MODULE I: PROGRAM ORIENTATION

ANSWER KEY

1 : What does REGP stands for?

1. Rural Employment Generation Programme
2. Rural education Generation Programme
3. Rural Employment Graduation Programme
4. None of these

YOUR ANSWER: Rural Employment Generation Programme

CORRECT ANSWER: Rural Employment Generation Programme
DESCRIPTION: Rural Employment Generation Programme (REGP) for generation of employment opportunities through establishment
of micro enterprises in rural as well as urban areas.

2 : Industrial (technical or market) expertise;Management expertise; and Entrepreneurial experience, are three types of Experiences that are
considered to be important in determining?
1. Entreprenuerial Education
2. Entreprenuerial Success
3. Entreprenuerial Criticism
 4. Entreprenuerial Process

YOUR ANSWER: Entreprenuerial Process

CORRECT ANSWER: Entreprenuerial Success
DESCRIPTION: There are three types of experiences that are considered to be important in determining entrepreneurial success; 1.
Industrial (technical or market) expertise; 2. Management expertise; and 3. Entrepreneurial experience.

3 : What theory contends/states that there is a degree to which one believe that he/she is in control of one's destiny?
1. Locus of control
2. Psycodynamic Model
3. Risk Taking Propencity
4. None of these

YOUR ANSWER: None of these

CORRECT ANSWER: Locus of control
DESCRIPTION: Locus of control This theory contends/states that there is a degree to which one believes that he/she is in control of
one’s destiny. This can either be internal or external. Internals: The internals believe that what happens to them is a result of their
internal efforts whether it is good or bad.

4 : what is one of the important things that Currency gave to entrepreneurs?

1. It acted as a medium of exchange
2. It provided a way for entrepreneurs to store value
3. It facilitated long-distance trade
4. All of these

YOUR ANSWER: All of these

CORRECT ANSWER: All of these
DESCRIPTION: Over time, paper money and coinage would be developed. Currency gave entrepreneurs several important things: It
facilitated long-distance trade It acted as a medium of exchange It provided a way for entrepreneurs to store value

5 : What according to you is the main objective of PMEGP?

1. to provide employment opportunities to unemployed masses
2. to educate the needy ones
3. to develop the rural infrastructure
4. None of these

YOUR ANSWER: to provide employment opportunities to unemployed masses

CORRECT ANSWER: to provide employment opportunities to unemployed masses
DESCRIPTION: PMEGP is the flagship programme of KVIC with main objective to provide employment opportunities to the
unemployed masses through setting up of micro enterprises in the country.