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Dr.G.R.Damodaran College of Science
(Autonomous, affiliated to the Bharathiar University, recognized by the UGC)Re-
accredited at the 'A' Grade Level by the NAAC and ISO 9001:2008 Certified
CRISL rated 'A' (TN) for MBA and MIB Programmes
III BBA [2011-14 BATCH]
SEMESTER VI
SKILL BASED SUBJECT : ENTREPRENEURSHIP AND PROJECT MANAGEMENT - 601B
Multiple Choice Questions.
1. A short-term, internal source of funds can be obtained by reducing all of the following
except_____________.
A. short-term assets
B. fixed assets
C. cash
D. Inventory
ANSWER: C
2. Which one of the following is not an Intrapreneurial leadership characteristic?
A. Encourage the team work
B. Not flexible
C. Understands environment
D. Persistent
ANSWER: B
3. Which of the following factor does not affect a person for being an entrepreneur?
A. Education
B. Gender
C. Personal values
D. Family background
ANSWER: B
4. Which one of the following is a barrier to new product creation and development?
A. Intrapreneurship culture
B. Opportunity parameter
C. Trail & error
D. Opportunity cost
ANSWER: A
5. Which of the following has a contradictory relationship with an individual for being an entrepreneur?
A. Parents social status
B. Parents occupation
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C. His birth order
D. Relationship with parents
ANSWER: B
6. In which of the following sources the large positive cash flow may need to be invested?
A. Long term
B. Short term
C. Average term
D. Medium term
ANSWER: B
7. There is evidence that an entrepreneur usually has ________ parents.
A. self employed
B. discouraged
C. strict
D. non supportive
ANSWER: A
8. The entrepreneur must possess the abilities of ____________.
A. conceptualization
B. creative
C. understanding environment
D. all of the given options
ANSWER: D
9. GATT is established in 1947, under ___________.
A. China leadership
B. Japan leadership
C. U.S. leadership
D. U.K leadership
ANSWER: C
10. Which of the following is the previous name of SME?
A. SPCC
B. SMEDA
C. SBFC
D. FMBC
ANSWER: B
11. Which one of the following is the way by which an entrepreneur can enter into international business?
A. Export
B. Non equity arrangements
C. Direct foreign investment
D. All the above
ANSWER: D
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12. Which of the following is not a characteristic of an entrepreneur?
A. Need for independence
B. Need for affiliation
C. Need for achievement
D. Risk taking
ANSWER: B
13. People who own, operate, and take risk of a business venture is known as ____________.
A. Aptitude
B. Employee
C. Entrepreneurs
D. Entrepreneurship
ANSWER: C
14. An entrepreneur doing business within the national border is called __________.
A. international entrepreneurship
B. intrapreneurship
C. domestic entrepreneur
D. imports
ANSWER: C
15. What type of entrepreneurial business actually produces the products they sell?
A. Manufacturing
B. Wholesaling
C. Retailing
D. Service
ANSWER: A
16. The assessment of the needed resources by the entrepreneur starts with __________.
A. an appraisal of the entrepreneurs present resources
B. an assessment of economic conditions of the country
C. a scanning of friends and family for funds
D. a survey of banks and other financial institutions in the area
ANSWER: C
17. Which are not the main Components of project management?
A. Adequate control is exercised.
B. Concept and pre-feasibility study
C. A clear defined project objective
D. Evaluation and financing arrangements.
ANSWER: C
18. Project overrun is a frightening _________________facing India.
A. financial problem
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B. resource problem
C. economic problem
D. research problem
ANSWER: C
19. Project engineering and investment costs is an angle to ensure________.
A. pre-feasibility
B. detailed project report
C. techno-economic feasibility
D. project decision
ANSWER: D
20. Project phases allow for effective control at the_____________.
A. project cost
B. funding level
C. estimation
D. quality
ANSWER: B
21. Planning and controlling the task is the ________________of a project manager.
A. strategy
B. responsibility
C. procedure
D. duty
ANSWER: B
22. The documentation required at the end of each phase of a small project can be defined by sub setting the
documentation for a ________________.
