Tag: economics

Quizzes (361) Questions (3598)

Questions Related to economics

Multiple choice economics how does production take place? entrepreneur land,labour, capital and entrepreneur production mechanism

ASME, according to the _____ is an independently owned and operated, organized for profit, and not dominant it its field. 

  1. National Skill Development Corporation

  2. US Small Business Administration (SBA)

  3. NITI Aayog

  4. Expert Committee on Innovation & Entrepreneurship
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

US Small Business Administration is a United States' government agency that provides supports to entrepreneurs and small businesses.

Multiple choice economics how does production take place? entrepreneur land,labour, capital and entrepreneur production mechanism

Vinoba Bhave was founder and leader of the ______________________.

  1. Land scam in India

  2. Constitution of India

  3. Land gift movement

  4. Planned Parenthood Federation
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Vinoba Bhave(India): Founder and leader of the Land Gift Movement,he causd the redistribution of more than 7,000,000 acres of land to aid India's untouchables and landless.

Multiple choice economics how does production take place? entrepreneur land,labour, capital and entrepreneur production mechanism

Social entrepreneurs act as the _____________________________.

  1. change agent for poor people

  2. change agent for government

  3. change agent for society

  4. change agent for nation
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Social entrepreneurs act as the change agents for society,seizing opportunities others miss and improving systems and creating solutions to change the society for better.

Multiple choice economics how does production take place? entrepreneur land,labour, capital and entrepreneur production mechanism

Social entrepreneurs play the role of change agents in the social sector by _____________________. 

  1. adopting a mission to create and sustain social value recognizing and relentlessly pursuing new opportunities to serve that mission

  2. engaging in a process of continuous innovations, adaptations and learning.

  3. acting boldly without being limited by resources currently in hand

  4. All of the above
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Social entrepreneurs are individuals who act as an agent to change the society for better. They can tackle social issues with innovative and creative methods. They also offer wide range of ideas and act boldly .

Multiple choice economics how does production take place? entrepreneur land,labour, capital and entrepreneur production mechanism

Which of the following challenges social entrepreneurs are facing ? 

  1. Limited access to early stage capital

  2. Development of new product

  3. Maintaining profits

  4. All of the above
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Limited access to early stage capital is one of the major challenges faced by social entrepreneurs as they do not follow conventional way of doing business.

Multiple choice economics how does production take place? entrepreneur land,labour, capital and entrepreneur production mechanism

Which of the following is way of funding social entrepreneurs ? 
I. Loan Guarantees
II. Quasi-equity debt
III. Pooling 
Select the correct answer from the options given below - 

  1. $I$
  2. $II$
  3. $III$
  4. $All$
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation
1)loan guarantee is a promise by one party to assume the debt obligation of a borrower if that borrower defaults.
2)a category of debt taken on by a company that has some traits of equity is known as quasi equity debt.
3)in resource management ,pooling is the grouping together of resources for the purpose of maximizing advantage and minimizing risk to the users
Multiple choice economics how does production take place? entrepreneur land,labour, capital and entrepreneur production mechanism

John Muir - 
1. was Naturalist & conservationist 
2. established National Park System 
3. helped to found Sierra Club
Select the correct answer from the options given below - 

  1. $2$ only
  2. $1$ and $2$ only
  3. $3$ only
  4. $1$ , $2$ & $3$
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

John Muir is a Scottish-American naturalist. He is also known as "Father of Natural Parks". He is the founder of Seirra Club.

Multiple choice economics how does production take place? entrepreneur land,labour, capital and entrepreneur production mechanism

The key to managing return on funding in social enterprises is to offer ________.

  1. consistent risk and return to all investors.

  2. different risks and returns to different kind of investor.

  3. return on the basis of type of social enterprise

  4. All of the above
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

To ensure a smooth return on funding accumulated by social entrepreneurs, different kind of investors should be offered with different risk which they will have to bear if they invest their money.

Multiple choice economics how does production take place? entrepreneur land,labour, capital and entrepreneur production mechanism

In a social enterprise model measurable impact is created by the generation of _______________.

  1. funding value

  2. service value

  3. economic value

  4. social value
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Social enterprise model gives the most preference to the social value. Social entrepreneurs upholds the social and ethical value like,providing affordable health care,basi foodstuffs etc.

Multiple choice economics how does production take place? entrepreneur land,labour, capital and entrepreneur production mechanism

Dr. Maria Montessori ______________________.

  1. fought for fundamental rights of children.

  2. established school for nurses and fought for improvement of hospital conditions .

  3. established National Park System.

  4. developed approach to early childhood education.
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Dr. Maria Montessori (Italy) :She is an Italian physician and educator best known for the philosophy of  Montessori approach  childhood education.She also gained fame for her writing on scientific pedagogy.