Classical

Entrepreneurship and Innovation - Entrepreneurship and Innovation Questions

51:  

Match the following

List-I (List of Functions of Entrepreneur)

(A) Exchange

(B) Administrative

(C) Managerial control

(D) Technological

List-II (Nature of Functions of Entrepreneur)

1. Industrial Technological Work

2. Production Management

3. Marketing Management

4. Human Resource Management

5. Cost

A.

(A) (B) (C) (D)

1    2    3    4

B.

(A) (B) (C) (D)

3    4    2    1

C.

(A) (B) (C) (D)

3    1    4    2

D.

(A) (B) (C) (D)

1    3    2    4

 
 

Option: B

Explanation :

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52:  

99. Match the following

List-I (Theories of Entrepreneurship)   List-II (Elements)

(A) Process theory                                      1. Employment

(B) Entrepreneurial disposition theory         2. Demand and supply direction

(C) Economic theory                                   3. Development

(D) Cultural theory                                     4. Dynamic

                                                                 5. Social cost

A.

(A) (B) (C) (D)

1    2    3    4

B.

(A) (B) (C) (D)

3    4    2    1

C.

(A) (B) (C) (D)

1    3    2    4

D.

(A) (B) (C) (D)

1    4    3    2

 
 

Option: B

Explanation :

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53:  

Match the following

List-I (Types of Debentures)    List-II (Features)

(A) Registered debentures            1. Nomination

(B) Bearer debentures                  2. Transfer by delivery

(C) Partly convertible                    3. Semi-option

(D) Non-redeemable                     4. Payment at windup of the firm

                                                   5. Payment at maturity

A.

(A) (B) (C) (D)

3    1    4    2

B.

(A) (B) (C) (D)

1    2    3    4

C.

(A) (B) (C) (D)

1    3    2    4

D.

(A) (B) (C) (D)

1    4    3    2

 
 

Option: B

Explanation :

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54:  

Which is the type of patent?

A.

Plant patents covering various forms of life and genetically engineered organisms

B.

Design patents covering new and original ornamental designs for manufactured products

C.

Utility patents for new articles, processes, machines and techniques

D.

All of the above

 
 

Option: D

Explanation :

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55:  

A surety is not liable

A.

If the terms of contract are changed without his consent.

B.

If the terms of contract are changed.

C.

When the principal breaches a contract with the creditor.

D.

None of the above.

 
 

Option: A

Explanation :

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