A. special project
B. specified project
C. typical project
D. well designed project
ANSWER: C
23. ___________________ is an entrepreneurial system whereby an individual runs a business based on the
right to make a product or service granted by a manufacture or other organisation.
A. Franchising
B. Trademark
C. Patent Right
D. None of the above
ANSWER: A
24. ______________ is the company which perceived that the computer market is very big.
A. Apple
B. Dell
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C. Sony
D. Toshiba
ANSWER: A
25. Stauworth and Curran have explained entrepreneurship in terms of _______________
A. economic development
B. protectionism
C. monopoly
D. social marginality
ANSWER: D
26. Increase in ______________ generally leads to opportunities for investment and a higher level of
economic activity.
A. gross national product
B. per capita income
C. gross domestic product
D. financial institutions
ANSWER: B
27. Expanding economy serves as an accelerator to _______________
A. entrepreneurship
B. intrapreneurship
C. soleproprietorship
D. economic development
ANSWER: A
28. Capital, labor, raw materials, and market are considered to be ____________ factors effecting
entrepreneurial growth.
A. non-economic
B. economic
C. micro
D. macro
ANSWER: B
29. The word entrepreneurship has been derived from a ____________ which means ' to undertake'.
A. french root
B. greek root
C. roman root
D. italian root
ANSWER: A
30. According to Schumpeter, entrepreneurship is a ____________ activity.
A. creative
B. leadership
C. managerial
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D. organisational
ANSWER: A
31. Entrepreneurial task depend upon the personality of the entrepreneur, organisational structure and
_____________.
A. the environment
B. the market
C. the labour
D. the government
ANSWER: A
32. The term intrapreneur is coined in ________________.
A. America
B. Africa
C. Australia
D. Antartica
ANSWER: A
33. The term intrapreneurship is coined in late ________.
A. fifties
B. sixties
C. seventies
D. eighties
ANSWER: C
34. The notion of _____________ requires that managers inside the company should be encouraged to be
entrepreneurs within the firm rather than go outside.
A. entrepreneurship
B. intrapreneurship
C. motivation
D. remuneration
ANSWER: B
35. Who among the following neither raises the capital himself nor guarantees any return to the supplier of
capital?
A. intrapreneur
B. director
C. profit sharing partner
D. managing director
ANSWER: A
36. Who is the first economist to differentiate the function and remuneration of the entrepreneur from
capitalist?
A. F.H.Knight
B. Adam Smith
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C. J.B.Say
D. Alfred Marshall
ANSWER: C
37. Who differentiated the functions of capitalist and management?
A. F.H.Knight
B. Adam Smith
C. J.B.Say
D. Alfred Marshall
ANSWER: D
38. Who said the term "Successful innovators are not risk takers"?
A. Adam Smith
B. J.B.Say
C. Drucker
D. Alfred Marshall
ANSWER: C
39. ______________ is the one who keeps running a business on established lines.
A. manager
B. director
C. entrepreneur
D. partner
ANSWER: A
40. The difference in the entrepreneurial and managerial domains has contributed towards an increase in
interest is ___________.
A. Forming new firms.
B. Partnership.
C. Intrapreneurship.
D. Private firms.
ANSWER: A
41. To manage these projects successfully the country will need thousands of _____________.
A. research and development personnels.
B. financial investors.
C. efficient project Managers.
D. skilled workers.
ANSWER: C
42. _____________ entrepreneurs are characterized by aggressive assemblage of information and analysis of
results derived from sound combination of factors.
A. Innovative
B. Adoptive
C. Fabian
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D. Drone
ANSWER: A
43. ________________ type of entrepreneurs are particularly important for underdeveloped countries
because they contribute significantly to the development of such nations.
