CSC TEC EXAM QUESTIONS AND ANSWERS PDF

CSC TEC EXAM QUESTIONS AND ANSWERS PDF: TEC का सर्टिफिकेट पाने के लिए सबसे पहले आपको TEC का रजिस्ट्रेशन करना पड़ेगाCSC TEC EXAM का रजिस्ट्रेशन करने के लिए आपको 1479 Rs का भुगतान करना पड़ेगा | Payment करने के बाद आपको उसका id or password दिया जायेगा जिसकी मदद से आप TEC परीक्षा में भाग ले | TEC EXAM में 10 Assessments Complete करने पड़ेंगे 1 Assessments me 10 Question रहते है आपको आपको उनका जवाब देना रहता है , Exam Complete हो जाने के बाद आपको TEC (Telecentre Entrepreneur Course) का Certificate मिलता है जिसकी मदद से आप अपना CSC सेण्टर खोल सकते है

CSC TEC EXAM

CSC TEC Exam Assessments List

  • Assessments 1:    Entrepreneurship
  • Assessments 2:    Entrepreneurship and Entrepreneurial Character
  • Assessments 3:    Identifying business opportunities
  • Assessments 4:    Understanding Cost Structures
  • Assessments 5:    Long term orientation
  • Assessments 6:    Recording Business Transactions
  • Assessments 7:    Basic Financial Terms
  • Assessments 8:    Accounting and Business Reporting
  • Assessments 9:    Marketing Education Handling Questions Concerns
  • Assessments 10:   Marketing Education Value

TEC EXAM QUESTIONS AND ANSWERS


TEC EXAM QUESTIONS AND ANSWERS

Question 1: Starting up a new venture with a new idea is called entrepreneurship.

1.    True

2.    False


Answer: True

 

Question 2: Entrepreneurship is an opportunity to create wealth

1.    True

2.    False


Answer: True

 

Question 3: Which of these is example of entrepreneurship?

1.    Starting up a business based on an old idea, existing business module, and less risk.

2.    Teaching in an IIT/MBBS coaching institute.

3.    Starting up a business based on a new app/software, with high risk.

4.    None of the above


Answer: Starting up a business based on an old idea, existing business module, and less risk.

 

Question 4: Which of these is an example of entrepreneurship?

1.    Starting up a new type of restaurant in a city.

2.    Working in a call center/BPO.

3.    Teaching mathematics in a coaching center.

4.    Managing and completing tasks given by the boss in a company.

Answer: Starting up a new type of restaurant in a city.

 

Question 5: An entrepreneur is one who involved in a FEW of these activities – managing, organizing, innovating, assuming risks, etc.

o    True

o    False


Answer: True

 TEC EXAM QUESTIONS AND ANSWERS

Question 6: An entrepreneur does the following activities – managing, organizing and makes all the decisions by himself.

1.    True

2.    False

Answer: True

 

Question 7: An entrepreneur is a person who takes less risk, avoids experimentation.

1.    True

2.    False

Answer: False

 

Question 8: A successful entrepreneur can become rich very fast.

1.    True

2.    False

Answer: True

 

Question 9: All people who start up a business based on a new idea are always successful.

1.    True

2.    False

Answer: False

 

Question 10: 92 % of the startups are successful within the first 3 years of starting?

1.    True

2.    False

Answer: False



Question 1: Does entrepreneurship involve………………………..?

1.    Managing responsibilities

2.    Organizing tasks

3.    Evaluating risks in the new venture.

4.    All of the above.

Answer: All of the above.

 

Question 2: Entrepreneurship involves organizing managing and assuming the risks pertaining to your enterprise etc. And an entrepreneur is one who is involved in ALL of these.

1.    True

2.    False

Answer: True

 

Question 3: Building a business takes time than it takes to generate the idea for the business

1.    Shorter

2.    Same

3.    Longer

4.    Can Not Say

Answer: Longer

 

Question 4: Entrepreneurs should not be greedy to grow big, as this needs patience as well.

