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