MCQ Questions

MCQ Questions for Class 11 Business Studies Chapter 11 International Business 1 with Answers

by

Check the below NCERT MCQ Questions for Class 11 Business Studies Chapter 11 International Business 1 with Answers Pdf free download. MCQ Questions for Class 11 Business Studies with Answers were prepared based on the latest exam pattern. We have provided International Business 1 Class 11 Business Studies MCQs Questions with Answers to help students understand the concept very well. https://mcqquestions.guru/mcq-questions-for-class-11-business-studies-chapter-11/

International Business 1 Class 11 MCQs Questions with Answers

International Business Class 11 MCQ Chapter 11 Question 1.
Which one of the following is not amongst India’s major trading partners?
(a) USA
(b) UK
(c) Germany
(d) New Zealand

Answer

Answer: (d) New Zealand

International Trade Class 11 MCQ Chapter 11 Question 2.
Which one of the following is not amongst India’s major export items?
(a) Textiles and garments
(b) Gems and jewellery
(c) Oil and petroleum products
(d) Basmati rice

Answer

Answer: (c) Oil and petroleum products

MCQ Questions For Class 11 Business Studies Chapter 11 Question 3.
Which one of the following modes of entry permits greatest degree of control over overseas operations?
(a) Licensing/franchising
(b) Wholly owned subsidiary
(c) Contract manufacturing
(d) Joint venture

Answer

Answer: (b) Wholly owned subsidiary

International Business MCQ Class 11 Chapter 11 Question 4.
Which of the following is not an advantage of exporting?
(a) Easier way to enter into international markets
(b) Comparatively lower risks
(c) Limited presence in foreign markets
(d) Less investment requirements

Answer

Answer: (c) Limited presence in foreign markets

MCQ On International Business Class 11 Chapter 11 Question 5.
Outsourcing a part of or entire production and concentrating on marketing operations in international business is known as
(a) Licensing
(b) Franchising
(c) Contract manufacturing
(d) Joint venture

Answer

Answer: (c) Contract manufacturing

Question 6.
The OECD stands for:
(a) Organization for Economic Co-operation and Development
(b) Organization for Economic Coordination and Development
(c) Organization for Environmental Cooperation and Development.
(d) Organization for Environmental Control and Development

Answer

Answer: (a) Organization for Economic Co-operation and Development

Question 7.
_______ is the first step in the internationalization process.
(a) License
(b) Foreign Investment
(c) Sales
(d) Export

Answer

Answer: (a) License

Question 8.
The main promoter of trade liberalization was
(a) GATT
(b) NAFTA
(c) CEPTA
(d) CISA

Answer

Answer: (a) GATT

Question 9.
NAFTA stands for
(a) North African trade association
(b) North American free trade agreement
(c) Northern Atlantic trade agreement
(d) Northern association for trade

Answer

Answer: (b) North American free trade agreement

Question 10.
The WTO was established to implement the final act of Uruguay Round agreement of ……
(a) MFA
(b) GATT
(c) TRIP’s
(d) UNO

Answer

Answer: (b) GATT

Question 11.
The —————- company produces, markets, invests and operates across the world
(a) Global
(b) International
(c) Transnational
(d) Multinational

Answer

Answer: (c) Transnational

Question 12.
Select example of Indian Multinational Company
(a) Hindusthan Unilever
(b) Videocon
(c) Cargill
(d) Tesco

Answer

Answer: (b) Videocon

Question 13.
…….is the payment method most often used in International Trade which offers the exporter best assurance of being paid for the products sold internationally.
(a) Bill of Lading
(b) Letter of Credit
(c) Open Account
(d) Drafts

Answer

Answer: (b) Letter of Credit

Question 14.
Which of the following is not a force in the Porter Five Forces model?
(a) Buyers
(b) Suppliers
(c) Complementary products
(d) Industry rivalry

Answer

Answer: (c) Complementary products

Question 15.
Which is not an Indian Multinational Company?
(a) Unilever
(b) Asian Paints
(c) Piramal
(d) Wipro

Answer

Answer: (a) Unilever

Question 16.
……………is the application of knowledge which redefines the boundaries of global business
(a) Cultural Values
(b) Society
(c) Technology
(d) Economy

Answer

Answer: (c) Technology

Question 17.
The Theory of Relative Factor Endowments is given by
(a) David Ricardo
(b) Adam Smith
(c) F W Taussig
(d) Ohlin and Hecksher

Answer

Answer: (d) Ohlin and Hecksher

Question 18.
According to this theory, the holdings of a country’s treasure primarily in the form of gold constituted its wealth.
(a) Gold Theory
(b) Ricardo Theory
(c) Mercantilism
(d) Hecksher Theory

