Ed MCQ

DNYANSAGAR ARTS AND COMMERCE COLLEGE, BALEWADI, PUNE45
Subject – Entrepreneurship Development (502) Class : TYBBA (2013 Pattern)
UNIT 1. ENTREPRENEUR AND ENTREPRENEURSHIP
1. Entrepreneurial behaviours includes:

a. Solving problems
b. Taking initiatives
c. Taking responsibility
d. All of above
2. Entrepreneurs attributes includes:

a. Preservence
b. Hard working
c. Determination
d. All of above
3. Entrepreneurs skills includes:

a. Creative problem solving
b. Persuading
c. Negotiation
d. All of above
4. The term “entrepreneurs” was applied to business initially by the French economist in
the 18th century:
a. Cantillon
b. Jan Tinbergen
c. J.S.Mill
d. None of above
5. Which business function do experts agree, you should focus on first when preparing to
start a business.
a. Financing
b. Marketing vision
c. Operation
d. None of above
PROF . SWATI BHALERAO www.dacc.edu.in

6. Which of the following is not something that can be invested:

a. Energy
b. Experties
c. Money
d. Time
7. From the following which one is factor affecting entrepreneurial growth:

a. Social
b. Economic
c. Psychological
d. All of above
8. What is the need of entrepreneurship:

a. For new innovation
b. To fill gap in growth
c. For healthy competition
d. All of above
9. Which one of the following is the process of entrepreneur developing new products
that over time make current products obsolete?
a. New business model
b. Anatomization
c. Creative Destruction
d. None of above
10. The level at which an individual is viewed by society is called:

a. Financial status
b. Qualification
c. Social Status
d. Achievement
11. Which of the following shows the process of creating something new?
a. Business model
b. Modeling
c. Creative flexibility
d. Innovation

12. Which one of the following gives suggestions for new product and also help to market
new products?
a. Existing products and services
b. Federal government
c. Distribution Channels
d. Consumers
13. Which of the following is used by entrepreneurs to acquire experience in an

international market before making a major commitment?
a. Merger
b. Minority Interest
c. Joint venture
d. Majority interest
14. GATT is established in 1947, under:

a. German leadership
b. U.S. leadership
c. French leadership
d. U.K. leadership
15. The entrepreneur was distinguished from capital provider in:

a. Middle ages
b. 17th century
c. 18th century
d. 19th and 20th century
16. What is the process by which individuals pursue opportunities without regard to
resources they currently control?
a. Startup management
b. Entrepreneurship
c. Financial analysis
d. Feasibility planning

17. Having less than 50 percent of equity share in an international venture is called:
a. Joint Venture
b. Majority interest
c. Minority interest
d. Exporting
18. Having more than 50% ownership position that provides the entrepreneur with
managerial control is called:
a. Joint venture
b. Majority interest
c. Horizontal merger
d. Diversified activity merger
19. Which one of the following is the process of entrepreneurs developing new products
that over time make current products obsolete?
a. New business model
b. Anatomization
c. None of the given options
d. Creative destruction
20. From the following which one is not classification of entrepreneurs according to the
types of business:
a. Wholesale trade
b. Retail trade
c. Exporter
d. Rural entrepreneur
21. From the following which one is the classification of entrepreneurs according to gender
and age.
a. Men entrepreneurs
b. Women entrepreneurs
c. Young entrepreneurs
d. All of above

22. Basic problems of women entrepreneurs in India:

a. Lack of education skill
b. Male dominating society
c. Absence of listen bearing capacity
d. All of the above
23. From the following, types of entrepreneur are:

a. Innovating entrepreneur
b. Initiative entrepreneur
c. Drone entrepreneur
d. All of above
24. Which one is not the barriers of Enterpreneurship:

a. Lack of technical skills
b. Political instability
c. Technical knowledge
d. Time pressure and distractions
25. The key factor influencing the mobility of entrepreneurs are:

a. Resources
b. Experience and Education
c. Language and culture
d. All of above
26. It’s an institution to set up a network of technical consultancy organizations in the

country.
a. TCO
b. ITC
c. EGB
d. None of above
27. An Entrepreneurs refers to :

a. Initiator
b. Motivator
c. Visualizer
d. All of above

28. Which of the following factor influence entrepreneurship:

a. Technical Knowledge
b. Entrepreneurial training
c. Local manpower
d. All of above
29. From the following which ones is the quality of Entrepreneur:

a. Initiator
b. Information Seeker
c. Motivator
d. All of above
30. Which of the following factors is the most important in forcing

