Quiznetik

Entrepreneurship | Set 1

1. An entrepreneur who starts business with the help of natural talent is called

Correct : C. Spontaneous entrepreneur

2. A training program which is instrumental in making a person successful entrepreneur is known as

Correct : B. Entrepreneurial development program

3. D I C stands for

Correct : B. district industries centre

4. The govt. of India has defined woman entrepreneur s on the basis of

Correct : A. their participation in the equity and employment of business enterprise.

5. An entrepreneur who introduces new goods technology and better combination of an enterprise is an --------------------- entrepreneur.

Correct : B. Innovative

6. The ---------------- entrepreneur draws up the advise and services of experts and introduces changes that reflects a complete break up from the existing of things.

Correct : A. Cognitive

7. An entrepreneur who is a dynamic person and is interested in establishing a business enterprise is called --------------------- entrepreneur.

Correct : C. Professional

8. A------------------------- entrepreneur is a “Craftsman” .

Correct : D. Technical

9. --------------------- entrepreneur is an individual who plans, develops and manages a corporate enterprise.

Correct : B. Corporate

10. A person who owns , operate and takes risk of a business venture.

Correct : C. Entrepreneur

11. The primary motivating force behind entrepreneur is.

Correct : B. Money

12. Who can become an entrepreneur?

Correct : D. Anyone.

13. People who work for someone else.

Correct : B. Employee

14. ---------------------- is the most important function of an entrepreneur according to Schumpeter.

Correct : A. Innovation

15. ------------------------ has a vital role in the economic growth of a country.

Correct : D. Entrepreneur.

16. ------------------------Urges a person to move or behave.

Correct : B. Motivation

17. An ------------------ is his own boss.

Correct : B. Entrepreneur

18. who introduces the “Theory of need achievent”.

Correct : A. M.C. Dell and

19. Who introduces the need hierarchy theory?

Correct : C. Maslow

20. Innovation means --------------------.

Correct : B. Creating something new

21. There are ------------------------ basic elements in the process of motivation.

Correct : D. 3.

22. The word entrepreneur is derived from the --------------- word.

Correct : B. French

23. ----------------- is a situation where the individuals do not get any jobs.

Correct : A. Unemployment

24. Which of the following is not a characteristic of a project?

Correct : C. Project identification

25. The 1st stage in a project cycle is.

Correct : C. project identification

26. project appraisal involves analysis of

Correct : A. Market variables ,technical variables, financial variables and economic variables.

27. The non physical recourses required for a project are .

Correct : B. Patents, unique experiences and skill.

28. The collection and use of information from published sources is called ---------------.

Correct : A. Desk research

29. ----------------------- is the process of evaluating the project idea with the limitations and constraints of entrepreneur.

Correct : C. Feasibility analysis

30. ---------------- is the 1st phase in the life cycle of a project.

Correct : C. The pre-investment

31. P E R T stands for.

Correct : A. program evaluation and review technique.

32. C P M stands for

Correct : A. Critical path method

33. --------------------- is the combination of activities and of a project.

Correct : A. Network

34. ------------- is the third stage of project formulation.

Correct : C. Project design and network analysis

35. ------------------- involves a step by step investigation and development of a project idea.

Correct : D. project formulation.

36. ------------------ means the assessment of a project .

Correct : D. project appraisal.

37. project in which a reasonable quantitative assessment of the benefits can be made known as --------.

Correct : C. Quantifiable project

38. -------------------- is an approval of a capital investment to develop facilities to provide goods and services.

Correct : A. Project

39. Which one of the following is the prescribed investment limit for micro manufacturing enterprise as per the micro small and medium enterprise development act 2006?

Correct : B. Does not exceed Rs25lakhs

40. The main objectives of national micro small and medium enterprises is to provide.

Correct : C. Machinery and equipment to small industrial units.

41. The initial capital used to start a business is called.

Correct : B. Seed capital

42. N I E S B U D was established in.

Correct : C. 1983

43. ------------------------ intended to cover the time tag between the sanctioning and disbursement of a term loan or to cover the time tag in receiving the proceeds of a public issue.

Correct : A. Bridge loan

44. -------------------- is the advance gives to cover the finance requirement during the time tag between sanctioning and disbursement of term loan by financial institutions.

Correct : B. Bridge capital

45. -------------- is the work of scientist.

Correct : A. Invention

46. Which of these is not a environmental barrier to entrepreneurship .

Correct : B. Custom of people

47. Which of these is a social barrier to entrepreneurship.

Correct : C. Both

48. An inner urge in an individual to do sometimes is called ----------------.

Correct : B. Initiative

49. Project for industrial development is an --------------------- project.

Correct : A. Quantifiable

50. ------------------ is the work of entrepreneurs.

