CSC TEC Exam Questions and Answers Key 2022 with PDF Download

 Hello guys! If you are searching for CSC TEc Exam questions and answers then you are in the right place. Here we provide all the answers keys of the TEC Exam along with a Pdf for you. As government makes mandatory of TEC certificates many users are now to get the TEC certificate. To get the TEC certificate you first to give a test and if you get qualified in the test you will get the certificate.

How to Get TEC Certificate?

If you want to get TEC Certificate then you have to follow some steps. These steps are given below. follow the steps to get TEC Certificate.

Steps Follow
1 First You have to register for the CSC - Click to Register
2 Fill up your details to get registered.
3 Submit Registration Fee (1479)
4 Your User Id and Password will be generated.
5 Qualify in 10 assessments and Final Examination to get a Certificate.

TEC (Telecenter Entrepreneur Cours) Final Exam Details

  • Total No of Questions in TEC Final Exam - 50
  • Type of Questions - Multiple
  • Passing Mark - 50%
  • Negative Marking - No
  • Time of Exam - 10 AM to 5 PM (Monday to Saturday)

TEC Exam Questions and Answers Key 2022

TEC Exam Answer Key 2022

The CSC conducts the TEC exam in a total of 10 modules and each module contains 10 marks. Here we will provide the TEC exam questions and answers module-wise so that it will be easy for you to give the test. The 10 modules of the TEC exam are given below.

  1. Entrepreneurship
  2. Entrepreneurship and Entrepreneurial Character
  3. Identifying Business Opportunities
  4. Understanding Cost Structure
  5. Long Term Orientation
  6. Recording Business Transactions
  7. Basic Financial Terms
  8. Accounting and Business Reporting
  9. Marketing Education-Handling Questions & Concerns
  10. Marketing Education Value
So let's start all the questions and answers of the TEC  Assessment exam modules.

#1. Entrepreneurship Questions and Answers to the TEC Exam

1. An Entrepreneur is one who is involved in a few of these activities - Managing, organizing, innovating, assuming risks, etc?

2. An Entrepreneur does the following activities - managing, organizing, and makes all the decisions by himself?

3. An Entrepreneur is a person who takes less risks, avoids experimentation?

4. A successful entrepreneur can become rich very fast?

5. All People who start up a business based on a new idea are always successful?

6. 92% of the startups are successful within the first 3 years of starting?

7. Starting up a new venture with a new idea is called entrepreneurship?

8. Entrepreneurship is an opportunity to create wealth?

9. Which of these is an example of entrepreneurship?

10. Which of these is an example of entrepreneurship?

preneurship and Entrepreneurial Character

1. Entrepreneurs need to have ____ to be successful?

2. ______ is the specific tool of entrepreneurship?

3. Entrepreneurs need members in physical communities where ideas can be shared and shaped?

4. How to inspire and create entrepreneurial leaders within the organizations?

entrepreneurial activity as a mainstream, strategic activity

5. Organizations are not entrepreneurial but people are entrepreneurial?

6. Entreprenuering farmed as international iterations create?

7. Does entrepreneurship involve _____?

8. Entrepreneurship involves organizing, managing, and assuming the risks pertaining to your enterprise, etc. And an entrepreneur is one who is involved in all of these?

9. Building a business takes ______ time than it takes to generate the idea for the business?

10. Entrepreneurs should not be greedy to grow big, as this needs patience as well?

1. Successful entrepreneurship requires the ability to balance technical knowledge and market knowledge?

2. An electrician observed that grocery stores in his area are running successfully and wanted to open one too. He opened one but was not able to make any profit. Why?

3. Cashflow simply put is the difference between the cash that flows in and the cash that flows out?

4. Upfront capital and R&D requirement cost should be high while evaluating whether an idea is an opportunity or not?

5. The market should be large and growing while evaluating whether an idea is an opportunity or not?

6. The venture/business should be high strategic value to a potential acquirer?

7. An idea is defined as the content of cognition?

8. Is every idea a possible opportunity?

9. How to identify an idea is an opportunity or not?

10. Why do we need to evaluate an idea?

1. _____ is the cost of any material directly used in the production of output?

2. ______ cost includes salaries, bonuses, insurance, pensions, benefits, earned leave paid to the individual involved?

3. Cost allocation is a method through a business allocates or distributes an indirect cost across various cost objects?

4. The cost vary with the output levels are called variable costs?

5. ______ costs are those that have been completely consumed or the benefits from which have been received by the business?

6. ______ is the monetary value of resources like materials, labour, overheads, used in the making of a product or delivery a service?

7. Direct and Indirect costs are based their association with different cost objects?

8. Cost that don't vary in the short term, regardless in changes of output levels, is called _____ cost?

9. Retail companies like Reliance Fresh, D Mart, Big Baazar have _____to a ____ degree of conversion?

10. _______ is the key determinants of the cost of goods sold(COGS), which appears on the P&L statement?

