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Balbharati solutions for Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board chapter 3 - Small Scale Industry and Business [Latest edition]

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Balbharati solutions for Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board chapter 3 - Small Scale Industry and Business - Shaalaa.com
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Solutions for Chapter 3: Small Scale Industry and Business

Below listed, you can find solutions for Chapter 3 of Maharashtra State Board Balbharati for Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board.


EXERCISE
EXERCISE [Pages 55 - 58]

Balbharati solutions for Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board 3 Small Scale Industry and Business EXERCISE [Pages 55 - 58]

EXERCISE | Q 1 A) 1) | Page 55

Select the correct option and rewrite the sentence.

The problem of __________ has been becoming more serious in India.

  • Employment

  • unemployment

  • pollution

EXERCISE | Q 1 A) 2) | Page 55

Select the correct option and rewrite the sentence.

India is __________ abundant country.

  • Labour

  • money

  • material

EXERCISE | Q 1 A) 3) | Page 55

Select the correct option and rewrite the sentence.

_______ cost of power acquisition, frequent power cuts, irregular supply of power affect the productivity of SSI.

  • Higher

  • Lower

  • Average

EXERCISE | Q 1 A) 4) | Page 55

Select the correct option and rewrite the sentence.

Before setting up a business, it is essential to study the prevailing _________ environment.

  • Business

  • natural

  • political

EXERCISE | Q 1 A) 5) | Page 55

Select the correct option and rewrite the sentence.

Small Scale Business are _____ intensive.

  • Money

  • power

  • labour

EXERCISE | Q 1 A) 6) | Page 55

Select the correct option and rewrite the sentence.

Occurring obscured idea in mind of entrepreneur is _______ stage of establishing business.

  • First

  • second

  • third

EXERCISE | Q 1 A) 7) | Page 55

Select the correct option and rewrite the sentence.

Small scale industries contribute nearly _______ to the industrial exports of the country.

  • 40%

  • 60%

  • 20%

EXERCISE | Q 1 B) | Page 55

Match the pairs.

Group ‘A’ Group ‘B'
A) Micro-Manufacturing sector 1) Handloom
B) Traditional Small Scale business 2) Unskilled
C) Registration 3) Does not exceed ₹ 25 lakhs
D) Labour 4) 40% of exports of India
E) Bicycle 5) Does not exceeds ₹ 1 lakhs
  6) DIC
  7) Marketing Problem
  8) Modern Small Scale business
  9) Project Appraisal
  10) Cost-efficiency
EXERCISE | Q 1 C) 1) | Page 56

Give one word/phrase/term.

A sector which is back bone of rural India.

EXERCISE | Q 1 C) 2) | Page 56

Give one word/phrase/term for the following sentence.

An industry using power with less than 50 employees.

EXERCISE | Q 1 D) 1) | Page 56

State True or False:

Small Scale industries should be developed in order to maintain, economic balance in a country

  • True

  • False

EXERCISE | Q 1 D) 2) | Page 56

State True or False:

Majority Small Scale industry uses advanced technology.

  • True

  • False

EXERCISE | Q 1 D) 3) | Page 56

State True or False:

Small Business easily get access to low interest rates.

  • True

  • False

EXERCISE | Q 1 D) 4) | Page 56

State True or False:

Small Business can not survive in the competition.

  • True

  • False

EXERCISE | Q 1 E) 1) | Page 56

Find the odd one.

  • Coir

  • Handicraft

  • Spare Parts

  • Hand-loom

EXERCISE | Q 1 E) 2) | Page 56

Find the odd one.

  • Bicycle Parts

  • Sericulture

  • Electronic Appliances

  • Sewing machine

EXERCISE | Q 1 F) 1) | Page 56

Complete the sentence.

____________ Industries plays an important role in developing countries.

EXERCISE | Q 1 F) 2) | Page 56

Complete the sentence.

SSI is _________ largest industry which creates huge employment opportunities.

EXERCISE | Q 1 F) 3) | Page 56

Complete the sentence.

SSI enjoys the advantage of ___________ cost of the produce.

EXERCISE | Q 1 F) 4) | Page 56

Complete the sentence.

SSI are ________ intensive.

EXERCISE | Q 1 F) 5) | Page 56

Complete the sentence.

SSI requires __________ capital as compared to large scale industries.

EXERCISE | Q 1 F) 6) | Page 56

Complete the sentence.

SSI produce consumer goods as well as ______ components.

EXERCISE | Q 1 G) 1) | Page 57

Select the correct option.

A B
More than ₹ 25 lakhs but Does not exceed ₹ 5 cores ______________
  • Small manufacturing Sector

  • Micro manufacturing Sector

  • Micro Service Sector

  • Medium Manufacturing Sector

  • Small Service Sector

EXERCISE | Q 1 G) 2) | Page 57

Select the correct option.

A B
_____________ Does not exceed ₹ 25 lakhs
  • Small manufacturing Sector

  • Micro manufacturing Sector

  • Micro Service Sector

  • Medium Manufacturing Sector

  • Small Service Sector

EXERCISE | Q 1 G) 3) | Page 57

Select the correct option.

A B
More than ₹ 5 crores but does not exceed ₹ 10 crores ____________
  • Small manufacturing Sector

  • Micro manufacturing Sector

  • Micro Service Sector

  • Medium Manufacturing Sector

  • Small Service Sector

EXERCISE | Q 1 G) 4) | Page 57

Select the correct option.

