Entrepreneurships B.Com (NEP) 4th Sem Lucknow University Practice Set 1 and 2.pdf

Entrepreneurship (Vocational Course) B.Com. 4th
Sem, University of Lucknow, Lucknow
1 | Page Prepared by UMA KANT (Research Scholar “LU”, JRF(Commerce), UGC NET(Management), M.Com, MBA
Entrepreneurship (Vocational Course)
B.Com. (NEP) 4th
Sem.
University of Lucknow, Lucknow
Set 1 – 100 MCQs
1.The term Entrepreneur is derived from the word
A. English
B .Tamil
SC. Hindi
D. French
ANSWER: D
2. An individual who has prior business ownership experience entrepreneurs.
A. Habitual
B. Novice
C. Serial
D. Portfolio
ANSWER: A
3. Identified innovation as a characteristic of entrepreneur for the first time in 1934.
A. William Diamond
B.A.H.Cole
C. W.B.Gartner
D.J.A.Schuumpeter
ANSWER: D
4.Refusal to adopt and use opportunities to make changes in production entrepreneurs.
A. Fabian
B. Imitative
C. Innovative
D. Drone
ANSWER: D

5.A short-term, internal source of funds can be obtained by reducing all of the following
except .
A.Short-term assets
B.Fixed assets
C.cash
D.Inventory
ANSWER: C
6.Which one of the following is not an Intrapreneurial leadership characteristic?
A.Encourage the team work
B.Not flexible
C.Understands environment
D. Persistent
ANSWER: B
7 .Which of the following factor does not affect a person for being an entrepreneur?
A.Education
B.Gender
C.Personal values
D.Family background
ANSWER: B
8.Which of the following has a contradictory relationship with an individual for being an
entrepreneur?
A.Parents social status
B.Parents occupation
C.His birth order
D.Relationship with parents
ANSWER: B
9.There is evidence that an entrepreneur usually has parents.

A.Self employed
B.Discouraged
C.Strict
D. Non supportive
ANSWER: A
10.The entrepreneur must possess the abilities of .
A.Conceptualization
B.Creative
C.Understanding environment
D.All of the above
ANSWER: D
11.Which of the following is not a characteristic of an entrepreneur?
A.Need for independence
B.Need for affiliation
C.Need for achievement
D. Risk taking
ANSWER: B
12.People who own, operate, and take risk of a business venture is known as .
A.Aptitude
B.Employee
C.Entrepreneurs
D.Intrapreneur
ANSER: C
13.An entrepreneur doing business within the national border is called .
A. International entrepreneurship

B. Intrapreneurship
C. Domestic entrepreneur
D.Imports
ANSWER: C
14.What type of entrepreneurial business actually produces the products they sell?
A.Manufacturing
B.Wholesaling
C.Retailing
D.Consumer
ANSWER: A
15.The assessment of the needed resources by the entrepreneur starts with .
A. An appraisal of the entrepreneurs present resources
B. An assessment of economic conditions of the country
C. A scanning of friends and family for funds
D.A survey of banks and other financial institutions in the area
16.Entrepreneurial task depend upon the personality of the entrepreneur, organisational
structure and
.
A.The environment
B.The market
C.The labour
D.The government
ANSWER: A
17.The term intrapreneur is coined in .
A.America

B.Andaman
C.Australia
D.Antartica
ANSWER: A
18.The term intrapreneurship is coined in late .
A.Fifties
B.Sixties
C.Seventies
D.Eighties
ANSWER: C
19.Who said the term "Successful innovators are not risk takers"?
A.Adam Smith
B.J.B.Say
C.Drucker
D.Alfred Marshall
ANSWER: C
20.The difference in the entrepreneurial and managerial domains has contributed towards an
increase in interest is .
A.Forming new firms.
B.Partnership.
C.Intrapreneurship.
D.Private firms.
ANSWER: A

