Q. A new venture's business plan is important because ______.
✅ Correct Answer: (C)
Provides a guide for business activities by defining objectives.
Entrepreneurship Development MCQs and Notes
Q. A business plan is important for all of the following reasons EXCEPT:
✅ Correct Answer: (B)
a business plan provides lenders and investors assurance that they will earn a decent return.
Q. ………………………………. the process of collection, compilation and analysis of economic data for the purpose of finding out possible opportunities for investment.
✅ Correct Answer: (C)
project identification
Q. ………………refers to any investment opportunity which is to be exploited for profit.
✅ Correct Answer: (B)
project
Q. The Head Office of KINFRA is located at………………………
✅ Correct Answer: (A)
thiruvananthapuram
Q. Which of these is not a state level promotional institutions
✅ Correct Answer: (C)
niesbud
Q. …………………… is an area where applied research on high tech projects is conducted
✅ Correct Answer: (A)
step
Q. KITCO was established in ………………
✅ Correct Answer: (C)
1972
Q. …………………… provides consultancy services to small and medium enterprises at reasonable cost
✅ Correct Answer: (B)
tco
Q. ……………. Is a National level apex organization of young entrepreneurs
✅ Correct Answer: (A)
naye