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EDP-Unit-1-Revision Quiz

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

The word entrepreneur is derived from French word, entrepredre, which means ________

a)

search for change

b)

respond to opportunity

c)

to undertake

d)

new ideas

2.

________________is described as a process of action an entrepreneur undertakes to establish his enterprise.

a)

Entrepreneurship

b)

Enterprise

c)

Organization

d)

Risk

3.

Identify the pros of being an entrepreneur

a)

Time Management

b)

Experience

c)

Originality and respect

d)

Benefits

4.

Identify the Cons of Being an Entrepreneur

a)

Remuneration

b)

Better utilization of skills and knowledge

c)

Be your own boss

d)

Converting an idea into money

5.

They procure the finished products from the manufacturers and sell these to the customers directly or through a retailer.

a)

Trading Entrepreneur

b)

Agricultural Entrepreneur

c)

Manufacturing Entrepreneur

d)

Spontaneous entrepreneur

6.

An entrepreneur who has made investment in plant and machinery up to Rs 1 crore is called ________

a)

Medium-ScaleEntrepreneur

b)

Small-scale entrepreneur

c)

Large-Scale entrepreneur

d)

None of the above

7.

These are characterized by a refusal to adopt opportunities to make changes in production

a)

Fabian Entrepreneurs

b)

Drone Entrepreneurs

c)

Imitative Entrepreneurs

d)

Induced entrepreneur

8.

In order to motivate potential businessmen to start their own ventures, the Central and State Governments provide facilities and incentives to___________

a)

Induced entrepreneur

b)

Pure entrepreneur

c)

Spontaneous entrepreneur

d)

Motivated entrepreneur

9.

_____________ is designed to transform India into a global design and manufacturing hub

a)

Make in India

b)

Startup India

c)

Digital India

d)

Stand-Up India

10.

Which of these government policies seeks to leverage institutional credit for the benefit of India’s underprivileged.

a)

Startup India

b)

Stand-Up India

c)

Digital India

d)

AIM

11.

Which of these government policies introduced for the first time, is a technological intervention that enables direct transfer of subsidies to intended beneficiaries

a)

Digital India

b)

Jan Dhan-Aadhaar-Mobile

c)

Stand-Up India

d)

Startup India

12.

_______initiative was launched to modernize the Indian economy to makes all government services available electronically

a)

Startup India

b)

Digital India

c)

Make in India

d)

Stand-Up India

13.

SIDO stands for

a)

Small Industries Development Organization

b)

State Industries Development Organization

c)

Small Industrial Developed Organization

d)

Small scale Independent Organization

14.

Approval of power supply should be obtained from

a)

State Electricity Board

b)

Town planning department

c)

Department of Factories

d)

Government of India

15.

_______________ feasibility should be done to know whether the proposed business activity satisfy the social need of the society.

a)

Financial Feasibility

b)

Social feasibility

c)

Technical feasibility

d)

market feasibility

16.

Provisional registration is valid for

a)

1 year

b)

5 years

c)

2 years

d)

10 years

17.

This is an association of small group of self-employed rural or urban women entrepreneurs who join together to take care of group welfare

a)

Women’s India Trust

b)

Self-Help Groups

c)

Central and State Government Schemes

d)

Federation of Indian Women Entrepreneurs

18.

Expand SIDBI

a)

Small Independent Development Bank of India

b)

State Industries Development Bank of India

c)

Small Industries Development Bureau of India

d)

Small Industries Development Bank of India

19.

Expand SEWA

a)

Self-Employed Women’s Association

b)

State Empowerment Women’s Association

c)

Self-Employed World Association

d)

Self-Educated Women’s Association

20.

Are you interested in starting a new business??

a)

Yes

b)

No