Answer

Answer: (c) Mercantilism

Question 19.
Which is the right sequence of stages of Internationalization
(a) Domestic, Transnational, Global, International, Multinational
(b) Domestic, International, Multinational, Global, Transnational
(c) Domestic, Multinational, International, Transnational, Global
(d) Domestic, International, Transnational, Multinational, Global

Answer

Answer: (b) Domestic, International, Multinational, Global, Transnational

Question 20.
IBRD (International Bank for Reconstruction and Development) also known as
(a) Exim Bank
(b) World Bank
(c) International Monetary fund
(d) International Bank

Answer

Answer: (b) World Bank

Question 21.
Which one of the following is not amongst India’s major import items?
(a) Ayurvedic medicines
(b) Oil and petroleum products
(c) Pearls and precious stones
(d) Machinery

Answer

Answer: (b) Oil and petroleum products

Question 22.
Which one of the following modes of entry brings the firm closer to international markets?
(a) Licensing
(b) Franchising
(c) Contract manufacturing
(d) Joint venture

Answer

Answer: (d) Joint venture

Question 23.
Which one of the following modes of entry requires higher level of risks?
(a) Licensing
(b) Franchising
(c) Contract manufacturing
(d) Joint venture

Answer

Answer: (d) Joint venture

Question 24.
When two or more firms come together to create a new business entity that is legally separate and distinct from its parents it is known as
(a) Contract manufacturing
(b) Franchising
(c) Joint ventures
(d) Licensing

Answer

Answer: (c) Joint ventures

Question 25.
In which of the following modes of entry, does the domestic manufacturer give the right to use intellectual property such as patent and trademark to a manufacturer in a foreign country for a fee
(a) Licensing
(b) Contract manufacturing
(c) Joint venture
(d) None of these

Answer

Answer: (a) Licensing

One Mark Questions

1. What is International Business?

Answer

Answer: International Business is a business activities take place across the geographical boundaries.

2. State any one type of international business.

Answer

Answer: Direct Investment.

3. State any one mode of entry into international business.

Answer

Answer: Franchising.

4. State any one reason for international business.

Answer

Answer: Change in fashion and technology

5. What is Export business?

Answer

Answer: An export is a function of international trade whereby goods produced in one country are shipped to another country for future sale or trade.

We hope the given NCERT MCQ Questions for Class 11 Business Studies Chapter 11 International Business 1 with Answers Pdf free download will help you. If you have any queries regarding International Business 1 CBSE Class 11 Business Studies MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

MCQ Questions for Class 11 Economics Chapter 1 Introduction to Micro Economics with Answers

by

Check the below NCERT MCQ Questions for Class 11 Economics Chapter 1 Introduction to Micro Economics with Answers Pdf free download. MCQ Questions for Class 11 Economics with Answers were prepared based on the latest exam pattern. We have provided Introduction to Micro Economics Class 11 Economics MCQs Questions with Answers to help students understand the concept very well. https://mcqquestions.guru/mcq-questions-for-class-11-economics-chapter-1/

Introduction to Micro Economics Class 11 MCQs Questions with Answers

Class 11 Economics Chapter 1 MCQ Question 1.
Which Economist divided Economics in two branches of micro and macro on the basis of economic activity?
(a) Marshall
(b) Ricardo
(c) Ragnar Frish
(d) None of these

Answer

Answer: (d) None of these

MCQ Questions For Class 11 Economics Chapter 1 Question 2.
Which of the following is studied under Micro Economics ?
(a) Individual unit
(b) Economic Aggregate
(c) National Income
(d) None of these

Answer

Answer: (d) None of these

Economics Class 11 MCQ Chapter 1 Question 3.
Which of the following economic activities are included in the subject-matter of Economics?
(a) Economic Activities related to Unlimited Wants
(b) Economic Activities related to Limited Resources
(c) Both (a) and (b)
(d) None of these

Answer

Answer: (c) Both (a) and (b)

Class 11 Economics MCQ Chapter 1 Question 4.
On which base structure of economic problems has been installed?
(a) Unlimited Wants
(b) Limited Resources
(c) Both (a) and (b)
(d) None of the above

Answer

Answer: (c) Both (a) and (b)

MCQ Questions For Class 11 Microeconomics Chapter 1 Question 5.
‘Micros’, which means ‘Small’ belongs to:
(a) Arabian word
(b) Greek word
(c) German word
(d) English word

