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