Questions

M.C.Q (1 Marks)

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29 questions · timed · auto-graded

MCQ 11 Mark
In India, industries are classified on the basis of investment in plant and machinery. Amount of fixed capital investment in a village industry per head artisan cannot exceed is:
  • A
    ₹ 10,000
  • B
    ₹ 25,000
  • C
    ₹ 1,00,000
  • ₹ 50,000
Answer
Correct option: D.
₹ 50,000
₹ 50,000
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MCQ 21 Mark
Scheme of Fund for Regeneration of Traditional Industries (SFURTI) was started in 2005. This scheme is being implemented in collaboration with State Government by:
  • A
    Ministry of MSME
  • Ministry of Agro and Rural Industries.
  • C
    NABARD
  • D
    NSIC
Answer
Correct option: B.
Ministry of Agro and Rural Industries.
Ministry of Agro and Rural Industries.
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MCQ 31 Mark
In India, it is often seen that due to lack of ........ small business have to operate at below full capacity.
  • A
    Technical skills.
  • B
    Managerial skills.
  • C
    Research and development.
  • Marketing skills.
Answer
Correct option: D.
Marketing skills.
Marketing skills.
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MCQ 41 Mark
There are many programmes for the welfare of women in India. Which of the following is a Dal programme to encourage women to establish o entrepreneurial ventures?
  • A
    WASMEES
  • RWED
  • C
    SFURTI
  • D
    IRDP
Answer
Correct option: B.
RWED
RWED
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MCQ 51 Mark
Government departments and institutions like Ministry of MSME, NABARD working in India for small business. Which is a non-government organisation for MSME working at international level and is based in India?
  • A
    RIICO
  • B
    WHO
  • WASME
  • D
    SIDBI
Answer
Correct option: C.
WASME
WASME
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MCQ 61 Mark
Out of various small businesses, which type of industry produces goods and services in a household premises using family labour?
  • A
    Ancillary industries.
  • B
    Tiny industrial units.
  • C
    Medium industries.
  • Traditional industries.
Answer
Correct option: D.
Traditional industries.
Traditional industries.
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MCQ 71 Mark
Trade secret is the information that:
Confers economic benefits.
Is generally known to public.
Is subject to reasonable efforts by the holder to maintain its secrecy.
  • A
    Both $I$ and $II$
  • Both $II$ and $III$
  • C
    Both $I$ and $III$
  • D
    $I, II$ and $III$
Answer
Correct option: B.
Both $II$ and $III$
Both $II$ and $III$
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MCQ 81 Mark
Small scale industries in India generate more ...... per unit of capital employed as compared to large industries.
  • A
    Output.
  • B
    Taxes.
  • Jobs.
  • D
    Demand.
Answer
Correct option: C.
Jobs.
Jobs.
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MCQ 91 Mark
M/s ABS is a small enterprise engaged in the production of springs. It supplies its entire output to tractor manufacturers. M/s ABS can be classified as a
  • Ancillary industry.
  • B
    Tiny industry.
  • C
    Secondary industry.
  • D
    Traditional industry.
Answer
Correct option: A.
Ancillary industry.
Ancillary industry.
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MCQ 101 Mark
In India, the need of entrepreneurship development arises due to:
  • A
    Employment requirements.
  • B
    Capital formation.
  • C
    Develop backward areas loodud.
  • All of the above.
Answer
Correct option: D.
All of the above.
All of the above.
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MCQ 111 Mark
When start-ups need fund in initial stage, strength of IPRs of enterprise attract the:
  • A
    Initial customers.
  • B
    Initial suppliers.
  • Initial investors.
  • D
    Initial competitors.
Answer
Correct option: C.
Initial investors.
Initial investors.
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MCQ 121 Mark
......... is an exclusive right granted in respect of an invention which may be product or process that provides a new and inventive way of doing something or offers a new and inventive technical solution to a problem.
  • Patent.
  • B
    Procedure.
  • C
    Copyright.
  • D
    Trade secret.
Answer
Correct option: A.
Patent.
Patent.
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MCQ 131 Mark
What is the main purpose of entrepreneurship development?
  • A
    To increase foreign trade.
  • To increase number of entrepreneurs.
  • C
    To increase GDP.
  • D
    To increase literacy.
Answer
Correct option: B.
To increase number of entrepreneurs.
To increase number of entrepreneurs.
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MCQ 141 Mark
Out of the many government agencies and corporations working for the promotion and welfare of small business, ...... is at the bottom of hierarchy and implements government policies at ground level.
  • A
    Ministry of Agro and Rural Industries.
  • B
    District Directorate of Industries.
  • C
    State Governments.
  • District Industries Centres.
Answer
Correct option: D.