Answer

Answer: (b) Greek word

Introduction To Microeconomics Class 11 MCQ Question 6.
Which of the following statement is true?
(a) Human wants are infinite
(b) Resources are limited
(c) Scarcity problem gives birth to choice .
(d) All of these

Answer

Answer: (c) Scarcity problem gives birth to choice

Class 11 Microeconomics Chapter 1 MCQ Question 7.
Which of the following is the salient feature of factors (or resources) ?
(a) These are limited as compared to wants
(b) These have alternative uses
(c) Both (a) and (b)
(d) None of the above

Answer

Answer: (c) Both (a) and (b)

Economics Class 11 Chapter 1 MCQ Question 8.
Which is a central problem of an economy ?
(a) Allocation of Resources
(b) Optimum Utilisation of Resources
(c) Economic Development
(d) All of these

Answer

Answer: (d) All of these

Class 11 Microeconomics Chapter 1 MCQ Questions Question 9.
Which of the following Is a type of economic activities ?
(a) Production
(b) Consumption
(c) Exchange and Investment
(d) All of these

Answer

Answer: (d) All of these

Economics MCQ Class 11 Chapter 1 Question 10.
To which factor, economic problem is basically related to:
(a) Choice
(b) Consumer’s Selection
(c) Firm Selection
(d) None of these

Answer

Answer: (a) Choice

Ch 1 Microeconomics Class 11 MCQ Question 11.
Economy may be classified as:
(a) Capitalist
(b) Socialist
(c) Mixed
(d) All of these

Answer

Answer: (d) All of these

Economics Class 11 Chapter 1 MCQ Questions Question 12.
Which economy has a co-existence of private and public sectors ?
(a) Capitalist
(b) Socialist
(c) Mixed
(d) None of these

Answer

Answer: (c) Mixed

Microeconomics Class 11 MCQ Chapter 1 Question 13.
The main objective of a socialist economy is…….
(a) Maximum production
(b) Economic freedom
(c) Earning profit
(d) Maximum public welfare

Answer

Answer: (d) Maximum public welfare

MCQ Of Economics Class 11 Chapter 1 Question 14.
In which economy decisions are taken on the basis of price mechanism ?
(a) Socialist
(b) Capitalist
(c) Mixed
(d) All of these

Answer

Answer: (b) Capitalist

Question 15.
The slope of a production possibility curve falls:
(a) From left to right
(b) From right to left
(c) From top to bottom
(d) From bottom to top

Answer

Answer: (c) From top to bottom

Microeconomics Class 11 Chapter 1 MCQ Question 16.
Production Possibility Curve is:
(a) Concave to the axis
(b) Convex to the axis
(c) Parallel to the axis
(d) Vertical to the axis

Answer

Answer: (a) Concave to the axis

Economics Chapter 1 Class 11 MCQ Question 17.
Mention the name of the curve which shows economic problem:
(a) Production Curve
(b) Demand Curve
(c) Indifference Curve
(d) Production Possibility Curve

Answer

Answer: (d) Production Possibility Curve

Chapter 1 Microeconomics Class 11 MCQ Question 18.
Which of the following is studied under Macro Economics ?
(a) National Income
(b) Full. Employment
(c) Total Production
(d) All of these

Answer

Answer: (d) All of these

Class 11 Economics Ch 1 MCQ Question 19.
Which of the following Is a branch of Micro Economics ?
(a) Product Price Determination
(b) Factor Price Determination
(c) Economic Welfare
(d) All of these

Answer

Answer: (d) All of these

MCQ Class 11 Economics Chapter 1 Question 20.
Which of the following is a source of production ?
(a) Land
(b) Labour
(c) Capital
(d) All of these

Answer

Answer: (d) All of these

Chapter 1 Economics Class 11 MCQ Question 21.
Who said, “Economics is a science of wealth.”
(a) Marshall
(b) Robbins
(c) Adam Smith
(d) J.K. Mehta

Answer

Answer: (c) Adam Smith

MCQ Economics Class 11 Chapter 1 Micro Economics Question 22.
“Economics is a science of logic.’’ Who said it ?
(a) Hicks
(b) Keynes
(c) Robbins
(d) Marshall

Answer

Answer: (c) Robbins

MCQ Of Economics Class 11 Chapter 1 Micro Economics Question 23.
Micro Economics includes:
(a) Individual unit
(b) Small units
(c) Individual price determination
(d) All of these

Answer

Answer: (d) All of these

Microeconomics Class 11 Chapter 1 MCQs Economics Question 24.
Who was the father of Economics ?
(a) I. B. Say
(b) Malthus
(c) Adam Smith
(d) Joan Robinson