A. Innovative
B. Adoptive
C. Fabian
D. Drone
ANSWER: B
44. ______________ type of entrepreneurs are very cautious and skeptical while practising any change.
A. Innovative
B. Adoptive
C. Fabian
D. Drone
ANSWER: C
45. _______________ entrepreneurship is characterized by a refusal to adopt and use opportunities to make
changes in production.
A. Innovative
B. Adoptive
C. Fabian
D. Drone
ANSWER: D
46. In small scale sector ______________ are dominant.
A. institutional entrepreneurs
B. entrepreneurs by inheritance
C. technologist entrepreneurs
D. forced entrepreneurs
ANSWER: A
47. Managing entrepreneurs whose chief goal is __________.
A. security
B. power
C. excitement
D. ambitious
ANSWER: A
48. Which one among the following is considered as one of the important economic factor which determine
entrepreneurial growth?
A. Government
B. Politics
C. Market
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D. Society
ANSWER: C
49. Entrepreneurial management is noted for its ability to react quickly and effectively to new ___________.
A. market
B. business opportunities
C. product
D. technology
ANSWER: B
50. SIET means ___________.
A. Small Industry Extension Training
B. Small Industry Ethical Training
C. Small Industry Emergency Training
D. Small Industry Educational Training
ANSWER: A
51. Which of the following is the back bone of financial plan?
A. Budgeting.
B. Capital.
C. Nature of business.
D. Cost of production.
ANSWER: B
52. According to McClellands need theory, entrepreneurs possess which of the following needs?
A. Need for achievement.
B. Need for power.
C. Need for affiliation.
D. Need for esteem.
ANSWER: A
53. Which one of the following is the uncontrollable factor in international trade?
A. Economic
B. Cultural
C. Technological
D. All the above
ANSWER: D
54. Female entrepreneur differs from male entrepreneur in terms of the following except ____________.
A. Motivation
B. Business skill.
C. Departure point
D. Goal orientation
ANSWER: A
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55. Selling goods to another country through a person in entrepreneurs home country is known as
____________.
A. Trading
B. Direct export
C. Indirect export
D. Domestic sales
ANSWER: C
56. Which one of the following is the way by which an entrepreneur can enter into international business?
A. Export
B. Non equity arrangements
C. Direct foreign investment
D. All the above
ANSWER: D
57. Which of the following is alternatively called corporate venturing?
A. Entrepreneurship
B. Intrapreneurship
C. Act of stating a new venture
D. Offering new products by an existing company
ANSWER: B
58. The term EDP refers to _____________.
A. Entrepreneurship Development Programme.
B. Entrepreneurial Development Programme.
C. Entrepreneur Development Programme.
D. Entrepreneuring Development Programme.
ANSWER: A
59. _________ promotes the creation and/or growth of enterprises through a National Team of Trainers and
Counselors that provides training and counseling to young promoters to establish their own business and to
reduce the failure rate of start-ups, contributing thereof to the economic growth of the Country.
A. EDQ
B. EDN
C. EDC
D. EDP
ANSWER: D
60. EDPs are conducted by _____________.
A. entrepreneurs
B. specialised institutions
C. business community
D. government
ANSWER: B
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61. __________ is an apex Institute in the area of Entrepreneurship and Small Business Development under
the Ministry of Micro, Small and Medium Enterprises Government of India.
A. NIESBUA
B. NIESBUB
C. NIESBUC
D. NIESBUD
ANSWER: D
62. ___________ has helped to set up twelve state-level exclusive entrepreneurship development centres and
institutes.
A. Entrepreneurship Development Institute of India
B. State Bank of India
C. Reserve Bank
D. Industrial Finance Corporation of India
ANSWER: A
63. ______________ presupposes commitment to tasks to be performed with well defined objectives,
schedules and budget.
