(solved)
Business
Studies Class
XI
Time allowed: 3 hours
Maximum Marks: 90
General Instructions:
(i) Answers to questions carrying 1 mark may be from one word to one sentence.
(ii)Answers to questions carrying 3 marks may be from 50 75 words.
(iii) Answers to questions carrying 4 5 marks may be about 150 words.
(iv) Answers to questions carrying 6 marks may be about 200 words.
(v)Attempt all parts of a question together Marks are given at the end of each question.
Sample Papers Designed By : Dr. Vinod Kumar
Dr. Vinod Kumar is a great name in the field of Accountancy and Business
Studies. He is author of Ultimate Book of Accountancy class 12th and
11th and Business Studies. He has also published Accountancy Projects and
Business Studies Projects for 12th and 11 CBSE. Contact Detail : Vishvas
12.
13.
14.
Briefly explain :
16.
17.
18.
19.
20.
21.
22.
Distinguish between Memorandum of association and Artcles of
Assocaition.
23.
Explain some of the important features/characteristics of departmental
stores.
24.
(b) Mr. Vinod decided that his manufacturing unit (garments) will be set up in a
rural area of Orissa where people have very less job opportunities and labour
is available at ver low rate. He also thought of giving equal opportunities to
men and women. Identify two values which Vinod wants to communicate to
the society by setting up this manufacturing unit.
25.
27.
VSA
(1)
1(1)
SA
(3,4)
3(1),
4(1)
LA
(5,6)
-
1(2)
4(1)
6(1)
3(1)
5(1)
1(1)
3(1)
6(1)
10
1(1)
5(1)
1(1)
5(1)
1(1)
6(1)
14
5(1)
5(1),
6(1)
-
12
business
finance
8. Small business
1(1)
3(1),
4(1)
-
9. Internal trade
1(1)
10.
Internation
al business
1(1)
Total
10(1
0)
3(1),
4(1)
31(9)
49 (9)
Total
8
12
8
90(28)
11
TIME: 3HOURS
MAX.MARKS:90
1. Name the occupation in which people work for others and get
remunerated in Return.
(1)
2. Give two examples of business in which sole proprietorship is popular.
(1)
3. What are the forms of organizing private sector enterprises?
(1)
4. Expand CWC.
(1)
5. What is e business?
(1)
(1)
(1)
(1)
List any
(1)
11.
role of profit in business?
12.
three benefits of entering into joint ventures.
What is the
(3)
Write any
(3)
13.
any three functions of warehousing.
Explain
(3)
Explain
(3)
16.
Distinguish
(any four) between Business, Profession and employment. (4)
17.
Distinguish
between private company and public company (any four). (4)
18. As a source of finance retained profit is better than other sources. Do
you agree? Give
reasons for your answer.
19. What is a documentary Bill of Exchange?
(
4
(
4
(
5
(
5
22.
various elements of business ethics.
Describe the
(5)
23.
What
are the incentives provided by the Government for industries in
backward and hilly areas?
(5)
24.
advantages of departmental stores.
Explain the
(5)
25.
Des
pite limitations of size and resources many people continue to
prefer sole proprietorship over other forms of organization?
Why?
(6)
OR
Explain the functions of a promoter.
26.
functions of commercial bank.
OR
Explain (i) Utmost good faith (ii) Insurable interest (iii)
Indemnity as principles Insurance.
Explain the
(6)
27.
financial instruments used in international financing.
OR
Explain the
(6)
What are
(6)
OR
What are the services offered by the retailers to manufacturers?
************
TIME: 3HOURS
MAX.MARKS:90
1 Employment.
(1)
.2 Tailoring and small scale retail store.
(1/22
.3. Sole proprietorship, Joint Hindu family, Partnership, Cooperative
=1)
society, Joint Stock Company.
(1)
4. Central Warehousing Corporation.
(1)
5. E business means reaching out to the customers and
conducting sales activities through internet.
(1)
6. Environmental pollution means the injection of harmful
substance into the environment.
(1)
7. Equity shares, Preference shares.
(1/22=1)
8. Cottage industries are organized by individuals with private resources.
(1)
9. Volume of goods- Wholesaler deals in large quantities of goods,
retailer deals in small quantities of goods.
(1)
10. U.S.A., Japan.
(1/22=1)
11.
(ii)
12.
(13=3)
(i) Consolidation. (ii)
(13=3)
14.
A preferential share holder enjoys preferential right over
equity shareholders regarding
1. Payment of dividend.
2. Repayment of capital at the time of winding up of the company.
(1 2=3)
15. WTO:
1. Acting as a dispute settlement body.
2. Holding consultations with IMF.
3. Ensuring that all the rules and regulations prescribed in the act
are followed by the member countries. (13=3)
16. Basis: (i) Mode of establishment.
(ii) Nature of work.