1.    True

2.    False

Answer: False

 

Question 5: Entrepreneurs need to have to be successful.

1.    Patience

2.    Patient

3.    Money

4.    Luck HRI

Answer: Patience


TEC FINAL EXAM QUESTIONS AND ANSWERS PDF

 Question 6: ………………………is the specific tool of entrepreneurship?

1.    Creation

2.    Renovation

3.    Innovation

4.    Experimentation

Answer: Innovation

 

Question 7: Entrepreneurs need membership in physical communities where ideas can be shared and shaped.

1.    True

2.    False

Answer: True

 

Question 8: How to inspire and create entrepreneurial leaders within the organizations?

1.    Develop entrepreneurial ecosystems inside organizations to promote entrepreneurial activity as a mainstream, strategic activity

2.    Promote employees often

3.    Both are correct

4.    None of them are correct

Answer:  Both Are Correct 

Question 9: Organizations are not entrepreneurial but people are entrepreneurial.

1.    True

2.    False

Answer: True

 

Question 10: Entrepreneuring framed as intentional iteration creates

1.    A mindset that is prepared.

2.    Expects multiple challenges.

3.    Both are correct.

4.    None are correct.

Answer: Both are correct.




Question 1: An idea is defined as the content of cognition.

1.    True

2.    False

Answer: True


Question 2: Is every idea a possible opportunity?

1.    True

2.    False

Answer: True


Question 3: How to identify whether an idea is a opportunity or not?

1.    An idea needs to be valuable

2.    An idea needs to fulfill the need of a customer.

3.    Both are correct.

4.    Neither is correct

Answer: Both are correct.


Question 4: Why do we need to evaluate an idea?

1.    To know whether customers will buy the end product of an idea

2.    To know whether the entrepreneur will make profits out of an idea

3.    To know whether the entrepreneur can make a valuable product out of an idea.

4.    All of the above.

Answer: To know whether customers will buy the end product of an idea


Question 5: Successful entrepreneurship requires the ability to balance technical knowledge and market knowledge

1.    True

2.    False

Answer: True


TEC FINAL EXAM PDF

 Question 6: An electrician observed that grocery stores in his area are running successfully and wanted to open one too. He opened one but was not able to make any profits Why?

1.    The electrician did not have any technical knowledge about how to run a grocery store.

2.    The electrician did not realize that they were already three successful grocery stores in his area and there was no need for another one in his area.

3.    Both are correct

4.    Neither is correct.

Answer: Both are correct

 

Question 7: Cash flows simply put is the difference between the cash that flows in and cash that flows out

1.    True

2.    False

Answer: True


Question 8: Upfront capital and R& D requirement costs should be high while evaluating whether an idea is an opportunity or not.

1.    True

2.    False

Answer: False


Question 9: The market should be large and growing while evaluating whether an idea is an opportunity or not.

1.    True

2.    False

Answer: True


Question 10: The venture/business should be of high strategic value to a potential acquirer.

1.    True

2.    False

Answer: True








Question 1: ………………….. is the monetary value of resources, like material, labor and overheads, used in the making of a product or delivery of a service.

1.    Inputs

2.    Receivables

3.    Inventories

4.    Cost

Answer: Cost


Question 2: Direct vs indirect costs are based their association with different cost objects.

1.    True

2.    False

Answer: True


Question 3: Costs that do not vary in the short term, regardless of changes in output levels, are called costs.

1.    Direct Cost

2.    Indirect Cost

3.    Fixed Cost

4.    Expired to a

Answer: Direct Cost


Question 4: Retail companies like Reliance Fresh, D-Mart, Big Bazaar have of conversion.