A. Plan
B. Project
C. Schedule
D. Proposal
ANSWER: B
64. Projects concerned with industrial development, power generation, mineral development will be
considered as ___________.
A. quantifiable project
B. sectoral project
C. techno-economic project
D. feasibility project
ANSWER: A
65. Indian Planning Commission classifies the projects under the category of ____________.
A. economic development
B. sectors
C. quantity
D. factor intensity
ANSWER: B
66. _______________ is concerned with the collection, compilation and analysis of economic data for the
eventual purpose of locating possible opportunities for investment.
A. Project selection
B. Project evaluation
C. Project identification
D. Project segmentation
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ANSWER: C
67. Every project has ____________ basic dimensions.
A. 1
B. 2
C. 3
D. 4
ANSWER: C
68. What are the the 3 basic dimensions of a project?
A. input, output and process
B. input, output and materials
C. input, output and social cost and benefits
D. input, output and features
ANSWER: C
69. _____________ is an important element in the project planning cycle.
A. Project objective
B. Project idea
C. Project identification
D. Project selection
ANSWER: A
70. _____________ are economical and social in nature.
A. Project objective
B. Project idea
C. Project identification
D. Project selection
ANSWER: A
71. _________________ is the first phase in project life cycle.
A. The introduction phase
B. The pre-investment phase
C. The construction phase
D. The normalisation phase
ANSWER: B
72. ____________ phase in the project life cycle begin after the investment decision is taken.
A. The post-investment phase
B. The construction phase
C. The normalisation phase
D. The reconstruction phase
ANSWER: B
73. The asset created during the construction phase are utilised during the _____________
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A. The pre-investment phase
B. The post-investment phase
C. The reconstruction phase
D. The normalisation phase
ANSWER: D
74. There are ___________ stages in project life cycle.
A. 1
B. 2
C. 3
D. 4
ANSWER: C
75. _____________ is the systematic development of a project idea for the eventual objective of arriving an
investment decision.
A. Project objective
B. Project identification
C. Project selection
D. Project formulation
ANSWER: D
76. ____________ analysis is primarily concerned with the identification of the project demand potential and
the selection of the optimal technology suitable for achieving the project objectives.
A. Feasibility
B. Pre-feasibility
C. Techno-Economic
D. Network
ANSWER: C
77. ___________ is the heart of a project.
A. Project idea
B. Project design
C. Project identification
D. Project selection
ANSWER: B
78. The purpose of financial analysis is to determine __________ of the project.
A. input feasibility
B. output feasibility
C. financial feasibility
D. cost-benefit feasibility
ANSWER: C
79. The inter-relationship between various contituent activities of a project is generally depicted in the form of
____________.
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A. network diagram
B. project design
C. feasibility diagram
D. input diagram
ANSWER: A
80. _____________ is an investigating process which precedes investment decision.
A. Project idea
B. Project identification
C. Project formulation
D. Project selection
ANSWER: C
81. Project formulation and its implementation are the two essential functions of ____________.
A. project design
B. project management
C. project selection
D. project formulation
ANSWER: B
82. Expand CPM.
A. Critical Path Method
B. Critical Par Method
C. Critical Project Method
D. Critical Price Method
ANSWER: A
83. _____________ is primarily a scheduling technique.
A. PERT
B. CPM
C. GERT
D. LOB
ANSWER: A
84. The British Atomic Energy Authority developed a networking system called _____________.
A. PERT
B. CPM
C. GERT
D. WASP
ANSWER: D
85. ___________ refers to some action which is a time consuming effort necessary to complete specific
event.
