Problems connected with entrepreneurship development can be identified in the following domains.
1. Procuring of raw material
2. Marketing of products
3. Country of origin
4. Procuring of capital
A. 1, 2 and 3
B. 2, 3 and 4
C. 1, 3 and 4
D. 1, 2 and 4
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Who shall be the Chairman of the Central Consumer Protection Council?
A. The Minister in charge of consumer affairs in the Central Government
B. The Minister in charge of consumer affairs in the State Government
C. The Prime Minister
D. The Speaker of the Lok Sabha
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Which of the followingis/are the entrepreneurial challenges faced by the consumers?
A. Choosing the product
B. Time management
C. Cash flow management
D. All of the above
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Which of the following factors influence entrepreneurship?
A. Technical knowledge
B. Entrepreneurial training
C. Local manpower
D. All of these
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Money as a non-human resource can be in the form of
A. wages
B. saving
C. income or investment
D. All of these
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In case of death of a consumer, who can prefer complaint under Section 2(1)(b) of Consumer Protection Act, 1986?
A. His legal heir or representative
B. State Government
C. Consumer association, registered under the Companies Act, 1956
D. No one can prefer complaint
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Who said that "Quality Control is used to connote all those activities which are directed for defining, controlling and maintaining the quality"?
A. John A. Shubin
B. Adam Smith
C. John F. Kennedy
D. John Maynard Keynes
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Identify the characteristics of general evaluation.
A. Casual and subjective
B. Outcomes not thoroughly analysed
C. Elaborate type
D. Only A and B
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The functions of Human Resource Development are
1. Training and Development
2. Operative
3. Culture System
4. Directing
A. 1 and 4
B. 1 and 3
C. 1, 2 and 4
D. 2, 3 and 4
Select an option to see the answer and solution.
Which of the following are the characteristics of the Legal Metrology Act, 2009?
A. Provides safeguard and relief to customers, in case goods are not complying with expressed conditions and warranty
B. Provides remedies to parties in case of breach of contract
C. Through the Act all weights and measures used for trade or for protection of human health and safety should be accurate and reliable
D. The Act allows for multiple types of conformity assessment schemes
Select an option to see the answer and solution.
Match the following.
List-I
List-II
a. Psychological needs
1. Fulfilment of capacities
b. Self-esteem needs
2. Freedom from danger, job security, health care, etc.
c. Self-actualisation needs
3. Recognition by others/feeling of achievement
d. Need for safety and security
4. Food, clothing and shelter
A. a-4, b-3, c-1, d-2
B. a-2, b-3, c-1, d-4
C. a-1, b-2, c-3, d-4
D. a-4, b-3, c-2, d-1
Select an option to see the answer and solution.
Which of the following motivators are listed in Herzberg's Theory of Motivation?
1. Challenging work
2. Physiological need
3. Growth in job
4. Recognition
A. 1, 2, 3
B. 2, 3, 4
C. 1, 3, 4
D. 1, 2, 4
Select an option to see the answer and solution.
Match the following.
List-I
List-II
a. Money
1. Includes recreation, health facilities
b. Material goods
2. School, colleges, training centres, etc.
c. Community facilities
3. Car, scooter, cycle, plot, farm
d. Educational facilities
4. Includes wages salary, saving investment
A. a-4, b-3, c-1, d-2
B. a-1, b-2, c-3, d-4
C. a-4, b-3, c-2, d-1
D. a-2, b-1, c-4, d-3
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Formal technique of work simplification is/are
1. Memo motion
2. Pathway chart
3. Micro motion film
4. Cyclograph method
A. 1 and 2
B. 2 and 4
C. 1, 2 and 4
D. 1, 2, 3 and 4
Select an option to see the answer and solution.
Which of the following are included in the list of voluntary consumer organisation?
1. PIL
2. CGSI
3. VOICE
4. CUTS
A. 1, 2 and 4
B. 1, 2 and 3
C. 3, 4 and 1
D. 2, 3 and 4
Select an option to see the answer and solution.
Individual decision refers
A. to personal problems and needs
B. decisions that are made by the person concerned
C. decisions that are quickly made as compared to group decisions
D. All of the above
Select an option to see the answer and solution.
Which of the following is not one of the main purpose of budget?
A. Planning and control
B. The alignment of individual and corporate goals
C. To enable a flexibility of approach to company policies
D. To optimise the use of scarce resources
Select an option to see the answer and solution.
Consider the following statements regarding levels of organisation.
Statement I Level I is related to organising a task.
Statement II Level II is when one person arranging through his own efforts for the completion of several tasks.
A. Only statement I is correct
B. Only statement II is correct
C. Both the statements I and II are correct
D. Neither statement I nor II is correct
Select an option to see the answer and solution.
Sustainable development consist of constituent parts.
1. Environmental sustainability
2. Economic sustainability
3. Socio political sustainability
4. Cultural sustainability
5. Low-economic sustainability
A. 1, 3, 4 and 5
B. 1, 2, 4 and 5
C. 1, 2, 3 and 4
D. 3, 1, 4 and 5
Select an option to see the answer and solution.
Enterprise management
A. allows business to manage vital day-to-day process
B. allows the organisation to survive in the changing environment
C. supports how various business units work by sharing information through data base
D. All of the above
Select an option to see the answer and solution.