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Solutions for Chapter 6: Institutes Supporting Business
Below listed, you can find solutions for Chapter 6 of Maharashtra State Board Balbharati for Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board.
Balbharati solutions for Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board 6 Institutes Supporting Business Exercise Q.1 [Pages 133 - 136]
Select the correct Option and rewrite the sentence.
Small Industrial Development Bank of India (SIDBI) was established in ___________
1989
1990
1991
Select the correct Option and rewrite the sentence.
SIDBI was established under the Small Industrial Development Bank of India. Act, ___________
1988
1992
1996
Select the correct Option and rewrite the sentence.
___________ is Principal Financial Institution for Promotion, the Micro, Small and Medium Enterprise (MSME) sector 1n India.
NABARD
KVIC
SIDBI
Select the correct Option and rewrite the sentence.
___________Came into existence on July 12, 1982
NABARD
KVIC
SIDBI
Select the correct Option and rewrite the sentence.
A Committee to Review the Arrangements For Institutional Credit for Agriculture and Rural Development (CRAFICARD) was constituted under the Chairmanship of _________
Kothari
Shivaraman
Rangarajan
Select the correct Option and rewrite the sentence.
All India khadi and village Industries Board was set up in the year _____________
1953
1949
1948
Select the correct Option and rewrite the sentence.
In April ___________ KVIC was established.
1955
1953
1957
Match the pairs.
Group ‘A’ | Group ‘B’ |
A) SIDBI | 1) 1944 |
B) NABARD | 2) 1990 |
C) World Bank | 3) 1988 |
D) Grameen Bank | 4) 1983 |
E) KVIC | 5) 1982 |
6) 1957 | |
7) 1932 | |
8) 1956 | |
9) 1912 | |
10) 1960 |
Give one word/phrase/term:
Life blood of business.
Give one word/phrase/term:
Principal Financial institution of promotion of the Micro, Small and Medium Enterprise (MSME) sector in India.
Give one word/phrase/term:
Advisor and mentor for MSMEs.
Give one word/phrase/term:
Wholly owned subsidiary of IDBI was set up in July 1999, is providing venture capital.
Give one word/phrase/term:
A digital initiative by SIDBI launched on March, 17th, 2016
Give one word/phrase/term:
The apex institution for agricultural finance.
Give one word/phrase/term:
The Bangladeshi economist, known as the Father of Micro-finance.
Give one word/phrase/term:
An international organization dedicated to providing finance, advice, and research to developing nations.
State True or False.
Small Industrial Development Bank was established on 2nd April, 1990.
True
False
State True or False.
SIDBI has its head office at Mumbai.
True
False
State True or False.
SIDBI is not working towards sustainable development of MSME’s in India.
True
False
State True or False.
SIDBI, Startup Mitra scheme is launched on March 17, 2016.
True
False
State True or False.
NABARD came into existence on July 12, 1982.
True
False
State True or False.
The NABARD has been recognised as the apex institution for financing large scale industries.
True
False
State True or False.
KVIC is actively working for planning, promotion and production of Khadi as well as in setting up of village and rural industries of India.
True
False
State True or False.
Dr. Muhammad Yunus is known as the ‘Father of Rural Banking.
True
False
State True or False.
Self Help Group is a large group of homogeneous individuals.
True
False
Complete the sentence.
The lifeblood of a business is_______
Complete the sentence.
Micro, Small and Medium Enterprises (MSMEs) are focused domains for _________.
Complete the sentence.
SIDBI takes structural initiatives to resolve the financial and nonfinancial hurdles of ____________
Complete the sentence.
SIDBI is established to provide short-term and long-term finance to ________.
Complete the sentence.
‘SIDBI Startup Mitra’ launched on __________ .
Complete the sentence.
To improve the accessibility of credit and handholding services to MSMEs, SIDBI has launched the __________.
Complete the sentence.
NABARD came into existence on __________.
Complete the sentence.
Khadi and Village Industries Commission was set up in __________.
Complete the sentence.
A statutory body of Khadi and Village. Industries Commission (KVIC) was created with a special Act of _______
Complete the sentence.
The Grameen Bank in Bangladesh was set up in ________
Complete the sentence.
The father of Micro finance is _______
Complete the sentence.
The World Bank came into existence on the __________
Complete the sentence.
The headquarter of the World Bank is in____________
Complete the sentence.
Dr. Muhammad Yunus jointly won the Nobel Prize in __________.
Select the correct option.
A | B |
SIDBI | __________ |
1953
1944
2nd April 1990
Oct. 1983
12 July 1982
Select the correct option.
