CENTRAL TOOL ROOM AND TRAINING CENTRE

BHUBANESWAR

Total Questions – 80

EDP QUESTIONS

1. VENTURE CAPITAL IS CONCERNED WITH

A. NEW PROJECT HAVING POTENTIAL FOR HIGHER PROFIT

B. NEWPROJECT OF HIGH TECHNOLOGY

C. NEW PROJECT HAVING HIGH RISK

D. ALL THE ABOVE

2. HAVING LESS THAN 50% OF EQUITY SHARE IN AN INTERNATIONAL VENTURE IS CALLED :

A. JOINT VENTURE

B. MAJORITY INTEREST

C. MINORITY INTEREST

D. EXPORTING

3. INFORMATION REGARDING ALL OF THE FOLLOWING IS RELATED TO OPERATIONS, EXCEPT

A. LOCATION

B. PROMOTION

C. RAW MATERIAL

D. LABOR SKILLS

4. TO ESTABLISH MICRO MANUFACTURING UNIT FUNDING AGENCY SANCTION LOAN AMOUNT

IS___.

A. 25 LACS

B. 35 LACS

C. 15 LACS

D. NONE OF THESE

5. WHAT IS THE FULL FORM OF DIC ?

A. DIRECTOR OF INDUSTRY CENTRE

B. DIRECTION OF INDUSTRIAL CENTRE

C. DISTRICT INDUSTRIAL CENTRE

D. NONE OF THESE

6. OWNERSHIP OF A FORM IS CALLED _________ ORGANIZATION .

A. CORPORATION

B. PROPRIETORSHIP

C. PARTNERSHIP

D. NONE OF THESE

7. MICRO ORGANIZATION EMPLOYEE STRENGTH IS LESS THAN ______

A. 50

B. <50

C. > 50

D. NONE OF THESE

8. COMPANY REGISTRATION PROCESS FOR STATE GOVERNMANT IS CALLED ______

A. FEELING INDIA

B. AADHAR UDYOG

C. BOTH A & B

D. NONE OF THESE

9. WHAT IS THE FULL FORM OF NSIC?

A. NATIONAL SMALL INDUSTRIAL CORPORATION

B. NATION SOCIAL INSURANCE CENTRE

C. NATIONAL SMALL INSTITUTIONAL CENTRE

D. NONE OF THESE

10. 4 P’S IN MARKETING IS CALLED_______

A. PROGRAM, PROPER LOCATION, PROCESS OF BUSINESS, PLAN BUSINESS,

B. PRODUCT, PROGRAM, PRICE, PLACE,

C. PLACE, PROMOTION, PRICE, PRODUCT,

D. NONE OF THESE

11. PRODUCTIVITY IS THE COMBINATION OF_____.

A.OUTPUT DIVIDED INPUT

B. INPUT DIVIDED OUTPUT

C. EXPENDITURE MINUS OUTPUT

D. NONE OF THESE
12. MANUFACTURING UNITS PRODUCING _______.

A.PRODUCT

B. SERVICE

C. JOB

D. NONE OF THESE

13. GST MEANS_____________.

A. GOODS AND SERVICE TAX

B. GOOD AND SIMPLE TAX

C. GUIDE AND TRAIN TAX

D.NONE OF THESE

14. PROFIT CALCULATION BASED ON__________.

A. EXPENDITURE >INCOME

B. EXPENDITURE < INCOME

C. EXPENDITURE <>INCOME

D. NONE OF THESE

15. BUSINESS IS -------------

A. DEPENDENT

B. INDEPENDENT

C. SELF-EMPLOYMENT

D. NONE OF THESE

16. GDP MEANS ----------------

A.GENERAL DEPARTMENT PROGRAM

B. GROWTH DOMESTICS OF A PRODUCT

C. GROUP DISCUSSION PROGRAM

D. GROSS DOMESTIC PRODUCT

17. WORKING CAPITAL CONSISTS OF ______

A. RAW MATERIAL AND LABOUR

B. RENT AND LABOUR

C. RENT, LABOUR, RAW MATERIAL AND INTEREST

D. NONE OF THESE
18. INTELLECTUAL PROPERTY RIGHTS CREATES A PRODUCT_______

A. ENTRY BARRIER TO CUSTOMER

B. ENTRY BARRIER FOR COMPETITOR

C. A & B

D. NONE OF THESE

19. MULTITASKING ABILITY MEANS A PERSON CAN_______

A. ONE WORK ONE TIME

B. HANDLE MULTIPLE JOBS

C. MULTIPLE WORK AT A TIME

D. NONE OF THESE

20. FEAR IN BUSINESS ______ TO EXIT .

