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Test: Project Management - 1 - B Com MCQ


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10 Questions MCQ Test - Test: Project Management - 1

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Test: Project Management - 1 - Question 1

Which of the following is NOT a characteristic of a project?

Detailed Solution for Test: Project Management - 1 - Question 1
A project is characterized by having specific beginning and terminating points, outlining resource allocation, and requiring a scientific analysis of financial and technical aspects. Continuous production is not a defining characteristic of a project; rather, projects have a distinct start and finish.
Test: Project Management - 1 - Question 2

Which type of project classification is based on factors like capital and labor intensity?

Detailed Solution for Test: Project Management - 1 - Question 2
Techno-economic projects are classified based on factors like capital and labor intensity. This classification helps analyze the relationship between input factors and project viability.
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Test: Project Management - 1 - Question 3

What is the main purpose of project identification?

Detailed Solution for Test: Project Management - 1 - Question 3
The primary goal of project identification is to find the most suitable and feasible business opportunity among various options.
Test: Project Management - 1 - Question 4
What does the economic feasibility analysis of a project focus on?
Detailed Solution for Test: Project Management - 1 - Question 4
Economic feasibility analysis involves projecting the profitability and economic viability of the project, assessing whether the project can generate sufficient profits.
Test: Project Management - 1 - Question 5
Which ratio indicates the relationship between net profits and repayment of term loans and interest?
Detailed Solution for Test: Project Management - 1 - Question 5
The Debt-Service Coverage Ratio (DSCR) measures the ability of the project to cover its term loan repayments and interest with net profits. A DSCR of 2:1 is often preferred.
Test: Project Management - 1 - Question 6
What is the significance of market feasibility analysis in project appraisal?
Detailed Solution for Test: Project Management - 1 - Question 6
Market feasibility analysis evaluates the project's potential to market its products or services successfully, which is crucial for generating revenue and profitability.
Test: Project Management - 1 - Question 7
What does the technical feasibility analysis of a project primarily involve?
Detailed Solution for Test: Project Management - 1 - Question 7
Technical feasibility analysis involves assessing the availability and cost of various inputs required for production and ensuring the appropriate technology is used.
Test: Project Management - 1 - Question 8
Which analysis examines the managerial competence of the project promoters?
Detailed Solution for Test: Project Management - 1 - Question 8
Managerial feasibility analysis assesses the managerial competence of the project promoters, including their experience, skills, and past performance.
Test: Project Management - 1 - Question 9
What is the primary focus of financial feasibility analysis in project appraisal?
Detailed Solution for Test: Project Management - 1 - Question 9
Financial feasibility analysis primarily assesses the project's potential for generating profits and examines the project's financial aspects such as cost estimation, cash flow, and financial ratios.
Test: Project Management - 1 - Question 10
What aspect of the project's impact is considered in social feasibility analysis?
Detailed Solution for Test: Project Management - 1 - Question 10
Social feasibility analysis evaluates the benefits and responsibilities of the project toward society, including aspects like employment generation, environmental impact, and contribution to backward areas.
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