1.    Low to Medium

2.    Medium to High

3.    Low to High

4.    High to Medium

Answer: Low To High

 

Question 5: the key determinants of the cost of goods sold (COGS), which appears on the P&L

1.    Indirect Cost

2.    Fixed Cost

3.    Expired Cost

4.    Product Cost

Answer: Product Cost


TEC EXAM PDF DOWNLOAD

 Question 6: is the cost of any material directly used in the production of the output.

1.    Expired Cost

2.    Product Cost

3.    Direct Material Cost

4.    Unexpired Costs

Answer: Product Cost

Question 7: cost includes salaries, bonuses, insurance, pension benefits, earned leave paid to the individuals involved.

1.    Surplus

2.    Direct Material Cost

3.    Direct Labor Cost

4.    Unexpired Costs

Answer: Surplus

Question 8: Cost allocation is a method through which a business allocates or distributes an indirect cost across various cost objects.

1.    True

2.    False

Answer: True

Question 9: Costs that vary with the output levels are called variable costs.

1.    Product Cost

2.    Direct Material Cost

3.    Variable Cost

4.    Fixed Cost

Answer: Direct Material Cost

Question 10: …………….costs are those that have been completely consumed or the benefits from which have been received by the business.

1.    Expired Costs

2.    Unexpired Costs

3.    Direct Costs

4.    Indirect Costs

Answer: Unexpired Costs



Question 1: What are the characteristics or traits of a successful entrepreneur? Select the best option.

1.    Risk – Taker.

2.    Goal – Oriented

3.    Thrive on uncertainty.

4.    All of the above.

Answer: All of the above.


Question 2: What is not a characteristics/trait of a successful entrepreneur?

1.    Good communication skills

2.    To have strong technical knowledge

3.    Quits halfway when the situation becomes difficult

4.    Solves a problem with a unique and creative solution.

Answer: Quits halfway when the situation becomes difficult


Question 3: Entrepreneurs are always looking for new ways of doing things and how they can make them better. Which trait is being discussed here?

1.    Optimistic Nature

2.    Consistency

3.    Creativity

4.    Commitment

Answer: Creativity


Question 4: Entrepreneurs effectively sell their product or service to clients and customers. Which trait is being discussed here?

1.    Optimistic Nature

2.    Goal oriented

3.    Communication Skills

4.    Creativity

Answer: Communication Skills


Question 5: Entrepreneurs don’t let uncertainty and potential failure stop them from doing what needs to be done. Which trait is being discussed here?

1.    Communication Skills

2.    Strong Technical Knowledge

3.    Creativity

4.    Risk-Taker.

Answer: Risk-Taker.

 

 TEC CERTIFICATE EXAM QUESTIONS AND ANSWERS

Question 6: is the ability to evaluate, assimilate and exploit knowledge.

1.    Additive Capacity

2.    Assimilative Capacity

3.    Absorptive Capacity

4.    Attritive Capacity

Answer: Assimilative Capacity


Question 7: Absorptive Capacity comes from prior, related knowledge to be able to make sense of, recognize the value of, and use new information.

1.    True

2.    False

Answer: True


Question 8: Why is it important to have prior knowledge or relatable expertise to become a successful entrepreneur?

1.    Prior knowledge contributes to expectation formation

2.    Helps to make decisions like whether to invest in the idea or not.

3.    Prior knowledge does not help much, it is not required to become a successful entrepreneur.

4.    Both A and B

Answer: Both A and B


Question 9: A successful tailor wanted to try something new. So, he opened a street food restaurant in his area. But his restaurant did not run properly and eventually he had to close it down. Why? Please select the best option.

1.    He was not a risk taker

2.    He was not a goal- oriented.

3.    He did not have prior knowledge of how to run a restaurant.

4.    None of the above.

Answer: He did not have prior knowledge of how to run a restaurant.


Question 10: A knowledgeable cook opened a South-Indian Restaurant in Chennai. But the business was not running smoothly and later on he had to close it. What went wrong?