Answer

Answer: (c) Adam Smith

Microeconomics Chapter 1 Class 11 MCQ Economics Question 25.
Who gave the definition of Economics related to welfare ?
(a) Adam Smith
(b) Marshall
(c) Robbins
(d) Samuelson

Answer

Answer: (b) Marshall

Question 26.
The word ‘micro’ was firstly used by:
(a) Marshall
(b) Boulding
(c) Keynes
(d) Ragnar Frish

Answer

Answer: (d) Ragnar Frish

Question 27.
According to whom, Economics is a science of human welfare ?
(a) A Marshall
(b) Paul Samuelson
(c) J. S. Mill
(d) Adam Smith

Answer

Answer: (a) A Marshall

Question 28.
Which of the following is not a factor of production ?
(a) Land
(b) Labour
(c) Money
(d) Capital

Answer

Answer: (c) Money

Question 29.
The central problem of an economy is:
(a) What to produce ?
(b) How to produce ?
(c) How to distribute produced goods ?
(d) All of these

Answer

Answer: (d) All of these

Question 30.
Consumer behaviour is studied in:
(a) Micro Economics
(b) Income Theory
(c) Mac o Economics
(d) None of these

Answer

Answer: (a) Micro Economics

Question 31.
Indian economy is:
(a) Centrally planned economy
(b) Market economy
(c) Mixed economy
(d) None of these.

Answer

Answer: (c) Mixed economy

Question 32.
Who used the word ‘micro’ for the first time:
(a) Marshall
(b) Boulding
(c) Keynes
(d) Ragnar Frisch

Answer

Answer: (d) Ragnar Frisch

Question 33.
Who said economics is the ‘Science of wealth:
(a) Prof. Robbins
(b) Prof. J.K. Mehta
(c) Prof. Marshall
(d) Prof. Adam Smith

Answer

Answer: (d) Prof. Adam Smith

Question 34.
What is the shape of production possibility curve:
(a) Concave to the origin
(b) Concave
(c) Straight line
(d) None of the above.

Answer

Answer: (a) Concave to the origin

Question 35.
The reason for downward shape of production possibility curve is:
(a) Increasing opportunity cost
(b) Decreasing opportunity cost
(c) Same opportunity cost
(d) Negative opportunity cost

Answer

Answer: (b) Decreasing opportunity cost

Question 36.
The point of optimum utilization of resources lies on which side of PPC curve:
(a) Towards left
(b) Towards right
(c) Inside
(d) Upwards

Answer

Answer: (d) Upwards

Fill in the blanks:

1. Every person has ………………… quantity of goods.

Answer

Answer: Few

2. ……………………economics is the study of individual economic units.

Answer

Answer: Micro-economics

3. Opportunity cost ………………….. in production list.

Answer

Answer: Changes

4. Micro and Macro-economics are ……………………… to each other.

Answer

Answer: Complement

5. Economic growth is related to ………………………… economics.

Answer

Answer: Macro

6. Economy is a group of ………………….. units.

Answer

Answer: Production

7. Mixed economy is composed of ………………………. and …………………………

Answer

Answer: Socialism, Capitalism

8. The goods and services which help in the production of other goods and services are ………………………. goods.

Answer

Answer: Intermediate

State true or false:

1. Production possibility curve is convex towards main point.

Answer

Answer: False

2. Central problem in the capitalist economy is solved by price mechanism.

Answer

Answer: True

3. An economy can be capitalist, socialist or opportunist.

Answer

Answer: False

4. Today all economics of the world are almost mixed economics.

Answer

Answer: True

5. Macro-economics is the study of the problems of unemployment, price inflation etc.

Answer

Answer: True

6. In socialism, the feeling of personal profit is prominent.

Answer

Answer: False

Match the following:

‘A’‘B’
1. The mechanism of micro-economics(a) Capitalist economy
2. Basic financial problem(b) All resources are efficiently used
3. No state inteference(c) Price analysis
4. No restrictions on trade(d) Limitation and election
5. Main assumptions of production possibility curve(e) Open economy.
Answer

Answer:

‘A’‘B’
1. The mechanism of micro-economics(c) Price analysis
2. Basic financial problem(d) Limitation and election
3. No state inteference(a) Capitalist economy
4. No restrictions on trade(e) Open economy.
5. Main assumptions of production possibility curve(b) All resources are efficiently used

We hope the given NCERT MCQ Questions for Class 11 Economics Chapter 1 Introduction to Micro Economics with Answers Pdf free download will help you. If you have any queries regarding CBSE Class 11 Economics Introduction to Micro Economics MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

