CBSE Class 11 Business Studies Worksheet Set 07 Solved

1. What is a small scale industry? 

2. What is a tiny industrial unit? 

3. Explain the incentives provided by government for industries in backward and hilly area. 

4. Describe the role of small business in rural India. 

5. Mention the features of Departmental Stores. 56 Explain the various services provided by retailers to consumers.

VALUE POINTS 

1. A small scale industry is defined as one in which the investment in fixed assets of plant and machinery does not exceed rupees one crore.

2. A tiny industrial unit is defined as one in which the investment in plant and machinery is not more than 25 lakhs.

3. The various incentives provided by the government for industries in backward and hilly areas are:

a. Land
b. Power
c. Water
d. Finance
e. Industrial estates
f. Tax holiday
g. Raw materials

Any 3 points with explanation

4. Role of small business in Rural India

a. Provide employment opportunity
b. Prevent migration of rural population to urban areas
c. Contributes to balanced regional development
d. Participate in wide range of non-agricultural activities
e. Provide wide variety of products
f. Help in industrial growth

Any 4 points with explanation

5. Features of Departmental Stores :

a. Located at central place
b. These are large scale fixed stores
c. It combines both retailing and warehousing
d. They have centralized purchases and decentralized sales.
e. It provides additional facilities

Point with explanation

6. Services provided by retailers to consumers :

a. Regular availability of products
b. New products information
c. Convenience in buying
d. Wide selection
e. After sale services
f. Credit facilities

Please click on below link to download CBSE Class 11 Business Studies Worksheet Set G Solved