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A Notice inviting deposits from the public is ___________

Select one:
a. Deposit
b. None of these
c. Fund
d. Share

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The correct answer is: Deposit

Question 2
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Which of the following interest rates signifies RBIs long term stance of monetary policy?
Select one:
a. Repo Rate
b. CRR
c. Reverse Repo Rate
d. Bank rate

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The correct answer is: Bank rate

Question 3

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The capital clause of a company can be changed with the permission of _____________
Select one:
a. Court
b. None of the above
c. Company law board
d. Registrar

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The correct answer is: Court

Question 4
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First industrial financial institution in India was ___________
Select one:
a. ICICI
b. IFCI

c. SIDBI
d. UTI

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The correct answer is: ICICI

Question 5
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What functions do financial institutions traditionally perform?
Select one:
a. They spread risk
b. They concentrate risk
c. They immobilize savings
d. They offer only short - term finance

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The correct answer is: They spread risk

Question 6
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Which of the following is ALL India Financial Institution?
Select one:
a. RBI
b. ICICI
c. Canara Bank
d. SIDBI

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The correct answer is: SIDBI

Question 7
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Industrial Development Bank of India (IDBI) was established in __________
Select one:
a. 1967
b. 1964

c. 1965
d. 1966

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The correct answer is: 1964

Question 8
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____________ is the organization that maintains the borrowers history in India
Select one:
a. CARE
b. RBI
c. CIBIL
d. CRISIL

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The correct answer is: CIBIL

Question 9
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A company limited by shares
Select one:
a. Exists only in contemplation of law
b. Has unlimited liability
c. Has a perpetual succession
d. Comes to an end on the death of all the members

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The correct answer is: Has unlimited liability

Question 10
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Which among the following decides the Oil Prices in India?
Select one:
a. Government of respective States
b. Oil Companies
c. Government of India

d. Ministry of Petroleum

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The correct answer is: Oil Companies

Question 11
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Which of the following can be used for buy back of shares?
Select one:
a. All the above
b. Securities premium
c. Free reserves
d. Proceeds of fresh issue of shares

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The correct answer is: Free reserves

Question 12
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Which of the following organizations is the Mutual Fund Market regulator?
Select one:
a. SEBI
b. CIBIL
c. CRISIL
d. AMFI

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The correct answer is: SEBI

Question 13
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RBI regulates the interest rate on
Select one:
a. Savings deposits
b. FCNR

c. Current account
d. loans given to exporters

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The correct answer is: Savings deposits

Question 14
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Who among the following implements SHG-Bank linkage program?
Select one:
a. DENA Bank
b. IDBI
c. RRBs
d. ICICI

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The correct answer is: RRBs

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Under FEMA, the Reserve Bank of India has been authorised to make ________ to carry out the
provision of the Act.
Select one:
a. both rules and regulations
b. notifications
c. regulation
d. rules

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The correct answer is: regulation

Question 16
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The person who is holding share warrant will be a ____________ of the comapny.
Select one:
a. None of these
b. Partnership deed

c. Member
d. Shareholder

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The correct answer is: Shareholder

Question 17
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Generally rights and obligations of the company are regulated in
Select one:
a. M.O.A
b. Partnership deed
c. None of these
d. A.O.A

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The correct answer is: M.O.A

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Bonds sold foreign country and are denominated in a currency other than that of the country in
which they are sold known as
Select one:
a. Eurobonds
b. Foreign bonds
c. Eurocurrencies
d. Eurodollars

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The correct answer is: Eurobonds

Question 19
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Life Insurance and General Insurance Companies like LIC, ICICI Prudential, ICICI Lombard,
National Insurance etc., are regulated by which organization?
Select one:
a. IRDA

b. RBI
c. IBA
d. PFRDA

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The correct answer is: IRDA

Question 20
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On the recommendation of which committee was NABARD established?
Select one:
a. Shivraman
b. Malegam
c. Vijay Kelkar
d. Rangarajan

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The correct answer is: Shivraman
The _________ answers the question, What do we want to become? whereas _________answers
the question ,What is our business?
Select one:

a. Short-term objectives long-term objectives


b. Mission vision
c. Objectives strategies
d. Vision statement mission statement

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The correct answer is: Vision statement mission statement

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Internal analysis enables a firm to determine what the firm
Select one:
a. might do.
b. will do.
c. should do.
d. can do.

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The correct answer is: can do.