MCQ Questions for Class 11 Business Studies Chapter 10 Internal Trade with Answers

by

Check the below NCERT MCQ Questions for Class 11 Business Studies Chapter 10 Internal Trade with Answers Pdf free download. MCQ Questions for Class 11 Business Studies with Answers were prepared based on the latest exam pattern. We have provided Internal Trade Class 11 Business Studies MCQs Questions with Answers to help students understand the concept very well. https://mcqquestions.guru/mcq-questions-for-class-11-business-studies-chapter-10/

Internal Trade Class 11 MCQs Questions with Answers

Internal Trade Class 11 MCQ Chapter 10 Question 1.
It helps disabled and elderly people.
(a) Tele-shopping
(b) E-commerce
(c) multiple shop
(d) installment system

Answer

Answer: (a) Tele-shopping

MCQ On Internal Trade Class 11 Chapter 10 Question 2.
The aim is to economies by buying in common and to retain their profits by selling in common.
(a) multiple shop
(b) web marketing
(c) teleshopping
(d) consumer?s co-operative store

Answer

Answer: (d) consumer?s co-operative store

Internal Trade MCQ Class 11 Chapter 10 Question 3.
This retail business acts as a universal supplier of a wide variety of products.
(a) Departmental store
(b) Multiple shop
(c) Mail order Business.
(d) Tele-shopping

Answer

Answer: (a) Departmental store

MCQ Of Internal Trade Class 11 Chapter 10 Question 4.
____ are mobile traders who deal in low priced articles with no fixed place of business.
(a) Street stalls
(b) Retailers
(c) Itinerant traders
(d) Agents

Answer

Answer: (c) Itinerant traders

MCQ Questions For Class 11 Business Studies Chapter 10 Question 5.
____________ can check the price fluctuations in the market by holding back the goods when prices fall and releasing the goods when prices raise.
(a) Wholesaler
(b) Agent
(c) Retailer
(d) Mercantile agent

Answer

Answer: (a) Wholesaler

Internal Trade MCQ Chapter 10 Class 11 Question 6.
A warehouse keeper accepts goods for the purpose of ____________
(a) Selling
(b) Packaging
(c) Export
(d) Storage

Answer

Answer: (d) Storage

Question 7.
When goods are imported for the purpose of export is called as _________
(a) Foreign trade
(b) Entrepot
(c) Home trade
(d) Trade

Answer

Answer: (b) Entrepot

Question 8.
The purchase of goods from a foreign country is called ____________
(a) Entreport
(b) Import
(c) Re-Export
(d) Export

Answer

Answer: (b) Import

Question 9.
The risk of bad debts in this business is eliminated particularly when payment is received through V.P.P.
(a) Tele-shopping
(b) mail order trading house
(c) Departmental store
(d) co-operative store

Answer

Answer: (b) mail order trading house

Question 10.
It is a network of a number of branches situated at different localities in the city or in the different parts of the country.
(a) Multiple shop
(b) Consumers? co-operative store
(c) Hire purchase system
(d) Internet marketing

Answer

Answer: (a) Multiple shop

Question 11.
Small scale Fixed retailers includes ____________
(a) Hawkers
(b) Pedlars
(c) Cheap Jacks
(d) General stores

Answer

Answer: (d) General stores

Question 12.
____________ are agents who merely bring the buyer and the seller into contact.
(a) Selling agent
(b) Commission agent
(c) Stockist
(d) Broker

Answer

Answer: (d) Broker

Question 13.
Wholesaler?s deals in ____________ quantity of goods
(a) Small
(b) Limited
(c) Large
(d) Medium

Answer

Answer: (c) Large

Question 14.
An agent is appointed by the ____________
(a) Principal
(b) Manufacturer
(c) Wholesaler
(d) Retailer

Answer

Answer: (a) Principal

Question 15.
The persons who come in between the primary producer and the final consumer to promote trade is called as ____________
(a) Trader
(b) Middleman
(c) Auctioneer
(d) Agent

Answer

Answer: (b) Middleman

One Mark Questions

1. What is internal trade?

Answer

Answer: Buying and selling of goods and services within the boundaries of a nation is referred as internal trade.

2. What is wholesale trade?

Answer

Answer: Wholesale trade refers to buying and selling of goods and services in large quantities for the purpose of resale or intermediate use.

3. Who is a wholesaler?

Answer

Answer: Wholesaler is a person who buys goods from the producers in bulk quantities and sells them in small quantities to a retailer.

4. What is retail trade?

Answer

Answer: Retail trade refers to sale of goods in small quantities for the final consumptions.