A. Network
B. Activity
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C. Node
D. Line of Balance
ANSWER: B
86. An individual who initiates, creates and manages a new business can be called_______
A. A leader.
B. A manager.
C. A professional.
D. An entrepreneur
ANSWER: D
87. A person owning and running a small firm, is known as________
A. A manager-owner.
B. An owner-manager .
C. A professional adapter.
D. An enterprise worker.
ANSWER: B
88. Someone who improves an existing business can be called _________
A. An intrapreneur
B. A professional
C. A co-worker.
D. A changeling.
ANSWER: A
89. Where individual skills are collectively integrated into a group, this is known as _____________.
A. Collective entrepreneurship
B. Intrapreneurship.
C. Team entrepreneurship
D. Dual innovation.
ANSWER: C
90. Which of the following government actions could contribute to a more entrepreneurial society?
A. Deregulation.
B. Financial start-up.
C. Information and advice.
D. All the above.
ANSWER: D
91. Which industrial sector tends to naturally promote small-scale businesses and entrepreneurship, and
generally has lower barriers to market entry
A. Service.
B. Manufacturing.
C. Distribution.
D. Agriculture.
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ANSWER: A
92. As a new company grows, the entrepreneur will need to _____________.
A. be responsive to changes in the market.
B. ensure financial controls are maintained.
C. build a management team.
D. all the above.
ANSWER: D
93. One of the common mistakes when starting a new business venture is being overoptimistic about market
size. This could be a result of _______________.
A. proper planning.
B. poor market research.
C. diversifying too soon.
D. focusing on sales volume rather than profit.
ANSWER: B
94. Which one of the following is not a factor of production?
A. Capital.
B. E-business.
C. Physical resources.
D. Labour.
ANSWER: B
95. An entrepreneur into the hosiery business found out the reason his hosiery was not selling was due to its
color. Who among the following can be considered as one of the best source of this information?
A. Supplier.
B. Retailer.
C. Competition.
D. Government bureau.
ANSWER: B
96. The importance of intellectual property should be understood by entrepreneur even before
_____________.
A. hiring a manager.
B. engaging an attorney.
C. developing a product.
D. establishing new venture.
ANSWER: C
97. Which of the following statements best describes the context for entrepreneurship?
A. Entrepreneurship takes place in small businesses.
B. Entrepreneurship takes place in large businesses.
C. Entrepreneurship takes place in a wide variety of contexts.
D. Entrepreneurship does not take place in social enterprises.
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ANSWER: C
98. Entrepreneurs are motivated by ___________.
A. money.
B. personal values.
C. pull influences.
D. All the above.
ANSWER: D
99. Innovation can best be defined as___________.
A. the generation of new ideas.
B. the evolution of new ideas.
C. the opposite of creativity.
D. the successful exploitation of new ideas.
ANSWER: D
100. An entrepreneur who owns more than one business at a time is called ____________.
A. an intrapreneur.
B. a corporate entrepreneur.
C. a portfolio entrepreneur.
D. None of the above.
ANSWER: C
101. An entrepreneur who runs a business sells it and moves onto another venture in a relatively short time is
called as _______________.
A. a failed entrepreneur.
B. a serial entrepreneur.
C. a multiple entrepreneur.
D. secondary entrepreneur.
ANSWER: B
102. 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.
ANSWER: D
103. SFC stands for____________.
A. State financial committee.
B. State funding corporation.
C. State finance corporation.
D. State funding committee.
ANSWER: C
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104. State Industrial corporations engage in the development of_____________.
A. industrial estates.
B. institutional estates.
C. individual investors.
D. agricultural entrepreneurs.
ANSWER: A
105. IFCI stands for_____________.
A. Industrial Finance Corporation of India.
B. Institutional Finance Corporation of India.
C. Industrial Funding Corporation of India.
D. Indian Finance Corporation and Institution.
ANSWER: A
106. IFCI was established in the year___________.
A. 1985.
B. 1984.
C. 1980.
D. 1987.
ANSWER: B
107. IFCI provides____________.
A. medium term credit.
B. short term credit.
C. medium and long term credit.
D. long term credit.
ANSWER: C
108. IFCI has been converted into a______________.
A. joint stock company.
B. co-operative society.
C. partnership firm.
D. sole proprietorship.
ANSWER: A
109. Assistance from IFCI is available for____________.
A. setting up of new industrial projects
B. expansion of existing units.
C. renovation and modernization.
D. All of the above.
ANSWER: D
110. SIDBI stands for ____________.
A. Small Institutions Development Bank of India.
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B. Small Industries Development Bank of India.
