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11th Standard English Medium Commerce Subject Micro, Small and Medium Enterprises (MSMEs) and Self Help Groups (SHGs) Book Back 2 Mark Questions with Solution updated Book back Questions

Published on: 13/05/2022

QB365 provides detailed and simple solution for every Book back Questions in class 11 Commerce Subject. It will helps to get more idea about question pattern in every book back questions with solution.

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Download Tamil Nadu 11th Standard Commerce question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.

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Std: 11th Standard - Commerce

chapter: - Book back Questions

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Questions:

Generic 2

5 x 2 = 10

State the Investment Limit for Small Enterprise in manufacturing and service sector.

What is a Self Help Group?

What is the aim of NEEDS?

Give some examples for Micro Enterprises.

What do you understand by the Manufacturing Enterprises?

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Answers Key:

Generic 2

5 x 2 = 10

Enterprise	Manufacturing sector	Service sector
A small enterprise	More than Rs.25 lakhs but not exceeding Rs.5 crores.	More than Rs.10 lakhs but not exceeding Rs.2 crores.

(i) Self Help Group is a small Informal Voluntary Association.
(ii) It is created for the purpose of enabling members to Reap Economic benefit out of Mutual Help, solidarity, and Joint Responsibility.

Government of Tamil Nadu launched "New Entrepreneur-cum-Enterprise Development Scheme (NEEDS)" with a view to encourage the educated youth to become the first generation entrepreneurs.

Micro Enterprises are engaged in low scale activities such as clay pot making, fruits and vegetable vendors, transports (three wheeler tempos and autos), repair shops, cottage Industries, small Industries, handloom, handicraft works, etc.

Manufacturing Enterprises refer to the enterprises engaged in the manufacturing or production of goods pertaining to any industry specified in the first schedule to the Industries (Development and Regulation) Act, 1951.