Practice Paper
TERM II (2021 – 2022)
Class – XI
Business Studies (054)
Time: 2 hours Maximum Marks: 40
General Instructions:
- This is a Subjective Question Paper containing 12 questions
- This paper contains 4 questions of 2 marks each, 4 questions of 3 marks each and 4 questions of 5 marks each.
- 2 marks questions are Short Answer Type Questions and are to be answered in 30-50 words
- 3 marks questions are Short Answer Type Questions and are to be answered in 50-80 words.
- 5 marks questions are Long Answer Type Questions and are to be answered in 80-120 words.
- This question paper contains Case/Source Based Questions.
1. What is international business?
2. Describe Short-term Finance.
3. State the meaning of intellectual property rights (IPR).
4. List the two broad categories of Internal trade.
5. Mention any three differences between departmental stores and multiple shops.
6. What are the aims of National Small Industries Corporation?
OR
What is District Industries Centers?
7. A London based manufacturing co. manufacturing washing machines wish to add 2 new products in India namely AC’s and Refrigerators. Out of a lot of 10 applicants the co. chose two wholesale firms whose proposals were very competitive and attractive. The wholesaler firm of AC’s hired the services of a retailer Hari at competitive prices to sell AC’s in Delhi; Hari informs his wholesaler firm’s head that the consumers of Delhi wish that their houses are cold when they reach their homes in the scorching heat of Delhi. Explain three services rendered by retailers to wholesalers or manufacturers.
8. “Finance is the lifeblood of business.” Is this statement true? Explain.
9. Describe the role of small business in rural India.
10. A manufacturing Co. opens shops at different locations in India. He sells goods on cash only. The shops have identical decorations. The prices of goods are fixed. In this way they eliminate unnecessary middlemen thus benefiting the consumers.
(a) Identify the type of shop referred to.
(b) Elaborate characteristics of such shops
OR
Uma, a village girl, comes to Delhi to visit her relatives. She goes with her cousin to a shop, which is centrally located. She becomes astonished by the varieties of goods which are sold here.
(a) Identify this type of shop.
(b) Explain features of such shops
11. Differentiate between Equity Share and Preference Share
OR
Differentiate between Shares .and Debentures.
12. Explain the benefits of International Business.