(iii)
Qualification.
(iv)
Reward. (14=4)
17. Basis:
1. Members.
2. Minimum number of directors.
3. Index of members.
4. Transfer of shares.
(14=4)
18. Yes.
(i)
(1 2=3)
(15=5)
(15=5)
(15=5)
6. Promotion of sales.
25. Merits of sole proprietorship:
1. Quick decision making.
2. Sense of accomplishment.
3. Confidentiality of information.
4. Direct incentive.
5. Easy to start.
6. Easy to close.
OR
Functions of a promoter:
1. Identification of business opportunity.
2. Feasibility studies.
3. Name approval.
4. Fixing up signatories to the Memorandum of Association.
5. Appointment of professionals.
6. Preparation of necessary documents.
26. Functions of a commercial bank:
(16=6)
OR
Principles of insurance:
1. Utmost good faith: Both the insurer and insures should
display good faith towards each other in regard to
contract.
2. Insurable interest: The insured must have an interest in
preservation of the Thing or life insured.
3. Indemnity: The insurer undertakes to put the insured in the
event of loss in The event of loss in the same position that
he occupied immediately before the happening of the event
insured against.
(16=6)
27. Financial instruments:
1. Global depository receipt. 2. American depository receipt. 3.
Commercial banks 4. Development of banks. 5. Foreign currency
convertible bond. 6. International agencies.
OR
Merits of issuing debentures:
1. Fixed income. 2. Sales are stable. 3. No voting rights so no dilution
of control.
4. Debentures do not participate in the profits of the company.
5. Financing Through debentures is less costly. 6. Debentures
are tax deductible. (16=6)
28. Retailers to consumers: 1. Regular availability of products. 2.
New product Information. 3. Convenience in buying. 4. Wide
selection 5. After sales service.
6. Credit facilities.
OR
Retailers to manufacturers:
1. Helps in distribution of goods. 2. Personal selling. 3. Enabling
large scale operations. 4. Collecting market information 5. Helps in
promotion.
6.Taking important decisions.
(16=6)
**********
Max Marks - 90
VSA
SA
1 (1)
3 (1)
2. Forms of
business
organizations
1 (1)
LA
TOTAL
8 (3)
4 (1)
5 (1)
12 (3)
6 (1)
3 (1)
5 (1)
8 (2)
6 (1)
10 (3)
4. Business Services
1(1)
3 (1)
1 (2)
4 (1)
6. Social Responsibility of
Business and Business
Ethics.
7. Sources of Business Finance
1 (1)
1(4)
4 (1)
8. Small Business
9. Internal Trade.
3 (1)
6 (3)
5 (1)
6 (2)
6 (1)
14 (6)
6(1)
76(1)
5 (1)
12(3)
5 (1)
8 (2)
4(1)
10. International Business
3 (1)
Total
90
Note: Marks are indicated outside the Brackets and No. of questions inside the Brackets.
Project 10 Marks
10
2
Max Marks - 90
General Instructions:
1) Answers to questions carrying 1 mark may be from one word to one
sentence.
2) Answers to questions carrying 3 marks may be from 50 to 75 words.
3) Answers to questions carrying 4-5 marks may be about 150 words.
4) Answers to questions carrying 6 marks may be about 200 words.
5) Attempt all parts of a question together.
------------------------------------------------------------------------------------------------------1. State two examples of Assembling Industries.
(1)
(1)
(1)
(1)
(1)
(1)
10.
you classify sources of funds on the basis of ownership?
How can
(1)
What is
(3)
13.
meant by Insurable Interest?
What is
(3)
14.
Imagi
ne life without your local market. What difficulties would a
consumer face if there is no retail shop?
(3)
15.
meant by Bill of Lading?
What is
(3)
16.
Risk is an
essential element of businesses. In the light of this statement,
explain the concept of Business Risk and its any three causes.
(4)
17. Explain the need for outsourcing.
(4)
18.
meant by Retained Earnings? Explain any 3 merits of it.
What is
(4)
19.
any four services of wholesalers to manufacturers.
Explain
(4)
20.
between Private Company and public company.
Distinguish
(5)
21.
What is
meant by Multination companies? Explain any 3 features of it.(5)
22.
the meaning of Business Ethics and 3 elements of it.
Describe
(5)
24.
problems of international business?
Explain the
(5)
25. One man control is the best if that man is able manage
everything. Do you agree? Justify your statement.
(OR)
Explain any six features of Joint Stock Company.
(6)
(6)
Max Marks - 90
General Instructions:
1) Answers to questions carrying 1 mark may be from one word to one
sentence.
2) Answers to questions carrying 3 marks may be from 50 to 75 words.
3) Answers to questions carrying 4-5 marks may be about 150 words.