21.To manage these projects successfully the country will need thousands of
.
A. Research and development personnels.
B. Financial investors.
C. Efficient project Managers.
D. Skilled workers.
ANSWER: C
22.. type of entrepreneurs are particularly important for underdeveloped
countries because they contribute significantly to the development of such nations.
A.Innovative
B.Adoptive
C.Fabian
DDrone
ANSWER: B
23.. type of entrepreneurs are very cautious and skeptical while practising
any change.
A.Innovative
B.Imitative
C.Fabian
D.Drone
ANSWER: C
24.In small scale sector _ are dominant.
A. Institutional entrepreneurs
B .Entrepreneurs by inheritance
C. Technologist entrepreneurs
D. Forced entrepreneurs
ANSWER: A

25.Managing entrepreneurs whose chief goal is _ .
A. Security
B. Power
C. Excitement
D. Ambitious
ANSWER: A
26.Which one among the following is considered as one of the important economic factor
which determine entrepreneurial growth?
A.Government
B.Politics
C.Market
D.Private
ANSWER: C
27.Entrepreneurial management is noted for its ability to react quickly and effectively to new
.
A. Market
B. Business opportunities
C. Product
D. Technology
ANSWER: B
28.Which of the following is the back bone of financial plan?
A.Budgeting.
B.Capital.
C.Nature of business.
D.Cost of production.
ANSWER: B

29.The entrepreneur was distinguished from capital provider in .
A.Middle ages.
B.18th century.
C.17th century.
D.19th and 20th century.
ANSWER: B
30.Female entrepreneur differs from male entrepreneur in terms of the following except
.
A.Motivation
B.Business skill.
C.Departure point
D.Goal orientation
ANSWER: A
31.Which one of the following is the way by which an entrepreneur can enter into
international business?
A.Export
B.Non equity arrangements
C.Direct foreign investment
D.All the above
ANSWER: D
32.Which of the following is alternatively called corporate venturing?
A .Entrepreneurship
B.Intrapreneurship
C.Act of stating a new venture
D.Offering new products by an existing company
ANSWER: B

33.The term EDP refers to .
A.Entrepreneurship Development Programme.
B.Entrepreneurial Development Programme.
C.Entrepreneur Development Programme.
D.Entrepreneuring Development Programme.
ANSWER: A
34. promotes the creation and/or growth of enterprises through a National Team of
Trainers and Counselors that provides training and counseling to young promoters to
establish their own business and to reduce the failure rate of start-ups, contributing thereof to
the economic growth of the Country.
A.EDQ
B.EDN
C.EDC
D.EDP
ANSWER: D
35.EDPs are conducted by .
A. Entrepreneurs
B. Specialised institutions
C .Business community
D .Government
ANSWER: B
36. is an apex Institute in the area of Entrepreneurship and Small Business
Development under the Ministry of Micro, Small and Medium Enterprises Government of
India.
A.NIESBUA
B.NIESBUB
C.NIESBUC
D.NIESBUD

ANSWER: D
37. has helped to set up twelve state-level exclusive entrepreneurship
development centres and institutes.
A.Entrepreneurship Development Institute of India
B.State Bank of India
C.Reserve Bank
D.Industrial Finance Corporation of India
ANSWER: A
38.Which are not the main Components of project management?
A .Adequate control is exercised.
B.Concept and pre-feasibility study
C.A clear defined project objective
D.Evaluation and financing arrangements.
ANSWER: C
39 .Project overrun is a frightening facing India.
A .Financial problem
B. Resource problem
C. Economic problem
D. Research problem
ANSWER: C
40 .Project engineering and investment costs is an angle to ensure _.
A.Pre-feasibility
B.Detailed project report
C. Funding level
D.Project decision
ANSWER: D

41 .Project phases allow for effective control at the .
A .Project cost
B. Funding level
C. Estimation
D. Quality
ANSWER: B
42 .Planning and controlling the task is the of a project manager.
A. Strategy
B. Responsibility
C. Procedure
D. Duty
ANSWER: B
43.The documentation required at the end of each phase of a small project can be defined by
sub setting the documentation for a .
A. Special project
B. Specified project
C. Typical project
D. Well Designed project
ANSWER: C
44. Which of the following shows the process of creating something new
?
A.Business model.
B.Modeling.
C.Creative flexibility.
D.Innovation.
ANSWER: D