A | B |
_______ | NABARD |
1953
1944
2nd April 1980
Oct. 1983
12 July 1982
Select the correct option.
A | B |
KVIC | _________ |
1953
1944
2nd April 1980
Oct. 1983
12 July 1982
Select the correct option.
A | B |
________ | World bank |
1953
1944
2nd April 1980
Oct. 1983
12 July 1982
Select the correct option.
A | B |
Grameen bank | _________ |
1953
1944
2nd April 1980
Oct. 1983
12 July 1982
Answer in one sentence.
What is SIDBI?
Answer in one sentence.
What do you mean by NABARD?
Answer in one sentence.
What is meant by Grameen Bank?
Answer in one sentence.
What is SHG?
Answer in one sentence.
What do you mean by World Bank?
Answer in one sentence.
What is MSME’s?
Answer in one sentence.
What is Udyami Mitra?
Correct the underlined word and rewrite the following sentence.
SIDBI is established to provide only long -term finance to the MSME’s.
Correct the underlined word and rewrite the following sentence.
The NABARD has been recognised as the apex institution for Industrial finance.
Correct the underlined word and rewrite the following sentence.
Khadi was a symbol and the spirit of self-reliance in post-independence India.
Correct the underlined word and rewrite the following sentence.
Self-help groups are based on the fundamental principle of to earn profit.
Correct the underlined word and rewrite the following sentence.
World Bank provides high interest loan.
Balbharati solutions for Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board 6 Institutes Supporting Business Exercise Q.2 [Page 136]
Explain the following term/concept.
Udyami Mitra.
Explain the following term/concept.
KVIC.
Explain the following term/concept.
World Bank.
Explain the following term/concept.
Self Help-Groups.
Explain the following term/concept.
Collateral Free Loan.
Balbharati solutions for Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board 6 Institutes Supporting Business Exercise Q.3 [Page 136]
Study the following case/situation and express your opinion.
Anand completed his MB A and wants to start a Small Scale Industry. H e is good at using technology. He has a very good business idea in mind and looking for a lender or investor.
- Who is promoter or businessman in this case?
- W h at is the full form of SSI?
- Suggest digital ways to find lenders or investors for this initiative.
Balbharati solutions for Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board 6 Institutes Supporting Business Exercise Q.4 [Page 136]
Answer in brief.
State any four features of NABARD.
Answer in brief.
State four objectives of KVIC.
Answer in brief.
Write any four features of the World Bank.
Answer in brief.
Describe any two features of Self Help Groups.
Answer in brief.
Describe any two features of SIDBI.
Balbharati solutions for Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board 6 Institutes Supporting Business Exercise Q.5 [Page 136]
Justify the following statement.
SIDBI acts as an institute for the promotion of MSMEs
Justify the following statement.
SIDBI provides different types of financial and non-financial services through its subsidiaries.
Justify the following statement.
The NABARD has been recognized as the apex institution for agricultural finance.
Justify the following statement.
KVIC plays an important role in the development of entrepreneurship.
Justify the following statement.
Mutual Trust is the soul of SHG.
Justify the following statement.
SHGS plays an important role in the empowerment of women.
Justify the following statement.
World Bank plays a vital role in social development.
Balbharati solutions for Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board 6 Institutes Supporting Business Exercise Q.6 [Pages 136 - 137]
Attempt the following.
State the different forms of finance provided by SIDBI.
Attempt the following.
State the role of SIDBI in sustainable development.
Attempt the following.
Explain the role of NABARD in financing rural industries.
Attempt the following.
Explain the objectives of KVIC.
Attempt the following.
Explain the role of KVIC in employment generation.
Attempt the following.
Explain in detail the democratic setup in SHGs.
Attempt the following.
Explain organizational structure of World Bank.
Balbharati solutions for Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board 6 Institutes Supporting Business Exercise Q.7 [Page 137]
Answer the following:
Write important features of SIDBI.
Answer the following:
Write important features of NABARD.
Answer the following:
Write important features of KVIC.
Answer the following:
Write important features of SHGs.
Answer the following:
Write important features of the World Bank.
Solutions for 6: Institutes Supporting Business
Balbharati solutions for Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board chapter 6 - Institutes Supporting Business
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Concepts covered in Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board chapter 6 Institutes Supporting Business are Institutes Supporting Business, Small Industrial Development Bank of India (Sidbi), National Bank for Agriculture and Rural Development (Nabard), Khadi and Village Industries Commission (Kvic), Women’s Self Help Groups (Mahila Bachat Gat), World Bank.
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