Category: Class 12

Bihar Board 12th Entrepreneurship Objective Questions and Answers

BSEB Bihar Board 12th Entrepreneurship Objective Answers Chapter 8 Formulation of Project Report and Project Appraisal

Question 1.
Techno-ecnotnic analysis deals with identification of the:
(A) Supply Potential
(B) Demand Potential
(C) Export Potential
(D) Import Potential
Answer:
(B) Demand Potential

Question 2.
Input analysis deals with:
(A) Funding requirements
(B) Material requirements
(C) Labour requirements
(D) Resources requirements
Answer:
(D) Resources requirements

Question 3.
Labour requirements DPR is a:
(A) Working Plan
(B) Action Plan
(C) Implementation Plan
(D) None of the above
Answer:
(B) Action Plan

Question 4.
Project is prepared:
(A) By Promoters
(B) By Managers
(C) By Enterpreneurs
(D) By all these
Answer:
(D) By all these

Question 5.
Money spent on the preparation of project is:
(A) Investment
(B) Expenditure
(C) Wastage
(D) None of these
Answer:
(A) Investment

Question 6.
Aspects of project evaluation is:
(A) Technical Evaluation
(B) Financial Evaluation
(C) Managerial Evaluation
(D) All of these
Answer:
(D) All of these

Question 7.
In project identification is needed :
(A) Experience
(B) Use of Mind
(C) Both experience and Use of Mind
(D) None of these
Answer:
(C) Both experience and Use of Mind

Question 8.
Project report is a summary of:
(A) Facts
(B) Informations
(C) Analysis
(D) All these
Answer:
(D) All these

Question 9.
Pay-back period deals with:
(A) Period required for profit earning process
(B) Period required for cost of investment recovery
(C) Period required for fixed cost recovery
(D) None of the above
Answer:
(B) Period required for cost of investment recovery

Bihar Board 12th Entrepreneurship Objective Questions and Answers

BSEB Bihar Board 12th Entrepreneurship Objective Answers Chapter 14 Venture Capital: Sources and Means of Funds

Question 1.
Risk Capital Foundation was established in:
(A) 1970
(B) 1975
(C) 1986
(D) 1988
Answer:
(B) 1975

Question 2.
Venture Capital thought was firstly originated in:
(A) India
(B) England
(C) America
(D) Japan
Answer:
(C) America

Question 3.
Risk Capital Foundation was established by:
(A) IFCI
(B) Un
(C) IDBI
(D) ICICI
Answer:
(A) IFCI

Question 4.
Venture Capital contains:
(A) High Risk
(B) Venture Risk
(C) No Risk
(D) None of the these
Answer:
(A) High Risk

Question 5.
Technological Development and Infrastructure Corporation of India was established in the year:
(A) 1975
(B) 1986
(C) 1988
(D) 1990
Answer:
(C) 1988

Question 6.
India Investment Fund was established by:
(A)IFCI
(B) Grindlary Bank
(C) State Bank
(D) Can Bank
Answer:
(B) Grindlary Bank

Question 7.
Venture Capital is Provided for:
(A) High Risk Units
(B) Technical Units
(C) Institutional Units
(D) All of these
Answer:
(D) All of these

Question 8.
As per Indian Goverment’s instruction Debt Equity Ratio is:
(A) 1.5
(B) 2.0
(C) 0.5
(D) 2.5
Answer:
(A) 1.5

Bihar Board 12th Entrepreneurship Objective Questions and Answers

BSEB Bihar Board 12th Entrepreneurship Objective Answers Chapter 13 Break-Even Analysis

Question 1.
B.E.P.=

Answer:
(A)

Question 2.
Contribution:
(A) Sales Less Total Cost
(B) Sales Less Variable Cost
(C) Sales Leu Fixed Cost
(D) None of these
Answer:
(B) Sales Less Variable Cost

Question 3.
Margin of Safety:
(A) Sales Less Contribution
(B) Actual Sales Less B .E.P. Sales
(C) BEP Sales Less Actual Sales
(D) None of these
Answer:
(B) Actual Sales Less B .E.P. Sales

Question 4.
P/V Ratio:

Answer:
(A)

Question 5.
The difference between actual sales and break-even sale is known as ?
(A) Margin of safety
(B) Total Cost
(C) Break-even point
(D) None of the above
Answer:
(A) Margin of safety

Question 6.
What break-even point shows ?
(A) Profit
(B)Loss
(C) Neither profit nor loss
(D) None of the above
Answer:
(C) Neither profit nor loss

