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11th Standard English Medium Commerce Subject Micro, Small and Medium Enterprises (MSMEs) and Self Help Groups (SHGs) Creative 2 Mark Questions with Solution Part - I

Published on: 26/06/2021

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Creative Questions in class 11 Commerce Subject. It will helps to get more idea about question pattern in every Creative questions with solution.

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Std: 11th Standard - Commerce

chapter: - Creative Questions

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Questions:

Generic 2

5 x 2 = 10

What is meant by MUDRA Bank?

Give examples for Public Sector Banks.

State the investment limit for micro enterprise in manufacturing and service sector.

Expand MUDRA bank.

What are all the activities engaged by Micro enterprises?

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Answers Key:

Generic 2

5 x 2 = 10

The Government of India has launched MUDRA Bank with a capital amount of Rs.20,000 crore, and credit guarantee corpus of Rs.3,000 crore, to help Micro Small and Medium Enterprises (MSMEs) and startups to resolve problems relating to financing.

State Bank of India, Indian Bank, Indian Overseas Bank, Canara Bank.

Enterprise	Manufacturing Sector	Service Sector
Micro Enterprise	Does not exceed Rs.25 Lakhs.	Does not exceed Rs.10 Lakhs.

Micro Units Development Refinance Agency Bank.

Micro enterprises are engaged in low scale activities such as clay pot making, fruits and vegetable vendors, transport (three wheeler tempos and autos), repair shops, cottage industries, small industries, handlooms, handicraft works etc.