45. Stauworth and Curran have explained entrepreneurship in terms of
A. Economic development
B. Protectionism
C. Monopoly
D. Social marginality
ANSWER: D
46 Expanding economy serves as an accelerator to
A. Entrepreneurship
B. Intrapreneurship
C. Sole proprietorship
D .Economic development
ANSWER: A
47.RCI stands for .
A Re-investment corporation of India.
B.Re-investment committee of India.
C.Refinance corporation of India.
D.Refinance committee of India.
ANSWER: C
48..The word entrepreneurship has been derived from a which means ' to
undertake'.
A.French root
B.Greek root
C.Roman root
D.Italian root
ANSWER: A

49. presupposes commitment to tasks to be performed with well defined
objectives, schedules and budget.
APlan
B.Project
C.Schedule
D.Proposal
ANSWER: B
50. .Projects concerned with industrial development, power generation, mineral development
will be considered as .
A. Quantifiable project
B. Sectoral project
C. Techno-economic project
D. Feasibility project
ANSWER: A
51. A person who managed large project was termed as the entrepreneur in the .
A.Earliest period.
BMiddle ages.
C.17th century.
D.19th and 20th century.
ANSWER: B
52. is concerned with the collection, compilation and analysis of economic
data for the eventual purpose of locating possible opportunities for investment.
A.Project selection
B.Project evaluation
C.Project identification
D.Project segmentation
ANSWER: C

53.Every project has basic dimensions.
A.One
B.Two
C.Three
D.Four
ANSWER: C
54. What are the the 3 basic dimensions of a project?
A. Input, output and process
B. Input, output and materials
C. Input, output and social cost and benefits
D. Input, output and features
ANSWER: C
55. is an important element in the project planning cycle.
A.Project objective
B.Project idea
D.Project selection
ANSWER: A
56. are economical and social in nature.
A.Project objective
B.Project idea
D.Project selection
ANSWER: A

57. is the first phase in project life cycle.
A.The introduction phase
B.The pre-investment phase
C. The construction phase
D. The normalisation phase
ANSWER: B
58. phase in the project life cycle begin after the investment decision is taken.
A.The post-investment phase
B.The construction phase
C.The normalisation phase
D.The reconstruction phase
ANSWER: B
59..The asset created during the construction phase are utilised during the _
A.The pre-investment phase
B.The post-investment phase
C.The reconstruction phase
D.The normalisation phase
ANSWER: D
60 .There are stages in project life cycle.
A.One
B.Two
C.Three
D.Four
ANSWER: C

61. is the systematic development of a project idea for the eventual objective
of arriving an investment decision.
A.Project objective
B.Project identification
C.Project selection
D.Project formulation
ANSWER: D
62. analysis is primarily concerned with the identification of the project
demand potential and the selection of the optimal technology suitable for achieving the
project objectives.
A.Feasibility
B.Pre-feasibility
C.Techno-Economic
D.Network
ANSWER: C
63 . is the heart of a project.
A.Project idea
B.Project design
D.Project selection
ANSWER: B
64.The purpose of financial analysis is to determine of the project.
A.Input feasibility
B.Output feasibility
CFinancial feasibility
D.Cost-benefit feasibility
ANSWER: C

65.The inter-relationship between various contituent activities of a project is generally
depicted in the form of _ .
A.Network diagram
B.Project design
C.Feasibility diagram
D.Input diagram
ANSWER: A
66. is an investigating process which precedes investment decision.
A.Project idea
B.Project identification
C.Project formulation
D.Project selection
ANSWER: C
67.Project formulation and its implementation are the two essential functions of
.
A.Project design
B.Project management
C.Project selection
D.Project formulation
ANSWER: B
68.Expand CPM.
A.Critical Path Method
B.Critical Par Method
C.Critical Project Method
D.Critical Price Method
ANSWER: A

69. is primarily a scheduling technique.
A.PERT
B.CPM
C.GERT
D.LOB
ANSWER: A
70.Where individual skills are collectively integrated into a group, this is known as
.
A.Collective entrepreneurship
B.Intrapreneurship.
C.Team entrepreneurship
D.Dual innovation.
ANSWER: C
71. Which of the following government actions could contribute to a more entrepreneurial
society?
A.Deregulation.
B.Financial start-up.
C.Information and advice.
D.All the above.
ANSWER: D
72. .Which of the following is alternatively called corporate venturing?
A.Entrepreneurship.
B.Intrapreneurship.
C.Act of stating a new venture.
D.Offering new products by an existing company.
ANSWER: B

