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 Bihar Board 12th Entrepreneurship Objective Important Questions Part 5

Bihar Board 12th Entrepreneurship Objective Important Questions Part 5

Question 1.
IDBI was established in the year
(a) 1944
(b) 1954
(c) 1964
(d) 1974
Answer:
(c) 1964

Question 2.
Dividend is
(a) Net profit
(b) Reserve fund
(c) Appropriation of profit
(d) Loss rate
Answer:
(c) Appropriation of profit

Question 3.
Public deposits are the source of
(a) Short term finance
(b) Long term finance
(c) Medium term finance
(d) Social investigator
Answer:
(c) Medium term finance

Question 4.
When is divided given upon cumulative preference share?
(a) In the year of profit
(b) In the year of loss
(c) In the year of profit or loss
(d) None of these
Answer:
(c) In the year of profit or loss

Question 5.
Telephone expenseis
(a) Fixed
(b) Variable
(c) Semi-variable
(d) None of these
Answer:
(c) Semi-variable

Question 6.
The best example of variable cost is
(a) Interest on capital
(b) Rent
(c) Material cost
(d) Wealth tax
Answer:
(c) Material cost

Question 7.
Fixed cost per unit increase when
(a) Production decreases
(b) Production increases
(c) Production remains same
(d) All of the above
Answer:
(a) Production decreases

Question 8.
Which of the following is not factory overhead?
(a) Factory insurance
(b) Depreciation on plant
(c) Drawing office salary
(d) Salary
Answer:
(d) Salary

Question 9.
Which of the following example of fixed cost?
(a) Direct material cost
(b) Chargeable expense
(c) Salary of office management
(d) Direct labour cost
Answer:
(d) Direct labour cost

Question 10.
Price policy is
(a) In favour of consumer
(b) In favour of government
(c) In favour of manufacturer
(d) In favour of all
Answer:
(d) In favour of all

Question 11.
Merger means
(a) Taking over one organisation by another organisation
(b) Combination of two or more business
(c) Acquiring controlling interest in organisation
(d) None of the above
Answer:
(b) Combination of two or more business

Question 12.
Generally diversification is classified in
(a) Two ways
(b) Three ways
(c) Four ways
(d) Five ways
Answer:
(c) Four ways

Question 13.
Conglomeration is a technique to
(a) Develop in the same industry
(b) Diversify in other areas
(c) Taking over other units
(d) Divide the organisation in subunits
Answer:
(b) Diversify in other areas

Question 14.
Modernisation is necessary
(a) To increase export
(b) To received self depend
(c) Increase employment
(d) All of the above
Answer:
(d) All of the above

Question 15.
Main functions of financial management are
(a) Procurement of funds
(b) Utilisation of funds
(c) Allocation of net profits
(d) None of these
Answer:
(d) None of these

Question 16.
Source of trade credit is
(a) Long-term finance
(b) Medium-term finance
(c) Short-term finance
(d) None of these
Answer:
(a) Long-term finance

Question 17.
Fixed capital needed for …………. period.
(a) For short period
(b) For long period
(c) For both
(d) None of these
Answer:
(a) For short period

Question 18.
Bank overdraft facilities are available on
(a) Saving Bank A/c
(b) Current A/c
(c) Term Deposit A/c
(d) All of these
Answer:
(b) Current A/c

Question 19.
Financial management is
(a) Art
(b) Science
(c) Both
(d) None of these
Answer:
(c) Both

Question 20.
Dividentis
(a) net profit
(b) appropralation of profit
(c) reserve fund
(d) past undistributed profit
Answer:
(b) appropralation of profit

Question 21.
The first step to translate ideas into actions is business
(a) Planning
(b) Finance
(c) Organisation
(d) Location
Answer:
(a) Planning

Question 22.
The rate of dividend on preference shares of
(a) Variable
(b) Fixed
(c) Semi-variable
(d) none of these
Answer:
(b) Fixed

Question 23.
Debentures are
(a) unsecured borrowings
(b) fully secured borrowings
(c) Pastly secured borrowings
(d) all of the above
Answer:
(a) unsecured borrowings

Question 24.
The purpose of advertising is
(a) to attract potential buyers
(b) to inform and guide customer
(c) to make publicity of product
(d) all of the above
Answer:
(d) all of the above

Question 25.
According to guidelines issued by government debt equity ration for venture capital fund is
(a) 1.5
(b) 2.0
(c) 0.5
(d) 2.5
Answer:
(a) 1.5