1.    He did not have technical knowledge

2.    They were too many competitors and he was not creative in the menu to attract customers.

3.    Both A and B

4.    Neither is correct.

Answer: Both A and B



Question 1: …………….is a record of all of a business’ existing assets, liabilities and equity.

1.    Profit and Loss Statement

2.    Statement of Cash Flow

3.    Balance Sheet

4.    General Journal

Answer: Balance Sheet


Question 2: What are three financial sheets that used to record and report a business?

1.    Balance Sheet, General Journal, Profit and Loss Statement

2.    Balance Sheet, Statement of Cash Flow, Ledger Account

3.    Statement of Cash Flow, General Journal, Ledger Account

4.    Statement of Cash Flow, Balance Sheet, Profit, and Loss Statement

Answer: Statement of Cash Flow, Balance Sheet, Profit, and Loss Statement


Question 3: Balance Sheet is a record of all of a business’ revenues and costs over a certain period of time, typically, every quarter or every year.

1.    True

2.    False

Answer: False


Question 4: Equity and liabilities come first in a balance sheet, followed by assets.

1.    True

2.    False

Answer: True


Question 5: Select the correct equation

1.    Total Assets = Total Liabilities + Equity

2.    Total Liabilities = Total Assets + Equity

3.    Total Equity = Total Assets + Total

4.    Total Equity = Total Liabilities – Total Assets

Answer: Total Assets = Total Liabilities + Equity


CSC TEC FINAL EXAM

 Question 6: A business cannot survive for long without......?

1.    Manpower

2.    Cash

3.    Infrastructure

4.    None

Answer: Cash


Question 7: Geeta has a grocery shop; the customers have already paid Rs 5,000 to her. Geeta decided to pay her supplier Rs.2000 at the end of the week. According to Accrual Basis calculate her Profit?

1.    0

2.    3000

3.    300

4.    500

Answer: 0


Question 8: Accountants worldwide use the triple-entry system to record transactions.

1.    True

2.    False

Answer: True


Question 9: Transactions are entered into the general journal in chronological order.

1.    True

2.    False

Answer: True


Question 10: …………….is a record of all of a business’ existing assets, liabilities and equity.

1.    Profit and Loss Statement

2.    Statement of Cash Flow

3.    Balance Sheet

4.    General Journal

Answer: Balance Sheet



Question 1: What is the primary objective of a business?

1.    Make money for investors by providing goods or services

2.    Make money for retailers by providing goods for services

3.    Make money for customers by providing goods or services

4.    Make money for employees by providing goods or services

Answer: Make money for investors by providing goods or services


Question 2: What are the key inputs of business?

1.    Labor

2.    Land

3.    Capital qui

4.    All of the above

Answer: All of the above


Question3: What is the output of the business?

1.    Goods

2.    Services

3.    Both of the above

4.    Neither is correct

Answer: Both of the above


Question 4: What are the different forms of business?

1.    Sole proprietorship, Friendship, Corporations

2.    Sole proprietorship, Partnership, Corporations

3.    Sole proprietorship, Partnership, Commemoration

4.    Sole presidentship, Partnership, Commemoration

Answer: Sole proprietorship, Partnership, Corporations


Question 5: What is a Sole proprietorship?

1.    A single owner who is also usually responsible for the day-to-day running of the business

2.    A single employee who is also usually responsible for the day-to-day running of the business

3.    A single retailer is also usually responsible for the day-today running of the

4.    A single partner who s also usually responsible for the day to day running of the business

Answer: A single owner who is also usually responsible for the day-to-day running of the business


TEC EXAM QUESTIONS AND ANSWERS PDF

 

Question 6: ………. has multiple owners or partners, some of whom are also usually responsible for the day-to-day running of the business.

1.    Friendship

2.    Presidentship

3.    Partnership

4.    Corporations

Answer: Partnership


Question 7: What is a corporation?