5. Who is a retailer?

Answer

Answer: Retailer is a person who buys the goods in large quantities from the wholesalers and sells ‘them in small quantities to the ultimate consumers.

6. Expand AVM.

Answer

Answer: Automatic Vending Machine

7. Expand FOB

Answer

Answer: Free on Board

8. Expand CIF

Answer

Answer: Cost, Insurance and Freight Price

9. Expand E&OE

Answer

Answer: Errors and Omissions excepted

10. Expand COD

Answer

Answer: Cash on Delivery

11. Name any one type of internal trade.

Answer

Answer: Wholesale Trade

12. State one type of Itinerant retailers.

Answer

Answer: Street Traders

13. Give an example for small scale fixed retail shop.

Answer

Answer: Soaps, Hair oil and Tooth Paste

14. Give an example for large scale fixed retail shop.

Answer

Answer: Spencer, Food world and reliance fresh

15. Give an example for departmental stores.

Answer

Answer: Spencer

16. Give an example for multiple shops.

Answer

Answer: Pizza Hut and Me. Donald

17. Give an example for Super markets.

Answer

Answer: Reliance Fresh and Food world

18. Give an example for malls.

Answer

Answer: Garuda Mall and Orion Mall

19. Who are peddlers?

Answer

Answer: Peddlers are those who carry their goods on their heads and backs from one door to another in the streets for selling the goods.

20. Who are Hawkers?

Answer

Answer: Hawkers are those who carry their goods on back of animals or by using wheeled carts from one door to another for selling the articles.

21. Who are cheap jacks?

Answer

Answer: Cheap jacks are petty retailers who have independent shops of a temporary nature in the business locality.

We hope the given NCERT MCQ Questions for Class 11 Business Studies Chapter 10 Internal Trade with Answers Pdf free download will help you. If you have any queries regarding Internal Trade CBSE Class 11 Business Studies MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

MCQ Questions for Class 11 Business Studies Chapter 9 Small Business with Answers

by

Check the below NCERT MCQ Questions for Class 11 Business Studies Chapter 9 Small Business with Answers Pdf free download. MCQ Questions for Class 11 Business Studies with Answers were prepared based on the latest exam pattern. We have provided Small Business Class 11 Business Studies MCQs Questions with Answers to help students understand the concept very well. https://mcqquestions.guru/mcq-questions-for-class-11-business-studies-chapter-9/

Small Business Class 11 MCQs Questions with Answers

Small Business Class 11 MCQ Business Studies Question 1.
Expand EOUs
(a) Essential Operating units
(b) Export Order Units
(c) Export Oriented units
(d) Essential order units

Answer

Answer: (c) Export Oriented units

Small Business Class 11 MCQ Chapter 9 Question 2.
Which of the following is organised by individuals?
(a) Cottage Industries
(b) Railway industry
(c) None of these
(d) Chemical industry

Answer

Answer: (a) Cottage Industries

Small Business MCQ Chapter 9 Class 11 Question 3.
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

Answer

Answer: (c) Village Industry

MCQ Questions For Class 11 Business Studies Chapter 9 Question 4.
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 ______
(a) Rs.25 Lakhs
(b) Rs.30 Lakhs
(c) Rs.10 Lakhs
(d) Rs.15 Lakhs

Answer

Answer: (c) Rs.10 Lakhs

Question 5.
The small scale industry can enjoy the status of _______ unit if it exports more than 50% of its production.
(a) Domestic unit
(b) Export Oriented units
(c) Small scale unit
(d) Import oriented units

Answer

Answer: (b) Export Oriented units

Question 6.
_____ is defined as one in which the investment in fixed assets of plant and machinery does not exceed rupees one crore.
(a) Limited Companies
(b) None of these
(c) Small Scale Industry
(d) Large Scale industry

Answer

Answer: (c) Small Scale Industry

Question 7.
Which of the following is part of ?Village and Small Industries Sector??
(a) Handicrafts
(b) Sericulture
(c) Handlooms
(d) All of these

Answer

Answer: (d) All of these

Question 8.
In India, the ?Village and Small Industries? Sector consists of both traditional and modern small industries. This sector has ___________subgroups.
(a) Eleven
(b) Five
(c) Ten
(d) Eight

Answer

Answer: (d) Eight

Question 9.
Limit of investment in small scale industry is _________
(a) one crore
(b) two crore
(c) five crore
(d) Ten crore

Answer

Answer: (a) one crore

Question 10.
________ are also known as Rural industries or Traditional industries
(a) Food industry
(b) Cottage Industries
(c) None of these
(d) Agricultural industry

