Entrepreneurship and Innovation

61

Which the following are they key factors for choosing the type of financing?

A) Availability of funds B) Assets of the venture C) Prevailing interest rates D) All of the above options

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Answer & Solution

Answer: Option D

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62

Which among the following does not belong to India's major large scale industries?

A) Cotton textile industry B) Iron and steel industry C) Jute industry D) Khadi and village industry

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Answer & Solution

Answer: Option D

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63

Match the following

List-I (Types of Debentures)	List-II (Elements)
a. Mortgage debentures	1. Unsecured
b. Nacked debentures	2. Repayment
c. Convertible debentures	3. Secured
d. Redeemable debentures	4. Option

A) a-1, b-2, c-3, d-4 B) a-1, b-4, c-3, d-2 C) a-3, b-1, c-4, d-2 D) a-3, b-4, c-2, d-1

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Answer & Solution

Answer: Option C

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64

. . . . . . . . means identifying and imitating the best in the world at specific tasks and functions.

A) Benchmarking B) Outsourcing C) Quality circle D) Continuous improvement

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Answer & Solution

Answer: Option A

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65

Match the following

List-I (Concepts)	List-II (Features)
a. Financial plan	1. Financial statement
b. Marketing	2. Quality assurance
c. Development and production	3. Marketing strategy and resources
d. Objectives	4. Long term

A) a-1, b-4, c-2, d-3 B) a-1, b-3, c-2, d-4 C) a-3, b-1, c-4, d-2 D) a-1, b-2, c-3, d-4

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Answer & Solution

Answer: Option B

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66

Which of the following is true with regard to brainstorming?

A) It is informal and out of box technique to generate ideas B) It is mostly verbal C) It aims at quantity of ideas D) All of the above

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Answer & Solution

Answer: Option D

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67

According to the governing bodies of common laws, the life of trade secret is

A) 12 years B) 17 years C) 20 years D) As long as it remains confidential

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Answer & Solution

Answer: Option D

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68

"The entrepreneur is more than a manager. He or (she) is an innovator and promoter as well." Who said it?

A) George Gilder B) Forrest H. Frantz C) Joseph A. Schumpeter D) Peter F. Drucker

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Answer & Solution

Answer: Option B

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69

What is zero coupon Bond?

A) Bond sold at the fraction of its face value B) Bond sold at the fraction of its cost price C) Bond issued for industrialists only D) None of the above

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Answer & Solution

Answer: Option A

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70

Which of the following statement is incorrect?

A) Registration of an industrial unit as a micro, small or medium scale enterprise is involuntary B) The MSME sector in India employs about 60 million people, it is the second largest sector in terms of employment after agriculture C) Registration is done by the Directorate or Commissioner of Industries for the respective states D) All of the above

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Answer & Solution

Answer: Option A

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