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3. Which one of the following is the process of entrepreneur developing new products
that over time make current products obsolete?
(a) New business model
(b) Anatomization
(c) Creative Destruction
(d) None of above
5. From the following which one is not classification of entrepreneurs according to the types of
business:
(a) Wholesale trade
(b) Retail trade
(c) Exporter
(d) Rural entrepreneur
6. From the following which one is the classification of entrepreneurs according to gender and age?
a. Men entrepreneurs
b. Women entrepreneurs
c. Young entrepreneurs
d. All of above
11. It’s an institution to set up a network of technical consultancy organizations in the country.
(a) TCO
(b) ITC
(c) EGB
(d) None of above
14 .Small scale industries (SSIs) also known as MSMEs are defined & categorized
by the Micro, Small & Medium Enterprises Development Act
16. Name the institution which was set up in 1982 to promote integrated rural development
17. Name the institution which is set up as an apex bank to provide direct or
indirect financial assistance under different scheme.
(a) SIDBI (b) NSIC (c) RSBDC (d) None of the above
(a) Up to 10 Lacs
(b) 10Lacs – 2 Crores
(c) 2 Crores – 5 Crores
(d) None of the above
(a) Up to 10 Lacs
(b) 10Lacs – 2 Crores
(c) 2 Crores – 5 Crores
(d) None of the above
26. Which of the following is not a characteristic feature of venture capital firms?
a) Funding just one or a small number of firms.
b) Holding equity in the firms that are funded.
c) Having a long-term investment horizon.
d) Providing advice and assistance to the firms that are funded.
27. The largest industry group receiving venture capital funding is
a) computer software.
b) medical/health.
c) computer hardware.
d) none of the above.
28. Name the institution which is set up as an apex bank to provide direct/indirect financial
assistance under different schemes and also coordinates the functions of other institutions in
similar activities
e) SIDBI
f) NSIC
g) RSBDC
h) None
29. If the investment in fixed assets or plant and machinery does not exceed one crore
rupees, then that particular firm come s under the category of
i) Tiny industry
j) Small scale industry
k) Village industry
l) Cottage: industry
30. Name the institution which was set up in 1982 to promote integrated rural development.
m) NSIC
n) NABARD
o) SIDBI
p) NCEUS
33. A person who managed large project was termed as the entrepreneur in the _________.
34. What is the process by which individuals pursue opportunities without regard to
resources they currently control?
35. Which one of the following is the process of entrepreneurs developing new products that
over time make current products obsolete?