73 .SFC stands for .
A.State Financial Committee.
B.State Funding Corporation.
C.State Finance Corporation.
D.State Funding Committee.
ANSWER: C
74 .Which one of the following is the next stage to the Concept Stage of Product Planning
and Development Process?
A.Idea Stage.
B.Product Planning Stage.
C.Product Development Stage.
D.Test Marketing Stage.
ANSWER: C
75. .IFCI was established in the year .
A. 5.
B.1984.
C.1980.
D.1987.
ANSWER: B
76.IFCI provides .
A.Medium term credit.
B.Short term credit.
C.Medium and long term credit.
D.Long term credit.
ANSWER: C

77. .Assistance from IFCI is available for .
A.Setting up of new industrial projects
B.Expansion of existing units.
C .Renovation and modernization.
D.All of the above.
ANSWER: D
78 .SIDBI stands for .
A.Small Institutions Development Bank of India.
B.Small Industries Development Bank of India.
C.Small Industries Derivatives Bank of India.
D.Small Industries Development Bureau of India.
ANSWER: B
79.SIDBI was set up in the year .
A.1987.
B.1988.
C.1989.
D.1990.
ANSWER: C
80 .SIDBI was set up as a subsidiary of .
A.IDBI.
B.IFCI.
C.ICICI.
D.NABARD.
ANSWER: A

81. .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
82..SFC was set up under .
A.State financial corporation Act 1951.
B.State financial corporation Act 1952.
C.State financial corporation Act 1953.
D.State financial corporation Act 1954.
ANSWER: A
83. .Financial resources of SFCs consist of .
A.Paid up capital.
B.Reserve funds.
C.Borrowings from RBI.
D.aAl the above.
ANSWER: D
84 .SFCs assistance to technically qualified people without enough funds is known as
.
A.Seed capital scheme.
B.Capital assistance scheme.
C.Technical entrepreneurs scheme.
D.Investment scheme.
ANSWER: A

85 .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
86 .The loans given by SFCs are usually for a period upto .
A.8 or 10 years.
B.10 or 12 years.
C.12 or 14 years.
D.14 or 16 years.
ANSWER: B
87 .A concessional rate of interest is charged by SFC in case of .
A.small scale industries.
B.units in backward areas.
C.units set up by technical entrepreneurs.
D.All the above.
ANSWER: D
88 .SIDC was set up under the .
A.Co-operative societies Act.
B.Companies Act.
C.Industries Act.
D.Partnership Act.
ANSWER: B

89 .The financial resources of SIDC consist of .
A.paid-up capital.
B.loans from State govt.
C.refinance from RBI.
D. all of the above.
ANSWER: D
90 .SIPCOT stands for _ .
A.Small Industries Promotion Corporation of Tamil Nadu Limited.
B.Small Institutes Promotion Corporation of Tamil Nadu Limited.
C.State Industries Promotion Corporation of Tamil Nadu Limited.
D.Small Institutes Promotion Corporation of Tamil Nadu Limited.
ANSWER: C
91 .The process each manager follows during the life of a project is known as
.
A.Project Management.
B.Manager life cycle.
C.Project Management Life Cycle.
D.All of the mentioned.
ANSWER: C
92 .SIPCOT is a .
A.Public limited company.
B.Private limited company.
C.Co-operative society.
D.Partnership firm.
ANSWER: A

93 .Expand NSTC .
A.National small Industries Corporation.
B.National stock industries corporation.
C.National stock incorporation.
D.National small industries committee.
ANSWER: A
94 . has been recognized as the nodal agency to support the small scale industry
export promotion.
A.SIDO.
B.TDC
C.NSIC
D.IFSC
ANSWER: A
95 .The term denotes bonus or financial aid which is given by a government to
an industry to help it compete with another unit in a nation or in a foreign market.
A.Incentive.
B.Subsidy.
C.Concession.
D.Bounty.
ANSWER: D
96 .It becomes necessary to do after a project idea has withstood the tests of
feasibility analysis and network analysis.
A.Input analysis.
B.Financial analysis.
C.Project design.
D.Costs benefit analysis.
ANSWER: A