1.    A separate legal entity with a large number of owners

2.    A separate illegalentity with a large number of owners

3.    Multiple owners or partners, some of whom are also usually responsible for the day-to-day running of the business

4.    All of the above.

Answer: Multiple owners or partners, some of whom are also usually responsible for the day-to-day running of the business


Question 8: Identify a non-example of accounting? How much value in rupees of goods or services has the business sold

1.    List of investments in land, facilities, buildings, etc.

2.    the business made

3.    Costs the business incurred.

4.    List and details of favorite customers

Answer: List and details of favorite customers


Question 9: …is about planning for the uncertain future and deciding what kind of investments should the business make.

1.    Finance

2.    Governance

3.    Maintenance

4.    Dominance

Answer: Finance


Question 10: Lis a way for a business to raise capital but there is no obligation to repay entities that provide capital. Instead, entities are given ownership of the business.

1.    Liabilities

2.    Equity

3.    Partnership

4.    Assets

Answer: Equity



Question 1: Balance Sheet divided into 2 parts

1.    Assests & Liabilities

2.    Equity & Liabilities

3.    Equity & Assests

4.    None of them are correct.

Answer: Assests & Liabilities


Question 2: sheet represents the financial position of a business as of a particular date, typically at the end of a quarter or financial year.

1.    Statement of cash flows

2.    Profit & loss (P&L) statement

3.    Balance sheet

4.    Ledger Sheet

Answer: Balance sheet


Question 3: Inventories is the value of raw materials held, work-inprocess and finished good held by the business.

1.    True

2.    False

Answer: True


Question 4: Both assets and liabilities are classified as current and non-current.

1.    True

2.    False

Answer: True


Question 5: ………………are those assets that are expected to be sold or converted to cash or consumed within one year.

1.    Current Assets

2.    Current Liabilities

3.    Non-current Assets

4.    Non – current Liabilities

Answer: Current Assets


TEC EXAM CSC


Question 6: Non-current assets include………………… which typically last for more than one year.

1.    Plant, property and establishment

2.    plant, property and equipment

3.    Penchant, property,equipment

4.    Plant, property, experiment

Answer: plant, property and equipment


Question 7: What are the common types of current assets?

1.    Cash, Inventories, Deliverables, Long-term loans, and advances.

2.    Tangible assets, Intangible assets, Non-current investments

3.    Cash, Inventories, Intangible assets, Non-current investments

4.    Cash, Inventories, Receivables, Short-term loans and advances

Answer: Cash, Inventories, Receivables, Short-term loans and advances


Question 8: ………….. is the value of raw materials held, work-in-process and finished by the good held by the business.

1.    Surplus

2.    Revenues

3.    Debentures

4.    Surplus

Answer: Debentures


Question 9: Any income or profit not paid out to shareholders is Called……………

1.    Retained earnings

2.    Revenues

3.    Debentures

4.    Surplus

Answer: Retained earnings


Question 10: is also called income statement.

1.    Statement of cash flows

2.    Profit and Loss Statement

3.    Balance Sheet

4.    General Journal.

Answer: Profit and Loss Statement



Question 1: A trusted adviser promotes a product aggressively to the customer

1.    True

2.    False

Answer: True


Question 2: How to become a trusted adviser?

1.    Understand the concerns of the customer.

2.    Peddle/promote the product.

3.    Both are correct.

4.    Neither is correct.

Answer: Both are correct.


Question 3: Service promise is the assurance given to the customer about in time delivery of assured………………… and…………….of product.

1.    Integrity and Certainty

2.    Sincerity and Specialty

3.    Quantity and Quality

4.    Variety and Guaranty

Answer: Quantity and Quality


Question 4: Delivering what customer wants is one of the constituents of a service promise.

1.    True

2.    False

Answer: True


Question 5: Why should we identify customer needs?

1.    The motive driving the customer to purchase an item is the need for it.

2.    Ensures customer satisfaction and loyalty,

3.    Both are correct.

4.    Neither is correct.

Answer: Both are correct.


