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