AHSEC| CLASS 11| BUSINESS STUDIES| QUESTION PAPER - 2021| H.S. 1ST YEAR
2021
BUSINESS STUDIES
Full Marks: 100
Pass Marks: 30
Time: 3 hours
The figures in the margin indicate
full marks for the questions
1. (a) Business risk is not likely to arise due to - 1
(i) changes in
government policy
(ii) good
management
(iii) employee’s
dishonesty
(iv) power
failure (Choose the correct answer)
(b) The capital
of accompany divided into number of parts each one of which are called – 1
(i) dividend
(ii) profit
(iii) rate
(iv) share (Choose
the correct answer)
(c) Which of
the following is not private undertaking? 1
(i) Partnership
(ii) Departmental
undertaking
(iii) Joint-stock
company
(iv) Sole trade (Choose
the correct answer)
(d) Risk in
online transaction is – 1
(i) diversion of
risk
(ii) duplicacy of
information
(iii) misuse of
information
(iv) None of the
above (Choose the correct answer)
(e) E-commerce
does not include – 1
(i) a business’s
interactions with suppliers
(ii) a business’s
interactions with its customers
(iii)
interactions among the various departments of a business
(iv) interactions
among the geographically dispersed units of the business (Choose the correct
answer)
(f) Social
responsibility is – 1
(i) same as legal
responsibility
(ii) broader than
legal responsibility
(iii) narrower
than legal responsibility
(iv) None of the
above (Choose the correct answer)
(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
(i) 2
(ii) 3
(iii) 5
(iv) 7 (Choose
the correct answer)
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 promotor 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 in case 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
22. Explain the facilities to 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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