Entrepreneurship Development (EDP) - Important Multiple Choice Question

21. Name the scheme which was launched by MSME Ministry to assess performance, creditworthiness and capabilities of industries in the sector.

Ans- Performance and Credit Rating Scheme

22. According to MSMED Act, 2006 - A Micro Enterprise is an enterprise where investment in plant and machinery does not exceed

Ans- Rs. 25 Lakh

Previous Post - Entrepreneurship MCQ 131 - 140 Questions Click To Open 👈

23. Entrepreneurship Development Program or EDP is required to help:

Ans- First generation entrepreneurs

24. A corporate manager who starts a new initiative for their company which entails setting up a

new distinct business unit and board of directors can be regarded as?

Ans- Intrapreneure

25. what minimum financial interest in share capital a women entrepreneur is supposed to have in entrepreneur’s enterprise:

Ans- 25 percent

MCQ

26. A Family business always interested to handover the charge of his business to:

Ans- Next generation

27. A corporate manager who starts a new initiative for his company which entails setting up a

new distinct business unit here the board of directors can be regarded as?

Ans- Intrapreneure

28. Venture capital is concerned with:

Ans- New project having potential for higher profit