PRACTICE TEST-1
CLASS: XI
SUBJECT: BUSINESS STUDIES
NATURE AND PURPOSE OF BUSINESS
Time : 50 minutes M.M. : 25
1. When is the maximum possibility of business risk? 1
2 Point out the example of activity which at one time is economic and at other time no economic. 1
3. Mr. Purohit is a student of Class XI. He has full knowledge of all the characteristics of business. He is advising one of his friends that „Business is a bed of roses, so there is no harm in adopting it as a „career‟. Do you think Purohit is right is saying so? 1
4. To which auxiliary to trade is related the following statement? 1
i. information is business has a special significance
ii. Business can‟t be run without funds
5. Pardeep and Vijay are two friends. Both of them are doing different business. Pardeep‟s business facing changes in fashion and change in policies and he is also very upset because of tough competition. On the other hand, there is a great hurdle is there in Vijay‟s business because of the dishonesty of employees, dishonesty of customers and stricker and Lockouts. Point out the type of business risk the two friends are undergoing / suffering from. 4
6. Barkha had some such book as were rare in the market. One of her friends needed these books. Barkha sold out all those books of hers to her friends for Rs. 500 and earned a profit of Rs.1500. Can this activity of hers be called a business? Give two reasons justify your answer. 4
7. Differentiate between the following activities into business profession and employment. 4
1. Sohan is selling books on behalf of his employer
2. Reeta is participating law or doing legal practice
3. Kiran is running his private clinic
4. Chandni who a cart-vendor is selling toys in a fair
8. A famous doctor charges highly for consultation from his patients and refuses to treat the poor patients without consultation charges. He pays attention to the MR (Medical Representative) and Agents of Pharma Company and takes gifts and commission from them also. In your view, is it professional behaviour of doctor? Is he following the code of conduct of doctor? Write any three value which are not followed by doctor. 5
9. Anil, Sunil and Gita are friends. They are pursuing their MBA from IIMT, Banaras, while having a coffee during break time, they were discussing their future plans. Anil said he is planning to help his father by joining his printing press after competing MBA, Sunil on the other hand, wanted to get a job in some big company through institutions placement call. Since Gita loves children, she shared her willingness to join an NGO and use her knowledge and skill to help the under privileged children.
a) Identify and give two points of difference between Anil‟s and Sunil‟s plans?
b) How would you classify the activity which Gita is willing to pursue after college?
c) By quoting the line state the values depicted in the case.
PRACTICE TEST-2
CLASS: XI
SUBJECT: BUSINESS STUDIES
NATURE AND PURPOSE OF BUSINESS
Time : 50 minutes M.M. : 25
1. Name the document that contains all the terms and conditions of running the partnership? 1
2 Write the full name form of CIN. 1
3. What can be the maximum number of members in a Cooperative Society? 1
4. Rajesh and Ranjeet bought 20 quintal of sugar and both of them divided it equally between themselves. Are Rajesh and Ranjeet partners? Explain. 1
5. There are eight members in a private company, all of them are sailing in a boat in sea and are on a sight seeing trip. All of a sudden a storm starts blowing and all of them die. Will their company become non-existent with their death? 1
6. “From the point of view of management, sole trade organisation is the worst form of trade organisation”. Do you agree with this statement? If yes, then support your view by reasons? 4
7. You are a student of class XII you have full knowledge of different forms of business organisation. Mr. Rohan wants to set up a business. He needs your help in choosing a business organisation. He has two main expectation from the business organisation:
i. Limited Liability
ii. Continuity
What suggestion will you give to Mr. Rohan and Why? 4
8. You are a business consultant. Mr. Singh has recently retired from government service. He is 60 years old and he wants to set up a factory in order to manufacture plastic goods. He has come to consult you that you suggest to him a suitable form of business organisation. The followings are his main expectations from the business organisation. 4
i. Easy formation
ii. Flexibility in operation
iii. Sharing of profit with limited person
iv. Sufficient persons to look after various business activities
Which from of business will you suggest to Mr. Singh and why?
