{"id":105602,"date":"2021-08-03T18:11:00","date_gmt":"2021-08-03T12:41:00","guid":{"rendered":"https:\/\/www.kopykitab.com\/blog\/?p=105602"},"modified":"2021-08-18T13:52:41","modified_gmt":"2021-08-18T08:22:41","slug":"ncert-solutions-for-class-11-business-studies-chapter-9","status":"publish","type":"post","link":"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-9\/","title":{"rendered":"Class 11 Business Studies NCERT Solutions for Chapter 9 2021"},"content":{"rendered":"\n<p><img class=\"alignnone size-full wp-image-107406\" src=\"https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/07\/bs9.jpg\" alt=\"NCERT Solutions for Class 11 Business Studies Chapter 9\" width=\"1227\" height=\"690\" srcset=\"https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/07\/bs9.jpg 1227w, https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/07\/bs9-768x432.jpg 768w\" sizes=\"(max-width: 1227px) 100vw, 1227px\" \/><\/p>\n<p><b>NCERT Solutions for Class 11 Business Studies Chapter 9:<\/b><span style=\"font-weight: 400;\"> All NCERT answers for Class 11 Business Studies Chapter 9 can be found here. If you are a Class 11 student studying Business Studies with the NCERT Textbook, you will come across Chapter 9 Small Business and Entrepreneurship. You should be seeking answers to the lesson&#8217;s questions once you&#8217;ve finished studying it. NCERT Solutions for <a href=\"https:\/\/www.kopykitab.com\/Class-11-Business-Studies\" target=\"_blank\" rel=\"noopener\">Class 11 Business Studies Chapter 9<\/a> Small Business and Entrepreneurship are available here.<\/span><\/p>\n<ul>\n<li><strong><a href=\"https:\/\/www.kopykitab.com\/blog\/cbse-class-11-business-studies-ncert-solutions\/\" target=\"_blank\" rel=\"noopener\">NCERT Solutions for Class 11 Business Studies<\/a><\/strong><\/li>\n<\/ul>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_47_1 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"ez-toc-toggle-icon-1\"><label for=\"item-69d3d19924044\" aria-label=\"Table of Content\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;direction:ltr;\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><input  type=\"checkbox\" id=\"item-69d3d19924044\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-visibility-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-9\/#ncert-solutions-for-class-11-business-studies-chapter-9\" title=\"NCERT Solutions for Class 11 Business Studies Chapter 9\">NCERT Solutions for Class 11 Business Studies Chapter 9<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-9\/#download-class-11-business-studies-ncert-solutions-for-chapter-9-free-pdf\" title=\"Download Class 11 Business Studies NCERT Solutions for Chapter 9 Free PDF\">Download Class 11 Business Studies NCERT Solutions for Chapter 9 Free PDF<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-9\/#ncert-solutions-for-class-11-business-studies-chapter-9-important-concepts\" title=\"NCERT Solutions for Class 11 Business Studies Chapter 9 | Important Concepts\">NCERT Solutions for Class 11 Business Studies Chapter 9 | Important Concepts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-9\/#access-the-ncert-solution-for-class-11-business-studies-chapter-9-%e2%80%93-small-business-and-entrepreneurship\" title=\"Access the Ncert Solution For Class 11 Business Studies chapter 9 \u2013 Small Business and Entrepreneurship\">Access the Ncert Solution For Class 11 Business Studies chapter 9 \u2013 Small Business and Entrepreneurship<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-9\/#short-questions-for-ncert-business-studies-solutions-class-11-chapter-9\" title=\"Short Questions for NCERT Business Studies Solutions Class 11 Chapter 9\">Short Questions for NCERT Business Studies Solutions Class 11 Chapter 9<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-9\/#1-what-are-the-different-parameters-used-to-measure-the-size-of-the-business\" title=\"1. What are the different parameters used to measure the size of the business?\">1. What are the different parameters used to measure the size of the business?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-9\/#2-what-is-the-definition-used-by-government-of-india-for-small-scale-industries\" title=\"2. What is the definition used by Government of India for small scale industries?\">2. What is the definition used by Government of India for small scale industries?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-9\/#3-how-would-you-differentiate-between-an-ancillary-unit-and-a-tiny-unit\" title=\"3. How would you differentiate between an ancillary unit and a tiny unit?\">3. How would you differentiate between an ancillary unit and a tiny unit?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-9\/#4-state-the-features-of-cottage-industries\" title=\"4. State the features of cottage industries.\">4. State the features of cottage industries.