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: (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 2. Infosys decides to open schools for lesser privileged children is an example of _______ environment. Political Legal Economic Social None Hint 3. Give a specific term: Privately operated organisations whose main function is to introduce the job seekers to their prospective employers. Job Portals Employment Exchanges Job Banks Recruitment Agencies None Hint 4. Differentiate between ‘Private Sector Enterprises’ and ‘Public Sector Enterprises’ on the following basis: (a) Capital (b) Area of operation National, Local Private, Public Public, Private Local, National None Hint 5. Give the full form of SEBI. Securities and Exchange Board of India Stock and Exchange Board of Ind Stock Exchange Board of India Securities Evaluation Board of India None Hint 6. One who actually uses the product or service is called: Customer Buyer Consumer Marketer None Hint 7. State the full form of the following: KPO Knowledge Process Outsourcing Knowledge Promotion Office Key Process Order Key Performance Organization None Hint 8. 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: Capital Market Stock Exchange Secondary Market Money Market None Hint 9. List any two money market instruments. Treasury Bills, Equity Shares Treasury Bills, Commercial Paper Commercial Paper ,Debentures Debentures ,Equity Shares None Hint 10. Briefly explain the ‘right to be informed’ as provided under the Consumer Protection Act. Consumer’s right to compensation Consumer’s right to safety Consumer’s right to return goods Consumer’s right to information about goods and services None Hint 11. 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. Cultural barrier Physical barrier barrier Semantic Psychological barrier None Hint 12. Fill in the blanks: Group of buyers for a particular product or service is called a ___________. Market Segment Cluster Target Group None Hint 13. Name the constituents of depository system. Stock Exchange Depository Participants Registrar Clearing House None Hint 14. 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 15. Which of the following is the basic monetary incentive? Retirement Benefits Pay and Allowances Bonus Commission None Hint 16. State the full form of the following: BPO Business Promotion Organization Board of Public Officers Business Process Outsourcing Basic Process Order None Hint 17. When buying and selling of goods take place across the national boundaries of different countries, it is called: External trade Entrepot trade Import trade Export trade None Hint 18. The market in which buyers and sellers interact with each other using internet is called: Local Market National Market Virtual Market International Market None Hint 19. The function of management which bridges the gap between where we are and where we want to go: Organising Staffing Planning Directing None Hint 20. State any two responsibilities of business towards the shareholders or owners. Provide timely information and fair returns Restrict dividend payments Avoid taxes Maximize profits at any cost None Hint 21. 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 Documentary Bill Shipping Bill None Hint 22. Explain any two merits of government companies. Limited liability and easy management Private ownership and risk taking Profit oriented and flexible Financial support and public welfare focus None Hint 23. 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 Insurer Freight Forwarder None Hint 24. Identify and state the meaning of the process that is the ultimate outcome of planned delegation. Planning Organizing Controlling Accountability None Hint 25. Give one word answer: This concept of marketing states that social welfare should be dealt by business firms. Consumer Marketing Sales Marketing Product Marketing Social Marketing None Hint 26. The element of business environment that is shaped by beliefs and customs of people: Social Environment Legal Environment Economic Environment Political Environment None Hint 27. Give a specific term: The offices set up by the government for bringing together job seekers and job providers. Placement Cells Job Portals Labour Unions Employment Exchanges None Hint 28. 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. Size: Large and Small Durability: Durable and Non-durable Price: High and Low Quality: Good and Poor None Hint 29. State any two objectives of WTO. Promote free trade and resolve trade disputes Impose trade barriers and taxes Control all companies worldwide Limit imports None Hint 30. 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 Bill of Exchange Promissory Note Treasury Bill None Hint 31. Give a specific term: (a) Communication made between people through facial expression (b) Communication based on basis of relationships made by management Informal communication Formal communication Verbal communication Non-verbal communication 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. Qualitative, application Quantitative, application Factual, resume Statistical, resume None Hint 33. 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 Management Marketing Strategy Marketing Research None Hint 34. Give one word answer: The invoice prepared by the exporter and sent to the importer after the shipment of good. Tax Invoice Export Invoice Purchase Invoice Proforma Invoice None Hint 35. Long-term investment decisions are also called as: Dividend Decision Working Capital Decisions Capital Budgeting Decisions Financing Decision None Hint 36. The marketing function under which activities like advertising, personal selling, publicity etc. are performed is called: Promotion of the product Both (A) and Distribution Branding None Hint 37. Fill in the blanks: Person who organises the various marketing activities is called a __________. Wholesaler Retailer Distributor Marketer None Hint 38. What is meant by ‘Consumer Protection’? Protecting consumer rights Protecting employee rights Protecting government policies Protecting business interests None Hint 39. Differentiate between Advertising and sales promotion on the basis of: (a) Objectives (b) Nature Advertising is long term, Sales promotion is short term Both are same Advertising is short term, Sales promotion is long term Neither has objectives None Hint 40. What is meant by Social responsibility of business? Employee welfare Profit maximization Legal obligations Duties towards society None Hint 41. Incentives that are directly related to money are called: Financial incentives Both (A) and (B) Monetary incentives Non-Financial incentives None Hint 42. What is meant by capital structure of a company? Dividend and profits Fixed assets and current assets Mix of debt and equity Operating costs and sales None Hint 43. Analyse and give answer: These are organisations involved in export promotion activities. Chambers of Commerce Trade Associations Export Promotion Councils Export Houses None Hint 44. Name the process of finding and attracting suitable applicants for employment. Induction Training Selection Recruitment None Hint 45. 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 Purchase Order Bill of Lading Invoice None Hint 46. Briefly explain: (a) Policy (b) Rules as type of plans Policy: Guideline, Rules: Specific instructions Policy: Procedures, Rules: Guidelines Policy: Laws, Rules: Suggestions Policy: Strategies, Rules: Procedures None Hint 47. 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 Motivating, coordination Planning, delegation None Hint 48. Describe the role of SIDBI and SISI in providing support to small business in India. Both provide only marketing support SIDBI provides financial assistance; SISI offers technical support Neither supports small business SIDBI provides marketing; SISI provides training None Hint 49. 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 50. How do judicial decisions constitute as part of legal environment? Making laws Imposing penalties By interpreting laws Enforcing contracts 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