Session Ending Qp-Bp-Ms - Xi Business Studies
Session Ending Qp-Bp-Ms - Xi Business Studies
Blue Print
Business Studies- XI (054)
1 3 4 6 Total Total
Mark Marks Marks Marks
Unit-1 Evolution and 2 1 6
Fundamentals of Business
Unit-2 Forms of Business 1 1 10 16
organizations
Unit-3 Public, Private and Global 1 1 7
Enterprises 14
Unit-4 Business Services 3 1 7
Unit-5 Emerging Modes of 1 1 5
Business
Unit-6 Social Responsibility of 2 1 5 10
Business and Business
Ethics
Unit-7 Sources of Business Finance 3 1 1 10
Unit-8 Small Business and 4 1 10 20
Enterprises
Unit-9 Internal Trade 3 1 1 10
Unit-10 International Trade 1 1 1 10 20
*20x^ *4x^3= *6x^4= *4x^6= 80 80
1=20 12 24 24
Note:
* indicates number of questions.
^ indicates marks of each question.
KVS - ZIET, BHUBNESWAR
SESSION ENDING EXAMINATION 2023-24
CLASS- XI
BUSINESS STUDIES (054) SET-1
MM – 80 TIME: 3 Hrs.
General instructions:
1 This question paper contains 34 questions.
2. Marks are indicated against each question.
3. Answers should be brief and to the point.
4. Answers to the questions carrying 3 marks may be from 50 to 75
words.
5. Answers to the questions carrying 4 marks may be about 150 words.
6. Answers to the questions carrying 6 marks may be about 200 words.
7. Attempt all parts of the questions together.
Q.
No. Questions Marks
1 Which of the following do not come under e-banking? 1
(a) EFT
(b) ATM
(c) Overdraft
(d) Debit Card
2 Which does not have a separate Legal Entity? 1
(a) Departmental Undertaking
(b) Statutory Corporation
(c) Govt. company
(d) Private company
3 Industries like sugar mill or oil refinery are put under which category- 1
(a) Primary
(b) Secondary
(c) Tertiary
(d) None of the above
4 ___________ is not covered under the contract of indemnity. 1
(a) Life Insurance
(b) Marine Insurance
(c) Fire Insurance
(d) Accidental Insurance
5 It is a type of saving bank account in which access of a particular limit 1
gets automatically transferred to fixed deposit account.
(a) Current Deposits
(b) Multiple Deposits
(c) Fixed Deposits
(d) Recurring Deposits
6 Read the following statements: Assertion and Reason. Choose one of 1
the correct alternatives given below.
Assertion (A): The volume of B2B transactions is much higher than the
volume of B2C transactions.
Reason (R): To facilitate a single transaction, there are number of B2B
transactions.
Alternatives:
(a) Both Assertion (A) and Reason (R) are True and Reason (R) is the
correct explanation of Assertion (A)
(b) Both Assertion (A) and Reason (R) are True and Reason (R) is not
the correct explanation of Assertion (A).
(c) Assertion (A) is True but Reason (R) is False.
(d) Assertion (A) is False but Reason (R) is True.
7 (d) Plant
8 (e) Some social problems
9 (e) Peshawar
10 (c) Middleman
11 b) Inter corporate deposits
12 (d) Angel investment
13 (a) Bond
14 d) Patent
15 (c) Trade Credit
16 (b) entrepreneurship
17 (b) Proforma invoice
18 (c) Small business
19 (c) Five
20 (d) All of the above. (01 Mark for each)
21 Objectives of WTO (Any three):
• To ensure reduction of tariffs and other trade barriers imposed by
different countries;
• To engage in such activities which improve the standards of living, create
employment, increase income and effective demand and facilitate higher
production and trade;
• To facilitate the optimal use of the world’s resources for sustainable
development; and
• To promote an integrated, more viable and durable trading system.
(1 mark for each objective)
22 (a) Trade Credit
(b) Retained Earning
(c) Preference Shares
(d) Retained Earning
(e) Equity Shares
(f) Debentures (½ mark for each point)
23 Responsibility toward consumers (any three): -
(i) To supply right quality of goods & services at reasonable prices.
(ii) To ensure regular and adequate supply of products.
(iii) To inform them about new products and new uses of existing
products.