District Industries Centres.
District Industries Centres.
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MCQ 151 Mark
Prime Minister Rojgar Yojana provides ....... to youth to establish their business if their family income is less than 1,00,000.
  • A
    Land and building.
  • B
    Soft skills.
  • Subsidised loans.
  • D
    Subsidised power.
Answer
Correct option: C.
Subsidised loans.
Subsidised loans.
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MCQ 161 Mark
.......... refers to a money pool created by high networth individuals or companies for investing in business start-ups.
  • A
    Equity.
  • B
    Stock sales.
  • C
    Debt.
  • Angel fund.
Answer
Correct option: D.
Angel fund.
Angel fund.
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MCQ 171 Mark
Lack of marketing skills is the basic problem faced by small businesses. Marketing man assistance is being forwarded to small enterprises by Ministry of MSME through.
  • A
    KVIC
  • B
    RSBDC
  • C
    SIDBI
  • NSIC
Answer
Correct option: D.
NSIC
NSIC
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MCQ 181 Mark
Governments at various levels are providing assistance to small businesses by various means. By helping small industries, government aims at:
  • A
    Prevention of migration.
  • B
    Poverty alleviation.
  • C
    Employment to artisans.
  • All of these.
Answer
Correct option: D.
All of these.
All of these.
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MCQ 191 Mark
Ministry of Agro and Rural Industries implements its various schemes through:
  • A
    NSIC
  • B
    NABARD
  • C
    ESIC
  • KVIC
Answer
Correct option: D.
KVIC
KVIC
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MCQ 201 Mark
Government has various departments and programmes for the welfare of small businesses in organised sector. For the development of unorganised sector, government constituted.
  • NCEUS
  • B
    WASME
  • C
    DIC's programme.
  • D
    SFURTI
Answer
Correct option: A.
NCEUS
NCEUS
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MCQ 211 Mark
Due to strict requirements of quality certifications like ......, small industries have limited access to markets of developed countries.
  • A
    NSO 5000
  • B
    ISI 6500
  • ISO 9000
  • D
    ISO 900
Answer
Correct option: C.
ISO 9000
ISO 9000
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MCQ 221 Mark
Which of the following kinds of small industries provides employment to artisans?
  • A
    Micro business enterprises.
  • B
    Large industries.
  • C
    Ancillary industrial units.
  • Cottage industries.
Answer
Correct option: D.
Cottage industries.
Cottage industries.
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MCQ 231 Mark
........... is a process meant to develop entrepreneurial abilities among entrepreneurs.
  • A
    Employee development programme.
  • B
    Economic development programme.
  • Entrepreneurship development programme.
  • D
    None of these.
Answer
Correct option: C.
Entrepreneurship development programme.
Entrepreneurship development programme.
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MCQ 241 Mark
Small scale industries are best suited for ...... as they produce goods on simple and flexible technologies.
  • A
    Patented goods.
  • B
    Sophisticated goods.
  • Customised goods.
  • D
    High-tech gadgets.
Answer
Correct option: C.
Customised goods.
Customised goods.
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MCQ 251 Mark
A business centre that offers working space and specialised support for new start-ups is known as:
  • A
    Isolator.
  • B
    Injector.
  • Incubator.
  • D
    Integrator.
Answer
Correct option: C.
Incubator.
Incubator.
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MCQ 261 Mark
Start-up India scheme aims to make:
  • Young job creator.
  • B
    Young job seekers.
  • C
    Young professionals no 1915.
  • D
    Young skills labours.
Answer
Correct option: A.
Young job creator.
Young job creator.
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MCQ 271 Mark
Who is at the top of hierarchy in the administrative setup for the promotion and development of the small scale, agro and rural industries?
  • A
    SIDO
  • B
    NSIC
  • Ministry of MSME.
  • D
    Ministry of Industrial Affairs.
Answer
Correct option: C.
Ministry of MSME.
Ministry of MSME.
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MCQ 281 Mark
Some states supply power at a concessional rate to small scale industries while some states gives 100% exemption to small industries in electricity bills to small business in:
  • Initial years.
  • B
    First 5 years.
  • C
    First 10 years.
  • D
    Life times.
Answer
Correct option: A.
Initial years.
Initial years.
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MCQ 291 Mark
Business enterprises with an investment of ₹ 3.5 crore in plant and machinery would be classified as:
  • A
    Micro enterprises.
  • B
    Mini enterprises.
  • Small enterprises.
  • D
    Medium enterprises.
Answer
Correct option: C.
Small enterprises.
Small enterprises.
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M.C.Q (1 Marks) - Business Studies STD 11 Commerce Questions - Vidyadip