Here you will find NCERT MCQ Questions for Class 11 Business Studies with Answers PDF Free Download based on the important concepts and topics given in the textbook as per CBSE new exam pattern. This may assist you to understand and check your knowledge about the chapters. Students also can take a free test of the Multiple Choice Questions of Class 11 Business Studies. Each question has four options followed by the right answer. These MCQ Questions are selected supported by the newest exam pattern as announced by CBSE.
Q.1 ISO 9000 is concerned with
(a) Export
(b) Quantity
(c) Quality
(d) Import
(c) Quality
Q.2 Which of the following comes under the Modern Small Industries?
(a) Coir
(b) Powerlooms
(c) Handicrafts
(d) Khadi
(b) Powerlooms
Q.3 Small industries contribute _ of gross industrial value.
(a) 49 percent
(b) 45 percent
(c) 48 percent
(d) 40 percent
(d) 40 percent
Q.4 Expand EOUs
(a) Essential Operating units
(b) Export Order Units
(c) Export Oriented units
(d) Essential order units
(c) Export Oriented units
Q.5 Which of the following is organised by individuals?
(a) Cottage Industries
(b) Railway industry
(c) None of these
(d) Chemical industry
(a) Cottage Industries
Q.6 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) City Industry
(b) Town Industry
(c) Village Industry
(d) District Industry
(c) Village Industry
Q.7 The small scale industry can enjoy the status of ___________unit if it exports more than 50% of its production.
(a) Import oriented units
(b) Export Oriented units
(c) Small scale unit
(d) Domestic unit
(b) Export Oriented units
Q.8 NSIC was setup in
(a) 1982
(b) 1975
(c) 1965
(d) 1955
(d) 1955
Q.9 ___________are also known as Rural industries or Traditional industries
(a) Agricultural industry
(b) Food industry
(c) Cottage Industries
(d) None of the above
(c) Cottage Industries
Q.10 Small scale industries owned and managed by women entrepreneurs have a share capital of not less than ____________
(a) 20 percent
(b) 51 percent
(c) 25 percent
(d) 50 percent
(b) 51 percent
Q.11 Expand DIC
(a) Directorate of Industry corporation
(b) Directorate of Indian Corporation
(c) District Industries Centers
(d) None of the above
(c) District Industries Centers
Q.12 Which of the following is part of the small-scale sector?
(a) Paper Products and Printing
(b) Food Products
(c) Cotton Textiles
(d) All of the above
(d) All of the above
Q.13 Exemption from paying taxes for 5 ot 10 years is known as ____________
(a) Tax Deduction
(b) TDS
(c) Value Added Tax
(d) Tax Holiday
(d) Tax Holiday
Q.14 Which of the following is part of Village and Small Industries Sector?
(a) Handicrafts
(b) Sericulture
(c) Handlooms
(d) All of these
(d) All of these
Q.15 In India, the Village and Small Industries. Sector consists of both traditional and modern small industries. This sector has ___________sub groups.
(a) Eleven
(b) Five
(c) Ten
(d) Eight
(d) Eight
Q.16 Limit of investment in small scale industry is ____________
(a) one crore
(b) two crore
(c) five crore
(d) Ten crore
(a) one crore
Q.17 __________ is defined as one in which the investment in fixed assets of plant and machinery does not exceed rupees one crore.
(a) Small Scale Industry
(b) Limited Companies
(c) Large Scale industry
(d) None of the above
(a) Small Scale Industry
Q.18 Micro enterprises are those whose investment in plant and machinery does not exceed rupees____________
(a) 5 Lakh
(b) 3 Lakh
(c) 1 Lakh
(d) 2 Lakh
(c) 1 Lakh
Q.19 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) Village industries
(b) Micro Business industry
(c) Export oriented unit
(d) Ancillary small industry
(d) Ancillary small industry
Q.20 Expand KVIC
(a) Khadi and Village Industries Commission
(b) Khadi and Village industries core
(c) King of Village Industries Commission
(d) King of Village Investment culture
(a) Khadi and Village Industries Commission
Q.21 Expand SIDBI
(a) Society Industrial development bank of India
(b) Small Industries development bank of India
(c) Super Industrial development bank of India
(d) Small Indian Development bank of India
(b) Small Industries development bank of India
Class 11 Business Studies MCQs Multiple Choice Questions with Answers
Chapter 1: Nature and Purpose of Business Class 11 MCQ Questions
Chapter 2: Forms of Business Organisation Class 11 MCQ Questions
Chapter 3: Private, Public and Global Enterprises Class 11 MCQ Questions
Chapter 4: Business Services Class 11 MCQ Questions
Chapter 5: Emerging Modes of Business Class 11 MCQ Questions
Chapter 6: Social Responsibilities of Business and Business Ethics Class 11 MCQ Questions
Chapter 7: Formation of a Company Class 11 MCQ Questions
Chapter 8: Sources of Business Finance Class 11 MCQ Questions
Chapter 9: Small Business Class 11 MCQ Questions
Chapter 10: Internal Trade Class 11 MCQ Questions
Chapter 11: International Business 1 Class 11 MCQ Questions
Chapter 12: International Business 2 Class 11 MCQ Questions
Practicing NCERT Business Studies MCQs With Answers Pdf Class 11 is one of the best ways to prepare for the CBSE Class 11 board exam. There is no substitute for consistent practice whether one wants to understand a concept thoroughly or one wants to score better. If you have any queries regarding The CBSE Class 11 Business Studies MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.