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Entrepreneurship Development Practice Test
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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. The MSME Development Act came into force in the year……………………………….
2. ……………are activities that must be completed immediately prior to the start of another activity.
3. Which of the following factors does the macro-environment
4. ……………………… study is a systematic method adopted to find out the possibility and practicability of starting a project.
5. ……………..is a combination of knowledge, skills and appropriate motives that an individual must possess to perform a given task.
6. ……………skill relates to accounting and financing control, marketing, production planning and inventory control and to manage people who work in the enterprise.
7. Intrapreneurship is also known as
8. Large scale projects are an example of …………….project
9. ……………… skills are necessary for an entrepreneur to deal with many people.
10. …………….incubators seek to commercialize new product or service
11. ………………………analysis is a technique commonly used to assess expected product profitability.
12. Which of the following is a technique of project identification:
13. Which of the these are not industries promotional institution
14. Technology developed within a country is called …………………………….
15. ……………… Refers to the volume that can be manufactured during a given period:
16. Which of these is a problem of MSMEs
17. Profitability index shows benefits from the proposal in :
18. …………..is made up of a core group of highly specialized firms the same industry.
19. Project appraisal is the process of estimating the costs and benefits of a project to arrive at the ………………………decision.
20. . 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
21. Which of the following factors should not be included in PESTLE analysis?
22. Node represents…………………………
23. Entrepreneurship development is slow in Kerala because:
24. NPV, PI and ………………………. are the three discounted cash flow techniques.
25. Arrangement where payments to suppliers are made in agreed installments over a specified period of time at some agreed rate of interest on the outstanding balance.