Entreprenuership Development & Management (EDM) MCQ's




Question 1 :
What is not the function of National Small Industries Corporation


  1. provides integrated support services under Marketing, Technology, Finance and other Support service.
  2. Financing for Marketing Activities (Short term)
  3. Performance and Credit Rating Scheme for small industries
  4. Trade Exhibitions
  

Question 2 :
The sale of financial assets is also referred to as the


  1. Capital Decision
  2. CFO decision
  3. Financing Decision
  4. Invetment decision
  

Question 3 :
Which of the following state has top rank in overall integrated MSME performance level


  1. Punjab
  2. Maharashtra
  3. Gujrat
  4. Telangana
  

Question 4 :
Which of the following sentences implies that women entrepreneurs are now economically independent and take decisions independently?


  1. Employment generation
  2. Economic development
  3. Improved Quality of life
  4. Better utilization of resources
  

Question 5 :
What are key parts of an activity that need to be completed well in order to meet the goals of the project?


  1. Critical success factors
  2. Quality performance
  3. Quality success factors
  4. Quality performance
  

Question 6 :
________involves the development of a new line of products or services with technical and/or commercial similarities to an existing range of products.


  1. Horizontal diversification
  2. vertical diversification
  3. Concentric diversification
  4. Conglomerate diversification
  

Question 7 :
Who is appointed as a chairperson of the Mission Directorate (Exceutive Committee) level of National Skill Development Mission.


  1. Secretary, MSDE
  2. Minister, MSDE
  3. Secretary, Shiksha Manatralaya
  4. Minister, Shiksha Mantralaya
  

Question 8 :
Which of the following is not an objective of Federation of Indian Women Entrepreneurs (FIWE) ?


  1. Provide finance
  2. Provide greater access to latest technology
  3. Assist in identification of investment opportunities
  4. Provide training in marketing, quality control, laws and regulations
  

Question 9 :
Bank loans upto ______per unit to Micro and small enterprises under services sector are classified under priority sector


  1. Rs 5 crore
  2. Rs 10 crore
  3. Rs 15 crore
  4. Rs 25 crore
  

Question 10 :
The following are the examples of financial assets except


  1. Stocks
  2. Bank loan
  3. Bond
  4. Raw material
  

Question 11 :
Which of the following may not be the motive of a social entrepreneur


  1. Create sustainable solution
  2. Wealth creation
  3. Personal fulfillment
  4. Social responsibility
  

Question 12 :
Which of the following is the characterisitic of Public-Private Parternship?


  1. It is a short term arrangment.
  2. It is a proprietory arragment of private or Government
  3. The operation of the facility i conntracted out to another private entity.
  4. different forms of long-term contracts drawn up between legal entities and public authorities
  

Question 13 :
Which of the following statements is not TRUE?


  1. Public sector enterprises are promoted with the objective of achieving balanced regional development
  2. HPCL is an example of a public sector enterprise
  3. The joint sector was promoted with the objective of accelerating economic development
  4. IPCL is a private sector company
  

Question 14 :
The Kakinada experiment was the seed for which of the following concept?


  1. Entrepreneurship Development Programme
  2. Sustainable Development
  3. Women Entrepreneurship
  4. Social Enterprise
  

Question 15 :
In a Supply Chain,Material flows in one direction while _________flows in both direction


  1. Process
  2. Information
  3. Product
  4. Semifinished goods
  

Question 16 :
Today Women Entrepreneurs are creating an impact


  1. Only in India
  2. Only on U.S.A
  3. In the third world countries
  4. All over the world
  

Question 17 :
In the development phase of the Entrepreneurship Development:


  1. Entrepreneurs are trained in the chosen fields.
  2. Entrepreneurs are awared about business opportunities.
  3. Entrepreneurs are given finacial support.
  4. Entrepreneurs are counselling support.
  

Question 18 :
What is role of MSME- Technology Centres in developing MSMEs


  1. supporting them in design, strategy and execution
  2. supporting them in marketing and sales
  3. supporting them in finance
  4. supporting them in getting raw material
  

Question 19 :
MSMEs make up for about ____ per cent of the country’s exports


  1. 35
  2. 45
  3. 25
  4. 40
  

Question 20 :
NABARD stands for ____- .


  1. National Bureau for use of Academics in Rural Development
  2. Native Branch for Agriculture and Rural Development
  3. National Bank for Art and Rural Development
  4. National Bank for Agriculture and Rural Development
  

Question 21 :
Banks are mandated not to accept collateral security in the case of loans upto Rs. _____extended to units in the MSE sector


  1. 25 Lakh
  2. 10 Lakh
  3. 5 Lakh
  4. 1 Lakh
  

Question 22 :
Which one of the following is the function of Governing Council in the the institutional mechanism of National Skill Development Mission?


  1. Impleentation and Monitoring
  2. Policy and Guidance
  3. Setting Targets
  4. Review Progress
  

Question 23 :
MUDRA Bank is a ____ financial institution in India.


  1. public sector
  2. Cooperative
  3. private
  4. non scheduled bank
  

Question 24 :
Which of these is not a motivating factor for women entrepreneurs?


  1. Recognition
  2. Profit
  3. Sense of Achievement
  4. Role Conflict
  

Question 25 :
A firm's investment decision is called the


  1. Financing decision
  2. Capital budgeting decision
  3. Liquidity decision
  4. Non of these
  

Question 26 :
In SWOT analysis, 'T' stands for:


  1. Time
  2. Threats
  3. Training
  4. Technique
  

Question 27 :
National Skill Development Mission is developed __- .


  1. to improve literacy rate in different states
  2. to create convergence across sectors and States in terms of skill training activities
  3. to create awareness about engineering education
  4. To train 1 crore people by 2022
  

Question 28 :
Lean production involves


  1. Improvement of speed only
  2. Improvement of quality only
  3. Elimination of all types of waste
  4. Elimination of cost only
  

Question 29 :
Which one of following factors is favourable to MSME in achieving growth?


  1. It doesn't need a highly skilled labour.
  2. In India, distribution of wealth is already at a very good level, it helps in accrelaratig growth.
  3. MSMEs need very expensive resources. So, only skilled an resourceful people go for it contributing to it's success rate.
  4. MSMEs require highly skilled managers to handle it's complex organizational structure.
  

Question 30 :
Entrepreneurs are provided adequate support in the form of infrastructure facilities, financial asistance - counselling support in:


  1. Initial phase of entrepreneurship development.
  2. Support phase of entrepreneurship development.
  3. Middle phase of entrepreneurship development.
  4. Development phase of entrepreneurship development.
  
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