ENTREPRENEURSHIP SCENARIO - BUSINESS ENVIRONMENT

NameEmailPhone Number

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1. Globally India Ranks in

A) (a) 3rd position with 4200 startups

B) (b) 4th position with 4200 startups

C) (d) 5th position with 4800 startups

D) (c) 2nd position with 4500 startups

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2.

To give boost to the make in India programme, the MSME Ministry
launched ................. .

A) (d) ASPIRE

B) (b) SBA

C) (a) NDFC

D) (c) SETU

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3. Businesses as entrepreneurial hubs is one of the major drivers identified by

A) (d) None of the above

B) (a) The expert committee on Innovation and Entrepreneurship

C) (b) Innovative start ups

D) (c) Incubation Policy

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4. The functional arms of Ministry of Skill Development and Entrepreneur- ship are:

A) (c) National Skill Development Fund (NSDF)

B) (a) National Skill Development Agency (NSDA)

C) (b) National Skill Development Corporation (NSDC)

D) (d) All of these

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5.

NSDC operates through ................. with multiple stakeholders in catalysing and evolving
the skilling ecosystem

A) (d) None of these

B) (b) Good faith

C) (a) Partnership

D) (c) Mutual concern

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6.

Under the ................. 50 percent of stipend payable to apprentices would be reimbursed
by the government for the first two years is an incentive for MSME units to take in more
apprentices.

A) (c) Workmens Compensation Act

B) (a) Apprentice Protsahan Yojana

C) (b) Apprenticeship Act 1961

D) (d) None of the above

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7.

Which ministry is responsible for co-ordination of all skill development efforts across the
country?

A) (d) All of these

B) (b) Ministry of skill development and Entrepreneurship

C) (c) Ministry of Corporate

D) (a) Ministry of finance

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8. A start up is a company that is in the ................. stage of its operations.

A) (d) Slow

B) (c) Middle

C) (b) First

D) (a) Early

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9.

The loans given to SC/ST and women Entrepreneurs under stand up India Scheme
range from:

A) (d) 15 lakh to 2 crore

B) (c) 10 lakh to 1 crore

C) (b) 15 lakh to 1 crore

D) (a) 5 lakh to 1 crore

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10. The key objectives of the AIM (Atal Innovation Mission) are

A) (b) To provide platform and collaboration

B) (a) To create an umbrella structure

C) (c) To create awareness and provide knowledge

D) (d) All of these

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11. STAND UP INDIA scheme provides loans to entrepreneurs of:

A) (d) All of these

B) (a) Schedule caste

C) (b) Schedule Tribe

D) (c) Women

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12. What is the meaning of term SETU in Hindu?

A) (b) Rice

B) (a) Wheat

C) (d) Pool

D) (c) Bridge

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13. NSDC operates through partnerships with

A) (d) All of these

B) (a) Private Sector

C) (b) Central Ministries

D) (c) State Government

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14. In the World Bank’s Ease of Doing Business Ranking 2015 India is placed at

A) (a) 154 place out of the total of 184 economies

B) (d) 146 place out of a total of 188 economies

C) (a) 154 place out of the total of 184 economies

D) (c) 148 place out of total of 190 economies

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15. Which of these functional arms play a role of a “market-maker” '

A) (b) NSDA

B) (d) MSDE

C) (c) NSDC

D) (a) NSDC

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16. The main objectives of the NSDC are to:

A) (a) Upgrade skills to international standards

B) (b) Enhance, support and co-ordinate private sector initiatives

C) (d) All of these

D) (c) Prioritize initiatives that can have a multiplier or catalytic effect

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17. National Skill Development Agency is based under which Act:

A) (b) Entrepreneurship Act, 1980

B) (d) Partnership Act, 1932

C) (a) Society’s Registration Act 1860

D) (c) Ministry Development Act, 1872

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18.

The scheme launched by MSME Ministry in March 2015, for promotion of Innovation,
Rural Industry and Entrepreneurship.

A) (a) Aspire scheme

B) (d) All of the above

C) (b) Mudra scheme

D) (c) Atal Innovation Mission

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19. To get a loan from stand up India Scheme, the age of the company should not exceed

A) (a) 1 year

B) (d) 5 years

C) (b) 2 years

D) (c) 3 years

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20. Expansion of term SETU is

A) (d) Self Employment and talent utilization

B) (c) Self expert and team utilization

C) (b) Self exchange and trust utilization

D) (a) Self exchange and talent utilization

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21. For the ease of doing business the MSME unit has to fill in a single one page self declaration online from called.

A) (c) Company Incorporation Form

B) (b) E-Adhaar

C) (a) Udyog Adhaar

D) (d) None of these

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22.

3. NSDC is a unique model created with a well though underlying philosophy based on
which pillars:

A) (d) None of these

B) (b) Fund

C) (a) Create

D) (c) Both (a) and (b)

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