Q#1: In which year the restructuring of Small Business Finance Corporation (SBFC) was done?
(A) 1998
(B) 2000
(C) 2001
(D) 2002
Answer: (A) 1998
Q#2: Following are the main functions of Punjab Small Industries Corporation (PSIC) EXCEPT:
(A) Technology transfer
(B) Vocational infrastructure
(C) Financial assistance
(D) Entrepreneurial development
Answer: (A) Technology transfer
Q#3: Technological obsolescence, low capacity utilization, non-availability of spares and poor machinery maintenance are problems in which area?
(A) Production
(B) Capital
(C) Customer
(D) Sale
Answer: (A) Production
Q#4: Which national institute conducted a survey about SME development in Pakistan with UNIDO?
(A) Lahore Chamber of Commerce
(B) SME Bank
(C) Ministry of Trade
(D) SMEDA
Answer: (D) SMEDA
Q#5: How many years ago the first piece of writing about small business was discovered?
(A) 3000 years
(B) 3500 years
(C) 4000 years
(D) 4500 years
Answer: (C) 4000 years
Q#6: According to SMEDA and UNIDO, what percentage of large firms avail loans from banks?
(A) 67%
(B) 80%
(C) 75%
(D) 83%
Answer: (B) 80%
Q#7: How many major changes can an entrepreneur bring in the industry?
(A) 3
(B) 4
(C) 5
(D) 6
Answer: (C) 5
Q#8: What is the average mean age of entrepreneurs in Pakistan according to World Bank survey?
(A) 40 years
(B) 43 years
(C) 45 years
(D) None of the given options
Answer: (D) None of the given options
Q#9: Which topic has pivoted importance for short to medium term issues?
(A) Delivery of assistance and access to resources
(B) Business environment
(C) Monitoring developments
(D) All of the given options
Answer: (D) All of the given options
Q#10: What type of business transaction was reported in the first written material on small business?
(A) Purchase of land
(B) Loan from bank
(C) Purchase of machinery
(D) Investment in business
Answer: (B) Loan from bank
Q#11: Who was the Secretary General of National Planning Committee (NPC) in 1938?
(A) Mr. K.T. Shah
(B) Mr. K.Y. Shah
(C) Mr. K.S. Shah
(D) Mr. K.K. Shah
Answer: (A) Mr. K.T. Shah
Q#12: Which year is considered the starting period of industrialization in Pakistan?
(A) 1947
(B) 1950
(C) 1955
(D) 1960
Answer: (D) 1960
Q#13: Which is an external source of information for new product ideas?
(A) Analysis of concepts
(B) Memory search
(C) Newspapers and journals
(D) Recombining ideas
Answer: (C) Newspapers and journals
Q#14: Which management level training is NOT provided by PIMS for SMEs?
(A) Top level management
(B) Middle level management
(C) Low level management
(D) Corporate level management
Answer: (C) Low level management
Q#15: According to Gallup Survey 2001, which factor caused decline in Pakistan exports?
(A) Infrastructure
(B) Law and order
(C) Taxation
(D) Literacy
Answer: (A) Infrastructure