U.S companies to focus on new product development and increased productivity?
a. Entrepreneurship
b. Hyper competition
c. Governmental laws
d. Organizational culture
31. Which of the following is alternatively called corporate venturing?

a. Entrepreneurship
b. Intrapreneurship
c. Act of stating a new venture
d. Offering new products by an existing company
32. Individuals influencing an entrepreneur’s career choice and style are known as which
of the following?
a. Moral-support network
b. Role model
c. Professional support network
d. Support system

33. The activity which occurs when the new venture is started is called:
a. Motivation
b. Business skills
c. Departure point
d. Goal orientation

a. Financial status
b. Qualification
c. Social status
d. Achievement
35. Which one of the following is an important source of idea generation due to their
familiarity with the needs of market?
a. Existing products and services
b. Distribution channels
c. Federal government
d. Consumers
36. Members of distribution channels are excellent sources for new ideas because:
a. They earn a handsome profit from new business
b. They are familiar with the needs of the market
c. They do not bother if entrepreneur bears a loss
d. They have well-developed sales force
37. Which one of the following is the most important characteristic of a successful
business website?
a. Innovation
b. Speed
c. Graphics
d. Products
38. Which one of the following is the next stage to the Concept Stage of Product
Planning and Development Process?
a. Idea Stage
b. Product Planning Stage
c. Product Development Stage
d. Test Marketing Stage

39. SBA stands for:

a. Small business accountants
b. Small business administration
c. Small business adequacy
d. Small business advisors
40. Why should an entrepreneur do a feasibility study for starting a new venture
a. To identify possible sources of funds
b. To see if there are possible barriers to success
c. To estimate the expected sales
d. To explore potential customers
41. Information regarding all of the following is related to operations, EXCEPT:

a. Location
b. Promotion
c. Raw materials
d. Labor skills
42. A performance and credit rating scheme has been launched by the MSME Ministry to
assess creditworthiness and capabilities of industries in the sector. What is it called?
a. Performance and Credit Rating Scheme
b. Zero Defect Zero Effect Certification
c. Performance and Economy Rating Scheme
d. None of the above
43. A Micro Enterprise is an enterprise where investment in plant and machinery does not
exceed (According to MSMED Act, 2006):
a. Rs. 15 Lakh
b. Rs. 20 Lakh
c. Rs. 25 Lakh
d. Rs. 30 Lakh
44. EDP (Entrepreneurship Development Programmes) is required to help:

a. Existing entrepreneurs
b. First generation entrepreneurs
c. Future generations entrepreneurs

45. A corporate managers who starts a new initiative for their company which entails
setting up a new distinct business unit and board of directors can be regarded as?
a. Ecopreneur
b. Technopreneur
c. Intrapreneur
d. Social Entrepreneur
46. .A women entrepreneur is supposed to have a minimum financial

interest in share capital of entrepreneur’s enterprise:
a. 35 per cent
b. 51 per cent
c. 25 per cent
47. Family businesses always interested to handover the change of his business to:
a. Indian Administration Officers
b. Professional Managers
c. Next generation
48. A corporate managers who starts a new initiative for their company which entails
setting up a new distinct business unit and board of directors can be regarded as?
a. Ecopreneur
b. Technopreneur
c. Intrapreneur
d. Social Entrepreneur
49. Venture capital is concerned with:

a. New project having potential for higher profit
b. New project of high technology
c. New project having high risk
d. All the above.

50. In real life, entrepreneurs are those that…

a. Robbers that exploit their workers
b. Generate business success
c. Generate business success through hard and long hours of work
d. Robbers that exploit their workers and generate business success
51. The definition of entrepreneurship holds the promise of….

a. Financial difficulties and hardship
b. Limited expansion
c. Growth, unlimited expansion and long-term financial gain
d. Growth, expansion and long term financial gain
52. The term Entrepreneur is derived from the word
a. English
b. Tamil
c. Hindi
d. French
53. _____Identified innovation as a characteristic of entrepreneur for the first time in

1934.
a. William Diamond
b. B.A.H.Cole
c. W.B.Gartner
d. D.J.A.Schuumpeter
54. Individuals influencing an entrepreneur’s career choice and style are

known as which of the following?
a. Role model
b. Moral-support network
c. Professional support network
d. Support system
a. Financial status
b. Qualification
c. Social status
d. Achievement

Unit 2. Business opportunity Identification and Preliminary Project

Report(PPR):
56. To manage these projects successfully the country will need thousands of
_____________.
a. Research and development personnels.
b. Financial investors.
c. Efficient project Managers.
d. Skilled workers.
57. Which are not the main Components of project management?

a. Adequate control is exercised.
b. Concept and pre-feasibility study
c. A clear defined project objective
d. Evaluation and financing arrangements.
58. Project overrun is a frightening _________________facing India.

a. Financial problem
b. Resource problem
c. Economic problem
d. Research problem
59. _____________ can be defined as a specifically evolved work plan densed to achieve
a specific objective within a specific period of time
a. Idea generation.
b. Opportunity Scanning.
c. Project.
d. Strategy.
60. Large investment is made in fixed assets, the project will be termed as __________.
a. Capital Intensive.
b. Labour Intensive.
c. Product Intensive.
d. Market Intensive.

