PM SHRI KENDRIYA VIDYALAYA SILCHAR

BUSINESS STUDIES (XII)

MARKING SCHEME
MCQs, RAQ, CASE BASE QUESTIONS (ONE MARKER)
Q.N STATEMENT
CHAPTER NO-01 NATURE & SIGNIFICANCE OF MANAGEMENT
1 b. (iii), (i), (ii)
2 b. efficient but not effective
3 a. Management is an intangible force
4 a. Both Assertion (A) and Reason (R) are true and Reason (R) is the correct
explanation of Assertion
5 a. Top Level Management
6 a. Planning and Organising
7 d. Assertion (A) is False but Reason (R) is True
8 b. Social objectives
9 c. Restricted entry
10 a. Both Assertion (A) and Reason (R) are true and Reason (R) is the correct
explanation of Assertion (A)
CHAPTER NO-02 PRINCIPLES OF MANAGEMENT
11 b. Proper selection
12 a. To replace old methods of doing work
13 a. A-iii, B-i, C-ii
14 d. Head, Plan
15 c. A place for everything and everything at its place
16 b. Eliminates rule of thumb approach
17 a. General guidelines
18

a. Esprit de crops
19 c. Assertion (A) is True but Reason (R) is False
20 SUBORDINATION OF INDIVIDUAL INTEREST TO GENERAL INTEREST.
CHAPTER NO-3 BUSINESS ENVIRONMENT
21 b. Interrelatedness
22 (c) Legal environment
23 (B) It helps the firm to identify threats and early warning signals
24 (a) Social Environment
25 c. Specific and general forces
26 (D) Political Environment
27 (c) Assertion is true, reason is false.
28 c. Legal environment
29 a. First mover advantage
30 (a) Dynamic
CHAPTER NO- 04 PLANNING
31 (c) Both A and R are correct and R is the correct explanation of A
32 (b) A is correct R is incorrect

33 (d) planning
34 (b) It may not work in a dynamic environment
35 a) 4,6,2,1,7,5,3
36 (b) Objective
37 (a) Method
38 (b) Strategy
39 (a) Programme
40 Selecting an alternative is the step of planning process going on.
CHPATER NO- 05 ORGANISING
41 a. Benefits of specialization
42 (a) Quick decision making.
43 (a) Both A and R are correct and R is the correct explanation of A
44 c) Motivation of employees
45 b) Responsibility
46 (a) Both A and R are correct and R is the correct explanation of R

47 a) Functional structure

48 (d) Organising
49 1. Formal organisation.
2. Informal organisation.
50 1. Functional structure.
2. Divisional structure.
CHAPTER NO- 06 STAFFING
51 (a) Trade test
52 (b) Promotion

53 (d) Vestibule School

54 (c) Recruitment
55 (a) Training
56 The way of recruiting is always
(b) Advertisement
57 (d) Supervision
58 (c) Both (a) and (b)
59 (b) Structured
60 (c) Both (a) and (b)
CHAPTER NO- 7 DIRECTING
61 (iii) Laissez fair leadership
62 (ii) Encoding
63 (iv) More number of organizational levels.
64 Bonus
65 Leadership
66 Autocratic leadership style.
67 Leader persuades, clarifies and inspires people to accept changes whole-
heartedly.
68 The preoccupied mindset of receiver neither give attention to the message
nor grasp it which leads to ineffective communication.
69 (i) Both assertion (a) and reason(r) are true and (r) is the correct
explanation of (a).
70 (ii) Both assertion (a) and reason(r) are true and (r) is not the correct
explanation of (a).
OR
Perquisites .
CHAPTER NO-8 CONTROLLING
71 d) Namita and Shamita
72 d) Improving employee’s motivation.
73 Controlling
74 d) Assertion (A) is false but Reason (R) is true.
75 c) Organizing resources
76 b) Controlling key result areas
77 c) Ensuring conformity of actual performance with set standard

78 b) Directing and controlling

79 d) Accounting ratios
80 Analysing deviations and taking corrective measures.
CHAPTER NO-9 FINANCIAL MANAGEMENT
81 d. Assertion is false but reason is true.
82 a. Low dividend

83 a. Debt
84
a. Gain for equity shareholders
85 b. Investment decision

86 a. Both assertion and reasoning are true and reason is the correct
explanation of assertion.

87 a. Higher current ratio, higher risk and higher profits

88 c. Level of competition
89 c. Ensuring that the firm faces neither a shortage nor a glut of unusable
funds.
90 c. High earning, high cash flows, stable earnings and lower growth
opportunities
91 Nature of business
Credit allowed
Scale of operations
CHAPTER NO- 10 FINANCIAL MARKET
92 b) RBI

93 b)T-bills
94 d)1992
95 c)(A) and (R) both are correct and (R) is the correct explanation of (A)
96
d)Administrative function
97 a) An institution which provides a platform for buying and selling of existing
securities.

98 d)Both (A) and (R) are correct but (R) is not the correct explanation of (A)
99
a) Short term finance repayable on demand with a maturity period.
100 b) Bridge Financing
101 Dematerialisation.
CHAPTER NO- 11 MARKETING MANAGEMENT
102 c) Customer value
103 a) Product design and development
104
a) Direct channel of distribution
105 c) Public relation
106 (d) Both a and c
107 (b) A is correct R is incorrect
108
a) During
109 (c) Place
110 (b) A is correct R is incorrect
111 The two product-related decisions which the students had to take are
branding and packaging.
CHAPTER NO- 12 CONSUMER PROTECTION
112 (a) Right to Safety
113 (d) District commission
114 (b) Right to seek redressal
115 (c) Hallmark
116 (a) Right to be heard
117 (c) Moral justification
118
 (a) Fruit and vegetable product
119 (b) Both (A) and (R) are true but (R) is not the correct explanation of (A)
120 (d) All the above.