(iv) To handle the customers grievance promptly.
(1 mark for each point)
Or
Business Ethics
Refers to the moral values or standards or norms which govern the
activities of a businessman. Ethics define what is right and what is wrong.
By ethic we mean the business practices which are desirable from the point
of view of society.
(3 marks for correct explanation)
24 Goods and Services Tax: -
On July 1, 2017, the Government of India adopted the Commodities and
Services Tax (GST) in accordance with the 'One Nation, One Tax'
philosophy, in order to create a unified market and ensure the smooth
movement of goods across the country. Effective taxation ensures that
public funds are effectively employed in fulfilling social objectives for
sustainable development.
Key features of GST: -
• The territorial spread of GST in whole country.
• GST comprises Central GST (CGST) and the State GST [SGST] and IGST
(Interstate GST).
• GST [CGST + SGST] is charged at each stage of value addition and the
supplier offsets the levy on inputs in the previous stages of the value
chain through the tax credit mechanism.
• There are five tax bands for all goods and services, namely 0%, 5%,
12%, 18%, and 28%.
• There is no tax on export and supplier to SEZ.
• Tax liability takes place when the taxable income exceeds the
exemption limit of Rs 20 lakh.
(1 mark for meantime and 2 mark for features)
Or
Service to manufacturers (Any three):
a) Facilitating large scale production
b) Bearing risk
c) Financial assistance
d) Expert Advice
e) Help in marketing function
f) Storage (1/2 mark for heading and ½ mark for Explanation)
25 PUBLIC DEPOSITS
Public deposits meet the medium-term and short-term financial needs of
businesses. The deposits that are raised by a business directly from public
are known as public deposits. Through public deposits a company raises
loan from public for a fixed period of time at a fixed rate of interest. The
rate of interest offered on public deposits is generally higher than the rate
of interest on bank deposits. The acceptance of public deposits is regulated
by the R.B.I. Period of deposit can range from six months to three years.
Features
1. The process of obtaining the deposit is simple and does not involve more
formalities.
2. The cost of public deposits is usually less than the cost of borrowing from
banks and financial institutions.
3. Public deposits usually do not create any charge on company’s assets. As
the assets are free of charge, so it can be used as security for taking loans
from other sources.
4. As the depositors do not have voting rights, the control of the company
is not diluted from the shareholders to depositors.
5. Interest paid on public deposits is deductible from profit as an expense.
Therefore, taxable profit will reduce. As a result, tax burden will also
reduce.
6. A company can attract public deposit only when its financial position is
sound. Therefore, public deposits are also called fare weather friend.
(1 mark for meaning and 1 mark for each features)
Or
Preference share: The capital raised by issue of preference shares is called
preference share capital. They receive dividend at a fixed rate. Though the
preference share capital is also a part of owner’s capital but they do not
have voting right. Actually, preference shareholders are like creditors. Long
term and short term need of the company can be met by preference
shares.
Preference shareholders have a preferential claim over dividend and
repayment of capital.
Features of preference shares:
1. Preferential right: - Preference shareholders have pre-right over equity
shareholders to claim their dividend and capital.
2. No charge on assets: - The Company does not need to mortgage its
assets for the issue of preference shares. Preference share have no charge
against the properties of company.
3. Control: - It does not affect the control of equity shareholders because
they have no voting right.
4. Fixed dividend: - They get dividend at fixed rate. So, they are useful for
that investor who want fixed rate of return at low risk.
5. Costly sources of funds: - Rate of preference dividend is greater than
rate of interest on debenture, for a company it is costly source of funds
than Debentures.
6. No tax saving: - Preference dividend is not deductible from profit for the
calculation of income tax. Therefore, there is no tax saving.
(1 mark for meaning and 1 mark for each features)
26 1 Mark for each correct limitation
Or
1 Mark for each correct difference
27 Anshul is engaged in business, Ankur is engaged in profession and Priyanka
is engaged in employment.
