CBSE Class 11 Small Business Multiple Choice Questions with Answers. MCQ Questions Class 11 Small Business with Answers Is Prepared Based on Latest Exam Pattern. Students can solve NCERT MCQ questions Class 11 Small Business with Answers to know their preparation level.
Students who are searching for NCERT MCQ Questions Class 11 Small Business with Answers are compiled here to get good practice on all fundamentals. Know your preparation level on MCQ Questions for Class 11 Small Business with Answers. You can also verify your answers from the provided MCQ Class 11 Small Business with Answers. So, ace up your preparation with MCQ of Class 11 Business Studies Examinations.
MCQ Questions Class 11 Small Business with Answers - Set - 1
Question 1:
________ are also known as Rural industries or Traditional industries
(a) Food industry
(b) Cottage Industries
(c) None of these
(d) Agricultural industry
Correct Answer – (B)
Question 2:
In India, the ?Village and Small Industries? Sector consists of both traditional and modern small industries. This sector has ___________subgroups.
(a) Eleven
(b) Five
(c) Ten
(d) Eight
Correct Answer – (D)
Question 3:
________________ 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
Correct Answer – (C)
Question 4:
A small scale serivce 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
Correct Answer – (C)
Question 5:
Which of the following is organised by individuals?
(a) Cottage Industries
(b) Railway industry
(c) None of these
(d) Chemical industry
Correct Answer – (A)
MCQ Questions Class 11 Small Business With Answers
Question 6:
Limit of investment in small scale industry is _________
(a) one crore
(b) two crore
(c) five crore
(d) Ten crore
Correct Answer – (A)
Question 7:
Which of the following is part of ?Village and Small Industries Sector?
(a) Handicrafts
(b) Sericulture
(c) Handlooms
(d) All of these
Correct Answer – (D)
Question 8:
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
Correct Answer – (B)
Question 9:
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
Correct Answer – (C)
Question 10:
Expand EOUs
(a) Essential Operating units
(b) Export Order Units
(c) Export Oriented units
(d) Essential order units