Question 7.
Profit volume ratio shows the relation between whom ?
(A) Contribution and profit
(B) Contribution and loss
(C) Contribution on and sales
(D) None of the above
Answer:
(C) Contribution on and sales

Bihar Board 12th Entrepreneurship Objective Questions and Answers

BSEB Bihar Board 12th Entrepreneurship Objective Answers Chapter 7 Concept of Project and Planning

Question 1.
Project identification deals with:
(A) Viable Product idea
(B) Logical opportunity
(C) Effective demand
(D) None of these
Answer:
(A) Viable Product idea

Question 2.
Following is not considered with quantifiable projects :
(A) Power generation
(B) Mineral production
(C) Family welfare
(D) Water supply
Answer:
(C) Family welfare

Question 3.
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 4.
Factor intensity oriented projects are:
(A) Capital oriented projects
(B) Labour intensive projects
(C) Technology oriented projects
(D) Both (a) and (b)
Answer:
(D) Both (a) and (b)

Question 5.
A project is:
(A) Cluster of activities
(B) Single activity
(C) Group of innumerable activities
(D) None of these
Answer:
(A) Cluster of activities

Question 6.
Project life cycle is not concerned with the following:
(A) Pre-investment stage
(B) Constructive stage
(C) Normalisation stage
(D) Stabilisation stage
Answer:
(D) Stabilisation stage

Question 7.
Project is not concerned with :
(A) Innovation
(B) Vision
(C) Risk
(D) Creativity
Answer:
(D) Creativity

Question 8.
Project management is not concerned with:
(A) Functional approach
(B) Centralised policy formulation
(C) Decentralised implementation
(D) Decentralised policy formulation
Answer:
(D) Decentralised policy formulation

Question 9.
Expansion project helps in:
(A) Supplementing the existing resources
(B) Capturings supply of critical inputs
(C) Encashing additional opportunities
(D) None of these
Answer:
(C) Encashing additional opportunities

Question 10.
Modernisation improves:
(A) Products
(B) Production
(C) Processes
(D) Capacity
Answer:
(D) Capacity

Bihar Board 12th Entrepreneurship Objective Questions and Answers

BSEB Bihar Board 12th Entrepreneurship Objective Answers Chapter 12 Accounting Ratios

Question 1.
Net working capital means:
(A) C. A.-C.L.
(B) C.A. + C.L.
(C) C.L. – C.A.
(D) None of the above
Answer:
(A) C. A.-C.L.

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

Question 3.
Which of the following is not an Operating Expense ?
(A) Advertising Expense
(B) Preliminary exp written off
(C) Wages
(D) Rent
Answer:
(B) Preliminary exp. written off

Question 4.
Stock Turnover Ratio comes under:
(A) Liquidity Ratio
(B) Profitability Ratio
(C) Activity Ratio
(D) Financial Position Ratio
Answer:
(C) Activity Ratio

Question 5.
Current Ratio is :
(A) Balance Sheet Ratio
(B) P/L Ratio
(C) Composit Ratio
(D) None of these
Answer:
(A) Balance Sheet Ratio

Question 6.
Ratio provide a ……… measure of a company’s performance and condition:
(A) Qualitative
(B) Relative
(C) Definite
(D) Goods
Answer:
(B) Relative

Question 7.
The primary concern of creditors when assessing the strength of a firm is the firm’s:
(A) Liquidity
(B) Share price
(C) Solvency
(D) Profitability
Answer:
(D) Profitability

Question 8.
The two basic measures of liquidity are:
(A) Stock & Debtors Turnover Ratio
(B) Current ratio & operating ratio
(C) Current ratio and liquid ratio
(D) Gross & Net Profit Ratio
Answer:
(C) Current ratio and liquid ratio

Question 9.
Analysis involves comparison of current to past performance and the evaluation of developing kind:
(A) Time Series
(B) Marginal
(C) Quantitative
(D) Cross-sectional
Answer:
(A) Time Series

Question 10.
Ratios are a measure of the speed with which various accounts are converted into sales or cash:
(A) Activity
(B) Debt
(C) Solvency
(D) Liquidity
Answer:
(A) Activity

Question 11.
The ………. is useful in evaluating credit and collection policies:
(A) Liquid Ratio
(B) Current Ratio
(C) Average payment period
(D) Average collection period
Answer:
(D) Average collection period

Question 12.
The……. ratios are primarily measures of return:
(A) Debt
(B) Profitability
(C) Activity
(D) Liquidity
Answer:
(C) Activity

Question 13.
The foilwing groups of ratios primarily measure risk:
(A) Activity, liquidity and profitablity
(B) Activity, debt and profitability
(C) Liquidity, activity, and common share
(D) Liquidity, activity and debt
Answer:
(B) Activity, debt and profitability