Basis Business Profession Employment
(i) Profit earned Professional fee Salary or wages
Reward/Return
(ii) Capital Capital Limited capital No capital
Investment investment needed for required
required as per establishment
size and nature
of business
Blue Print
Business Studies- XI (054)
1 3 4 6 Total Total
Mark Marks Marks Marks
Unit-1 Evolution and 2 1 6
Fundamentals of Business
Unit-2 Forms of Business 1 1 10 16
organizations
Unit-3 Public, Private and Global 1 1 7
Enterprises 14
Unit-4 Business Services 3 1 7
Unit-5 Emerging Modes of 1 1 5
Business
Unit-6 Social Responsibility of 2 1 5 10
Business and Business
Ethics
Unit-7 Sources of Business Finance 3 1 1 10
Unit-8 Small Business and 4 1 10 20
Enterprises
Unit-9 Internal Trade 3 1 1 10
Unit-10 International Trade 1 1 1 10 20
*20x^ *4x^3= *6x^4= *4x^6= 80 80
1=20 12 24 24
Note:
* indicates number of questions.
^ indicates marks of each question.
KVS - ZIET, BHUBNESWAR
SESSION ENDING EXAMINATION 2023-24
CLASS- XI
BUSINESS STUDIES (054) SET-2
MM – 80 TIME: 3 Hrs.
General instructions:
1 This question paper contains 34 questions.
2. Marks are indicated against each question.
3. Answers should be brief and to the point.
4. Answers to the questions carrying 3 marks may be from 50 to 75 words.
5. Answers to the questions carrying 4 marks may be about 150 words.
6. Answers to the questions carrying 6 marks may be about 200 words.
7. Attempt all parts of the questions together.
Q.NO QUESTIONS MARKS
1 The head of the joint Hindu family is called 1
1 – proprietor
2-director
3-karta
4-manager
1 - मालिक
2-निदे शक
3-कताा
4-प्रबंधक
3 1
____________ refers to contracting out some of its activities to a third party
(a) BPO
(b) E-Commerce
(c) Outsourcing
(d) E-Banking
__________ अपिी कुछ गनतववधधयों को ककसी तीसिे पक्ष को अिब
ु ंधधत
कििे के लिए संदलभात किता िै जो पििे संगठि द्वािा ककए गए थे।
(ए) बीपीओ
(बी) ई-कॉमसा
(सी) आउटसोलसिंग
(डी) ई-बैंककंग
6 Gopal’s father wants to save Rs 1 lakh so that he can give gift the 1
money to Gopal on his graduation day. Which types of deposit should
he open with bank?
गोपाि के वपता 1 िाि रुपये बचािा चािते िैं ताकक वि गोपाि को उसके
स्िातक हदवस पि उपिाि दे सकें। उसे बैंक में ककस प्रकाि की जमा िालश
िोििी चाहिए?
7 ……. are agents who merely bring the buyer and seller into contact. 1
(i)selling agent
(ii)Commission agent
(iii)Stockist
(iv) Broker
9 1
External sources of capital are those that are generated through issue
of shares. (True /False).
पंज
ू ी के आंतरिक स्रोत वे िोते िैं जो शेयिों के निगामि से उत्पन्ि िोते िैं। (सि
गित)।
10 The part of profit which is not distributed to the shareholder is known 1
as …….
िद
ु िा ववक्रेताओं द्वािा उपभोक्ताओं को प्रदाि की जािे वाि सेवाएं
_________ िैं
(ए) सामािों का ववस्तत
ृ चयि
(बी) बबक्री के बाद सेवा
(सी) क्रेडडट सुववधाएं प्रदाि किें
(डी) ये सभी
जब नियाात के उद्दे श्य से माि का आयात ककया जाता िै तो उसे किा जाता
िै …
26 Manish, Rahul and Madhav live in the same locality. They used to meet and 4
discuss their ideas. After discussing the recent fire breakout in their area,
they decided to take fire insurance for their house or work area. Manish gets
his house insured against fire for Rs1 lakh and during the policy period, his
house gets damaged due to fire and the actual loss amounts to Rs 2.5 lakh.
The insurance company acquired the burning material and approved his
claim. Rahul gets his godown insured against fire for Rs 1 lakh but does not
take enough precautions to minimize the chances of fire like installing fire
extinguishers in the factory. During the policy, a fire takes place in his
godown and he does not take any preventive steps like throwing water and
calling the employees from the fire-fighting department to control the fire.
