National Eligibility cum Entrance Test
Question : Case Study 10: Entrepreneurship and Economic Growth
A group of young graduates decided to start a tech startup. They developed an innovative mobile application that connects farmers directly to consumers, eliminating the need for middlemen. This resulted in better prices for farmers and affordable produce for consumers.
Question:
The startup's app contributes to economic growth by:
Option 1: Increasing the cost of agricultural products
Option 2: Creating more middlemen
Option 3: Promoting direct farmer-consumer interactions
Option 4: Limiting the reach of agricultural products
Correct Answer: Promoting direct farmer-consumer interactions
Solution : The correct answer is (c) Promoting direct farmer-consumer interactions
The mobile application, by connecting farmers directly to consumers and eliminating the need for middlemen, promotes direct interactions between farmers and consumers. This can lead to economic growth by creating more efficient and
Question : Case Study: PQR Enterprises - Funding Strategies for Diversification
PQR Enterprises is a well-established conglomerate planning to diversify its business operations. The company is evaluating various sources of business finance to support its diversification plans.
Questions : Different Sources of Finance
What is the primary characteristic of equity shares?
Option 1: Fixed interest payments
Option 2: Ownership in the company
Option 3: Guaranteed redemption
Option 4: No voting rights
Correct Answer: Ownership in the company
Solution : The correct answer is (b) Ownership in the company
Equity shares represent ownership or equity ownership in a company. Shareholders who hold equity shares have ownership rights in the company, which typically includes voting rights, the right to share in the company's
Question : Choose the correctly spelt word?
Option 1: Fullfill
Option 2: Fulfill
Option 3: Fulfil
Option 4: Fullfil
Correct Answer: Fulfill
Solution : Option 2 is the correct answer
Fulfill means to meet the requirement or to put into effect . It also means realising or achieving something desired, promised, or predicted.
For Example:
The order of the cake was fulfilled at the last minute.
Question :
In the question given below, out of the four alternatives, choose the one which can be substituted for the given words/ sentence.
Something easily broken
Option 1: Fertile
Option 2: Futile
Option 3: Fragile
Option 4: Docile
Correct Answer: Fragile
Solution : The correct option is 3.
Fragile means something which is easily damaged and broken.
Fertile refers to things that are productive.
Futile means having no impact or accomplishing nothing.
Docile means quiet and simple to manipulate, convince, or influence.
Hello,
PGDM in Entrepreneurship and Family Business is a program that focuses on developing entrepreneurial skills for family businesses. The duration of PGDM is of two years at IILM.
The PGDM program is designed to shape highly competent professional managers who have the potential to achieve outstanding performance in any
Question : Assertion: An increase in remittances from abroad improves the balance of payments.
Reason: Remittances are considered as invisible exports, contributing to a surplus in the current account.
Option 1: Both Assertion and Reason are true and correct explanation
Option 2: Both Assertion and Reason are true and incorrect explanation
Option 3: Assertion is true but Reason is false
Option 4: Assertion is false but Reason is true
Correct Answer: Both Assertion and Reason are true and correct explanation
Solution : The correct answer is (a) Both Assertion and Reason are true and provide a correct explanation.
The Assertion states that an increase in remittances from abroad improves the balance of payments, which is true. Remittances refer to
Question : The following sentence has been divided into parts. One of them may contain an error. Select the part that contains the error from the given options. If you don't find any error, mark 'No error' as your answer.
In the delicacy and elaborateness / of its ornament, it is the / more splendid church in Italy.
Option 1: of its ornament it is the
Option 2: No error
Option 3: In the delicacy and elaborateness
Option 4: more splendid church in Italy
Correct Answer: more splendid church in Italy
Solution : The correct choice is the fourth option.
Explanation: More should be replaced with most to make the sentence grammatically accurate. More is used as a comparative form, whereas most is the superlative form, and it is used when we
Question : For Kharif crops, the temperature required for farming is above 25 degrees Celsius with high humidity and annual rainfall above ________ cm.
Option 1: 16
Option 2: 100
Option 3: 35
Option 4: 50
Correct Answer: 100
Solution : The correct option is 100.
The specific annual rainfall requirement for Kharif crops can vary depending on the type of crop and local conditions. However, in general, Kharif crops are grown in regions with an annual rainfall of around 100 cm or more.
Question : Directions: Which number will appear at the bottom face in the last cube?
Option 1: 3
Option 2: 4
Option 3: 6
Option 4: 1
Correct Answer: 6
Solution : The bottom face in the last cube is the face opposite to 4. Taking dice positions 2 and 3 with 4 as the common face,
Moving clockwise from the common face with 4,
Pairs of opposite faces –
So, the bottom face in the last
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