97. is designed to overcome this fundamental weakness in the
relationship between lending agency and the project sponsoring body.
A.Proposal.
B.Project idea.
C.Project formulation.
D.Project appraisal.
ANSWER: C
98 .TIIC stands for .
A.Tamil Nadu Industrial Investment Corporation Limited
B.Tamil Nadu Institutional Investment Corporation Limited
C.Tamil Nadu Industrial Investment Committee Limited.
D.Tamil Nadu Institutional Investment Committee Limited.
ANSWER: A
99 .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
100. is the first state level financial institution in the country.
A.TIIC.
B.SFC.
C.SIDBI.
D.SIDC.
ANSWER: A

1. An entrepreneur who starts business with the help of natural talent is called
A. )Pure entrepreneur
B. Included entrepreneur
C. Spontaneous entrepreneur
D. Motivated entrepreneur .
Answer:C
2. A training program which is instrumental in making a person successful
entrepreneur is known as
A. Technical consultancy
B. Entrepreneurial development program
C. Self employment training
D. Achievement motivation training.
Answer:B
3. D I C stands for
A. District industrial centre
B. district industries centre
C. District industrial council
D. district industrial committee.
Answer:B
4. The govt. of India has defined woman entrepreneur s on the basis of
A. their participation in the equity and employment of business enterprise.
B. Their participation in employment
C. .Their personal assets and savings
D. Their job satisfaction and achievement.
Answer:A
5. An entrepreneur who introduces new goods technology and better combination
of an enterprise is an----------------------entrepreneur.
Entrepreneurship

A. Fabian
B. Innovative
C. Drone
D. Cognitive
Answer:B
6. The ---------------- entrepreneur draws up the advise and services of experts and
introduces changes that reflects a complete break up from the existing of things.
A. Cognitive
B. Empirical
C. Retail
D. Rational.
Answer:A
7. An entrepreneur who is a dynamic person and is interested in establishing a
business enterprise is called --------------------- entrepreneur.
A. Technical
B. Trading
C. Professional
D. First generation.
Answer:C
8. A ------------------------ entrepreneur is a “Craftsman” .
A. Motivate
B. Spontaneous
C. Classical
D. Technical
Answer:D
9---------------------- entrepreneur is an individual who plans, develops and manages
a corporate enterprise.
A. Busines
B. Corporate
C. Service
D. Induced.
Answer:B

10. A person who owns , operate and takes risk of a business venture.
A. Manager
B. Employee
C. Entrepreneur
D. Entrepreneurship.
Answer:C
11. The primary motivating force behind entrepreneur is.
A. Fame
B. Money
C. Achievement
D. Recognition.
Answer:B
12. Who can become an entrepreneur?
A. Only a graduate
B. Only a rich man
C. People above 30 years
D. Anyone.
Answer:D
13. People who work for someone else.
A. Director
B. Employee
C. Entrepreneur
D. Owner.
Answer:B
14is the most important function of an entrepreneur according
to Schumpeter.
A. Innovation
B. Organizing
C. managing
D. Exploring the market opportunities.
Answer:A

15has a vital role in the economic growth of a country.
A. Manager
B. Employee
C. Entrepreneur
D. Entrepreneur.
Answer:D
16Urges a person to move or behave.
A. Risk bearing capacity
B. Motivation
C. Training
D. Objectives.
Answer:B
17. An ------------------ is his own boss.
A. Entrepreneur
B. Entrepreneur
C. Manager
D. Director.
Answer:B
18. who introduces the “Theory of need achievent”.
A. M.C. Dell and
B. Maslow
C. A.H.Cole
D. Schumpeter.
Answer:A
19. Who introduces the need hierarchy theory?
A. Hagen
B. Schumpeter
C. Maslow
D. Dan hot.
Answer:C