Question 26.
Management is a profession. This statement is of
(a) Lawrance A. Appley
(b) R.C. Davis
(c) Henry Fayol
(d) None of these
Answer:
(b) R.C. Davis

Question 27.
Marketing concept is
(a) Production-oriented
(b) Sales-oriented
(c) Customer-oriented
(d) All of these
Answer:
(d) All of these

Question 28.
Brand indicates
(a) Symbol
(b) Design
(c) Name
(d) All of these
Answer:
(d) All of these

Question 29.
Under franchising
(a) Control on the product remains in the hands of franchise
(b) Control on the product goes in the hands of franchise
(c) Above (a) and (b)
(d) None of the above
Answer:
(a) Control on the product remains in the hands of franchise

Question 30.
Lack of standardisation of the equipment is due to
(a) Internal constraints
(b) External constraints
(c) Government Barriers
(d) Regulatory Barriers
Answer:
(b) External constraints

Question 31.
Project life cycle is not concerned with the following
(a) Pre-investment stage
(b) Constructive stage
(c) Normalisation stage
(d) Stabilistion stage
Answer:
(d) Stabilistion stage

Question 32.
Modernisation improves
(a) Products
(b) Production
(c) Processes
(d) Capacity
Answer:
(d) Capacity

Question 33.
Gestation period is concerned with
(a) Idea creation period
(b) Incubation period
(c) Implementation period
(d) Commercialisation period
Answer:
(c) Implementation period

Question 34.
What is required for fixed capital and working-capital of any enterprise?
(a) Finance
(b) Marketing
(c) Planning
(d) None of the above
Answer:
(a) Finance

Question 35.
The term “fund” as used in fund flow analysis means
(a) Cash only
(b) Current Assets
(c) Current liabilities
(d) Excess of current assets over current liabilities
Answer:
(d) Excess of current assets over current liabilities

Question 36.
What affects purchase of plant will have on working capital?
(a) Decrease
(b) Increase
(c) No effect
(d) None of the above
Answer:
(a) Decrease

Question 37.
B.E.P. =
(a)  Fixed Cost P/V Ratio 
(b)  Fixed Cost  Contribution ×100
(c) Undefined control sequence \cost
(d) None of these
Answer:
(a)  Fixed Cost P/V Ratio 

Question 38.
P/V ratio
(a)  Contribution  Sales ×100
(b)  Sales  Contribution ×100
(c)  Contribution  Sales 
(d) None of these
Answer:
(a)  Contribution  Sales ×100

Question 39.
Risk Capital Foundation was established in
(a) 1970
(b) 1975
(c) 1986
(d) 1988
Answer:
(b) 1975

Question 40.
Technological Development and Infrastructure Corporation of India was established in the year
(a) 1975
(b) 1986
(c) 1988
(d) 1990
Answer:
(c) 1988

Question 41.
What is management?
(a) Science
(b) Art
(c) Art and Science both
(d) None of these
Answer:
(c) Art and Science both

Question 42.
The foremost need of development in a country is of
(a) Physical Resources
(b) Economic Resources
(c) Efficient management
(d) None of these
Answer:
(c) Efficient management

Question 43.
Present production system in fact is
(a) Direct production
(b) Indirect production
(c) Primary
(d) Secondary
Answer:
(b) Indirect production

Question 44.
Out of the following which is the method of quality control?
(a) Inspection method
(b) Statistical quality central method
(c) Both “a” and “b” above
(d) None of these
Answer:
(c) Both “a” and “b” above

Question 45.
Out of the following which is the method of production?
(a) Direct method of production
(b) Indirect method of Production
(c) Both “a” and “b” above
(d) None of the above
Answer:
(c) Both “a” and “b” above

Question 46.
Marketing Expenditure is a burden
(a) On Industry
(b) On businessmen
(c) On consumers
(d) All of these
Answer:
(c) On consumers

Question 47.
The characteristics of a good brand are
(a) Short name
(b) Memorable
(c) Attractive
(d) All of these
Answer:
(d) All of these

Question 48.
Maximum wide scope is of
(a) Brand
(b) Labelling
(c) Packaging
(d) Trade mark
Answer:
(c) Packaging

Question 49.
Brand indicates
(a) Symbol
(b) Design
(c) Name
(d) All of these
Answer:
(d) All of these

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