4) Answers to questions carrying 6 marks may be about 200 words.
5) Attempt all parts of a question together.
-----------------------------------------------------------------------------------------------------------1. Car, Computer.
(1)
(1)
3. Life Insurance
(1)
(1)
(1)
(1)
(1)
1) Owners
(1)
The
(3)
15.
Bill of
lading a document given by the shipping company. It is the official
receipt of the goods put on board its vessel and at the same time
gives an undertaking to carry them to the port of destination. It is
(4)
1)Focusing of attention.
2)Quest for excellence
3)Cost reduction
4)Growth Through alliance
5)Filip to economic development. Any four with explanation. (4)
18.
Retai
ned profit also known ploughing back of profit. It is the
undistributed profits after payment of dividend and taxes. Any 3
merits of it.
(4)
19. 1) Availability of goods
2)Marketing Support
3)Grant of credit
4)Specialized knowledge
5)Risk sharing . Any four with explanation.
(4)
(5)
21. The enterprises which operate in more than one country are
known as Global enterprises. Features:
1)Huge Capital resources
2)Foreign collaboration
3)Advanced Technology
4)Product innovation
5)Marketing strategies
6)Expansion of market territory
7)Centralized Control. Any 4 with explanation.
(5)
22. Business Ethics refers to the set of moral values or standards ort
norms which govern the activities of a business man. Elements of
Business Ethics:
1)Top management Commitment
2)Publication of a Code
3)Establishment of compliance Mechanism,
(5)
i) Location
ii) Range of
products
iii) Services
offered
iv) Pricing
v) Class of
customers
vi) Credit
facilities
vii) Flexibility.
(5
)
24. i) Different currencies
ii) Legal Formalities
iii) Distance Barriers
iv) Language Barriers
v) Difference in-laws
vi) Information Gap
vii) Transport
Any 5 with
(
explanation.
5
25.Problem
Yes. Benefits of Sole trader
organization any five with explanation:
i) Quick decision making
ii)Confidentiality of information
iii)
Direct incentive
iv)
Sense of accomplishment
Artificial Person
(6)
Lending of funds
C)
Cheque facility
D)
Remittance of funds
(6)
Economical
iii)
iv)
in ownership
No dilution
(6)
(6)
h) Technology
g) Capacity utilization
i) Sickness
j) Global competition
UNIT NAME
VSA(
1)
1(2)
SA(3,
4)
LA(5,
6)
6(1)
TOT
AL
8(3)
2.
Forms of business
organization
3(1),
4(1)
5(1)
12(3
)
3.
3(1)
5(1)
8(2)
4.
Business services
1(1)
3(1)
6(1)
10(3
)
5.
Emerging modes of
business
1(2)
4(1)
6.
Social responsibilities of
business and business
Ethics
1(1)
7.
Sources of business
finance
1(1)
8.
Small business
1(1)
9.
Internal trade
10
.
3(1),4(
1)
3(1),4(
1)
1(2)
6(3)
5(1)
6(2)
6(1)
14(4
)
5(1)
6(2)
5(1)
12(3
)
6(1)
8(3)
TOT
AL
90(2
8)
TIME: 3 HOURS
MAX. MARKS: 90
GENERAL INSTRUCTIONS:
Answers to questions carrying 1 mark maybe from one word to one sentence.
1. The industries which provide support services to other industries are known as
(a)
(c) Tertiary Industries
(b) Noise
pollution
(d) Air pollution
(
1
(b) 10 lakhs
(d) Rs.50, 000
(1)
4. Define Outsourcing
(1)
(1)
6.
(1)
(1)
(3)
(3)
(3)
(3)
(3)
(4)
(4)
(4)
Location
(b)
Credit facilities
(c)
Services offered
(d)
Class of customers
(e)
(5)
Pricing
(5)
(5)
23. What are the incentives provided by the government for industries in
backward and hilly areas?
(5)
24. Briefly explain the features of statutory corporation.
(5)
25. Explain the characteristics
of business (OR)
Compare business with profession.
(6)
(6)
(6)
(6)
(c)Tertiary Industries
(c)One crore
It refers to a long term contracting out of core and non- core activities 1
9
10
TIME: 3HOURS
MAX.MARKS:90
it by
an exporter.
Issue of shares
Issue of debentures
to 1
uncertainties or unexpected events
(a)
Fixed income at lesser risk
11 (b) Financing through debenture is less costly
(c)
No loss on control
BASIS
PRIVATE
PUBLIC
Minimu
Members
Minimum- 2
m- 7
Maximum- 50
12
Maximu
m
Minimum
3
2
No. Of
13
Index
Compulsor
Of
y
Memb
(a) Huge capital resources
(b) Advanced technology
(c) Centralized control
NonCompulsory
14
15
16
17
Retail
Sold in small
Many
18
BASIS
1.