20. Innovation means --------------------.
A. Invention
B. Creating something new
C. Imagination
D. None of these.
Answer:B
21. There are ------------------------ basic elements in the process of motivation.
A. 5
B. 2
C. 6
D. 3.
Answer:D
22. The word entrepreneur is derived from the --------------- word.
A. Latin
B. French
C. Greek
D. None of these .
Answer:B
23 ------------------is a situation where the individuals do not get any jobs.
A. Unemployment
B. Under employment
C. Employment
D. none of these.
Answer:A
24. Which of the following is not a characteristic of a project?
A. Capital investment is an inevitable part
B. It is a scientifically evolved plan to achieves an oblective.
C. Project identification
D. project preparation.
Answer:C

25. The 1st stage in a project cycle is.
A. project evaluation
B. project appraisal
C. project identification
D. project preparation.
Answer:C
26. project appraisal involves analysis of
A. Market variables ,technical variables, financial variables and economic variables.
B. Commercial, technical, social and political variables.
C. Technical, economic, social and financial variables.
D. Market, economic, social and financial variables.
Answer:A
27. The non physical recourses required for a project are .
A. .Finance, personal inventories and infrastructural facilities.
B. Patents, unique experiences and skill.
C. Nature, location, size and of the project.
D. Policies, social taboos ,people and things.
Answer:B
28. The collection and use of information from published sources is called
---------------.
A. Desk research
B. Techno economic survey
C. Primary data
D. None of these.
Answer:A
29is the process of evaluating the project idea with the
limitations and constraints of entrepreneur.
A. Pre-feasibility study
B. Economic analysis
C. Feasibility analysis
D. Techno economic analysis.

Answer:C
30is the 1st phase in the life cycle of a project.
A. Construction
B. Normalization
C. The pre-investment
D. Development stage.
Answer:C
31. P E R T stands for.
A. program evaluation and review technique.
B. Project evaluation and review technique.
C. Preparation and evaluation of review technique.
D. None of these.
Answer:A
32. C P M stands for
A. Critical path method
B. Criteria for profit making
C. Critical program method
D. None of these.
Answer:A
33is the combination of activities and of a project.
A. Network
B. Design
C. Techniques
D. None of these.
Answer:A
34is the third stage of project formulation.
A. Techno economic analysi
B. Input analysis
C. Project design and network analysis
D. Financial analysis.

Answer:C
35involves a step by step investigation and development of a
project idea.
A. project identification
B. project evaluation
C. project appraisal
D. project formulation.
Answer:D
36means the assessment of a project .
A. project identification
B. project management
C. project planning
D. project appraisal.
Answer:D
37. project in which a reasonable quantitative assessment of the benefits can be
made known as------ --.
A. Disaster project
B. Crash project
C. Quantifiable project
D. Sectoral projects.
Answer:C
38 ---------------------is an approval of a capital investment to develop facilities to
provide goods and services.
A. Project
B. Additive opportunities
C. Complementary opportunities
D. None of these.
Answer:A
39. Which one of the following is the prescribed investment limit for micro
manufacturing enterprise as per the micro small and medium enterprise
development act 2006?

A. More than Rs.25lakhs but does not exceed Rs5crore
B. Does not exceed Rs25lakhs
C. More than Rs5crores but does not exceed RS10crores
D. More than 10crores.
Answer:B
40. The main objectives of national micro small and medium enterprises is to
provide.
A. Fiancé to need working c p t l requirement
B. Adequate training to small entrepreneurs.
C. Machinery and equipment to small industrial units.
D. sanction loans to small industrial units.
Answer:C
41. The initial capital used to start a business is called.
A. A bridge capital
B. Seed capital
C. Margin money
D. Redundant capital.
Answer:B
42. N I E S B U D was established in.
A. 1980
B. 1982
C. 1983
D. 1985.
Answer:C
43intended to cover the time tag between the sanctioning and
disbursement of a term loan or to cover the time tag in receiving the proceeds of a
public issue.
A. Bridge loan
B. Seed capital
C. Margin money
D. Redundant capital.
Answer:A

44is the advance gives to cover the finance requirement during
the time tag between sanctioning and disbursement of term loan by financial
institutions.
A. Incentive
B. Bridge capital
C. Subsidy
D. Venture capital.
Answer:B
45is the work of scientist.
A. Invention
B. Innovation
C. Both
D. None.
Answer:A
46. Which of these is not a environmental barrier to entrepreneurship .
A. Lack of skilled labor
B. Custom of people
C. Lack of fund
D. Lack of infrastructure.
Answer:B
47. Which of these is a social barrier to entrepreneurship.
A. low stales’
B. Custom of people
C. Both
D. None.
Answer:C
48. An inner urge in an individual to do sometimes is called ------------- --.
A. Persistence
B. Initiative
C. Competency
D. Creativity.

