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#Lets Play quiz 1st yr entrepreneurship and Productivity

Total questions: 20

Worksheet time: 10mins

Name
Class
Date
1.

A person who is associated with the starting of business is called

a)

merchant

b)

entrepreneur

c)

businessman

d)

sales executive

2.

As compared to small scale business, large scale business require

a)

less no. of persons

b)

less no. of capital

c)

more no. of person

d)

small machines and tools

3.

Entrepreneurship is also termed as

a)

investor

b)

employer

c)

self employment

d)

employment seeker

4.

The expansion of SIDO is | SIDO

a)

Small Industries Development Organization

b)

Small Income Development Organization

c)

Small Investment Development Organization

d)

Standard Industry Development Organization

5.

Which one is a correct channel through which marketers can reach customers?

a)

Manufacturer -> Retailer -> Wholesaler -> Customer

b)

Manufacturer -> Customer -> Retailer

c)

Manufacturer -> Retailer -> Customer

d)

Manufacturer -> Retailer -> Customer -> Wholesaler

6.

Which one is a web based accounting

a)

BUSY

b)

TALLY

c)

software designed for modern business

d)

WINGS

7.

Which investment is considered for deciding the status of manufacturing enterprises? |

a)

Working capital

b)

Building and land

c)

Plant and machinery

d)

Salary of employees

8.

What approach is used to gain access to foreign markets and quickly promote an

organizations interest?

a)

Licensing

b)

Collaboration

c)

Joint venture

d)

Technology transfer

9.

The expansion of GDP is

a)

Gross Domestic Product

b)

Godown Demand Product

c)

Grand Demand Product

d)

Giant Domestic Product

10.

Paid form of ideas, goods and services are called

a)

publicity

b)

goodwill

c)

public relation

d)

advertisement

11.

Money invested in purchasing of raw materials, payment of wages and salaries, rental, electricity comes under

a)

working capital

b)

fixed capital

c)

long term capital

d)

capital income

12.

Production is defined as a ratio of

a)

output / input

b)

input / output

c)

output / skill of workmanship

d)

input / skill of workmanship

13.

During using ATM, Authentication is provided by customer by entering

a)

cash

b)

IFSC

c)

PIN

d)

KYC

14.

Expansion of ATM is

a)

Asynchronous Teller Machine

b)

Automated Teller Machine

c)

Automated Time Machine

d)

Autonomous Time Machine

15.

Low productivity will lead to

a)

job security

b)

political stability

c)

decrease in GDP per capita

d)

increase in GDP per capita

16.

the process used by a business to verify the identity of their client is

a)

GDP

b)

KYC

c)

ATM

d)

TFP

17.

What is the advantage of automation

a)

Reduced operation time

b)

High initial cost

c)

Unpredictable development cost

d)

Security threats

18.

Which market determines the real wages and employment?

a)

Capital market

b)

Labour market

c)

Money market

d)

Goods market

19.

Which one of the following is NOT a category of pure risk?

a)

Property risk |

b)

Technology risk

c)

Liability risk

d)

Personnel risk

20.

Which one of these documents is NOT acceptable for fulfilment of KYC norms?

a)

Voter ID card

b)

Ration card

c)

Residential certificate

d)

Income certificate