11th Standard EM - Commerce - Micro, Small and Medium Enterprises (MSMEs) and Self Help Groups (SHGs)

Buy 11th Standard COMMERCE Practice test pack

Question - 1

MSMED Act was enacted in the year______.

  • A 2004
  • B 2007
  • C 2006
  • D 2008

Question - 2

MSMEs are important for the Nation's Economy because they significantly contribute to______.

  • A Industrial Production
  • B Exports
  • C Employment
  • D All the above

Question - 3

Self help groups convert the savings into a common fund known as____

  • A Common Fund
  • B Groups corpus Fund
  • C Group Fund
  • D None of the above

Question - 4

There are_______distinct modes of Credit to self help groups

  • A 1
  • B 2
  • C 3
  • D 4

Question - 5

Investment Limit of a Micro Enterprise under manufacturing sector does not exceed _____lakhs.

  • A 10
  • B 20
  • C 25
  • D 50

Question - 6

_______ helps towards the industrialisation of rural and backwards areas.

  • A MSME
  • B Entrepreneurs
  • C Small scale industries
  • D Large-scale industries

Question - 7

The manufacturing enterprises are defined in terms of investment in ___________.

  • A Funiture
  • B Stock
  • C Plant and machinery
  • D None of the these

Question - 8

___________ do not require a huge capital to start the unit.

  • A Sole proprietorship
  • B Joint Hindu Family
  • C Co-operatives
  • D MSMES

Question - 9

Pandiyan Rural bank, Pallavan Rural bank are the examples of________.

  • A Commercial bank
  • B Regional rural bank
  • C MUDRA bank
  • D None of these

Question - 10

Clay pot making industry is the best example for__________Enterprises.

  • A Micro
  • B Medium
  • C Small
  • D Large