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HSC Commerce: Marketing and Salesmanship 11th Standard - Maharashtra State Board Question Bank Solutions for Organisation of Commerce and Management

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Organisation of Commerce and Management
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Correct the underlined word and rewrite the following sentence.

There is less secrecy in Sole Trading concern.

[4] Forms of Business Organisation - 1
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Explain the following term/concept:

Sole Trading Concern.

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Distinguish between Sole Trading Concern and Partnership Firm.

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Answer in brief.

State any four features of Sole Trading Concern.

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Justify the following statement.

Liability of a ‘Sole trader’ is Unlimited.

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Justify the following statement.

Sole proprietorship is useful for small business.

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Attempt the following:

Explain the features of Sole Trading Concern.

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Select the correct Option and rewrite the sentence.

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

[6] Institutes Supporting Business
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Select the correct Option and rewrite the sentence.

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

[6] Institutes Supporting Business
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Select the correct Option and rewrite the sentence.

___________ is Principal Financial Institution for Promotion, the Micro, Small and Medium Enterprise (MSME) sector 1n India.

[6] Institutes Supporting Business
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Give one word/phrase/term:

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

[6] Institutes Supporting Business
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Give one word/phrase/term:

Advisor and mentor for MSMEs.

[6] Institutes Supporting Business
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Give one word/phrase/term:

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

[6] Institutes Supporting Business
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Give one word/phrase/term:

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

[6] Institutes Supporting Business
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State True or False.

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

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State True or False.

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

[6] Institutes Supporting Business
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State True or False.

SIDBI has its head office at Mumbai.

[6] Institutes Supporting Business
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State True or False.

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

[6] Institutes Supporting Business
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Complete the sentence.

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

[6] Institutes Supporting Business
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Complete the sentence.

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

[6] Institutes Supporting Business
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