Entrepreneurship And Innovation - Study Mode
[#186] Overdraft is a short-term finance measure to
Correct Answer
(D) meet working capital requirement
[#187] The entrepreneurial process consists of the following steps 1. Management of the resulting enterprise. 2. Determination of the required resources. 3. Identification and evaluation of the opportunity. 4. Development of the business plan. Indicate the correct sequence
Correct Answer
(C) 3, 4, 2, 1
[#188] The following two statements related to industrial sickness. Choose the correct the statements. Statement I The Sick Industrial Companies Act (SICA)was enacted to address a chronic problem of industrial sickness in the Indian economy. Statement II SICA defined a sick industrial unit as one that had existed for atleast three years and had incurred accumulated losses equal to its entire net worth at the end of any financial year.
Correct Answer
(A) Statement I is correct, but Statement II is incorrect
[#189] Industrial Reconstruction Bank of India (lRBI) which was reconstituted into a full fledged all purpose developmental financial institution with effect from 27 th March, 1997 was renamed as
Correct Answer
(B) Industrial Investment Bank of India Ltd
[#190] Which of the following techniques is an excellent method for initially screening ideas and concepts in addition to generating new ideas?
Correct Answer
(A) Focus group