Assignment-2

Khadi and village industries are identified as:

• Large scale industries

• Traditional small scale industries

• Modern small scale industries

• Medium scale industries

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

• Rs.25 Lakhs

• Rs.30 Lakhs

• Rs.35Lakhs

• Rs.50 Lakhs

Which of the following comes under the Modern Small Industries?

• Coir

• Handicrafts

• Khadi

• Powerlooms

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

• Limited Companies

• Large Scale industry

• Small Scale Industry

• None of these

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

• Domestic unit

• Export oriented units

• Small scale unit

• Import oriented units

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

• 25%

• 50%

• 51%

• 20%

Micro enterprises are those whose investment in plant and machinery does not exceed rupees ______.

• Rs.5 Lakhs

• Rs.2 Lakhs

• Rs.1 Lakhs

• Rs.3 Lakhs

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

• Handicrafts

• Sericulture

• Handlooms

• All of the above

MSME act came into existence:

• October 2006

• October 2007

• October 1991

• October 2013

People who own, operate and take risks in a business venture is called:

• Aptitude

• Employee

• Entrepreneur

• Entrepreneurship