Bihar Board 12th Entrepreneurship Objective Questions and Answers

BSEB Bihar Board 12th Entrepreneurship Objective Answers Chapter 6 Business Planning

Question 1.
An entrepreneur prefers which form of organisation if production is to be undertaken on small scale basis ?
(A) Sole Trade
(B) Partnership
(C) Company
(D) None of the above
Answer:
(A) Sole Trade

Question 2.
creates imperfection in the market which ultimately increases the volume of sales and profit.
(A) Promotion
(B) Innovation
(C) Both of the above
(D) None of the above
Answer:
(B) Innovation

Question 3
is defined as discovery of business opportunities.
(A) Marketing
(B) Innovation
(C) Promotion
(D) None of the above
Answer:
(C) Promotion

Question 4.
The of business also determines the form of organisation.
(A) Size
(B) Location
(C) Study
(D) None of the above
Answer:
(A) Size

Question 5.
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 6.
Which of the following is a main problem connected with business ?
(A) Profit
(B) Money
(C) Sales
(D) Risk Management
Answer:
(D) Risk Management

Question 7.
Out of the following formulating of the general plt.u of business depends ?
(A) Project Report
(B) Plant and Production Planning
(C) Marketing Planning
(D) Financial Planning
Answer:
(B) Plant and Production Planning

Bihar Board 12th Entrepreneurship Objective Questions and Answers

BSEB Bihar Board 12th Entrepreneurship Objective Answers Chapter 5 Selection and Setting Up of An Enterprise

Question 1.
Selection of an enterprise depends on:
(A) Sole Trading
(B) Right of Entrepreneur
(C) Self Ability of Entrepreneur
(D) None of the above
Answer:
(C) Self Ability of Entrepreneur

Question 2.
Easy in formation is:
(A) Sole Trading
(B) Partnership Firm
(C) Joint Stock Company
(D) None of the above
Answer:
(A) Sole Trading

Question 3.
The point which considered while selecting an enterprise is:
(A) Product
(B) Marketing
(C) Availability of Capital
(D) None of the above
Answer:
(C) Availability of Capital

Question 4.
Out of the following which is defined as discovery of business opportunities ?
(A) Product
(B) Promotion
(C) Marketing
(D) Production
Answer:
(B) Promotion

Question 5.
What are the things that enterprise do ? The paths they follow and the decision they take in order to reach certain points and levels of success.
(A) Production
(B) Distribution
(C) Marketing
(D) Strateties
Answer:
(D) Strateties

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

Question 7.
How will you formulate general plan of business ?
(A) By production planning
(B) By cost planning
(C) By Financial Planning
(D) By doing all of the above
Answer:
(D) By doing all of the above

Question 8.
An enterpreneur prefers which form of organisation if production is to be undertaken on small basis ?
(A) Sole Trade
(B) Partnership
(C) Company
(D) None of the above
Answer:
(A) Sole Trade

Question 9.
creates imperfection in the market which ultimately increases the volume of sales and profit.
(A) Promotion
(B) Innovation
(C) Both of the above
(D) None of the above
Answer:
(B) Innovation

Question 10.
is defined as discovery of business opportunities
(A) Marketing
(B) Innovation
(C) Promotion
(D) None of the above
Answer:
(C) Promotion

Question 11.
The of business also determines the form of organisation.
(A) Size
(B) Location
(C) Study
(D) None of the above
Answer:
(A) Size

Question 12.
A successful enterpreneur must possess the quality of the following:
(A) Leadership
(B) Control
(C) Innovation
(D) All of these
Answer:
(D) All of these

Question 13.
Which of the following is a main problem connected with business ?
(A) Profit
(B) Money
(C) Sales
(D) Risk Managements
Answer:
(D) Risk Managements

Question 14.
Out of the following formulating of the general plan of business depends ?
(A) Project Report
(B) Plant and Production Planning
(C) Marketing Planning
(D) Financial Planning
Answer:
(B) Plant and Production Planning

Bihar Board 12th Entrepreneurship Objective Questions and Answers

BSEB Bihar Board 12th Entrepreneurship VVI Objective Questions Model Set 7 in English

Question 1.
Responsibility of Entrepreneurs are-
(A) Towards Society
(B) Towards Government
(C) Towards Environment
(D) All of the above
Answer:
(A) Towards Society

Question 2.
Marketing expenditure is a burden –
(A) On Industry
(B) On businessman
(C) On Consumers
(D) On all of these
Answer:
(D) On all of these

