390+ Entrepreneurship solved MCQs with PDF download (2025)

Table of Contents
An entrepreneur who starts business with the help of natural talent is called A training program which is instrumental in making a person successful entrepreneur is known as D I C stands for The govt. of India has defined woman entrepreneur s on the basis of An entrepreneur who introduces new goods technology and better combination of an enterprise is an--------------------- entrepreneur. The ---------------- entrepreneur draws up the advise and services of experts and introduces changes that reflects a complete break up from the existing of things. An entrepreneur who is a dynamic person and is interested in establishing a business enterprise iscalled --------------------- entrepreneur. A------------------------- entrepreneur is a “Craftsman” . --------------------- entrepreneur is an individual who plans, develops and manages a corporateenterprise. A person who owns , operate and takes risk of a business venture. The primary motivating force behind entrepreneur is. Who can become an entrepreneur? People who work for someone else. ---------------------- is the most important function of an entrepreneur according to Schumpeter. ------------------------ has a vital role in the economic growth of a country. ------------------------Urges a person to move or behave. An ------------------ is his own boss. who introduces the “Theory of need achievent”. Who introduces the need hierarchy theory? Innovation means --------------------. There are ------------------------ basic elements in the process of motivation. The word entrepreneur is derived from the --------------- word. ----------------- is a situation where the individuals do not get any jobs. Which of the following is not a characteristic of a project? The 1st stage in a project cycle is. project appraisal involves analysis of The non physical recourses required for a project are . The collection and use of information from published sources is called ---------------. ----------------------- is the process of evaluating the project idea with the limitations and constraints ofentrepreneur. ---------------- is the 1st phase in the life cycle of a project. P E R T stands for. C P M stands for --------------------- is the combination of activities and of a project. ------------- is the third stage of project formulation. ------------------- involves a step by step investigation and development of a project idea. ------------------ means the assessment of a project . project in which a reasonable quantitative assessment of the benefits can be made known as --------. -------------------- is an approval of a capital investment to develop facilities to provide goods andservices. Which one of the following is the prescribed investment limit for micro manufacturing enterprise asper the micro small and medium enterprise development act 2006? The main objectives of national micro small and medium enterprises is to provide. The initial capital used to start a business is called. N I E S B U D was established in. ------------------------ intended to cover the time tag between the sanctioning and disbursement of aterm loan or to cover the time tag in receiving the proceeds of a public issue. -------------------- is the advance gives to cover the finance requirement during the time tag betweensanctioning and disbursement of term loan by financial institutions. -------------- is the work of scientist. Which of these is not a environmental barrier to entrepreneurship . Which of these is a social barrier to entrepreneurship. An inner urge in an individual to do sometimes is called ----------------. Project for industrial development is an --------------------- project. ------------------ is the work of entrepreneurs. Additional capital cost are incurred -------- project to same time. Large scale projects are an example of ------------- project. ---------------- is the final report. Which of the following is not inciuded in utilities. -------------------- skill helps an entrepreneur to establish an enterprise. ---------------- skills are necessary for an entrepreneur to deal with many people. ---------------- refers to manner in which a company’s inputs are transferred into output process. ---------------- is the huge investment in plant and machinery. the discount rate must be determined in advance for the Which one of the following is not a discounted cash flow technique. The difference between the total preset value of a discount and the initial capital outlay is known asthe. --------------------- report is a document where all the detailes obtained from technical analysis ,financial analysis , profitability analysis etc. are put together. --------------- Analysis is concerned with identification of project demand potential and selection ofoptimal technology. -------- analysis concerned with the development of detailed work plan of the project and its timeprofile. -------------------- analysis involves estimation of project costs and revenues and funds required for theproject. ---------------- analysis aims at analyzing the real contribution of an investment project towards welfareof country as a whole. ------------------ helps to take investment decision. ------------------- analysis is carried out to ascertain technical soundness of the project. Project appraisal is the process of estimating the costs and benefits of a project to arrive at the ---------- decision. project appraised is usually done by a ------------------- institution. Pay back period and APR methods are ------------------. N P V ,P I and ---------------- are the three discounted cash flow techniques. The discount rate at which present value of cash inflows equals to the present value of cash outflowsis called. ------------------- is the done after the project is implemented . The main object of project appraised is . Project appraisal is done by. Which one is not an element of project appraisal. Which of the following is a technique of project identification. Whjch of the following is not a phase in the project life cycle. Which of the following is not a network technique. Shortest possible time to complete an activity is -----------------------. Maximum possible time to complete an activity is ---------. Estimated time required in normal conditions complete an activity is -----------------. ---------------------- is an equilibrium point. -------------------- analysis is a technique commonly used to assess expected product profitability. ------------- represents the activities and events of a project in a logical sequence. ------------------------ represents the start and end of an activity. Critical path in the longest ----- in the network. A single lump sum which is given by a govt. to an entrepreneur to cover the cost is known as -------------. ------------------- entrepreneurs neither introduce new changes nor adopt new methods innovated byothers. According to Schumpeter, is the most important function of a modern entrepreneur. Which of the following is a psychological factor affecting entrepreneurial growth. The capacity to develop new ideas, concepts and process is known as A person who works within an organization and having entrepreneurial capabilities. A small scale industries is one in which the investment in plant and machinery is extended to -------------------. ------------------- is the process of collection, compilation and analysis of economic data for thepurpose of finding out opportunities for investment. The process of evaluating the project ideas with a view to select the best and premising idea aftereliminating the unprofitable idea is called----------------- of the project ideas. ------------------ analysis is done to ascertain financial viability of a project. ---------- is an economic leader. ---------------- is a catalytic agent of change. References