Correct : B. Innovation

51. Additional capital cost are incurred -------- project to same time.

Correct : D. Crash.

52. Large scale projects are an example of ------------- project.

Correct : B. Magnitude

53. ---------------- is the final report.

Correct : C. Project report

54. Which of the following is not inciuded in utilities.

Correct : A. Raw material

55. -------------------- skill helps an entrepreneur to establish an enterprise.

Correct : C. project development

56. ---------------- skills are necessary for an entrepreneur to deal with many people.

Correct : A. Communication

57. ---------------- refers to manner in which a company’s inputs are transferred into output process.

Correct : C. Technology

58. ---------------- is the huge investment in plant and machinery.

Correct : B. Capital intensive

59. the discount rate must be determined in advance for the

Correct : D. N P V Method.

60. Which one of the following is not a discounted cash flow technique.

Correct : A. A R R

61. The difference between the total preset value of a discount and the initial capital outlay is known as the.

Correct : C. N P V

62. --------------------- report is a document where all the detailes obtained from technical analysis , financial analysis , profitability analysis etc. are put together.

Correct : B. Project

63. --------------- Analysis is concerned with identification of project demand potential and selection of optimal technology.

Correct : A. Techno economic

64. -------- analysis concerned with the development of detailed work plan of the project and its time profile.

Correct : B. Network

65. -------------------- analysis involves estimation of project costs and revenues and funds required for the project.

Correct : C. Financial

66. ---------------- analysis aims at analyzing the real contribution of an investment project towards welfare of country as a whole.

Correct : D. Social cost benefit

67. ------------------ helps to take investment decision.

Correct : D. pre-investment appraisal.

68. ------------------- analysis is carried out to ascertain technical soundness of the project.

Correct : B. Technical

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

Correct : A. Investment

70. project appraised is usually done by a ------------------- institution.

Correct : B. Financial

71. Pay back period and APR methods are ------------------.

Correct : A. Traditional

72. N P V ,P I and ---------------- are the three discounted cash flow techniques.

Correct : B. I R R

73. The discount rate at which present value of cash inflows equals to the present value of cash outflows is called.

Correct : B. I R R

74. ------------------- is the done after the project is implemented .

Correct : C. Evaluation

75. The main object of project appraised is .

Correct : C. To decide whether to accept or reject a project.

76. Project appraisal is done by.

Correct : D. Both financial institution and entrepreneur.

77. Which one is not an element of project appraisal.

Correct : B. Network analysis

78. Which of the following is a technique of project identification.

Correct : A. Desk research

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

Correct : D. Growth phase.

80. Which of the following is not a network technique.

Correct : C. S W O T

81. Shortest possible time to complete an activity is -----------------------.

Correct : B. Optimistic time

82. Maximum possible time to complete an activity is ---------.

Correct : A. Pessimistic time

83. Estimated time required in normal conditions complete an activity is -----------------.

Correct : C. Most likely time

84. ---------------------- is an equilibrium point.

Correct : D. Break even.

85. -------------------- analysis is a technique commonly used to assess expected product profitability.

Correct : D. S W O T .

86. ------------- represents the activities and events of a project in a logical sequence.

Correct : C. Arrow diagram

87. ------------------------ represents the start and end of an activity.

Correct : A. Event

88. Critical path in the longest ----- in the network.

Correct : D. Path.

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

Correct : A. Subsidy

90. ------------------- entrepreneurs neither introduce new changes nor adopt new methods innovated by others.

Correct : B. Fabian

91. According to Schumpeter, is the most important function of a modern entrepreneur.

Correct : A. Innovation

92. Which of the following is a psychological factor affecting entrepreneurial growth.

Correct : C. Need for achievement

93. The capacity to develop new ideas, concepts and process is known as

Correct : C. Skill

94. A person who works within an organization and having entrepreneurial capabilities.

Correct : B. Intrapreneure

95. A small scale industries is one in which the investment in plant and machinery is extended to ----------- --------.

Correct : B. 3crores

96. ------------------- is the process of collection, compilation and analysis of economic data for the purpose of finding out opportunities for investment.

Correct : C. Project identification

97. The process of evaluating the project ideas with a view to select the best and premising idea after eliminating the unprofitable idea is called----------------- of the project ideas.

Correct : A. Screening

98. ------------------ analysis is done to ascertain financial viability of a project.

Correct : B. Financial

99. ---------- is an economic leader.

Correct : B. Entrepreneur

100. ---------------- is a catalytic agent of change.

Correct : B. Entrepreneur