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