C. Small Industries Derivatives Bank of India.
D. Small Industries Development Bureau of India.
ANSWER: B
111. SIDBI was set up in the year____________.
A. 1987.
B. 1988.
C. 1989.
D. 1990.
ANSWER: C
112. SIDBI was set up as a subsidiary of____________.
A. IDBI.
B. IFCI.
C. ICICI.
D. SFC.
ANSWER: A
113. The initial authorized capital of SIDBI is___________.
A. Rs. 350 crores.
B. Rs. 450 crores.
C. Rs. 250 crores.
D. Rs. 150 crores.
ANSWER: C
114. 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.
ANSWER: D
115. SFC was set up under __________.
A. State financial corporation Act 1951.
B. State financial corporation Act 1952.
C. State financial corporation Act 1953.
D. State financial corporation Act 1954.
ANSWER: A
116. Financial resources of SFCs consist of _____________.
A. paid up capital.
B. reserve funds.
C. borrowings from RBI.
D. all the above.
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ANSWER: D
117. SFCs assistance to technically qualified people without enough funds is known as _______________.
A. seed capital scheme.
B. capital assistance scheme.
C. technical entrepreneurs scheme.
D. investment scheme.
ANSWER: A
118. SFC Act was amended in the year __________.
A. 1970.
B. 1971.
C. 1972.
D. 1973.
ANSWER: C
119. SFC is prohibited from granting financial assistance to any company whose aggregate paid up capital
exceed_____________.
A. 1 crore.
B. 1.5 crores.
C. 2 crores.
D. 2.5 crores.
ANSWER: A
120. The loans given by SFCs are usually for a period upto ____________.
A. 8 or 10 years.
B. 10 or 12 years.
C. 12 or 14 years.
D. 14 or 16 years.
ANSWER: B
121. A concessional rate of interest is charged by SFC in case of_____________.
A. small scale industries.
B. units in backward areas.
C. units set up by technical entrepreneurs.
D. All the above.
ANSWER: D
122. SIDC stands for ____________.
A. State Industrial Development Corporation.
B. Small Industries Development Corporation.
C. State Institutional Development Corporation.
D. Small Institutional Development Corporation.
ANSWER: A
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123. SIDC was set up under the_____________.
A. Co-operative societies Act.
B. Companies Act.
C. Industries Act.
D. Partnership Act.
ANSWER: B
124. The financial resources of SIDC consist of ___________.
A. paid-up capital.
B. loans from State govt.
C. refinance from RBI.
D. all of the above.
ANSWER: D
125. SIPCOT stands for _______________.
A. Small Industries Promotion Corporation of Tamil Nadu Limited.
B. Small Institutes Promotion Corporation of Tamil Nadu Limited.
C. State Industries Promotion Corporation of Tamil Nadu Limited.
D. Small Institutes Promotion Corporation of Tamil Nadu Limited.
ANSWER: C
126. SIPCOT was set up in the year __________.
A. 1970.
B. 1971.
C. 1972.
D. 1973.
ANSWER: B
127. SIPCOT is wholly owned by the ____________.
A. Government of Karnataka.
B. Government of Andhra Pradesh.
C. Government of Kerala.
D. Government of Tamil Nadu.
ANSWER: D
128. SIPCOT is a ____________.
A. public limited company.
B. private limited company.
C. co-operative society.
D. partnership firm.
ANSWER: A
129. SIPCOT commenced its activities in ____________.
A. January 1972.
B. February 1972.
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C. March 1972.
