EMPLOYABILITY SKILLS LATEST 1st YEAR MCQ

401 A good business idea for a young or new entrepreneur should be sustainable. This means
A. It is easy to use
B. It has many details
C. It has budget
D. It is planned for the present and future business growth

D
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402 What do customers want from any product or service?
A. Good price
B. Customers satisfaction
C. Quality
D. All of the above

D
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403 Low Investment business plan means
A. The plan is a new idea
B. The plan needs a small amount to start a business
C. The plan should be simple
D. The plan should start immediately

B
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404 Unique Selling Proposition or USP of a business plan refers to
A. A special budget for the business
B. A new customer for the business
C. A special or different idea for a business
D. An old business is updated

C
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405 A              is a document with complete strategy for the business
A. Strategy Report
B. Action Plan
C. Business plan
D. Stakholder Report

C
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406            is not a part of a good business plan
A. Weather Report
B. Marketing Strategy
C. Customer Analysis
D. Budget

A
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407              is about the competition in the online or offline market
A. People Analysis
B. Competitor Analysis
C. Customer Analysis
D. Budget plan

B
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408 How can we understand what customers want?
A. By doing research on customer needs
B. By advertising the business
C. Selling a new product
D. By moving to a new business

A
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409                  part of a business plan has details of money retated details of the whole business.
A. Product Details
B. Customer Analysis
C. Business Succession Plan
D. Costing

D
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410 A                is a short and effective presentation to describe the business
A. Customer Analysis
B. Communication
C. Return on Investment
D. Business Pitch

D
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411 A Business pitch is presented to investors who helps us with           ,           , and           .
A. Customer and Quality
B. Money, Resources, and Mentoring Support
C. Plan and Marketing
D. Profilt and Loss

B
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412 Who can support Entrepreneurs by providing business schemes and loans at low interest rates?
A. Customers
B. Startup Investors
C. Banks
D. Friends

C
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413 Shyna wants to start a masala powder business. She is presenting a business pitch to the bank manager. How long should her business picth be?
A. 2 to 3 mins
B. 10 mins
C. 15 mins
D. 1 min

A
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414 In a business,            is the money involved to build a product.
A. Cost
B. Profit
C. Price
D. Discount

A
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415 Any small business run by a single person is called as             .
A. Multinational Unit
B. Partnership
C. Sole Proprietorship
D. Private Limited

C
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416 Bindu has started a small auto repair shop. She is the only properitor for the business. Which kind of business it is?
A. Partnership
B. Private Limited
C. Multinational Unit
D. Sole Proprietorship

D
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417            is run by Govt. of India to implement rules and regulations of the enterprises.
A. MSDE
B. MSME
C. NIMI
D. DGT

B
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418 Which document is not required to complete UDYAM/MSME registration?
A. PAN Card
B. Aadhar Card
C. Income Tax Return
D. Blood Certificate

D
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419 Rahim is filing tax for the first time for his business. Which of these elements are NOT needed for filing tax?
A. Birth Certificate
B. PAN Card
C. Aadhar Card
D. Income Tax Return

D
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420 Price is an improtant part of marketing. Price means
A. Marketing
B. Rate of a product in rupees
C. Promotion
D. Raw Materials

B
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