A B
___________ Does not exceed ₹ 10 lakhs
  • Small manufacturing Sector

  • Micro manufacturing Sector

  • Micro Service Sector

  • Medium Manufacturing Sector

  • Small Service Sector

EXERCISE | Q 1 G) 5) | Page 57

Select the correct option.

A B
More than ₹ 10 lakhs but does not exceed does not exceed ₹ 2 crores __________
  • Small manufacturing Sector

  • Micro manufacturing Sector

  • Micro Service Sector

  • Medium Manufacturing Sector

  • Small Service Sector

EXERCISE | Q 1 H) 1) | Page 57

Answer in one sentence.

What is SSI?

EXERCISE | Q 1 H) 2) | Page 57

Answer in one sentence.

State the example of Traditional Small Scale Industry.

EXERCISE | Q 1 H) 3) | Page 57

Answer in one sentence.

Give examples of Modern Small Scale Industry.

EXERCISE | Q 1 I) 1) | Page 57

Correct the underined word and rewrite the following sentence.

The problem of employment has been becoming more serious in India.

EXERCISE | Q 1 I) 2) | Page 57

Correct the underlined word and rewrite the following sentence.

India is material abundant country.

EXERCISE | Q 1 I) 3) | Page 57

Correct the underined word and rewrite the following sentence.

Small scale Industry uses advanced technology.

EXERCISE | Q 1 I) 4) | Page 57

Correct the underined word and rewrite the following sentence.

SSI begins with large amount of capital.

EXERCISE | Q 1 I) 5) | Page 57

Correct the underined word and rewrite the following sentence.

A business proposal is the first step in setting up a small scale business.

EXERCISE | Q 1 J) | Page 57

Arrange in proper order.

a) Selection of a place
b) Selection of a product
c) Business proposal
d) Selection of technology

EXERCISE | Q 2 1) | Page 57

Explain the following term/concept.

Small Scale Industry

EXERCISE | Q 2 2) | Page 57

Explain the following term/concept.

Service Sector

EXERCISE | Q 2 3) | Page 57

Explain the following term/concept.

Micro Small Scale Business

EXERCISE | Q 2 4) | Page 57

Explain the following term/concept.

Traditional Industrial Sector

EXERCISE | Q 2 5) | Page 57

Explain the following term/concept.

Modern Industrial Sector

EXERCISE | Q 3 1) | Page 58

Study the following case/situation and express your opinion.

Mr. Ram wants to start a Small Scale business of manufacturing parts of bicycles or machinery.

  1. Identify the first step or stage of setting up his Small Scale business.
  2. State the different ways of raising the capital for his business.
  3. 'Marketing is a necessary step of running a business,’ comment on it.
EXERCISE | Q 3 2) | Page 58

Study the following case/situation and express your opinion.

Mr. Rahim is keenly interested in starting the Small Scale business. But he is worried about the challenges before Small Scale business. Guide him about the solutions to face these challenges.

EXERCISE | Q 4 1) | Page 58

Answer in brief.

State any four points of importance of Small Scale Industry/Business.

EXERCISE | Q 4 2) | Page 58

Answer in brief.

Write any four advantages of the Small Scale Industry.

EXERCISE | Q 4 3) | Page 58

Answer in brief.

State any four challenges before Small Scale Industries.

EXERCISE | Q 5 1) | Page 58

Justify the following statement.

Generally, Small Scale Industries are sick.

EXERCISE | Q 5 2) | Page 58

Justify the following statement.

Small Scale Industry requires less amount of capital.

EXERCISE | Q 5 3) | Page 58

Justify the following statement.

Small Scale Industries have problems.

EXERCISE | Q 6 1) | Page 58

Attempt the following.

Explain the meaning of Small Scale industries.

EXERCISE | Q 6 2) | Page 58

Attempt the following.

State the importance of small business.

EXERCISE | Q 6 3) | Page 58

Attempt the following.

Explain in brief the impact of capital on Small Scale industries.

EXERCISE | Q 6 3) | Page 58

Attempt the following.

State the problem faced by Small Scale industries.

EXERCISE | Q 6 4) | Page 58

Attempt the following.

Explain the role of Small Scale industries in employment generation.

EXERCISE | Q 7 1) | Page 58

Attempt the following.

Explain the challenges before small business.

EXERCISE | Q 7 2) | Page 58

Attempt the following.

Write down the benefits of small business.

EXERCISE | Q 7 3) | Page 58

Explain the process of establishment of Small Scale industries.

EXERCISE | Q 7 4) | Page 58

Attempt the following.

Explain the importance of small business.

EXERCISE | Q 7 5) | Page 58

Attempt the following.

It is clear that the absence of capital and the raw material is the main reason for the short term sickness. Explain it.

Solutions for 3: Small Scale Industry and Business

EXERCISE
Balbharati solutions for Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board chapter 3 - Small Scale Industry and Business - Shaalaa.com

Balbharati solutions for Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board chapter 3 - Small Scale Industry and Business

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Concepts covered in Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board chapter 3 Small Scale Industry and Business are Introduction of Small Scale Industry and Business, Importance of Small Scale Industries, Advantages of Small Scale Industries, Challenges of Small Scale Industries, Steps in Setting up of a Small Scale Business.

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