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Entrepreneurship Development Practice Test
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Avg score: 25% • Most missed: “…………………..is the master report”

Entrepreneurship Development is an ongoing process that encourages and enables entrepreneurs to take risks, create solutions and develop business ideas. Entrepreneurship Development is about learning to build a business from scratch. Entrepreneurship Development  als0 helps existing entrepreneurs evaluate their skill and knowledge and pick up on new techniques and ideas.

As a course, Entrepreneurship Development  al;so covers aspects like entrepreneurial manners, dynamics of a business, and its development and expansion.

Entrepreneurship Development Practice Test
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25 Questions

1. ………………………….. Skill refers to the ability to conceive new ideas and products..
2. ………………….. Is called fixed position layout:
3. ……… incubators transit the findings of research and development into new products and technologies.
4. The MSME Development Act came into force in the year……………………………….
5. SBA stands for:
6. Ability to use techniques ,procedures and tools of a specific field is called…………
7. Which of the following attitudes Is not generally associated with successful entrepreneurship :
8. discretionary responsibilities relates to
9. All of the following are characteristics shared by those who excel at recognizing opportunities EXCEPT:
10. All but which of the following is considered to be a myth associated with entrepreneurship?
11. operate in their traditional way and resist changes
12. A provisional SSI registration certificate is valid for a period of __________.
13. Which of the following is not a technique of financial analysis:
14. …………..is made up of a core group of highly specialized firms the same industry.
15. corporate social responsibility leads to
16. …………………..is the master report
17. Payback period and ARR methods are …………………..
18. ……………………..provides clues to pertinent questions like “what, why, how, when and where of the project.
19. ……………… skills are necessary for an entrepreneur to deal with many people.
20. …………………………….. Refers to the arrangement of machines, equipments and other physical facilities within factory premises:
21. District Industries Centres are located ____________.
22. Payback period and ARR methods are …………………..
23. ………..is the advance given to cover the finance requirement during the time lag between sanctioning and disbursement of term loan by financial institutions.
24. The discount rate at which present value of cash inflows equals to the present value of cash outflows is called …………………..
25. Maslow’s Hierarchy of needs theory is governed by the fact that:

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