11
CLASS – XI
BUSINESS STUDIES
PRACTICE QUESTION PAPER
TIME: 3 HOURS
Q. NO. QUESTION MARKS
1. Name the organisation which is considered as a part of government only. 1
2. In order to call a company, a government company, how much minimum 1
partnership is necessary for the Government’s ownership?
3. Heterogeneity is the feature of which type of business service? 1
a) Banking
b) Insurance
c) Warehousing
d) All of the above
4. Who can get an overdraft from a bank? 1
5. What is meant by mode of business? 1
6. When enterprises behave as good citizen, towards which group are they 1
showing their responsibility?
7. The term “redeemable” is used for which of the following: 1
a) Preference Shares
b) Equity Shares
c) Trade Credit
d) None of these
8. Funds required for purchasing current assets is an example of: 1
a) Fixed capital requirement
b) Ploughing back of profits
c) Working capital requirement
d) Lease financing
9. What is the status of debenture holders in a company? 1
10. Give the name of the financial source when one company give loan to 1
another company.
11. The investment limit of SSI does not exceed______ 1
Page 1 of 5
a) Above Rs.25 lakh & up to Rs.5 crore
b) Rs.2 crore
c) Rs.3 crore
d) Rs.10 crore
12. Which of the following provides opportunity for artisan? 1
a) Companies
b) Large-scale business
c) Small business
d) None of the above
13. What is the outcome of entrepreneurship called? 1
a) Entrepreneur
b) Entrepreneurship
c) Enterprise
d) Entrepreneur & Entrepreneurship
14. Under GST system, the origin of GST takes place on the basis of the place 1
of ____________ of goods & services. (consumption/production)
15. You are a student of class 11 and you have a special interest in the 1
subject Business Studies. Your friend wants that he should do his
business on the basis of Advertisement only, without opening any shop.
You suggest to him what kind of business he should do.
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16. Identify the following traits of business, profession & employment: 3
a) Hari sells mobile phones on behalf of his employer.
b) It requires minimum academic & other qualifications.
c) A hawker sells toys for children outside a function.
d) Dhruv is the manager of a mobile company.
e) V Sanjay is an advocate of High Court.
f) A person repairs scooters on roadside.
17. A, B & C are partners in a firm manufacturing auto parts. Their firm is not 3
registered. In order to increase the earnings of the firm, B decided to use
low quality raw materials without the knowledge of A & C. As a result,
many accidents were reported by the consumers & a case has been filed
against the firm.
a) Is this wrong act of B binding on A & C?
b) State the feature related to it.
c) Can A & C file case against B & why?
18. ABC Ltd. is planning to expand their business & need money. The 3
finance manager reported that company is not in a position to bear extra
burden of paying interest & equity shareholders insisted not to issue more
shares as there is risk of losing control on issue of new shares in the
market.
a) Suggest a source of owner’s fund suitable in above case.
b) State any two advantages of this source.
19. “Earning of profit cannot be the objective of business any more than the 4
eating is the objective of living.” Do you agree with this statement? Give
reasons in support of your answer.
20. The government planned to begin a road project. The government needed 4
management specialists and financial help to complete it. The government
contacted the private sector to fulfil this requirement. Now, this project
will be completed jointly by both the public sector and private sector.
What kind of partnership is it? Explain its features.
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21. Differentiate between e-business & traditional business on the following 4
basis:
a) Personal touch
b) Risk involved
c) Setting up cost
d) Human resource required
22. What do you mean by the principles derived from social values which 4
guide and govern the conduct of businessmen? Explain its elements.
23. Write a detailed note on IPR. 4
24. “It is said to be an artificial person created by law, having a separate 6
entity with perpetual succession & common seal.” What is it? Explain its
features.
25. Explain the following principles of insurance with example: 6
a) Principle of causa proxima
b) Principle of contribution
c) Principle of subrogation
26. The directors of a company have decided to set up a new plant at an 6
estimated cost of rupees ten crores. State the sources of finance available
along with their merits.
----------------------------------------------END OF PAPER--------------------------------------------
Page 4 of 5
KENDRIYA VIDYALAYA SANGATHAN
ZONAL INSTITUTE OF EDUCATION & TRAINING,
CHANDIGARH
SAMPLE PAPER, SET-1
CLASS – XI
BUSINESS STUDIES
2022-2023
MARKING SCHEME
TIME: 3 HOURS M.M.: 80
Q. NO. ANSWER MARKS
1. Departmental Undertaking 1
2. Minimum 51% 1
3. (d) All of the above 1
4. A holder of current account i.e. Businessman 1
5. It means manner of conducting business. 1
6. Government & Community 1
7. (a) Preference Shares 1
8. (c) Working capital requirement 1
9. Creditors 1
10. Inter-corporate Deposits 1
11. (a) Above Rs.25 lakh & up to Rs.5 crore 1
12. (c) Small business 1
13. (c) Enterprise 1
14. (b) Single-line shop 1
15. Consumption 1
16. (b) Both assertion (A) & reason (R) are correct but reason is not the correct 1
explanation of assertion.
