Plus One Business Studies Previous Year Question Paper 2017

Kerala Plus One Business Studies Previous Year Question Paper 2017

Time Allowed: 2 1/2 hours
Cool off time: 15 Minutes
Maximum Marks: 80

General Instructions

• There is a ‘cool off-time’ of 15 minutes in addition to the writing time of 2 hrs.
• You are not allowed to write your answers nor to discuss anything with others during the ‘cool off time’.
• Use the ‘cool off time’ to get familiar with the questions and to plan your answers.
• Read questions carefully before you answering.
• All questions are compulsory and the only internal choice is allowed.
• When you select a question, all the sub-questions must be answered from the same question itself.
• Calculations, figures, and graphs should be shown in the answer sheet itself.
• Malayalam version of the questions is also provided.
• Give provided wherever necessary.
• Electronic devices except non-programmable calculators are not allowed in the Examination Hall.

Question 1.
Which one of the following is NOT related to the general objectives of the business?
a. Innovation
b. Physical and financial resources
c. Warehousing
d. Productivity

Question 2.
The business operations in a Joint Hindu Family business is controlled by ……………….
a. partners
b. karta
c. co – parceners
d. shareholders

Question 3.
The government decided to sell the shares in the telecom department to the private sector. This is an example of ………………
a. disinvestment.
b. memorandum of undertaking
d. rehabilitation
c. reconstruction

Question 4.
……………….. are licensed by the government to accept imported goods prior to payment of tax and customs duty.
a. Cooperative warehouse
b. Private warehouse
c. Bonded warehoused
d. Government warehouse

Question 5.
Transportation removes the hindrance of ……………….. in trading activities.
a. place
b. time
c. risk
d. finance

Question 6.
Mrs. Usha purchased a smartphone from LG company through the internet is a ……………….. activity.
a. B2B
b. B2G
c. B2C
d. C2C

Question 7.
One of the following is against business ethics. Find it.
a. Charging a fair price for the product
b. Giving wages to employees if by not considering their workload
c. Using correct measurement for products
d. Giving chances to hear the problems of employees

Question 8.
If a Public Limited Company is NOT preparing the Article of Association, it can adopt ………………….
a. Table A
b. Table B
c. Table C
d. Table D

Question 9.
………………….. document shows the relationship of the company with outsiders.
a. Articles of Association
b. Memorandum of Association
c. Prospectus
d. Certificate of Incorporation

Question 10.
………………. is the link between wholesaler and customer.
a. Manufacturer
b. Supplier
c. Retailer
d. None of these

Question 11.
A receipt issued by the commanding officer of a ship when the cargo is loaded on the ship is known as ………………
a. shipping receipt
b. mates receipt
c. cargo receipt
d. charter receipt

Question 12.
Manufacturing and selling goods beyond the boundaries of one’s own country are called ………………
a. national business
b. international business
c. domestic business
d. none of these

Question 13.
Identify the form of business organization related to the following statements.
a. An artificial person created by law.
b. Association of persons with the motive of the welfare of members.

Question 14.
Write a short note on the partnership deed.

Question 15.
What do you mean by Export Promotion Zones (EPZ)?

Question 16.
Correct the table given below, if there is a mistake.

Question 17.
Explain how the business units make land pollution.

Question 18.
“People work for others and get remuneration”.
a. Identify the economic activity involved in the above statement.
b. Write any two features of that economic activity.

Question 19.
AM Associates in India and C-Link Associates in Japan, two computer assembling firms, joined together and formed AMC Associates to do the same business.
a. Name the mode of international business mentioned above.
b. State any two advantages of such business.

Question 20.
Explain the causes of business risks.

Question 21.
Give a brief note about the social responsibility of business.

Question 22.
Write any three limitations of mail-order business.

Question 23.
a ………………. are also known as rural industries or traditional industries.
b. Write any three features of these industries.

Question 24.
Explain any four characteristics of a Government company.

Question 25.
‘Match the column A with column B.

Question 26.
Ram and Rahim decided to start a mobile shop at Aluva.
a. Which form of business organization is suitable for them?
b. Explain different types of such organizations.

Question 27.
The two main documents required for the formation of a company are the Memorandum of Association and Articles of Association. What are the differences between them?

Question 28.
Explain the features of departmental stores.

Question 29.
This service helps to reduce the impact of loss likely to be caused by uncertain events in a busi¬ness.
a. Identify the name of the service.
b. Explain the principles related to such services.
OR
a. Explain the different types of banks.
b. Explain the functions of commercial banks.

Question 30.
Explain the factors affecting the choice of business finance.
OR
What is meant by public deposits? Explain its merits and limitations as a source of finance.

Plus One Business Studies Previous Year Question Papers and Answers