BUSINESS ADMINISTRATION
ENTREPRENEURIAL DEVELOPMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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. bank loans
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promotors contribution
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. fixed capital
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working capital
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Detailed explanation-1: -5. The Industrial Policy Statement of 1977 laid emphasis on decentralisation and on the role of small-scale, tiny and cottage industries.
Detailed explanation-2: -The first comprehensive industrial policy announced by the Government of India, after independence, was the Industrial Policy Resolutions (IPRs), 1948 which identified the critical role of the cottage and small-scale industries.
Detailed explanation-3: -Answer: (D) Under-estimation of initial rate of earnings leads to under-capitalization. Explanation: Undercapitalization happens when an organization doesn’t have adequate capital to direct typical business tasks and pay leasers.
Detailed explanation-4: -The term overcapitalization refers to a situation wherein the value of a company’s capital is worth more than its total assets.