This quiz works best with JavaScript enabled. Home > Class 12 > Class 12 Entrepreneurship Chapter 6 Government Policies And Support To Entrepreneurship – Quiz 2 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 12 Entrepreneurship Chapter 6 Government Policies And Support To Entrepreneurship Quiz 2 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Power of the legislative branch to review the policies, programs, and activities of the executive branch on an ongoing basis A) Necessary and Proper Clause. B) Legislative Veto. C) Impoundment. D) Legislative Oversight. Show Answer Correct Answer: D) Legislative Oversight. 2. Powers the government requires to carry out its expressed constitutional powers A) Immediate Power. B) Expressed Power. C) Implied Power. D) Necessary Power. Show Answer Correct Answer: C) Implied Power. 3. Which term best describes the right of the people living in a newly organized territory to decide by vote of their territorial legislature whether or not slavery would be permitted there. A) Electoral college. B) Popular sovereignty. C) Abolition. D) Secession. Show Answer Correct Answer: B) Popular sovereignty. 4. The government has extended unemployment benefits for qualified workers for an additional six weeks A) Tax Policy. B) Spending Policy. C) All the above. D) None of the above. Show Answer Correct Answer: B) Spending Policy. 5. Net exports are affected by government decisions such as ..... A) Reduction in public spending. B) Reduction of reference rate. C) Increase in consumption taxes. D) All of the above. Show Answer Correct Answer: B) Reduction of reference rate. 6. What is the primary reason for the U.S. involvement in Korea and Vietnam? A) An imperialist longing to annex colonies. B) A fear of the international spread of Communism. C) The hope of expanding American frontiers westward. D) A aid desire to help these people improve their economies. Show Answer Correct Answer: B) A fear of the international spread of Communism. 7. What government agency is responsible for exploring space? A) NASA. B) DEA. C) IRS. D) NSA. Show Answer Correct Answer: A) NASA. 8. Why was the 36' 30' parallel line only a temporary fix? A) It didn't include land the U.S. received from Mexico. B) It was written to only apply for 30 years. C) It was unconstitutional in the eyes of the southerners. D) It didn't have enough support in Congress from both sides. Show Answer Correct Answer: A) It didn't include land the U.S. received from Mexico. 9. What are the two forms of federalism experienced by Texas? A) Layer cake federalism and marble cake federalism. B) Chocolate cake federalism and vanilla cake federalism. C) Strawberry cake federalism and lemon cake federalism. D) Butter cake federalism and carrot cake federalism. Show Answer Correct Answer: A) Layer cake federalism and marble cake federalism. 10. The government decides to begin a massive effort to rebuild the nation's highway A) Tax Policy. B) Spending Policy. C) All the above. D) None of the above. Show Answer Correct Answer: B) Spending Policy. 11. People who represent interest groups A) Constituents. B) Cabinet. C) Senators. D) Lobbyists. Show Answer Correct Answer: D) Lobbyists. 12. What is a common trait shared by all governments according to the text? A) All governments are democratic in nature. B) All governments claim to lead and protect their people. C) All governments aim to oppress their people. D) All governments prioritize economic growth over security. Show Answer Correct Answer: B) All governments claim to lead and protect their people. 13. Which of the following is NOT cited as a possible cause of market failure in the passage? A) Externality. B) Market power. C) Government intervention. D) Pollution. Show Answer Correct Answer: C) Government intervention. 14. A local community wants more control over its schools, but the national government wants to set uniform standards. Use reasoning to explain how a federal system could address both local and national concerns. A) By allowing local governments to set some policies while the national government sets others. B) By giving all control to the national government. C) By eliminating local governments. D) By allowing local governments to ignore national standards. Show Answer Correct Answer: A) By allowing local governments to set some policies while the national government sets others. 