Business Studies Nios plus two PQ VI Welcome to your Business Studies Nios plus two PQ VI Total Questions: 50 Name Mobile No: 1. State the full form of the following: BPO Business Process Outsourcing Business Planning Office Business Production Order Business Process Operation None Hint 2. How do judicial decisions constitute as part of legal environment? They enforce laws They interpret laws They create laws They ignore laws None Hint 3. Which process is the ultimate outcome of planned delegation? Authority Accountability Responsibility Supervision None Hint 4. Fill in the blanks: When applying for a job, the __ data should be accompanied with an appropriate covering letter. Application Report Form Resume None Hint 5. Give one word answer: Activities undertaken for sale of products to customers and physical transfer thereof. Selling Advertising Marketing Promoting None Hint 6. Give the full form of SEBI. Stock Economic Board of India Stock Exchange Board of India Securities and Economic Board of India Securities and Exchange Board of India None Hint 7. Fill in the blanks: ________ refers to the process by which a person transmits information to another person. Negotiation Leadership Communication Motivation None Hint 8. The smallest unit into which capital of the company is divided is called: Share Nominal Capital Paid up Capital Stock None Hint 9. List any two money market instruments. Call money, Treasury bills Shares, Debentures Bonds, Equity Mutual funds, IPOs None Hint 10. An instrument in writing (note being a bank note or a currency note) containing an unconditional undertaking, signed by the maker, 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 Bill of Exchange Commercial Paper Treasury Bill None Hint 11. Give a specific term: Privately operated organisations whose main function is to introduce job seekers to employers. Recruitment Firms Job Portals Employment Agencies Placement Cells None Hint 12. The market for short term funds. Mutual Fund Money Market Stock Exchange Capital Market None Hint 13. When buying and selling of goods take place within the national boundaries of a country, it is called: Foreign Trade External Trade International Trade Home Trade None Hint 14. 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 15. Which of the following is an economic policy? Educational Policy Fiscal Policy Environmental Policy Social Policy None Hint 16. Give one word answer: Separating products into different classes on the basis of certain predetermined standards. Segmentation Classification Distribution Categorization None Hint 17. Analyse and give answer: It is an order placed for import of goods. Import Order Sales Order Purchase Order Export Order None Hint 18. Is planning probabilistic? Explain. Yes, because planning involves forecasting future uncertain events No, planning is certain Planning is random Planning ignores uncertainties None Hint 19. Giving advertisement in __________ and distribute the same through newspaper vendors is particularly suitable where the employer wants to engage the local people for specific jobs only. Both (B) and (C) Newspapers and Magazines Employment News Leaflets None Hint 20. Incentives that are directly related to money are called: Both (A) and (B Financial incentives Non-Financial incentives Monetary incentives None Hint 21. The official signature of a Joint Stock Company is its: Name Place of Business Common Seal Address None Hint 22. 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. Emotional Barriers Semantic Barriers Physical Barriers Mechanical Barriers None Hint 23. Fill in the blanks: _______ is the process of telling people what to do and seeing that they do it in the best possible manner. Directing Controlling Planning Organising None Hint 24. Why were public enterprises started? To avoid private monopoly To promote private sector To increase imports To reduce government control None Hint 25. Give one word answer: A document obtained by the forwarding agent from the shipping company after presenting the mate’s receipts to it. Shipping Bill Receipt Bill of Lading Invoice None Hint 26. Which of the following is an objective of financial management other than maximization of shareholders’ wealth? Ensuring regular supply of funds Minimising customer satisfaction Reducing sales volume Increasing employee turnover None Hint 27. 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. Mistrust Misunderstanding Fear Noise None Hint 28. Which of the following is a limitation of Government Companies? Competitive pricing Efficient decision-making Lack of autonomy Flexible operations None Hint 29. 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 Documentary Bill Shipping Order Shipping Bill None Hint 30. Judicial decisions are part of which environment? Political Environment Economic Environment Legal Environment Technological Environment None Hint 31. Which of the following is the closing paragraph of the covering letter accompanied with the bio-data? Signature of the candidate About the organisation Request for future action Suitability of your candidature None Hint 32. Give a specific term: (a) Communication made between people through facial expression. (b) Communication based on the basis of relationships made by management. Written Communication Formal Communication Downward Communication Non-verbal Communication None Hint 33. Identify the characteristic of a Joint Stock Company. The company enjoys continuous existence Shareholders manage daily operations Company has unlimited liability The day-to-day management is done by elected board of directors None Hint 34. Basic needs of people like the need for food, clothing and shelter are known as: Self actualisations needs Psychological needs Esteem need Social needs None Hint 35. Give a specific term: Offices set up by the government for bringing together job seekers and providers. Recruitment Agencies Job Banks Employment Exchanges Labour Offices None Hint 36. Describe any two functions of stock exchange. Regulates foreign exchange and imports Provides liquidity and facilitates price discovery Promotes exports and imports Controls inflation and interest rates None Hint 37. Which of the following is the basic monetary incentive? Commission Retirement Benefits Bonus Pay and Allowances None Hint 38. The ability to persuade and motivate others to work in a desired way for achieving the goals is called: Supervision Leadership Communication Motivation None Hint 39. Give one word answer: These officials provide guidance to exporters abroad on behalf of the government of their own country. Consultants Exporters Commercial Officers Agents None Hint 40. State the full form of the following: KPO Knowledge Process Outsourcing Knowledge Production Office Knowledge Planning Operation Key Process Outsourcing None Hint 41. Fill in the blanks: _________ data should contain factual details. Relevant Biased Accurate Partial None Hint 42. Which of the following is the most common print medium for advertisements of job vacancies? Leaflets Magazines Newspapers Both (B) and (C) None Hint 43. Fill in the blanks: Person who organises the various marketing activities is called a ____________. Distributor Marketing Manager Salesman Producer None Hint 44. When buying and selling of goods take place across the national boundaries of different countries, it is called: Import Trade External Trade Export Trade Entrepot Trade None Hint 45. State whether the following statements are true or false: (a) Stock exchange is a term commonly used for primary market. (b) Stock exchange is an organised market. False (a) False, (b) True True (a) True, (b) False None Hint 46. Analyse and give answer: A form to be filled by the importer at the time of receiving goods based on which goods are cleared from the port. Shipping Bill Invoice Delivery Note Bill of Entry None Hint 47. Registration card of the employment exchange has to be renewed after how many years? Three Two Four One None Hint 48. Identify and state the meaning of the process that is the ultimate outcome of planned delegation. Accountability Control Responsibility Authority None Hint 49. The officials appointed by the government in its embassy to represent the country’s trade interests abroad are called: Trade Commissioners Trade Representatives Forwarding Agents Clearing Agents None Hint 50. Fill in the blanks: Group of buyers for a particular product or service is called a ________. 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