Bihar Board 12th Entrepreneurship VVI Objective Questions Model Set 3 in English

Bihar Board 12th Entrepreneurship Objective Questions and Answers

BSEB Bihar Board 12th Entrepreneurship VVI Objective Questions Model Set 3 in English

Question 1.
Which of the following is a kind of opportunities ?
(A) First opportunity
(B) Creates opportunity
(C) Last opportunity
(D) None of the these
Answer:
(B) Creates opportunity

Question 2.
Learning Process involves:
(A) Drive
(B) Cue
(C) Response
(D) Drive, Cue and Response
Answer:
(D) Drive, Cue and Response

Question 3.
Which of the following factors affect market assemssment ?
(A) Micro Environment
(B) Production Cost
(C) Demand
(D) None of the above
Answer:
(D) None of the above

Question 4.
Entrepreneur have the responsibility to meet which of the following obligation ?
(A) Statutory
(B) Managerial
(C) Neither (a) nor (b) of the above
(D) (a) and (b) above
Answer:
(A) Statutory

Question 5.
The point which considered while selecting an enterprise is:
(A) Product
(B) Marketing
(C) Availability of Capital
(D) None of the above
Answer:
(C) Availability of Capital

Question 6.
…………is defined as discovery of business opportunities.
(A) Marketing
(B) Innovation
(C) Promotion
(D) None of the above
Answer:
(C) Promotion

Question 7.
Lack of standardisation of the equipment is due to:
(A) Internal constraints
(B) External Constraints
(C) Government barriers
(D) Regulatory barriers
Answer:
(B) External Constraints

Question 8.
DPR is a:
(A) Working Plan
(B) Action Plan
(C) Implementation Plan
(D) None of the above
Answer:
(B) Action Plan

Question 9.
NPV method relates with:
(A) Time value of money
(B) Inflated value of money
(C) Present value of money
(D) None of the above
Answer:
(C) Present value of money

Question 10.
Working capital may be classfled into:
(A) Permanent Working Capital
(B) Variable Working Capital
(C) Regular and Seasonal Working Capital
(D) All of these
Answer:
(D) All of these

Question 11.
Opening Stock is:
(A) Sources of fund
(B) Applicatin of fund
(C) No flow of fund
(D) None of these
Answer:
(B) Applicatin of fund

Question 12.
Which of the following is not an Operating Expense ?
(A) Advertising Expense
(B) Preliminary exp written off
(C) Wages
(D) Rent
Answer:
(B) Preliminary exp written off

Question 13.
Margin of Safety:
(A) Sales Less Contribution
(B) Actual Sales Less B.E.P. Sales
(C) BEP Sales Less Actual Sales
(D) None of these
Answer:
(B) Actual Sales Less B.E.P. Sales

Question 14.
Risk Capital Foundation wqs established by:
(A)IFCI
(B)UTI
(C)IDBI
(D) ICICI
Answer:
(A)IFCI

Question 15.
Variables are used for technical capability:
(A) 2
(B) 3
(C) 4
(D) 5
Answer:
(C) 4

Question 16.
Present production system, infact, is:
(A) Direct production
(B) Indirect production
(C) Primary
(D) Secondary
Answer:
(B) Indirect production

Question 17.
Marketing expenditure is a burden:
(A) On industry
(B) On businessmen
(C) On consumers
(D) Al 1 of these
Answer:
(C) On consumers

Question 18.
The rate of dividend on preference share is:
(A) Fixed
(B) Variable
(C) Semi variable
(D) None of these
Answer:
(A) Fixed

Question 19.
Which of the following is not factory overhead:
(A) Factory Insurance
(B) Depreciation of Plant
(C) Drawing Office Salary
(D) Salary
Answer:
(D) Salary

Question 20.
Responsibility of entrepreneur’s are:
(A) Towards society
(B) Towards Governments
(C) Towards Environment
(D) All of these
Answer:
(D) All of these

Question 21.
Increase in Share Premium is:
(A) Sources of fund
(B) Application of fund
(C) No flow of fund
(D) None of these
Answer:
(A) Sources of fund

Question 22.
Current Ratio is:
(A) Balance Sheet Ratio
(B) P/L Ratio
(C) Composite Ratio
(D) None of these
Answer:
(A) Balance Sheet Ratio

Question 23.
What break-even point shows ?
(A) Profit
(B) Loss
(C) Neither profit nor loss
(D) None of the above
Answer:
(C) Neither profit nor loss

Question 24.
Labour-intensive technique is useful:
(A) For developing Countries
(B) For developed Countries
(C) For backward Economics
(D) For none of the above
Answer:
(A) For developing Countries

Question 25.
The social responsibility of management is:
(A) Towards all
(B) Towards employees only
(C) Towards the government
Answer:
(A) Towards all

Question 26.
Telephone Expenses is:
(A) Fixed
(B) Variable
(C) Semi-variable
(D) None of these
Answer:
(C) Semi-variable

Question 27.
“Management is a profession.” This statement is of:
(A) George R. Terry
(B) American Management Association
(C) Henry Fayol
(D) None of these
Answer:
(B) American Management Association

Question 28.
Project appraisal in an/a:
(A) Export Analysis
(B) Expert Analysis
(C) Profitability Analysis
(D) None of these
Answer:
(C) Profitability Analysis

Question 29.
Resources is the…………..medium for one’s doing the work.
(A) Essential
(B) Not essential
(C) Neither (a) nor (b) of the above
(D) Both (a) and (b) above
Answer:
(A) Essential

Question 30.
Regular Working Capital is the part of:
(A) Permanent Working Capital
(B) Variable Working Capital
(C) Net Working Capital
(D) None of the above
Answer:
(A) Permanent Working Capital

Question 31.
Closing stock is:
(A) Sources of fund
(B) Application of fund
(C) No flow of fund
(D) None of these
Answer:
(A) Sources of fund

Question 32.
The is useful in evaluating credit and collection policies:
(A) Liquid Ratio
(B) Current Ratio
(C) Average payment period
(D) Average collection period
Answer:
(D) Average collection period

Question 33.
What break-even point shows ?
(A) Profit
(B) Loss
(C) Neither profit nor loss
(D) None of the above
Answer:
(C) Neither profit nor loss

Question 34.
As per Indian Government’s instruction Debt Equity Ratio is:
(A) 1.5
(B) 2.0
(C) 0.5
(D) 2.5
Answer:
(A) 1.5

Question 35.
“By social responsibility we mean to execute those policies, to take that decision or to do these activities which are desirable for social objectives and values.” This statement is:
(A) H.R.Boben
(B) Koontz and O’Donnel
(C) Both (A) and (B) above
(D) None of these
Answer:
(A) H.R.Boben