Bihar Board 12th Entrepreneurship VVI Objective Questions Model Set 6 in English

Bihar Board 12th Entrepreneurship Objective Questions and Answers

BSEB Bihar Board 12th Entrepreneurship VVI Objective Questions Model Set 6 in English

Question 1.
Which of the following is an element of sensing the opportunities:
(a) Ability to perceive
(b) Insight into the change
(c) Innovative quality
(d) All of these
Answer:
(d) All of these

Question 2.
The best method of business promotion :
(a) Satisfaciton of consumer
(b) Maximum price
(c) Prohibited supply
(d) None of these
Answer:
(a) Satisfaciton of consumer

Question 3.
A good planning is :
(a) Expensive
(b) Flexible
(c) Rigid
(d) Time consuming
Answer:
(b) Flexible

Question 4.
DPR is:
(a) Working plan
(b) Action plan
(c) Implementation plan
(d) None of these
Answer:
(a) Working plan

Question 5.
Telephone expenses is :
(a) Fixed
(b) Variable
(c) Semi-variable
(d) None of these
Answer:
(c) Semi-variable

Question 6.
Money spent on marketing is :
(a) Wastage
(b) Unnecessary expenditure
(c) Burden on customers
(d) Investment
Answer:
(c) Burden on customers

Question 7.
Management is
(a) Art
(b) Science
(c) Both (a) and (b)
(d) None of these
Answer:
(c) Both (a) and (b)

Question 8.
In following is not a operating expenses:
(a) Rent
(b) Advertisement Exp.
(c) Preliminary Exp.
(d) Labour
Answer:
(a) Rent

Question 9.
The meaning of Net working capital is:
(a) current-assets – current liabilities
(b) Current assets + current liabilities
(c) Current liabilities – current assets
(d) None of these
Answer:
(c) Current liabilities – current assets

Question 10.
Labelling is
(a) Necessary
(b) Compulsory
(c) Wastage of money
(d) Optional
Answer:
(a) Necessary

Question 11.
Project report is a summary of:
(a) Facts
(b) Informations
(c) Analysis
(d) All of these
Answer:
(d) All of these

Question 12.
A successful entrepreneur must possess the quality of:
(a) Leadership
(b) Control
(c) Innovation
(d) All of these
Answer:
(d) All of these

Question 13.
Debit to Receiver and giver to giver law is on:
(a) Persona] A/c
(b) Real A/c
(c) Nominal A/c
(d) Business A/c
Answer:
(a) Persona] A/c

Question 14.
Public deposit resources is :
(a) Short-term loan
(b) Long term loan
(c) Mid-term loan
(d) Social investment
Answer:
(b) Long term loan

Question 15.
Brand indicates:
(a) Symbol
(b) Design
(c) Name
(d) All of these
Answer:
(d) All of these

Question 16.
It is not included in fixed cost:
(a) cost of goods
(b) cost of labour
(c) cost of power
(d) cost of factory
Answer:
(c) cost of power

Question 17.
Dividend is:
(a) Net profit
(b) Appropriation of profit
(c) Reseve fund
(d) Undistributed profit share
Answer:
(d) Undistributed profit share

Question 18.
Price policy is:
(a) Consumers side
(b) Government’s side
(c) Producer
(d) All sided
Answer:
(d) All sided

Question 19.
Naked debentures are:
(a) Fully secured
(b) Partly secured
(c) Unsecured
(d) None of these
Answer:
(c) Unsecured

Question 20.
The purpose of advertisement is:
(a) To attract potential buyers
(b) To inform and guide customers
(c) To make publicity of product
(d) All these
Answer:
(d) All these

Question 21.
A project is
(a) Cluster of activities
(b) Single activity
(c) Group of innumerable activites
(d) None of these
Answer:
(a) Cluster of activities

Question 22.
Aspects(s) of project evaluation is /are:
(a) Technical evaluation
(b) Financial evaluation
(c) Managerial evaluation
(d) All of these
Answer:
(d) All of these

Question 23.
Planning is:
(a) Goal oriented
(b) Objective oriented
(c) Mental process
(d) All of these
Answer:
(c) Mental process

Question 24.
Subsidy is:
(a) Discount
(b) Concession
(c) Repayment
(d) None of these
Answer:
(b) Concession

Question 25.
Incentives are not concerned with
(a) Rebate
(b) Exception from tax
(c) Provision of seed capital
(d) Lump-sum payment
Answer:
(d) Lump-sum payment

Question 26.
Printing expenses are:
(a) Fixed
(b) Variable
(c) Semi-yariable
(d) None of these
Answer:
(c) Semi-yariable

Question 27.
The best example of variable cost is:
(a) Interest on capital
(b) Material cost
(c) Wealth tax
(d) Rent
Answer:
(b) Material cost

Question 28.
Types of shares is/are:
(a) Equity shares
(b) Preference share
(c) Both (a) & (b)
(d) None of these
Answer:
(c) Both (a) & (b)

Question 29.
Money spent on marketing is:
(a) Wastage
(b) Unnecessary expenditure
(c) Burden on the customers
(d) Investment
Answer:
(c) Burden on the customers

Question 30.
Long-term loan bears:
(a) Fixed rate of interest
(b) Zero rate of interest
(c) Flexible rate of interest
(d) None of these
Answer:
(a) Fixed rate of interest

Question 31.
Personal account is related to
(a) all types of assets
(b) all types of income
(c) person, company and firm
(d) none of these
Answer:
(c) person, company and firm

Question 32.
Accounting system is
(a) single entry system
(b) double entry system
(c) cost system
(d) both (a) and(b)
Answer:
(b) double entry system

Question 33.
Of all managerial activities planning is the
(a) beginning
(b) end
(c) beginning and end both
(d) none of these
Answer:
(a) beginning

Question 34.
Telephone expenses are
(a) fixed
(b) variable
(c) Semi-variable
(d) none of these
Answer:
(c) Semi-variable

Question 35.
Subsidy is
(a) discount
(b) concession
(c) repayment
(d) none of these
Answer:
(b) concession