Answer:B
49. Project for industrial development is an --------------------- project.
A. Quantifiable
B. Non- Quantifiable
C. Sect oral
D. Crash.
Answer:A
50 -------------------is the work of entrepreneurs.
A. Invention
B. Innovation
C. Both
D. None.
Answer:B
51. Additional capital cost are incurred---------project to same time.
A. Quantifiable
B. Non- Quantifiable
C. Sect oral
D. Crash.
Answer:D
52. Large scale projects are an example of ------------- project.
A. Quantifiable
B. Magnitude
C. Sect oral
D. Crash.
Answer:B
53 -----------------is the final report.
A. Feasibility report
B. Interim report
C. Project report
D. Progress report.

Answer:C
54. Which of the following is not inciuded in utilities.
A. Raw material
B. Water
C. Power
D. Efficient disposal.
Answer:A
55skill helps an entrepreneur to establish an enterprise.
A. Communication
B. Decision making
C. project development
D. Management.
Answer:C
56skills are necessary for an entrepreneur to deal with many people.
A. Communication
B. Decision making
C. project management
D. management.
Answer:A
57refers to manner in which a company’s inputs are transferred into
output process.
A. Proces
B. Method
C. Technology
D. Method.
Answer:C
58is the huge investment in plant and machinery.
A. Labor intensive
B. Capital intensive
C. large scale
D. Medium scale

Answer:B
59. the discount rate must be determined in advance for the
A. Payback period
B. Time adjusted rate of return method
C. A R R
D. N P V Method.
Answer:D
60. Which one of the following is not a discounted cash flow technique.
A. A R R
B. I R RV
C. N P V
D. P I .
Answer:A
61. The difference between the total preset value of a discount and the initial
capital outlay is known as the.
A. I R R
B. A R R
C. N P V
D. Net profit.
Answer:C
62report is a document where all the detailes obtained from
technical analysis , financial analysis , profitability analysis etc. are put together.
A. Feasibility
B. Project
C. Both
D. None.
Answer:B
63Analysis is concerned with identification of project demand
potential and selection of optimal technology.
A. Techno economic
B. Social cost benefit

C. Network
D. Financial.
Answer:A
64analysis concerned with the development of detailed work plan of the
project and its time profile.
A. Techno-economic
B. Network
C. financial
D. Social cost benefit.
Answer:B
65analysis involves estimation of project costs and revenues and
funds required for the project.
A. Techno-economic
B. Network
C. Financial
D. Social cost benefit.
Answer:C
66analysis aims at analyzing the real contribution of an investment
project towards welfare of country as a whole.
A. Techno-economic
B. Network
C. Financial
D. Social cost benefit
Answer:D
67helps to take investment decision.
A. Techno-economic
B. Technical
C. financial
D. pre-investment appraisal.
Answer:D

68analysis is carried out to ascertain technical soundness of the
project.
A. ) Techno-economic
B. Technical
C. financial
D. pre-investment appraisal.
Answer:B
69. Project appraisal is the process of estimating the costs and benefits of a project
to arrive at the -----------decision.
A. Investment
B. Profitability
C. Liquidity
D. None of these.
Answer:A
70. project appraised is usually done by a------------------- institution.
A. Marketing
B. Financial
C. Production
D. None of these.
Answer:B
71. Pay back period and APR methods are --------------- --.
A. Traditional
B. Discounting
C. Modern
D. None.
Answer:A
72. N P V ,P I and ----------------are the three discounted cash flow techniques.
A. A R R
B. I R R
C. N T V
D. Urgency.

