Business Studies Nios plus two PQ VIII Welcome to your Business Studies Nios plus two PQ VIII Total Questions: 50 Name Mobile No: 1. Give one word answer: This concept of marketing states that social welfare should be dealt by business firms. Product Marketing Sales Marketing Consumer Marketing Social Marketing None Hint 2. List any two money market instruments. Commercial Paper ,Debentures Treasury Bills, Equity Shares Debentures ,Equity Shares Treasury Bills, Commercial Paper None Hint 3. State the full form of the following: BPO Basic Process Order Business Promotion Organization Board of Public Officers Business Process Outsourcing None Hint 4. Fill in the blanks: Person who organises the various marketing activities is called a __________. Marketer Distributor Wholesaler Retailer None Hint 5. What is meant by ‘Consumer Protection’? Protecting employee rights Protecting business interests Protecting consumer rights Protecting government policies None Hint 6. 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. Directing, communication Motivating, coordination Planning, delegation Controlling, communication None Hint 7. 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: Documentary Bill Shipping Order Bill of Lading Shipping Bill None Hint 8. Name the process of finding and attracting suitable applicants for employment. Training Selection Induction Recruitment None Hint 9. Give a specific term: Privately operated organisations whose main function is to introduce the job seekers to their prospective employers. Job Banks Job Portals Employment Exchanges Recruitment Agencies None Hint 10. Analyse and give answer: These are organisations involved in export promotion activities. Trade Associations Export Promotion Councils Chambers of Commerce Export Houses None Hint 11. The element of business environment that is shaped by beliefs and customs of people: Social Environment Legal Environment Economic Environment Political Environment None Hint 12. 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. Importer Exporter Insurer Freight Forwarder None Hint 13. Describe the role of SIDBI and SISI in providing support to small business in India. Neither supports small business SIDBI provides financial assistance; SISI offers technical support Both provide only marketing support SIDBI provides marketing; SISI provides training None Hint 14. The market in which buyers and sellers interact with each other using internet is called: Virtual Market International Market National Market Local Market None Hint 15. Explain any two merits of government companies. Profit oriented and flexible Financial support and public welfare focus Limited liability and easy management Private ownership and risk taking None Hint 16. Name the constituents of depository system. Registrar Stock Exchange Clearing House Depository Participants None Hint 17. Give one word answer: The invoice prepared by the exporter and sent to the importer after the shipment of good. Tax Invoice Purchase Invoice Export Invoice Proforma Invoice None Hint 18. Which of the following is the basic monetary incentive? Retirement Benefits Commission Bonus Pay and Allowances None Hint 19. What is meant by capital structure of a company? Fixed assets and current assets Mix of debt and equity Dividend and profits Operating costs and sales None Hint 20. 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. Quantitative, application Qualitative, application Statistical, resume Factual, resume None Hint 21. Give a specific term: The offices set up by the government for bringing together job seekers and job providers. Labour Unions Placement Cells Job Portals Employment Exchanges None Hint 22. What is meant by Social responsibility of business? Profit maximization Legal obligations Duties towards society Employee welfare None Hint 23. State any two objectives of WTO. Control all companies worldwide Impose trade barriers and taxes Promote free trade and resolve trade disputes Limit imports 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. Planning, delegation Directing, communication Motivating, coordination Controlling, communication None Hint 25. State any two responsibilities of business towards the shareholders or owners. Maximize profits at any cost Restrict dividend payments Avoid taxes Provide timely information and fair returns None Hint 26. 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 Promissory Note Bill of Exchange Commercial Paper None Hint 27. Long-term investment decisions are also called as: Dividend Decision Financing Decision Capital Budgeting Decisions Working Capital Decisions None Hint 28. Differentiate between a Bill of Exchange and Promissory Note. None of these Both are same Bill of Exchange is a loan, Promissory Note is a gift Bill of Exchange involves three parties, Promissory Note involves two parties None Hint 29. Briefly explain: (a) Policy (b) Rules as type of plans Policy: Guideline, Rules: Specific instructions Policy: Procedures, Rules: Guidelines Policy: Strategies, Rules: Procedures Policy: Laws, Rules: Suggestions None Hint 30. One who actually uses the product or service is called: Marketer Customer Buyer Consumer None Hint 31. 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 Marketing Management Market Analysis None Hint 32. 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. Bill of Lading Purchase Order Shipping Bill Invoice None Hint 33. 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. Semantic barrier Social barrier Cultural barrier Physical barrier None Hint 34. The function of management which bridges the gap between where we are and where we want to go: Planning Directing Staffing Organising None Hint 35. Give the full form of SEBI. Stock and Exchange Board of Ind Securities and Exchange Board of India Securities Evaluation Board of India Stock Exchange Board of India None Hint 36. Incentives that are directly related to money are called: Monetary incentives Both (A) and (B) Financial incentives Non-Financial incentives None Hint 37. Identify and state the meaning of the process that is the ultimate outcome of planned delegation. Planning Accountability Organizing Controlling None Hint 38. 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. Psychological barrier barrier Semantic Cultural barrier Physical barrier None Hint 39. The marketing function under which activities like advertising, personal selling, publicity etc. are performed is called: Both (A) and Distribution Promotion of the product Branding None Hint 40. Fill in the blanks: Group of buyers for a particular product or service is called a ___________. Segment Market Cluster Target Group None Hint 41. How do judicial decisions constitute as part of legal environment? By interpreting laws Enforcing contracts Imposing penalties Making laws None Hint 42. Infosys decides to open schools for lesser privileged children is an example of _______ environment. Economic Social Legal Political None Hint 43. When buying and selling of goods take place across the national boundaries of different countries, it is called: Import trade Entrepot trade External trade Export trade None Hint 44. Briefly explain the ‘right to be informed’ as provided under the Consumer Protection Act. Consumer’s right to return goods Consumer’s right to compensation Consumer’s right to safety Consumer’s right to information about goods and services None Hint 45. 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: Stock Exchange Capital Market Secondary Market Money Market None Hint 46. State the full form of the following: KPO Knowledge Promotion Office Knowledge Process Outsourcing Key Performance Organization Key Process Order None Hint 47. Give a specific term: (a) Communication made between people through facial expression (b) Communication based on basis of relationships made by management Informal communication Non-verbal communication Formal communication Verbal communication None Hint 48. Differentiate between ‘Private Sector Enterprises’ and ‘Public Sector Enterprises’ on the following basis: (a) Capital (b) Area of operation Public, Private Local, National National, Local Private, Public None Hint 49. 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 Advertising is long term, Sales promotion is short term Both are same None Hint 50. 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. Price: High and Low Durability: Durable and Non-durable Quality: Good and Poor Size: Large and Small 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