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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. Which of these is a social barrier to entrepreneurship
2. ………………. Give right to use patented technology and get related know-how on mutually agreed basis:
3. In ……………………… machines dedicated to sequences of production are grouped into cells:
4. 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.
5. Department of industries and commerce formulated a scheme to set up ………………. To inculcate entrepreneurial culture amongst youth.
6. ………………… Refers to the board area where the enterprise is to be established:
7. discretionary responsibilities relates to
8. Payback period and ARR methods are …………………..
9. ……… incubators transit the findings of research and development into new products and technologies.
10. Entrepreneurial culture and growth orientation consists of all of the following except:
11. ______________ is a form of financing especially for funding high technology, high risk and Perceived high reward projects
12. The advance given to cover the finance requirement during the time lag between the sanctioning and disbursement of term loan by financial institutions is known as…………..
13. EXIM bank is a __________.
14. ………………. Analysis involves estimation of project costs and revenues and funds required for the project:
15. Decision regarding factory design is part of :
16. designed to produce numerous ideas in a short period
17. Mathematical relationship between two figures taken from financial statements is called……….
18. Incubators organised by the government are called………………
19. . 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
20. The scheme of ED Clubs will be implemented by ………………..
21. ……………… skills are necessary for an entrepreneur to deal with many people.
22. A ______________ is a professional money manager who makes risk investment from a pool of equity capital to obtain a high rate of return on investments.
23. After screening the ideas, they are translated into project………………………………….
24. All of the following are characteristics shared by those who excel at recognizing opportunities EXCEPT:
25. ………………………….. Skill refers to the ability to conceive new ideas and products..

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