Top 350+ Solved Entrepreneurship Development (ED) MCQ Questions Answer
Q. To provide financial assistance to entrepreneurs the government has set up a number of___________.
a. financial advisors.
b. financial intermediaries.
c. Industrial estates.
d. financial institutions.
Q. _____________ can be defined as a specifically evolved work plan densed to achieve a Specific objective within a specific period of time
a. Idea generation.
b. Opportunity Scanning.
c. Project.
d. Strategy
Q. _____________ is used to accomplish the project economically in the minimum availabletime with limited resources
a. Project Scheduling.
b. Network Analysis.
c. Budget Analysis.
d. Critical Planning
Q. ______________ is a form of financing especially for funding high technology, high riskand Perceived high reward projects
a. Fixed capital.
b. Current capital.
c. Seed capital.
d. Venture capital.
Q. _____ is a favorable set of circumstances that creates a need for a new product, service, orbusiness.
a. A niche
b. A venture
c. A trend
d. An opportunity
Q. Each of the following are ways to identify an opportunity EXCEPT:
a. observing trends.
b. solving a problem.
c. trying out alternative uses of existing products.
d. finding gaps in the marketplace.
Q. Entrepreneurs can recognize problems and find ways to solve them through each of the following EXCEPT:
a. recognizing problems in emerging trends.
b. identifying a currently available product or service and then building a business around a better version.
c. framing a problem differently than it's been thought of before, and then proposing an appropriate solution.
d. experiencing a problem in one's own life, and then realizing the solution represents a business opportunity.
Q. All of the following are characteristics shared by those who excel at recognizingopportunities EXCEPT:
a. brainstorming.
b. prior experience.
c. entrepreneurial alertness.
d. social contacts and ties with others.
Q. All of the following are suitable questions to ascertain Product/Service DesirabilityEXCEPT:
a. Does it make sense?
b. Is the product or service financially feasible?
c. Is this a good time to introduce the product or service in the market?
d. Are there any fatal flaws in the product or service's basic design or concept?
Q. State Industrial corporations engage in the development of__________.
a. industrial estates.
b. institutional estates.
c. individual investors.
d. agricultural entrepreneurs.
Q. Which of the following is a function of SIDBI?
a. Extension of seed capital.
b. Discounting of bills.
c. Providing factoring services.
d. All of the above
Q. A provisional SSI registration certificate is valid for a period of __________.
a. four Years.
b. three Years.
c. two Years.
d. one year.
Q. DGTD stands for __________.
a. Directorate General of Technical Development.
b. District General of Technical Development.
c. District General of Taxation Deduction.
d. Directorate General of Taxation Deduction