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Entrepreneurship Development

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Q 1. DIC is headed by General Manager in the rank of ___________.

(A) Joint Director of industries.
(B) Assistant Director of industries.
(C) Non-departmental officer.
(D) Departmental officer.
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Correct Answer: Option (A)
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Q 2. EXIM bank is a __________.

(A) State-level institution.
(B) Regional -level institution.
(C) All India institution.
(D) International institution.
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Correct Answer: Option (C)
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Q 3. The purpose of soft loan scheme is to encourage units to undertake ___________.

(A) modernization of plant and machinery.
(B) replacement of plant and machinery.
(C) renovation of plant and machinery.
(D) all the above
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Correct Answer: Option (D)
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Q 4. District Industries Centres are located ____________.

(A) in each district.
(B) in each state.
(C) only in selected districts.
(D) only in selected states
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Correct Answer: Option (A)
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Q 5. 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.
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Correct Answer: Option (A)
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Q 6. National Alliance of Young Entrepreneurs (NAYE) Sponsored an Entrepreneurial Development scheme with Bank of India in______________.

(A) January 1920.
(B) August 1920.
(C) January 1972.
(D) August 1972.
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Correct Answer: Option (D)
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Q 7. DGTD stands for __________.

(A) Directorate General of Technical Development.
(B) District General of Technical Development.
(C) District General of Taxation Deduction.
(D) Directorate General of Taxation Deduction
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Correct Answer: Option (A)
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Q 8. A provisional SSI registration certificate is valid for a period of __________.

(A) four Years.
(B) three Years.
(C) two Years.
(D) one year.
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Correct Answer: Option (D)
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Q 9. Which of the following is a function of SIDBI?

(A) Extension of seed capital.
(B) Discounting of bills.
(C) Providing factoring services.
(D) All of the above
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Correct Answer: Option (D)
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Q 10. SIDBI was set up as a subsidiary of_________.

(A) IDBI.
(B) IFCI.
(C) ICICI.
(D) SFC
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Correct Answer: Option (A)
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