He suffered a loss of Rs 1,20,000. Madhav took a fire insurance policy of Rs
20 lakh for his factory at an annual payment of Rs 24,000. In order to reduce
the annual premium, he did not disclose that highly explosive chemicals are
being manufactured in his factory. Due to a fire, his factory gets severely
damaged. The insurance company refused to make payment for the claim as
it became aware of the highly explosive chemicals.
(a) How much can Manish claim from the insurance company?
1. 2.5 Lakhs
2. 1 Lakh
3. 2 Lakhs
4. None of the above
(b) How much compensation can Rahul get from the insurance
company?
1. Rs 2,00,000
2. Rs 1,20,000
3. Rs 1,00,000
4. Nil
(c) Which principle is violated in the case of Rahul?
1. Mitigation
2. Insurable Interest
3. Utmost Good Faith
4. Indemnity
(d) How much amount is the insurance company liable to pay to
Madhav if he files a case against it?
1. 24,000
2. Nil
3. Insufficient information
4. 20 lakh
28 Mrs. Neeta is the owner of readymade garment factory. Her main motive is 4
to maximize profits. For this, she has started to charge hefty price from her
customers supplying them low quality products. She has also drastically
failed in providing good working conditions to workers and pay them only
the minimum amount of wages. She is completely ignorant about the
amount of pollution her factory is generating. Due to all such reasons, the
efficient workers of her factory are now leaving the job and joining the
competitor’s business. The government has also put heavy penalty and
customer’s loyalty is completely missing. On the basis of reading the above
case, answer the following questions:
1. Which concept is lacking in the Neeta’s company?
(A) Coordination
(B) Cooperation
(C)Social responsibility
(D)Efficiency
2.The case talks about all the factors for assumption of social responsibility
by the business, except: (A) Avoidance of Government interference
(B) Creation of public image
(C)Long term interest of the firm problems
3.What does the case try to convey?
(A) Business must treat everyone equally.
(B) Business must not keep profit-making as the sole motive
(C)Business cannot thrive in isolation
(D)Business must pay handsome compensation to its workers
4. How can the business gain back its position?
(A) By assuming its responsibilities towards various social groups.
(B) By paying handsome compensation to its workers.
(C)By using eco-friendly methods of production.
(D)By paying taxes on time.
श्रीमती िीता िे डीमेड गािमेंट फैक्र की मािककि िैं। उसका मुख्य उद्दे श्य
िाभ को अधधकतम कििा िै । इसके लिए उसिे अपिे ग्रािकों से कम गुणविा
वािे उत्पादों की आपूनता कििे के लिए मोट कीमत वसि
ू िा शुरू कि हदया िै ।
वि श्रलमकों को अच्छी काम कििे की जस्थनत प्रदाि कििे औि उन्िें केवि
न्यि
ू तम मजदिू का भग
ु ताि कििे में भी ववफि िि िै। वि इस बात से पिू
तिि अिलभज्ञ िै कक उसके काििािे से ककतिा प्रदष
ू ण िो ििा िै। ऐसे सभी
कािणों से, उसके काििािे के कुशि श्रलमक अब िौकि छोडकि प्रनतस्पधी के
व्यवसाय में शालमि िो ििे िैं। सिकाि िे भाि जुमाािा भी िगाया िै औि ग्रािक
की वफादाि पिू तिि िदािद िै . उपिोक्त मामिे को पढिे के आधाि पि,
निम्िलिखित प्रश्िों के उिि द जजए:
1. िीता की कंपिी में ककस कॉन्सेप्ट की कमी िै ?
(ए) समन्वय
(बी) सियोग
(सी) सामाजजक जजम्मेदाि
(डी) दक्षता
2. मामिा व्यवसाय द्वािा सामाजजक जजम्मेदाि ग्रिण कििे के सभी कािकों
के बािे में बात किता िै , लसवाय: (ए) सिकाि िस्तक्षेप से बचाव
(बी) सावाजनिक छवव का निमााण
(सी) फमा की समस्याओं का द घाकालिक हित
3. मामिा क्या बतािे की कोलशश किता िै ?
(ए) व्यवसाय को सभी के साथ समाि व्यविाि कििा चाहिए।
(बी) व्यवसाय को िाभ कमािे को एकमात्र मकसद के रूप में िि ं िििा
चाहिए
(सी) व्यवसाय अिगाव में िि ं बढ सकता
(डी) व्यवसाय को अपिे कमाचारियों को अच्छा मुआवजा दे िा चाहिए
4. व्यवसाय अपिी जस्थनत वापस कैसे प्राप्त कि सकता िै ?
