MCQ

1. Who are eligible to avail the prime minister employment generation programme
(PMEGP)?
a. Individuals above the age of 18 can apply for the policy.
b. Individuals above the age of 21 can apply for this policy.
c. Current and well accomplished PMEGP.
d. Current entrepreneurs and aspirant entrepreneur.
ANS: A

2. ………………………………………. Is the objective of International co-operative

policy.
a. The Policy aims at the growth of MSEs by addressing advancements in
sustainable & green manufacturing technology, market access, skills & quality,
etc. Creating infrastructural facilities in existing Clusters of MSEs and Industrial
Areas.

b. The Policy aims at enhancing the competency of MSMEs towards technology

advancements to market and produce products better.
c. The Policy aims at establishing the traditional artisans and industries into clusters
in order to support them towards competitive for long- term sustainability goals.
d. The Policy aims at setting up a network of incubation and technology centres to
promote innovation and entrepreneurship to strengthen the competitiveness of
MSME sector.
ANS: B
3. ……………………………………..is the key benefits of Lean Manufacturing
Competitiveness for MSMEs
a. empower MSMEs by digitally enhancing their performance towards higher
competitiveness with high efficiency and low cost.
b. The Policy aims to expand the base of entrepreneurship to different sections of the
society through skill development, achievement and providing motivation for self-
employment and entrepreneurial skill

c. Financial support to be provided to implement lean manufacturing techniques and

costs of consultants (80% by GoI and 20% by beneficiaries).
d. Enhancing efficiency of MSMEs by improving their access to tooling facilities and
providing industry ready manpower by conducting training programmes.
ANS:D

4. ……………………is the chairperson of MSME.

a. Prime minister
b. President
c. Home minister
d. Finance minister
ANS: A
 5. Who introduced the make in India policy?
a. Prime minister Narendra modi
b. Ex Prime minister Manmohan singh
c. Ex Prime minister Atal Bihari Vajpayee
d. Ex Prime minister Jawaharlal Nehru
ANS: A
6. Sole proprietorship business can be started by
A. at least seven persons
B. any one person
C. at least two persons
D. at least three persons
Answer: B

7.  In which form of business, there is no need to share profits.

A. Company
B. Sole proprietorship
C. Partnership
D.Joint Hindu family business
ANS: B

8. The karta in the Joint Hindu family business has…………… liabilities.

a. Limited
b. Unlimited
c. Joint
d. None of the above
ANS :B

9. The official signature of a company is called:

A. Prospectus
B. Debentures
C. Shares
D. Common seal
Answer: D
 10. What is the partnership written agreement known as?:
A) Partnership contract
B) Agreement
C) Partnership deed
D) Partnership Act
Answer: C

11. The three categories of Mintzberg's managerial roles are……….Select one:

a.  interpersonal, informational, and decisional.
b. planning, organizing, and leading
c. entrepreneur, disturbance handler, and negotiator.
d. monitor, disseminator, and spokesperson.

ANS: A

12. _______ Skill is needed at the top level management.

a) Technical
b) Conceptual and technical
c) Conceptual
d) Conceptual, Technical and human

ANS: D

13. What are the three interpersonal roles of managers?

a) Figurehead, leader and liaison
b) Spokesperson, leader, coordinator
c) Director, coordinator, disseminator
d) Communicator, organiser, spokesperson
Ans: A, B, D
14. In what order do managers typically perform the managerial functions?
a) organizing, planning, controlling, leading
b) planning, organizing, leading, controlling
c) planning, organizing, staffing, Directing and controlling
 d) organizing, leading, planning, controlling
Ans: c

15. Teams occur when a number of people have ____________________ and recognise
that their personal success is dependent on the success of others.

a. The same manager

b. shared work environment

c. common goal

d. Similar jobs

Ans: C