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 - 3
Question 1:Â
In case of service enterprise, where investment in equipment is more than 10 lakhs rupees but does not exceed 2 crore rupees is Â
(a) Micro enterprise
(b) small enterprise
(c) Medium enterprise
(d) cottage industriesÂ
Correct Answer – (B)
Question 2:Â
Khadi and village industries are identified as Â
(a) Large scale industries
(b) Traditional small scale industries
(c) Modern small scale industry
(d) Medium scale industryÂ
Correct Answer – (B)
Question 3:Â
As per MSMED act which of the following issue is not addressed by it Â
(a) credit
(b) Technology up gradation
(c) Marketing products
(d) Global competition
Correct Answer – (D)
Question 4:Â
In India which norm is not used for the measurement of business units :
(a) Number of person engaged in the business
(b) Capital investment in the business
(c) Quantity of production
(d) Number of educated people in the business
Correct Answer – (D)
Question 5:Â
Which is not the characteristics of cottage industry :
(a) Use of foreign technique in production
(b) They are organized by personal resources of the members
(c) Simple tools are used in it
(d) Small capital investment.
Correct Answer – (A)
MCQ Questions Class 11 Small Business With Answers
Question 6:Â
As per government of India size of small scale industry can be decided on the basis of Â
(a) Number of employees working
(b) Volume of output
(c) power consumed for business
(d) Investment in plant and machineryÂ
Correct Answer – (D)
Question 7:Â
Which of the nodal agency works for the Co ordination and development of village and Khadi Industries?Â
(a) Ministry of agro and rural industries
(b) Khadi and village industries
(c) National small industries corporation
(d) NABARDÂ
Correct Answer – (A)
Question 8:Â
NABARD was established in the year:
(a) 1982
(b) 1985
(c) 1984
(d) 1986.
Correct Answer – (A)
Question 9:Â
In India small business units have……. position :
(a) 3rd
(b) 2nd
(c) 4th
(d) 1st
Correct Answer – (B)
Question 10:Â
Which is not the characteristics of small business:
(a) Unlimited work scope
(b) Free management
(c) Priority of workers
(d) Limited investment.
