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 - 5
Question 1:Â
It is not a problem of small Business Â
(a) Finance
(b) Technology
(c) Sickness
(a) Regional balanceÂ
Correct Answer – (D)
Question 2:Â
Agency works for the benefit of socially and economically disadvantaged groups and individuals Â
(a) RWE
(b) SFURTI
(c) RSBDC
(d) DICÂ
Correct Answer – (C)
Question 3:Â
The total contribution of raw material and machinery is Rs.10 lakh Â
(a) Micro enterprise
(b) small enterprise
(c) medium enterprise
(d) large enterpriseÂ
Correct Answer – (A)
Question 4:Â
Who can register Geographical indications Â
(a) individualÂ
(b) company
(c) producers
(d) consumersÂ
Correct Answer – (A)C
Question 5:Â
People who own, operate and take risk of a business venture Â
(a) Aptitude
(b) employee
(c) Entrepreneur
(d) Entrepreneurship
Correct Answer – (C)
MCQ Questions Class 11 Small Business With Answers
Question 6:Â
Type if IPR helps in distinguishing similar products in the market from its compititors Â
(a) copyright
(b) trademarks
(c) patent
(d) DesignÂ
Correct Answer – (B)
Question 7:Â
The contribution in Gross value added of small scale industries Â
(a) 40%
(b) 45%
(c) 47%
(d) 49%Â
Correct Answer – (B)
Question 8:Â
Entrepreneurship provides Â
(a) capital investment
(b) self employment
(c) administration
(d) marketingÂ
Correct Answer – (B)
Question 9:Â
What is the main objective of small scale industries? Â
(a) To provide employment
(b) To reduce poverty
(c) To establish link between people and resources
(d) To make profit for the GovernmentÂ
Correct Answer – (B)
Question 10:Â
As per notification issued by the ministry of commerce and industry, a start up means, with reference to period Â
(a) not older than 5 years
(b) not older than 10 years
(c) not older than 12 years
(d) not older than 13 years