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1.

An entrepreneur who starts business with the help of natural talent is called

A. )Pure entrepreneur
B. Included entrepreneur
C. Spontaneous entrepreneur
D. Motivated entrepreneur .
Answer» C. Spontaneous entrepreneur

discuss

2.

A training program which is instrumental in making a person successful entrepreneur is known as

A. Technical consultancy
B. Entrepreneurial development program
C. Self employment training
D. Achievement motivation training.
Answer» B. Entrepreneurial development program

discuss

3.

D I C stands for

A. District industrial centre
B. district industries centre
C. District industrial council
D. district industrial committee.
Answer» B. district industries centre

discuss

4.

The govt. of India has defined woman entrepreneur s on the basis of

A. their participation in the equity and employment of business enterprise.
B. Their participation in employment
C. .Their personal assets and savings
D. Their job satisfaction and achievement.
Answer» A. their participation in the equity and employment of business enterprise.

discuss

5.

An entrepreneur who introduces new goods technology and better combination of an enterprise is an--------------------- entrepreneur.

A. Fabian
B. Innovative
C. Drone
D. Cognitive
Answer» B. Innovative

discuss

6.

The ---------------- entrepreneur draws up the advise and services of experts and introduces changes that reflects a complete break up from the existing of things.

A. Cognitive
B. Empirical
C. Retail
D. Rational.
Answer» A. Cognitive

discuss

7.

An entrepreneur who is a dynamic person and is interested in establishing a business enterprise iscalled --------------------- entrepreneur.

A. Technical
B. Trading
C. Professional
D. First generation.
Answer» C. Professional

discuss

8.

A------------------------- entrepreneur is a “Craftsman” .

A. Motivate
B. Spontaneous
C. Classical
D. Technical
Answer» D. Technical

discuss

9.

--------------------- entrepreneur is an individual who plans, develops and manages a corporateenterprise.

A. Busines
B. Corporate
C. Service
D. Induced.
Answer» B. Corporate

discuss

10.

A person who owns , operate and takes risk of a business venture.

A. Manager
B. Employee
C. Entrepreneur
D. Entrepreneurship.
Answer» C. Entrepreneur

discuss

11.

The primary motivating force behind entrepreneur is.

A. Fame
B. Money
C. Achievement
D. Recognition.
Answer» B. Money

discuss

12.

Who can become an entrepreneur?

A. Only a graduate
B. Only a rich man
C. People above 30 years
D. Anyone.
Answer» D. Anyone.

discuss

13.

People who work for someone else.

