Practice Test


Q1) Businesses as entrepreneurial hubs is one of the major drivers identified by Show Answer


Q2) In the World Bank’s ease of doing Business raking 2015 India is placed at Show Answer


Q3) To get a loan from stand up India scheme the age of the company should not exceed Show Answer


Q4) STAND UP INDIA Scheme provides loans to entrepreneurs of: Show Answer


Q5) Which of these functional arms play a role of a “market-maker”?a) NSDC Show Answer


Q6) To give boost to the make in India program, the MSME Ministry launched _________. Show Answer


Q7) NSDC operate through partnership with Show Answer


Q8) For the ease of doing business the MSME unit has to fill in a single one page self-declaration online form called Show Answer


Q9) What is the meaning of term SETU in Hindu? Show Answer


Q10) A start up is a company that is in the _____ state of its operations Show Answer


Q11) The key objective of the AIM Atal innovation mission is/are: Show Answer


Q12) Under the ____ 50 percent of stipend payable to apprentice would be reimbursed by the government for the first two years in an incentive for MSME units to take in more apprentices Show Answer


Q13) The Scheme Launched by MSME ministry in March 2015 for promotion of innovation, rural industry and Entrepreneurship Show Answer


Q14) Expansion of term SETU is Show Answer


Q15) Which ministry is responsible for co-ordination of all skill development efforts across the country? Show Answer


Q16) The functional arms of ministry of skill development and Entrepreneurship are: Show Answer


Q17) NSDC is a unique model created with a well though underlying philosophy based on which pillars: Show Answer


Q18) National skill Development Agency is based under which Act Show Answer


Q19) NSDC operates through______ with multiple stakeholders in Catalysing and evolving the skilling ecosystem. Show Answer


Q20) The main objectives of the NSDC are to Show Answer


Q21) The loans given to SC/ST and women Entrepreneurs under stand up India scheme range from: Show Answer


Q22) The main objective of NSDC is to Show Answer


Q23) Which ministry is responsible for co-ordination of all skill development efforts across the country removal of disconnect between demand and supply of skilled manpower, building the vocational and technical training framework, skill up-gradation, building of new skills, and innovative thinking not only for existing jobs but also jobs that are to be created Show Answer


Q24) The Ministry Skill Development and Entrepreneurship aims to skill on a large scale with speed and high standards in order to achieve its vision of a- Show Answer


Q25) Which of the following are functional arms of the Ministry of skill Development and Entrepreneurship-
(I) National Skill Development Agency
(II) National Planning Agency
(III) National Skill Development Corporation
(IV) National Relief Fund
(V) National Human Resources Corporation
(VI) National Skill Development Funds Show Answer


Q26) NSDA means- Show Answer


Q27) NSDC means - Show Answer


Q28) How many Sector Skill Councils are registered with National Skill Development Corporation Show Answer


Q29) How many training partners are registered with National Skill Development Corporation? Show Answer


Q30) The National Skill Development Agency(NSDA) is- Show Answer


Q31) The National Skill Development Corporation India(NSDC) was setup as- Show Answer


Q32) On which of the following philosophy based pillars NSDC’s unique model is created-
1.Create:Proactively catalyze creation of large, quality vocational training institutions
2.Fund:Reduce risk by providing patient capital including grants and equity
3.Enable:The creation and sustainability of support systems required for skill development. This includes the industry led sector skill councils Show Answer


Q33) The main objectives of the NSDC is to: Show Answer


Q34) The main objectives of the NSDC is to:
I. Enhance, support and coordinate private sector initiatives for skill development through appropriate Public – Private Partnership(PPP) models; strive for significance operational and financial involvement from the private sector
II. lay the role of a “market-maker” by bringing financing, particularly in sectors where market mechanism are ineffective or missing
III. Prioritize initiatives that can have a multiplier or catalytic effect as opposed to one-off impact. Show Answer


Q35) How many students are trained by NSDC- Show Answer


Q36) ______ Sector Skill Council(SSC) approved in services, manufacturing, agriculture & allied services, and informal sectors. Sectors include 19 of 20 high priority sectors identified by the Government and _____ of the sectors under make in India initiative. Show Answer


Q37) A start-up according to ______is searching for answer to the product it will sell, the customer it will serve and the way it will make money from delivering value to its customer. Show Answer


Q38) A SME, according to the ______ is an independently owned and operated, organized for profit, and not dominant it its field Show Answer


Q39) To simplify the regulatory framework the government introduced the Ease of Doing Business wherein an MSME unit has to fill in a Single one page self-declaration online from called- Show Answer


Q40) Which of the following scheme was introduced for Apprentice? Show Answer


Q41) Under the Apprentice Prostsahan Yojana, _______ A of the stipend payable to apprentice would be reimbursed by the Government for first______ which is incentive for MSME Units to take in more apprentice. Show Answer


Q42) Which scheme was introduced in March 2015 by the MSME Ministry to give boost to Make in India Programme- Show Answer


Q43) The objective of ASPIRE scheme- Show Answer


Q44) To ease the credit availability requirements of start-ups the government had announced the- Show Answer


Q45) Atal Innovation Mission (AIM) programme operated from - Show Answer


Q46) SETU means - Show Answer


Q47) Digital India programme has been launched - Show Answer


Q48) _______ Indian Aspiration fund was launched by _______ in August 2015 to boost the start-up funds ecosystem in the country. Show Answer


Q49) The start-up scheme provides loans to entrepreneurs of - Show Answer


Q50) The start- up scheme provides loans to entrepreneurs of the Scheduled Caste and Scheduled Tribes as well as women. Such loan range from- Show Answer


Q51) National Skill Development Corporation (NSDC) operates through partnership with - Show Answer


Q52) Business as entrepreneurial hubs is one of the major drivers identified by- Show Answer


Q53) In the World Banks Ease of doing Business Ranking 2015 India is placed at - Show Answer


Q54) Globally India ranks in - Show Answer