Bihar Board 12th Entrepreneurship Objective Questions and Answers

BSEB Bihar Board 12th Entrepreneurship VVI Objective Questions Model Set 1 in English

Question 1.
Which of the following is a element of sensing the opportunities ?
(A) Ability to perceive
(B) Insight into the change
(C) Innovative quality
(D) All of these
Answer:
(D) All of these

Bihar Board 12th Entrepreneurship VVI Objective Questions Model Set 1 in English

Question 2.
Social Structure is composed of:
(A) Functional division of society
(B) Functional division of caste
(C) Functional division of community
(D) None of the above
Answer:
(C) Functional division of community

Question 3.
“A company’s marketing environment consists of the factors and foreces outside marketing that affect marketing management’s ability to develop and maintain successful transactions with its target customesr.” Who said this ?
(A) Cravens
(B) Kotler and Armstrong
(C) Marshal
(D) Thomas
Answer:
(C) Marshal

Question 4.
Which of the following is not to be considered while selecting a product or service ?
(A) Marketing Assessment
(B) Practicability
(C) Competition
(D) Product Planning
Answer:
(B) Practicability

Question 5.
Easy in formation is:
(A) Sole Trading
(B) Partnership Firm
(C) Joint Stock Company
(D) None of the above
Answer:
(A) Sole Trading

Bihar Board 12th Entrepreneurship VVI Objective Questions Model Set 1 in English

Question 6.
creates imperfection in the market which ultimately inceases the volume of sales and profit.
(A) Promotion
(B) Innovation
(C) Both of the above
(D) None of the above
Answer:
(B) Innovation

Question 7.
Following is not considered with quantifiable projects :
(A) Power generation
(B) Mineral production
(C) Family welfare
(D) Water supply
Answer:
(C) Family welfare

Question 8.
Input analysis deals with:
(A) Funding requirements
(B) Material requirements
(C) Labour requirements
(D) Resource requirements
Answer:
(D) Resource requirements

Question 9.
Gestation period is concerned with:
(A) Idea creation period
(B) Incubation period
(C) Implementation period
(D) Commercialisation period
Answer:
(C) Implementation period

Bihar Board 12th Entrepreneurship VVI Objective Questions Model Set 1 in English

Question 10.
Long-term loan bears:
(A) Fixed Rate of Interest
(B) Flexible Rate of Interest
(C) Zero Rate of Interest
(D) None of the above
Answer:
(A) Fixed Rate of Interest

Question 11.
Purchase of goodwill by issuing debentures is:
(A) Application of Fund
(B) Sources of Fund
(C) No flow of Fund
(D) None of these
Answer:
(C) No flow of Fund

Question 12.
Ideal Current Ratio is:
(A) 2:1
(B) 1:2
(C) 3:2
(D) 4:1
Answer:
(A) 2:1

Bihar Board 12th Entrepreneurship VVI Objective Questions Model Set 1 in English

Question 13.
Contribution:
(A) Sales Less Total Cost
(B) Sales Less Variable Cost
(C) Sales Less Fixed Cost
(D) None of these
Answer:
(B) Sales Less Variable Cost

Question 14.
Venture Capital thought was firstly originated in:
(A) India
(B) England
(C) America
(D) Japan
Answer:
(C) America

Question 15.
Labour-inensive technique is appropriate because is relates with:
(A) Unstable nature
(B) Movable nature
(C) Constant nature
(D) All of these
Answer:
(A) Unstable nature

Bihar Board 12th Entrepreneurship VVI Objective Questions Model Set 1 in English

Question 16.
“Management is a profession.” This statement is of:
(A) George R. Terry
(B) American Management Associations
(C) Henry Fayol
(D)Investment
Answer:
(B) American Management Associations

Question 17.
Money spent on marketing is:
(A) Wastage
(B) unnecessary expenditure
(C) Burden on the customers
(D) Investment
Answer:
(D) Investment

Question 18.
Naked debentures are:
(A) Fully secured
(B) Partly secured
(C) Unsecured
(D) None of these
Answer:
(C) Unsecured

Question 19.
Fixed cost per unit increases when:
(A) Production decreases
(B) Production increases
(C) Production remains same
(D) None of these
Answer:
(A) Production decreases

Bihar Board 12th Entrepreneurship VVI Objective Questions Model Set 1 in English

Question 20.
Under franchising:
(A) Control on the product remains in the hands of franchisor
(B) Control on the product goes in the hands of franchisee
(C) Above (a) and (b) both
(D) None of the above
Answer:
(A) Control on the product remains in the hands of franchisor

Question 21.
A successful entreneur must possess the quality of the following:
(A) Leadership
(B) Control
(C) Innovation
(D) All of these
Answer:
(D) All of these

Question 22.
A project is:
(A) Cluster of activities
(B) Single activity
(C) Group of innumerable activities
(D) None of these
Answer:
(A) Cluster of activities

Bihar Board 12th Entrepreneurship VVI Objective Questions Model Set 1 in English

Question 23.
Money spent on the preparation of project is:
(A) Investment
(B) Expenditure
(C) Wastage
(D) None of these
Answer:
(A) Investment

Question 24.
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 25.
Regular Working Capital is the part of:
(A) Permanent Working Capital
(B) Variable Working Capital
(C) Net Working Capital
(D) None of the above
Answer:
(A) Permanent Working Capital

Question 26.
Fixed cost per unit increases when:
(A) Production decreases
(B) Production increases
(C) Production remains same
(D) None of these
Answer:
(A) Production decreases

Bihar Board 12th Entrepreneurship VVI Objective Questions Model Set 1 in English

Question 27.
Profit volume ratio shows the relation between whom :
(A) Contribution and Profit
(B) Contribution and Loss
(C) Contribution and Sales
(D) None of these
Answer:
(C) Contribution and Sales

Question 28.
The of business also determines the born of organisation:
(A) Size
(B) Location
(C) Study
(D) None of these
Answer:
(A) Size

Question 29.
Which of the following is a kind of opportunities ?
(A) First opportunity
(B) Created opportunity
(C) Last opportunity
(D) None of the these
Answer:
(B) Created opportunity

Question 30.
Learning Process involves :
(A) Drive
(B) Cue
(C) Response
(D) Drive, Cue and Response
Answer:
(D) Drive, Cue and Response

Bihar Board 12th Entrepreneurship VVI Objective Questions Model Set 1 in English

Question 31.
Which of the following factors affect market assemssment ?
(A) Micro Environment
(B) Production Cost
(C) Demand
(D) None of the above
Answer:
(A) Micro Environment

Question 32.
Out of the following what is essential to study in feasibility study ?
(A) Cost
(B) Price
(C) Govern
(D) All of the above
Answer:
(D) All of the above

Question 33.
What are the things that enterprise do ? The paths they ’ follow and the decision they take in order to reach certeia points and levels of success.
(A) Production
(B) Distribution
(C) Marketing
(D) Strategies
Answer:
(D) Strategies

Bihar Board 12th Entrepreneurship VVI Objective Questions Model Set 1 in English

Question 34.
A successful entrepreneur must possess the quality of the following:
(A) Leadership
(B) Control
(C) Innovation
(D) All of these
Answer:
(D) All of these

Question 35.
Modernisation improves:
(A) Products
(B) Production
(C) Processes
(D) Capacity
Answer:
(D) Capacity

Bihar Board 12th Entrepreneurship VVI Objective Questions Model Set 1 in English