Business Studies

Class XI
Time allowed: 3 hours
Maximum Marks: 100
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.

Questions 1- 15 contains 1 mark each

1. Why is business considered as economic activity?
2. What is meant by business risk?
3. What is meant by the partnership deed?
4. What is meant by E-Banking?
5. Outsourcing involves contracting out comment on this statement.
6. What is meant by the land pollution?
7. What is C2C commerce .give example?
8. Mention any two features of services?
9. What do you meant by social responsibility of the business?
10. Give any three advantages of Partnership firm?
11. Mention any one difference between traditional business and ebusiness
12. Mention any one social responsibility of the business towards
consumers
13. Which Act governs Hindu Undivided Family business?
14. What do you meant by Minimum subscription?
15. What is the main function of BIFR?
Questions 16 20 contains 3 marks each
16. Describe any three limitations of Departmental Undertakings.
17. Explain the Utmost good faith Principles of insurance.
18. Give any two limitations of e- Business.
19. Briefly explain (a) Ethical Responsibility (b) Discretionary
Responsibility
20. Explain the Transaction risks involved in online buying.
Questions 21 27 contains 4 marks each
21. What type of documents are required for the commencement of
business?
22. What are the advantages of preference shares?
23. Discuss the objective clause of Memorandum of Association
24. Distinguish between Statutory Corporation and Government company
on the basis of (i) Finance,(ii) Formation,(iii) ownership
25. Explain multiple objectives of Business.
26. Explain the limitations of Government Companies.
27. How would you categorise the financial needs of a business? Explain.

Questions 28 33 contains 5 marks each

28. Evaluate the need for out sourcing and discuss its limitations
29. (a) Explain the limitations of sole proprietorship.
(b) Mr. Vinod running a business of manufacturing toothpaste and
toothbrushes. He decided to donate 200 toothbrushes and toothpastes
every month to the economically backward student because they could
not afford to buy toothbrush and toothpaste. Identify the values disclosed
by Mr. Vinod.
30. Discuss the arguments for and against social responsibilities of
business.
31. Explain the main elements of Life insurance. Also identify the values
involved in the
concept of insurance.
32. Briefly describe the various types of bank accounts
33. What is the role of Business in environmental protection?
Questions 31 32 contains 6 marks each
34. Profit maximisation cannot be the sole objective of a business.
Comment.
Or
What are the various steps required for raising funds from public by a
company?
35. What do you mean by global enterprises? What are their features?
Or
Distinguish between Marine insurance and Life Insurance.