15. If no candidate in a presidential election gets a majority of the votes in the Electoral College A) The House votes from the three candidates with the most electoral votes. B) The people get to choose from all the candidates running in the election. C) The Senate votes from all candidates running in the election. D) The Supreme Court chooses the winner. Show Answer Correct Answer: A) The House votes from the three candidates with the most electoral votes. 16. Government intervention in the economy has as its main objective to ..... A) Reduce inflation. B) Increase inflation. C) Reduce unemployment. D) Increase unemployment. E) Reduce inflation and reduce unemployment. Show Answer Correct Answer: E) Reduce inflation and reduce unemployment. 17. If the Central Bank wants to increase the money supply, it will ..... the interest rate it pays to the commercial banks on the amount of excess reserves they hold with the Central Bank. A) Increase. B) Lower. C) All the above. D) None of the above. Show Answer Correct Answer: B) Lower. 18. An important group of policy advisers to the President. A) Congress. B) Cabinet. C) Supreme Court. D) House of Representatives. Show Answer Correct Answer: B) Cabinet. 19. Which of the following is an example of a power reserved to the states? A) Foreign Policy. B) National Defense. C) Education. D) Interstate commerce. Show Answer Correct Answer: C) Education. 20. Which of the following best describes the government's role in taxation policies? A) To eliminate all taxes. B) To ensure equitable distribution of wealth. C) To discourage investments. D) To fund private luxury projects. Show Answer Correct Answer: B) To ensure equitable distribution of wealth. 21. What ideology do left-wing governments support? A) Preserving the status quo and opposing change. B) Believing in minimal government intervention in the economy. C) Working toward achieving social equality. D) Prioritizing individual freedom over social equality. Show Answer Correct Answer: C) Working toward achieving social equality. 22. Role of government in regulating businesses A) To enforce laws that protect consumers, workers, and the environment. B) To maximize profits for businesses. C) To eliminate competition in the market. D) To reduce taxes for corporations. Show Answer Correct Answer: A) To enforce laws that protect consumers, workers, and the environment. 23. What are the characteristics of the 1876 Texas Constitution? A) Length, specificity, and emphasis on limiting government power. B) Flexibility, brevity, and emphasis on expanding government power. C) Length, flexibility, and emphasis on expanding government power. D) Flexibility, specificity, and emphasis on limiting government power. Show Answer Correct Answer: A) Length, specificity, and emphasis on limiting government power. 24. What type of funding does the "Fund of Funds for Startups" (FFS) provide? A) Direct loans to startups. B) Financial support to venture capital firms for investing in startups. C) Grants for public sector enterprises. D) Crowdfunding support. Show Answer Correct Answer: B) Financial support to venture capital firms for investing in startups. 25. Under the "Atal Innovation Mission, " which of the following is encouraged? A) Setting up of financial institutions. B) Establishing innovation hubs and incubators. C) Limiting research and development. D) Only government-funded projects. Show Answer Correct Answer: B) Establishing innovation hubs and incubators. ← PreviousNext →Related QuizzesClass 12 Entrepreneurship Chapter 6 Government Policies And Support To Entrepreneurship Quiz 1Class 12 Entrepreneurship Chapter 6 Government Policies And Support To Entrepreneurship Quiz 3Class 12 Entrepreneurship Chapter 6 Government Policies And Support To Entrepreneurship Quiz 4Class 12 Entrepreneurship Chapter 6 Government Policies And Support To Entrepreneurship Quiz 5Class 12 Entrepreneurship Chapter 6 Government Policies And Support To Entrepreneurship Quiz 6Class 12 Entrepreneurship Chapter 6 Government Policies And Support To Entrepreneurship Quiz 7Class 12 Entrepreneurship Chapter 6 Government Policies And Support To Entrepreneurship Quiz 8Class 12 Entrepreneurship Chapter 6 Government Policies And Support To Entrepreneurship Quiz 9Class 12 Entrepreneurship Chapter 6 Government Policies And Support To Entrepreneurship Quiz 10Class 12 Entrepreneurship Chapter 6 Government Policies And Support To Entrepreneurship Quiz 11 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books