Question
In which year the restructuring of Small Business Finance Corporation (SBFC) was done?
- 1998
- 2000
- 2001
- 2002
Question
Following are the main functions of Punjab Small Industries Corporation (PSIC) EXCEPT:
- Technology transfer
- Vocational infrastructure
- Financial assistance
- Entrepreneurial Development
Question
According to Gallup survey 2001, which of the following factor is responsible for the decline of export in Pakistan?
- Infrastructure
- Law and order
- Taxation
- Literacy
Question
What kind of management level training is required for SME a sector that is not provided by Pakistan institute of Management Sciences (PIMS)?
- Top Level Management
- Middle Level Management
- Low Level Management
- Corporate Level Management
Question
Technological obsolescence, low capacity utilization, non-availability of spares and poor machinery maintenance are the postoperative problems that can be emerged in which of the following areas?
- Production
- Capital
- Customer
- Sale
Question
Which of the following national institute had conducted a survey about the development of SME in Pakistan with the collaboration of United Nations Industrial Development Organization (UNIDO)?
- Lahore Chamber of Commerce
- SME Bank
- Ministry of Trade
- SMEDA
Question
Which of the following is an external source of information for new product idea?
- Analysis of concepts in the light of existing problems
- Search of memories to find information related to the concept
- Newspapers, trade journals, professional journals
- Recombining the elements found in new and useful ways
Question
Which of the following year was considered as starting period of industrialization in Pakistan?
- 1947
- 1950
- 1955
- 1960
Question
How many years ago the first piece of writing about the small business was discovered?
- 3000 years
- 3500 years
- 4000 years
- 4500 years
Question
According to a research conducted by SMEDA and UNIDO, what is the percentage of large firms that avails the facility of loan from banks and other financial institutions?
- 67%
- 80%
- 75%
- 83%
Question
Who is the secretary general of National Planning Committee (NPC) developed in 1938?
- MR . K.T. Shah
- MR . K.Y. Shah
- MR . K.S. Shah
- MR . K.K. Shah
Question
What kind of business transaction was reported in the first written material available on small business?
- Purchase of land for business
- Loan from bank for business
- Purchase of machinery for business
- Purchase of material for business
Question
How many major changes an entrepreneur of a small business can bring in the industry?
- 3
- 4
- 5
- 6
Question
Which of the following topic/s has/have pivoted importance for short to medium term issues?
- Delivery of Assistance and Access to Resources
- Business Environment
- Monitoring Developments
- All of the given options
Question
What is the average mean age of entrepreneur of Pakistan according to a survey conducted by World Bank?
- 40 Years
- 43 Years
- 45 Years
- None of the given options
Question
Which of the following is an expressed form of IPO?
- Initial Public Offering
- International Public Office
- Initial Price Offer
- Imitating Public Officer
Question
In retailing business, how much percent have owner share in the business?
- 70%
- 80%
- 90%
- 99%
Question
There are how many types of businesses?
- two
- three
- four
- five
Question
The successful entrepreneur who is/has _______.
- self-disciplined
- leading skills
- authority
- communication skills
Question
_______ is/are used to describe the inability of an employee to freely leave a job because doing so will result in the loss of employee benefits.
- Job Lockin
- Golden handcuffs
- Social stigma
- Job Lockin & Golden handcuffs
Question
According to a research conducted by SMEDA and UNIDO, what is the percentage of small firms which avail the facility of loan from banks and other financial institutions?
- 16%
- 18%
- 25%
- 30%
Question
SMEDA is an SME ______ body for the government of Pakistan but also facilitates other stakeholders in addressing their SME development agendas.
- Policy making
- Policy advisory
- Policy implementing
- all of these
Question
Following are the basic reasons behind low tax base in Pakistan EXCEPT?
- High cost of book keeping
- Harassment of tax authorities
- Non cooperative role of CBR
- High physiological cost
Question
In the formation of SMEs, the most benefited from this sector ________.
- lower class
- middle class
- both a & b
- upper class
Question
Which of the following termed is acronym as NEQS?
