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Balbharati solutions for Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board chapter 6 - Institutes Supporting Business [Latest edition]

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Balbharati solutions for Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board chapter 6 - Institutes Supporting Business - Shaalaa.com
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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.


Exercise Q.1Exercise Q.2Exercise Q.3Exercise Q.4Exercise Q.5Exercise Q.6Exercise Q.7
Exercise Q.1 [Pages 133 - 136]

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]

Exercise Q.1 | Q 1.1 | Page 133

Select the correct Option and rewrite the sentence.

Small Industrial Development Bank of India (SIDBI) was established in ___________

  • 1989

  • 1990

  • 1991

Exercise Q.1 | Q 1.2 | Page 133

Select the correct Option and rewrite the sentence.

SIDBI was established under the Small Industrial Development Bank of India. Act, ___________

  • 1988

  • 1992

  • 1996

Exercise Q.1 | Q 1.3 | Page 133

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

Exercise Q.1 | Q 1.4 | Page 133

Select the correct Option and rewrite the sentence.

___________Came into existence on July 12, 1982

  • NABARD

  • KVIC

  • SIDBI

Exercise Q.1 | Q 1.5 | Page 133

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

Exercise Q.1 | Q 1.6 | Page 133

Select the correct Option and rewrite the sentence.

All India khadi and village Industries Board was set up in the year _____________

  • 1953

  • 1949

  • 1948

Exercise Q.1 | Q 1.7 | Page 133

Select the correct Option and rewrite the sentence.

In April ___________ KVIC was established.

  • 1955

  • 1953

  • 1957

Exercise Q.1 | Q 2 | Page 134

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
Exercise Q.1 | Q 3.1 | Page 134

Give one word/phrase/term:

Life blood of business.

Exercise Q.1 | Q 3.2 | Page 134

Give one word/phrase/term:

Principal Financial institution of promotion of the Micro, Small and Medium Enterprise (MSME) sector in India.

Exercise Q.1 | Q 3.3 | Page 134

Give one word/phrase/term:

Advisor and mentor for MSMEs.

Exercise Q.1 | Q 3.4 | Page 134

Give one word/phrase/term:

Wholly owned subsidiary of IDBI was set up in July 1999, is providing venture capital.

Exercise Q.1 | Q 3.5 | Page 134

Give one word/phrase/term:

A digital initiative by SIDBI launched on March, 17th, 2016

Exercise Q.1 | Q 3.6 | Page 134

Give one word/phrase/term:

The apex institution for agricultural finance.

Exercise Q.1 | Q 3.7 | Page 134

Give one word/phrase/term:

The Bangladeshi economist, known as the Father of Micro-finance.

Exercise Q.1 | Q 3.8 | Page 134

Give one word/phrase/term:

An international organization dedicated to providing finance, advice, and research to developing nations.

Exercise Q.1 | Q 4.1 | Page 134

State True or False.

Small Industrial Development Bank was established on 2nd April, 1990.

  • True

  • False

Exercise Q.1 | Q 4.2 | Page 134

State True or False.

SIDBI has its head office at Mumbai.

  • True

  • False

Exercise Q.1 | Q 4.3 | Page 134

State True or False.

SIDBI is not working towards sustainable development of MSME’s in India.

  • True

  • False

Exercise Q.1 | Q 4.4 | Page 134

State True or False.

SIDBI, Startup Mitra scheme is launched on March 17, 2016.

  • True

  • False

Exercise Q.1 | Q 4.5 | Page 134

State True or False.

NABARD came into existence on July 12, 1982.

  • True

  • False

Exercise Q.1 | Q 4.6 | Page 134

State True or False.

The NABARD has been recognised as the apex institution for financing large scale industries.

  • True

  • False

Exercise Q.1 | Q 4.7 | Page 134

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

Exercise Q.1 | Q 4.8 | Page 134

State True or False.

Dr. Muhammad Yunus is known as the ‘Father of Rural Banking.

  • True

  • False

Exercise Q.1 | Q 4.9 | Page 134

State True or False.

Self Help Group is a large group of homogeneous individuals.

  • True

  • False

Exercise Q.1 | Q 5.01 | Page 135

Complete the sentence.

The lifeblood of a business is_______

Exercise Q.1 | Q 5.02 | Page 135

Complete the sentence.

Micro, Small and Medium Enterprises (MSMEs) are focused domains for _________.

Exercise Q.1 | Q 5.03 | Page 135

Complete the sentence.