9. Which form of the business organisation gives all the rights to a miner member? Explain any three advantages of the above business organisation. 1+3
10. Atul, Bhagwan and Chanchal join together and set up a partnership organisation. They do the wholesale trade of “Ghee”, “Sugar” and “Pulses”. They got a document prepared, which stated the different terms and conditions in order to turn the partnership organisation smoothly and properly.
a. Tell the name of the document prepared and also clarify the
b. Values this document safeguards.
PRACTICE TEST-3
CLASS: XI
SUBJECT: BUSINESS STUDIES
BUSINESS SERVICES
Time : 50 minutes M.M. : 25
1. Name the type of banking in which internet is used to deposit and withdraw money. Give one advantage of such type of banking. 1
2 Roopam took an insurance policy for his car. Within a year he sold the car to his nephew Raghu. The car got stolen. Roopam filed an insurance claim on the insurance company. Company refused the claim, saying that Roopam is not the owner of the car.
Which principle is this based on? State the principle. 1
3. Which bank is known as the „Apex Bank‟ of India? 1
4. What is DTH? How can these services be obtained? 1
5. During the process of providing services, how is the customer involved? Explain with the help of an example. 3
6. An Asthma patient did not disclose this fact while taking life insurance policy. Name and explain the principle violated by him. 3
7. What is electronic media? Explain any two of them. 3
8. What are bonded warehouses? Give any two benefits of these. 3
9. How do banking and insurance facilitate trade and commerce? 4
10. Bank is a financial institution which accepts money on deposits, repayable on demand and also earns a margin of profit by lending money.
In the light of above statement, explain the functions of banking. 5
PRACTICE TEST-4
CLASS: XI
SUBJECT: BUSINESS STUDIES
PUBLIC, PRIVATE AND GLOBAL ENTERPRISES
Time : 50 minutes M.M. : 25
1. Give any one feature of a statutory corporation. 1
2 How is a multinational corporation able to work in various countries? 1
3. Classify the following companies as departmental undertakings, statutory corporations and government companies : RBI, HMT Ltd., Defence, Maruti Udyog Ltd. 1
4. Give names of four MNC‟s operating in India. 1
5. What do you understand by public private partnership? What kind of projects are suitable for them? 3
6. Briefly explain the role of MNC‟s in India. 3
7. “The public corporation has been the most common form of organisation for public enterprises in recent times.” State the characteristics and merits of a public corporation. 3
8. Give three points of difference between public enterprise and private enterprise. 3
9. State three benefits of joint venture. 4
10. “The basic rationale of public sector has changed significantly”. In the light of this statement, state any five steps taken by the government. 5
PRACTICE TEST-5
CLASS: XI
SUBJECT: BUSINESS STUDIES
EMERGING MODES OF BUSINESS
Time : 50 minutes M.M. : 25
1. Differentiate between e-business and e-commerce. 1
2. Give an example of C-2-C. 1
3. What is the procures of getting a business service from an outside agency called? 1
4. Mr. Nikunj uses a card to borrow money from a bank. Which card he uses? 1
5. Mr. Supriyo lives in West Bengal. He has to send books to his daughter living in Delhi within two days. Which service will he use? Why such services are gaining popularity? 3
6. Home Shop 18, Star CJ etc. are tele-shopping channels facilitating telemarketing. Which kind of service is it? What are their customer support services? Why should they be outsourced? Give name of two BPO companies working in India. 3
7. Mr. Nathan needs to transfer his money to his business partner Lalit in Delhi. He uses the new transfer techniques, what is EFT. How it is more reliable and beneficial than the traditional manual transfer. 3
8. What is plastic-money and E-money? If you have to go to on your outstation tour which will you prefer cash, cheques or plastic money? Why? Give three reasons in support of your answer. 3
9. Mr. Sudershan has started a new company. He develops his website and uses all the techniques which are new like E-commerce but to his disappointment he had to face many problems rather than smooth running. He thought he would be able to attain. Explain any four problems he had to face. 4