- National Environment Quality Standards
- National Environmental Qualification System
- National Environmental Qualification Standard
- National Environment Quality System
Question
The development process was initiated in the sixties and the concept of development derived its origin from the _______ of small enterprise development.
- Indian model
- Ayubian model
- Calcutta
- Dhaka
Question
SMEDA is directly associated with which of the following ministries?
- Ministry of Commerce
- Ministry of Economic Affairs & Statistics
- Ministry of Industry and Production
- Ministry of Planning & Development
Question
Fabian Entrepreneurs belongs to _______.
- middle class
- family business
- partnership business
- ruling class
Question
In Pakistan SMEs have a significant contribution in the total GDP of Pakistan, according to SMEDA and Economic survey reports, the share in the annual GDP is _______.
- 30%
- 35%
- 40%
- 45%
Question
In recent years, per worker productivity of Pakistani labour force has decreased up to what percent as compared to China's per worker productivity?
- 25%
- 30%
- 35%
- 40%
Question
According to the definition of SMEDA Pakistan “a business with employment size up to 250, paid up capital up to 25 million and annual sales up to 250 million is said to be small and medium business”. In which year this definition has been presented?
- SME Policy 2002
- SME Policy 2004
- SME Policy 2005
- SME Policy 2007
Question
Which of the following is true about today’s global economy?
- Knowledge Based Economy
- Industrial Based Economy
- Economy of Socialism
- Capital Economy
Question
Before the partition of Sub-continent which city was the industrial hub in the continent?
- Dhaka
- Calcutta
- Bombay
- Karachi
Question
Which of the following is the indigenous product of Pakistan?
- Kinno
- Software
- Dates
- Dairy Product
Question
According to which country an enterprise will be a small enterprise if its number of employees is less than 10?
- USA
- Russia
- France
- Japan
Question
Following factors can be assessed by cash flow statement EXCEPT:
- Company’s need of cash for procurements
- Company’s need for external financing
- Company’s ability to generate positive cash flows
- Company’s ability to pay dividends
Question
To which category SME belongs if the number of employees is not more than 50, total assets up to 50 million and sales not exceeding Rs. 300 million.
- Manufacturing
- Trading/Services
- Cottage industry
- Exporting
Question
If a person is evaluated high on many traits because of a belief that the individual is high in one trait. This perception is affected by which of the following effects?
- Contrast
- Dominance
- Halo
- Perceptual
Question
Generally in what terms performance of an employee is evaluated?
- Quality
- Quantity
- Time
- All of the given
Question
What type of industry it will be if number of employees ranges from 36 to 99 and productive assets ranges from 20 to 40 million?
- Micro
- Small
- Medium
- Large
Question
Which one of the following parameters is considered in declaring a business as a small business?
- Share in the economy
- Number of competitors
- Resources control
- Volume of production
Question
Why small businesses became object of contempt in Egyptians, Arabs, Babylonians, Jews, Greeks and Roman eras?
- Poor salesmanship of entrepreneur
- Lack of desired skills of workforce
- Cheating and degrading of consumers
- Competitor's negative propaganda
Question
Which of the following is abbreviated as NPC?
- National Planning Committee
- National Planning Council
- National Press Committee
- National Press Competition
Question
What kind of resources are utilized by small businesses as compare to large ones?
- Primary Resources
- Secondary Resources
- Macro Resources
- Surplus Resources
Question
What kind of link will exist between small and business sectors if a portion of all the material available is procured by the small unit who manufactures a specific part needed by large company?
- Merchandising
- Purchase sub-contracting
- Complementary products
- Job sub-contracting
Question
The rate of interest charged for soft loan is at _________.
- Below market rate
- Above market rate
- Twice the market rate
- Without considering the market rate.
Question
Pakistan’s economy heavily depends on the _______.
- export
- small & medium size firms
- agriculture
- manufacturing
Question
According to research conducted in MIT, Harvard University, USA, following are the main objectives for a technology entrepreneur EXCEPT:
- Creating something novel and useful
- Creditability
- Building long-term value
- Freedom
Question
In 1959 Bison and Meyers replaced the terms with “management” and “organization” for ________.
