Business Studies Nios plus two III Welcome to your Business Studies Nios plus two III Total Questions: 50 Name Mobile No: 1. What is call money? Money used for international trading only. Money given to customers as rewards for purchases. Cash withdrawn by individuals for personal use. A short-term finance used by banks to meet their temporary cash requirements. None Hint 2. Analyse and give answer: A form to be filled up by the importer at the time of receiving the goods based on which goods are cleared from the port. Shipping Order Customs Declaration Bill of Entry Import License None Hint 3. Communication made between people through facial expression is called: Managerial communication Non-verbal communication Verbal communication Formal communication None Hint 4. 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. Bill of Exchange Promissory Note Treasury Bill Commercial Paper None Hint 5. It is an organisational function and set of processes for Creating, Communicating and delivering Value to Customers and for managing customer relationships in ways that benefit the organisation and its stakeholders. Selling Delivering Buying Marketing None Hint 6. What is marketing mix? A list of all uncontrollable external business factors. A combination of customer feedback and employee reviews. A particular combination of marketing variables which are controllable by an enterprise. A fixed budget plan for advertising only. None Hint 7. Funds required for purchasing current assets is an example of: Ploughing back of profits Working capital requirement Lease financing Fixed capital requirement None Hint 8. What is financial market? The entire system through which financial resources are transferred from savers to entrepreneurs/buyers. A system where the government controls all financial transactions. A market where farmers sell their produce directly to consumers. A place where only physical goods are bought and sold. None Hint 9. Give one word answer: The market for short term funds is called: Commodity Market Capital Market Money Market Stock Market None Hint 10. What is treasury bill? A long-term loan issued by private banks to individuals. A bill paid by customers for government services. A promissory bill issued by commercial banks to the public. A form of promissory bill issued by the RBI to meet short-term cash requirements. None Hint 11. None 12. What is stock exchange/stock market? A place where only commodities like grains and spices are traded. An association or organization established to assist, regulate, and control the buying, selling, and dealing of securities. An informal group of people trading products in a local market. A bank that gives out loans and accepts deposits. None Hint 13. Fill in the blanks: Person who organises the various marketing activities is called a ______. Marketer Seller Marketing Manager Middleman None Hint 14. The element of business environment that is shaped by beliefs and customs of people: Social Environment Political Environment Economic Environment Legal Environment None Hint 15. Give one word answer: A document that is obtained by the forwarding agent from the shipping company after presenting the mate’s receipts to it. Bill of Lading Certificate Receipt Invoice None Hint 16. In online buying the buyer drops the items selected in a ________. Container Shopping box Shopping cart Net card None Hint 17. State the full form of the following: KPO Knowledge Public Organization Knowledge Process Outsourcing Knowledge Process Operation Knowledge Product Operation None Hint 18. What is a Certificate of Deposit? long-term investment issued by companies for more than 10 years. A receipt given by retail stores for purchases made. A fixed or term deposit issued by a bank for a period ranging from 91 days to 1 year. A government-issued certificate for tax exemption. None Hint 19. What are the 4 P's of the marketing mix? Product mix, Price, Place, Promotion mix People, Planning, Profit, Performance Production, Process, Packaging, Purchase Price, Product quality, Publicity, Purchase timing None Hint 20. Fill in the blanks: Group of buyers for a particular product or service is called a _____________. Market Distributor Wholesaler Consumer None Hint 21. Analyse and give answer: It is an order placed for import of goods. Indent Bill of Lading Invoice Purchase Order None Hint 22. What are the main features of mutual funds? Amount is invested in various reputed companies, minimizing risk, offering high return, easy liquidity, safety, and tax benefits. Investment in a single company with high risk and no tax benefits. Funds used mainly for charity and donations, with no return to investors. Only meant for large investors with no safety or liquidity. None Hint 23. The term of trade 'FOB' stands for Free on board Fee on buying Free on business Fees on board None Hint 24. Which of the following are examples of capital receipts? Tax revenue Salaries paid Loans raised by