FINAL TERM EXAMINATION 2015-16

XI
BUSINESS STUDIES
(Set : A)
Time: 3 hours M.M. :90
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General Instructions:
1. Answers to questions carrying 1 mark may be from one word to one sentence or as per
number of points/ reasons required.
2. Answers to questions carrying 3 marks may be from 50-75 words.
3. Answers to questions carrying 4-5 marks may be from 150 words.
4. Answers to questions carrying 6 marks may be from 200 words
5. All the questions are compulsory.
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1. State the meaning of business finance.

(1)
2. Name three fixed shop small retailers.
(1).
3. What is a Proforma Invoice.
(1)
4. Which form of business organisation is suitable for small or medium size business.
(1)
5. What are retained earnings?
(1)
6. State any two objectives of WTO.
(1)
7. Give any two benefits of e-business.
(1)
8. What is the name given to the amount paid regularly by the insured to the insurer for getting
compensation at the time of loss? (1)
9. What are the services offered by retailers to the consumers? (3)
10. Explain the concept of : (3)
i) Utmost Good Faith
ii) Insurable Interest

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 iii) Idemnity
11. What is Outsourcing? Describe the benefits of outsourcing.(3)
12. A wholesaler of onion comes to know that due to less production the prices of onion will
increase heavily. He stores the onion and during rising prices, he earns heavy profits by selling
the stored onions. Here, which value is affected? (3)
13. Differentiate between Public Sector and Private Sector Enterprise. (3)
14. Small scale industries are not ready for global competition. Do you agree? (3)
15. Why are banks called debtors as well as creditors? (4)
16. "I am my own boss, everything is under my control". For which form of organisation is this
statement true? Explain what this statement means. (4)
17. Explain different types of life insurance policies? (4)
18. Differentiate between Equity Shares and Preference Shares. (4)
19. "Risk in business is not by choice but a compulsion." Comment. (4)
20. What are the incentives provided by the government for industries in hilly and backward areas?
(5)
21. What difficulties can a consumer face if there is no retail shop? (5)
22. Define Joint Venture. Explain its various benefits. (5)
23. Explain the factors kept in mind before selecting a source of finance? (5)
24. Differentiate between Departmental Store and Chain Store. (6)
25. "Starting a business needs detailed planning." State and explain the factors to be considered
while starting a business. (6)
26. What do you mean by International Business? In respect of which key areas domestic business
differ from international busines? (6)
27. Discuss the various characteristics of 'Debentures' a main source of long term finance. (6)

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 FINAL TERM EXAMINATION 2015-16
XI
BUSINESS STUDIES
(Set : B)
Time: 3 hours M.M. :90
-------------------------------------------------------------------------------------------------------------
-
General Instructions:
1. Answers to questions carrying 1 mark may be from one word to one sentence or as per
number of points/ reasons required.
2. Answers to questions carrying 3 marks may be from 50-75 words.
3. Answers to questions carrying 4-5 marks may be from 150 words.
4. Answers to questions carrying 6 marks may be from 200 words
5. All the questions are compulsory.
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-

1. Why is business considered as economic activity? (1)

2. What is meant by business risk?(1)

3. What is meant by the partnership deed?(1)

4. What is meant by E-Banking?(1)

5. “Outsourcing involves contracting out” comment on this statement.(1)

6. What do you mean by issue of shares? (1)

7. Give any one advantage or benefit of partnership business. (1)

8. What is meant by Internal Trade? (1)

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9. What is meant by Tertiary Industries? Explain with the help of examples. (3)

10. Give any three advantages of Partnership firm? (3)

11. Describe any three limitations of Departmental Undertakings. (3)

12. Explain the “Utmost good faith” Principles of insurance. (3)

13. Give any two limitations of e- Business. (3)

14. Briefly explain (a) Business Ethics (b) Social Responsibility (3)

15. Explain the Transaction risks involved in online buying. (4)

16. What type of documents are required for the commencement of business?(4)

17. What are the advantages of preference shares? (4)

18. Explain any four advantages or merits of Super Markets. (4)

19. Explain why International business is important these days. (4)

20. Explain multiple objctives of Business. (5)

21. Explain the limitations of Government Companies.(5)

22. How would you categorised the financial needs of a business? Explain.(5)

23. Differentiate between Departmental stores and Multiple shops. (5)

24. (a) Explain the limitations of sole proprietorship.

(b) Mr. Vinod running a business of manufacturing toothpaste and toothbrushes. He

decided to donate 200 toothbrushes and toothpastes every month to the economically
backward students becuase they could not afford to buy toothbrush and toothpaste.
Identify the values disclosed by Mr. Vinod. (6)

25. Explain the meaning and small business units in India as per their categories.(6)

26. Explain the main elements of Life insurance. Also identify the values involved in
the concept of insurance.(6)

27. Explain any 4 differences between International Business & Domestic Business.(6)

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