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-9\/#long-questions-for-ncert-business-studies-solutions-class-11-chapter-9\" title=\"Long Questions for NCERT Business Studies Solutions Class 11 Chapter 9\">Long Questions for NCERT Business Studies Solutions Class 11 Chapter 9<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-9\/#1-how-do-small-scale-industries-contribute-to-the-socio-economic-development-of-india\" title=\"1. How do small scale industries contribute to the socio-economic development of India?\">1. How do small scale industries contribute to the socio-economic development of India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-9\/#2-describe-the-role-of-small-business-in-rural-india\" title=\"2. Describe the role of small business in rural India.\">2. Describe the role of small business in rural India.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-9\/#3-discuss-the-problems-faced-by-small-scale-industries\" title=\"3. Discuss the problems faced by small scale industries.\">3. Discuss the problems faced by small scale industries.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-9\/#4-what-measures-has-the-government-taken-to-solve-the-problems-of-finance-and-marketing-in-the-small-scale-sector\" title=\"4. What measures has the government taken to solve the problems of finance and marketing in the small scale sector?\">4. What measures has the government taken to solve the problems of finance and marketing in the small scale sector?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-9\/#5-what-are-the-incentives-provided-by-the-government-for-industries-in-backward-and-hilly-areas\" title=\"5. What are the incentives provided by the government for industries in backward and hilly areas?\">5. What are the incentives provided by the government for industries in backward and hilly areas?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-9\/#access-other-chapters-ncert-solutions-of-class-11-business-studies-%e2%80%93\" title=\"Access Other Chapters NCERT Solutions of Class 11 Business Studies \u2013\u00a0\">Access Other Chapters NCERT Solutions of Class 11 Business Studies \u2013\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-9\/#faqs-on-class-11-business-studies-ncert-solutions-for-chapter-9\" title=\"FAQs on Class 11 Business Studies NCERT Solutions for Chapter 9\">FAQs on Class 11 Business Studies NCERT Solutions for Chapter 9<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-9\/#what-is-the-definition-of-business-finance-what-is-the-necessity-for-finances-in-a-business-explain\" title=\"What is the definition of business finance? What is the necessity for finances in a business? Explain.\">What is the definition of business finance? What is the necessity for finances in a business? Explain.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-9\/#is-it-possible-to-view-chapter-9-while-offline\" title=\"Is it possible to view Chapter 9 while offline?\">Is it possible to view Chapter 9 while offline?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-9\/#what-are-the-many-factors-used-to-determine-the-size-of-a-company\" title=\"What are the many factors used to determine the size of a company?\">What are the many factors used to determine the size of a company?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-9\/#where-can-we-get-the-pdf-for-ncert-solutions-for-class-11-business-studies-chapter-9\" title=\"Where can we get the PDF for NCERT Solutions for Class 11 Business Studies Chapter 9?\">Where can we get the PDF for NCERT Solutions for Class 11 Business Studies Chapter 9?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-9\/#what-does-it-cost-to-obtain-ncert-solutions-for-class-11-business-studies-chapter-9-pdf\" title=\"What does it cost to obtain NCERT Solutions for Class 11 Business Studies Chapter 9 PDF?\">What does it cost to obtain NCERT Solutions for Class 11 Business Studies Chapter 9 PDF?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"ncert-solutions-for-class-11-business-studies-chapter-9\"><\/span><b>NCERT Solutions for Class 11 Business Studies Chapter 9<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a href=\"https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/07\/bs9.pdf\" target=\"_blank\" rel=\"noopener\">NCERT Solutions for Class 11 Business Studies Chapter 9<\/a><\/p>\n<div id=\"example1\" style=\"text-align: justify;\">\u00a0<\/div>\n<p style=\"text-align: justify;\"><style>\n.pdfobject-container { height: 500px;}<br \/>\n.pdfobject { border: 1px solid #666; }<br \/>\n<\/style><\/p>\n<p style=\"text-align: justify;\"><script src=\"https:\/\/www.kopykitab.com\/_utility\/js\/pdfobject.min.js\"><\/script><br \/><script>PDFObject.embed(\"https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/07\/bs9.pdf\", \"#example1\");<\/script><\/p>\n<h2><span class=\"ez-toc-section\" id=\"download-class-11-business-studies-ncert-solutions-for-chapter-9-free-pdf\"><\/span><b>Download <\/b><strong>Class 11 Business Studies NCERT Solutions for Chapter 9 Free PDF<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: center;\"><a style=\"width: auto; padding: 18px; cursor: pointer; font-weight: bold; border-radius: 40px; color: #ffffff; background: #ff4500;\" href=\"https:\/\/www.kopykitab.com\/blog\/wp-content\/uploads\/2021\/07\/bs9.pdf\" target=\"_blank\" rel=\"noopener\">Click Here<\/a><\/p>\n<p><span style=\"font-weight: 400;\">Students can understand the concepts without any hassle. To understand the NCERT Solutions of Class 11 Business Studies and excel in their Business skills, you can download its PDF. The PDF is available both online and offline.