CBSE Questions for Class 11 Commerce Business Studies Small Business And Entrepreneurship Quiz 5 - MCQExams.com

State the full form of NABARD____________________.
  • National Bank for Agrarian and Rural Development
  • National Bank for Agriculture and Rural Development
  • National Agriculture Bank for Rural Development
  • None of the above
________ is the first of its kind set up by the world association for small and medium enterprises and is sponsored by NABARD.
  • NSIC
  • SIDBI
  • RSBDC
  • Both A and B
Scheme of fund for regeneration of traditional industries was set up in ________.
  • 2005
  • 2004
  • 2001
  • 2000
__________ is the only International Non-Governmental Organisation of micro, small and medium enterprises based in India, which set up an International Committee for Rural Industrialization.
  • SFURTI
  • WASME
  • RWED
  • NCEUS
________ programme aims at promoting a conducive business environment and at building institutional and human capacities that will encourage and support the entrepreneurial initiatives of rural people and women.
  • NCEUS
  • RWED
  • NABARD
  • SIDBI
SFURTI stands for _____________.
  • Scheme of Fund for Regional and Traditional Industries
  • Scheme of Fund for Regeneration of Traditional Industries
  • Scheme of Funding Regional and Traditional Industries
  • None of the above
NCEUS stands for ____________________________.
  • The National Corporation for Enterprises in the Unorganised Sector
  • The National Centre for Enterprises in the Unorganised Sector
  • The National Centre for the Unorganised Sector
  • The National Commission for Enterprises in the Unorganised Sector
__________ was set up as an apex bank to provide direct/indirect financial assistance under different schemes, to meet credit needs of small business organisations and to coordinate the functions of other institutions in similar activities.
  • NABARD
  • NSIC
  • RSBDC
  • SIDBI
NCEUS was constituted in __________.
  • September, 2004
  • September, 2000
  • September, 1982
  • September, 1986
RWED stands for ____________________.
  • Rural and Women Entrepreneurship Development
  • Rural Women Entrepreneurship Development
  • Rural Women Entrepreneurs' Development
  • Rural and Women Entrepreneurs' Development
WASME stands for ___________________.
  • World Association for Medium Enterprises
  • World Association for Small and Medium Entrepreneurs
  • World Association for Small and Medium Enterprises
  • None of the above
Which of the following are the characteristics of a person with weak sense of self-efficacy?
X. Recovering quickly from setbacks and disappointments
Y. Focusing on personal failing and negative outcomes
Z. Avoiding challenging tasks  
The correct option is __________.
  • X and Y
  • Y and Z
  • X and Z
  • X, Y and Z
Hairdressing & tailoring is a _________ technology Job.
  • Low
  • High
  • Both (a) and (b)
  • None of the above
Some of the schemes to promote the non-farm sector, mostly initiated by the Government of India are ____________.
  • IRDP
  • PMRY
  • TRYSEM
  • all of the above
Which category of entrepreneurship does Peter Sematimba fall in?
  • Superstar
  • Hard-working
  • Analyst
  • Failed
What a man can be, he must be. This need we call self -actualization.  
Above statement about entrepreneur is stated by ________.
  • Michael Porter
  • Confucius
  • Maslow
  • Hilaire Belloc
SFURTI has to be implemented by ___________.
  • central government in collaboration with state governments
  • all the state governments
  • ministry of agro and rural industries in collaboration with state governments
  • ministry of agro and rural industries
What leads a person to strike out on his own and start business?
  • Doing what you love
  • Independence and freedom
  • Recognition and self-fulfillment
  • All of the above
One who with his charm establishes and manages business to take it to unimaginable heights is known as _______ entrepreneur. 
  • superstar
  • idealist
  • artist
  • sustainer
Who said 'Innovation is a means by which entrepreneurs exploit changes as an opportunity for a different business or a different service'?  
  • Steve Jobs
  • Peter F. Drucker
  • Joseph Schumpeter
  • Paul H. Wilken.
A/An _________ entrepreneur is the most common type of entrepreneur.
  • idealist
  • hard-working
  • analyst
  • failed
To impose deadlines for himself is the requirement of
  • Entrepreneurs
  • Intrapreneur
  • Manager
  • None of the above.
Coir industry is a _____________.
  • Medium scale industry
  • Medium small scale industry
  • Traditional scale industry
  • Large industry
When we say it is continuous learning, thinking and questioning outside of prescribed Formulae it is
  • Intrapreneur
  • Entrepreneur
  • Both a & b
  • None of the above.
All of the following are recognized as potential sources of entrepreneurial ideas, EXCEPT ___________.
  • work experiences, skills and abilities
  • familiar and unfamiliar products and services
  • personal interests or hobbies
  • all of the above are recognized as potential sources of entrepreneurial ideas.
RSBDC stands for The Rural Small Business Development Center.
  • True
  • False
It is NOT a large scale industry________________.
  • IT industry
  • Telecom
  • Sugar industry
  • Fashion technology
Out of the following schemes which schemes launched by the Government of India aims at enhancing the livelihood security of the people in rural areas by guaranteeing hundreds days of employment in a financial year to a rural household whose adult members volunteer to do unskilled manual work?
  • Pradhan Mantri Gram Sadak Yojana
  • Kutir Jyoti Scheme
  • ASHA
  • MGNREGA
Which of the following statement is true for small scale industries?
  • Four persons are employed for 1,00,000 of rupee investment
  • Small scale industries are less labour intensive than larger organization.
  • They are not good for income generation.
  • Opportunities in small industries are rare.
WASME stands for World Association for Small and Medium Enterprises.
  • True
  • False
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