B.COM Business (Project Planning) MCQ's




Question 1 :
_____ feasibility study finds out profitability of the proposed project.


  1. Technical
  2. Market
  3. Financial
  4. None of the above
  

Question 2 :
_____ acts as a reference guide during the execution of the project.


  1. Feasibility report
  2. Project report
  3. legal report
  4. None of the above
  

Question 3 :
_____ refers to finding out practical utility of a project.


  1. Feasibility study
  2. Project planning
  3. Project report
  4. All of the above
  

Question 4 :
Project planning is summarized in _____.


  1. Project report
  2. feasibility report
  3. legal report
  4. All of the above
  

Question 5 :
_____ describes the purpose and values of business.


  1. Mission statement
  2. Objectives
  3. Vision statement
  4. None of the above
  

Question 6 :
_____ undertakes preliminary steps necessary for formation of a company.


  1. Promoter
  2. Intrapreneur
  3. Manager
  4. None of the above
  

Question 7 :
Decision on location is an important element of _____.


  1. setting up a business unit
  2. market research
  3. manufacturing process
  4. All of the above
  

Question 8 :
_____ number is required for directors of a company.


  1. DIN
  2. TIN
  3. TAN
  4. None of the above
  

Question 9 :
_____ is required for tax deduction at source


  1. TAN
  2. TIN
  3. DIN
  4. All of the above
  

Question 10 :
The _____ is the company’s charter.


  1. Memorandum
  2. Articles of Association
  3. Prospectus
  4. None of the above
  

Question 11 :
For exporting goods, it is necessary to get registered with _____.


  1. DGFT
  2. ROC
  3. RBI
  4. All of the above
  

Question 12 :
_____ is mandatory for opening of bank account and filing of income tax returns.


  1. PAN
  2. TAN
  3. TIN
  4. All of the above
  

Question 13 :
Analysis of environmental factors is done in business planning process.


  1. TRUE
  2. FALSE
  

Question 14 :
There is no need to undertake period review of performance.


  1. TRUE
  2. FALSE
  

Question 15 :
The feasibility study has no practical significance.


  1. TRUE
  2. FALSE
  

Question 16 :
Project report is a summary of project planning.


  1. TRUE
  2. FALSE
  

Question 17 :
Project report contains details of feasibility study undertaken.


  1. TRUE
  2. FALSE
  

Question 18 :
Feasibility study is undertaken to find out practical utility of a project.


  1. TRUE
  2. FALSE
  

Question 19 :
Financial feasibility study covers technical aspects of the project.


  1. TRUE
  2. FALSE
  

Question 20 :
Project report is a base for feasibility study.


  1. TRUE
  2. FALSE
  

Question 21 :
The project report is important only to the entrepreneur.


  1. TRUE
  2. FALSE
  

Question 22 :
Market feasibility study covers the environmental impact of the proposed project.


  1. TRUE
  2. FALSE
  

Question 23 :
Law and order situation is an important factor to be considered in location of a business unit.


  1. TRUE
  2. FALSE
  

Question 24 :
Social infrastructure must be considered while deciding on location of a business unit.


  1. TRUE
  2. FALSE
  

Question 25 :
Promoter is a person who undertakes the preliminary steps necessary for formation of a company.


  1. TRUE
  2. FALSE
  

Question 26 :
VAT is required for depositing of TDS.


  1. TRUE
  2. FALSE
  

Question 27 :
Memorandum of Association is the document which contains internal regulations of the company.


  1. TRUE
  2. FALSE
  

Question 28 :
PAN is mandatory for filing of income tax returns and other financial transactions.


  1. TRUE
  2. FALSE
  

Question 29 :
Tax rebate is an exemption from tax granted for a specific period of time.


  1. TRUE
  2. FALSE
  

Question 30 :
Business units dealing in hotels, foods and drugs need to obtain FDA license before starting operations.


  1. TRUE
  2. FALSE
  
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