Here you will get Class 11 Business Studies MCQ Questions of Small Business with Answers free dependent on the significant ideas and themes are given in the coursebook according to the new exam pattern. This might help you to comprehend and check your insight about the parts. Understudies likewise can step through a free exam of the Multiple Choice Questions of Class 11 Business Studies of Small Business. Each question has four alternatives followed by the right answer. These MCQ Questions are chosen upheld by the freshest test design as reported by CBSE.
Significant MCQ Questions for Class 11 Business Studies are illustrated by the topic specialists from the most recent release of CBSE books. It is prescribed for the understudies to rehearse the given Class 11 Business Studies part astute significant inquiries with the appropriate responses. The MCQ Questions of Small Business would help the understudies in scoring great imprints in board tests.
Refer for MCQ Questions Class 12 Business Studies Small Business with Answers. Settle questions and contrast and the appropriate answers gave here.
1. Expand EOUs
(a) Essential Operating units
(b) Export Order Units
(c) Export Oriented units
(d) Essential order units
2. Which of the following is organised by individuals?
(a) Cottage Industries
(b) Railway industry
(c) None of these
(d) Chemical industry
3. Any industry located in a rural area which produces any goods, renders any service with or without the use of power is known as ________
(a) City Industry
(b) Town Industry
(c) Village Industry
(d) District Industry
4. A small scale service and business enterprise is one whose investment in fixed assets of plant and machinery excluding land and building does not exceed ______
(a) Rs.25 Lakhs
(b) Rs.30 Lakhs
(c) Rs.10 Lakhs
(d) Rs.15 Lakhs
5. The small scale industry can enjoy the status of _______ unit if it exports more than 50% of its production.
(a) Domestic unit
(b) Export Oriented units
(c) Small scale unit
(d) Import oriented units
6. _____ is defined as one in which the investment in fixed assets of plant and machinery does not exceed rupees one crore.
(a) Limited Companies
(b) None of these
(c) Small Scale Industry
(d) Large Scale industry
7. The small scale industry can enjoy the status of ________ if it supplies not less than 50% of its production to another industry, referred to as the parent unit.
(a) Village industries
(b) Micro Business industry
(c) Export oriented unit
(d) Ancillary small industry
8. A tiny unit is defined as an industrial or business enterprise whose investment in plant and machinery is not more than ___________.
(a) Rs.25 Lakhs
(b) Rs.30 Lakhs
(c) Rs.35 Lakhs
(d) Rs.50 Lakhs
9. Which of the following comes under the Modern Small Industries?
(a) Coir
(b) Handicrafts
(c) Khadi
(d) Powerlooms
10. _____ is defined as one in which the investment in fixed assets of plant and machinery does not exceed rupees one crore.
(a) Limited Companies
(b) Large Scale industry
(c) Small Scale Industry
(d) None of the above
11. Expand EOUs
(a) Essential Operating units
(b) Export Order Units
(c) Export Oriented units
(d) Essential Order units
12. Any industry located in a rural area that produces any goods, renders any service with or without the use of power is known as ________.
(a) City Industry
(b) Town Industry
(c) Village Industry
(d) District Industry
13. as per MSMED act which of the following issue is not addressed by it
(a) credit
(b) Technology up gradation
(c) Marketing products
(d) Global competition
14. Which of the nodal agency works for the Co ordination and development of village and Khadi Industries?
(a) Ministry of agro and rural industries
(b) Khadi and village industries
(c) National small industries corporation
(d) NABARD
15. Khadi and village industries are identified as
(a) Large scale industries
(b) Traditional small scale industries
(c) Modern small scale industry
(d) Medium scale industry
16. As per government of India size of small scale industry can be decided on the basis of
(a) Number of employees working
(b) Volume of output
(c) power consumed for business
(d) Investment in plant and machinery
17. In case of service enterprise, where investment in equipment is more than 10 lakhs rupees but does not exceed 2 crore rupees is
(a) Micro enterprise
(b) small enterprise
(c) Medium enterprise
(d) cottage industries
18. MSMED act came into existence
(a) October2007
(b) October2006
(c) October1991
(d) October2013
19. ISO 9000 is concerned with
(i) Export
(ii) Quantity
(iii) Quality
(iv) Import
20. Exemption from paying taxes for 5 ot 10 years is known as
(i) Tax Deduction
(ii) TDS
(iii) Value Added Tax
(iv) Tax Holiday
21. India has of small business undertakings:
(i) 95
(ii) 92
(iii) 90
(iv) 94.
22. Which of the following is organised by individuals?
(i) Cottage Industries
(ii) Railway industry
(iii) None of these
(iv) Chemical industry
23. Large investment is made in fixed assets, the project will be termed as
(i) Capital Intensive.
(ii) Labour Intensive.
(iii) Product Intensive.
(iv) Market Intensive.
24. NSIC was setup in
(i) 1982
(ii) 1975
(iii) 1965
(iv) 1955
25. When did India globally become the 7th largest vehicle manufacturer?
(i) 2007
(ii) 2008
(iii) 2009
(iv) 2010
