VV.S.
SARDAR PATEL PRE-UNTVERSITY COLLEGE
BASAVESHWARANAGAR, BENGALURU-560 079
IPREPARATORY TEST- January 2024
Subject: Business Studies I YEAR P.U.C Maximum Marks :80
Subject Code :27 Duration: 3 hours 15min
Instructions tocandidates:
1. The question paper contains parts -Part A, Part B, Part C, Part D
2. Part A consists of 4 sections I,II,IIland IV
3. Write the same number of questions properly as given in the
question paper while answering
4. W rite the correct and complete answer.
PART A
5x1=5Marks
I. Choose the correct answer:
1. Economic activities may be classified into business, and
employment.
a) Occupation c) Vocation
b) Profession d) Work
2. In a cooperative society the principle followed is
a) One share one vote c) No vote
b) One man one vote d) Multiple votes
3. Disinvestments of PSE's implies
a) Sale of equity shares to c) Investing in new areas
private sector d) Buying shares PES's
b) Closing down operations
4. Abbreviate ATM
a) AllTime Money c) Automated Teller
b) Automated Transfer Machine
Machine d) Audit Teller Machine
5. When one party grants the right to use the asset to the other party, in
return for a periodicpayment, it is known as
a) Lease financing c) Public deposits
b) Factoring d) Debts
II. Fill in the blanks. 5x 1=5 Marks
(AOA, subsidiary, design, billof lading, BIFR, primary)
6. Earning profit is considered to be the objective of business.
7.Reconstruction of sick public sector is taken up by
8 . i s the document that states the rules about running the company
agreed by shareholders, directors and company secretary.
9. A _ includes shape, pattern, and arrangements of lines or colour
combination that is applied toany article.
10. is document prepared and signed by the master of ship
acknowledging the receipt of goods on board.
II. Match the following: 5x1=5 Marks
11. A
B
a) Joint stock company i) mode of entry into
b) Insurance international
business
c) B2B
ii) itinerant retailers
d) Specialityshops ii) fixed shop retailer
e) Import and export
iv)separate legalerntity
v) business to business
vi) business services
IV. Answer the following questions in one
word or sentence each.
5x1=5 Marks
12.What is tertiary industry?
13. Give the meaning of public deposits
14. Expand RTGS
15.What is super market?
16. State any one mode of entry of international business
PART B
V. Answer any SIX of the following question in 2-3sentences each, Each
carries2 marks: 6x 2=12Marks
17.State any two objectives of business
18. Define Partnership
19.Write any two demerits of statutory corporation
20.Write any two differences between goods and services
21. Mention any two responsibilities of
business towardsgovernment
Z2.State any two documents required to be submitted for the formation of a
company
23. What is trade credit?
24. State any two factors affecting the choice of source of funds
25. List out four types of IPs
26. Give the meaning of itinerant retailers.
PART C
VI. Answer any SIXof the following question in 10-12 sentences each,
Each carries 4 marks: 6x4=24Marks
27.Explain any four features of joint stock company
28. Briefly explain four advantages of departmental undertaking
29. Explain the functions of commercial banks.
30. Briefly explain two merits and two demerits of e-business
31. Explain any four arguments for social responsibility of business.
32. Mr. Arvind conceived and idea to start a garments business. He consulted
aCompany secretary helped list down Mr Arvind's functions in the process
of starting up the business. Briefly explain four functions of promoters
33.Write a note on retained earnings
34.Explain two merits and two demerits of debentures
35. Explain any four problems faced by small business.
36.Explain any four benefits of international trade
PART D
VII Answer any THREE of the following question in 20-25 sentences
each, Each carries 8 marks: 3x 8= 24 Marks
37. What is business? Explain the characteristics of business activities?
38."Coco colawas produced by Dr ohanS Pemberton alocal pharmacist in
Atlanta, Georgia in í986. He gets the syrup sampled and introduced in the
market." By reading this information,what doyou think the form of business
Coca-Cola initially had? And explain any four merits and three limitations of
this form.
39. Explain the principles of insurance
40. Who iswholesaler? Explain the services of
wholesalers to manufactures.
41. How international business differsfrom domestic
business
Bwiness Studi -ARUNS
Pupaatoy
PAGE NO
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