Business Studies Nios plus two PQ VIII Welcome to your Business Studies Nios plus two PQ VIII Total Questions: 50 Name Mobile No: 1. Identify and state the meaning of the process that is the ultimate outcome of planned delegation. Accountability Controlling Planning Organizing None Hint 2. 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 Insurer Importer Exporter None Hint 3. Give a specific term: The offices set up by the government for bringing together job seekers and job providers. Labour Unions Job Portals Placement Cells Employment Exchanges None Hint 4. 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. Factual, resume Quantitative, application Qualitative, application Statistical, resume None Hint 5. Fill in the blanks: Person who organises the various marketing activities is called a __________. Distributor Retailer Marketer Wholesaler None Hint 6. The function of management which bridges the gap between where we are and where we want to go: Planning Staffing Directing Organising None Hint 7. 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 8. 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 Planning, delegation Controlling, communication Motivating, coordination None Hint 9. How do judicial decisions constitute as part of legal environment? Enforcing contracts Imposing penalties By interpreting laws Making laws None Hint 10. 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 Order Bill of Lading Documentary Bill Shipping Bill None Hint 11. One who actually uses the product or service is called: Customer Buyer Consumer Marketer None Hint 12. Give one word answer: This concept of marketing states that social welfare should be dealt by business firms. Sales Marketing Social Marketing Product Marketing Consumer Marketing None Hint 13. The market in which buyers and sellers interact with each other using internet is called: Local Market National Market Virtual Market International Market None Hint 14. Differentiate between Advertising and sales promotion on the basis of: (a) Objectives (b) Nature Advertising is long term, Sales promotion is short term Both are same Neither has objectives Advertising is short term, Sales promotion is long term None Hint 15. What is meant by ‘Consumer Protection’? Protecting business interests Protecting government policies Protecting consumer rights Protecting employee rights None Hint 16. State the full form of the following: KPO Knowledge Promotion Office Key Process Order Key Performance Organization Knowledge Process Outsourcing None Hint 17. Give a specific term: (a) Communication made between people through facial expression (b) Communication based on basis of relationships made by management Non-verbal communication Informal communication Formal communication Verbal communication None Hint 18. Briefly explain the ‘right to be informed’ as provided under the Consumer Protection Act. Consumer’s right to compensation Consumer’s right to safety Consumer’s right to return goods Consumer’s right to information about goods and services None Hint 19. Long-term investment decisions are also called as: Financing Decision Dividend Decision Working Capital Decisions Capital Budgeting Decisions None Hint 20. List any two money market instruments. Treasury Bills, Equity Shares Commercial Paper ,Debentures Treasury Bills, Commercial Paper Debentures ,Equity Shares None Hint 21. Give the full form of SEBI. Securities and Exchange Board of India Stock and Exchange Board of Ind Stock Exchange Board of India Securities Evaluation Board of India None Hint 22. Which of the following is the basic monetary incentive? Bonus Commission Retirement Benefits Pay and Allowances None Hint 23. Give one word answer: The invoice prepared by the exporter and sent to the importer after the shipment of good. Tax Invoice Proforma Invoice Export Invoice Purchase Invoice None Hint 24. Analyse and give answer: These are organisations involved in export promotion activities. Export Houses Chambers of Commerce Trade Associations Export Promotion Councils None Hint 25. Incentives that are directly related to money are called: Financial incentives Non-Financial incentives Monetary incentives Both (A) and (B) None Hint 26. What is meant by Social responsibility of business? Legal obligations Employee welfare Duties towards society Profit maximization None Hint 27. 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 Money Market Secondary Market None Hint 28. 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 29. 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 Cultural barrier barrier Semantic Physical barrier None Hint 30. 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 Planning, delegation Motivating, coordination Directing, communication None Hint 31. 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 32. 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 33. Briefly explain: (a) Policy (b) Rules as type of plans Policy: Guideline, Rules: Specific instructions Policy: Laws, Rules: Suggestions Policy: Procedures, Rules: Guidelines Policy: Strategies, Rules: Procedures None Hint 34. Name the constituents of depository system. Clearing House Stock Exchange Registrar Depository Participants None Hint 35. Give a specific term: Privately operated organisations whose main function is to introduce the job seekers to their prospective employers. Recruitment Agencies Job Banks Employment Exchanges Job Portals None Hint 36. State the full form of the following: BPO Business Promotion Organization Basic Process Order Board of Public Officers Business Process Outsourcing None Hint 37. The element of business environment that is shaped by beliefs and customs of people: Social Environment Economic Environment Legal Environment Political Environment None Hint 38. Infosys decides to open schools for lesser privileged children is an example of _______ environment. Economic Political Legal Social None Hint 39. 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 Semantic barrier Social barrier Physical barrier None Hint 40. 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. Market Analysis Marketing Strategy Marketing Management Marketing Research None Hint 41. 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. Size: Large and Small Price: High and Low Quality: Good and Poor Durability: Durable and Non-durable None Hint 42. 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 None of these Both are same None Hint 43. Differentiate between ‘Private Sector Enterprises’ and ‘Public Sector Enterprises’ on the following basis: (a) Capital (b) Area of operation National, Local Local, National Private, Public Public, Private None Hint 44. Fill in the blanks: Group of buyers for a particular product or service is called a ___________. Market Target Group Cluster Segment None Hint 45. 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. Invoice Shipping Bill Purchase Order Bill of Lading None Hint 46. When buying and selling of goods take place across the national boundaries of different countries, it is called: Export trade Entrepot trade Import trade External trade None Hint 47. Name the process of finding and attracting suitable applicants for employment. Induction Selection Recruitment Training None Hint 48. Explain any two merits of government companies. Financial support and public welfare focus Private ownership and risk taking Profit oriented and flexible Limited liability and easy management None Hint 49. 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. Promissory Note Commercial Paper Bill of Exchange Treasury Bill None Hint 50. Describe the role of SIDBI and SISI in providing support to small business in India. SIDBI provides marketing; SISI provides training Both provide only marketing support Neither supports small business SIDBI provides financial assistance; SISI offers technical support 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
