Business Studies Nios plus two PQ VIII Welcome to your Business Studies Nios plus two PQ VIII Total Questions: 50 Name Mobile No: 1. 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. Importer Exporter Freight Forwarder Insurer None Hint 2. The market in which buyers and sellers interact with each other using internet is called: Virtual Market National Market International Market Local Market None Hint 3. What is meant by Social responsibility of business? Duties towards society Legal obligations Profit maximization Employee welfare None Hint 4. 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: Secondary Market Capital Market Stock Exchange Money Market None Hint 5. 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. Qualitative, application Statistical, resume Factual, resume Quantitative, application None Hint 6. State any two objectives of WTO. Control all companies worldwide Limit imports Impose trade barriers and taxes Promote free trade and resolve trade disputes None Hint 7. Give one word answer: This concept of marketing states that social welfare should be dealt by business firms. Social Marketing Product Marketing Consumer Marketing Sales Marketing None Hint 8. Describe the role of SIDBI and SISI in providing support to small business in India. Neither supports small business SIDBI provides financial assistance; SISI offers technical support SIDBI provides marketing; SISI provides training Both provide only marketing support None Hint 9. Differentiate between a Bill of Exchange and Promissory Note. Bill of Exchange involves three parties, Promissory Note involves two parties Both are same None of these Bill of Exchange is a loan, Promissory Note is a gift None Hint 10. Identify and state the meaning of the process that is the ultimate outcome of planned delegation. Organizing Planning Controlling Accountability None Hint 11. Differentiate between ‘Private Sector Enterprises’ and ‘Public Sector Enterprises’ on the following basis: (a) Capital (b) Area of operation Public, Private National, Local Private, Public Local, National None Hint 12. Give a specific term: The offices set up by the government for bringing together job seekers and job providers. Employment Exchanges Placement Cells Labour Unions Job Portals None Hint 13. Briefly explain the ‘right to be informed’ as provided under the Consumer Protection Act. Consumer’s right to compensation Consumer’s right to return goods Consumer’s right to information about goods and services Consumer’s right to safety None Hint 14. List any two money market instruments. Treasury Bills, Equity Shares Commercial Paper ,Debentures Debentures ,Equity Shares Treasury Bills, Commercial Paper None Hint 15. Infosys decides to open schools for lesser privileged children is an example of _______ environment. Political Social Legal Economic None Hint 16. State the full form of the following: KPO Knowledge Promotion Office Key Performance Organization Knowledge Process Outsourcing Key Process Order None Hint 17. Give a specific term: (a) Communication made between people through facial expression (b) Communication based on basis of relationships made by management Informal communication Non-verbal communication Verbal communication Formal communication None Hint 18. 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. Durability: Durable and Non-durable Size: Large and Small Price: High and Low Quality: Good and Poor None Hint 19. 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. Shipping Bill Invoice Purchase Order Bill of Lading None Hint 20. 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 21. 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 22. One who actually uses the product or service is called: Consumer Buyer Marketer Customer 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 Bill Shipping Order Documentary Bill Bill of Lading None Hint 24. What is meant by capital structure of a company? Operating costs and sales Fixed assets and current assets Mix of debt and equity Dividend and profits None Hint 25. State any two responsibilities of business towards the shareholders or owners. Restrict dividend payments Avoid taxes Maximize profits at any cost Provide timely information and fair returns None Hint 26. Long-term investment decisions are also called as: Capital Budgeting Decisions Working Capital Decisions Financing Decision Dividend Decision None Hint 27. The function of management which bridges the gap between where we are and where we want to go: Directing Organising Staffing Planning None Hint 28. Fill in the blanks: Person who organises the various marketing activities is called a __________. Marketer Retailer Wholesaler Distributor None Hint 29. Name the constituents of depository system. Depository Participants Clearing House Stock Exchange Registrar None Hint 30. The marketing function under which activities like advertising, personal selling, publicity etc. are performed is called: Branding Distribution Promotion of the product Both (A) and None Hint 31. Explain any two merits of government companies. Financial support and public welfare focus Limited liability and easy management Profit oriented and flexible Private ownership and risk taking None Hint 32. Give a specific term: Privately operated organisations whose main function is to introduce the job seekers to their prospective employers. Job Portals Job Banks Recruitment Agencies Employment Exchanges None Hint 33. 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 Cultural barrier Social barrier Physical barrier None Hint 34. Incentives that are directly related to money are called: Non-Financial incentives Monetary incentives Financial incentives Both (A) and (B) None Hint 35. How do judicial decisions constitute as part of legal environment? Imposing penalties Making laws By interpreting laws Enforcing contracts None Hint 36. Briefly explain: (a) Policy (b) Rules as type of plans Policy: Procedures, Rules: Guidelines Policy: Laws, Rules: Suggestions Policy: Guideline, Rules: Specific instructions Policy: Strategies, Rules: Procedures None Hint 37. Analyse and give answer: These are organisations involved in export promotion activities. Export Houses Export Promotion Councils Chambers of Commerce Trade Associations None Hint 38. Give the full form of SEBI. Stock Exchange Board of India Securities and Exchange Board of India Securities Evaluation Board of India Stock and Exchange Board of Ind None Hint 39. 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 Research Marketing Strategy Market Analysis Marketing Management None Hint 40. Which of the following is the basic monetary incentive? Pay and Allowances Retirement Benefits Bonus Commission None Hint 41. 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 Promissory Note Bill of Exchange Commercial Paper None Hint 42. Differentiate between Advertising and sales promotion on the basis of: (a) Objectives (b) Nature Advertising is long term, Sales promotion is short term Neither has objectives Advertising is short term, Sales promotion is long term Both are same None Hint 43. The element of business environment that is shaped by beliefs and customs of people: Political Environment Economic Environment Social Environment Legal Environment None Hint 44. 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. Psychological barrier barrier Semantic Cultural barrier Physical barrier None Hint 45. 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. Planning, delegation Controlling, communication Directing, communication Motivating, coordination None Hint 46. Fill in the blanks: Group of buyers for a particular product or service is called a ___________. Market Target Group Cluster Segment None Hint 47. What is meant by ‘Consumer Protection’? Protecting employee rights Protecting business interests Protecting consumer rights Protecting government policies None Hint 48. State the full form of the following: BPO Board of Public Officers Basic Process Order Business Process Outsourcing Business Promotion Organization None Hint 49. Name the process of finding and attracting suitable applicants for employment. Induction Recruitment Training Selection None Hint 50. Give one word answer: The invoice prepared by the exporter and sent to the importer after the shipment of good. Tax Invoice Proforma Invoice Purchase Invoice Export Invoice 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