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"ncert-solutions-for-class-11-business-studies-chapter-9-important-concepts\"><\/span><b>NCERT Solutions for Class 11 Business Studies Chapter 9 <\/b><b>| Important Concepts<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">A small company<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Small-scale industries&#8217; nature<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Small-scale administrative setup<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The importance of small businesses in India<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">India&#8217;s Small Business Challenges<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">In rural backward and hilly areas, the government provides help and specific programmes for industries.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The National Bank for Agriculture and Rural Development (NABARD) is a financial institution that focuses on agriculture and rural development.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">The Rural Small Business Development Centre (RSBDC) is a non-profit organisation dedicated to assisting small businesses in rural areas.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">NSIC (National Small Industries Corporation) is a private company based in the United Kingdom.<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Small Industries Development Bank of India (SIDBI)<\/span><\/li>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">Rural and Women Entrepreneurship Development (RWED) is an acronym for Rural and Women Entrepreneurship Development.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">NCERT Solutions Chapter 9 for Class 11 Business Studies gives a wide range of informative examples to assist students understand and learn rapidly. The examples listed above are from the CBSE Class 11 curriculum.<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"access-the-ncert-solution-for-class-11-business-studies-chapter-9-%e2%80%93-small-business-and-entrepreneurship\"><\/span>Access the Ncert Solution For Class 11 Business Studies chapter 9 \u2013 Small Business and Entrepreneurship<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"short-questions-for-ncert-business-studies-solutions-class-11-chapter-9\"><\/span><strong>Short Questions for NCERT Business Studies Solutions Class 11 Chapter 9<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3><span class=\"ez-toc-section\" id=\"1-what-are-the-different-parameters-used-to-measure-the-size-of-the-business\"><\/span><strong>1. What are the different parameters used to measure the size of the business?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Some of the important parameters that is used to measure the size of business are:<\/p>\n<p>1. Capital invested in the business<\/p>\n<p>2. Number of units produced by business<\/p>\n<p>3. Total number of persons employed by business<\/p>\n<p>4. Value of output of the goods produced<\/p>\n<p>5. Power consumed by the business<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2-what-is-the-definition-used-by-government-of-india-for-small-scale-industries\"><\/span><strong>2. What is the definition used by Government of India for small scale industries?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>As per Government of India, small scale industries are those industries where manufacturing, rendering and production of services are done on small scale. Here the investment is one time and the value is around 1 crore. The investment is done on machinery and plants. However some export oriented units make use of modern machinery for production and the costs can go up to 5 crore for the same.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3-how-would-you-differentiate-between-an-ancillary-unit-and-a-tiny-unit\"><\/span><strong>3. How would you differentiate between an ancillary unit and a tiny unit?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div>\n<table>\n<tbody>\n<tr>\n<td>\n<p><strong>Basis of Comparison<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Ancillary industrial units<\/strong><\/p>\n<\/td>\n<td>\n<p><strong>Tiny units<\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Definition<\/p>\n<\/td>\n<td>\n<p>Units supplying 50% of production to the parent industries are known as ancillary units.<\/p>\n<\/td>\n<td>\n<p>Industries that invest less in their machinery till 25 lakh are known as tiny units.