1
Micro enterprises are the enterprises where investment in plant and machinery does not exceed . . . . . . . . .
A)
10 lakh
B)
5 crore
C)
25 lakh
D)
10 crore
Answer & Solution
Answer: Option
C
2
State Financial Corporation Act encourages in
A)
establishing industrial estates
B)
establishing small and medium size industries
C)
establishing agricultural farms
D)
All of the above
Answer & Solution
Answer: Option
A
3
The entrepreneur's . . . . . . . . depends on his perception of the opportunity
A)
Commitment to opportunity
B)
Commitment of resources
C)
Control of resources
D)
Strategic orientation
Answer & Solution
Answer: Option
D
4
Which of the following statements are correct with regard to sick unit?
A)
Any of the borrower account of the enterprise remains NPA for three months or more
B)
There is erosion in the net worth due.to accumulated losses to the extent of 50% of its net worth during the previous accounting year
C)
Both A and B
D)
None of the above
Answer & Solution
Answer: Option
A
5
Which of the following is an external reason for the sickness of a small business?
A)
Choice of an idea
B)
Inadequate finance
C)
Volatile business environment
D)
Lack of vertical and horizontal integration
Answer & Solution
Answer: Option
C
6
which of the following are the signals of industrial sickness?
A)
1, 2, 3, 4, 5
B)
1, 3, 5, 6
C)
1, 3, 4, 5, 6
D)
All of the above
Answer & Solution
Answer: Option
B
7
Which is the concept of entrepreneurship?
A)
Group level reaction
B)
Organisation building
C)
High achievement capacity
D)
All of the above
Answer & Solution
Answer: Option
D
8
Match the following
List-I (Stage of Project) List-II (Forms of Venture Capital)
a. Development of an idea
1. Seed capital
b. Implementation stage
2. Start up finance
c. Fledging stage
3. Additional finance
d. Establishment stage
4. Establishment finance
5. Cost
A)
a-2, b-1, c-4, d-3
B)
a-5, b-1, c-4, d-3
C)
a-1, b-2, c-3, d-4
D)
a-1, b-2, c-4, d-3
Answer & Solution
Answer: Option
C
A)
The seemingly discontinuous process of combining resources to produce new goods or services
B)
A project
C)
A service
D)
A product
Answer & Solution
Answer: Option
A
10
Investment in plant and machinery/equipment (excluding land and building) w.r.t. manufacturing sector in medium industry should be
A)
upto 25 lakh
B)
25 lakh to 5 crore
C)
5 crore to 10 crore
D)
None of the above
Answer & Solution
Answer: Option
C