Answer

Answer: (b) Cottage Industries

Question 11.
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

Answer

Answer: (c) 1 Lakh

Question 12.
Small scale industries owned and managed by women entrepreneurs have share capital of not less than __________
(a) 25 percent
(b) 50 percent
(c) 51 percent
(d) 20 percent

Answer

Answer: (c) 51 percent

Question 13.
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

Answer

Answer: (d) Ancillary small industry

Question 14.
Which of the following comes under the Modern Small Industries?
(a) Coir
(b) Handicrafts
(c) Khadi
(d) Powerlooms

Answer

Answer: (d) Powerlooms

Question 15.
A tiny unit is defined as an industrial or business enterprise whose investment in plant and machinery is not more than ___________
(a) Rs. 25 Lakhs
(b) Rs.30 Lakhs
(c) Rs.35 Lakhs
(d) Rs.50 Lakhs

Answer

Answer: (a) Rs. 25 Lakhs

One Mark Questions

1. What do you mean by small business?

Answer

Answer: A business which operates on a small scale and required less capital, less labour and less machines is called small business.

2. Give full form of NSIC.

Answer

Answer: National small Industries Corporation (NSIC)

3. Give full form of DIC.

Answer

Answer: District Industries Centre (DIC)

4. What is mining?

Answer

Answer: The process or business of extracting ore or minerals from the ground.

We hope the given NCERT MCQ Questions for Class 11 Business Studies Chapter 9 Small Business with Answers Pdf free download will help you. If you have any queries regarding Small Business CBSE Class 11 Business Studies MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.

MCQ Questions for Class 11 Business Studies Chapter 8 Sources of Business Finance with Answers

by

Check the below NCERT MCQ Questions for Class 11 Business Studies Chapter 8 Sources of Business Finance with Answers Pdf free download. MCQ Questions for Class 11 Business Studies with Answers were prepared based on the latest exam pattern. We have provided Sources of Business Finance Class 11 Business Studies MCQs Questions with Answers to help students understand the concept very well. https://mcqquestions.guru/mcq-questions-for-class-11-business-studies-chapter-8/

Formation of a Company Class 11 MCQs Questions with Answers

Sources Of Business Finance Class 11 MCQ Chapter 8 Question 1.
Internal sources of capital are those that are
(a) generated through outsiders such as suppliers
(b) generated through loans from commercial banks
(c) generated through issue of shares
(d) generated within the business

Answer

Answer: (d) generated within the business

Sources Of Business Finance MCQ Class 11 Chapter 8 Question 2.
Under the factoring arrangement, the factor
(a) Produces and distributes the goods or services
(b) Makes the payment on behalf of the client
(c) Collects the client’s debt or account receivables
(d) Transfer the goods from one place to another

Answer

Answer: (c) Collects the client’s debt or account receivables

MCQ On Sources Of Finance With Answers Chapter 8 Question 3.
Under the lease agreement, the lessee gets the right to
(a) Share profits earned by the lessor
(b) Participate in the management of the organization
(c) Use the asset for a specified period
(d) Sell the assets

Answer

Answer: (c) Use the asset for a specified period

MCQ Of Sources Of Business Finance Class 11 Chapter 8 Question 4.
ADRs are issued in
(a) Canada
(b) China
(c) India
(d) USA

Answer

Answer: (d) USA

MCQ Questions For Class 11 Business Studies Chapter 8 Question 5.
The term ‘redeemable’ is used for
(a) Preference shares
(b) Commercial paper
(c) Equity shares
(d) Public deposits

Answer

Answer: (b) Commercial paper

MCQ On Sources Of Business Finance Class 11 Question 6.
When one party grants the other party the right to use the asset in return for a periodic payment, it is known as __________
(a) Lease Financing
(b) Factoring
(c) Public Deposits
(d) Debts

Answer

Answer: (a) Lease Financing

MCQ Sources Of Business Finance Class 11 Chapter 8 Question 7.
Money obtained by issue of shares is known as ___________
(a) Debts
(b) Share Capital
(c) Loans
(d) Reserve Funds

Answer

Answer: (b) Share Capital

Source Of Business Finance Class 11 MCQ Chapter 8 Question 8.
_____________ was the first company in India to issue convertible zero interest debentures in January 1990
(a) Mahindra and Mahindra
(b) Adani Enterprise
(c) Tata Motors
(d) Reliance Limited

Answer

Answer: (a) Mahindra and Mahindra

Class 11 Sources Of Business Finance MCQs Chapter 8 Question 9.
Which of the following is a commercial bank?
(a) All of these
(b) Canara bank
(d) Punjab National Bank
(d) State Bank of India

