Information Sources & Assistance Schemes MCQs With Answer

Introduction: Information Sources & Assistance Schemes MCQs With Answer is designed for M.Pharm students preparing for entrepreneurship management topics. This blog covers essential information resources—scientific databases, patent search tools, regulatory portals—and the major assistance schemes available in India for pharmaceutical ventures, such as credit guarantees, grants, incubation, and export incentives. Through focused multiple-choice questions, students will reinforce knowledge about institutions (SIDBI, BIRAC, CDSCO, NRDC, NABL), government programs (CGTMSE, EPCG, MUDRA, CLCSS), and specialized support channels (PHARMEXCIL, Startup India). The set emphasizes practical application so that future pharmaceutical entrepreneurs can identify and access the right support for research, commercialization, and scaling up.

Q1. Which portal is the official platform for MSME (Micro, Small & Medium Enterprises) registration in India?

• Udyam Registration portal
• Udyog Aadhaar Memorandum portal
• Startup India portal
• MSME Samadhan portal

Correct Answer: Udyam Registration portal

Q2. Which institution is the principal development financial institution providing refinance and specialised products for SMEs in India?

• Reserve Bank of India (RBI)
• Small Industries Development Bank of India (SIDBI)
• National Bank for Agriculture and Rural Development (NABARD)
• Export-Import Bank of India (EXIM Bank)

Correct Answer: Small Industries Development Bank of India (SIDBI)

Q3. Which scheme provides credit guarantee cover to lending institutions for collateral-free loans to micro and small enterprises?

• Pradhan Mantri MUDRA Yojana (MUDRA)
• Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)
• Prime Minister’s Employment Generation Programme (PMEGP)
• Credit Linked Capital Subsidy Scheme (CLCSS)

Correct Answer: Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)

Q4. Which organisation primarily promotes pharmaceutical exports from India and provides market intelligence for exporters?

• Pharmaceuticals Export Promotion Council of India (PHARMEXCIL)
• Federation of Indian Chambers of Commerce & Industry (FICCI)
• Confederation of Indian Industry (CII)
• Export Promotion Council for Handicrafts (EPCH)

Correct Answer: Pharmaceuticals Export Promotion Council of India (PHARMEXCIL)

Q5. Which central authority in India is primarily responsible for granting approval for clinical trials and new drug registrations?

• Indian Council of Medical Research (ICMR)
• Central Drugs Standard Control Organization (CDSCO)
• National Institute of Virology (NIV)
• Biotechnology Industry Research Assistance Council (BIRAC)

Correct Answer: Central Drugs Standard Control Organization (CDSCO)

Q6. For comprehensive biomedical literature searches related to drug research, which database is most commonly used?

• PATENTSCOPE (WIPO)
• PubMed
• Indian Patent Advanced Search System (InPASS)
• Espacenet

Correct Answer: PubMed

Q7. Which grant from BIRAC specifically supports proof-of-concept and early-stage validation for biotech startups?

• BIRAC Biotech Ignition Grant (BIG)
• TDB Seed Grant
• SIDBI Startup Support Grant
• NRDC Commercialisation Grant

Correct Answer: BIRAC Biotech Ignition Grant (BIG)

Q8. Which organisation in India assists in technology transfer, licensing and commercialisation of technologies developed in national laboratories and academic institutions?

• National Research Development Corporation (NRDC)
• Department of Biotechnology (DBT)
• Technology Development Board (TDB)
• Indian Council of Medical Research (ICMR)

Correct Answer: National Research Development Corporation (NRDC)

Q9. Which scheme provides capital subsidy to encourage small industries to adopt modern and improved technology?

• Credit Linked Capital Subsidy Scheme (CLCSS)
• Pradhan Mantri MUDRA Yojana (MUDRA)
• Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE)
• MSME Samarth

Correct Answer: Credit Linked Capital Subsidy Scheme (CLCSS)

Q10. What does SIDBI stand for?

• Small Industries Development Bank of India
• State Industrial Development Board of India
• Small Investment and Development Bank of India
• Society for Industrial Development and Business Initiatives

Correct Answer: Small Industries Development Bank of India

Q11. Which Indian patent search system is recommended for detailed searching of Indian patent documents?

• Indian Patent Advanced Search System (InPASS)
• Espacenet
• PATENTSCOPE (WIPO)
• PubMed

Correct Answer: Indian Patent Advanced Search System (InPASS)

Q12. Which export incentive scheme allows duty-free import of capital goods for export production subject to an export obligation?

• Merchandise Exports from India Scheme (MEIS)
• Export Promotion Capital Goods (EPCG) scheme
• Service Exports from India Scheme (SEIS)
• Duty Drawback Scheme

Correct Answer: Export Promotion Capital Goods (EPCG) scheme

Q13. Which organisation actively funds and mentors biotech and pharmaceutical startups in India through competitive grants and support programs?

• Biotechnology Industry Research Assistance Council (BIRAC)
• NABARD
• Insurance Regulatory and Development Authority (IRDA)
• Central Drugs Standard Control Organization (CDSCO)

Correct Answer: Biotechnology Industry Research Assistance Council (BIRAC)

Q14. Where should entrepreneurs look first for official drug regulatory guidelines, licensing procedures and notifications in India?

• World Health Organization (WHO) website
• Central Drugs Standard Control Organization (CDSCO) website
• Ministry of Commerce website
• Pharmacopeia Commission website

Correct Answer: Central Drugs Standard Control Organization (CDSCO) website

Q15. Which body provides accreditation to testing and calibration laboratories in India, important for GLP/GMP compliance evidence?

• National Accreditation Board for Testing and Calibration Laboratories (NABL)
• Bureau of Indian Standards (BIS)
• Central Drugs Laboratory (CDL)
• Indian Council of Medical Research (ICMR)

Correct Answer: National Accreditation Board for Testing and Calibration Laboratories (NABL)

Q16. Which scheme is specifically aimed at providing small business loans to non-corporate, non-farm micro enterprises?

• Pradhan Mantri MUDRA Yojana (MUDRA)
• Credit Linked Capital Subsidy Scheme (CLCSS)
• Start-up India Seed Fund
• Atal Innovation Mission Grants

Correct Answer: Pradhan Mantri MUDRA Yojana (MUDRA)

Q17. Which official government portal aggregates incentives, regulatory clearances and schemes aimed at technology startups and entrepreneurial facilitation?

• Invest India portal
• Startup India portal
• Udyam Registration portal
• Directorate General of Foreign Trade (DGFT) portal

Correct Answer: Startup India portal

Q18. For comprehensive international patent searching across PCT filings, which database is most suitable?

• PATENTSCOPE (WIPO)
• PubMed
• InPASS
• Google Scholar

Correct Answer: PATENTSCOPE (WIPO)

Q19. Which government body provides financial support and grants to encourage commercialisation of indigenous technologies, including small-scale pharmaceutical innovations?

• Technology Development Board (TDB)
• Biotechnology Industry Research Assistance Council (BIRAC)
• National Bank for Agriculture and Rural Development (NABARD)
• Shipping Corporation of India

Correct Answer: Technology Development Board (TDB)

Q20. Which financial institution specializes in providing export finance, lines of credit and advisory services for Indian exporters including pharmaceutical companies?

• Export-Import Bank of India (EXIM Bank)
• NABARD
• Small Industries Development Bank of India (SIDBI)
• Life Insurance Corporation of India (LIC)

Correct Answer: Export-Import Bank of India (EXIM Bank)

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