EMPLOYABILITY SKILLS – Semester 2

 EMPLOYABILITY SKILLS – Semester 2

1 A person who is associated with the starting of business is called…………….

A merchant

B entrepreneur

C businessman

D sales executive

Answer : B entrepreneur

 

2 As compared to small scale business, large scale business require..............………

A less no. of persons

B less no. of capital

C more no. of person

D small machines and tools

Answer : C more no. of person

 

3 Entrepreneurship is also termed as…..

A investor

B employer

C self employment

D employment seeker

Answer : C self employment

 

4 For medium manufacturing enterprises, the investment in plant and machinery is between….

A 10 Lakhs to 2 Crores

B 25 Lakhs to 5 Crores

C 2 Crores to 5 Crores

D 5 Crores to 10 Crores

Answer : D 5 Crores to 10 Crores

 

5 In “SWOT” analysis, “S” stands for...............

A Success

B Strength

C Survey

D Service

Answer: B Strength

 

6 In an economic growth, role of entrepreneur is to..............

A generate unemployment

B stagnate standard of living

C improve per capita income

D unbalance the regional development

Answer : C improve per capita income

 

7 In SWOT analysis which pair is helpful?

A Strengths, Weakness

B Strengths, Opportunities

C Threats, Weakness

D Threats, Opportunities

Answer : B Strengths, Opportunities

 

  8 Money invested in purchasing of raw materials, payment of wages and salaries, rental, electricity etc comes under………..

A working capital

B fixed capital

C long term capital

D capital income

Answer : A working capital

 

9 MSME stands for…………..

A Micro, Scale and Medium Enterprises

B Macro, Small and Medium Enterprises

C Micro, Small and Medium Enterprises

D Minor, Small and Medium Enterprises

Answer : C Micro, Small and Medium Enterprises

 

10 Paid form of ideas, goods and services are called.............

A publicity

B goodwill

C public relation

D advertisement

Answer : D advertisement

 

11 The enterprises engaged in the production of goods is known as………

A manufacturing enterprise

B service enterprises

C micro enterprises

D macro enterprises

Answer : A manufacturing enterprise

 

12 The expansion of GDP is…………….

A Gross Domestic Product

B Godown Demand Product

C Grand Demand Product

D Giant Domestic Product

Answer : A Gross Domestic Product

 

 

 13 The expansion of SIDO is…………

A Small Industries Development Organization

B Small Income Development Organization

C Small Investment Development Organization

D Standard Industry Development Organization

Ans : A Small Industries Development Organization

14 What approach is used to gain access to foreign markets and quickly promote an organizations interest?

A Licensing

B Collaboration

C Joint venture

D Technology transfer

Answer : C Joint venture

 

15 Which investment is considered for deciding the status of manufacturing enterprises?

A Working capital

B Building and land

C Plant and machinery

D Salary of employees

Answe : C Plant and machinery

 

 

16 Which one is a correct channel through which marketers can reach customers?

A Manufacture -> Retailer -> Wholesaler -> Customer

B Manufacturer -> Customer -> Retailer

C Manufacturer -> Retailer -> Customer

D Manufacturer -> Retailer -> Customer -> Wholesaler

Answer : C Manufacturer -> Retailer -> Customer

 

 

17 Which one is a web based accounting software designed for modern business?

B BUSY

C TALLY

D WINGS

Answer : C TALLY

 

1 During using ATM, Authentication is provided by customer by entering................

A cash

B IFSC

C PIN

D KYC

Answer : C PIN

 

2 Expansion of ATM is……..

A Asynchronous Teller Machine

B Automated Teller Machine

C Automated Time Machine

D Autonomous Time Machine

Answer : B Automated Teller Machine

 

3 Low productivity will lead to ..................

A job security

B political stability

C decrease in GDP per capita

D increase in GDP per capita

Answer : C decrease in GDP per capita

 

4 Production is defined as a ratio of …..

A output / input

B input / output C output / skill of workmanship

D input / skill of workmanship

Answer : A output / input

 

5 Productivity is defined as the ratio of ………

A output /input

B input / output

C output / skill of the workmanship

D input / skill of the workmanship

Answer : A output /input

 

6 The expansion of ATM is .................

A Automated Tune Machine

B Automated Teller Machine

C Asynchronous Teller Machine

D Asynchronous Time Machine

Answer : B Automated Teller Machine

 

7 the process used by a business to verify the identity of their client is……

A GDP

B KYC

C ATM

D TFP

Answer : B KYC

 

8 What is the advantage of automation?

A Reduced operation time

B High initial cost

C Unpredictable development cost

D Security threats

Answer : A Reduced operation time

 

9 What is the unemployment rate if there are 125 million people in the labor force, 100 million people employed and 25 million are not?

A 25%

B 20%

C 17%

D 15%

Answer : B 20%

 

 

10 Which market determines the real wages and employment?

A Capital market

B Labour market

C Money market

D Goods market

Answer : B Labour market

 

11 Which one is used to measure the economic performance of a whole country or region?

A KYC

B GDP

C TFP

D ATM

Answer : B GDP

 

 

12 Which one of the following is NOT a category of pure risk?

A Property risk

B Technology risk

C Liability risk

D Personnel risk

Answer : B Technology risk

 

 

13 Which one of the following is NOT an objective of incentive?

A Improved quality

B High cost of production

C High output

D Reduced waste

Answer : B High cost of production

 

14 Which one of these documents is NOT acceptable for fulfilment of KYC norms?

A Voter ID card

B Ration card

C Residential certificate

D Income certificate

Answer : D Income certificate

 

15 Which stage is a period of rapid revenue growth?

A Growth stage

B Maturity stage

C Decline stage

D Introduction stage

Answer : A Growth stage