EASE OF FORMATION
19
2.
PHYSICAL PRESENCE
required
varieties
of goods
are sold
Simple
Required
Not
2x2
3.
COST OF SETTING UP
High
Low
4x1=
4
4.
OPERATING COST
BASIS
High
Low
DEPARTMENTAL STORES
2 Credit Facilities
Credit
facilities are
available
MULTI
PLE
SHOPS
Location
Central
location is a
must Central
location is
not needed
Only cash
basis No
credit
facilities
20
3
Services Offered
Maximum Services
Class of Customers
Very Limited
Services
Lower income
group also
AIR Pollution
21
WATER pollution
LAND
pollution
NOISE
pollution
(a) Voluntary membership
(b)Service motive
22
(c) Limited liability
Pricing
Do
not have
uniform prices
Uniform prices
(d)D
e
mocratic control
(e) Registration is compulsory
No rent
23
5x
1
Abolishing Octroi
5x
1
Tax
holiday
1.
24
3.
5x1
BASIS
BUSINESS
25
QUALIFICATION
Minimum
No
qualificatio
n is
necessary
26
41
PROFESSION
Training in a
specific
field is
must
RETURN
PROFIT
PROFESSIONAL FEE
Risk
More risk
Some risk
Transfer
of
interest
BASIS
Possible
Not possible
Nationality of
Same nation
buyers and
sellers
DOMESTIC
INTERNATIONAL
Different nations
=6
Tax
holiday
Currency
used
Currency of
domestic
country is
used
Use
of
currencies Of
more
than
one Country
Mobility of
factors of
production
Nationality
of
other stake
holders
Relatively
more Within
the country
Usually
citizens of
the same
country
Relatively less
(OR)
After receipt of freight the shipping company issues an official
receipt of goods private on board, it is known as Bill of lading. It
is also document of title to goods.
3+3=
6
Any
4
point
s
(b)Insurable interest
(c) Indemnity
27
41
(b)Lending of funds
=6
BORROWED FUNDS
BASIS
OWNERS
FUNDS
1.Control
28
2.Voting
Rights
No
Voting
rights.
rig
hts
.
Not
redeemable
4.Degree of risk
High
(OR)
10
Mostly
redeemable
Low
41
=6
Merits:
(a) Permanent source of funds
(b)Economical
Demerits:
(a) Mis-utilisation of funds
(b)Dissatisfaction among shareholders
MODEL QUESTIONS
PAPER-II
Time : 3 hrs.
1.
2.
What in EFT.
3.
4.
5.
M.M. : 90
1
1
7.
8.
9.
10. Name the type of public Enterprise which is established by a special Act of
parliament.
1
11. Explain the nature of Business Finance.
20. Write a note on various telecom services available for enhancing business. 5
21. State and explain types of outsourcing of services.
101
XI Business Studies
AK
Or
What are the difference between share and Debenture.
26. What are Super Bazar? Explain their two advantages and two
disadvantages.
6
Or
Give advantages and limitation of mail order business.
27. What do you mean by Business Ethics? What are its elements.
Or
Business is essentially a social Institution and not merely a profit - making
activity. Explain.
28. What do you understand by Joint stock company? Explain it s Five
Features.
6
Or
Which form of business organisation is suitable for following types of
business and why.
i)
Beauty Parlour
ii)
Hotel
iii)
Bakery Shop
iv)
Shopping Mall
v)
vi)
102
XI Business Studies
MODEL QUESTIONS
PAPER-I
Time : 3 hrs.
1.
2.
M.M. : 90
Write the name of business organisation which is formed with the motive of
welfare of its members.
1
Write the full form of ATM.
3.
4.
Define outsourcing.
5.
6.
7.
8.
9.
13. No business is risk Free . In the light of this statement explain business risk
and its causes (any two).
3
14. What is business Finance? Why do business need Funds.
18. Discuss the limitation of electronic mode of doing business. Are these
limitations severe enough to restrict its scope? Give any three reasons to
support your answer.
4
19. What is environmental pollution? Why do the business enterprises need to
adopt pollution control measures.
20. Commerce is the sum of those processes which are engaged in the removal
of hindrances of person, Place and time . In the light of this statement
explain the hindrances which are solved by the effective commerce.
5
21. Explain the principle documents used in exporting.
XI Business Studies
23. Write about the major reform brought in by the govt. in the public sector in
the Industrial policy of 1991.
5
24. What is the difference between GDR and ADR.
Or
Explain the advantages of consumer cooperative store.
27. Explain the stage of formation of Joint Stock company.
Or
Explain any six factors which aff ect the choice of form of business
organisation.
28. Describe various types of insurance and examine the nature of risks
protected by each type of Insurance.
6
Or
What do you mean by services? Explain their characteristics.
XI Business Studies