Bihar Board 12th Entrepreneurship VVI Objective Questions Model Set 7 in English

Bihar Board 12th Entrepreneurship Objective Questions and Answers

BSEB Bihar Board 12th Entrepreneurship VVI Objective Questions Model Set 7 in English

Question 1.
Responsibility of Entrepreneurs are-
(A) Towards Society
(B) Towards Government
(C) Towards Environment
(D) All of the above
Answer:
(A) Towards Society

Question 2.
Marketing expenditure is a burden –
(A) On Industry
(B) On businessman
(C) On Consumers
(D) On all of these
Answer:
(D) On all of these

Question 3.
Learning process involves –
(A) Drive
(B) Cue
(C) Repayment
(D) Drive, Cue & Response
Answer:
(C) Repayment

Question 4.
Duty of Entrepreneur ‘s –
(A) Overcharging
(B) Tax-invasion
(C) Environment pollution
(D) None of these
Answer:
(D) None of these

Question 5.
The social responsibility of management is –
(A) Towards all
(B) Only Towards Employees
(C) Towards Government
(D) None of these
Answer:
(B) Only Towards Employees

Question 6.
Naked Debentures are –
(A) Fully Secured
(B) Partly Secured
(C) Unsecured
(D) None of these
Answer:
(A) Fully Secured

Question 7.
Easy in establishment is –
(A) Sole Trade
(B) Partnership Firm
(C) Joint Stock Company
(D) None of these
Answer:
(A) Sole Trade

Question 8.
Which of the following is a kind of opportunities ?
(A) First opportunity
(B) Created opportunity
(C) Last opportunity
(D) None of these
Answer:
(A) First opportunity

Question 9.
Market Demand is also known as –
(A) Demand forecasting
(B) Real Demand
(C) Supply
(D) None of these
Answer:
(D) None of these

Question 10.
Fixed cost includes –
(A) Cost of Raw material
(B) Cost of Labour
(C) Cost of power
(D) Cost of factory
Answer:
(C) Cost of power

Question 11.
Following things are necessary for market assessment –
(A) Supply
(B) Demand
(C) Nature of competition
(D) All of the above
Answer:
(D) All of the above

Question 12.
The important aspects of product inspection are –
(A) Production inspection
(B) Process inspection
(C) Inspection analysis
(D) All of the above
Answer:
(D) All of the above

Question 13.
Project is prepared –
(A) By promoters
(B) By Managers
(C) By Entrepreneurs
(D) By all of these
Answer:
(C) By Entrepreneurs

Question 14.
Personal Selling is –
(A) Verbal Presentation
(B) Written Presentation
(C) Visual Presentation
(D) None of these
Answer:
(D) None of these

Question 15.
Social structure is composed at –
(A) Functional Division of Society
(B) Functional Division of Caste
(C) Functional Division of Community
(D) None of the above
Answer:
(B) Functional Division of Caste

Question 16.
Which of the following is important for environment ?
(A) Searching of opportunities
(B) Avoidance of unethical behavior
(C) Fulfillment of social obligations
(D) Profit Earning Process
Answer:
(A) Searching of opportunities

Question 17.
The determinants of bonds decisions are –
(A) Amount of profits
(B) Liquidity of funds
(C) Age of the company
(D) All of the above
Answer:
(C) Age of the company

Question 18.
Which of the following factors is to be considered while selecting a product of service ?
(A) Cost of Production
(B) Competition
(C) Profit possibility
(D) All of the above
Answer:
(A) Cost of Production

Question 19.
A good plan is-
(A) Expensive
(B) Time consuming
(C) Flexible
(D) Rigid
Answer:
(D) Rigid

Question 20.
Planning may be-
(A) Short-term
(B) Mid-term
(C) Long-term
(D) For all terms
Answer:
(D) For all terms

Question 21.
Planning –
(A) Necessary
(B) Unnecessary
(C) Wastage of time
(D) Wastage of money
Answer:
(A) Necessary

Question 22.
Which of the following is an element of sensing the ‘ opportunities ?
(A) Ability of percerse
(B) Insight into the change
(C) Innovative quality
(D) All of these
Answer:
(C) Innovative quality

Question 23.
Long term loan bears –
(A) Fixed Rate of Interests
(B) Flexible Rate of Interest
(C) Zero Rate of Interest
(D) None of the above
Answer:
(C) Zero Rate of Interest

Question 24.
Venture capital contains –
(A) High Risk
(B) Venture Risk
(C) No Risk
(D) None of these
Answer:
(D) None of these

Question 25.
Current Assets include-
(A) Furniture
(B) Investment
(C) Good will
(D) Debtors
Answer:
(D) Debtors

Question 26.
Modernization improves –
(A) Products
(B) Production
(C) Process
(D) Capacity
Answer:
(A) Products

Question 27.
Integration Means-
(A) Internal expansion
(B) External expansion
(C) Internal and External Expansion
(D) None of the above
Answer:
(A) Internal expansion

Question 28.
Management is –
(A) Art
(B) Science
(C) Arts & Science both
(D) None of the above
Answer:
(D) None of the above

Question 29.
DPR is a-
(A) Working Plan
(B) Action Plan
(C) Implementation Plan
(D) None of the above
Answer:
(A) Working Plan

Question 30.
A Project is-
(A) Cluster of activities
(B) Single activity
(C) Group of innumerable activities
(D) None of these
Answer:
(D) None of these

Question 31.
Project Report is a summary of –
(A) Facts
(B) Information
(C) Analysis
(D) All of these
Answer:
(D) All of these

Question 32.
Dividend is-
(A) Net Profit
(B) Appropriation of Profit
(C) Reserve Fund
(D) Part of undistributed Profit
Answer:
(C) Reserve Fund

Question 33.
The most extensive scope is of –
(A) Brand
(B) Labelling
(C) Packaging
(D) Trademark
Answer:
(D) Trademark

Question 34.
The advantage of Marketing to-
(A) Consumers
(B) Businessmen
(C) Manufacturers
(D) To all
Answer:
(A) Consumers

Question 35.
The foremost need in the development of a country is of-
(A) Physical Resources
(B) Economic Resources
(C) Efficient Management
(D) None of the above
Answer:
(D) None of the above