10. Define E-business, its meaning and scope. State the benefits of E-business.
CLASS: XI
SUBJECT: BUSINESS STUDIES
NATURE AND PURPOSE OF BUSINESS
Time : 50 minutes M.M. : 25
1. When is the maximum possibility of business risk? 1
2 Point out the example of activity which at one time is economic and at other time no economic. 1
3. Mr. Purohit is a student of Class XI. He has full knowledge of all the characteristics of business. He is advising one of his friends that „Business is a bed of roses, so there is no harm in adopting it as a „career‟. Do you think Purohit is right is saying so? 1
4. To which auxiliary to trade is related the following statement? 1
i. information is business has a special significance
ii. Business can‟t be run without funds
5. Pardeep and Vijay are two friends. Both of them are doing different business. Pardeep‟s business facing changes in fashion and change in policies and he is also very upset because of tough competition. On the other hand, there is a great hurdle is there in Vijay‟s business because of the dishonesty of employees, dishonesty of customers and stricker and Lockouts. Point out the type of business risk the two friends are undergoing / suffering from. 4
6. Barkha had some such book as were rare in the market. One of her friends needed these books. Barkha sold out all those books of hers to her friends for Rs. 500 and earned a profit of Rs.1500. Can this activity of hers be called a business? Give two reasons justify your answer. 4
7. Differentiate between the following activities into business profession and employment. 4
1. Sohan is selling books on behalf of his employer
2. Reeta is participating law or doing legal practice
3. Kiran is running his private clinic
4. Chandni who a cart-vendor is selling toys in a fair
8. A famous doctor charges highly for consultation from his patients and refuses to treat the poor patients without consultation charges. He pays attention to the MR (Medical Representative) and Agents of Pharma Company and takes gifts and commission from them also. In your view, is it professional behaviour of doctor? Is he following the code of conduct of doctor? Write any three value which are not followed by doctor. 5
9. Anil, Sunil and Gita are friends. They are pursuing their MBA from IIMT, Banaras, while having a coffee during break time, they were discussing their future plans. Anil said he is planning to help his father by joining his printing press after competing MBA, Sunil on the other hand, wanted to get a job in some big company through institutions placement call. Since Gita loves children, she shared her willingness to join an NGO and use her knowledge and skill to help the under privileged children.
a) Identify and give two points of difference between Anil‟s and Sunil‟s plans?
b) How would you classify the activity which Gita is willing to pursue after college?
c) By quoting the line state the values depicted in the case.
PRACTICE TEST-2
CLASS: XI
SUBJECT: BUSINESS STUDIES
NATURE AND PURPOSE OF BUSINESS
Time : 50 minutes M.M. : 25
1. Name the document that contains all the terms and conditions of running the partnership? 1
2 Write the full name form of CIN. 1
3. What can be the maximum number of members in a Cooperative Society? 1
4. Rajesh and Ranjeet bought 20 quintal of sugar and both of them divided it equally between themselves. Are Rajesh and Ranjeet partners? Explain. 1
5. There are eight members in a private company, all of them are sailing in a boat in sea and are on a sight seeing trip. All of a sudden a storm starts blowing and all of them die. Will their company become non-existent with their death? 1
6. “From the point of view of management, sole trade organisation is the worst form of trade organisation”. Do you agree with this statement? If yes, then support your view by reasons? 4
7. You are a student of class XII you have full knowledge of different forms of business organisation. Mr. Rohan wants to set up a business. He needs your help in choosing a business organisation. He has two main expectation from the business organisation:
i. Limited Liability
ii. Continuity
What suggestion will you give to Mr. Rohan and Why? 4
8. You are a business consultant. Mr. Singh has recently retired from government service. He is 60 years old and he wants to set up a factory in order to manufacture plastic goods. He has come to consult you that you suggest to him a suitable form of business organisation. The followings are his main expectations from the business organisation. 4
i. Easy formation
ii. Flexibility in operation
iii. Sharing of profit with limited person
iv. Sufficient persons to look after various business activities
Which from of business will you suggest to Mr. Singh and why?
9. Which form of the business organisation gives all the rights to a miner member? Explain any three advantages of the above business organisation. 1+3
10. Atul, Bhagwan and Chanchal join together and set up a partnership organisation. They do the wholesale trade of “Ghee”, “Sugar” and “Pulses”. They got a document prepared, which stated the different terms and conditions in order to turn the partnership organisation smoothly and properly.
a. Tell the name of the document prepared and also clarify the
b. Values this document safeguards.
