Test: Small Business - 2


20 Questions MCQ Test Business Studies (BST) Class 11 | Test: Small Business - 2


Description
This mock test of Test: Small Business - 2 for Commerce helps you for every Commerce entrance exam. This contains 20 Multiple Choice Questions for Commerce Test: Small Business - 2 (mcq) to study with solutions a complete question bank. The solved questions answers in this Test: Small Business - 2 quiz give you a good mix of easy questions and tough questions. Commerce students definitely take this Test: Small Business - 2 exercise for a better result in the exam. You can find other Test: Small Business - 2 extra questions, long questions & short questions for Commerce on EduRev as well by searching above.
QUESTION: 1

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

Solution:
QUESTION: 2

________ are also known as Rural industries or Traditional industries

Solution:
QUESTION: 3

Which of the following is organised by individuals?

Solution:
QUESTION: 4

Limit of investment in small scale industry is _________

Solution:

Small scale industries are those industries in which the manufacturing, production and rendering of services are done on a small or micro scale. These industries make a one-time investment in machinery, plants, and industries, but it does not exceed Rs 1 Crore.

QUESTION: 5

Expand EOUs

Solution:

The Export Oriented Units (EOUs) scheme, introduced in early 1981, is complementary to the SEZ scheme. It adopts the same production regime but offers a wide option in locations with reference to factors like source of raw materials, ports of export, hinterland facilities, availability of technological skills, existence of an industrial base and the need for a larger area of land for the project. As on 31st December 2005, 1924 units are in operation under the EOU scheme.

QUESTION: 6

The Small Industries Development Organisation (SIDO) is also known as ____

Solution:

The Small Industries Development Organisation (SIDO), also known as the Office of the Development Commissioner which is attached to this ministry is responsible for implementing and monitoring of various policies and programmes formulated.

QUESTION: 7

Expand DIC

Solution:
QUESTION: 8

Expand KVIC

Solution:
QUESTION: 9

Small industries contribute _______ of gross industrial value

Solution:
QUESTION: 10

Which of the following is part of small scale sector?

Solution:

Small scale industries are those industries in which the manufacturing, production and rendering of services are done on a small or micro scale. These industries make a one-time investment in machinery, plants, and industries, but it does not exceed Rs 1 Crore. Paper Products and Printing, Food Products, Cotton Textiles all are part of small scale indudtries.

QUESTION: 11

Which of the following is a main problem for small business?

Solution:
QUESTION: 12

ISO 9000 is concerned with

Solution:
QUESTION: 13

Expand NABARD

Solution:
QUESTION: 14

Expand RSBDC

Solution:
QUESTION: 15

NABARD was setup in __________

Solution:
QUESTION: 16

Expand NSIC

Solution:
QUESTION: 17

NSIC was setup in

Solution:
QUESTION: 18

Expand SIDBI

Solution:
QUESTION: 19

The District Industries Centers Programme was launched on

Solution:
QUESTION: 20

Exemption from paying taxes for 5 ot 10 years is known as _________

Solution:

Related tests