government Sale of goods None Hint 25. Long-term investment decisions are also called: Financing Decision Working Capital Decisions Capital Budgeting Decisions Dividend Decision None Hint 26. Current assets are those assets that get converted into cash: Between one and three years Within six months Between three and five years Within one year None Hint 27. These barriers take place when the sender and the receiver of the message interpret the words, sentences, symbols etc. differently. This mode of communication may be oral or written. This is called: Technical barrier Physical barrier Semantic barrier Psychological barrier None Hint 28. ______________ results when receiver and sender of message do not trust each other. The fear of losing authority over subordinates is called _________________ barrier to effective communication. Psychological barrier Semantic barrier Physical barrier Social barrier None Hint 29. Giving an attractive name, symbol or identity mark to the product to make a product different from others so that it is known by the name or symbol or mark is called: Branding Brand Both (B) and (C) Trade Mark None Hint 30. Which of the following is an example of a direct tax and an indirect tax respectively? Income Tax and GST Excise Duty and Property Tax GST and Income Tax Customs Duty and Service Tax None Hint 31. When buying and selling of goods take place across the national boundaries of different countries, it is called: Entrepot trade Import trade Export trade External trade None Hint 32. 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 Bill Documentary Bill Shipping Order Bill of Lading None Hint 33. When buying and selling of goods take place within the national boundaries of a country, it is called: Home Trade External Trade Foreign Trade International Trade None Hint 34. This concept states that consumer needs and wants must be considered while producing a product. Marketing concept Production concept Selling concept Product concept None Hint 35. Give one word answer: These officials provide guidance to exporters abroad on behalf of the government of their own country. Consuls Exporters Brokers Agents None Hint 36. Fill in the blanks: The date on which the Board of Directors declare the dividend is called the ________ date. Declaration Payment Record Due None Hint 37. Give one word answer: Activities that are undertaken for sale of products to the customers and the physical transfer thereof. Selling Buying Marketing Advertising None Hint 38. Options and correct answer: ________ depository receipts are offered for sale globally through foreign stock exchanges. International Depository Receipts (IDR) Domestic Depository Receipts (DDR) Global Depository Receipts (GDR) American Depository Receipts (ADR) None Hint 39. One who usually uses the product or service is called: Buyer Both (B) and (C) Customer Consumer None Hint 40. Write the main parts of financial market? Stock market and vegetable market Capital market and money market Foreign exchange market and retail market Labour market and commodity market None Hint 41. Write 2 types of capital market? Savings market and lending market Primary market and stock exchange Money market and goods market Local market and wholesale market None Hint 42. State the full form of the following: BPO Business Public Organization Business Product Organization Business Process Operation Business Process Outsourcing None Hint 43. Options and correct answer: The depository receipts which are issued by a USA-based bank for trading only in American Stock markets are known as ______________ American Depository Receipts (ADR) Foreign Depository Receipts (FDR) Global Depository Receipts (GDR) Local Depository Receipts (LDR) None Hint 44. Give one word answer: Separating of products into different classes on the basis of certain predetermined standards. Packaging Advertising Branding Grading None Hint 45. Infosys decides to open schools for lesser privileged children is an example of _________ environment: Political Social Economic Legal None Hint 46. The persons who come in between the primary producer and the final consumer to promote trade is called as: Agent Auctioneer Middleman Trader None Hint 47. Is about four components of product mix. The correct options are: Place Promotion Product Price None Hint 48. The function of management which bridges the gap between where we are and where we want to go: Staffing Organising Planning Directing None Hint 49. From among the following, which is not an application of e-business? Online procurement Contract R & D Online bidding Online trading None Hint 50. The officials appointed by the government in its embassy to represent the country's trade interests abroad are called: Clearing Agents Trade Representatives Trade Commissioners Forwarding Agents None Hint Time's up Share: admin Previous post Business Studies Nios plus two II August 28, 2025 Next post Business Studies Nios plus two PQ V September 15, 2025