A. GIVE UP

B. STAY BACK

C. BACK

D. NONE OF THESE

21. LISTEN TO _____ IS VERY IMPORTANT IN BUSINESS.

A. CUSTOMER

B. BUSINESS MAN

C. ENTREPRENEURS

D. NONE OF THESE

22. WHAT IS THE AMOUNT OF LOAN THAT CAN BE GIVEN IN STARTUP INDIA SCHEME?

A. UPTO RS 10 LAKHS
B. RS 10 LAKHS TO RS 50 LAKHS
C. RS 10 LAKHS TO RS 1 CRORE
D. ABOVE RS 1 CRORE

23. SUCCESS IN BUSINESS IS REQUIRED---------.

A. HARD WORK

B. MANAGERIAL SKILL

C. GOOD KNOWLEDGE

D. CONFIDENCE

24. WITCHER THEORY SAYS TQM MEANS______.

A. TOTAL QUALITY MANAGEMENT

B. TOTAL QUALITY MEASURE

C. TOTAL QUALITY METER

D. NONE OF THESE.

25. REACTIVE APPROACH IS CALLED_______.

A. DETECTION

B. OBSERVATION

C. IDENTIFICATION

D. NONE OF THESE

26. PROACTIVE APPROACH IS CALLED__________.

A. PREVENTION

B. RETENTION

C. ACCUMULATION

D. NONE OF THESE

27. POSITIVE MIND SET GIVES AN ENTREPRENEURS _____.

A. STRONG DEAL

B. HANDSOME LOOK

C. UNDERSTANDING SKILL

D. NONE OF THESE.

28. FOCUS ESCAPES AN ENTREPRENEUR’S ____.

A. PROBLEMS

B. LOSS

C. DEALINGS

D. NONE

29. ENTREPRENEURS ARE--------- CREATOR.

A. PROGRAM

B. BUSINESS

C. JOB

D. SURVEY

30. TO CREATE GOOD ENTREPRENEURIAL RELATIONSHIP ______ SHOULD NOT BE THERE.

A. EGO
B. LOYAL

C. FRIENDLINESS

D. NONE OF THESE

31. BUSINESS GOES WRONG BECAUSE OF ________ MIND SET.

A. NEGATIVE

B. POSITIVE

C. UNCHANGEABLE

D. EMOTIONAL

32. ENTREPRENEURS ARE..................

A. PROGRAM

B. BUSINESS

C. JOB CREATORS

D. SURVEY

33. TOTAL QUALITY MANAGEMENT AIMED AT _______.

A. LONG TERM RELATION

B. GOOD PROFIT GENERATION

C. CUSTOMER RELATIONSHIP

D. NONE OF THESE

34. CUSTOMER SATISFACTION RELATED TO _______.

A. TQM

B. MANAGEMENT RELATIONSHIP

C. EMPLOYEE INVOLVEMENT

D. NONE OF THESE.

35. ENTREPRENEURIAL COMMUNITY CREATES _______ FOR THE SOCIETY.

A. UNEMPLOYMENT

B. BUSINESS OPPORTUNITY

C. NONE OF THESE

D. EMPLOYMENT

36. AN ECONOMIC MEASURE OF OUTPUT PER UNIT OF INPUT IS CALLED ______.

A. PROFIT

B. PRODUCTIVITY
C. LOSS

D. NONE OF THESE

37. SME’S MEANS ________.

A. SMALL AND MIDDLE ENTERPRISES

B. SMALL, MICRO ENTERPRISES

C. SMALL, MEDIUM ENTERPRISES

D. NONE OF THESE

38. SOCIAL FACTOR IS CONNECTED TO _______.

A.BUSINESS

B. INDUSTRY

C. SOCIETY

D.NONE OF THESE

39. LISTEN TO _____ IS VERY IMPORTANT IN BUSINESS.

A. CUSTOMER

B. BUSINESS MAN

C. ENTREPRENEURS

D. NONE OF THESE

40. INVENTORY IS ALSO REFERRED TO AS ________.

A. STOCK

B. WAREHOUSE CAPACITY

C. MATERIALS

D. MATERIALS IN HAND

41. IN MUDRA LOANS, RS 10 LACS LOANS UPTO RS.50,000 ARE CATEGORISED AS _________?

A.SHISHU
B.KISHORE
C.TARUN
D.NONE OF THE ABOVE

42. WHAT IS COLLATERAL SECURITY IN STARTUP INDIA?

A. NIL
B. LAND
C. EQUIPMENT
D. VEHICLES
43. UNDER WHICH DEPARTMENT OF GOVERNMENT OF INDIA THE SMALL INDUSTRIES
DEVELOPMENT BANK OF INDIA (SIDBI) OPERATES?