61. PERT stands for __________.

a. Programme Evaluation and Research Techniques.
b. Project Evaluation and Review Techniques.
c. Programme Evaluation and Review Techniques.
d. Project Evaluation and Research Techniques.
62. _____________ is used to accomplish the project economically in the minimum

available time with limited resources
a. Project Scheduling.
b. Network Analysis.
c. Budget Analysis.
d. Critical Planning.
63. ______________ is a form of financing especially for funding high technology, high
risk and perceived high reward projects
a. Fixed capital.
b. Current capital.
c. Seed capital.
d. Venture capital.
64. In _________, machines and equipments are arranged in the order or sequence in
which they are to be used for manufacturing the product
a. Factory Layout.
b. Product Layout.
c. Process Layout.
d. Combined Layout.
65. The term ___________ denotes bonus or financial aid which is given by a
government to an industry to help it compete with other units
a. Incentive.
b. Subsidy.
c. Bounty.
d. Concession.
66. ____________ is primarily concerned with the identification of the project demand
potential and the selection of the optimal technology.
a. Techno-economic analysis.
b. Feasibility analysis.
c. Input analysis.
d. Financial analysis.

67. _____________ is a graphical representation of the various activity and event relating
to a project.
a. Network analysis.
b. Scheduling technique.
c. Logical Model.
d. Network Diagram
68. _______________ is the analysis of costs and benefits of a proposed project with the
goal of assuming a rational allocation of limited funds.
a. Project formulation.
b. Project evaluation.
c. Project appraisal .
d. Project Design.
69. . __________________ is the systematic development of a project idea for the

eventual purpose of arriving at an investment decision.
a. Project identification.
b. Project formulation.
c. Project feasibility.
d. Project evaluation.
70. The process of preparing an inventory of skills needed for effective implementation
of the project is called as ____________.
a. Economic viability.
b. Financial feasibility.
c. Technical feasibility.
d. Managerial competence.
71. . _____________ is primarily concerned with the identification, qualification and

evaluation of the project resources.
a. Techno-economic analysis.
b. Feasibility analysis.
c. Input analysis.
d. Financial analysis.

72. Project mission and objectives, procedures and systems used, and organization
resources used typically appear in the _____ section of the final project report.
a. Analysis
b. Recommendation
c. lessons learned
d. financial feasibility
73. what are the components of then project report ________.

a. requirement of funds
b. location
c. manpower
d. all the above
74. Every entrepreneur should draw an _______ for his project to ensure the timely
completion of all activities involved in setting up an enterprise.
a. cost structure
b. implementation plan
c. market structure
d. production structure
75. ______________ 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.
a. project report
b. technical anlaysis
c. market analysis
d. financial analysis
76. The scope of a project report includes

a. Economic aspects
b. Technical aspects
c. Financial aspects
d. All of the above
77. The contents of a report includes

a. Objectives and scope
b. Marketing plan
c. Exit strategy
d. All of the above

78. Which of the following is a negative strategy of a project report?

a. Social plan
b. Conclusion
c. Exit strategy
d. Financial plan
79. Project is prepared by

a. Entrepreneurs
b. Managers
c. Employees
d. Managing directors
80. DPR is a
a. Action Plan
b. Working Plan
c. Financial Plan
d. Implementation Plan
81. Aspects of Project Evaluation is

a. Managerial Evaluation
b. Information to Managers
c. Report to top management
d. Technical evaluation
82. Money spent on evaluation of a project is

a. Investment
b. Expenditure
c. Cost benefit analysis
d. Wastage
83. Which of the following is not a Project Cost Estimation Stage?

a. Estimation Stage.
b. Feasibility stage
c. Procurement stage
d. Promotion stage

84. Which of the following is not a component of feasibility report?

a. Profit margin
b. works cost
c. overheads
d. Pre-commission expenses.
85. Which of these is an issue while designing an appraisal programme?

a. What methods of appraisal are to be used
b. quality
c. Quantity
d. Cost analysis

UNIT3. BUSINESS PLAN:
86. A new venture's business plan is important because ______.

