ABHINAV PUBLIC SCHOOL

II TERM EXAMINATION(2017-18)

Time: 3 hrs Subject : Business Studies MM:80

Class – XI

SECTION A

Q1 what is meant by working capital? State the purposes for which a business requires working
capital? (3)

Q 2Describe the obligation of business towards owners, Shareholders & Investors (3)

Q3 Explain various kinds of social responsibility with example (3)

Q4 Explain various Application/ Utility of smart cards (3)

Q 5Explain features of BPO (3)

Q6 “Railways is a form of public sector enterprise which operates under the control of the
railway ministry “ (3)

(a) Identify the form of public sector enterprise

(b) Explain any 2 merits and demerits of the enterprise identified above in point (a)

Q7 “One man control is best in the world if that one man is big enough to manage everything”
Explain the statement (3)

Q8 ABC ltd. all members are sitting in a general meeting are killed by bomb. Was the company
wound up? (3)

SECTION B

(Answer any Six questions)

Q9 Explain commerce in context of classification of business activities (4)

Q10 Is profit is playing any role in business.Explai (4)

Q11 Identify the documents which lays down

(a) The charter which defines powers and objects of the company as well as the scope of
operations of the company beyond which it cannot operate
 (b) The documents which defines rules and regulations for internal management of the
affairs of company
(c) Explain in detail object clause, situation clause and Association clause (4)

Q 12 MNC’c have a great impact on international economy. A study has revealed the top 200
MNC’s control over a quarter of the world economy” In light of the above statement, Explain
features of MNC’s (4)

Q 13 Differentiate between life, Marine and Fire insurance (4)

Q14 Mr X owns a fashion boutique and operates a current account with the coming wedding
season, she is facing shortage of funds. He has applied for assistance from her bank. Since his
past track record is good, therefore the bank has credited Rs. 200,000 to her account and she
can withdraw the money as & when needed

(A) Identify the concept discussed

(B) State any two features of the concept identified in (A) above. (4)

Q15. a. Akshay has taken a life insurance policy hiding the fact that he is a heart patient;
later on he dies due to a heart attack. Is the insurance company liable to pay the
insured amount to the legal heirs of Akshay? Explain the principle of insurance violated
above.

b. Rahul has taken fire insurance policy for his factory. Due to fi re he suffered a loss of
Rs 4 lakh and he got the compensation for the same. The half burnt goods can be sold
for Rs 40,000. Who has the right over it and why? (4)

Q16 Explain any four banking services (4)

Q17 Do you think large number of industries are nowadays setting up there plants or industry in
rural areas or backward areas are being benefited by government in various forms? (4)

Q18 Differentiate between public deposits & Bank loan? (4)

SECTION C

Q19 The director of ABC ltd. have decided to modernize the plant and machinery at an
estimated cost of rupees 1 crore, but are in fix whether to issue equity shares or debentures for
this purpose. As a finance manager of the company, advise the directors whether to issue
equity shares or debentures in the interest of the company? (5)
 Or

As a source of finance retained profit is better than other source. Do you agree with this view?
Give reasons for your answer. Can company indefinitely by re –investing surplus profits?

Q20 “ The path of small scale industries is full of hurdles” In the light of this statement discuss
the problem faced by small scale industries? (5)

Or

Explain the role of small scale business in India

Q21. PQR Ltd. firms buys Basmati Rice from different Manufacturers in huge quantities and sells
these to XYZ Ltd., ABC Ltd.. etc. in small quantities under their own Brand name.

(i) In your opinion what services will PQR Ltd. Firms provide to XYZ Ltd. & ABC Ltd.?
(State any 2)
(ii) What services are provided by PQR Ltd. firms to manufactures? (State any2)
(iii) What services are provided by PQR Ltd. firms to the society? (State any 2) (5)

Q22 Explain different types of small Fixed shop retailers with examples? (5)

Or

Is a public company can start their business operations after stage of incorporation if not

(a) Identify the stages which are required to form public company
(b) Explain the stages which are required to form only public limited company

Q23 Differentiate between chain stores and departmental stores (6)

(a) Location
(b) Range of product
(c) Flexibility
(d) Price charged
(e) Risk
(f) Credit Facilities
(g) Class of Customers

Q24 Explain ADR, GDR & IDR along with its features (6)

Or

Explain ICD its types, merits and demerits