Business Studies Nios plus two PQ VIII Welcome to your Business Studies Nios plus two PQ VIII Total Questions: 50 Name Mobile No: 1. 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. Market Analysis Marketing Research Marketing Management Marketing Strategy None Hint 2. State any two objectives of WTO. Control all companies worldwide Promote free trade and resolve trade disputes Impose trade barriers and taxes Limit imports None Hint 3. Give a specific term: The offices set up by the government for bringing together job seekers and job providers. Job Portals Labour Unions Placement Cells Employment Exchanges None Hint 4. Give one word answer: This concept of marketing states that social welfare should be dealt by business firms. Product Marketing Social Marketing Consumer Marketing Sales Marketing None Hint 5. What is meant by capital structure of a company? Mix of debt and equity Dividend and profits Fixed assets and current assets Operating costs and sales None Hint 6. Infosys decides to open schools for lesser privileged children is an example of _______ environment. Economic Political Social Legal None Hint 7. The element of business environment that is shaped by beliefs and customs of people: Economic Environment Social Environment Legal Environment Political Environment None Hint 8. What is meant by ‘Consumer Protection’? Protecting government policies Protecting business interests Protecting consumer rights Protecting employee rights None Hint 9. Differentiate between a Bill of Exchange and Promissory Note. None of these Both are same Bill of Exchange involves three parties, Promissory Note involves two parties Bill of Exchange is a loan, Promissory Note is a gift None Hint 10. 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 11. Name the constituents of depository system. Clearing House Depository Participants Registrar Stock Exchange None Hint 12. 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 Bill of Lading Shipping Bill Documentary Bill None Hint 13. State the full form of the following: BPO Basic Process Order Business Promotion Organization Business Process Outsourcing Board of Public Officers None Hint 14. 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. Invoice Bill of Lading Purchase Order Shipping Bill None Hint 15. 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. barrier Semantic Psychological barrier Cultural barrier Physical barrier None Hint 16. Give a specific term: Privately operated organisations whose main function is to introduce the job seekers to their prospective employers. Job Banks Recruitment Agencies Employment Exchanges Job Portals None Hint 17. Differentiate between Advertising and sales promotion on the basis of: (a) Objectives (b) Nature Neither has objectives Both are same Advertising is long term, Sales promotion is short term Advertising is short term, Sales promotion is long term None Hint 18. State the full form of the following: KPO Key Performance Organization Knowledge Promotion Office Key Process Order Knowledge Process Outsourcing None Hint 19. Fill in the blanks: Group of buyers for a particular product or service is called a ___________. Market Target Group Segment Cluster None Hint 20. Which of the following is the basic monetary incentive? Bonus Commission Pay and Allowances Retirement Benefits None Hint 21. Give one word answer: The invoice prepared by the exporter and sent to the importer after the shipment of good. Purchase Invoice Tax Invoice Export Invoice Proforma Invoice None Hint 22. 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. Controlling, communication Planning, delegation Motivating, coordination Directing, communication None Hint 23. One who actually uses the product or service is called: Marketer Customer Buyer Consumer None Hint 24. 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. Price: High and Low Size: Large and Small Quality: Good and Poor Durability: Durable and Non-durable None Hint 25. Explain any two merits of government companies. Profit oriented and flexible Private ownership and risk taking Limited liability and easy management Financial support and public welfare focus None Hint 26. Identify and state the meaning of the process that is the ultimate outcome of planned delegation. Controlling Planning Accountability Organizing None Hint 27. 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. Promissory Note Commercial Paper Bill of Exchange Treasury Bill None Hint 28. Briefly explain the ‘right to be informed’ as provided under the Consumer Protection Act. Consumer’s right to safety Consumer’s right to compensation Consumer’s right to return goods Consumer’s right to information about goods and services None Hint 29. Fill in the blanks: Person who organises the various marketing activities is called a __________. Distributor Retailer Marketer Wholesaler None Hint 30. Analyse and give answer: These are organisations involved in export promotion activities. Chambers of Commerce Export Promotion Councils Trade Associations Export Houses None Hint 31. Name the process of finding and attracting suitable applicants for employment. Induction Recruitment Training Selection None Hint 32. 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. Quantitative, application Factual, resume Statistical, resume Qualitative, application None Hint 33. 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. Freight Forwarder Insurer Importer Exporter None Hint 34. List any two money market instruments. Treasury Bills, Commercial Paper Commercial Paper ,Debentures Debentures ,Equity Shares Treasury Bills, Equity Shares None Hint 35. Differentiate between ‘Private Sector Enterprises’ and ‘Public Sector Enterprises’ on the following basis: (a) Capital (b) Area of operation Public, Private Local, National Private, Public National, Local None Hint 36. 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. Controlling, communication Planning, delegation Motivating, coordination Directing, communication None Hint 37. 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. Physical barrier Social barrier Semantic barrier Cultural barrier None Hint 38. When buying and selling of goods take place across the national boundaries of different countries, it is called: Import trade Export trade External trade Entrepot trade None Hint 39. Long-term investment decisions are also called as: Financing Decision Dividend Decision Capital Budgeting Decisions Working Capital Decisions None Hint 40. The market in which buyers and sellers interact with each other using internet is called: Virtual Market National Market Local Market International Market None Hint 41. What is meant by Social responsibility of business? Duties towards society Legal obligations Employee welfare Profit maximization None Hint 42. State any two responsibilities of business towards the shareholders or owners. Restrict dividend payments Avoid taxes Provide timely information and fair returns Maximize profits at any cost None Hint 43. Briefly explain: (a) Policy (b) Rules as type of plans Policy: Laws, Rules: Suggestions Policy: Procedures, Rules: Guidelines Policy: Strategies, Rules: Procedures Policy: Guideline, Rules: Specific instructions None Hint 44. How do judicial decisions constitute as part of legal environment? By interpreting laws Enforcing contracts Imposing penalties Making laws None Hint 45. The marketing function under which activities like advertising, personal selling, publicity etc. are performed is called: Promotion of the product Branding Both (A) and Distribution None Hint 46. Give the full form of SEBI. Securities and Exchange Board of India Securities Evaluation Board of India Stock and Exchange Board of Ind Stock Exchange Board of India None Hint 47. Give a specific term: (a) Communication made between people through facial expression (b) Communication based on basis of relationships made by management Non-verbal communication Formal communication Verbal communication Informal communication None Hint 48. The function of management which bridges the gap between where we are and where we want to go: Directing Planning Organising Staffing None Hint 49. Incentives that are directly related to money are called: Both (A) and (B) Non-Financial incentives Monetary incentives Financial incentives None Hint 50. Describe the role of SIDBI and SISI in providing support to small business in India. SIDBI provides marketing; SISI provides training SIDBI provides financial assistance; SISI offers technical support Both provide only marketing support Neither supports small business 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