a. It helps to persuade others to commit funding to the venture.
b. Can help demonstrate the viability of the venture.
c. Provides a guide for business activities by defining objectives.
d. All the above.
87. key aspect of the financial section of the business plan is _________.
a. A statement of management skills.
b. A realistic sales forecast.
c. Production capacity.
d. A description of competitors.
88. The Markets and Competitors section of a business plan should contain
____________.
a. A statement of the target market.
b. The size of each market segment.
c. The key characteristics of buyers in each business segment.
d. All the above.
89. . _________________ implies the availability or otherwise of plant and machinery

and technical know how to produce the product.
a. Economic viability.
b. Financial feasibility.
c. Technical feasibility.
d. Managerial competence
90. In _________, machines and equipment are arranged in the order or sequence in
which they are to be used for manufacturing the product
a. Factory Layout.
b. Product Layout.
c. Process Layout.
d. Combined Layout.

91. _____________ can be defined as a specifically evolved work plan densed to achieve
a specific objective within a specific period of time
a. Idea generation.
b. Opportunity Scanning.
c. Project.
d. Strategy.
92. Goods or services reach the market place through ________.

a. marketing channels.
b. multilevel pyramids.
c. monopolies.
d. multiplication.
93. To provide financial assistance to entrepreneurs the government has set up a

number of___________.
a. financial advisors.
b. financial intermediaries.
c. Industrial estates.
d. financial institutions
94. Which of the following is a recognized disadvantage of setting up as a start-up as

compared with other routes to market entry?
a. less satisfaction of the owners.
b. less help from various agencies.
c. there are more funds required.
d. there is a high failure rate.
95. The best definition of a sole trader form of business organisation is:
a. The business is owned by one person
b. The business employs only one person
c. The firm has a single customer
d. There is a single firm in the industry

96. One of the claimed advantages of a sole trader business is that:

a. Owner is independent in taking decisions
b. Trader cannot sell shares in open market
c. Trader capital is limited
d. Has a right to transfer his liability.
97. Which of the following types of business organisation is owned by its customers?
a. A Consumer’s cooperative Society
b. A partnership
c. A public limited company
d. A franchise
98. Limited Liability means?

a. Share holders cannot be asked to share company’s debts
b. Shareholder has to bear company losses
c. A firm is likely to go into bankrupt
d. Employees have no right on their salaries.
99. CGT is an abbreviation for?

a. capital gains tax
b. cash generated tax
c. capital group tax
d. capital generated tax
100. Before opening his own business, Tanay was writing a report that details the
specifics of his ideas and future business operations. This document is known as
a. a SWOT analysis.
b. a business portfolio.
c. a business plan.
d. a competitive analysis.

UNIT4. INSTITUTIONAL SUPPORT TO NEW VENTURE
101. Small scale industries (SSIs) also known as MSMEs are defined & categorized by
the Micro, Small & Medium Enterprises Development Act
a. 2006
b. 2007
c. 2008
d. 2009
102. Who is the present Minister of Micro, Small and Medium Enterprises ?
a. Karan Singh
b. Girirajsingh
c. Virbhadra Singh
d. Abhishek Singh
103. Name the institution which was set up in 1982 to promote integrated rural
development
a. NSIC
b. NABARD
c. SIDBI
d. NCEUS
104. Name the institution which is set up as an apex bank to provide direct or indirect
financial assistance under different scheme.
a. SIDBI
b. NSIC
c. RSBDC
105. Investment in equipments service sector in Micro scale industry should be

a. Up to 10 Lacs
b. 10Lacs – 2 Crores
c. 2 Crores – 5 Crores

106. Investment in equipments service sector in small scale industry should be

a. Up to 10 Lacs
107. Investment in equipments service sector in Medium scale industry should be

a. Up to 10 Lacs
108. Investment in plant and machinery/ equipment (excluding land and

building).w.r.t. Manufacturing sector in Micro industry should be
a. Up to 25 Lacs

building).w.r.t. Manufacturing sector in Small industry should be
a. Up to 25 Lacs

building).w.r.t. Manufacturing sector in Medium industry should be
a. Up to 25 Lacs

111. A__________ is a specialized firm that finances young, start up companies

a. Venture capital firm
b. Finance company
c. Small business finance co.
d. Capital creation co.
112. Venture capital firms are usually organized as
a. Corporation
b. Non-profit organisation
c. Closed- end mutual funds
d. Limited partnership
113. Which of the following is a characteristics of Venture capital firms

a. Developing portfolio of companies
b. Allowing firm to use the funds as they see fit
c. Having a short term investment horizon
d. Holding Debts in the firm that are funded
114. The source of venture capital funding has

a. shifted from wealthy individuals to pension funds and corporations.
b. shifted from pension funds and corporations to wealthy individuals.
c. decreased since 1990.
d. none of the above.
115. Which of the following is not a characteristic feature of venture capital firms?
a. Funding just one or a small number of firms.
b. Holding equity in the firms that are funded.
c. Having a long-term investment horizon.
d. Providing advice and assistance to the firms that are funded.
116. The largest industry group receiving venture capital funding is

a. computer software.
b. medical/health.
c. computer hardware.
d. none of the above.

