SECTION A
Answer ALL questions, each in a word or in a sentence. Each question carries 1 mark.
1. Define Partnership.
2. What is focus group interview?
3. What do you mean by joint venture?
4. What is workshop?
5. Explain capitalism.
6. Write a note on mixed economy.
7. Explain HUF.
8. What is Perpectual succession?
9. Explain MNC.
10. Who is a Nominal partner?
(10x1=10 marks)
SECTION B
Answer any EIGHT questions, each in a short paragraph not exceeding 50 words. Each question
carries 2 marks.
SECTION C
23. What are the difference between equity shares and preference shares?
24. Explain Globalisation.
25. What are the features of New Economic Policy?
26. Explain the role of Entrepreneurs.
27. What are features of Managerialism?
28. Explain the role of public sector in Economic Development.
29. What are merits of Retained Earnings?
30. Write note on Social objectives of business?
31. What are the objectives of Non-Profit Organisation?
(6x4=24 marks)
SECTION D