<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Investment limit<\/p>\n<\/td>\n<td>\n<p>Investment can go up to 1 crore<\/p>\n<\/td>\n<td>\n<p>Investment can be till 25 lakh<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Obligation<\/p>\n<\/td>\n<td>\n<p>These units supply 50% of their production to the parent company.<\/p>\n<\/td>\n<td>\n<p>There exists no such rules or obligations<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Examples<\/p>\n<\/td>\n<td>\n<p>Examples of such industries will be those involved in production of tools, machine spare parts, utilities for the primary industries.<\/p>\n<\/td>\n<td>\n<p>Example of such units are shops selling stationery, photocopy centers.<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<h3><span class=\"ez-toc-section\" id=\"4-state-the-features-of-cottage-industries\"><\/span><strong>4. State the features of cottage industries.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Cottage industries are characterized by the following features:<\/p>\n<p>1. These industries are owned by individuals who have invested their resources into these units.<\/p>\n<p>2. Such type of industries do not hire many labors, it is mostly operated by family members.<\/p>\n<p>3. Skills required for maintaining a cottage industry is available within particular families.<\/p>\n<p>4. The amount of capital invested is very less.<\/p>\n<p>5. Production techniques are indigenous which requires labor-intensive work.<\/p>\n<p>6. The production is primarily for consumption by self and family, while some portion of it is sold in the market to earn some money.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"long-questions-for-ncert-business-studies-solutions-class-11-chapter-9\"><\/span><strong>Long Questions for NCERT Business Studies Solutions Class 11 Chapter 9<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<h3><span class=\"ez-toc-section\" id=\"1-how-do-small-scale-industries-contribute-to-the-socio-economic-development-of-india\"><\/span><strong>1. How do small scale industries contribute to the socio-economic development of India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Small scale industries contribute for socio-economic development in the following ways:<\/p>\n<p>1. Small scale industries constitute the largest share of industries in India. It accounts for around 45% of total exports. Some of the most prominent industries are gems and jewellery, sports goods, handicrafts etc.<\/p>\n<p>2. Small scale industries employs the second most number of people only after agriculture and also generate more opportunities for employment as per capital invested.<\/p>\n<p>3. By manufacturing simple products with minimum capital investment they benefit the people of the region and help eradicate regional imbalances with respect to industrial development.<\/p>\n<p>4. By ensuring rapid decision making it is enabling faster implementation of projects that results in enhanced output.<\/p>\n<p>5. It requires very less capital to start, so it is providing a means to interested citizens to become self-employed<\/p>\n<p>6. Custom made products for the citizens who want customized solutions.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2-describe-the-role-of-small-business-in-rural-india\"><\/span><strong>2. Describe the role of small business in rural India.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Small scale businesses help the economy in following ways:<\/p>\n<p>1. Small scale industries especially rural and cottage industries play a major role in providing employment opportunities to the population in rural areas. It is very helpful for people who are economically weak.<\/p>\n<p>2. Small scale industries play a role in distribution of income by providing the opportunity to set up industries all across the country.<\/p>\n<p>3. As small scale businesses are active throughout the year they provide employment opportunities round the year and hence help in combating seasonal unemployment and improve conditions of the rural people.<\/p>\n<p>4. Small scale businesses help drive the growth of economy. It accounts for 45% of overall exports which greatly contributes to economy.<\/p>\n<p>5. It helps in developing the rural areas and stops inflow of rural population into urban areas in search of employment.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3-discuss-the-problems-faced-by-small-scale-industries\"><\/span><strong>3. Discuss the problems faced by small scale industries.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Small scale industries face the following problems:<\/p>\n<p>1. There exists lack of funds for people starting in this sector as investment is mostly self-financed and the other source of funds can be from moneylenders or local financial agencies or agents.<\/p>\n<p>2. Small industries often face shortage of raw materials due to unavailability of finance, also the lack of a proper supply chain and logistics in rural areas results in shortage of raw materials that hinders proper functioning.