117. Name the institution which is set up as an apex bank to provide direct/indirect
financial assistance under different schemes and also coordinates the functions of
other institutions in similar activities
a. SIDBI
b. NSIC
c. RSBDC
d. None
118. If the investment in fixed assets or plant and machinery does not exceed one crore
rupees, then that particular firm come s under the category of
a. Tiny industry
b. Small scale industry
c. Village industry
d. Cottage: industry
119. Name the institution which was set up in 1982 to promote integrated rural
development.
a. NSIC
b. NABARD
c. SIDBI
d. NCEUS
120. Finance companies

a. are money market intermediaries.
b. borrow in large amounts, but lend in small amounts.
c. are virtually unregulated.
d. all of the above.
121. State Industrial corporations engage in the development of__________.

a. industrial estates.
b. institutional estates.
c. individual investors.
d. agricultural entrepreneurs.
122. ________ is the first development bank of the country.

a. ICICI.
b. IDBI.
c. SFC.
d. IFCI.

123. IFCI stands for_____________.

a. Industrial finance corporation of India.
b. Institutional finance corporation of India.
c. Industrial funding corporation of India.
d. Indian finance corporation and institution.
124. IFCI has been converted into a________.

a. joint stock company.
b. co-operative society.
c. partnership firm.
d. sole proprietorship.
125. 28. SIDBI was set up as a subsidiary of_________.
a. IDBI.
b. IFCI.
c. ICICI.
d. SFC.
126. Which of the following is a function of SIDBI?

a. Extension of seed capital.
b. Discounting of bills.
c. Providing factoring services.
d. All of the above.
127. SFC is prohibited from granting financial assistance to any company whose
aggregate paid up capital exceed__________.
a. 1 crore.
b. 1.5 crores.
c. 2 crores.
d. 2.5 crores.
128. SIPCOT's financial assistance is in the form of __________.

a. term loan.
b. seed capital scheme.
c. underwriting the capital issues.
d. All of the above.

129. The business development department of SIPCOT guides entrepreneurs in

______.
a. applying for licences.
b. approval on collaboration.
c. allocation of scarce raw materials.
d. All the above.
130. TIIC is sponsored by the__________.

a. Government of Karnataka.
b. Government of Andhra Pradesh.
c. Government of Kerala.
d. Government of Tamil Nadu.
131. In backward areas, term loans for expansion or setting up a new unit are available
at __________ .
a. concessional terms.
b. differential terms.
c. standard terms.
d. specific terms.
132. A commercial banker would prefer a ____________ debt-equity ratio over the
years as it indicates financial strength of a unit.
a. Declining.
b. Increasing.
c. Stable.
d. Fluctuating.
133. EDPs course contents contains ___________.

a. General introduction to entrepreneurs.
b. Motivation training.
c. Managerial skills.
d. All the above.
134. Entrepreneurial Guidance Bureau(EGB) was set up by____________.

a. SISI.
b. SIPCOT.
c. IIC.
d. SIDCO.

135. Banks can avail refinance against loans made to industrial units from
a. IDBI
b. NABARD
c. DICGC
d. ECGC
136. NABARD ( National Agricultural Bank for Rural Development ) was established
in the year:
a. July12th,1982
b. June 20th 1976
c. May 28th 1956
d. October 12th ,1986.
137. Which is the apex institution to provide credit facility to agriculture and rural
development?
a. NABARD
b. State Bank of India
c. Reserve Bank of India
d. D.National cooperative bank of India.
138. What is the NABARD pilot project for digitization of SHGs called?
a. e-Shakti
b. e-Samriddhi
c. e-Shanti
d. e-Samraksha
139. Refinance schemes of NABARD

a. Short term and medium term loans
b. Long term and capital loans
c. Short and Long term loans
d. credit facilities
140. .SIDBI caters to the requirement of

a. Small scale sector
b. Large scale sector
c. Medium scale sector
d. Agricultural sector

