R.T.M. NAGPUR UNIVERSITY                         SUMMER-2021 EXAM          BBA  - V SEM                                                      SUBJECT - ENTREPRENEURSHIP DEVELOPMENT  
MCQ type Questions. Each question carry 4 marks .
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1) _______________ actions by an entrepreneur is most likely to contribute to creative destruction.

4 points
Clear selection
2) The resistance of employees in an organization against flexibility, growth, and diversification can be overcome by developing_____________.


4 points
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3) _____________ shows the process of creating something new.


4 points
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4) Which one of the following is an advantage of the small firm in the innovation process?
A. Ability of the entrepreneur to carry out multiple tasks



4 points
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5) MSME is defined under which act?


4 points
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6) In production sector, a micro enterprise is an enterprise where investment in plant and machinery does not exceed ______.


4 points
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7) In production sector, a small enterprise is an enterprise where the investment in plant and machinery is more than Rs. 25 lakh but does not exceed ______

4 points
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8) In production sector, amedium enterprise is an enterprise where the investment in plant and machinery is more than Rs.5 crore but does not exceed _____


4 points
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9) A composite loan limit of ______can be sanctioned by banks to enable the MSME entrepreneurs to avail of their working capital and term loan requirement through Single Window.


4 points
Clear selection
10) Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) was set up by Government of India and which of the following bank?


4 points
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11) Micro or Small Enterprise (as defined in the MSMED Act 2006) may be said to have become Sick, if
4 points
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12) The development of a new venture based on an inventor's work often requires   ________.
4 points
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13) A business where an individual is both the owner and conductor of the business affairs is called__________________.
4 points
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14) Entrepreneurs are best as ________________
4 points
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15) ______________ is one method of stimulating, and then capitalizing on, individuals in an organization who think that something can be done differently and better.
4 points
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16)  Entrepreneurship can best be described as:
4 points
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17) MSMED stands to ___________
4 points
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18) Which of the following is an internal factor that influences entrepreneurs?
4 points
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19) _____________ can be defined as psychological features that enable an individual to take action toward a desired goal?
4 points
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20) _______ implies that women entrepreneurs are now economically independent and take decisions independently.
4 points
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21) The term entrepreneur is translated as:
4 points
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22) Entrepreneurs take financial, _________, and ____________ risks.
4 points
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23) Which of the following skills is needed by an entrepreneur?
4 points
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24) ________ Process of creating incremental wealth is called Entrepreneurship.
4 points
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25) Which of the following areas are preferred by women entrepreneurs?
4 points
Clear selection
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