Business Studies/Business Studies-[Class 11-MCQS ]-Chapter 9 Small Business Sample Test,Sample questions

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 ___

1.Rs.25 Lakhs

2.Rs.30 Lakhs

3. Rs.10 Lakhs

4.Rs.15 Lakhs

A tiny unit is defined as an industrial or business enterprise whose investment in plant and machinery is not more than ________

1. Rs. 25 Lakhs

2.Rs.30 Lakhs

3.Rs.35 Lakhs

4.Rs.50 Lakhs

Any industry located in a rural area which produces any goods, renders any service with or without the use of power is known as ______

1.City Industry

2.Town Industry

3. Village Industry

4.District Industry

In India, the ?Village and Small Industries? Sector consists of both traditional and modern small industries. This sector has ___________subgroups.





Expand EOUs

1.Essential Operating units

2.Export Order Units

3.Export Oriented units

4.Essential order units

Limit of investment in small scale industry is ______ crore

2. two crore

3.five crore

4.Ten crore

Micro enterprises are those whose investment in plant and machinery does not exceed rupees___

1.5 Lakh

2. 3 Lakh

3.1 Lakh

4.2 Lakh

Small scale industries owned and managed by women entrepreneurs have share capital of not less than __________

1. 25 percent

2.50 percent

3. 51 percent

4. 20 percent

The small scale industry can enjoy the status of _______ unit if it exports more than 50% of its production.

1.Domestic unit

2.Export Oriented units

3. Small scale unit

4. Import oriented units

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.

1. Village industries

2.Micro Business industry

3.Export oriented unit

4.Ancillary small industry

Which of the following comes under the Modern Small Industries?





Which of the following is organised by individuals?

1. Cottage Industries

2.Railway industry

3.None of these

4.Chemical industry

Which of the following is part of ?Village and Small Industries Sector?




4.All of these

___ is defined as one in which the investment in fixed assets of plant and machinery does not exceed rupees one crore.

1.Limited Companies

2.None of these

3.Small Scale Industry

4.Large Scale industry

_____ are also known as Rural industries or Traditional industries

1.Food industry

2. Cottage Industries

3.None of these

4.Agricultural industry


  1. Business Studies-[Class 11-MCQ ]-Chapter 1- Nature and Purpose of Business
  2. Business Studies-[Class 11-MCQS ]-Chapter 2 Forms of Business Organisation
  3. Business Studies-[Class 11-MCQS ]-Chapter 3 Private, Public and Global Enterprises
  4. Business Studies-[Class 11-MCQS ]-Chapter 4 Business Services
  5. Business Studies-[Class 11-MCQS ]-Chapter 5 Emerging Modes of Business
  6. Business Studies-[Class 11-MCQS ]-Chapter 6 Social Responsibilities of Business
  7. Business Studies-[Class 11-MCQS ]-Chapter 7 Formation of a Company
  8. Business Studies-[Class 11-MCQS ]-Chapter 8 Sources of Business Finance
  9. Business Studies-[Class 11-MCQS ]-Chapter 9 Small Business
  10. Business Studies-[Class 11-MCQS ]-Chapter 10 Internal Trade
  11. Business Studies-[Class 11-MCQS ]-Chapter 11 International Business
  12. Business Studies-[Class 11-MCQS ]-Chapter 12 International Business
  13. Business Studies-[Class 12-MCQS ]-Chapter 1 Nature and Significance of Management
  14. Business Studies-[Class 12-MCQS ]-Chapter 2 Principles of Management
  15. Business Studies-[Class 12-MCQS ]-Chapter 3 Business Environment
  16. Business Studies-[Class 12-MCQS ]-Chapter 4 Planning
  17. Business Studies-[Class 12-MCQS ]-Chapter 5 Organising
  18. Business Studies-[Class 12-MCQS ]-Chapter 6 Staffing
  19. Business Studies-[Class 12-MCQS ]-Chapter 7 Directing
  20. Business Studies-[Class 12-MCQS ]-Chapter 9 Financial Management
  21. Business Studies-[Class 12-MCQS ]-Chapter 10 Financial Market
  22. Business Studies-[Class 12-MCQS ]-Chapter 11 Marketing
  23. Business Studies-[Class 12-MCQS ]-Chapter 12 Consumer Protection
  24. Financial Accounting MCQ Part – 2
  25. Financial Accounting MCQ Part – 3
  26. Business Economics MCQ Part 2
  27. Business Economics MCQ Questions and Answers Part – 3
  28. Corporate Finance MCQ Set 1
  29. Corporate Finance MCQ Set 2
  30. Direct Tax MCQ Set 2
  31. Business Information Systems MCQ Set 1
  32. Business Information Systems MCQ set 2
  33. Business Information Systems MCQ set 3
  34. Business Law MCQ Set 1
  35. Business Law MCQ Set 2
  36. Business Law Set 3
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