Quiznetik

Entrepreneurship Development (ED) | Set 3

1. ……………analysis helps in studying the impact of crucial variables like raw materials, sales volume, sales price, degree of capacity utilization etc over the economic viability of an enterprise.

Correct : B. sensitivity

2. ………………….analysis presents he picture of profit at different levels of production.

Correct : A. break-even

3. …………………analysis helps to compare current performance with the past and also in measuring effectiveness and efficiency of the organization in the light of norms of performances

Correct : D. ratio

4. ………...analysis is a continuous process used to analyse the past and/or projected financial data.

Correct : C. financial

5. Crashing is applicable in………………..

Correct : B. cpm

6. ………………………..entrepreneurs are extremely task oriented.

Correct : A. Technical

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

Correct : D. Gifford Pinchot

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

Correct : A. Innovation,

9. Knowledge + Skill + Traits = ………………………………..

Correct : B. Competency.

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

Correct : C. Women.

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

Correct : D. all of these.

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

Correct : C. need for achievement,

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

Correct : A. 25 lakhs

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

Correct : D. 10 lakhs

15. The process of measuring the progress and performance of a project is called:

Correct : A. Project appraisal.

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

Correct : B. 1971

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

Correct : D. None of these.

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

Correct : B. Rs.10 lakhs.

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

Correct : C. 2 crores.

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

Correct : A. subsidy

21. 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.

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

Correct : B. 2006.

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

Correct : A. KFC

24. 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

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

Correct : B. profiles

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

Correct : B. threat

27. Project formulation means ……………………………….. Study.

Correct : C. feasibility

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

Correct : D. input

29. 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

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

Correct : B. activity

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

Correct : A. event

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

Correct : A. EFT

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

Correct : C. LFT

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

Correct : B. LST

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

Correct : A. P/V

36. 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

37. Payback period and ARR methods are …………………..

Correct : A. traditional

38. Project…………………………… is done after the project is implemented.

Correct : C. Evaluation

39. The main object of project appraisal is :

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

40. Which one is not an element of project appraisal :

Correct : B. Network analysis.

41. The discount rate must be determined in advance for the :

Correct : D. NPV method. 114) Which one of the following is not a discounted cash flow technique:

42. For discounted cash flow methods, the discount rate used is:

Correct : C. Equivalent to firm’s average cost of capital.

43. 2 120) The excess of the present value over the cost of the project is ……………………..

Correct : A. IRR

44. In independent projects, accept a project if it’s NPV is………………………..

Correct : D. positive

45. Under Net Terminal Value Method, reject a project if it’s NTV is………………..

Correct : C. negative

46. Accept a project if it’s IRR is……………….when compared to desired minimum

Correct : A. higher

47. Department of industries and commerce formulated a scheme to set up ………………. To inculcate entrepreneurial culture amongst youth.

Correct : A. ED clubs

48. The scheme of ED Clubs will be implemented by ………………..

Correct : C. DIC.

49. ………………………….. Skill refers to the ability to conceive new ideas and products..

Correct : B. conceptual

50. Technology developed within a country is called …………………………….

Correct : D. Indigenous technology

51. Line layout is also called ………………………….

Correct : D. product layout

52. 6 166) ………………………. Is also called functional layout:

Correct : D. Cellular layout.

53. 7 178) Incubators organised by the government are called………………

Correct : C. university sponsored

54. …….skill helps an entrepreneur to establish an enterprise.

Correct : C. project development

55. which of these is not a criteria for choosing right incubator.

Correct : C. site

56. …………..is made up of a core group of highly specialized firms the same industry.

Correct : D. Business Clusters

57. The slogan “innovate or evaporate” was given by………..

Correct : D. Philip Kotler

58. 9 203)Large scale projects are an example of …………….project

Correct : B. magnitude oriented

59. Crashing is applicable in………………..

Correct : B. CPM

60. Intrapreneurship is also known as

Correct : B. coorporate entreprenurship

61. entreprenure adopt the successfull inovations

Correct : B. Adoptive

62. entreprenure are very cautious and sceptical in adopting any change.

Correct : A. fabian

63. entreprenure are laggards as they continue to operate in their traditional way and resist changes

Correct : C. drone

64. Entrepreneruial skills includes

Correct : D. all of these

65. As per McCLELLAND' s psychyological theory suggest the most important characteristics for an entrepenure is

Correct : C. need for achivement

66. Need hierarchy thoery ig given by

Correct : C. maslow

67. Joseph schumpeter describe entrepenure as

Correct : C. innovators

68. Basic problems of women entrepreneure in india

Correct : D. all of these

69. Which of the following factors should not be included in P

Correct : C. Competitor activity.

70. A new venture's business plan is important because

Correct : D. All the above.

71. Promoter is a person who .

Correct : A. takes part in the incorporation of a company .

72. The process of preparing an inventory of skills needed for

Correct : D. Managerial competence.

73. Memorandum of association of a firm contains

Correct : B. rules regarding the constitution and activities of the company.

74. discretionary responsibilities relates to

Correct : A. philanthropy

75. legal responsibilities relates to

Correct : B. obey the laws of land

76. corporate social responsibility leads to

Correct : D. all of these

77. EDP stands for

Correct : A. Entrepreneurship development programme

78. Entrepreneruial behavious includes

Correct : D. all of these

79. the entreneurial growth in india gain momentum after the launch of economic planning in

Correct : C. 1952

80. Why are small businesses important to a country's econo

Correct : D. All the above.

81. Which of the following factors does the macro-environme

Correct : B. customer needs in a given market.

82. designed to produce numerous ideas in a short period

Correct : C. Brain storming

83. . 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

Correct : A. project report

84. The oldest form of business organization is .

Correct : B. sole proprietorship

85. A business arrangement where one party allows another party to use a business Name and sell its products or services is known as

Correct : B. A franchise

86. The 'T' in a PESTLE analysis refers to .

Correct : B. Technology

87. Which of the following is the reason for business failure

Correct : D. All the above

88. kunkel proposed the theory of

Correct : A. social behaviour

89. adopting any change.

Correct : A. fabian

90. operate in their traditional way and resist changes

Correct : C. drone

91. Which of the following factors should not be included in PESTLE analysis?

Correct : C. Competitor activity.

92. A new venture's business plan is important because .

Correct : D. All the above.

93. Promoter is a person who .

Correct : A. takes part in the incorporation of a

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

Correct : D. Managerial competence.

95. Memorandum of association of a firm contains

Correct : B. rules regarding the constitution and

96. corporate social responsibility leads to

Correct : D. all of these

97. EDP stands for

Correct : A. Entrepreneurship development programme

98. Why are small businesses important to a country's economy?

Correct : D. All the above.

99. Which of the following factors does the macro-environment not include?

Correct : B. customer needs in a given market.

100. produce numerous ideas in a short period

Correct : C. Brain storming