Entrepreneurship and Innovation MCQs with Answers 2027

Q81

"Poverty is an artificial creation, It does not belong to human civilisation and we can change that and can make people come out of poverty through redesigning our institutions and policies." This preamble refers to

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Q82

Open question

Assertion (A) The function of entrepreneurs is to reform or revolutionise the pattern of production by exploiting an invention or, more generally, an untried technological possibility for producting a new commodity or producing an old one in a new way.
Reason (R) Lack of innovations will usually reduce the life span a product and/or

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Q83

Open question

Developing a new idea through inquiry and testing is called

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Q84

Open question

Which is approach of 'Entrepreneurial Development Programme'?

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Q85

Open question

The form of entrepreneurship can be

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Q86

Open question

Degree of influence and control on other people is called

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Q87

Open question

Which statement is true?

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Q88

Open question

An industrial unit, accordingto RBI, is sick if

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Q89

Open question

Which is not tlie objective of entrepreneurship?

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Q90

Open question

Match the following

List-I (Source of Finance)	List-II (Elements)
a. Customer's Advance	1. Order Booking
b. Financial Companies	2. ICICI Bank
c. Distributor's Advances	3. Security
d. Trade Credit	4. Bill of Exchange
	5. Depreciation Fund

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Q91

Open question

Match the following

List-I (Type of Industry)	List-II (Nature of Industry)
a. Synthetic process	1. Cement
b. Analytical process	2. T.V.
c. Processing industry	3. Sugar industry
d. Assembling process	4. Petrol from crude oil

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Q92

Open question

Which of the following is not a function of SIDO?
1. Itaims at evolving a national policy for the growth and development of SSIs. It gathers data on imported consumer products and to enable the establishment of industrial units to manufacture these goods by providing organised help.
2. It also keeps proper link with the related Planning Commission, Central Ministries, Financial Institutions and State Governments etc.
3. It sets aside items for small scale manufacturing, and provides necessary support for the development of auxiliary units.
4. It provides direct support for infrastructure development and lending money to microfinance institutions.
Select the correct answer

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Q93

Open question

Timely and adequate assistance and rehabilitation efforts to MSEs should begin on a proactive basis when early signs of sickness are detected. This stage is termed as

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Q94

Open question

Which one of the following is not an intrapreneurial leadership characteristic?

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Q95

Open question

Under the Sick Industrial Companies (Special Provisions) Act, 1985, the public sector companies were covered from which year?

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Q96

Open question

Which one of the following is a sound strategic option for an entrepreneur when synergy is present?

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Q97

Open question

Capital rising entirely depends on the entrepreneur in which of the following entity?

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Q98

Open question

The role of entrepreneurs include

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Q99

Open question

Which is the ethical quality of a entrepreneur?

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Q100

Open question

Assertion (A) When an industrial unit falls sick, those who depend on it have to face an uncertain future.
Reason (R) The sick units continue to operate below the break-even point and are thus forced to depend on external sources for funds of their long-term survival.

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