141. Small Industries Development Bank of India (SIDBI) was established in :

a. 1989
b. 1988
c. 1987
d. 1986
142. SIDBI Main function is:

a. to provide assistance to small scale industries
b. to provide assistance to large industries
c. to provide assistance to medium industries
d. to provide assistance to capital good industries
143. SlDBI was set up in as a wholly owned subsidiary of

a. lDBI
b. IFCI
c. RRBI
d. ExlM
144. Which one among the following has not started commercial banking?
a. SIDBI
b. IDBI
c. ICICI
d. UTI
145. National Small Scale Indusries Enterprise comes under the ministry of
a. MSME
b. SME
c. SIDBI
d. NSIC
146. Name the scheme for promoting the products of the MSEs…..
a. Consortia and Tender Marketing Scheme.
b. Product Procurement scheme
c. Single Point Registration Scheme
d. Entrepreneurship development scheme.

147. Single Point Registration Scheme main objective is:

a. To avoid multiple registrations
b. To procure goods at cheaper rates
c. To increase the share of Government purchase
d. To strengthen MSME
148. Which of the following has been the Nodal Agency for Performance and Credit
Rating Scheme for small industries?
a. NSIC
b. SME
c. SBI
d. MSME
149. KVIC has launched an e-commerce portal. What other agreement has it entered
into?
a. Agreement with Raymond to promote Khadi as a fashion garment in India
and abroad
b. Agreement with Siyaram to promote Khadi as a fashion garment in India and
abroad
c. Agreement with Mafatlal to promote Khadi as a fashion garment in India and
abroad
150. Who was appointed as the Chief Executive Officer of Khadi and Village
a. Arun Kumar Jha
b. Prasada rao
c. Arup Roy Choudary
d. Satya Nadendlla
151. The Khadi and Village Industries Commission (KVIC) :

1. was established by an act of parliament
2. comes under ministry of rural development
3. Was established with basic objective to provide employment in rural areas
4. which among the above is / are correct?

a. Only 1 & 3
b. [B] Only 2 & 3
c. [C] Only 3
d. [D] 1, 2 & 3
152. KVIC Head office is at

a. Mumbai
b. Chennai
c. Hyderabad
d. Noida
153. Indian Institute of Entrepreneurship (IIE) is at

a. Guwahati
b. Noida
c. Hyderabad
d. Chennai
154. IFCI was established on

a. 1948
b. 1956
c. 1967
d. 1959
155. NISIET, is a premier institution for the promotion, development and

modernization of
a. SME sector
b. MSME
c. Mme
d. SMCE
156. Industrial Reconstruction Bank of India (IRBI) main objective is

a. To revitalize sick industries
b. To promote small and medium enterprises
c. To provide financial assistance
d. To promote rural credit

157. EXIM Bank was set up in

a. January 1st 1982
b. June 7th 1990
c. December 18th 1995
d. February 9th 1997
158. State Financial Corporation has been established by

a. State govt.
b. Central govt.
c. Any pvt org
d. None of these
159. SFCs provide finances to
a. Small and medium scale industries
b. Large scale industries
c. Cottage industries
d. Village Industries.
160. SIDBI caters to the requirement of

a. Small scale sector
b. Large Scale sector
c. Medium scale sector
d. Agriculture sector
161. SFC is prohibited from granting financial assistance to any company whose
aggregate paid up capital exceed____
a. 1 crore.
b. 1.5 crores.
c. 2 crores.
d. 2.5 crores.
162. Industrial Policy of 1948 was the first industrial policy statement by the
Government which gave importance to (i). Small scale industry (ii). Private sector
a. (i) only
b. (ii) only
c. both (i) and (ii)
d. None

163. Which of the following was not an objective of the 1956 industrial policy?
a. Development of small scale sector
b. Expansion of public sector
c. Develop heavy and machine making industries
164. Which of the following industries are to be given compulsory licensing?

a. Alcohol
b. Tobacco
c. Drugs and pharmaceuticals
d. All the above
165. MUDRA means:

a. Micro Units Development and Refinance Agency Ltd
b. Macro units development and refinery Agency
c. Mudra loan online apply
d. a symbolic hand gesture used in Hindu ceremonies .
166. What is the MSME Public Procurement Portal called?

a. What is the MSME Public Procurement Portal called MSME Samjhauta
b. MSME Sandesh
c. MSME Sampark
167. A performance and credit rating scheme has been launched by the MSME
Ministry to asses credit worthiness and capabilities of industries in the sector. What is
it called?
a. Performance and Credit Rating Scheme
b. Zero Defect Zero Effect Certification
c. Performance and Economy Rating Scheme
168. Scheme for promoting Innovation, Rural Industry & Entrepreneurship objective is
a. To promote entrepreneurship culture in India
b. To promote rural development in India
c. To promote innovative nature among youth
d. To promote small scale sector in India.

