MCQs on Financing Options & Modes for SMEs

25 MCQs on Financing Options & Modes for SMEs | Educational Blog

25 MCQs on Financing Options & Modes for SMEs


Certificate in MSME

Prepare for exams or enhance your knowledge with these 25 multiple-choice questions covering various aspects of SME financing, including important committee recommendations and financial products!

MCQs

  1. Which of the following is a debt financing option?
    A) Angel Investment B) Bank Loan C) Venture Capital D) Private Equity
  2. Quasi capital includes:
    A) Grants B) Preference Shares C) Bank Loan D) Venture Loan
  3. Factoring mainly improves a firm's:
    A) Marketing Strategy B) Cash Flow C) Production Efficiency D) HR Efficiency
  4. Venture Capital typically funds:
    A) Startups B) Government Firms C) NGOs D) Insurance Companies
  5. The Mudra Bank finances primarily:
    A) Large Corporates B) Micro Enterprises C) Government Projects D) Educational Trusts
  6. Who recommended Maximum Permissible Bank Finance (MPBF) concept?
    A) Daheja Committee B) Tandon Committee C) Chore Committee D) Nayak Committee
  7. Liquidity assessment involves examining:
    A) Organizational Chart B) Cash Flow Statements C) Employee Skills D) Office Location
  8. Which of the following is NOT a method of financing SMEs?
    A) Leasing B) Factoring C) Equity Issue D) Retail Selling
  9. Which committee focused on cash credit system?
    A) Chore Committee B) Nayak Committee C) Kapoor Committee D) Daheja Committee
  10. Hybrid capital is best described as a mix of:
    A) Debt and Equity B) Assets and Liabilities C) Revenue and Expenses D) Debtors and Creditors
  11. Collateral is used to:
    A) Increase profit B) Secure a loan C) Decrease expenses D) Advertise products
  12. Micro-Enterprise finance is primarily targeted at:
    A) Mid-size Corporates B) Large Industries C) Tiny Businesses D) Foreign Companies
  13. Credit risk management does NOT involve:
    A) Appraisal B) Documentation C) Advertising D) Follow-up
  14. Credit scoring models predict:
    A) Future revenue B) Likelihood of default C) Market Share D) Employee Turnover
  15. Which financial institution specifically supports SMEs in India?
    A) NABARD B) SIDBI C) SEBI D) RBI
  16. The Standing Committee on MSMEs was initiated by:
    A) RBI B) SIDBI C) Ministry of MSME D) Finance Ministry
  17. Priority Sector Lending (PSL) guidelines mandate banks to lend to:
    A) Real Estate Sector B) Agriculture and MSME C) FMCG Industry D) Automobile Industry
  18. Which report focuses on data and credit information sharing for MSMEs?
    A) CIBIL Report B) Budget Report C) Marketing Report D) HR Audit
  19. CERSAI maintains a registry of:
    A) Marketing Companies B) Asset-backed loans C) Exporters D) Education Institutions
  20. In credit appraisal, 'DSCR' stands for:
    A) Debt Service Credit Ratio B) Debt Service Coverage Ratio C) Development Subsidy Coverage Ratio D) Deposit Security Coverage Ratio
  21. The Daheja Committee Report focused on:
    A) Export Reforms B) Simplified Lending to Small Units C) Infrastructure Funding D) Stock Market Regulation
  22. The Nayak Committee suggested that SMEs should get what percent of their turnover as working capital?
    A) 10% B) 15% C) 20% D) 25%
  23. Kapoor Committee is associated with:
    A) Asset Reconstruction B) SME Credit Availability C) Insurance Regulations D) Income Tax Administration
  24. Working Capital cycle can be calculated using:
    A) Revenue - Expenses B) Current Assets - Current Liabilities C) Cash + Profits D) Equity - Debt
  25. MIRA reports are useful in assessing:
    A) Business Expansion Potential B) External Risk Profile C) Environmental Clearance D) Bank Mergers

Answer Key

1) B
2) B
3) B
4) A
5) B
6) B
7) B
8) D
9) A
10) A
11) B
12) C
13) C
14) B
15) C
16) B
17) A
18) B
19) B
20) B
21) B
22) B
23) B
24) B
25) B


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