Prepare for your PMEGP Interview Questions (Prime Minister’s Employment Generation Programme) interview confidently with our comprehensive guide. Explore common PMEGP interview questions and expert tips to ace your interview and secure your entrepreneurial dreams. Get ready for success today
PMEGP Loan Interview Questions Mould – I
Objective Type Questions on PMEGP Scheme
Prepare for success with our complete set questions about the PMEGP Scheme. in this questions you can pass your exam, and able to download your certificate to subsidy.
1 : What does PMEGP stands for?
- Prime Minister’s Educatrion Generation Programme
- Prime Minister’s Employment Generation Programme
- Prime Minister’s Entreprenuership Generation Programme
- Prime Minister’s Entreprenuership Graqduation Programme
CORRECT ANSWER: Prime Minister’s Employment Generation Programme
DESCRIPTION: Government of India has approved the introduction of a new credit linked subsidy programme called Prime Minister’s Employment Generation Programme (PMEGP)
2: What is WEP ?
- Women Educational Propensity
- Women Educational Platform
- Women Entreprenuership Platform
- Women Evolution Programme
CORRECT ANSWER: Women Entreprenuership Platform
DESCRIPTION: Women Entrepreneurship Platform The Women Entrepreneurship Platform (WEP) is a first of its kind, unified access portal which brings together women from different parts of India to realize their entrepreneurial aspirations. It is an initiative of NITI Aayog.
3 : Which one of these is the first step of “The How to of Entrepreneurship
- Establish a Market.
- Find the right business for you.
- Network.
- Find your target group/audience.
CORRECT ANSWER: Find the right business for you.
DESCRIPTION: The How to of Entrepreneurship Step 1 Find the right business for you. Step 2 Determine if you should get an education. Step 3 Plan your business. Step 4 Find your target group/audience. Step 5 Network. Step 6 Sell your idea. Step 7 Establish a Market
4 : ” Innovative Rebelliousness” is a concept of?
- Psychodynamic Model
- Locus of Control
- Modern Entreprenuership
- None of these
CORRECT ANSWER: Psychodynamic Model
DESCRIPTION: children grow up, they exercise what is called “innovative rebelliousness” by starting and running their own firms. This is also true due to the fact that being rebellious she/he cannot fit in any organization as she/he will not like structural environment
5 : Industrial (technical or market) expertise;Management expertise; and Entrepreneurial experience, are three types of Experiences that are considered to be important in determining?
- Entreprenuerial Education
- Entreprenuerial Success
- Entreprenuerial Criticism
- Entreprenuerial Process
CORRECT ANSWER: Entreprenuerial Success
DESCRIPTION: There are three types of experiences that are considered to be important in determining entrepreneurial success; 1. Industrial (technical or market) expertise; 2. Management expertise; and 3. Entrepreneurial experience.
PMEGP Interview Questions Mould – XI
Objective Type Sabsidy Question for PMEGP
1 : Which type of business growth can be achieved by analysing how well the business is doing?
- Natural Growth
- Accidental Growth
- Planned Growth
- None of the above.
CORRECT ANSWER: Planned Growth
DESCRIPTION: Planned Growth: Analysing how well the business is doing, so that whatever changes or improvements are required before or during its infancy- expansion/diversification;
2 : In what level of Information System, long- range planning for products, new market, cost, competition etc is done?
- Knowledge Level
- Operational Level
- Management Level
- Strategic Level
CORRECT ANSWER: Strategic Level
DESCRIPTION: Strategic Level: Long- range planning for products/s, new market, cost, competition etc.
3 : A set of unified mechanisms that gather, process, stock and dispense information to support decision making and control in an organization.
- Information and Communication Technology (ICT)
- Information system (IS)
- Information Technology (IT)
- None of the above.
CORRECT ANSWER: Information system (IS)
DESCRIPTION: Information system (IS) is a set of unified mechanisms that gather, process, stock and dispense information to support decision making and control in an organization. IS could be manual or computer based.
4 : What can be the reasons to not grow the business?
- Increased risks
- Increased workload
- Drop in quality
- All of the above.
CORRECT ANSWER: All of the above.
DESCRIPTION: Reasons not to grow your business • Increased Risks: Growth of a business also results in increased responsibility and risk. • Increased workload and stress • Drop in quality: Increase in the number and quantity of orders, may depreciate the standards of customer service, product quality etc.
5 : Fast food, retail, restaurant, fitness etc are examples of which type of franchise?
- Business Format Franchise
- Product Franchise
- Manufacturing Franchise
- None of the above.
CORRECT ANSWER: Business Format Franchise
DESCRIPTION: Business Format Franchises The franchisor company usually aids the independent owners significantly in initiation and running their businesses. In return, the business owners pay charges and royalties. The franchisee also often purchases supplies from the franchisor. Fast food restaurants are good examples of this type of franchise.
Next Moudle Coming Soon Questions and answers
PMEGP Related Link From our Blog post
| Population Certificate for PMEGP | Click Here |
| Best 15 PMEGP project report Download | Click Here |
| Download PMEGP Project in Word File | Click Here |
| Apply Online | Click Here |
| Official Website | Click Here |
