Class 11 Small Business CBSE Questions & Answers

Class 11 · Small Business

This is Business Studies class 11 Small Business CBSE Questions & Answers. There are 15 questions in this test with each question having around four answer choices.

Questions & Answers

1
The Small Industries Development Organisation (SIDO) is also known as ____
  • A
    Office of the Development Commissioner
    Correct
  • B
    Organisation under development
  • C
    None of these
  • D
    Organisation of Smal Scale industries
2
Expand DIC
  • A
    Directorate of Industry corporation
  • B
    None of these
  • C
    Directorate of Indian Corporation
  • D
    District Industries Centers
    Correct
3
Expand KVIC
  • A
    Khadi and Village Industries Commission
    Correct
  • B
    King of Village Industries Commission
  • C
    King of Village Investment culture
  • D
    Khadi and Village industires core
4
Small industries contribute _______ of gross industrial value
  • A
    49 percent
  • B
    40 percent
    Correct
  • C
    45 percent
  • D
    48 percent
5
Which of the following is part of small scale sector?
  • A
    All of these
    Correct
  • B
    Paper Products and Printing
  • C
    Cotton Textiles
  • D
    Food Products
6
Which of the following is a main problem for small business?
  • A
    Finance
  • B
    Managerial skill
  • C
    All of these
    Correct
  • D
    Raw material
7
ISO 9000 is concerned with
  • A
    Quality
    Correct
  • B
    Export
  • C
    Import
  • D
    Quantity
8
Expand NABARD
  • A
    National bank for agriculture and rural development
    Correct
  • B
    National bank for research and development
  • C
    Nationa bank for advance and rapid development
  • D
    National Agricultural bank and rapid development
9
Expand RSBDC
  • A
    None of these
  • B
    Rural Small Business Development Centre
    Correct
  • C
    Rashtriya Small bank development corporation
  • D
    Rural small bank development corporation
10
NABARD was setup in __________
  • A
    1991
  • B
    1982
    Correct
  • C
    1975
  • D
    1987
11
Expand NSIC
  • A
    None of these
  • B
    National small business industries center
  • C
    National small industries corporation
    Correct
  • D
    National small Indian corporation
12
NSIC was setup in
  • A
    1955
    Correct
  • B
    1982
  • C
    1975
  • D
    1965
13
Expand SIDBI
  • A
    Society Industrial development bank of India
  • B
    Super Industrial development bank of India
  • C
    Small industries development bank of India
    Correct
  • D
    Small Indian Development bank of India
14
The District Industries Centers Programme was launched on
  • A
    On 15 August 1978
  • B
    On July 1, 1978
  • C
    On May 1, 1978
    Correct
  • D
    On September 1, 1978
15
Exemption from paying taxes for 5 ot 10 years is known as _________
  • A
    Tax Holiday
    Correct
  • B
    Tax Deduction
  • C
    Value Added Tax
  • D
    TDS