41
A person who managed large project was termed as the entrepreneur in the . . . . . . . .
A)
Earliest period
B)
Middle ages
C)
17th century
D)
19th and 20th century
Answer & Solution
Answer: Option
B
42
Under the new norms of Micro, Small and Medium Enterprises Development (MSMED) Act, 2006, the criteria of investment limit in plant and machinery for MSME falls under which one ofthe following category?
A)
Micro Rs. 25 lakh, small Rs. 5 crore, medium Rs. 10 crore
B)
Micro Rs. 20 lakh, small Rs. 2.5 crore, medium Rs. 5 crore
C)
Micro Rs. 20 lakh, small Rs. 6 crore, medium Rs. 8 crore
D)
Micro Rs. 25 lakh, small Rs. 10 crore, medium Rs. 15 crore
Answer & Solution
Answer: Option
A
43
Which is the psychological quality of an entrepreneur?
A)
Sharp memory
B)
Agility
C)
Alertness
D)
All of these
Answer & Solution
Answer: Option
D
44
Which is a physical quality of an Entrepreneur?
A)
Good health
B)
Effective personalities
C)
Agreeable looking
D)
All of the above
Answer & Solution
Answer: Option
D
45
. . . . . . . . is the process of tracking the evolution, development and sequence of critical events that affect the survival and profitability of the future new business.
A)
Marketing
B)
Monitoring
C)
Scanning
D)
New venture's environment
Answer & Solution
Answer: Option
B
46
Which of the following statement is not true for market feasibility?
A)
It analysis the demand and supply of the market
B)
It identifies the gap in the demand and supply of the market
C)
If there is surplus supply in the market then the project is evaluated further
D)
If there is excess demand then the project is further evaluated
Answer & Solution
Answer: Option
C
47
What can be the effect on cash flows due to delays in payments by the clients?
A)
Positive cash flows
B)
Negative cash flows
C)
No effect on cash flows
D)
None of the given options
Answer & Solution
Answer: Option
B
48
The chief motivational factor for . . . . . . . . entrepreneurs to leave jobs is the frustration of not being allowed to perform at the level of which they are capable.
A)
Male
B)
Female
C)
Young
D)
All of these
Answer & Solution
Answer: Option
D
49
Entrepreneurship as a thory of business was propounded by
A)
Douglas McGregor
B)
Tomas A. Coleman
C)
Joseph A. Schumpeter
D)
Adam Smith
Answer & Solution
Answer: Option
C
50
Total quality management, job redesigning, new techniques of doing things and management by consensus are the examples of which one of the following?
A)
Opportunistic entrepreneurship
B)
Administrative entrepreneurship
C)
Incubative entrepreneurship
D)
Mass entrepreneurship
Answer & Solution
Answer: Option
B
