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