A. Director
B. Employee
C. Entrepreneur
D. Owner.
Answer» B. Employee

discuss

14.

---------------------- is the most important function of an entrepreneur according to Schumpeter.

A. Innovation
B. Organizing
C. managing
D. Exploring the market opportunities.
Answer» A. Innovation

discuss

15.

------------------------ has a vital role in the economic growth of a country.

A. Manager
B. Employee
C. Entrepreneur
D. Entrepreneur.
Answer» D. Entrepreneur.

discuss

16.

------------------------Urges a person to move or behave.

A. Risk bearing capacity
B. Motivation
C. Training
D. Objectives.
Answer» B. Motivation

discuss

17.

An ------------------ is his own boss.

A. Entrepreneur
B. Entrepreneur
C. Manager
D. Director.
Answer» B. Entrepreneur

discuss

18.

who introduces the “Theory of need achievent”.

A. M.C. Dell and
B. Maslow
C. A.H.Cole
D. Schumpeter.
Answer» A. M.C. Dell and

discuss

19.

Who introduces the need hierarchy theory?

A. Hagen
B. Schumpeter
C. Maslow
D. Dan hot.
Answer» C. Maslow

discuss

20.

Innovation means --------------------.

A. Invention
B. Creating something new
C. Imagination
D. None of these.
Answer» B. Creating something new

discuss

21.

There are ------------------------ basic elements in the process of motivation.

A. 5
B. 2
C. 6
D. 3.
Answer» D. 3.

discuss

22.

The word entrepreneur is derived from the --------------- word.

A. Latin
B. French
C. Greek
D. None of these .
Answer» B. French

discuss

23.

----------------- is a situation where the individuals do not get any jobs.

A. Unemployment
B. Under employment
C. Employment
D. none of these.
Answer» A. Unemployment

discuss

24.

Which of the following is not a characteristic of a project?

A. Capital investment is an inevitable part
B. It is a scientifically evolved plan to achieves an oblective.
C. Project identification
D. project preparation.
Answer» C. Project identification

discuss

25.

The 1st stage in a project cycle is.

A. project evaluation
B. project appraisal
C. project identification
D. project preparation.
Answer» C. project identification

discuss

26.

project appraisal involves analysis of

A. Market variables ,technical variables, financial variables and economic variables.
B. Commercial, technical, social and political variables.
C. Technical, economic, social and financial variables.
D. Market, economic, social and financial variables.
Answer» A. Market variables ,technical variables, financial variables and economic variables.

discuss

27.

The non physical recourses required for a project are .

A. .Finance, personal inventories and infrastructural facilities.
B. Patents, unique experiences and skill.
C. Nature, location, size and of the project.
D. Policies, social taboos ,people and things.
Answer» B. Patents, unique experiences and skill.

discuss

28.

The collection and use of information from published sources is called ---------------.

A. Desk research
B. Techno economic survey
C. Primary data
D. None of these.
Answer» A. Desk research

discuss

29.

----------------------- is the process of evaluating the project idea with the limitations and constraints ofentrepreneur.

A. Pre-feasibility study
B. Economic analysis
C. Feasibility analysis
D. Techno economic analysis.
Answer» C. Feasibility analysis

discuss

30.

---------------- is the 1st phase in the life cycle of a project.

A. Construction
B. Normalization
C. The pre-investment
D. Development stage.
Answer» C. The pre-investment

discuss

31.

P E R T stands for.

A. program evaluation and review technique.
B. Project evaluation and review technique.
C. Preparation and evaluation of review technique.
D. None of these.
Answer» A. program evaluation and review technique.

discuss

32.

C P M stands for

A. Critical path method
B. Criteria for profit making
C. Critical program method
D. None of these.
Answer» A. Critical path method

discuss

33.

--------------------- is the combination of activities and of a project.

A. Network
B. Design
C. Techniques
D. None of these.
Answer» A. Network

discuss

34.

------------- is the third stage of project formulation.

A. Techno economic analysi
B. Input analysis
C. Project design and network analysis
D. Financial analysis.
Answer» C. Project design and network analysis

discuss

35.

------------------- involves a step by step investigation and development of a project idea.

