{"id":17876,"date":"2022-05-27T16:30:43","date_gmt":"2022-05-27T11:00:43","guid":{"rendered":"https:\/\/mcq-questions.com\/?p=17876"},"modified":"2022-05-18T15:56:06","modified_gmt":"2022-05-18T10:26:06","slug":"mcq-questions-for-class-11-business-studies-chapter-9","status":"publish","type":"post","link":"https:\/\/mcq-questions.com\/mcq-questions-for-class-11-business-studies-chapter-9\/","title":{"rendered":"MCQ Questions for Class 11 Business Studies Chapter 9 Small Business with Answers"},"content":{"rendered":"

Students who are searching for NCERT MCQ Questions for Class 11 Business Studies Chapter 9 Small Business with Answers Pdf free download are compiled here to get good practice on all fundamentals. Know your preparation level on MCQ Questions for Class 11 Business Studies with Answers<\/a>. You can also verify your answers from our provided Small Business Class 11 MCQs Questions with Answers. So, ace up your preparation with MCQ on Small Business Class 11 Objective Questions.<\/p>\n

Small Business Class 11 MCQs Questions with Answers<\/h2>\n

Question 1.
\nExpand EOUs
\n(a) Essential Operating units
\n(b) Export Oriented units
\n(c) Export Order Units
\n(d) Essential order units<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (b) Export Oriented units<\/p>\n<\/details>\n

\n

Question 2.
\nThe District Industries Centers Programme was launched on
\n(a) On 15 August 1978
\n(b) On May 1, 1978
\n(c) On September 1, 1978
\n(d) On July 1, 1978<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (b) On May 1, 1978<\/p>\n<\/details>\n

\n

Question 3.
\nThe 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.
\n(a) Micro Business industry
\n(b) Export oriented unit
\n(c) Ancillary small industry
\n(d) Village industries<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (c) Ancillary small industry<\/p>\n<\/details>\n

\n

Question 4.
\nISO 9000 is concerned with
\n(a) Export
\n(b) Quantity
\n(c) Quality
\n(d) Import<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (c) Quality<\/p>\n<\/details>\n

\n

Question 5.
\nWhich of the following comes under the Modern Small Industries?
\n(a) Coir
\n(b) Powerlooms
\n(c) Handicrafts
\n(d) Khadi<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (b) Powerlooms<\/p>\n<\/details>\n

\n

Question 6.
\nSmall industries contribute _______ of gross industrial value.
\n(a) 49 percent
\n(b) 45 percent
\n(c) 48 percent
\n(d) 40 percent<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (d) 40 percent<\/p>\n<\/details>\n

\n

Question 7.
\nThe small scale industry can enjoy the status of _______ unit if it exports more than 50% of its production.
\n(a) Import oriented units
\n(b) Export Oriented units
\n(c) Small scale unit
\n(d) Domestic unit<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (b) Export Oriented units<\/p>\n<\/details>\n

\n

Question 8.
\nNSIC was setup in
\n(a) 1982
\n(b) 1975
\n(c) 1965
\n(d) 1955<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (d) 1955<\/p>\n<\/details>\n

\n

Question 9.
\n______ are also known as Rural industries or Traditional industries
\n(a) Agricultural industry
\n(b) Food industry
\n(c) Cottage Industries
\n(d) None of the above<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (c) Cottage Industries<\/p>\n<\/details>\n

\n

Question 10.
\nSmall scale industries owned and managed by women entrepreneurs have a share capital of not less than __________
\n(a) 20 percent
\n(b) 51 percent
\n(c) 25 percent
\n(d) 50 percent<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (b) 51 percent<\/p>\n<\/details>\n

\n

Question 11.
\nExpand DIC
\n(a) Directorate of Industry corporation
\n(b) Directorate of Indian Corporation
\n(c) District Industries Centers
\n(d) None of the above<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (c) District Industries Centers<\/p>\n<\/details>\n

\n

Question 12.
\nWhich of the following is part of the small-scale sector?
\n(a) Paper Products and Printing
\n(b) Food Products
\n(c) Cotton Textiles
\n(d) All of the above<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (d) All of the above<\/p>\n<\/details>\n