A. DEPARTMENT OF ECONOMIC AFFAIRS

B. DEPARTMENT OF FINANCIAL SERVICES
C. DEPARTMENT OF EXPENDITURE
D. DEPARTMENT OF REVENUE

44. THE METHOD BY WHICH USERS CAN TRANSFER MONEY IMMEDIATELY FROM ONE ACCOUNT
TO THE OTHER ACCOUNT, WITHIN THE SAME BANK OR ACCOUNTS ACROSS OTHER BANKS IS
CALLED AS __________?

A. REAL TIME GROSS SETTLEMENT (RTGS)

B. IMMEDIATE PAYMENT SERVICE (IMPS)
C. NATIONAL ELECTRONIC FUNDS TRANSFER (NEFT)
D. NONE OF THESE.
45. WHY IS AFTER SALES SERVICE NEEDED?

A. CUSTOMER SATISFACTION
B. CUSTOMER RETENTION
C. GENERATES LOYALTY
D. ALL OF THESE

46. IN KNOW YOUR CUSTOMER (KYC), STEPS ARE TAKEN TO _________?

A. ESTABLISH CUSTOMER IDENTITY

B. UNDERSTAND THE NATURE OF THE CUSTOMER’S ACTIVITIES
C. MONITORING THE CUSTOMER’S ACTIVITIES
D. ALL OF THEM

47. SEGMENTATION OF TARGET MARKETS IS BASED ON?

A. GEOGRAPHY
B. DEMOGRAPHICS
C. BEHAVIOR AND LIFESTYLE
D. ALL OF THESE

48. BRANDING MEANS___________?

A. CREATING A BRAND
B. DEFINE A BRAND
C. BOTH A AND B
D. NONE OF THESE

49. MARKETING IS A STRATEGICAL MIX OF___ C’S?

A. 1
B. 2
C. 3
 D. 4

50. PRIMARY DATA IS NOT COLLECTED FROM ____?

A. MANUFACTURERS
B. REPORTS
C. SUPPLIERS
D. CUSTOMERS

51. WHAT IS A TWO –WAY EXCHANGE PROCESS IN WHICH THE NEEDS AND WANTS OF THE BUYER
AND SELLER ARE SATISFIED?

A. MARKETING
B. SELLING
C. PRODUCING
D. ACCOUNTING

52. THE PROCESS OF CREATING SOMETHING NEW IS CALLED:

A. CREATIVE FLEXIBILITY
B. MANAGEMENT
C. BUSINESS
D. INNOVATION

53. ENTREPRENEURSHIP DEVELOPMENT PROGRAM IS HELPFUL FOR:

A. FIRST-GENERATION ENTREPRENEURS
B. FUTURE GENERATION ENTREPRENEURS
C. EXISTING ENTREPRENEURS
D. NONE OF THE ABOVE

54. AN ENTREPRENEUR WHO IS THE OWNER OF MORE THAN ONE BUSINESS IS CALLED:

A. PORTFOLIO ENTREPRENEUR

B.INTRAPRENEUR

C.CORPORATE ENTREPRENEUR

D.NONE OF THE ABOVE

55. WHICH OF THESE IS NOT A TYPE OF ENTREPRENEURSHIP?

A. SMALL BUSINESS ENTREPRENEURSHIP

B.SCALABLE ENTREPRENEURSHIP
C.LARGE SCALE ENTREPRENEURSHIP

D.INTRAPRENEURSHIP

56. THE ASSESMENT OF THE EXTERNAL AND INTERNAL ENVIRONMENT IS CALLED AS

A. PESTLE
B. SWOT
C. PEST
D. BEP

57. SWOT ANALYSIS IS A ______ TOOL.

A. CONCEPTUAL
B. MODERN
C. SCIENTIFIC
D. TRADITIONAL

58. NABARD IS A BANK FOR ______ DEVELOPMENT.

A. URBAN
B. AGRICULTURAL AND RURAL
C. SCIENTIFIC
D. AGRICULTURE AND RESEARCH

59. MARKET POTENTIAL OF THE PROJECT INCLUDES _____.

A. DEMAND AND SUPPLY CONDITIONS

B. MARKET STRATEGY
C. AFTER SALES SERVICE
D. ALL OF THE ABOVE

60. THE TERM ‘ENTREPRENEUR’ WAS DERIVED FROM FRENCH WORD ____________ .

A. ENTERPURPOSE
B. ENTERPRISE
C. ENTERPROCEDURE
D. ENTERPRENDRE

61. ERP STANDS FOR

A. ENTERPRISE RESOURCE PLANNING
B. ENERGY RESOURCE PLANNING
C. ENTERPRISES RECOVERY PLANNING
D. ENTERPRISES RESOURCE PLANE

62. AN ENTERPRISE MAY BE DEFINED AS AN ORGANIZATION OF PEOPLE THAT USES TECHNOLOGY

AND CARRIES OUT PREDEFINED PROCESS TO DELIVER
A. PRODUCTS
B. SERVICES
C. ALL OF THE ABOVE
D. NONE OF THE ABOVE

63.________ UNITS PROVIDES INPUTS TO OTHER INDUSTRIES.

