Business Studies Nios plus two PQ VIII Welcome to your Business Studies Nios plus two PQ VIII Total Questions: 50 Name Mobile No: 1. It refers to the whole network of financial institutions dealing in short-term funds, which provides an outlet to lenders and a source of supply for such funds to borrowers: Secondary Market Money Market Stock Exchange Capital Market None Hint 2. Briefly explain the ‘right to be informed’ as provided under the Consumer Protection Act. Consumer’s right to information about goods and services Consumer’s right to compensation Consumer’s right to safety Consumer’s right to return goods None Hint 3. Differentiate between Advertising and sales promotion on the basis of: (a) Objectives (b) Nature Advertising is short term, Sales promotion is long term Neither has objectives Both are same Advertising is long term, Sales promotion is short term None Hint 4. Long-term investment decisions are also called as: Capital Budgeting Decisions Working Capital Decisions Financing Decision Dividend Decision None Hint 5. Give a specific term: The offices set up by the government for bringing together job seekers and job providers. Labour Unions Placement Cells Employment Exchanges Job Portals None Hint 6. When buying and selling of goods take place across the national boundaries of different countries, it is called: Entrepot trade External trade Export trade Import trade None Hint 7. Give one word answer: This concept of marketing states that social welfare should be dealt by business firms. Consumer Marketing Product Marketing Social Marketing Sales Marketing None Hint 8. Fill in the blanks: (a) _______ data should contain factual details. (b) When applying for a job, the ______________ data should be accompanied with an appropriate covering letter. Statistical, resume Factual, resume Quantitative, application Qualitative, application None Hint 9. The market in which buyers and sellers interact with each other using internet is called: National Market International Market Local Market Virtual Market None Hint 10. Incentives that are directly related to money are called: Both (A) and (B) Non-Financial incentives Financial incentives Monetary incentives None Hint 11. State the full form of the following: BPO Basic Process Order Board of Public Officers Business Promotion Organization Business Process Outsourcing None Hint 12. Analyse and give answer: These are organisations involved in export promotion activities. Export Houses Export Promotion Councils Trade Associations Chambers of Commerce None Hint 13. Give the full form of SEBI. Securities Evaluation Board of India Stock Exchange Board of India Stock and Exchange Board of Ind Securities and Exchange Board of India None Hint 14. The element of business environment that is shaped by beliefs and customs of people: Economic Environment Legal Environment Social Environment Political Environment None Hint 15. Differentiate between ‘Private Sector Enterprises’ and ‘Public Sector Enterprises’ on the following basis: (a) Capital (b) Area of operation Public, Private National, Local Private, Public Local, National None Hint 16. State the full form of the following: KPO Key Process Order Knowledge Promotion Office Key Performance Organization Knowledge Process Outsourcing None Hint 17. What is meant by ‘Consumer Protection’? Protecting consumer rights Protecting business interests Protecting employee rights Protecting government policies None Hint 18. Give a specific term: (a) These barriers take place when the sender and the receiver of the message interpret the words, sentences, symbols etc. differently. (b) This mode of communication may be oral or written. Cultural barrier Social barrier Physical barrier Semantic barrier None Hint 19. Give one word answer: The invoice prepared by the exporter and sent to the importer after the shipment of good. Tax Invoice Purchase Invoice Proforma Invoice Export Invoice None Hint 20. A document prepared by the exporter or the forwarding agent on the basis of which the custom authority calculates the duty to be paid by the exporter is called: Shipping Bill Bill of Lading Documentary Bill Shipping Order None Hint 21. The function of management which bridges the gap between where we are and where we want to go: Organising Directing Planning Staffing None Hint 22. What is meant by Social responsibility of business? Profit maximization Duties towards society Employee welfare Legal obligations None Hint 23. Differentiate between a Bill of Exchange and Promissory Note. Bill of Exchange is a loan, Promissory Note is a gift Bill of Exchange involves three parties, Promissory Note involves two parties Both are same None of these None Hint 24. Fill in the blanks: (a) __ is the process of telling people what to do and seeing that they do it in the best possible manner. (b) __ refers to the process by which a person transmits information to another person. Motivating, coordination Planning, delegation Controlling, communication Directing, communication None Hint 25. Fill in the blanks: (a) _______ results when receiver and sender of message do not trust each other. (b) The fear of losing authority over subordinates is called ______________barrier to effective communication. Physical