SIDBI takes structural initiatives to resolve the financial and nonfinancial hurdles of ____________

Exercise Q.1 | Q 5.04 | Page 135

Complete the sentence.

SIDBI is established to provide short-term and long-term finance to ________.

Exercise Q.1 | Q 5.05 | Page 135

Complete the sentence.

‘SIDBI Startup Mitra’ launched on __________ .

Exercise Q.1 | Q 5.06 | Page 135

Complete the sentence.

To improve the accessibility of credit and handholding services to MSMEs, SIDBI has launched the __________.

Exercise Q.1 | Q 5.07 | Page 135

Complete the sentence.

NABARD came into existence on __________.

Exercise Q.1 | Q 5.08 | Page 135

Complete the sentence.

Khadi and Village Industries Commission was set up in __________.

Exercise Q.1 | Q 5.09 | Page 135

Complete the sentence.

A statutory body of Khadi and Village. Industries Commission (KVIC) was created with a special Act of _______

Exercise Q.1 | Q 5.1 | Page 135

Complete the sentence.

The Grameen Bank in Bangladesh was set up in ________

Exercise Q.1 | Q 5.11 | Page 135

Complete the sentence.

The father of Micro finance is _______

Exercise Q.1 | Q 5.12 | Page 135

Complete the sentence.

The World Bank came into existence on the __________

Exercise Q.1 | Q 5.13 | Page 135

Complete the sentence.

The headquarter of the World Bank is in____________

Exercise Q.1 | Q 5.14 | Page 135

Complete the sentence.

Dr. Muhammad Yunus jointly won the Nobel Prize in __________.

Exercise Q.1 | Q 6.1 | Page 135

Select the correct option.

A B
SIDBI __________
  • 1953

  • 1944

  • 2nd April 1990

  • Oct. 1983

  • 12 July 1982

Exercise Q.1 | Q 6.2 | Page 135

Select the correct option.

A B
_______ NABARD
  • 1953

  • 1944

  • 2nd April 1980

  • Oct. 1983

  • 12 July 1982

Exercise Q.1 | Q 6.3 | Page 135

Select the correct option.

A B
KVIC _________
  • 1953

  • 1944

  • 2nd April 1980

  • Oct. 1983

  • 12 July 1982

Exercise Q.1 | Q 6.4 | Page 135

Select the correct option.

A B
________ World bank
  • 1953

  • 1944

  • 2nd April 1980

  • Oct. 1983

  • 12 July 1982

Exercise Q.1 | Q 6.5 | Page 135

Select the correct option.

A B
Grameen bank _________
  • 1953

  • 1944

  • 2nd April 1980

  • Oct. 1983

  • 12 July 1982

Exercise Q.1 | Q 7.1 | Page 135

Answer in one sentence.

What is SIDBI?

Exercise Q.1 | Q 7.2 | Page 135

Answer in one sentence.

What do you mean by NABARD?

Exercise Q.1 | Q 7.3 | Page 135

Answer in one sentence.

What is meant by Grameen Bank?

Exercise Q.1 | Q 7.4 | Page 135

Answer in one sentence.

What is SHG?

Exercise Q.1 | Q 7.5 | Page 135

Answer in one sentence.

What do you mean by World Bank?

Exercise Q.1 | Q 7.6 | Page 135

Answer in one sentence.

What is MSME’s?

Exercise Q.1 | Q 7.7 | Page 135

Answer in one sentence.

What is Udyami Mitra?

Exercise Q.1 | Q 8.1 | Page 135

Correct the underlined word and rewrite the following sentence.

SIDBI is established to provide only long -term finance to the MSME’s.

Exercise Q.1 | Q 8.2 | Page 135

Correct the underlined word and rewrite the following sentence.

The NABARD has been recognised as the apex institution for Industrial finance.

Exercise Q.1 | Q 8.3 | Page 136

Correct the underlined word and rewrite the following sentence.

Khadi was a symbol and the spirit of self-reliance in post-independence India.

Exercise Q.1 | Q 8.4 | Page 136

Correct the underlined word and rewrite the following sentence.

Self-help groups are based on the fundamental principle of to earn profit.

Exercise Q.1 | Q 8.5 | Page 136

Correct the underlined word and rewrite the following sentence.

World Bank provides high interest loan.

