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Entrepreneurship and Small Business Management MCQ - Entrepreneurship Development MCQ

This section contains 20 questions Time allowed is 10 minutes

1 In the stage of responsibility allocation process the entrepreneur follows:

2 According to the governing bodies of common laws, the life of trade secret is

3

Match the following

List-I (Organisation)	List-II (Year of Formation)
(A) All India Small Scale Industries Board	1. 1955
(B) National Small Industries Corporation Ltd.	2. 1956
(C) State Trading Corporation of India Ltd.	3. 1954
(D) National Research and Development Corporation	4. 1953

	A	B	C	D
I	1	2	3	4
II	1	2	4	3
III	3	1	2	4
IV	3	4	2	1

4 Match the following

List-I (Source of Capital)	List-II (Nature of Capital)
(A) Equity share capital	1. Owner's capital
(B) Bonds	2. Long term capital
(C) Sinking fund	3. Retained capital
(D) Bank loan	4. Borrowed capital
	5. Creditors

CODES

	A	B	C	D
I	1	2	3	4
II	1	4	3	2
III	3	1	2	4
IV	3	4	2	1

5 Having more than 50% ownership position that provides the entrepreneur with managerial control is called

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