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