We have compiled NCERT MCQ Questions for Class 11 Business Studies Chapter 9 Small Business with Answers Pdf free download. MCQ Questions for Class 11 Business Studies with Answers were prepared according to the latest question paper pattern. Practicing these Small Business Class 11 Business Studies MCQs Questions with Answers really effective to improve your basics and learn all the key concepts.
Small Business Class 11 MCQs Questions with Answers
Objective Type Questions
Question 1.
Which is not included in small business:
(a) Business run by womens
(b) Cottage industries
(c) Khadi and rural industry
(d) Industry having investments up to 2 crore.
Answer
Answer: (d) Industry having investments up to 2 crore.
Question 2.
In India the small business can be classified into how many categories on the basis of capital investment:
(a) 3
(b) 4
(c) 2
(d) 5.
Answer
Answer: (c) 2
Question 3.
India has of small business undertakings:
(a) 95
(b) 92
(c) 90
(d) 94.
Answer
Answer: (a) 95
Question 4.
Investment limit in small business:
(a) 20 lakh
(b) 25 lakh
(c) 10 lakh
(d) 2 lakh.
Answer
Answer: (b) 25 lakh
Question 5.
How many goods are reserved for small business :
(a) 800
(b) 700
(c) 900
(d) 500.
Answer
Answer: (a) 800
Question 6.
Which is not the characteristics of small business:
(a) Unlimited work scope
(b) Free management
(c) Priority of workers
(d) Limited investment.
Answer
Answer: (a) Unlimited work scope
Question 7.
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.
Answer
Answer: (a) Use of foreign technique in production
Question 8.
In India small business units have……. position :
(a) 3rd
(b) 2nd
(c) 4th
(d) 1st
Answer
Answer: (b) 2nd
Question 9.
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
Answer
Answer: (d) Number of educated people in the business
Question 10.
NABARD was established in the year:
(a) 1982
(b) 1985
(c) 1984
(d) 1986.
Answer
Answer: (a) 1982
Fill in the blanks
1. For establishing of small scale Industries ….. is needed.
Answer
Answer: Finance
2. By cottage industries we can stop …… to leave die village.
Answer
Answer: Rural public
3. For establishment of small and cottage industries government help …….
Answer
Answer: Financially.
4. First Industrial area established in 1956 in ……..
Answer
Answer: Okhal
5. Problem of rural employment can be solved by development of ……..
Answer
Answer: Small scale industries
6. In small scale industries there are …….. chances in employment then large Scale Industries.
Answer
Answer: More.
7. Cottage industries are directley related with …… area.
Answer
Answer: Rural
8. By small scale industries we can increase …….. development.
Answer
Answer: Economic
9. District Industrial center established on ……….
Answer
Answer: 1978
10. ………. is a base of Indian small scale industry.
Answer
Answer: Mixed economy
True or False
1. Small scale industries are smaller than cottage industries.
Answer
Answer: False
2. For establishment of small scale industries we need huge amount of capital.
Answer
Answer: False
3. Government step up for establishing small and cottage industries.
Answer
Answer: True
4. National small scale industries corporation is established in 1955.
Answer
Answer: True
5. Small scale industries are not able to produce foreign exchange.
Answer
Answer: False
6. Small scale industries are mainly established in village.
Answer
Answer: False
7. For establishing cottage industries govt, do not provide any aid.
Answer
Answer: False
8. Small scale industries are helpful in improving personal skill.
Answer
Answer: True
9. There are more flexibility in small scale industries.
Answer
Answer: True
10. The series of small scale, medium scale is determined on the basis of invested capital.
Answer
Answer: False
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