<\/p>\n<p>3. As the wages are less, they are able to hire semi-skilled labourers which results in lack of talented manpower that impacts their efficiency.<\/p>\n<p>4. The small scale industries are unable to spend more on marketing due to lack of funds<\/p>\n<p>5. The products need to be sold in the market and this is done by help of middlemen, that leads to eating away of profit.<\/p>\n<p>6. There are many small scale industries that make use of outdated and also obsolete. It lowers productivity and renders operations non-feasible.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4-what-measures-has-the-government-taken-to-solve-the-problems-of-finance-and-marketing-in-the-small-scale-sector\"><\/span><strong>4. What measures has the government taken to solve the problems of finance and marketing in the small scale sector?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>These are some of steps taken by a government for promoting business in small scale:<\/p>\n<p>1. Established National Bank for Agriculture and Rural Development (NABARD) so that rural development can be promoted. This organisation is mainly involved in providing easy and cheap credit facility to small scale industries, cottage industries and rural industries.<\/p>\n<p>2. SIDBI or Small Industries Development Bank of India was setup to help in providing financial assistance to small scale industries.<\/p>\n<p>3. World Association for Small and Medium Enterprises or WASME is an international non-governmental organisation that helps address the problems of medium and small sized enterprises. It has started a committee for Rural Industrialisation for designing a model for the growth and development of rural industries.<\/p>\n<p>4. The government setup NSIC or National Small Industries Corporation in 1955 to promote, foster and aid the growth of small business in the country.<\/p>\n<p>5. NCEUS or The National Commission for Enterprises in the Unorganized Sector was formed in September 2004 with the primary objective of improving the small scale industries and enhance their global competitiveness. It focuses in solving problems faced by small enterprises in the unorganized sector.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"5-what-are-the-incentives-provided-by-the-government-for-industries-in-backward-and-hilly-areas\"><\/span><strong>5. What are the incentives provided by the government for industries in backward and hilly areas?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The following incentives are offered by the Government in backward and hilly areas:<\/p>\n<p>1. Land: The government has offered lands at reduced rates in order to encourage setting up of small industries.<\/p>\n<p>2. Banking and Finance: The government is offering subsidies in loan amount up to 10-15% for establishing business in backward areas. This is done to encourage business, and capital is very much essential to start business.<\/p>\n<p>3. Raw Materials: Availability of raw materials for setting up industries in hilly or backward areas is very scarce, so the government has made sure to provide the raw materials such as cement, steel and iron to expedite industry set up.<\/p>\n<p>4. Tax exemption: Government has encouraged new business by promising tax exemption for industries in backward areas.<\/p>\n<p>5. Power: Electricity is essential for a business and machinery, so to help more business to start government is providing electricity at 50% discounted rate.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"access-other-chapters-ncert-solutions-of-class-11-business-studies-%e2%80%93\"><\/span><b>Access Other Chapters NCERT Solutions of Class 11 Business Studies \u2013\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">You can download the PDF of NCERT Solutions Class 11 Business studies for other Chapters:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-1\/\"><span style=\"font-weight: 400;\">Chapter 1<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-2\/\"><span style=\"font-weight: 400;\">Chapter 2<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-3\/\"><span style=\"font-weight: 400;\">Chapter 3<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-4\/\"><span style=\"font-weight: 400;\">Chapter 4<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-5\/\"><span style=\"font-weight: 400;\">Chapter 5<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-6\/\"><span style=\"font-weight: 400;\">Chapter 6<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-7\/\"><span style=\"font-weight: 400;\">Chapter 7<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-8\/\"><span style=\"font-weight: 400;\">Chapter 8<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-10\/\"><span style=\"font-weight: 400;\">Chapter 10<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-11\/\"><span style=\"font-weight: 400;\">Chapter 11<\/span><\/a><\/li>\n<\/ul>\n<p><b>All the best to the students appearing for the Class 11th board exam. Here is the detailed blog of NCERT Solutions Class 11 Business Studies Chapter 9. For further queries regarding the <a href=\"https:\/\/www.cbse.gov.in\/\" target=\"_blank\" rel=\"noopener\">CBSE<\/a> Class 11th exam, you can ask in the comment box.