21
Professional support network include following EXCEPT
A)
Personal affiliations
B)
Mentor
C)
Trade associations
D)
Friends
Answer & Solution
Answer: Option
D
22
Which of the following method entrepreneur can use to do international business with least risk?
A)
Turnkey projects
B)
Joint venture
C)
Merger
D)
Synergy
Answer & Solution
Answer: Option
A
23
A company dealing in beer has a merger with cigarettes manufacturing firm. This merger is called
A)
Horizontal merger
B)
Product extension merger
C)
Market extension merger
D)
Vertical merger
Answer & Solution
Answer: Option
B
24
Match the following
List-I (Organisation) List-II (Year of Formation)
a. Khadi and Village Industries Commission
1. 1971
b. Risk Capital and Technology Finance Corporation Ltd.
2. 1942
c. Coffee Boards
3. 1988
d. Jute Corporation of India
4. 1975
5. 1956
A)
a-4, b-1, c-3, d-2
B)
a-1, b-2, c-3, d-4
C)
a-5, b-3, c-2, d-1
D)
a-1, b-2, c-3, d-5
Answer & Solution
Answer: Option
C
25
Which is the organisation supporting entrepreneurs?
A)
National Entrepreneurship Development Board
B)
Export Promotion Council
C)
Small Industry Service Institute
D)
All of the above
Answer & Solution
Answer: Option
D
26
In which of the following year implementation of SBA Financial plan took place?
A)
1971
B)
1972
C)
1973
D)
1974
Answer & Solution
Answer: Option
B
27
Skills reqaired in developing entrepreneurship are
A)
business skills
B)
technical skills
C)
people skills
D)
All of these
Answer & Solution
Answer: Option
D
28
Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R) . Read the statements and choose the correct answer.Assertion (A) Identification and detection of sickness at incipient state is the first and foremost measure to reduce industrial sickness.Reason (R) Sickness in small scale industries is not a sudden phenomenon but it is a gradual processtaking 5 to 7 years erodingthe health of a unit beyond cure.
A)
Both (A) and (R) are correct and (R) is the correct explanation of (A)
B)
Both (A) and (R) are correct, but (R) is not the correct explanation of (A)
C)
(A) is correct, but (R) is incorrect
D)
Both (A) and (R) are incorrect
Answer & Solution
Answer: Option
A
29
Entrepreneurial endeavors consist of all of the following key elements. Except.
A)
New business venturing
B)
Increasing productivity
C)
Innovativeness
D)
Proactiveness
Answer & Solution
Answer: Option
B
30
Which is the type of planning as per 'Basil W. Denning'?
A)
Operative Planning
B)
Project planning
C)
Strategic planning
D)
All of the above
Answer & Solution
Answer: Option
D