169. The stand up scheme provides assistance to woman entrepreneurs of

a. S.C and S.T.
b. B.C
c. O.C
d. Others
170. The main objective of Mudra Yojana Scheme

a. Provide assistance to start small business enterprises
b. Provide assistance to medium enterprises
c. Provide assistance to long term enterprises
d. d Provides assistance to village industries.
171. SHG Means

a. Self Help Groups
b. Small Housing Groups
c. Short term housing grant
d. Shortage of Housing grant
172. Support to Training and Employment Programme (STEP) scheme is a

a. Central Sector Scheme
b. State Sector Scheme
c. Both central and State Sector Scheme
d. International scheme
173. Annapurna scheme is offered by

a. State Bank of Mysore
b. State Bank of India
c. State Bank of Travancore
d. State Bank of Hyderabad
174. A group of companies or individuals that invests money in new or expanding

businesses for ownership and potential profits is known as
a. an equity financing firm.
b. franchising.
c. a venture capital firm.
d. a corporation.

175. An advantage of which of these tactics is that there is a shorter start-up time and
an existing track record?
a. Participate in a business incubator
b. Start a new business
c. Buy a franchise
d. Buy an existing business
176. Which of these refer to an arrangement by which the owner of a product or

service allows others to purchase the right to distribute the product or service with
help from the owner?
a. Franchising
b. Business incubation
c. Spinning-off
d. Globalization
177. Which of these offers the advantage that the entrepreneur has the ability to
develop and design the business in the entrepreneur's own way?
a. Participate in a business incubator
b. Start a new business
c. Buy a franchise
d. Buy an existing business
178. For Internet start-ups, one typical source of first funds is through
a. stock financing.
b. government funds.
c. angel financing.
d. community development financing.
179. The final step in the start-up process is often the

a. development of partnerships.
b. launching the company.
c. obtaining venture capital.
d. securing government funding.
e. IPO.

180. Felix is an entrepreneur. At this stage of his company , his main concerns are do
we have enough customers and money. What stage of growth is Felix’s company in?
a. Start-up
b. Survival
c. Takeoff
d. Resource maturity
e. Success
181. Entrepreneurs take the risk of starting a business for all of the following reasons
except:
a. they want independence.
b. they like the challenge and the risk.
c. they want to make money for themselves.
d. they want to work less.
182. As a ________ Ronnie searches for firms in need of additional funding to achieve
their goals. In return for his investment, Ronnie becomes a part owner in the business.
Ronnie operates as
a. investment analyst.
b. venture capitalist.
c. corporate raider.
d. securities trader.
183. The resistance of employees in an organization against flexibility, growth, and

diversification can be overcome by developing:
a. Entrepreneurship
b. Intrapreneurship
c. Managerial domain
d. Administrative domain
184. Which one of the following is a barrier to new product creation and development?
a. Trial and error
b. Opportunity parameter
c. Opportunity cost
d. Intrapreneurship culture

185. Factors contribute to the creation of new venture EXCEPT:

a. Government
b. Finance
c. High interest rates
d. Role models
186. Which of the following enterprises was found by Akio Morita?

a. Samsung
b. Apple
c. Panasonic
d. Sony
187. ________________ can be defined as psychological features that enable an

individual to take action toward a desired goal?
a. Motive
b. Trait
c. Attitude
d. Ego
188. ___________ implies that women entrepreneurs are now economically

independent and take decisions independently.
a. Better utilization of resources
b. Improved quality life
c. Economic development
d. Employment generation
189. If someone starts a new business that is a service station, this is an example of:
a. new concept/new business.
b. new concept/existing business
c. existing concept/new business.
d. existing concept/existing business.
190. If an entrepreneur has an internal locus of control, this means that he/she:
a. has a high need for achievement
b. believes that success or failure depends on his/her own actions.
c. feels comfortable in an unstructured situation
d. believes fate is a powerful force