Question 3
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A marketing department that promises delivery quicker than the production department's ability
to produce is an example of a lack of understanding of the
Select one:
a. Synergy of the business units.
b. Interrelationships among functional areas and firm strategies.
c. Need to maintain the reputation of the company.
d. Organizational culture and leadership.

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The correct answer is: Interrelationships among functional areas and firm strategies.

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Through environmental scanning, organisations can monitor their:
Select one:
a. external environment.

b. relevant environment.
c. internal environment.
d. general environment.

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The correct answer is: relevant environment.

Question 5
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Cultural values would be part of which of the following factor in macro environment
Select one:
a. Ecological
b. Social
c. Natural
d. Economic

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The correct answer is: Social

Question 6
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In the value chain, primary activities are
Select one:
a. Directly involved in the production, marketing and delivery of the product or service
b. Directly involved in the production and delivery of the product or service
c. Those activities that are all undertaken in-house
d. Those activities that support the production, marketing and delivery of the product or
service

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The correct answer is: Directly involved in the production, marketing and delivery of the product
or service

Question 7
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Developing a vision and mission, identifying an organizations external opportunities and threats,
and determining internal strengths and weaknesses are all __________ activities.
Select one:
a. strategy-implementation

b. long-range planning
c. strategy-formulation
d. short-range planning

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The correct answer is: strategy-formulation

Question 8
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The means by which long term objectives of the company will be achieved are
Select one:
a. vision statements .
b. Strategies
c. long term goals
d. mission statements

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The correct answer is: Strategies

Question 9
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When strategy implementation requires specialised skills and delegation of authority the ideal
structure is
Select one:
a. SBU structure.
b. functional structure.
c. entrepreneurial structure.
d. divisional structure.

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The correct answer is: SBU structure.

Question 10
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Low cost, Differentiation and Focus are examples of
Select one:
a. Business Strategies
b. Corporate strategies

c. Operational Strategies
d. Functional Strategies

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The correct answer is: Business Strategies

Question 11
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The phenomenon of buyers market in the market environment is generally beneficial for the
Select one:
a. companies.
b. government .
c. industry.
d. customers .

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The correct answer is: customers .

Question 12
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BCG in BCG matrix stands for
Select one:
a. British Consulting Group
b. Boston Corporate Group
c. Boston Consulting Group
d. Boston Calmette Group

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The correct answer is: Boston Consulting Group

Question 13
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__________ is adding new, unrelated products or services for present customers.
Select one:
a. Conglomerate diversification
b. Concentric diversification
c. Product development

d. Horizontal diversification

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The correct answer is: Conglomerate diversification

Question 14
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The key activities in the strategic management process are:
Select one:
a. Formulation, analysis, implementation.
b. Analysis, formulation, review
c. Analysis, implementation, review
d. Analysis, formulation, implementation

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The correct answer is: Analysis, formulation, implementation

Question 15
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Economies of scale are derived from
Select one:
a. Achieving cheaper unit costs through making larger quantities
b. Increasing the number of markets served
c. Using cheaper raw materials
d. Increasing the breadth of the portfolio

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The correct answer is: Achieving cheaper unit costs through making larger quantities

Question 16
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What does Dog symbolize in BCG matrix
Select one:
a. Decline
b. Introduction

c. Growth
d. Maturity

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The correct answer is: Decline

Question 17
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XYZ Corp. is centering on the objective of low-cost, high quality, on-time production by
curtailing idle productive facilities and workers. The XYZ Corp. is taking advantage of a
____________ system.
Select one:
a. Last In, First Out (LIFO)
b. First In, First Out (FIFO)
c. Just-In-Time (JIT)
d. Highly mechanized

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The correct answer is: Just-In-Time (JIT)

Question 18
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An independent group of suppliers, such as farmers, gather to form a cooperative in order to sell
their products to buyers directly, replacing their previous distributor. This is an example of
Select one:
a. Threat of entry.
b. Threat of substitute products.
c. Backward integration.
d. Forward integration.

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The correct answer is: Backward integration.

