Business Studies Question Paper 2021 [AHSEC Class 11 Business Studies Question Papers]

1. (a) Business risk is not likely to arise due to

(1)       Changes in government policy.

(2)       Good management.

(3)       Employee’s dishonesty.

(4)       Power failure.

(Choose the correct answer)                     1

(b) The capital of a company divided into number of parts each one of which are called

(1)       Dividend.

(2)       Profit.

(3)       Rate.

(4)       Share. (Choose the correct answer)                     1

(c) Which of the following is not private undertaking?

(1)       Partnership.

(2)       Departmental undertaking.

(3)       Joint-stock company.

(4)       Sole trade. (Choose the correct answer)                     1

(d) Risk is online transaction is

(1)       Diversion of risk.

(2)       Duplicacy of information.

(3)       Misuse of information.

(4)       None of the above. (Choose the correct answer)                     1

(e)  E-commerce does not include

(1)       A business’s interactions with suppliers.

(2)       A business’s interactions with its customers.

(3)       Interactions among the various departments of a business.

(4)       Interactions among the geographically dispersed units of the business. (Choose the correct answer)           1

(f) Social responsibility is

(1)       Same as legal responsibility.

(2)       Broader then legal responsibility.

(3)       Narrower than legal responsibility.

(4)       None of the above. (Choose the correct answer)                     1

(g) _______ share capital has priority both in repayment of dividend as well as capital. (Fill in the blank)               1

(h) Minimum number of members required for making private company is

(1)       2.

(2)       3.

(3)       5.

(4)       7. (Choose the correct answer)                     1

2. Why is business considered as economic activity?         2

3. What is meant by unlimited liability?                 2

4. What is public-private enterprise?       2

5. What is meant by Central Bank?           2

6. Give the meaning of B2B Commerce.                 2

7. Write the differences between e-Business and traditional business.     3

8. Write three arguments against social responsibility.     3

9. Write three functions of promoter of a business.          3

10. What are the features of bill of exchange?                    3

11. What are the differences between an ancillary unit and a tiny unit?   3

12. What are the problems faced by small-scale industries?          5

13. Discuss the services provided by wholesalers to the producers of goods and services.  5

14. What are the benefits to a country increase of international business?             5

15. What are the causes of business risk?              5

16. What are the different types of partners of a partnership business?        5

17. How does the government maintain a regional balance in the country?    5

18. Discuss the natures of services.   5

19. Elaborate the steps involved in online trading.             8

Or

“Business is essentially a social institution and not merely a profit-making organization.” Comment.          8

20. What is a Memorandum of Association? Briefly explain its clauses.    8

Or

What is a commercial paper? What are its advantages and disadvantages? Discuss.           8

21. Discuss the services of retailers to the manufacturers and wholesalers.      8

Or

What is IMF? Discuss its functions.   8

22. Explain the facilities of set up small business.    8

Or

Discuss in detail the different forms of Public Sector Enterprise. State two main reasons for the failure of such enterprise.                 8

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