\n

Question 13.
\nExemption from paying taxes for 5 ot 10 years is known as _________
\n(a) Tax Deduction
\n(b) TDS
\n(c) Value Added Tax
\n(d) Tax Holiday<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (d) Tax Holiday<\/p>\n<\/details>\n

\n

Question 14.
\n_____ is defined as one in which the investment in fixed assets of plant and machinery does not exceed rupees one crore.
\n(a) Small Scale Industry
\n(b) Limited Companies
\n(c) Large Scale industry
\n(d) None of the above<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (a) Small Scale Industry<\/p>\n<\/details>\n

\n

Question 15.
\nIn India, the ‘Village and Small Industries’ Sector consists of both traditional and modern small industries. This sector has ___________subgroups.
\n(a) Eleven
\n(b) Ten
\n(c) Five
\n(d) Eight<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (d) Eight<\/p>\n<\/details>\n

\n

Question 16.
\nExpand KVIC
\n(a) Khadi and Village Industries Commission
\n(b) Khadi and Village industries core
\n(c) King of Village Industries Commission
\n(d) King of Village Investment culture<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (a) Khadi and Village Industries Commission<\/p>\n<\/details>\n

\n

Question 17.
\nA tiny unit is defined as an industrial or business enterprise whose investment in plant and machinery is not more than ___________
\n(a) Rs.35 Lakhs
\n(b) Rs.50 Lakhs
\n(c) Rs.30 Lakhs
\n(d) Rs. 25 Lakhs<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (d) Rs. 25 Lakhs<\/p>\n<\/details>\n

\n

Question 18.
\nWhich of the following is the main problem for small businesses?
\n(a) Raw material
\n(b) Finance
\n(c) Managerial skill
\n(d) All of the above<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (d) All of the above<\/p>\n<\/details>\n

\n

Question 19.
\nExpand SIDBI
\n(a) Society Industrial development bank of India
\n(b) Small Industries development bank of India
\n(c) Super Industrial development bank of India
\n(d) Small Indian Development bank of India<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (b) Small industries development bank of India<\/p>\n<\/details>\n

\n

Question 20.
\nWhich of the following is organised by individuals?
\n(a) Cottage Industries
\n(b) Chemical industry
\n(c) Railway industry
\n(d) None of the above<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (a) Cottage Industries<\/p>\n<\/details>\n

\n

Question 21.
\nAny industry located in a rural area which produces any goods renders any service with or without the use of power is known as ________
\n(a) City Industry
\n(b) Town Industry
\n(c) Village Industry
\n(d) District Industry<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (c) Village Industry<\/p>\n<\/details>\n

\n

Question 22.
\nLimit of investment in small scale industry is _________
\n(a) One crore
\n(b) Ten crore
\n(c) Two crore
\n(d) Five crore<\/p>\n

\nAnswer<\/span><\/summary>\n

Answer: (a) One crore<\/p>\n<\/details>\n

\n

Use the above-provided NCERT MCQ Questions for Class 11 Business Studies Chapter 9 Small Business with Answers Pdf free download and get a good grip on the fundamentals. Need any support from our end during the preparation of CBSE Class 11 Business Studies Small Business MCQs Multiple Choice Questions with Answers then leave your comments below. We’ll revert back to you soon.<\/p>\n","protected":false},"excerpt":{"rendered":"

Students who are searching for NCERT MCQ Questions for Class 11 Business Studies Chapter 9 Small Business with Answers Pdf free download are compiled here to get good practice on all fundamentals. Know your preparation level on MCQ Questions for Class 11 Business Studies with Answers. You can also verify your answers from our provided …<\/p>\n

MCQ Questions for Class 11 Business Studies Chapter 9 Small Business with Answers<\/span> Read More »<\/a><\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","spay_email":""},"categories":[35],"tags":[],"yoast_head":"\nMCQ Questions for Class 11 Business Studies Chapter 9 Small Business with Answers - MCQ Questions<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/mcq-questions.com\/mcq-questions-for-class-11-business-studies-chapter-9\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MCQ Questions for Class 11 Business Studies Chapter 9 Small Business with Answers - MCQ Questions\" \/>\n<meta property=\"og:description\" content=\"Students who are searching for NCERT MCQ Questions for Class 11 Business Studies Chapter 9 Small Business with Answers Pdf free download are compiled here to get good practice on all fundamentals. 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