CITY CONVENT SCHOOL SAHATWAR BALLIA

CCS SAHATWAR

ANNUAL EXAMINATION (DUPLICATE)

Class 11 - Business Studies
Time Allowed: 3 hours Maximum Marks: 80

General Instructions:

1. This question paper contains 34 questions.

2. Marks are indicated against each question.

3. Answers should be brief and to the point.

4. Answers to the questions carrying 3 marks may be from 50 to 75 words.

5. Answers to the questions carrying 4 marks may be about 150 words.

6. Answers to the questions carrying 6 marks may be about 200 words.

7. Attempt all parts of the questions together.

1. Business transaction taking place within the geographical boundaries of a nation is known as a domestic or [1]
national business. It is also referred to as internal business or home trade. Manufacturing and trade beyond the
boundaries of one’s own country is known as international business.
Permitting another party in a foreign country to produce and sell goods under your trademarks, patents, or
copyrights in lieu of some fee is another way of entering into international business. This is through .

a) sale of goodwill b) sale of copyrights

c) sale of trademark d) licensing and franchising

2. Which of the following is part of small scale sector? [1]

a) Paper Products and Printing b) Food Products

c) All of these d) Cotton Textiles

3. A government company is any company in which the paid-up capital held by the government is not less than [1]

a) 49 percent b) 51 percent

c) 25 percent d) 50 percent
4. The main disadvantage of chain stores is: [1]

a) transfer of goods b) limited selection of goods

c) economies of scale d) no bad debts

5. Which of the following is an internal cause leading to sickness and closure of sick small business units? [1]

a) Lack of skilled and trained labour b) Delayed payment

c) Lack of demand for their products d) Shortage of working capital

6. is very much reality which provides the consumers with the freedom of shopping at-will. [1]

a) C2C commerce b) B2B commerce

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 c) C2B commerce d) B2C commerce
7. Reconstruction of sick public sector units is taken up by: [1]

a) MoU b) BIFR

c) NRF d) MOFA
8. Expand EOUs [1]

a) Essential Order Units b) Export Order Units

c) Essential Operating Units d) Export Oriented Units

9. Which of the following statements is incorrect regarding debentures? [1]
A. Interest paid on debentures is tax-deductible.
B. Debentures do not carry voting rights.
C. It preferred by investors who want fixed income at lesser risk.
D. Issue of debentures dilutes the control of equity shareholders on management.

a) Only C b) Only B

c) Only D d) Only A
10. Assertion (A): A company has greater scope for expansion as compared to the sole proprietorship and [1]
partnership forms of organisation.
Reason (R): Company has large financial resources. Capital can be raised from the public as well as through
loans.
a) Both A and R are true and R is the
b) Both A and R are true but R is not the
correct explanation of A.
correct explanation of A.

c) A is true but R is false. d) A is false but R is true.

11. For which purposes wholesalers engage in buying and selling goods? [1]

a) Both resale or intermediate use and b) Only consumption

consumption
c) Only resale or intermediate use d) Neither resale or intermediate use and
consumption
12. Who offers facilities for after-sales services? [1]

a) Retailer b) Wholesaler

c) Both Retailer and Wholesaler d) None of these

13. The company form of organization is governed by which of the following Acts: [1]

a) The Companies Act, 1866 b) The Companies Act, 1913

c) The Companies Act, 2013 d) The Companies Act, 1956

14. Which problem is not faced by small businesses in India? [1]

a) Abundant finance to carry out its operations b) High operating cost due to operating below
full capacity

c) Human resources with little managerial and d) Use of outdated technology

technical knowledge

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15. Noise pollution can be responsible for: [1]

a) mental disorder b) all of these

c) loss of hearing d) malfunctioning of the heart

16. Assertion (A): E-banking allows bank customers to operate their accounts from their personal computer or [1]
phone.
Reason (R): One can manage accounts, pay bills, receive funds over the internet through E-banking.

a) Both A and R are true and R is the b) Both A and R are true but R is not the
correct explanation of A. correct explanation of A.

c) A is true but R is false. d) A is false but R is true.

17. Under Village and Small Industries Sector which of the following accounts for modern small industries. [1]

a) Hand looms b) Power looms

c) Khadi d) Coir
18. is an economic activity. [1]

a) Non profit organisation b) None of these

c) Employment d) Social service

19. NSIC was set up in: [1]

a) 1975 b) 1965

c) 1955 d) 1982
20. Which of the following comes under the private sector? [1]

a) Joint Hindu Family b) All of these

c) Sole Proprietorship d) Partnership

21. Write a short note on the following: [3]
i. Bill of Lading
ii. Bill of Entry
22. Manohar Enterprises Ltd. has been earning high profits over the years. As a result, its owner Mr Manohar [3]
Pathak is leading a good standard of life. Moreover, he plans to open a new branch office in a few months.
In the context of the above case:
i. Identify the different points highlighting the role of profit in business being discussed in the above
paragraph.
ii. 'Earning profit cannot be the only objective of business". Do you agree with this statement? Justify your
answer.
OR
What do you understand by Social Responsibility of business? How is it different from legal responsibility.
23. State any two services provided by the wholesaler to the retailer. [3]
24. Discuss the various types of preference shares. [3]
OR
Enumerate the long-term sources of company finance.
25. Imagine life without your local market. What difficulties would a consumer face if there is no retail shop? [4]
OR

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 State some State and Central taxes which are subsumed in GST.
26. India holds the third position in the World's largest producer of eggs (by weight) and the sixth Position in the [4]
largest production of chicken meat. The meat production in India has grown up by a brisk 10 percent and egg
production by 5 percent over the past 10 years. By 2030, it is estimated that 40 percent of India's population
will be urbanized and the number of working women is likely to double. Consequently, this could significantly
boost the market for frozen foods, including poultry products. But, the potential is constrained by recurring
incidents of disease in poultry products, no awareness of frozen foods and rising feed costs.
In the context of the above case answer the following questions:
i. Identify and explain the different kinds of industries being discussed in the above paragraph.
ii. State the categories of types of industries to which the different kinds of industries as identified in part
(i) belong to.
OR
Explain how industry, trade, and commerce are interrelated.
27. e-business can be handled effectively by suitably qualified personnel and a well-designed system. Comment [4]
on this statement.
28. What do you mean by Government Company? Discuss its various features, merits and limitation? [4]
29. What are the major areas of social responsibility of business? [4]
30. Discuss the various points which highlight the role of small scale business in the development of rural India. [4]
31. Ved recently joined an export-oriented unit in Kerala under the name 'Spices Ltd.'. On joining the firm he
[6]
found out that the company has reserved about 20 percent of the posts for specially-abled people. As his first
assignment, he was asked to process an export order received from a Dubai based company. He has
successfully completed all the formalities with regard to this export order and has prepared the invoice.
In the context of the above case answer the following questions:
a. What is the next step that he has to perform in order to successfully complete his first work assignment?
b. Define the term Pre-shipment inspection and write down it's benefits also.
OR
What is international business? How is it different from domestic business?
32. There are various types of cooperative societies, which vary in their nature of activities. Discuss any three such
[6]
cooperative societies.
OR
Jagat is running a grocery store under the name 'Morning Needs' in a local market. He takes all decisions about
business himself, without any interference from others and also earns a direct reward for his risk-bearing.
In the context of the above case:
a. Identify and define the form of business organization in which Jagat has promoted his business.
b. State any four features of this form of business organization.
33. Distinguish between Owner's Funds and Borrowed Fund. [6]
34. Describe the various services offered by e-banking. [6]

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