D. April 1972.
ANSWER: A
130. Expand NSTC ____________.
A. National small Industries Corporation.
B. National stock industries corporation.
C. National stock incorporation.
D. National small industries committee.
ANSWER: A
131. _________has been recognized as the nodal agency to support the small scale industry export
promotion.
A. SIDO
B. TDC
C. NSIC
D. IFSC
ANSWER: A
132. The term ____________denotes bonus or financial aid which is given by a government to an industry to
help it compete with another unit in a nation or in a foreign market.
A. incentive.
B. subsidy.
C. concession.
D. bounty.
ANSWER: D
133. It becomes necessary to do ____________after a project idea has withstood the tests of feasibility
analysis and network analysis.
A. input analysis.
B. financial analysis.
C. project design.
D. costs benefit analysis.
ANSWER: A
134. ________________ analysis need some adjustments in the data relating to the costs and return to the
enterprise.
A. Financial.
B. Cost-benefit.
C. Economic.
D. Techno-economic.
ANSWER: C
135. ________________ is designed to overcome this fundamental weakness in the relationship between
lending agency and the project sponsoring body.
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A. Proposal.
B. Project idea.
C. Project formulation.
D. Project appraisal.
ANSWER: C
136. _____________ implies a systematic program of intervention in all spheres of economic and social life
based on the available knowledge of the conditions and their inter relationship.
A. Proposal.
B. Project.
C. Planning.
D. Management.
ANSWER: C
137. A strong impact on the selection and formulation of projects in both private and public sectors would be
exercised through __________.
A. Micro economic planning.
B. Macroeconomic planning.
C. Economic Planning.
D. Project Selection.
ANSWER: A
138. TIIC stands for _____________.
A. Tamil Nadu Industrial Investment Corporation Limited
B. Tamil Nadu Institutional Investment Corporation Limited
C. Tamil Nadu Industrial Investment Committee Limited.
D. Tamil Nadu Institutional Investment Committee Limited.
ANSWER: A
139. TIIC is sponsored by the ____________.
A. Government of Karnataka.
B. Government of Andhra Pradesh.
C. Government of Kerala.
D. Government of Tamil Nadu.
ANSWER: D
140. __________ is the first state level financial institution in the country.
A. TIIC.
B. SFC.
C. SIDBI.
D. SIDC.
ANSWER: A
141. TIIC was started in __________.
A. 1946.
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B. 1947.
C. 1948.
D. 1949.
ANSWER: D
142. There are __________ TIIC branches in Tamil Nadu.
A. 15.
B. 20.
C. 18.
D. 17.
ANSWER: A
143. TIIC offers assistance to __________.
A. tiny units.
B. small scale units.
C. . medium scale units.
D. all the above.
ANSWER: D
144. TIIC will not consider financial assistance when the project cost exceeds __________.
A. 1crore.
B. 3crores.
C. 5crores.
D. 6crores.
ANSWER: B
145. TIIC does not provide loan for __________.
A. working capital
B. acquisition of land
C. expansion and diversification
D. modernization
ANSWER: A
146. RCI stands for __________.
A. Re-investment corporation of India.
B. Re-investment committee of India.
C. Refinance corporation of India.
D. Refinance committee of India.
ANSWER: C
147. RCI was created in __________.
A. 1958.
B. 1968.
C. 1948.
D. 1978.
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ANSWER: A
148. In backward areas, term loans for expansion or setting up a new unit are available at __________.
A. concessional terms.
B. differential terms.
C. standard terms.
D. specific terms.
ANSWER: A
149. Refinance to commercial banks is granted only for loans ranging between __________.
A. 1 and 5 years.
B. 3 and 6 years.
C. 3 and 10 years.
D. 3 and 10 years.
ANSWER: D
150. Technical feasibility examines the project with reference to __________.
A. location.
B. land and building.
C. technical competence.
D. all the above.
ANSWER: D
Staff Name
KAVITHA.M.

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