21
Individuals influencing an entrepreneur's carrier choice and style are known as which of the following?
A)
Role model
B)
Moral-support network
C)
Professional support network
D)
Support system
Answer & Solution
Answer: Option
A
22
A surety is not liable
A)
If the terms of contract are changed without his consent
B)
If the terms of contract are changed
C)
When the principal breaches a contract with the creditor
D)
None of the above
Answer & Solution
Answer: Option
A
23
All of the following are normally included in the concept test except
A)
detailed financial statements
B)
a description of the product or service
C)
the intended target market
D)
the benefits of the product or service
Answer & Solution
Answer: Option
A
A)
causes a greater outward shift in the nation's production possibilities curve along the axis measuring the K-intensive commodity than along the axis measuring the L-intensive commodity
B)
increases the productivity of capital proportionately more than that of labour
C)
is equivalently to a proportionately greater increase in the supply of capital than in the supply of labour
D)
all of the above
Answer & Solution
Answer: Option
C
25
Which is not the object of 'Entrepreneurship Development Programmes'?
A)
To create successful entrepreneur
B)
To remove doubts of entrepreneurs and to give solutions to the problems
C)
To create awarness about government schemes and programmes
D)
None of the above
Answer & Solution
Answer: Option
A
26
Which of the following ratio will be helpful for assessing the firm's capital structure?
A)
Current ratio
B)
Acid test ratio
C)
Profitability ratio
D)
Debt to equity ratio
Answer & Solution
Answer: Option
D
27
Which of the following schemes does not function for Rural entrepreneurs?
A)
1, 3, 4, 5
B)
1, 2, 4, 5
C)
Both 4 and 5
D)
2, 4, 5
Answer & Solution
Answer: Option
C
28
Medium service enterprises are the enterprises where investment in plant and mahinery is more than Rs. . . . . . . . . crore, but does not exceed Rs. . . . . . . . . crore.
A)
2, 5
B)
5, 8
C)
2, 8
D)
1, 8
Answer & Solution
Answer: Option
A
29
Which is the element of entrepreneurial behaviour as per McCelland?
A)
Moderate risk
B)
Feedback
C)
Energetic activity
D)
All of the above
Answer & Solution
Answer: Option
D
30
"Business is a game of skills which every body cannot play."Who said this?
A)
John Hornaday
B)
Emerson
C)
Henri Daton
D)
Pearce and Robinson
Answer & Solution
Answer: Option
B
