………………………….. Institution.

Correct : B. financial