17. Mail order business 1
18. Letter of credit 1
19. (b) 1st January, 1995 1
20. (d) Shipping bill 1
Page 1 of 3
21. a) Employment 3
b) Profession
c) Business
d) Employment
e) Profession
f) Business
(6 * 0.5)
22. a) Yes 3
b) Mutual agency
c) No, partners of an unregistered firm cannot file case on each
other. (3 * 1)
23. a) Retained Earnings 3
b) Any two advantages of retained earnings
(1+2)
24. Chain Store 3
Any two features of chain store with explanation
(1+2)
25. Yes, I agree with this statement. 4
Reasons:
Explain any three other objectives of business. (Social/Personal) (1+3)
26. Public Private Partnership 4
Explain any three features with explanation
(1+3)
27. BASIS TRADITIONAL E-BUSINESS 4
BUSINESS
a) Personal touch Personal touch is present. There is no personal
touch
b) Risk involved Less risk is involved. High risk is involved.
c) Setting up cost It is high. It is low.
d) Human Technically qualified & IT Semi-skilled & skilled
resource required professionals are required. labour required.
(4 * 1)
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28. Business Ethics 4
Any three elements of business ethics with explanation.
(1+3)
29. Meaning of IPR: It refers to the special right to the creator for a definite 4
period, which is provided to him for the use of his creative work.
a) Copyright: it refers to the right given to the creator on his literary &
artistic creations.
b) Patent: It refers to the right given to a creator as a result of his
creation of a new, useful & non-obvious product or process.
c) Trademark: It refers to the right given to the creator under which no
other person or business concern can use his ‘well protected
distinguishing identity.’
(1+3)
30. Any two services provided by retailer to wholesaler & consumer each. 4
(2+2)
31. It is Joint Stock Company. 6
Explain any five features with explanation.
(1+5)
32. Explain all three principles of insurance with the help of example. 6
(3 * 2)
33. Equity Shares, Preference Shares, Debentures (with meaning) 6
1 Advantage of each source
(2+2+2)
34. 1. Obtaining certificate of origin 6
2. Reservation of shipping space
3. Packing & Forwarding
4. Insurance of goods
5. Custom clearance
6. Obtaining mate’s receipt.
(6 * 1)
----------------------------------------------END OF PAPER--------------------------------------------
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KENDRIYA VIDYALAYA SANGATHAN
ZONAL INSTITUTE OF EDUCATION & TRAINING, CHANDIGARH
SESSION ENDING EXAMINATION
CLASS – XI, SET-2
BUSINESS STUDIES, 2022-2023
BLUE PRINT
UNIT NAME OF UNIT VSA (1 SA I SA II LA (6 TOTAL
NO. MARK) (3 MARKS) (4 MARKS) MARKS)
PART A – FOUNDATION OF BUSINESS
1 Evolution & 2 1 1 16
Fundamentals of
Business
2 Forms of Business 1 1
Organisations
3 Public, Private & 3 1 14
Global Enterprises
4 Business Services 1 1
5 Emerging Modes of 1 1 10
Business
6 Social Responsibility 1 1
of Business &
Business Ethics
TOTAL 9(9) 3(1) 16(4) 12(2) 40(16)
PART B – FINANCE & TRADE
7 Sources of Business 3 1 1 1 20
Finance
8 Small Business 4
9 Internal Trade 2 1 1 20
10 International Business 2 1 1
TOTAL 11(11) 9(3) 8(2) 12(2) 40(18)
GRAND TOTAL 20(20) 12(4) 24(6) 24(4) 80(34)
Page of
1KENDRIYA VIDYALAYA SANGATHAN ------ Error! Bookmark not
defined.
ZONAL INSTITUTE OF EDUCATION & TRAINING -------- Error! Bookmark not
defined.
SESSION ENDING EXAMINATION, SET ------------------------------------------------- 4
CLASSBUSINESS STUDIES -------------------------------- Error! Bookmark not defined.
Time Allowed: 3 Hours M.M.: 80
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.N. QUESTION MARKS
1. Which of the following comes under Modern Small Industries? 1
a) Khadi b) Handicrafts c) Coir d) Power looms
2. Limit of investment in small scale industry is ________. 1
a) ten crore b) five crore c) two crore d) one crore
3. ________ consists of various organisations owned and managed by the 1
government.
a) Public sector b) Private sector c) Service sector d) Manufacturing sector
4. State which of the following statements regarding reasons for international 1
business are correct:
a) International business transactions involve use of currencies of more than
one country.
b) Labour productivity and production costs differ among nations due to
various socioeconomic, geographical and political reasons
c) Availability of various factors of production differs among nations d) All
of the above
5. A warehouse keeper accepts goods for the purpose of ________. 1
a) export b) selling c) storage d) packaging