A. EXPORTS
B. SMALL
C. ANCILLARY
D. NONE OF THESE

64. THE MSME DEVELOPMENT ACT CAME INTO FORCE IN THE YEAR ____.

A. 2005
B. 2006
C. 2007
D. NONE OF THESE

65. INVEST MONEY TOWARDS OTHER BUSINESS IS CALLED _______.

A. BUSINESS PARTNER

B. SHAREHOLDER

C. BUSINESS OWNER

D. NONE OF THESE

66. BUSINESS MODEL GIVES IMPORTANCE RELATED TO ________.

A. PROFIT & LOSS

B.MANPOWER

C.MARKET VIEW

D. NONE OF THESE

67. MARKET SURVEY IS TOOL THROUGH WHICH BUSINESS CAN ………….

A.MAXIMIZE RISK

B.MINIMIZE COMPETITION

C. NONE OF THESE

D.MINIMIZE RISK

68. THE MANUFACTURING ENTERPRISES ARE DEFINED IN TERMS OF INVESTMENT IN ___________.

A. FURNITURE
B. STOCK

C. PLANT & MACHINERY

D. NONE OF THESE

69. WHICH ONE OF THE FOLLOWING IS THE STEP INVOLVED IN SETTING UP A NEW ENTERPRISES?

A. CREATING A BUSINESS PLAN

B. MAKING A PRODUCT CHOICE

C. SELECTING THE LOCATION

D. SETTING UP INFRASTRUCTURE

70. CBDT STANDS FOR?

A. CENTRAL BOARD OF DIRECT TAXES

B. CENTRAL BOARD OF DIFFRENT TAXES
C. CENTRAL BOARD OF DEMINISHED TAXES
D. NONE OF THEM

71. IN PRODUCT MARKETING ________?

A. PRODUCTS COME TO CUSTOMERS

B. CUSTOMERS COME TO SERVICE
C. BOTH A AND B
D. NONE OF THESE

72. FOLLOWING IS NOT INVOLVED IN EDP

A. IDENTIFICATION OF ENTREPRENEURS FOR TRAINING

B. SELECTION OF ENTREPRENEURS FOR TRAINING

C. DEVELOPING ENTREPRENEURIAL CAPABILITIES

D. ARRANGING INFRASTRUCTURAL FACILITIES

73. EXIM BANK IS A __________.

A. STATE-LEVEL INSTITUTION

B. REGIONAL -LEVEL INSTITUTION

C. ALL INDIA INSTITUTION

D. INTERNATIONAL INSTITUTION.

74. DISTRICT INDUSTRIES CENTRES ARE LOCATED ____________.

A. IN EACH DISTRICT

B. IN EACH STATE

C. ONLY IN SELECTED DISTRICTS

D. ONLY IN SELECTED STATES

75. THE APPLICATION FOR REGISTRATION OF A SMALL SCALE UNIT SHOULD BE SUBMITTED TO THE
_______ .

A. GENERAL MANAGER, DIC.

B. DIRECTOR, DIC.

C. GENERAL MANAGER. NSIC.

D. DIRECTOR, NSIC.
76. WHAT DOES PMEGP STANDS FOR?

A. PRIME MINISTER’S EDUCATRION GENERATION PROGRAMME

B. PRIME MINISTER’S EMPLOYMENT GENERATION PROGRAMME
C. PRIME MINISTER’S ENTREPRENUERSHIP GENERATION PROGRAMME
D. PRIME MINISTER’S ENTREPRENUERSHIP GRADUATION PROGRAMME

77. ANY PATENTS, TRADEMARKS , COPYRIGHT OR TRADE SECRETS HELD BY THE ENTREPRENEUR
IS KNOWN AS?

A. DISCLOSURE DOCUMENT
B. PATENT
C. INTELLECTUAL PROPERTY
D. NONE OF THE MENTIONED

78. IN HOW MANY CLASSES ARE MSME CLASSIFIED ?

A. 2
B. 3
C. 4
D. 5

79. WHAT IS A GSTIN?

A. GST INFORMATION NUMBER

B. GST IDENTIFICATION NUMBER
C. GST IDEAL NUMBER
 D. NONE OF THEM

80. PEST ANALYSIS STANDS FOR?

A. POLITICAL, ECONOMIC, SOCIAL AND TECHNOLOGICAL

B. POLITICAL, ECONOMIC, SOCIAL AND TECHNICAL
C. POLITICAL, ECONOMIC, SOCIALOGY AND TECHNICAL
D. NONE OF ABOVE