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: Person who organises the various marketing activities is called a __________. Retailer Distributor Marketer Wholesaler None Hint 2. The market in which buyers and sellers interact with each other using internet is called: National Market Virtual Market Local Market International Market None Hint 3. Name the process of finding and attracting suitable applicants for employment. Induction Selection Recruitment Training None Hint 4. 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 Price: High and Low Durability: Durable and Non-durable Size: Large and Small None Hint 5. How do judicial decisions constitute as part of legal environment? Enforcing contracts Imposing penalties Making laws By interpreting laws None Hint 6. 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: Capital Market Stock Exchange Money Market Secondary Market None Hint 7. 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 8. 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 Physical barrier Cultural barrier None Hint 9. What is meant by ‘Consumer Protection’? Protecting business interests Protecting consumer rights Protecting employee rights Protecting government policies None Hint 10. The element of business environment that is shaped by beliefs and customs of people: Legal Environment Economic Environment Social Environment Political Environment None Hint 11. Differentiate between ‘Private Sector Enterprises’ and ‘Public Sector Enterprises’ on the following basis: (a) Capital (b) Area of operation National, Local Private, Public Local, National Public, Private None Hint 12. List any two money market instruments. Commercial Paper ,Debentures Treasury Bills, Commercial Paper Debentures ,Equity Shares Treasury Bills, Equity Shares None Hint 13. Identify and state the meaning of the process that is the ultimate outcome of planned delegation. Controlling Accountability Organizing Planning None Hint 14. 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 15. Explain any two merits of government companies. Limited liability and easy management Financial support and public welfare focus Profit oriented and flexible Private ownership and risk taking None Hint 16. What is meant by capital structure of a company? Mix of debt and equity Fixed assets and current assets Operating costs and sales Dividend and profits None Hint 17. Fill in the blanks: Group of buyers for a particular product or service is called a ___________. Segment Market Target Group Cluster None Hint 18. State the full form of the following: KPO Key Process Order Knowledge Process Outsourcing Key Performance Organization Knowledge Promotion Office None Hint 19. The marketing function under which activities like advertising, personal selling, publicity etc. are performed is called: Branding Promotion of the product Both (A) and Distribution None Hint 20. 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 Invoice Shipping Bill None Hint 21. Incentives that are directly related to money are called: Non-Financial incentives Monetary incentives Both (A) and (B) Financial incentives None Hint 22. 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 23. Give one word answer: This concept of marketing states that social welfare should be dealt by business firms. Product Marketing Social Marketing Sales Marketing Consumer Marketing None Hint 24. State any two objectives of WTO. Impose trade barriers and taxes Control all companies worldwide Limit imports Promote free trade and resolve trade disputes None Hint 25. 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 Treasury Bill Commercial Paper Bill of Exchange None Hint 26. 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 27. Give a specific term: The offices set up by the government for bringing together job seekers and job providers. Labour Unions Employment Exchanges Placement Cells Job Portals None Hint 28. 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 Psychological barrier barrier Semantic Cultural barrier None Hint 29. Name the constituents of depository system. Depository Participants Stock Exchange Clearing House Registrar None Hint 30. 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 31. Briefly explain the ‘right to be informed’ as provided under the Consumer Protection Act. Consumer’s right to safety Consumer’s right to compensation Consumer’s right to return goods Consumer’s right to information about goods and services None Hint 32. 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 Management Market Analysis Marketing Research None Hint 33. Describe the role of SIDBI and SISI in providing support to small business in India. Both provide only marketing support Neither supports small business SIDBI provides financial assistance; SISI offers technical support SIDBI provides marketing; SISI provides training None Hint 34. Long-term investment decisions are also called as: Working Capital Decisions Dividend Decision Financing Decision Capital Budgeting Decisions None Hint 35. One who actually uses the product or service is called: Marketer Buyer Customer Consumer None Hint 36. What is meant by Social responsibility of business? Duties towards society Employee welfare Legal obligations Profit maximization None Hint 37. 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 38. State the full form of the following: BPO Basic Process Order Board of Public Officers Business Process Outsourcing Business Promotion Organization None Hint 39. Briefly explain: (a) Policy (b) Rules as type of plans Policy: Strategies, Rules: Procedures Policy: Guideline, Rules: Specific instructions Policy: Procedures, Rules: Guidelines Policy: Laws, Rules: Suggestions None Hint 40. Which of the following is the basic monetary incentive? Retirement Benefits Bonus Pay and Allowances Commission None Hint 41. The function of management which bridges the gap between where we are and where we want to go: Staffing Planning Directing Organising None Hint 42. 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 Exporter Importer Insurer None Hint 43. When buying and selling of goods take place across the national boundaries of different countries, it is called: Export trade Import trade External trade Entrepot trade 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. Statistical, resume Qualitative, application Quantitative, application Factual, resume None Hint 45. Analyse and give answer: These are organisations involved in export promotion activities. Trade Associations Export Promotion Councils Export Houses Chambers of Commerce None Hint 46. State any two responsibilities of business towards the shareholders or owners. Provide timely information and fair returns Avoid taxes Maximize profits at any cost Restrict dividend payments None Hint 47. Infosys decides to open schools for lesser privileged children is an example of _______ environment. Legal Economic Social Political 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 Non-verbal communication Formal communication Informal communication Verbal communication None Hint 49. Give the full form of SEBI. Securities Evaluation Board of India Securities and Exchange Board of India Stock and Exchange Board of Ind Stock Exchange Board of India None Hint 50. 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 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
