Entrepreneurship class 12 chapter 19 mcq

1. Public deposits are the source of

(a) Short-term finance

(b) Long-term finance

(c) Medium term finance

(d) Social investment

Ans (c) Medium term finance

2. Dividend is:

(a) Net profit

(b) Appropriation of profit

(c) Reserve fund

(d) Part of undistributed profit

Ans (b) Appropriation of profit

3. IDBI was established in the year

(a) 1944

(b) 1954

(c) 1964

(d) 1974

Ans (c) 1964

4. IFCI was established in the year :

(a) 1939

(b) 1948

(c) 1950

(d) 1956

Ans (b) 1948

5. SFC Act in India was passed in the year:

(a) 1948 

(b) 1949

(c) 1950

(d) 1951

Ans (d) 1951

6. The rate of dividend on preference share is :

(a) Fixed

(b) Variable

(c) Semi variable

(d) None of these

Ans (a) Fixed

7. Naked debentures are:

(a) Fully secured

(b) Partly secured

(c) Unsecured

(d) None of these

Ans (c) Unsecured

8. Re-investment or ploughing back of profits is a source of :

(a) Short-term finance

(b) Medium-term finance

(c) Long-term finance

(d) None of these

Ans (c) Long-term finance

9. Issue of shares is a source of:

(a) Medium-term finance

(b) Short-term finance

(c) Long-term finance

(d) None of these

Ans (c) Long-term finance

10. Dividend on cumulative preference shares is given:

(a) In the year of loss

(b) In the year of profit

(c) Every year whether there is profit or loss

(d) None of these

Ans (c) Every year whether there is profit or loss

11. Bond loan is a source of :

(a) Long-term loan

(b) Medium-term loan

(c) Short-term loan

(d) None of these

Ans (c) Short-term loan