WINTER BREAK ASSIGNMENT

Subject: BUSINESS STUDIES (054)

Class: XI
I. Answer the following questions in your notebook.
Q1. Identify the type of public sector enterprise in the following statements:
a. RBI and FCI are the examples of this form of enterprise.
b. Where national security is concerned, this form is most appropriate.
c. These are established under an Act of Parliament.
d. This enterprise is financed directly from the Government Treasury.
e. Indian Railways and Posts and Telegraphs are the examples of this form of
enterprise.

Q2. There are two statements marked as Assertion (A) and Reason (R). Read
the statements and choose the appropriate option from the options given below
Assertion: Protecting the physical environment is in general interest of the firm.
Reason: By protecting the physical environment, the business can keep the
government interference at bay.
(A) Assertion is correct, reason is not.
(B) Assertion is incorrect, reason is correct.
(C) Assertion and reason both are correct.
(D) Assertion and reason both are incorrect.
Q3. “International business is more than international trade”. Comment.
Q4. Can profit be the sole objective of a business? Explain the reasons in favour
and against the profit objective of the business.
Q5. Explain in detail the comparative study of life, fire, and marine insurance
businesses.
Q6. Discuss the features of a departmental store. How are they different from
multiple shops or chain stores?
Q7. Kiran is a sole proprietor. Over the past decade, her business has grown
from operating a neighbourhood corner shop selling accessories such as
artificial jewellery bags, hair clips and nail art to a retail chain with three
branches in the city. Although she looks after the varied functions in all the
branches, she is wondering whether she should form a company to better
manage the business. She also has plans to open branches countrywide.
a. Explain two benefits of remaining a sole proprietor.
b. Explain two benefits of converting to a joint stock company.
c. What legal formalities will she have to undergo to operate business as a
company?
Q8. Amjad wants to start a business unit manufacturing Khadhi items. His
friend who makes craft items, suggests him to start a small-scale industrial unit
in some rural, backward area since the government is offering various
incentives to small-scale industries.
a. State any four incentives offered by the government for small-scale
industries.
b. Name two institutions set up by the government of India to promote small-
scale industries in rural India. Explain their role.

II. Complete the project work as per CBSE Guidelines.