Question 3.
Learning process involves –
(A) Drive
(B) Cue
(C) Repayment
(D) Drive, Cue & Response
Answer:
(C) Repayment

Question 4.
Duty of Entrepreneur ‘s –
(A) Overcharging
(B) Tax-invasion
(C) Environment pollution
(D) None of these
Answer:
(D) None of these

Question 5.
The social responsibility of management is –
(A) Towards all
(B) Only Towards Employees
(C) Towards Government
(D) None of these
Answer:
(B) Only Towards Employees

Question 6.
Naked Debentures are –
(A) Fully Secured
(B) Partly Secured
(C) Unsecured
(D) None of these
Answer:
(A) Fully Secured

Question 7.
Easy in establishment is –
(A) Sole Trade
(B) Partnership Firm
(C) Joint Stock Company
(D) None of these
Answer:
(A) Sole Trade

Question 8.
Which of the following is a kind of opportunities ?
(A) First opportunity
(B) Created opportunity
(C) Last opportunity
(D) None of these
Answer:
(A) First opportunity

Question 9.
Market Demand is also known as –
(A) Demand forecasting
(B) Real Demand
(C) Supply
(D) None of these
Answer:
(D) None of these

Question 10.
Fixed cost includes –
(A) Cost of Raw material
(B) Cost of Labour
(C) Cost of power
(D) Cost of factory
Answer:
(C) Cost of power

Question 11.
Following things are necessary for market assessment –
(A) Supply
(B) Demand
(C) Nature of competition
(D) All of the above
Answer:
(D) All of the above

Question 12.
The important aspects of product inspection are –
(A) Production inspection
(B) Process inspection
(C) Inspection analysis
(D) All of the above
Answer:
(D) All of the above

Question 13.
Project is prepared –
(A) By promoters
(B) By Managers
(C) By Entrepreneurs
(D) By all of these
Answer:
(C) By Entrepreneurs

Question 14.
Personal Selling is –
(A) Verbal Presentation
(B) Written Presentation
(C) Visual Presentation
(D) None of these
Answer:
(D) None of these

Question 15.
Social structure is composed at –
(A) Functional Division of Society
(B) Functional Division of Caste
(C) Functional Division of Community
(D) None of the above
Answer:
(B) Functional Division of Caste

Question 16.
Which of the following is important for environment ?
(A) Searching of opportunities
(B) Avoidance of unethical behavior
(C) Fulfillment of social obligations
(D) Profit Earning Process
Answer:
(A) Searching of opportunities

Question 17.
The determinants of bonds decisions are –
(A) Amount of profits
(B) Liquidity of funds
(C) Age of the company
(D) All of the above
Answer:
(C) Age of the company

Question 18.
Which of the following factors is to be considered while selecting a product of service ?
(A) Cost of Production
(B) Competition
(C) Profit possibility
(D) All of the above
Answer:
(A) Cost of Production

Question 19.
A good plan is-
(A) Expensive
(B) Time consuming
(C) Flexible
(D) Rigid
Answer:
(D) Rigid

Question 20.
Planning may be-
(A) Short-term
(B) Mid-term
(C) Long-term
(D) For all terms
Answer:
(D) For all terms

Question 21.
Planning –
(A) Necessary
(B) Unnecessary
(C) Wastage of time
(D) Wastage of money
Answer:
(A) Necessary

Question 22.
Which of the following is an element of sensing the ‘ opportunities ?
(A) Ability of percerse
(B) Insight into the change
(C) Innovative quality
(D) All of these
Answer:
(C) Innovative quality

Question 23.
Long term loan bears –
(A) Fixed Rate of Interests
(B) Flexible Rate of Interest
(C) Zero Rate of Interest
(D) None of the above
Answer:
(C) Zero Rate of Interest

Question 24.
Venture capital contains –
(A) High Risk
(B) Venture Risk
(C) No Risk
(D) None of these
Answer:
(D) None of these

Question 25.
Current Assets include-
(A) Furniture
(B) Investment
(C) Good will
(D) Debtors
Answer:
(D) Debtors

Question 26.
Modernization improves –
(A) Products
(B) Production
(C) Process
(D) Capacity
Answer:
(A) Products

Question 27.
Integration Means-
(A) Internal expansion
(B) External expansion
(C) Internal and External Expansion
(D) None of the above
Answer:
(A) Internal expansion

Question 28.
Management is –
(A) Art
(B) Science
(C) Arts & Science both
(D) None of the above
Answer:
(D) None of the above

Question 29.
DPR is a-
(A) Working Plan
(B) Action Plan
(C) Implementation Plan
(D) None of the above
Answer:
(A) Working Plan