- entrepreneurship
- entrepreneur
- business
- administration
Question
Imitating entrepreneurs depend on the _______.
- government
- private firms
- developing countries
- advanced countries
Question
Which one of the following entrepreneurs duplicates existing activities and put them into practice without any expenditure on research?
- Innovating entrepreneurs
- Imitating Entrepreneur
- Fabian Entrepreneurs
- Drone Entrepreneurs
Question
What kind of an entrepreneur will he/she be, IF he/she follows the old traditions, avoids risk taking and responds to change only in situations where it becomes necessary to do so?
- Innovative
- Imitating
- Fabian
- Drone
Question
SMEs are considered as engines of _______ growth in both developed and developing countries.
- business
- GDP
- economic
- none of these
Question
Following are the financial institutions developed to promote SME in Pakistan EXCEPT:
- Segmented Business Fund Corporation (SBFC)
- Youth Investment Promotion Scheme (YIPS)
- Regional Development Finance Corporation (RDFC)
- Industrial Development Bank of Pakistan (IDBP)
Question
How many craftsman colonies were developed by Sindh Small Industries Corporation (SSIC)? (as per survey 2001)
- 2
- 4
- 6
- 10
Question
NGOs are ________ based organizations with their own management structure.
- social
- community
- economic
- social & community
Question
SMEDA was established in _______ to take on the challenge of developing Small & Medium Enterprises (SMEs) in Pakistan.
- October 1997
- November 1997
- October 1998
- November 1998
Question
EPB stands for:
- Employee Promotion Bureau
- Export Producing Benefits
- Employee Pension Benefits
- Export Promotion Bureau
Question
Which of the following can be abbreviated as ILO?
- International Labour Order
- Industrial Legal Order
- Industrial Labour Order
- International Labour Organization
Question
What percent of SMEs are the member of business associations?
- 50%
- 52%
- 54%
- 56%
Question
In which of the following source of information, an entrepreneur can get new idea by screening the product physically.
- Trade Fairs
- Ancillarisation
- Trade Journals
- Catalogues
Question
In technical feasibility, you can identify all of the following critical technical specifications EXCEPT:
- Durability
- Reliability of performance
- Safety
- Sales volume and profitability
Question
What is the basic purpose of a cash flow statement for an entrepreneur in an accounting period?
- Provides information about investments
- Provides information about financing activities
- Provides information about cash inflows and outflows
- All of the given options
Question
What kind of activity is taking place when department manager provides a complete tour of company or plant to the new member?
- Appraisal
- Orientation
- Training
- Socialization
Question
Which of the following is NOT a prime outcome of a training program in an organization?
- Increase in proficiency
- Organizational growth
- Personal growth
- Increase number of workplace accidents
Question
Which of the following CANNOT be accessed by performance appraisal?
- Traits
- Behaviors
- Task outcomes
- Attitudes
Question
Which of the following is true for quality control in engineering and manufacturing?
- It is a set of measures taken to ensure that defective products are not produced
- It is a set of measures taken to ensure that defective services are not produced
- It is a set of measures taken to ensure that the design meets performance requirements.
- All of the given
Question
Which of the following segmentation types has characteristics like traits, attitudes, interests, or lifestyles of potential customer groups?
- Behavior segmentation
- Demographic segmentation
- Geographic segmentation
- Psychographic segmentation
Question
Which of the following is the expressed form of PLC?
- Product Learning Cycle
- Production Length Cycle
- Product Life Cycle
- Product lifetime Customers
Question
Which of the following statement is True?
- There is a close relationship between industry & technology.
- The relationship between industry and technology is waived.
- Both are independent and not affected by each other.
- Technology always follows the industrial change
Question
Until 2000, 79 member countries of WTO have maintained a list of MFN (Most Favorite Nation) exemptions. The list contains how many exemptions?
- 360
- 370
- 380
- 390