Exercise Q.2 [Page 136]

Balbharati solutions for Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board 6 Institutes Supporting Business Exercise Q.2 [Page 136]

Exercise Q.2 | Q 1 | Page 136

Explain the following term/concept.

Udyami Mitra.

Exercise Q.2 | Q 2 | Page 136

Explain the following term/concept.

KVIC.

Exercise Q.2 | Q 3 | Page 136

Explain the following term/concept.

World Bank.

Exercise Q.2 | Q 4 | Page 136

Explain the following term/concept.

Self Help-Groups.

Exercise Q.2 | Q 5 | Page 136

Explain the following term/concept.

Collateral Free Loan.

Exercise Q.3 [Page 136]

Balbharati solutions for Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board 6 Institutes Supporting Business Exercise Q.3 [Page 136]

Exercise Q.3 | Q 1 | 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.

  1. Who is promoter or businessman in this case?
  2. W h at is the full form of SSI?
  3. Suggest digital ways to find lenders or investors for this initiative.
Exercise Q.4 [Page 136]

Balbharati solutions for Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board 6 Institutes Supporting Business Exercise Q.4 [Page 136]

Exercise Q.4 | Q 1 | Page 136

Answer in brief.

State any four features of NABARD.

Exercise Q.4 | Q 2 | Page 136

Answer in brief.

State four objectives of KVIC.

Exercise Q.4 | Q 3 | Page 136

Answer in brief.

Write any four features of the World Bank.

Exercise Q.4 | Q 4 | Page 136

Answer in brief.

Describe any two features of Self Help Groups.

Exercise Q.4 | Q 5 | Page 136

Answer in brief.

Describe any two features of SIDBI.

Exercise Q.5 [Page 136]

Balbharati solutions for Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board 6 Institutes Supporting Business Exercise Q.5 [Page 136]

Exercise Q.5 | Q 1 | Page 136

Justify the following statement.

SIDBI acts as an institute for the promotion of MSMEs

Exercise Q.5 | Q 2 | Page 136

Justify the following statement.

SIDBI provides different types of financial and non-financial services through its subsidiaries.

Exercise Q.5 | Q 3 | Page 136

Justify the following statement.

The NABARD has been recognized as the apex institution for agricultural finance.

Exercise Q.5 | Q 4 | Page 136

Justify the following statement.

KVIC plays an important role in the development of entrepreneurship.

Exercise Q.5 | Q 5 | Page 136

Justify the following statement.

Mutual Trust is the soul of SHG.

Exercise Q.5 | Q 6 | Page 136

Justify the following statement.

SHGS plays an important role in the empowerment of women.

Exercise Q.5 | Q 7 | Page 136

Justify the following statement.

World Bank plays a vital role in social development.

Exercise Q.6 [Pages 136 - 137]

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]

Exercise Q.6 | Q 1 | Page 136

Attempt the following.

State the different forms of finance provided by SIDBI.

Exercise Q.6 | Q 2 | Page 136

Attempt the following.

State the role of SIDBI in sustainable development.

Exercise Q.6 | Q 3 | Page 136

Attempt the following.

Explain the role of NABARD in financing rural industries.

Exercise Q.6 | Q 4 | Page 136

Attempt the following.

Explain the objectives of KVIC.

Exercise Q.6 | Q 5 | Page 137

Attempt the following.

Explain the role of KVIC in employment generation.

Exercise Q.6 | Q 6 | Page 137

Attempt the following.

Explain in detail the democratic setup in SHGs.

Exercise Q.6 | Q 7 | Page 137

Attempt the following.

Explain organizational structure of World Bank.

Exercise Q.7 [Page 137]

Balbharati solutions for Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board 6 Institutes Supporting Business Exercise Q.7 [Page 137]

Exercise Q.7 | Q 1 | Page 137

Answer the following:

Write important features of SIDBI.

Exercise Q.7 | Q 2 | Page 137

Answer the following:

Write important features of NABARD.

Exercise Q.7 | Q 3 | Page 137

Answer the following:

Write important features of KVIC.

Exercise Q.7 | Q 4 | Page 137

Answer the following:

Write important features of SHGs.

Exercise Q.7 | Q 5 | Page 137

Answer the following:

Write important features of the World Bank.

Solutions for 6: Institutes Supporting Business

Exercise Q.1Exercise Q.2Exercise Q.3Exercise Q.4Exercise Q.5Exercise Q.6Exercise Q.7
Balbharati solutions for Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board chapter 6 - Institutes Supporting Business - Shaalaa.com

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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