Business Studies MCQ Class 11 Chapter 9 | Small Business | Business Studies Quiz for Class 11 and Other Competitive Exams

Business Studies MCQ Class 11 Chapter 9: Check the below NCERT MCQ Questions for Business Studies MCQ Class 11 Chapter 9 with Answers Pdf free download. Business Studies MCQ Class 11 Chapter 9 Questions for Business Studies with Answers were prepared based on the latest exam pattern. We have provided Business Studies MCQ Class 11 Chapter 9 with Answers to help students understand the concept very well.

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Business Studies MCQ Class 11 Chapter 9


1. Which of the following comes under the Modern Small Industries?
(a) Coir
(b) Handicrafts
(c) Khadi
(d) Powerlooms

View Answer

(d) Powerlooms


2. 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

View Answer

(d) Ancillary small industry


3. _____ is defined as one in which the investment in fixed assets of plant and machinery does not exceed rupees one crore.
(a) Limited Companies
(b) Large Scale industry
(c) Small Scale Industry
(d) None of the above

View Answer

(c) Small Scale Industry


4. Expand EOUs.
(a) Essential Operating units
(b) Export Order Units
(c) Export Oriented units
(d) Essential order units

View Answer

(c) Export Oriented units


5. 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

View Answer

(a) Rs.25 Lakhs


6. Which of the following is organised by individuals?
(a) Cottage Industries
(b) Railway industry
(c) Chemical industry
(d) None of these

View Answer

(a) Cottage Industries


7. The small scale industry can enjoy the status of _______ unit if it exports more than 50% of its production.
(a) Domestic unit
(b) Export Oriented units
(c) Small scale unit
(d) Import oriented units

View Answer

(b) Export Oriented units


8. A small scale serivce and business enterprise is one whose investment in fixed assets of plant and machinery excluding land and building does not exceed ______.
(a) Rs.25 Lakhs
(b) Rs.30 Lakhs
(c) Rs.10 Lakhs
(d) Rs.15 Lakhs

View Answer

(c) Rs.10 Lakhs


9. Any industry located in a rural area which produces any goods, renders any service with or without the use of power is known as ______.
(a) City Industry
(b) Town Industry
(c) Village Industry
(d) District Industry

View Answer

(c) Village Industry


10. Limit of investment in small scale industry is ______.
(a) one crore
(b) two crore
(c) five crore
(d) Ten crore

View Answer

(a) one crore


11. _____ is defined as one in which the investment in fixed assets of plant and machinery does not exceed rupees one crore.
(a) Limited Companies
(b) None of these
(c) Small Scale Industry
(d) Large Scale industry

View Answer

(c) Small Scale Industry


12. ______ are also known as Rural industries or Traditional industries.
(a) Food industry
(b) Cottage Industries
(c) None of these
(d) Agricultural industry

View Answer

(b) Cottage Industries


13. Which of the following is part of Village and Small Industries Sector?
(a) Handicrafts
(b) Sericulture
(c) Handlooms
(d) All of these

View Answer

(d) All of these


14. 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

View Answer

(c) 51 percent


15. 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

View Answer

(c) 1 Lakh


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