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Small Business Test - 4

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Small Business Test - 4
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Weekly Quiz Competition
  • Question 1
    1 / -0

    Which of the following is a main problem for small business?

    Solution

    The problems of traditional small scale units include remote location with less developed infrastructural facilities, lack of managerial talent, poor quality, traditional technology and inadequate availability of finance.

  • Question 2
    1 / -0

    ISO 9000 is concerned with

    Solution

    ISO 9000 is concerned with Quality. There is limited access to markets of developed countries due to the stringent requirements of quality certification like ISO 9000.

  • Question 3
    1 / -0

    Expand NABARD

    Solution

    NABARD was setup in 1982 to promote integrated rural development. Since then, it has been adopting a multi-pronged, multi-purpose strategy for the promotion of rural business enterprises in the country.

  • Question 4
    1 / -0

    Expand RSBDC

    Solution

    RSBDC has organised several programmes on rural entrepreneurship, skill upgradation workshops, mobile clinics and trainers training programmes, awareness and counselling camps in various villages of Noida, Greater Noida and Ghaziabad.

  • Question 5
    1 / -0

    NABARD was setup in __________

    Solution

    NABARD was setup in 1982 to promote integrated rural development. Since then, it has been adopting a multi-pronged, multi-purpose strategy for the promotion of rural business enterprises in the country.

  • Question 6
    1 / -0

    Expand NSIC

    Solution

    National small industries corporation was set up in1955 with a view to promote, aid and foster the growth of small business units in the country. This focuses on the commercial aspects of these functions.

  • Question 7
    1 / -0

    NSIC was setup in

    Solution

    NSIC was set up in1955 with a view to promote, aid and foster the growth of small business units in the country. This focuses on the commercial aspects of these functions.

  • Question 8
    1 / -0

    Expand SIDBI

    Solution

    Small industries development bank of India (SIDBI)Set up as an apex bank to provide direct/indirect financial assistance under different schemes, to meet credit needs of small business organisations.

  • Question 9
    1 / -0

    The District Industries Centers Programme was launched on

    Solution

    The District Industries Centers Programme was launched on May 1, 1978, with a view to providing an integrated administrative framework at the district level, which would look at the problems of industrialisation in the district, in a composite manner.

  • Question 10
    1 / -0

    Exemption from paying taxes for 5 ot 10 years is known as _________.

    Solution

    Exemption from paying taxes for 5 ot 10 years is known asTax Holiday. Exemption from paying taxes for 5 or 10 years is given to industries established in backward, hilly and tribal areas.

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