(ए) ववलभन्ि सामाजजक समि
ू ों के प्रनत अपिी जजम्मेदारियों को संभाििे के
द्वािा।
(बी) अपिे श्रलमकों को अच्छा मआ
ु वजा दे कि।
(सी) उत्पादि के पयााविण के अिुकूि ति कों का उपयोग किके।
(डी) समय पि किों का भुगताि किके।
29 Board of Director of ‘Bio Pure water Ltd “decides to set up its first unit 4
in the hilly area of Himachal P radish Company requires Rs 3 crores for
it and Rs 50 Lakhs for working capital, The Company has earned
marked 15% of its profit for Educational and Health needs of its
employees and their family members.
(i)The above company comes under which category as per MSMED
2006.
(ii)Write any two-commercial reason for setting up in hilly areas.
(iii) According to you, what are the option available to the company
for meeting its long term and short-term needs
'बायो प्योि वाटि लिलमटे ड' के निदे शक मंडि िे हिमाचि के पिाडी क्षेत्र में
अपिी पिि इकाई स्थावपत कििे का फैसिा ककया पी मूि कंपिी को इसके
लिए 3 किोड रुपये औि कायाशीि पूंजी के लिए 50 िाि रुपये की आवश्यकता
िै , कंपिी िे अपिे िाभ का 15% अजजात ककया िै अपिे कमाचारियों औि उिके
परिवाि के सदस्यों की शैक्षक्षक औि स्वास््य आवश्यकताओं के लिए।
(i) उपिोक्त कंपिी एमएसएमईडी 2006 के अिुसाि ककस श्रेणी में
आती िै ।
(ii) पिाडी क्षेत्रों में स्थावपत िोिे के कोई दो व्यावसानयक कािण लििें।
(iii) आपके अिस
ु ाि, कंपिी के पास अपिी िंबी अवधध को पिू ा कििे के
लिए क्या ववकल्प उपिब्ध िैं? औि अल्पकालिक जरूितें
30 List of sources of raising long term and short-term finance. Any two in 4
each category.
द घाकालिक औि अल्पकालिक ववि जट
ु ािे के स्रोतों की सच
ू ी .प्रत्येक श्रेणी में
कोई दो।
(a) What is the status of the capital structure of the above company?
33 6
Explain in detail the problems faced by the small business?
िघु व्यवसाय के सामिे आिे वाि समस्याओं के बािे में ववस्ताि से बताएं?
OR
What are the incentives provided by the government for industries in
backward and hilly areas?
वपछडे औि पिाडी क्षेत्रों में उद्योगों के लिए सिकाि द्वािा क्या प्रोत्सािि हदए
जाते िैं?
34 Mr. Sumit owns an ancestral house in Jamnagar. On the advice of his friend 6
he converts it into a lodge after renovation. The revenue from the lodge
helps to supplement his income considerably. On his death the property
(lodge) is inherited by his three sons in order of their age namely, Mr. Sham,
Mr. Anil and Mr. Satish who carry on with the business.
1 Which form of business is carried by Mr. Sumit
(A) Partnership
(B) One Person Company
(C) Joint Venture
(D) Sole Trading Concern
2 Which form of business is carried by their sons
(A) Partnership
(B) Joint Hindu Family Business
(C) Joint Venture
(D) Sole Trading Concern
3 Who amongst the three brothers has the right to exercise control over the
family business?
(A) Mr. Sham
(B) Mr. Anil
(C) Mr. Satish
(D) All the above
4 Which law governs Joint Hindu Family Business.
(A) Indian Partnership Act, 1932
(B) Cooperative Societies Act, 1912
(C) The Companies Act, 2013
(D) Hindu Succession Act, 1956
5 Whose liabilities are unlimited among all the members.
(A) Mr. Anil
(B) Mr. Sham
(C) Mr. Satish
(D) All have unlimited liabilities
6 Enumerate the two conditions necessary for formation of Joint
Hindu Family business
3 1
(c) Outsourcing
(सी) आउटसोलसिंग
4 1
(a) Manufacturer and Customer
5 1
Govt company
सिकाि कंपिी
7 (iv) Broker 1
(iv) ब्रोकि
8 1
Mitigation of loss
िक
ु साि का शमि
10 1
Retained earning
11 d)All of these 1
घ) ये सभी
14 Entrepot 1
पुिनिायाात
15 1
No because not on regular basis.
