Top 350+ Solved Entrepreneurship MCQ Questions Answer
Q. Under the Shishu category, smaller loan amount is sanction upto
a. Rs. 30,000
b. Rs. 40,000
c. Rs. 50,000
d. Rs. 60,000
Q. Name the institution which was set up in 1982 to promote integrated rural development
a. NSIC
b. NABARD
c. SIDBI
d. NCEUS
Q. Name the institution which is set up as an apex bank to provide direct or indirect financial assistance under different scheme.
a. SIDBI
b. NSIC
c. RSBDC
d. None of the above
Q. Investment in equipments service sector in Micro scale industry should be
a. Up to 10 Lacs
b. 10Lacs – 2 Crores
c. 2 Crores – 5 Crores
d. None of the above
Q. MUDRA has already created the following products / schemes
a. Shishu
b. Kishor
c. Tarun
d. All of the above
Q. Investment in equipments service sector in Small scale industry should be
a. Up to 10 Lacs
b. 10Lacs – 2 Crores
c. 2 Crores – 5 Crores
d. None of the above
Q. Investment in equipments service sector in Medium scale industry should be
a. Up to 10 Lacs
b. 10Lacs – 2 Crores
c. 2 Crores – 5 Crores
d. None of the above
Q. For establishment of a new unit, an entrepreneur is required to obtain:
a. Provisional Registration
b. Permanent registration
c. Both (a) and (b)
d. None of the above
Q. As per the MSMED Act, 2006, micro enterprise (manufacturing) is the enterprise whose investment is equipment does not exceed.
a. Rs. 10 lakhs
b. Rs. 15 lakhs
c. Rs. 20 lakhs
d. Rs. 25 lakhs
Q. MUDRA bank was established on
a. 9thMay, 2015
b. 8thApril, 2015
c. 8thJune, 2015
d. 9thJuly, 2015
Q. An entrepreneur is not required to obtain license under the Industries development and Regulation Act, if his assets less than:
a. Rs. 5 lakhs
b. Rs. 10 lakhs
c. Rs. 15 lakhs
d. Rs. 20 lakhs
Q. For establishing new and risky business units in India, Venture Capital is
a. Unnecessary
b. Necessary
c. Extremely necessary
d. Wastage of capital