Entrepreneurship MCQ PART 2

 

21. Someone legally appointed to resolve the financial difficulties of an insolvent firm is called____________.

A. an administrator.

B. a predator.

C. an auditor.

D. a turnaround consultant.

ANSWER: A

22. Goods or services reach the market place through ________.

A. marketing channels.

B. multilevel pyramids.

C. monopolies.

D. multiplication.

ANSWER: A

23. 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.

ANSWER: D

24. State Industrial corporations engage in the development of__________.

A. industrial estates.

B. institutional estates.

C. individual investors.

D. agricultural entrepreneurs.

ANSWER: A

25. ________ is the first development bank of the country.

A. ICICI.

B. IDBI.

C. SFC.

D. IFCI.

ANSWER: D

26. 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.

ANSWER: A

27. IFCI has been converted into a________.

A. joint stock company.

B. co-operative society.

C. partnership firm.

D. sole proprietorship.

ANSWER: A

28. SIDBI was set up as a subsidiary of_________.

A. IDBI.

B. IFCI.

C. ICICI.

D. SFC.

ANSWER: A

29. 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.

ANSWER: D

30. 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.

ANSWER: A

31. 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.

ANSWER: D

32. 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.

ANSWER: D

33. TIIC is sponsored by the__________.

A. Government of Karnataka.

B. Government of Andhra Pradesh.

C. Government of Kerala.

D. Government of Tamil Nadu.

ANSWER: D

34. 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.

ANSWER: A

35. 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.

ANSWER: A

36. EDPs course contents contains ___________.

A. General introduction to entrepreneurs.

B. Motivation training.

C. Managerial skills.

D. All the above.

ANSWER: D

37. Entrepreneurial Guidance Bureau(EGB) was set up by____________.

A. SISI.

B. SIPCOT.

C. IIC.

D. SIDCO.

ANSWER: C

38. _____________ 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.

ANSWER: C

39. 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.

ANSWER: A

40. 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.

ANSWER: C