16 (c) 51 percent 1
(सी) 51 प्रनतशत
कंपिी की ऋण पूंजी
20 (a) Company 1
(ए) कंपिी
प्राकृनतक कािणों
मािवीय कािण
आधथाक कािण
औि अन्य कािण
एक अिग इकाई िि ं
सावाजनिक जवाबदे ि
23 a)Memorandum of Association 3
b)Difference between MOA & AOA
Basis MOA AOA
Meaning Memorandum of Association Articles of Association is
is a document that contains a document containing
all the fundamental all the rules and
information which are regulations that governs
required for the the company
incorporation of the
company.
Types of Powers and objects of Rules and laws of the
information company
contained
ए) एसोलसएशि का ज्ञापि
के प्रकाि
24 Benefits - 3
िाष्ट्र को िाभ
सेवाओं का उपयोग कििा आसाि बिाता िै जो उिके जीवि स्ति को बेिति बिािे
25 Meaning of: 3
B2B- Business to business is a form of transaction between businesses
such as one involving a manufacturer and wholesalers or whole sales.
का मतिब :
26 1. 1 Lakh 1+3
2. (d) Nil
3. (a) Mitigation
4. (b) Nil
1. 1 िाि
2. (डी) िीि
तीि। (वि) लमहटगैधथि
4. (बी) िीि
27 Market vendors/traders 4
Cheap Jacks
Street Traders
Second-hand goods stores
बाजाि ववक्रेता/व्यापाि
सस्ते जैक
स्र ट रे डसा
पुिािे सामाि की दक
ु ाि
(ए) व्यवसाय को िाभ कमािे को एकमात्र मकसद के रूप में िि ं िििा चाहिए
अधधनियम, 1951 की पिि अिुसूची में निहदा ष्ट्ट ककसी भी उद्योग से संबंधधत
वस्तओ
ु ं के निमााण या उत्पादि में िगे उद्यमों के मामिे में , िघु उद्यमों का संयंत्र
औि मशीिि में पच्चीस िाि रुपये से अधधक का निवेश िै िेककि पांच किोड रुपये
से कम।
ि) निदे शक मंडि िे हिमाचि प्रदे श के पिाडी क्षेत्र में भूलम औि श्रम की सस्ती
कीमत के कािण अपिी पिि इकाई स्थावपत कििे का निणाय लिया िै।
30 Sources of raising long term and short-term finance. Any two in each 5
category.
32 (a) The company's financial structure is robust, with more equity share 6
capital than long-term debt in its capital structure and a large cash
reserve.
(b) As the company has huge cash reserves with itself, it should use
retained earnings, or the self-financing technique for the
establishment of new unit
When a company earns profit, a certain amount or percentage of those
profits is retained within the business for future use and this is known as
retained earnings. When the business is financed through this source it is
known as ploughing back of profit or internal financing. Retained earnings
are a percentage of net earnings that is kept in the business for future
usage.
Reasons
• No initial fees: These funds are not subject to any explicit fees, such
as floatation costs or interest, because they are raised internally.
(ए) कंपिी की वविीय संिचिा मजबूत िै , इसकी पूंजी संिचिा में िंबी अवधध के
कििा चाहिए
भववष्ट्य में उपयोग के लिए व्यवसाय के भीति ििा जाता िै औि इसे प्रनतधारित
िै । रिटायडा कमाई शुद्ध कमाई का एक प्रनतशत िै जजसे भववष्ट्य में उपयोग के लिए
कािणों
• कोई प्रािं लभक शुल्क िि ं: ये फंड ककसी भी स्पष्ट्ट शुल्क के अधीि िि ं िैं, जैसे कक
• सकािात्मक शेयि मूल्य: बडी मात्रा में प्रनतधारित आय के कािण इजक्वट शेयिों
33 The following are some of the issues that small businesses face in rural 6
India:
Finance
Raw Materials
Management skills
Labor
Capacity Utilization
Technology Quality
Global Competition
OR
land, power, water, tax, raw material loan provided for concessional rate
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