Question 1 :
_____ feasibility study finds out profitability of the proposed project.
- Technical
- Market
- Financial
- None of the above
Question 2 :
_____ acts as a reference guide during the execution of the project.
- Feasibility report
- Project report
- legal report
- None of the above
Question 3 :
_____ refers to finding out practical utility of a project.
- Feasibility study
- Project planning
- Project report
- All of the above
Question 4 :
Project planning is summarized in _____.
- Project report
- feasibility report
- legal report
- All of the above
Question 5 :
_____ describes the purpose and values of business.
- Mission statement
- Objectives
- Vision statement
- None of the above
Question 6 :
_____ undertakes preliminary steps necessary for formation of a company.
- Promoter
- Intrapreneur
- Manager
- None of the above
Question 7 :
Decision on location is an important element of _____.
- setting up a business unit
- market research
- manufacturing process
- All of the above
Question 8 :
_____ number is required for directors of a company.
- DIN
- TIN
- TAN
- None of the above
Question 9 :
_____ is required for tax deduction at source
- TAN
- TIN
- DIN
- All of the above
Question 10 :
The _____ is the company’s charter.
- Memorandum
- Articles of Association
- Prospectus
- None of the above
Question 11 :
For exporting goods, it is necessary to get registered with _____.
- DGFT
- ROC
- RBI
- All of the above
Question 12 :
_____ is mandatory for opening of bank account and filing of income tax returns.
- PAN
- TAN
- TIN
- All of the above
Question 13 :
Analysis of environmental factors is done in business planning process.
- TRUE
- FALSE
Question 14 :
There is no need to undertake period review of performance.
- TRUE
- FALSE
Question 15 :
The feasibility study has no practical significance.
- TRUE
- FALSE
Question 16 :
Project report is a summary of project planning.
- TRUE
- FALSE
Question 17 :
Project report contains details of feasibility study undertaken.
- TRUE
- FALSE
Question 18 :
Feasibility study is undertaken to find out practical utility of a project.
- TRUE
- FALSE
Question 19 :
Financial feasibility study covers technical aspects of the project.
- TRUE
- FALSE
Question 20 :
Project report is a base for feasibility study.
- TRUE
- FALSE
Question 21 :
The project report is important only to the entrepreneur.
- TRUE
- FALSE
Question 22 :
Market feasibility study covers the environmental impact of the proposed project.
- TRUE
- FALSE
Question 23 :
Law and order situation is an important factor to be considered in location of a business unit.
- TRUE
- FALSE
Question 24 :
Social infrastructure must be considered while deciding on location of a business unit.
- TRUE
- FALSE
Question 25 :
Promoter is a person who undertakes the preliminary steps necessary for formation of a company.
- TRUE
- FALSE
Question 26 :
VAT is required for depositing of TDS.
- TRUE
- FALSE
Question 27 :
Memorandum of Association is the document which contains internal regulations of the company.
- TRUE
- FALSE
Question 28 :
PAN is mandatory for filing of income tax returns and other financial transactions.
- TRUE
- FALSE
Question 29 :
Tax rebate is an exemption from tax granted for a specific period of time.
- TRUE
- FALSE
Question 30 :
Business units dealing in hotels, foods and drugs need to obtain FDA license before starting operations.
- TRUE
- FALSE