Q#1: In recent years, which country has the highest per worker productivity?
(A) India
(B) Pakistan
(C) China
(D) All are at same level
Answer: (C) China
Q#2: What kind of benefits can a small business enjoy after an IPO process?
(A) Access to capital market
(B) Increased credibility
(C) Exposure
(D) All of the given options
Answer: (D) All of the given options
Q#3: Facing resistance from family due to business being against traditions is an example of:
(A) Golden handcuffs
(B) Lack of business know-how
(C) Distracter
(D) Social stigma
Answer: (D) Social stigma
Q#4: LCCI stands for:
(A) Lahore Chamber of Commerce and Industry
(B) Labour Council of Correspondence and Interaction
(C) Local Council of Commerce and Investment
(D) Legal Chamber of Correspondence and Interaction
Answer: (A) Lahore Chamber of Commerce and Industry
Q#5: What is the contribution of SME sector in Pakistanâs GDP (Economic Survey 2002-03)?
(A) Over 30%
(B) Less than 10%
(C) More than 70%
(D) Facts not available
Answer: (A) Over 30%
Q#6: UNIDO stands for:
(A) United Nation Industry and Development Organization
(B) Universal Network Industry and Development Opportunity
(C) United Nations Industrial Development Organization
(D) Universal Network Institute of Development Opportunity
Answer: (C) United Nations Industrial Development Organization
Q#7: Which entrepreneur duplicates existing activities without research?
(A) Innovating entrepreneur
(B) Imitating entrepreneur
(C) Fabian entrepreneur
(D) Drone entrepreneur
Answer: (B) Imitating entrepreneur
Q#8: What percentage of new SME investment comes from retained earnings?
(A) 40%
(B) 49%
(C) 57%
(D) 63%
Answer: (C) 57%
Q#9: TBT (WTO agreement) stands for:
(A) Technical Barriers of Trade
(B) Technical Booster of Trade
(C) Technical Breakthrough in Trade
(D) Technical Blockage of Trade
Answer: (A) Technical Barriers of Trade
Q#10: Debt-equity ratio shows relationship between:
(A) Total assets & shareholdersâ equity
(B) Total liabilities & shareholdersâ equity
(C) Total capital & shareholdersâ equity
(D) Total sales & shareholdersâ equity
Answer: (B) Total liabilities & shareholdersâ equity
Q#11: SME category with â¤50 employees, assets â¤50 million, sales â¤300 million belongs to:
(A) Manufacturing
(B) Trading/Services
(C) Industry
(D) Exporting
Answer: (B) Trading/Services
Q#12: âProcess of discovering potential candidates for vacanciesâ is called:
(A) Recruitment
(B) Selection
(C) Training
(D) Job analysis
Answer: (A) Recruitment
Q#13: Major long-term issue in SME development is:
(A) Education
(B) Taxation
(C) Finance
(D) Labour
Answer: (A) Education
Q#14: Which is NOT a category of job analysis?
(A) Information inputs
(B) Mental processes
(C) Selection techniques
(D) Work output
Answer: (C) Selection techniques
Q#15: Initial equity capital used to start a business is called:
(A) Value capital
(B) Working capital
(C) Seed capital
(D) Gross capital
Answer: (C) Seed capital
Q#16: Which is NOT a problem faced by SMEs in developing countries?
(A) Scarcity of capital
(B) Limited credit markets
(C) Inadequate infrastructure
(D) Lack of institutions like SMEDA
Answer: (D) Lack of institutions like SMEDA
Q#17: Entrepreneur gets new product ideas by physically screening products from:
(A) Trade fairs
(B) Ancillarisation
(C) Trade journals
(D) Market surveys
Answer: (A) Trade fairs