barrier Cultural barrier Psychological barrier barrier Semantic None Hint 26. How do judicial decisions constitute as part of legal environment? Making laws Imposing penalties By interpreting laws Enforcing contracts None Hint 27. Fill in the blanks: Person who organises the various marketing activities is called a __________. Distributor Wholesaler Retailer Marketer None Hint 28. Which of the following is the basic monetary incentive? Retirement Benefits Pay and Allowances Commission Bonus None Hint 29. Fill in the blanks: Group of buyers for a particular product or service is called a ___________. Target Group Market Segment Cluster None Hint 30. Give a specific term: (a) Communication made between people through facial expression (b) Communication based on basis of relationships made by management Informal communication Verbal communication Formal communication Non-verbal communication None Hint 31. List any two money market instruments. Commercial Paper ,Debentures Treasury Bills, Commercial Paper Debentures ,Equity Shares Treasury Bills, Equity Shares None Hint 32. Name the constituents of depository system. Registrar Clearing House Stock Exchange Depository Participants None Hint 33. Name the process of finding and attracting suitable applicants for employment. Recruitment Selection Induction Training None Hint 34. What is meant by capital structure of a company? Mix of debt and equity Fixed assets and current assets Dividend and profits Operating costs and sales None Hint 35. Give one word answer: Under this research information is gathered, recorded and facts are analysed for arriving at rational decisions and developing suitable marketing strategies. Marketing Strategy Marketing Research Market Analysis Marketing Management None Hint 36. Analyse and give answer: A company that bears the loss or damage of the goods right from the godown of exporter to the godown of the importer. Freight Forwarder Importer Insurer Exporter None Hint 37. Give one word answer: A document prepared by the forwarding agent and sent to the exporter indicating that all the formalities for export of goods have been completed and goods have been shipped. Purchase Order Bill of Lading Shipping Bill Invoice None Hint 38. It is an instrument in writing containing an unconditional order, signed by the maker, directing a certain person to pay a certain sum of money only to or to the order of a certain person, or to the bearer of the instrument. Treasury Bill Bill of Exchange Promissory Note Commercial Paper None Hint 39. Explain any two merits of government companies. Private ownership and risk taking Profit oriented and flexible Limited liability and easy management Financial support and public welfare focus None Hint 40. The marketing function under which activities like advertising, personal selling, publicity etc. are performed is called: Distribution Promotion of the product Branding Both (A) and None Hint 41. Give a specific term: Privately operated organisations whose main function is to introduce the job seekers to their prospective employers. Job Portals Employment Exchanges Job Banks Recruitment Agencies None Hint 42. One who actually uses the product or service is called: Buyer Marketer Customer Consumer None Hint 43. Infosys decides to open schools for lesser privileged children is an example of _______ environment. Political Social Legal Economic None Hint 44. Describe the role of SIDBI and SISI in providing support to small business in India. Both provide only marketing support SIDBI provides marketing; SISI provides training Neither supports small business SIDBI provides financial assistance; SISI offers technical support None Hint 45. Besides the classification of products on the basis of ‘use’ and ‘tangibility’, there is another basis on which products can be classified. Name the bases and explain the types of products on this basis. Quality: Good and Poor Size: Large and Small Durability: Durable and Non-durable Price: High and Low None Hint 46. Fill in the blanks: (a) ______ is the process of telling people what to do and seeing that they do it in the best possible manner. (b) ________ refers to the process by which a person transmits information to another person. Controlling, communication Directing, communication Planning, delegation Motivating, coordination None Hint 47. State any two objectives of WTO. Control all companies worldwide Limit imports Impose trade barriers and taxes Promote free trade and resolve trade disputes None Hint 48. Briefly explain: (a) Policy (b) Rules as type of plans Policy: Procedures, Rules: Guidelines Policy: Strategies, Rules: Procedures Policy: Laws, Rules: Suggestions Policy: Guideline, Rules: Specific instructions None Hint 49. Identify and state the meaning of the process that is the ultimate outcome of planned delegation. Planning Organizing Controlling Accountability None Hint 50. State any two responsibilities of business towards the shareholders or owners. Avoid taxes Provide timely information and fair returns Maximize profits at any cost Restrict dividend payments None Hint Time's up Share: admin Previous post Business Studies Nios plus two PQ IV July 3, 2025 Next post Business Studies Nios plus two PQ VI July 3, 2025