Answer:B
73. The discount rate at which present value of cash inflows equals to the present
value of cash outflows is called.
A. A R R
B. I R R
C. N T V
D. Urgency.
Answer:B
74 --------------------is the done after the project is implemented .
A. management
B. Appraisal
C. Evaluation
D. N one.
Answer:C
75. The main object of project appraised is .
A. To find whether the project is technically feasible
B. To ascertain whether the project is financially feasible
C. To decide whether to accept or reject a project.
D. To know whether the project is echo-friendly.
Answer:C
76. Project appraisal is done by.
A. Government
B. Financial institution only
C. Entrepreneurs only
D. Both financial institution and entrepreneur.
Answer:D
77. Which one is not an element of project appraisal.
A. Technical feasibility
B. Network analysis
C. Economic viability
D. Commercial.

Answer:B
78. Which of the following is a technique of project identification.
A. Desk research
B. Sensitivity analysis
C. C P V analysis
D. None of these.
Answer:A
79. Whjch of the following is not a phase in the project life cycle.
A. Pre-investment phase
B. Construction phase
C. Normalization phase
D. Growth phase.
Answer:D
80. Which of the following is not a network technique.
A. C P M
B. P E R T
C. S W O T
D. L O B.
Answer:C
81. Shortest possible time to complete an activity is-----------------------.
A. Pessimistic time
B. Optimistic time
C. Most likely time
D. None of these.
Answer:B
82. Maximum possible time to complete an activity is ------ --.
A. Pessimistic time
B. Optimistic time
C. Most likely time
D. None of these.

Answer:A
83. Estimated time required in normal conditions complete an activity is
-----------------.
A. Pessimistic time
B. Optimistic time
C. Most likely time
D. None of these.
Answer:C
84is an equilibrium point.
A. Cash flow
B. Fund flow
C. Ratio
D. Break even.
Answer:D
85analysis is a technique commonly used to assess expected
product profitability.
A. P E R T
B. C P M
C. B E
D. S W O T .
Answer:D
86represents the activities and events of a project in a logical sequence.
A. Network diagram
B. project graph
C. Arrow diagram
D. All of these.
Answer:C
87represents the start and end of an activity.
A. Event
B. Activity
C. Network

D. Slack.
Answer:A
88. Critical path in the longest ------in the network.
A. Slack
B. Activity
C. Event
D. Path.
Answer:D
89. A single lump sum which is given by a govt. to an entrepreneur to cover the
cost is known as--------------.
A. Subsidy
B. Concession
C. Bounties
D. None of these.
Answer:A
90 --------------------entrepreneurs neither introduce new changes nor adopt new
methods innovated by others.
A. Technical
B. Fabian
C. Induced
D. Business.
Answer:B
91. According to Schumpeter, is the most important function of a modern
entrepreneur.
A. Innovation
B. Invention
C. Skill
D. Creativity.
Answer:A
92. Which of the following is a psychological factor affecting entrepreneurial
growth.

A. Legitimacy of entrepreneurship
B. Social status
C. Need for achievement
D. None of these.
Answer:C
93. The capacity to develop new ideas, concepts and process is known as
A. Innovation
B. Invention
C. Skill
D. Creativity.
Answer:C
94. A person who works within an organization and having entrepreneurial
capabilities.
A. entrepreneur
B. Intrapreneure
C. Manager
D. Chief executive.
Answer:B
95. A small scale industries is one in which the investment in plant and machinery
is extended to----------------- --.
A. 60lakh
B. 3crores
C. 25lakhs
D. 10lakhs
Answer:B
96 --------------------is the process of collection, compilation and analysis of
economic data for the purpose of finding out opportunities for investment.
A. Project screening
B. Project appraisal
C. Project identification
D. None of these.
Answer:C

97. The process of evaluating the project ideas with a view to select the best and
premising idea after eliminating the unprofitable idea is called ---------------- of the
project ideas.
A. Screening
B. Appraisal
C. Identification
D. None.
Answer:A
98analysis is done to ascertain financial viability of a project.
A. Network
B. Financial
C. Techno-economic
D. Input.
Answer:B
99is an economic leader.
A. Manager
B. Entrepreneur
C. Intrapreneu
D. Executives.
Answer:B
100is a catalytic agent of change.
A. Organizer
B. Entrepreneur
C. Top executive
D. Visionary.
Answer:B

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