CSC TEC EXAM QUESTIONS AND ANSWERS PDF

 Question 6: The innovation of products based on customer needs is value for the business.

1.    True

2.    False

Answer: True

Question 7: Active Listening is one of the client reactions to a typical sales pitch

1.    True

2.    False

Answer: True

Question 8: Select the correct structures of a good sales pitch?

1.    Hook and Objective.

2.    Rook and Objective.

3.    Rook and Subjective.

4.    Nook and Subjective.

Answer: Hook and Objective.

Question 9: Hearing is the same as listening.

1.    True

2.    False

Answer: False

Question 10: Listening for enjoyment is called as

1.    Appreciative Listening

2.    Articulative Listening

3.    Inspirational Listening

4.    Empathetic Listening

Answer: Appreciative Listening



Question 1: Why is a customer purchasing from a particular store?

1.    Because the customer values the AC you provide inside the shop.

2.    Because the customer values the product or service the shop provides.

3.    Because the customer values the friendship with the shop’s owner.

4.    All of the above.

Answer: Because the customer values the product or service the shop provides


Question 2: Value is what the shop/store provides to the customer. (like services of a shop or features of a product)

1.    True

2.    False

Answer: True


Question 3: Select the correct statement.

1.    Value is customer defined.

2.    Value is consultant defined.

3.    Value is salesman defined.

4.    Value is businessman defined.

Answer: Value is customer defined.


Question 4: Select the correct statement.

1.    Value depends on the features or services provided by the store.

2.    Value depends on the features or services sold by the salesman.

3.    Value depends on the features or services discounted by the store’s owner.

4.    Value depends on the features or services consumed by the customer.

Answer: Value depends on the features or services consumed by the customer.


Question 5: Where does the value reside?

1.    In the salesman’s mind.

2.    At the POC of the store.

3.    In the customer’s mind.

4.    In the store’s owner mind.

Answer: In the customer’s mind.


CSC TEC EXAM QUESTIONS AND ANSWERS PDF


Question 6: Value can be defined in terms of…………………..perspective as well as based on…………………..

1.    Customer, cost

2.    Newcomer, price

3.    Customer, price

4.    Newcomer, cost

Answer: Customer, price


Question 7: ………………………..everyone competes on price as no one is exploring how they are able to differently adding value to customer..

1.    Digitization

2.    Commoditization

3.    Privitization

4.    Capitalization

Answer: Commoditization


Question 8: What is the advantage of adopting a value perspective?

1.    Helping the customer understand how and how much they benefit.

2.    Then asking for a share of that benefit.

3.    Ability to justify pricing or even price at a premium.

4.    All of the above.

Answer: All of the above.


Question 9: According to the Value Framework for Entrepreneurs, select the best statement below.

1.    Value Creation → Value Delivery → Value Capture.

2.    Value Capture → Value Creation → Value Delivery

3.    Value Creation → Value Capture → Value Delivery.

4.    Value Delivery → value Creation → Value Capture

Answer: Value Creation → Value Delivery → Value Capture.


Question 10: Why is a customer purchasing from a particular store?

1.    Because the customer values the ACyou provide inside the shop.

2.    Because the customer values the product or service the shop provides.

3.    Because the customer values the friendship with the shop’s owner.

4.    All of The Above

Answer: Because the customer values the product or service the shop provides.


 

आशा करता हु आप सभी CSC TEC EXAM QUESTIONS AND ANSWERS पसंद आया होगा अपने दोस्तों के साथ इसे शेयर करे आपका कीमती समय देने के लिए धन्यवाद, अगर इस आर्टिकल में कुछ गलतिया है या आपके कुछ सुझाव है तो हमें कमेंट करके बताये


दोस्तों इसी तरह के लोकप्रिय सामान्य ज्ञान से जुड़े आर्टिकल्स के लिए निचे दिए बॉक्स से हमारे डेली न्यूज़लेटर को अपनी ईमेल द्वारा सब्सक्राइब करे

 

 

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