MCQ Questions Class 12 Small Business-5

MCQ Questions Class 11 Small Business With Answers

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: 

It is not a problem of small Business   
(a) Finance
(b) Technology
(c) Sickness
(a) Regional balance 

Correct Answer – (D)

Question 2: 

Agency works for the benefit of socially and economically disadvantaged groups and individuals   
(a) RWE
(b) SFURTI
(c) RSBDC
(d) DIC 

Correct Answer – (C)

Question 3: 

The total contribution of raw material and machinery is Rs.10 lakh   
(a) Micro enterprise
(b) small enterprise
(c) medium enterprise
(d) large enterprise 

Correct Answer – (A)

Question 4: 

Who can register Geographical indications   
(a) individual 
(b) company
(c) producers
(d) consumers 

Correct Answer – (A)C

Question 5: 

People who own, operate and take risk of a business venture   
(a) Aptitude
(b) employee
(c) Entrepreneur
(d) Entrepreneurship

Correct Answer – (C)

MCQ Questions Class 11 Small Business With Answers

Question 6: 

Type if IPR helps in distinguishing similar products in the market from its compititors   
(a) copyright
(b) trademarks
(c) patent
(d) Design 

Correct Answer – (B)

Question 7: 

The contribution in Gross value added of small scale industries   
(a) 40%
(b) 45%
(c) 47%
(d) 49% 

Correct Answer – (B)

Question 8: 

Entrepreneurship provides   
(a) capital investment
(b) self employment
(c) administration
(d) marketing 

Correct Answer – (B)

Question 9: 

What is the main objective of small scale industries?   
(a) To provide employment
(b) To reduce poverty
(c) To establish link between people and resources
(d) To make profit for the Government 

Correct Answer – (B)

Question 10: 

As per notification issued by the ministry of commerce and industry, a start up means, with reference to period   
(a) not older than 5 years
(b) not older than 10 years
(c) not older than 12 years
(d) not older than 13 years

Correct Answer – (A)
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