1. small business firms provide…. scope for the growth
of entrepreneurial activities
A. limited
B. enormous
C. zero
D. scattered
ANS: B
2. under…. scheme, duties collected earlier are paid
back to exporter after shipment of goods.
A. duty
drawback
B. sales
tax
C. GST
D. EPCG
ANS: A
3……. is very prominent problem in and often leads the
units to ruins
A. lack
of management
B. good
management
C. excellent
management
D. Outstanding
management
ANS: A
4. the entrepreneurs who has overcome all his teething
troubles of his business venture and is master of his venture is…..
entrepreneur
A. the
successful entrepreneur
B. the
philanthropist
C. the first-generation
entrepreneurs
D. spontaneous
entrepreneur
ANS: A
5 …… stage the project gets a gear— shape came into
existence
A. implementing
phase
B. pre
investment phase
C. operation
phase
D. executing
phase
ANS: A
6. in product selection….. is the first step
A. design
of product
B. quality
of product
C. idea
formation
D. quantity
of product to be produced
ANS: C
7. according to…. entrepreneurship is a creative
activity
A. Joseph
Schumpeter
B. Peter
Drucker
C. Tom
Cruz
D. Maslow
ANS: A
8. ….Is an internal constraint while impel the project
A. no
management skill
B. government
policies
C. technology
D. social
change
ANS: A
9. Full form of SFC
A. state
financial corporation
B. self-finance
courses
C. subsidy
finance center
D. state
foreign collaboration
ANS: A
10. in a ….. economy the means of production are
privately owned
A. mixed
economy
B. socialist
economy
C. capitalist
economy
D. market
economy
ANS: C
11. promotional expenses include…. expenses
A. legal
B. illegal
C. illicit
D. unauthorized
ANS: A
12. women entrepreneurs…. taking risk
A. avoid
B. enjoy
C. appreciate
D. welcome
ANS: A
13. …. is not a personal Barrier to entrepreneurship
growth.
A. lab
our
B. lack
of motivation
C. inability
of dream
D. impatience
ANS: A
14…….. theory of development 9f entrepreneurship is
based on several economic, social, cultural, political and psychological factor
A. innovation
theory
B. integrated
theory
C. sociological
theory
D. trait
theory
ANS: B
15. Mr. Dhirubhai
started his first textile mill at Narita in Ahmedabad in….
A. 970
B. 977
C. 976
D. 960
ANS: B
16…….industries was the first private sector company
whose annual general meet was held in stadiums
A. tata
B. reliance
C. Birla
D. mtnl
ANS: B
17. full form of
PMRY
A. prime
minister rozgar yojna
B. primary
monetary regulation yojna
C. property
mortgage yojna
D. prime
minister refujee yojna
ANS: A
18. a separate financing agencies like…. were
established to promote small scale industries
A. SIDBI
B. IDBI
C. WTO
D. SAARC
ANS: A
19. … stability leads to economic stability
A. political
B. mental
C. physical
D. spiritual
ANS: A
20. the success of enterprise largely depends on what is
produces and sells therefore…..Is important.
A. product
selection
B. organisation
plan
C. market
plan
D. financial
plan
ANS: A
21. the …Also has been set up to provide common
facility services.
A. industrial
extension centres
B. office
centres
C. service
centres
D. district
centres
ANS: A
22. entrepreneurs is seen differently by different
section of….
A. society
B. economy
C. country
D. people
ANS: A
23. export incentive are notified in the …. policy
A. Exim
B. monetary
C. fiscal
D. rural
ANS: A
24. In the……the concept of entrepreneurship is
related to innovation endeavors
A. 21 century
B. 20
century
C. 19
century
D. 18
century
ANS: A
25……… is the life blood of an enterprise
A. finance
B. advertising
C. production
D. promotion
ANS: A
26 there is a close relation between entrepreneurs
and….
A. innovation
B. growth
C. economy
D. motivation
ANS: A
27 a family feud often brings….. managerial efficiency
A. down
B. high
C. awakening
D. developing
ANS: A
28 ….. Is the transfer of internal production related
task or jobs to the external firm ( such as a sub contractor)
A. leadership
B. dictatorship
C. outsourcing
D. counselling
ANS: C
29. a …… year holiday is provided to 00% EOUs and
units in FTZs/ EPZs
A. five
B. ten
C. two
D. seven
ANS: A
30…… are
important to remove regional imbalance
A. subsidiaries
B. constraint
C. disparities
D. discrepancies
ANS: C
31. the …..
is a technique to examine the viability
and profitability of the project
A. project
appraisal
B. project
report
C. project
formulation
D. project
identification
ANS: A
32. when the
product becomes a leader or one of the top few in industry it is at the …..
stage of the product life
A. growth
B. decline
C. introductory
D. peak
ANS: D
33. Full form of SSIDO
A. scale
industries development organisation
B. social
initiative for development organisation
C. small
innovation development company
D. service
industry development institute
ANS: A
34. government should take a ….. both civil and
criminal, against bogus forged EDP
institutions
A. stern
action
B. no
action
C. relaxed
action
D. information
action
ANS: A
35 …… is the entrepreneurs who is businessmen who has
tested the fruits of business success and now want to give something to the
society
A. the
successful entrepreneur
B. the
philanthropist
C. the
first generation entrepreneurs
D. spontaneous
entrepreneur
ANS: A
36 a……. is scheme, design, proposal of something intended or devised
A. project
B. performa
C. product
D. profit
ANS: A
37. as per new industrial policy declared on July…… no licence either from the central
government or the state government is
required for the establishment for a small scale industrial unit.
A. 989
B. 990
C. 99
D. 99
ANS: C
38. training is also provided to the artisans through the…….Demonstration
workshop operated by the small industries service institute SISs over the
country.
A. mobile
B. laptop
C. classroom
D. product
ANS: C
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