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GST 106 CBT PRACTICE TEST

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Take your time to read instructions before taking this test.

There are 50 questions which you are to answer in 20 minutes that gives you roughly 30 seconds per question.

 

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If you can get at least 60%, you can be rest assured that you’ll ace GST 106 exam

 

PS

 

In a normal exam you will be asked between 40 – 60 questions but I only arranged 40 questions

 

Note

 

Do not be in a hurry to answer the questions

Do not waste time on a question you don’t know

Move as fast as possible and starting with questions that don’t have calculation first to save time

Always crosscheck

Don’t be in a hurry to submit, you are not in a competition

Don’t be scared. Getting an A is easy

Don’t be over confident, you can end up a D, E or F. Calm your blood, no be only you sabi book

Please do well to use our comment box incase there’s a message you want to pass to us

70 – 100 A

 

60 – 69 B

 

50 – 59 C

 

45 – 49 D

 

40 – 44 E

 

0 – 39 F

 

I wish you success

 

FUOYE FRESHERS STREAM B GENERAL GRP

 

https://chat.whatsapp.com/DF9uJlVCfNIBv5PpK8zizy

To get latest school updates 👇

 

https://wa.me/message/UCYVTYIVGGQNP1

 

 

I remain your favorite education blogger 😉

 

❤️ Undergragra

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Created on By Ace/Undergragra

GST 106 CBT PRACTICE

1 / 50

1. ______is a kind of training that equips the learner with the entrepreneurial skills required for success in business

2 / 50

2. ____of entrepreneurs’s skills development should come from on-the-job activities and action learning

3 / 50

3. ______ involves the process of creating and running one's business.

4 / 50

4. Marketing research is the set of process that links the Consumer, Customer and public to the marketer through information. True or false?

5 / 50

5. Small and Medium Scale Enterprise in Nigeria currently makes a contribution of about ____to the nations GDP

6 / 50

6. A Feasibility report is

7 / 50

7. _____ was the first to apply the concept of Entrepreneur to business in year _____

8 / 50

8. Components of positioning products include all but one of the following

9 / 50

9. All of these are some of the major types of An Entrepreneur except ______

10 / 50

10. Below are characteristics of an Entrepreneur except ____

11 / 50

11. Can anyone start a business?

12 / 50

12. A large scale industry is any firm or business with a labour size of __

13 / 50

13. Branding is considered as one of the best tools for ___

14 / 50

14. __refers to the ratio of total trades in the economy.

15 / 50

15. Major types of entrepreneurs include all except ____

16 / 50

16. Entrepreneurial skill development should follow what ratio ?

17 / 50

17. _____ defines globalization as the process of creating networks of connection among actors in year _______.

18 / 50

18. The well-established habit of doing something expertly or the habit of doing something well is known as ______________.

19 / 50

19. _____ is a new idea, device, or process

20 / 50

20. All of these are components of feasibility study except _____

21 / 50

21. The concept  ‘entrepreneur’ was originally a French word that appeared for the first time in the “Dictionaire de la lanque franchise in year _____”

22 / 50

22. According to the National Bureau of statistics( 2013) about how many  new job seekers enter the market every year?

23 / 50

23. ____was the first to apply the concept entrepreneur to business in 1755

24 / 50

24. ______ is one of the causes of business failure.

25 / 50

25. SMEs means___?

26 / 50

26. ______exists between family members and there business

27 / 50

27. The rate of employment in Nigeria has rose from what percentage in 2010 to what percentage in 2011 ?

28 / 50

28. SMEs are an enterprise that has asset base of between ____and _____

29 / 50

29. NLBD means ____

30 / 50

30. Any industry with a labour size of not more than 10 workers is termed ____

31 / 50

31. Skills can be acquired through _____

32 / 50

32. Which of the following is considered as the major mistakes that must be avoided by young Entrepreneurs?

33 / 50

33. In the _______era,the major structure of economy was agriculture,fishing pastoral activities,crafts and hunting

34 / 50

34. The Entrepreneurial building or centre at FUOYE  is equipped to ___

35 / 50

35. Entrepreneurship growth has gone through the phases below except ____

36 / 50

36. A large scale industry is any firm ,industry or business with a total cost of ___

37 / 50

37. All of these are concept enterprise except ___

38 / 50

38. Business plan should always serve as __?

39 / 50

39. One of the major problems of SMEs in Nigeria are these,except one

40 / 50

40. All of these are Interpersonal skill for Entrepreneurs to succeed except ____

41 / 50

41. Which of the following is not a function of the Feasibility Report?

42 / 50

42. Who is an Entrepreneur?

43 / 50

43. The concept entrepreneurship can be link with the French word “_________”

44 / 50

44. The concept _____ could be expressed as a venture, a business risk taking

45 / 50

45. In 2017, the estimated youth unemployment rate in Nigeria was _____

46 / 50

46. All of these are some of Traits of Entrepreneur except ______

47 / 50

47. What is referred to as the “5th P” of product for attention and promotion side?

48 / 50

48. COWAN mean ______

49 / 50

49. Feasibility is a study of technical documents. State true or false.

50 / 50

50. Every enterprise is financed either through ____or____or____or both

Your score is

The average score is 62%

0%

Please do well to drop a comment if this has really helped you. Thanks❤️

Ace/Undergragra

Ace aka Undergragra is a 500 Level Computer Engineering Student in the Federal University Oye-Ekiti. He is a passionate teacher,writer,educational consultant and educational informant.
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