PRACTICE TEST-3
CLASS: XI
SUBJECT: BUSINESS STUDIES
BUSINESS SERVICES
Time : 50 minutes M.M. : 25
1. Name the type of banking in which internet is used to deposit and withdraw money. Give one advantage of such type of banking. 1
2 Roopam took an insurance policy for his car. Within a year he sold the car to his nephew Raghu. The car got stolen. Roopam filed an insurance claim on the insurance company. Company refused the claim, saying that Roopam is not the owner of the car.
Which principle is this based on? State the principle. 1
3. Which bank is known as the „Apex Bank‟ of India? 1
4. What is DTH? How can these services be obtained? 1
5. During the process of providing services, how is the customer involved? Explain with the help of an example. 3
6. An Asthma patient did not disclose this fact while taking life insurance policy. Name and explain the principle violated by him. 3
7. What is electronic media? Explain any two of them. 3
8. What are bonded warehouses? Give any two benefits of these. 3
9. How do banking and insurance facilitate trade and commerce? 4
10. Bank is a financial institution which accepts money on deposits, repayable on demand and also earns a margin of profit by lending money.
In the light of above statement, explain the functions of banking. 5
PRACTICE TEST-4
CLASS: XI
SUBJECT: BUSINESS STUDIES
PUBLIC, PRIVATE AND GLOBAL ENTERPRISES
Time : 50 minutes M.M. : 25
1. Give any one feature of a statutory corporation. 1
2 How is a multinational corporation able to work in various countries? 1
3. Classify the following companies as departmental undertakings, statutory corporations and government companies : RBI, HMT Ltd., Defence, Maruti Udyog Ltd. 1
4. Give names of four MNC‟s operating in India. 1
5. What do you understand by public private partnership? What kind of projects are suitable for them? 3
6. Briefly explain the role of MNC‟s in India. 3
7. “The public corporation has been the most common form of organisation for public enterprises in recent times.” State the characteristics and merits of a public corporation. 3
8. Give three points of difference between public enterprise and private enterprise. 3
9. State three benefits of joint venture. 4
10. “The basic rationale of public sector has changed significantly”. In the light of this statement, state any five steps taken by the government. 5
PRACTICE TEST-5
CLASS: XI
SUBJECT: BUSINESS STUDIES
EMERGING MODES OF BUSINESS
Time : 50 minutes M.M. : 25
1. Differentiate between e-business and e-commerce. 1
2. Give an example of C-2-C. 1
3. What is the procures of getting a business service from an outside agency called? 1
4. Mr. Nikunj uses a card to borrow money from a bank. Which card he uses? 1
5. Mr. Supriyo lives in West Bengal. He has to send books to his daughter living in Delhi within two days. Which service will he use? Why such services are gaining popularity? 3
6. Home Shop 18, Star CJ etc. are tele-shopping channels facilitating telemarketing. Which kind of service is it? What are their customer support services? Why should they be outsourced? Give name of two BPO companies working in India. 3
7. Mr. Nathan needs to transfer his money to his business partner Lalit in Delhi. He uses the new transfer techniques, what is EFT. How it is more reliable and beneficial than the traditional manual transfer. 3
8. What is plastic-money and E-money? If you have to go to on your outstation tour which will you prefer cash, cheques or plastic money? Why? Give three reasons in support of your answer. 3
9. Mr. Sudershan has started a new company. He develops his website and uses all the techniques which are new like E-commerce but to his disappointment he had to face many problems rather than smooth running. He thought he would be able to attain. Explain any four problems he had to face. 4
10. Define E-business, its meaning and scope. State the benefits of E-business.
I jumped on an opportunity to purchase a rental property over the 4th of weekend. Mr Pedro was quick to respond and since this was my first time getting a loan to buy a rental property , he was able to help me walk through the loan process. It was a great experience working with a good and kind loan lender Mr Pedro. I hope you know very well if you are looking for a loan to purchase a property or funding business purposes then Mr Pedro will be able to help you with such a process here his details WhatsApp+1 863 231 0632 . / pedroloanss@gmail.com !”
ReplyDelete