Answer

Answer: (a) All of these

Question 10.
The ordinary shares of a company are delivered to the depository bank, which in turn issues the depository receipts, known as _______
(a) Commercial banks
(b) ADR
(c) None of these
(d) GDR

Answer

Answer: (d) GDR

Question 11.
Unit Trust of India was established by ___________
(a) ICICI
(b) State Bank Group
(c) Indian Government
(d) HDFC Bank

Answer

Answer: (c) Indian Government

Question 12.
ICICI was established in _________________
(a) 1975
(b) 1955
(c) 1985
(d) 1965

Answer

Answer: (b) 1955

Question 13.
Expand ICICI
(a) None of these
(b) International Credit and Investment Corporation of India
(c) Indian Credit and Investment Corporation of India
(d) Industrial Credit and Investment Corporation of India

Answer

Answer: (c) Industrial Credit and Investment Corporation of India

Question 14.
The maturity period of a commercial paper usually ranges from
(a) 20 to 40 days
(b) 60 to 90 days
(c) 120 to 365 days
(d) 90 to 364 days

Answer

Answer: (d) 90 to 364 days

Question 15.
Debentures represent
(a) Fixed capital of the company
(b) Permanent capital of the company
(c) Fluctuating capital of the company
(d) Loan capital of the company

Answer

Answer: (d) Loan capital of the company

Question 16.
Public deposits are the deposits that are raised directly from
(a) The public
(b) The directors
(c) The auditors
(d) The owners

Answer

Answer: (a) The public

Question 17.
Funds required for purchasing current assets is an example of
(a) Fixed capital requirement
(b) Ploughing back of profits
(c) Working capital requirement
(d) Lease financing

Answer

Answer: (c) Working capital requirement

Question 18.
Equity shareholders are called
(a) Owners of the company
(b) Partners of the company
(c) Executives of the company
(d) Guardian of the company

Answer

Answer: (a) Owners of the company

Question 19.
Investors who want steady income may not prefer ____________
(a) None of these
(b) Debentures
(c) Equity Shares
(d) Bonds

Answer

Answer: (c) Equity Shares

Question 20.
Dividend is paid only on ___________
(a) Loans
(b) Debentures
(c) Bonds
(d) Shares

Answer

Answer: (d) Shares

Question 21.
Funds raised through loans or borrowings are ________
(a) Borrowed funds
(b) Owners Equity
(c) None of these
(d) Share Capital

Answer

Answer: (a) Borrowed funds

Question 22.
GDRs can be converted into shares _____________
(a) At any time
(b) After 5 years
(c) After 10 years
(d) After one year

Answer

Answer: (a) At any time

Question 23.
State Industrial Development Corporations were established by _______
(a) Ministry of Finance
(b) None of these
(c) Central Government
(d) Different States

Answer

Answer: (d) Different States

Question 24.
Life insurance corporation was set up in ________
(a) 1965
(b) 1956
(c) 1975
(d) 1985

Answer

Answer: (b) 1956

Question 25.
Industrial Finance Corporation of India (IFCI) was established in _______
(a) July, 1948
(b) July, 2001
(c) July, 1956
(d) July, 1991

Answer

Answer: (a) July, 1948

One Mark Questions

1. Mention any one source of Business Finance.

Answer

Answer: Owners fund

2. Mention any one type of shares.

Answer

Answer: Equity Share

3. Give one merits of Equity shares.

Answer

Answer: Equity shares holders enjoy the limited liability.

4. State any one type of preference shares.

Answer

Answer: Cumulative preference shares

5. State any one type of Debentures.

Answer

Answer: Secured debentures

6. Mention any one sources of owner’s fund.

Answer

Answer: Equity Share

7. Mention any one type of Financial Institutions.

Answer

Answer: Industrial Finance Corporation of India.

8. Expand ADR.

Answer

Answer: American Depository Receipts

9. Expand GDR.

Answer

Answer: Global Depository Receipts

10. Expand IDR.

Answer

Answer: Indian Depository Receipts

11. Expand ICD.

Answer

Answer: Inter Corporate Deposit

12. Expand EXIM Bank.

Answer

Answer: Export Import bank

We hope the given NCERT MCQ Questions for Class 11 Business Studies Chapter 8 Sources of Business Finance with Answers Pdf free download will help you. If you have any queries regarding Sources of Business Finance CBSE Class 11 Business Studies MCQs Multiple Choice Questions with Answers, drop a comment below and we will get back to you soon.