Question 19
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In the case where an organization acquires its supplier, this is an example of
Select one:
a. a and b
b. Backwards vertical integration

c. Forwards vertical integration


d. Horizontal integration

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The correct answer is: Backwards vertical integration

Question 20
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The value chain is subdivided into two main headings. These are primary activities and
Select one:
a. Outsourced activities
b. Secondary activities
c. Support activities
d. Peripheral activities

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The correct answer is: Support activities
Which one of the given option is NOT having importance for a entrepreneur
Select one:
a. Provides employment to the people
b. creates wealth for the nation

c. provides self-sifficiency
d. contributes towards research & development system

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The correct answer is: provides self-sifficiency

Question 2
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Identify the TRUE statement
Select one:
a. An Entreprenuer wants to earn only profit
b. An Entrepreneur identofies the neeed to customer and make innovations
c. An Entrepreneur wants to make money without customer care
d. An Entrepreneur never would like to take any risk in his new venture

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The correct answer is: An Entrepreneur identofies the neeed to customer and make innovations

Question 3
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Business entrepreneur is effected by_____ Factors
Select one:
a. None of the mentioned
b. External
c. Both a & B
d. Internal

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The correct answer is: Both a & B

Question 4
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Which one is not function of an entrepreneur
Select one:
a. Resorcing
b. Feasibility study
c. Turning ideas into action

d. Shutting down the existing business

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The correct answer is: Shutting down the existing business

Question 5
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While selecting of line a business , an entrepreneur must keep in his mind
Select one:
a. Profits
b. Risk involved
c. All mentioned
d. Profitability

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The correct answer is: All mentioned

Question 6
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_______________set massive goals for themselves & stayed committed to achieve them
regardless of te obstacles that they get in the way.
Select one:
a. Government
b. Worker
c. Entrepreneurs
d. Vendors

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The correct answer is: Entrepreneurs

Question 7
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Who can start a business
Select one:
a. Only highly educated person
b. Any one mentioned

c. Only an uneducated person


d. Only rich person

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The correct answer is: Any one mentioned

Question 8
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Which of the following is NOT recognised as mis-concepton aboput great ideas.
Select one:
a. implementing ideas isnt the problem, getting one is a real task.
b. there are Nno stupid ideas
c. Great ideas just appear out of nowhere
d. all ideas that will ever be needed can be generated in a meeting

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The correct answer is: implementing ideas isnt the problem, getting one is a real task.

Question 9
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Point out the quality in an Entrepreneur
Select one:
a. Lack of experience
b. Initiative
c. Lack of Confidence
d. Lack ofdecision making ability

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The correct answer is: Initiative

Question 10
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A Cost benefit anaysis is carried out to assess__________
Select one:
a. Economic feasibility
b. All of the above

c. Operational feasibility
d. Technical feasibility

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The correct answer is: Economic feasibility

Question 11
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_______________generation entrepreneurs are those who do not possess any entrepreunral
background.
Select one:
a. Old
b. Modern
c. Third
d. First

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The correct answer is: First

Question 12
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Theory by Schumpeter is regarding
Select one:
a. Motivation
b. Innovation
c. Social change
d. High achievement

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The correct answer is: Innovation

Question 13
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Entrepreneurs _______
Select one:
a. recognise that failure is a natural part of the creative prpcess
b. are paraylsed by a fear of failure

c. both b & c
d. see failure for what is really is an opportunity to learn what doesnt work

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The correct answer is: both b & c

Question 14
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The technical characteristics of the small business would include allof the following except
Select one:
a. Significant influence in its industry
b. Independantly managed
c. Owned by an individual
d. Based locally ,even though the market might be widespread

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The correct answer is: Significant influence in its industry

Question 15
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One f the following is NOT a characteristic of a typical Entrepreneur_______
Select one:
a. Desire for responsibility
b. confidence in their ability to succeed
c. Preference for taking high risks
d. Desire for immediate feedback

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The correct answer is: confidence in their ability to succeed

Question 16
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Which problem is not true of a women entrepreneur
Select one:
a. Male dominated society
b. Limited mobility

c. Attitude
d. Family resistence

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The correct answer is: Attitude

Question 17
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It is the_____which tells the purpose of existence of business
Select one:
a. Vision
b. Mission
c. None of the mentioned
d. Both a & B

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The correct answer is: Both a & B

Question 18
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Incontext to the role of an Entreprenuer which is false statement _____Entrepreneuras a
Select one:
a. a Innovator
b. a Organiser
c. a risk bearer
d. a borrower

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The correct answer is: a borrower

Question 19
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A business arrangement where one party allows another party to use business Name & sell its
products or services is known as _______
Select one:
a. a limited company
b. an owner-manager business

c. a Co-operative
d. a franchise

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The correct answer is: a franchise

Question 20
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Theory by McCelland is regarding
Select one:
a. Motivation
b. Social change
c. Innovation
d. High achievement

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The correct answer is: High achievement
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