\u00a0<\/b><\/p>\n<h2><span class=\"ez-toc-section\" id=\"faqs-on-class-11-business-studies-ncert-solutions-for-chapter-9\"><\/span><b>FAQs on <\/b><strong>Class 11 Business Studies NCERT Solutions for Chapter 9<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n<div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-question-1626437814291\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"what-is-the-definition-of-business-finance-what-is-the-necessity-for-finances-in-a-business-explain\"><\/span><strong>What is the definition of business finance? What is the necessity for finances in a business? Explain.<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>1. An organisation needs machinery, a structure, and furnishings to begin operations, and money is required to purchase all of these goods. This is referred to as fixed capital requirement, and the amount varies depending on the type of business.<br \/>2. Day-to-day activities, such as acquiring raw materials, need recurring money, often known as working capital.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1628074486391\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"is-it-possible-to-view-chapter-9-while-offline\"><\/span><strong>Is it possible to view Chapter 9 while offline?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Yes, you may view Chapter 9 while you&#8217;re not connected to the internet.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1628074505625\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"what-are-the-many-factors-used-to-determine-the-size-of-a-company\"><\/span><strong>What are the many factors used to determine the size of a company?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>The following are some of the key factors that are used to determine the size of a company:<br \/>1. The amount of money that has been put into the company<br \/>2. The number of units produced by the company<br \/>3. Total number of people employed by the company<br \/>4. The value of the products generated as a result of the output<br \/>5. The amount of energy used by the company<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1628074527590\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"where-can-we-get-the-pdf-for-ncert-solutions-for-class-11-business-studies-chapter-9\"><\/span><strong>Where can we get the PDF for NCERT Solutions for Class 11 Business Studies Chapter 9?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>It&#8217;s available for download from the above blog.<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-question-1628074544009\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"what-does-it-cost-to-obtain-ncert-solutions-for-class-11-business-studies-chapter-9-pdf\"><\/span><strong>What does it cost to obtain NCERT Solutions for Class 11 Business Studies Chapter 9 PDF?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>It is completely free.<\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>NCERT Solutions for Class 11 Business Studies Chapter 9: All NCERT answers for Class 11 Business Studies Chapter 9 can be found here. If you are a Class 11 student studying Business Studies with the NCERT Textbook, you will come across Chapter 9 Small Business and Entrepreneurship. You should be seeking answers to the lesson&#8217;s &#8230; <a title=\"Class 11 Business Studies NCERT Solutions for Chapter 9 2021\" class=\"read-more\" href=\"https:\/\/www.kopykitab.com\/blog\/ncert-solutions-for-class-11-business-studies-chapter-9\/\" aria-label=\"More on Class 11 Business Studies NCERT Solutions for Chapter 9 2021\">Read more<\/a><\/p>\n","protected":false},"author":249,"featured_media":107406,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":""},"categories":[2934],"tags":[76318,3570,76237,76326],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts\/105602"}],"collection":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/users\/249"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/comments?post=105602"}],"version-history":[{"count":5,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts\/105602\/revisions"}],"predecessor-version":[{"id":113777,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/posts\/105602\/revisions\/113777"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/media\/107406"}],"wp:attachment":[{"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/media?parent=105602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/categories?post=105602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kopykitab.com\/blog\/wp-json\/wp\/v2\/tags?post=105602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}