NCERT Class 11 Business Studies MCQ : Small Business

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  • Post last modified:November 23, 2023
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Small Business
Small Business

NCERT Class 11 Business Studies MCQ : Small Business

Embark on an entrepreneurial journey through our MCQs page dedicated to ‘Small Business.’ Curated from a diverse array of previous year papers, including esteemed sectors like UPSC IAS and more, this resource invites you to explore the nuances and challenges faced by small enterprises that form the backbone of economies worldwide.

These Multiple Choice Questions are meticulously crafted to challenge and enhance your understanding of small business dynamics, covering topics such as entrepreneurship, management strategies, and the economic significance of small-scale ventures. Whether you’re an aspiring entrepreneur or preparing for competitive exams, these questions offer a strategic approach to mastering the intricacies of this crucial aspect of business development.

Prepare confidently for exams with questions sourced from various sectors, ensuring a well-rounded grasp of the nuanced applications of small business principles in diverse industries. Each MCQ serves as a key to unlocking insights into the diverse aspects of entrepreneurship, financial management, and the unique challenges faced by small enterprises, mirroring the depth of knowledge required for success in competitive examinations.

Immerse yourself in the entrepreneurial complexities of ‘Small Business,’ confident in your ability to navigate through MCQs that mirror the intricacies of this vital business discipline. Our resource, drawn from previous year papers, acts as a roadmap for exam success, offering both knowledge enrichment and strategic insights

NCERT Class 11 Business Studies : Small Business MCQ – NCERT Class 11 MCQ

Question:
Expand EOUs
  • A
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Question:
Which of the following is organised by individuals?
  • A
  • B
  • C
  • D
Question:
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
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  • D
Question:
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
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  • D
Question:
The small scale industry can enjoy the status of _______ unit if it exports more than 50% of its production.
  • A
  • B
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  • D
Question:
____ is defined as one in which the investment in fixed assets of plant and machinery does not exceed rupees one crore.
  • A
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  • D
Question:
Which of the following is part of ?Village and Small Industries Sector??
  • A
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Question:
In India, the ?Village and Small Industries? Sector consists of both traditional and modern small industries. This sector has ___________subgroups.
  • A
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Question:
Limit of investment in small scale industry is _________
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Question:
_______ are also known as Rural industries or Traditional industries
  • A
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  • D
Question:
Micro enterprises are those whose investment in plant and machinery does not exceed rupees___
  • A
  • B
  • C
  • D
Question:
Small scale industries owned and managed by women entrepreneurs have share capital of not less than __________
  • A
  • B
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  • D
Question:
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
  • B
  • C
  • D
Question:
Which of the following comes under the Modern Small Industries?
  • A
  • B
  • C
  • D
Question:
A tiny unit is defined as an industrial or business enterprise whose investment in plant and machinery is not more than ___________
  • A
  • B
  • C
  • D

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