191. The process of gathering information about trends is called:

a. need for achievement.
b. tenacity.
c. Trend
d. Neuroticism
192. The opposite of "opportunity thinking" is:

a. obstacle thinking
b. thought self-leadership.
c. self-efficacy.
d. adaptive response behavior.
193. The startups which rarely go public are called:

a. Life style
b. Foundation company
c. Small company
d. High potential venture
194. Which of the following factor can create the managerial difficulties in the joint
ventures between foreign companies?
a. Cultural differences
b. Economic policies
c. Public ignorance
d. Government taxes
195. Which of the following is the key factor for choosing the type of financing?
a. Availability of funds
b. Assets of the venture
c. Prevailing interest rates
d. All of the given options
196. Entrepreneur actually starts setting up of an enterprise by

a. Planning
b. Organizing
c. Staffing
d. Directing

197. Which of the following is least likely to influence the timing of new business
births?
a. Government policies
b. Profitability
c. Interest rates
d. Consumer expenditure
198. Which of the following is usually not a barrier to market entry for a small firm?
a. economy of scale
b. good ideas
c. switching costs
d. access to distribution
199. Which of the following statements is false? Electronic commerce:

a. can allow new ventures to compete on more or less equal terms with large firms
b. offers a relatively inexpensive means of advertising and conducting market and
competitor research
c. can lead to small businesses having reduced contact with its customers
d. is rarely used in small businesses
200. Generally speaking the risk involved in launching as a franchise is greater than
that as a start up.
a. True
b. False

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DNYANSAGAR ARTS AND COMMERCE COLLEGE, BALEWADI, PUNE45

Subject – Entrepreneurship Development (502) Class : TYBBA (2013 Pattern)

UNIT 1. ENTREPRENEUR AND ENTREPRENEURSHIP

1. Entrepreneurial behaviours includes:

2. Entrepreneurs attributes includes:

3. Entrepreneurs skills includes:

PROF . SWATI BHALERAO www.dacc.edu.in

Subject – Entrepreneurship Development (502) Class : TYBBA (2013 Pattern)

6. Which of the following is not something that can be invested:

7. From the following which one is factor affecting entrepreneurial growth:

8. What is the need of entrepreneurship:

10. The level at which an individual is viewed by society is called:

PROF . SWATI BHALERAO www.dacc.edu.in

Subject – Entrepreneurship Development (502) Class : TYBBA (2013 Pattern)

13. Which of the following is used by entrepreneurs to acquire experience in an

14. GATT is established in 1947, under:

15. The entrepreneur was distinguished from capital provider in:

PROF . SWATI BHALERAO www.dacc.edu.in

Subject – Entrepreneurship Development (502) Class : TYBBA (2013 Pattern)

PROF . SWATI BHALERAO www.dacc.edu.in

Subject – Entrepreneurship Development (502) Class : TYBBA (2013 Pattern)

22. Basic problems of women entrepreneurs in India:

23. From the following, types of entrepreneur are:

24. Which one is not the barriers of Enterpreneurship:

25. The key factor influencing the mobility of entrepreneurs are:

26. It’s an institution to set up a network of technical consultancy organizations in the

27. An Entrepreneurs refers to :

PROF . SWATI BHALERAO www.dacc.edu.in

Subject – Entrepreneurship Development (502) Class : TYBBA (2013 Pattern)

28. Which of the following factor influence entrepreneurship:

29. From the following which ones is the quality of Entrepreneur:

30. Which of the following factors is the most important in forcing

31. Which of the following is alternatively called corporate venturing?

PROF . SWATI BHALERAO www.dacc.edu.in

Subject – Entrepreneurship Development (502) Class : TYBBA (2013 Pattern)

34. The level at which an individual is viewed by society is called:

PROF . SWATI BHALERAO www.dacc.edu.in

Subject – Entrepreneurship Development (502) Class : TYBBA (2013 Pattern)

39. SBA stands for:

41. Information regarding all of the following is related to operations, EXCEPT:

44. EDP (Entrepreneurship Development Programmes) is required to help:

PROF . SWATI BHALERAO www.dacc.edu.in

Subject – Entrepreneurship Development (502) Class : TYBBA (2013 Pattern)

46. .A women entrepreneur is supposed to have a minimum financial

49. Venture capital is concerned with:

PROF . SWATI BHALERAO www.dacc.edu.in

Subject – Entrepreneurship Development (502) Class : TYBBA (2013 Pattern)

50. In real life, entrepreneurs are those that…

51. The definition of entrepreneurship holds the promise of….

53. _____Identified innovation as a characteristic of entrepreneur for the first time in

54. Individuals influencing an entrepreneur’s career choice and style are

PROF . SWATI BHALERAO www.dacc.edu.in

Subject – Entrepreneurship Development (502) Class : TYBBA (2013 Pattern)

Unit 2. Business opportunity Identification and Preliminary Project

57. Which are not the main Components of project management?

58. Project overrun is a frightening _________________facing India.

PROF . SWATI BHALERAO www.dacc.edu.in

Subject – Entrepreneurship Development (502) Class : TYBBA (2013 Pattern)

61. PERT stands for __________.