Question 30.
A Project is-
(A) Cluster of activities
(B) Single activity
(C) Group of innumerable activities
(D) None of these
Answer:
(D) None of these

Question 31.
Project Report is a summary of –
(A) Facts
(B) Information
(C) Analysis
(D) All of these
Answer:
(D) All of these

Question 32.
Dividend is-
(A) Net Profit
(B) Appropriation of Profit
(C) Reserve Fund
(D) Part of undistributed Profit
Answer:
(C) Reserve Fund

Question 33.
The most extensive scope is of –
(A) Brand
(B) Labelling
(C) Packaging
(D) Trademark
Answer:
(D) Trademark

Question 34.
The advantage of Marketing to-
(A) Consumers
(B) Businessmen
(C) Manufacturers
(D) To all
Answer:
(A) Consumers

Question 35.
The foremost need in the development of a country is of-
(A) Physical Resources
(B) Economic Resources
(C) Efficient Management
(D) None of the above
Answer:
(D) None of the above

Bihar Board 12th Entrepreneurship Objective Questions and Answers

BSEB Bihar Board 12th Entrepreneurship Objective Answers Chapter 11 Fund Flow Statement

Question 1.
The term ‘Fund’ as used in Fund Flow Analysis means :
(A) Cash only
(B) Current Assets
(C) Current Liability
(D) Excess of Current Assets over Current Liabilities
Answer:
(D) Excess of Current Assets over Current Liabilities

Question 2.
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 3.
Opening Stock is:
(A) Sources of fund
(B) Application of Fund
(C) No flow of fund
(D) None of these
Answer:
(B) Application of Fund

Question 4.
Closing Stock is:
(A) Sources of Fund
(B) Application of fund
(C) No flow of fund
(D) None of these
Answer:
(A) Sources of Fund

Question 5.
Increase in Share premium is:
(A) Sources of fund
(B) Application of fund
(C) No flow of fund
(D) None of these
Answer:
(A) Sources of fund

Question 6.
Increase in Fixed Assets due to Cash Purchase is:
(A) Sources of fund
(B) Applicaiton of fund
(C) Inflow of fund
(D) None of these
Answer:
(B) Applicaiton of fund

Question 7.
What will do purchase of plant in working capital:
(A) Decrease
(B) Increase
(C) No effect
(D) None of the above (a) and (b)
Answer:
(A) Decrease

Bihar Board 12th Entrepreneurship Objective Questions and Answers

BSEB Bihar Board 12th Entrepreneurship Objective Answers Chapter 10 Fixed and Working Capital Requirements

Question 1.
Various public utility undertakings have to invest heavily on :
(A) Current Assets
(B) Fixed Assets
(C) Fictitious Assets
(D) None of the above
Answer:
(B) Fixed Assets

Question 2.
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 3.
Working Capital
(A) Permanent Working Capital
(B) Variable Working Capital
(C) Regular and Seasonal
(D) All the above
Answer:
(D) All the above

Question 4.
Net Working Capital means:
(A) C. A.-C.L.
(B) C. A.+ C. L.
(C) C. L. – C. A.
(D) None of the above
Answer:
(A) C. A.-C.L.

Question 5.
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 6.
Fixed cost includes:
(A) Cost of raw material
(B) Cost of labour
(C) Cost of power
(D) Cost of factory
Answer:
(D) Cost of factory

Question 7.
Fixed Capital is:
(A) Long-term
(B) Short-term
(C) Permanent
(D) None of the above
Answer:
(A) Long-term

Question 8.
Working Capital is what type in the nature ?
(A) Stable
(B) Unstable
(C) Floating
(D) Neither A nor B above
Answer:
(B) Unstable

Bihar Board 12th Entrepreneurship Objective Questions and Answers

BSEB Bihar Board 12th Entrepreneurship Objective Answers Chapter 4 Identification of Entrepreneurial Opportunities and Feasibility Study

Question 1.
Which of the following factors is to be considered while selecting a product or sevice ?
(A) Competition
(B) Cost of production
(C) Profit possibility
(D) All f the above
Answer:
(D) All f the above

Question 2.
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:
(D) Product Planning

Question 3.
Enterpreneur have the responsibility to meet which of the following obligation ?
(A) Statutory
(B) Managerial
(C) Neither a nor b of the above
(D) a and b above
Answer:
(A) Statutory

Question 4.
An enterpreneur is both a worker and ?
(A) Investor
(B) Manager
(C) Owner
(D) None of the above
Answer:
(C) Owner

Question 5.
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