Entrepreneurship Management

61. The policy which stressed the role of cottage and small-scale industries for balanced industrial development of the country is ______________.

  1. IPR 1940.
  2. IPR 1948.
  3. IPR 1956.
  4. IPR 1977.
Correct answer: (B)
IPR 1948.

62. Under-capitalization arises due to ______________.

  1. excess of assets over the liabilities.
  2. excess of liabilities over the assets.
  3. actual capitalization is higher than the proper capitalization.
  4. actual capitalization is lower than the proper capitalization.
Correct answer: (D)
actual capitalization is lower than the proper capitalization.

63. A public corporation means ______________.

  1. public company.
  2. government company.
  3. statutory corporation.
  4. department of union government
Correct answer: (C)
statutory corporation.

64. A project, which may not add to the existing profits, should be financed by ______________

  1. debentures.
  2. preference share capital.
  3. equity capital.
  4. public deposits.
Correct answer: (A)
debentures.

65. The charter of a company is its ______________.

  1. prospectus.
  2. statement lieu of prospectus.
  3. memorandum of association.
  4. articles of association.
Correct answer: (A)
prospectus.

66. As a new company grows, the entrepreneur will need to ______________.

  1. be responsive to changes in the market.
  2. ensure financial controls are maintained.
  3. build a management team.
  4. all the above.
Correct answer: (D)
all the above.

67. The minimum amount of __________ irrespective of such private participation,could be specified at a minimum 17.5 per cent of project costs by lending institutions.

  1. bank loans
  2. promotors contribution
  3. fixed capital
  4. working capital
Correct answer: (B)
promotors contribution

68. The content of the final report typically includes the following topics ______________.

  1. Executive summary
  2. review and analysis
  3. recommendations
  4. If all the above are correct.
Correct answer: (D)
If all the above are correct.

69. _____________ describes the direction, the enterprise is going in, what its goals are, where it wants to be,and how it is going to get there.

  1. project report
  2. technical anlaysis
  3. market analysis
  4. financial analysis
Correct answer: (A)
project report

70. Someone who improves an existing business can be called ______________.

  1. A changeling.
  2. A professional.
  3. A co-worker.
  4. An intrapreneur.
Correct answer: (D)
An intrapreneur.
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