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.
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MCQ Questions Class 11 Small Business with Answers - Set - 2
Question 1:
How many goods are reserved for small business :
(a) 800
(b) 700
(c) 900
(d) 500.
Correct Answer – (A)
Question 2:
India has of small business undertakings:
(a) 95
(b) 92
(c) 90
(d) 94.
Correct Answer – (D)
Question 3:
Which is not included in small business:
(a) Business run by womens
(b) Cottage industries
(c) Khadi and rural industry
(d) Industry having investments up to 2 crore.
Correct Answer – (D)
Question 4:
Which of the following comes under the Modern Small Industries?
(a) Coir
(b) Handicrafts
(c) Khadi
(d) Powerlooms
Correct Answer – (D)
Question 5:
Small scale industries owned and managed by women entrepreneurs have share capital of not less than __________
(a) 25 percent
(b) 50 percent
(c) 51 percent
(d) 20 percent
Correct Answer – (C)
MCQ Questions Class 11 Small Business With Answers
Question 6:
Investment limit in small business:
(a) 20 lakh
(b) 25 lakh
(c) 10 lakh
(d) 2 lakh.
Correct Answer – (B)
Question 7:
In India the small business can be classified into how many categories on the basis of capital investment:
(a) 3
(b) 4
(c) 2
(d) 5.
Correct Answer – (C)
Question 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
Correct Answer – (A)
Question 9:
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
Correct Answer – (D)
Question 10:
Micro enterprises are those whose investment in plant and machinery does not exceed rupees___
(a) 5 Lakh
(b) 3 Lakh
(c) 1 Lakh
(d) 2 Lakh
