Top 350+ Solved Entrepreneurship MCQ Questions Answer
Q. To start an entrepreneurial activities, first process is to:
a. develop a business plan
b. discover a new thought
c. accumulate fund
d. manage the business
Q. Once the opportunity is identified, an entrepreneur needs to create a:
a. comprehensive business plan
b. discovery
c. capital fund
d. budget
Q. Minimum rate of wages per day of skilled – II workers in Mizoram is Rs
a. 380
b. 420
c. 520
d. 640
Q. Mission of a business house should have holistic approach towards the:
a. quality control
b. family
c. maximization of profit
d. society and the nation
Q. Labourunionsgenerally collectively bargain with the management for:
a. higher wages
b. better working conditions
c. better working environments
d. all of the above
Q. To maintain quality of the product and increase goodwill, a business house should planto recruit human resource by avoiding:
a. skilled labour
b. knowledgeable person
c. nepotism
d. experienced person
Q. Political environment of a state can improve the entrepreneurial growth by stages of:
a. legislature
b. execution
c. judiciary
d. all the above
Q. Government checks restrictive trade practices through:
a. Industrial policy Act, 1991
b. MRTP Act
c. FEMA Act
d. none of these
Q. A micro enterprise is an enterprise where investment in plant and machinery does not exceed ( according to MSME Act, 2006)
a. Rs. 15 lakhs
b. Rs. 20 lakhs
c. Rs. 25 lakhs
d. Rs. 30 lakhs
Q. A medium enterprise, where the investment in plant and machinery is more than Rs. 5crore but does not exceed
a. Rs. 10 crore
b. Rs. 15 crore
c. Rs. 20 crore
d. Rs. 25 crore
Q. A small enterprise, where the investment in equipment is more than Rs. 10 lakhs but does not exceeds
a. Rs. 1 crore
b. Rs. 2 crore
c. Rs. 3 crore
d. Rs. 4 crore
Q. Micro Units Development & Refinance Agency Limited (MUDRA) and Pradhan Mantri MUDRA Yonana (PMMY) was launched on
a. 6th March, 2015
b. 8th March, 2015
c. 6th April, 2015
d. 8th April, 2015
Q. In order to give a boost to the lending under PMMY, especially for Shisshu category loans, a credit campaign was carried out from
a. 1st September to 2ndOctober, 2015
b. 1st October to 2nd November 2016
c. 1st September to 2nd October 2017
d. None of the above
Q. The sale and responsibilities of NUDRA is declared on
a. 1st March, 2015
b. 2nd March, 2015
c. 3r dMarch, 2015
d. 4th March, 2015