1. _____ is the ability to evaluate, assimilate, and exploit knowledge?

2. Absorptive Capacity comes from prior, related knowledge to be able to make sense of recognizing the value of, and use new information?

3. Why it is important to have prior knowledge or relatable expertise to become a successful entrepreneur?

4. A successful tailor wanted to try something new. So, he opened a street food restaurant in his area. But his restaurant didn't run properly and eventually, he had to close it down. Why? Please select the best option.

5. A knowledgeable cook opened a south Indian restaurant in Chennai. But the business was not running smoothly and later he had to close it. What went wrong?

6. What are the characteristics or traits of a successful entrepreneur. Select the best option?

7. What is not a characteristic/trait of a successful entrepreneur?

8. Entrepreneurs are always looking for new ways of doing things and how they can make them better. Which trait is being discussed here?

9. Entrepreneurs effectively sell their products or service to clients and customers. Which trait is being discussed here?

10. Entrepreneurs don't let uncertainty and potential failure stop them from doing what needs to be done. Which trait is being discussed here?

1. A business can't survive for a long without ____?

2. Geeta has a grocery shop. the customers have already paid Rs 5000 to her. Geeta decided to pay her supplier Rs 2000 at the end of the week. According to accrual basic calculate her profit?

3. Accountants worldwide use the triple entry system to record transactions?

4. Transactions are entered into the general journal in chronological order?

5. _______ is a record of all businesses' existing assets, liabilities, and equity?

6. What are the three financial sheets that are used to record and report a business?

7. Balance Sheet is a record of all of a Business' revenues and costs over a certain period of time, typically every quarter or every year?

8. Equity and liabilities come first in a balance sheet, followed by assets?

9. Select the Correct Equation?

1. What is a Sole proprietorship?

2. ________ has multiple owners or partners, some of whom are also usually responsible for the day-to-day running of the business?

3. What is a Corporation?

4. Identify a non-example of accounting?

5. _______ is about planning for the uncertain future and deciding what kind of investment should the business make?

6. ______ is a way for a business to raise capital but there is no obligation to repay entities that provide capital. Instead, entities are given ownership of the business?

7. What is the primary objective of a business?

8. What are the key inputs of business?

9. What is the output of the business?

10. What are the different forms of business?

Sole Proprietorship, Partnership, Commemoration

1. _____ are those assets that are expected to be sold or converted into cash or consumed within one year?

2. Non-Current Assets include ______, which typically last for more than one year?

3. What are the common types of current assets?

4. _______ is the value of raw material held, work in process, and finished good held by the business?

5. Any income or profit not paid out to shareholders is called _____?

6. ______ is also called the income statement?

7. Balance Sheet is divided into two parts. What are they?

8. ______ sheet represents the financial position of a business of a particular date, typically at the end of the quarter or financial year?

9. Inventories are the value of raw material held, work in process, and finished goods held by the business?

10. Both Assets and liabilities are classified as current and non-current?

1. Why should we identify customers' needs?

2. The innovation of products based on the customer need is of the value of the business?

3. Active Listening is one of the client's reactions to a typical sales pitch?

4. Select the correct structure of a good sales pitch?

5. Hearing is the same as listening?

6. Listening for enjoyment is called as _____?

7. A trusted adviser promotes a product aggressively to the customer?

8. How to become a Trusted Adviser?

9. Service promise is the assurance given to the customer about in-time delivery of assured ____ and ___ of the product?

10. Delivering what customers want is one of the constituents of a service promise?

1. Value can be defined in terms of _____ perspective as well as based on _____?

2. What are the advantages of adopting a value perspective?

3. According to the framework for entrepreneurs, select the best statement below?

4. Select the correct statement?

5. ______ everyone competes on price as no one is exploring how they are able to differently adding value to customers?

6. value is what the shop/store provides to the customer. (Like service of a shop or features of a product)?

7. Why is a customer purchasing from a particular store?

8. Select the correct statement?

9. Where does the value reside?

These are all the questions along with the answers in a real test environment to make you prepare for the CSC TEC exam. If you practice it several times then you definitely going to succeed in the TEC exam.


I hope these questions and answers will make you prepare to crack the CSC TEC exam as not it becomes mandatory. Here TEC Assessment  & Final Exam Questions Answer Key is given. You can practice these TEC Assessment Question answers if you want to get qualified for CSC TEC Exam.


Q1. What is the Registration Fee of TEC Exam?

Ans - The Exam Fee of TEC Exam is 1479/- only.

Q2. What is the total no of questions in the TEC final exam?

Ans - The total no. of question in Tec exam is 50.

Q3. What is the passing mark of TEC exam?

Ans - The passing mark is 50% in TEC exam.
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