A. project identification
B. project evaluation
C. project appraisal
D. project formulation.
Answer» D. project formulation.

discuss

36.

------------------ means the assessment of a project .

A. project identification
B. project management
C. project planning
D. project appraisal.
Answer» D. project appraisal.

discuss

37.

project in which a reasonable quantitative assessment of the benefits can be made known as --------.

A. Disaster project
B. Crash project
C. Quantifiable project
D. Sectoral projects.
Answer» C. Quantifiable project

discuss

38.

-------------------- is an approval of a capital investment to develop facilities to provide goods andservices.

A. Project
B. Additive opportunities
C. Complementary opportunities
D. None of these.
Answer» A. Project

discuss

39.

Which one of the following is the prescribed investment limit for micro manufacturing enterprise asper the micro small and medium enterprise development act 2006?

A. More than Rs.25lakhs but does not exceed Rs5crore
B. Does not exceed Rs25lakhs
C. More than Rs5crores but does not exceed RS10crores
D. More than 10crores.
Answer» B. Does not exceed Rs25lakhs

discuss

40.

The main objectives of national micro small and medium enterprises is to provide.

A. Fiancé to need working c p t l requirement
B. Adequate training to small entrepreneurs.
C. Machinery and equipment to small industrial units.
D. sanction loans to small industrial units.
Answer» C. Machinery and equipment to small industrial units.

discuss

41.

The initial capital used to start a business is called.

A. A bridge capital
B. Seed capital
C. Margin money
D. Redundant capital.
Answer» B. Seed capital

discuss

42.

N I E S B U D was established in.

A. 1980
B. 1982
C. 1983
D. 1985.
Answer» C. 1983

discuss

43.

------------------------ intended to cover the time tag between the sanctioning and disbursement of aterm loan or to cover the time tag in receiving the proceeds of a public issue.

A. Bridge loan
B. Seed capital
C. Margin money
D. Redundant capital.
Answer» A. Bridge loan

discuss

44.

-------------------- is the advance gives to cover the finance requirement during the time tag betweensanctioning and disbursement of term loan by financial institutions.

A. Incentive
B. Bridge capital
C. Subsidy
D. Venture capital.
Answer» B. Bridge capital

discuss

45.

-------------- is the work of scientist.

A. Invention
B. Innovation
C. Both
D. None.
Answer» A. Invention

discuss

46.

Which of these is not a environmental barrier to entrepreneurship .

A. Lack of skilled labor
B. Custom of people
C. Lack of fund
D. Lack of infrastructure.
Answer» B. Custom of people

discuss

47.

Which of these is a social barrier to entrepreneurship.

A. low stales’
B. Custom of people
C. Both
D. None.
Answer» C. Both

discuss

48.

An inner urge in an individual to do sometimes is called ----------------.

A. Persistence
B. Initiative
C. Competency
D. Creativity.
Answer» B. Initiative

discuss

49.

Project for industrial development is an --------------------- project.

A. Quantifiable
B. Non- Quantifiable
C. Sect oral
D. Crash.
Answer» A. Quantifiable

discuss

50.

------------------ is the work of entrepreneurs.

A. Invention
B. Innovation
C. Both
D. None.
Answer» B. Innovation

discuss

51.

Additional capital cost are incurred -------- project to same time.

A. Quantifiable
B. Non- Quantifiable
C. Sect oral
D. Crash.
Answer» D. Crash.

discuss

52.

Large scale projects are an example of ------------- project.

A. Quantifiable
B. Magnitude
C. Sect oral
D. Crash.
Answer» B. Magnitude

discuss

53.

---------------- is the final report.

A. Feasibility report
B. Interim report
C. Project report
D. Progress report.
Answer» C. Project report

discuss

54.

Which of the following is not inciuded in utilities.

A. Raw material
B. Water
C. Power
D. Efficient disposal.
Answer» A. Raw material

discuss

55.

-------------------- skill helps an entrepreneur to establish an enterprise.

A. Communication
B. Decision making
C. project development
D. Management.
Answer» C. project development

discuss

56.

---------------- skills are necessary for an entrepreneur to deal with many people.

