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