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TRE1 — General Studies And Entrepreneurship

· Set A

GS: Hindi / English · Language questions stay in their original language.

Instructions

120 questions · 120 marks · 2 hours

Choose one option per question.

Tap an option to check it, or open “See answer”.

Page 3 / 3
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Question 101
Planning is performed at which of the following levels of management?
See answer

Correct answer: (D) More than one of the above
Planning is done at the top, middle and supervisory levels alike, differing only in scope and span, so the answer is ‘more than one’.

1 marks · 2023 · Set A
Question 102
What is the first step of the resource assessment process?
See answer

Correct answer: (A) Identification of financial resources needed
The first step in assessing resources is to identify how much finance is needed; the rest of the assessment follows from that.

1 marks · 2023 · Set A
Question 103
Which of the following is not a feature of motivation?
See answer

Correct answer: (C) Motivation makes an individual inactive.
Motivation makes a person active, not inactive—so that is not a feature of it.

1 marks · 2023 · Set A
Question 104
Which of the following is an example of a financial barrier to entrepreneurship?
See answer

Correct answer: (B) Limited access to capital and funding
A financial barrier means a want of capital and finance, so the right instance is ‘limited access to capital and funding’. Lack of market demand is a market barrier and inadequate planning a managerial one.
The Commission's key gives option 1 (lack of market demand), but the question asks for an instance of a financial barrier, and want of demand is not one; limited access to capital is. Option 2 is therefore taken here.

1 marks · 2023 · Set A
Question 105
A person who works within an organization and has entrepreneurial capabilities is called
See answer

Correct answer: (B) Intrapreneur
One who works within an organization and yet has entrepreneurial capabilities is called an intrapreneur.

1 marks · 2023 · Set A
Question 106
What is the purpose of using contests and sweepstakes in sales promotion?
See answer

Correct answer: (B) To create brand awareness
Contests and sweepstakes draw the customer's attention and spread word of the brand, so their purpose is to create brand awareness.

1 marks · 2023 · Set A
Question 107
The difference between current assets and current liabilities is called
See answer

Correct answer: (E) None of the above
The difference between current assets and current liabilities is working capital, which is not among the options—so the answer is ‘None of the above’.

1 marks · 2023 · Set A
Question 108
The primary objective of sales promotion is to
See answer

Correct answer: (C) Generate immediate sales and boost revenue
The primary objective of sales promotion is to generate immediate sales and boost revenue; building brand equity is a long-run task.

1 marks · 2023 · Set A
Question 109
Which of the following is known as demat accounts?
See answer

Correct answer: (C) Accounts in which shares of various companies are traded in electronic form
A demat account is one in which the shares of various companies are held in electronic form.

1 marks · 2023 · Set A
Question 110
The function of management that involves setting goals and determining the best way to achieve them is
See answer

Correct answer: (A) Planning
Setting goals and determining the best way to achieve them is planning.

1 marks · 2023 · Set A
Question 111
After a trade has been executed, the broker issues a contract note to the investor within
See answer

Correct answer: (E) None of the above
The broker issues the contract note to the investor within 24 hours, which is not among the options—so the answer is ‘None of the above’.

1 marks · 2023 · Set A
Question 112
What does the term ‘debt financing’ refer to?
See answer

Correct answer: (C) Borrowing money from external sources that needs to be repaid with interest
Debt financing means borrowing from outside sources, to be repaid with interest; selling shares parts with ownership instead.

1 marks · 2023 · Set A
Question 113
Copyright protection is available for
See answer

Correct answer: (D) More than one of the above
Copyright is available for artistic and literary work alike, so the answer is ‘more than one’. Fashion has its own regime.

1 marks · 2023 · Set A
Question 114
Which of the following is a key feature of the money market?
See answer

Correct answer: (E) None of the above
The money market is marked by high liquidity and short maturities, which is not among the options—so the answer is ‘None of the above’.

1 marks · 2023 · Set A
Question 115
The District Commission shall decide the admissibility of a complaint under the Consumer Protection Act within
See answer

Correct answer: (E) None of the above
The District Commission decides the admissibility of a complaint within 21 days, which is not among the options—so the answer is ‘None of the above’.

1 marks · 2023 · Set A
Question 116
A distinctive sign that identifies certain goods or services as those produced or provided by a specific person or enterprise is known as
See answer

Correct answer: (A) Trademark
A distinctive sign identifying goods or services as a particular enterprise's is a trademark.

1 marks · 2023 · Set A
Question 117
The application for registration of a small-scale unit should be submitted to the
See answer

Correct answer: (A) General Manager, DIC
The application to register a small-scale unit is submitted to the General Manager of the District Industries Centre.

1 marks · 2023 · Set A
Question 118
The actual or prospective purchaser of products or services is known as
See answer

Correct answer: (C) Customer
One who buys, or may buy, a product or service is the customer; the consumer is the one who uses it.

1 marks · 2023 · Set A
Question 119
Gross working capital refers to
See answer

Correct answer: (E) None of the above
Gross working capital means the total current assets, which is not among the options—so the answer is ‘None of the above’.

1 marks · 2023 · Set A
Question 120
The process of grouping users into market segments based on the desirable consequences sought from a product is known as
See answer

Correct answer: (C) Benefit segmentation
Grouping users by the benefits they seek from a product is benefit segmentation.

1 marks · 2023 · Set A
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