A. Communication
B. Decision making
C. project management
D. management.
Answer» A. Communication

discuss

57.

---------------- refers to manner in which a company’s inputs are transferred into output process.

A. Proces
B. Method
C. Technology
D. Method.
Answer» C. Technology

discuss

58.

---------------- is the huge investment in plant and machinery.

A. Labor intensive
B. Capital intensive
C. large scale
D. Medium scale
Answer» B. Capital intensive

discuss

59.

the discount rate must be determined in advance for the

A. Payback period
B. Time adjusted rate of return method
C. A R R
D. N P V Method.
Answer» D. N P V Method.

discuss

60.

Which one of the following is not a discounted cash flow technique.

A. A R R
B. I R RV
C. N P V
D. P I .
Answer» A. A R R

discuss

61.

The difference between the total preset value of a discount and the initial capital outlay is known asthe.

A. I R R
B. A R R
C. N P V
D. Net profit.
Answer» C. N P V

discuss

62.

--------------------- report is a document where all the detailes obtained from technical analysis ,financial analysis , profitability analysis etc. are put together.

A. Feasibility
B. Project
C. Both
D. None.
Answer» B. Project

discuss

63.

--------------- Analysis is concerned with identification of project demand potential and selection ofoptimal technology.

A. Techno economic
B. Social cost benefit
C. Network
D. Financial.
Answer» A. Techno economic

discuss

64.

-------- analysis concerned with the development of detailed work plan of the project and its timeprofile.

A. Techno-economic
B. Network
C. financial
D. Social cost benefit.
Answer» B. Network

discuss

65.

-------------------- analysis involves estimation of project costs and revenues and funds required for theproject.

A. Techno-economic
B. Network
C. Financial
D. Social cost benefit.
Answer» C. Financial

discuss

66.

---------------- analysis aims at analyzing the real contribution of an investment project towards welfareof country as a whole.

A. Techno-economic
B. Network
C. Financial
D. Social cost benefit
Answer» D. Social cost benefit

discuss

67.

------------------ helps to take investment decision.

A. Techno-economic
B. Technical
C. financial
D. pre-investment appraisal.
Answer» D. pre-investment appraisal.

discuss

68.

------------------- analysis is carried out to ascertain technical soundness of the project.

A. ) Techno-economic
B. Technical
C. financial
D. pre-investment appraisal.
Answer» B. Technical

discuss

69.

Project appraisal is the process of estimating the costs and benefits of a project to arrive at the ---------- decision.

A. Investment
B. Profitability
C. Liquidity
D. None of these.
Answer» A. Investment

discuss

70.

project appraised is usually done by a ------------------- institution.

A. Marketing
B. Financial
C. Production
D. None of these.
Answer» B. Financial

discuss

71.

Pay back period and APR methods are ------------------.

A. Traditional
B. Discounting
C. Modern
D. None.
Answer» A. Traditional

discuss

72.

N P V ,P I and ---------------- are the three discounted cash flow techniques.

A. A R R
B. I R R
C. N T V
D. Urgency.
Answer» B. I R R

discuss

73.

The discount rate at which present value of cash inflows equals to the present value of cash outflowsis called.

A. A R R
B. I R R
C. N T V
D. Urgency.
Answer» B. I R R

discuss

74.

------------------- is the done after the project is implemented .

A. management
B. Appraisal
C. Evaluation
D. N one.
Answer» C. Evaluation

discuss

75.

The main object of project appraised is .

A. To find whether the project is technically feasible
B. To ascertain whether the project is financially feasible
C. To decide whether to accept or reject a project.
D. To know whether the project is echo-friendly.
Answer» C. To decide whether to accept or reject a project.

discuss

76.

Project appraisal is done by.

A. Government
B. Financial institution only
C. Entrepreneurs only
D. Both financial institution and entrepreneur.
Answer» D. Both financial institution and entrepreneur.

discuss

77.

Which one is not an element of project appraisal.

A. Technical feasibility
B. Network analysis
C. Economic viability
D. Commercial.
Answer» B. Network analysis

discuss

78.

Which of the following is a technique of project identification.

A. Desk research
B. Sensitivity analysis
C. C P V analysis
D. None of these.
Answer» A. Desk research

discuss

79.

Whjch of the following is not a phase in the project life cycle.

A. Pre-investment phase
B. Construction phase
C. Normalization phase
D. Growth phase.
Answer» D. Growth phase.

discuss

80.

Which of the following is not a network technique.

A. C P M
B. P E R T
C. S W O T
D. L O B.
Answer» C. S W O T

discuss

81.

Shortest possible time to complete an activity is -----------------------.

A. Pessimistic time
B. Optimistic time
C. Most likely time
D. None of these.
Answer» B. Optimistic time

discuss

82.

Maximum possible time to complete an activity is ---------.

A. Pessimistic time
B. Optimistic time
C. Most likely time
D. None of these.
Answer» A. Pessimistic time

discuss

83.

Estimated time required in normal conditions complete an activity is -----------------.

A. Pessimistic time
B. Optimistic time
C. Most likely time
D. None of these.
Answer» C. Most likely time

discuss

84.

---------------------- is an equilibrium point.

A. Cash flow
B. Fund flow
C. Ratio
D. Break even.
Answer» D. Break even.

discuss

85.

-------------------- analysis is a technique commonly used to assess expected product profitability.

A. P E R T
B. C P M
C. B E
D. S W O T .
Answer» D. S W O T .

discuss

86.

------------- represents the activities and events of a project in a logical sequence.

A. Network diagram
B. project graph
C. Arrow diagram
D. All of these.
Answer» C. Arrow diagram

discuss

87.

------------------------ represents the start and end of an activity.

A. Event
B. Activity
C. Network
D. Slack.
Answer» A. Event

discuss

88.

Critical path in the longest ----- in the network.

A. Slack
B. Activity
C. Event
D. Path.
Answer» D. Path.

discuss

89.

A single lump sum which is given by a govt. to an entrepreneur to cover the cost is known as -------------.

A. Subsidy
B. Concession
C. Bounties
D. None of these.
Answer» A. Subsidy

discuss

90.

------------------- entrepreneurs neither introduce new changes nor adopt new methods innovated byothers.

A. Technical
B. Fabian
C. Induced
D. Business.
Answer» B. Fabian

discuss

91.

According to Schumpeter, is the most important function of a modern entrepreneur.

A. Innovation
B. Invention
C. Skill
D. Creativity.
Answer» A. Innovation

discuss

92.

Which of the following is a psychological factor affecting entrepreneurial growth.

A. Legitimacy of entrepreneurship
B. Social status
C. Need for achievement
D. None of these.
Answer» C. Need for achievement

discuss

93.

The capacity to develop new ideas, concepts and process is known as

A. Innovation
B. Invention
C. Skill
D. Creativity.
Answer» C. Skill

discuss

94.

A person who works within an organization and having entrepreneurial capabilities.

A. entrepreneur
B. Intrapreneure
C. Manager
D. Chief executive.
Answer» B. Intrapreneure

discuss

95.

A small scale industries is one in which the investment in plant and machinery is extended to -------------------.

A. 60lakh
B. 3crores
C. 25lakhs
D. 10lakhs
Answer» B. 3crores

discuss

96.

------------------- is the process of collection, compilation and analysis of economic data for thepurpose of finding out opportunities for investment.

A. Project screening
B. Project appraisal
C. Project identification
D. None of these.
Answer» C. Project identification

discuss

97.

The process of evaluating the project ideas with a view to select the best and premising idea aftereliminating the unprofitable idea is called----------------- of the project ideas.

A. Screening
B. Appraisal
C. Identification
D. None.
Answer» A. Screening

discuss

98.

------------------ analysis is done to ascertain financial viability of a project.

A. Network
B. Financial
C. Techno-economic
D. Input.
Answer» B. Financial

discuss

99.

---------- is an economic leader.

A. Manager
B. Entrepreneur
C. Intrapreneu
D. Executives.
Answer» B. Entrepreneur

discuss

100.

---------------- is a catalytic agent of change.

A. Organizer
B. Entrepreneur
C. Top executive
D. Visionary.
Answer» B. Entrepreneur

discuss

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