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CBSE(NCERT) · Grade 12 · Business Studies

CBSE(NCERT) GRADE 12 BUSINESS STUDIES 2023 SET4

33 questions from this Grade 12 Business Studies paper. Log in as a Grade 12 student to view solutions.

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Q1 mcq 1 mark
Sarita bought a flat from Sugan Developers for < 5 crore and was shocked to discover that the quality of construction was bad, roof leaked during the rainy season and plaster was coming off at various places. Which consumer forum should she approach for redressal of her grievance ?
  • A. District Commission
  • B. State Commission
  • C. National Commission
  • D. Supreme Court

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Q2 mcq 1 mark
In a recent ruling, the Supreme Court of India has ordered an immediate stop on commercial activities in a 500-metre radius of the Taj Mahal and asked Agra Development Authority to ensure compliance of its directive. Which dimension of business environment is reflected here ?
  • A. Social
  • B. Technological
  • C. Legal
  • D. Political

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Q7 mcq
Government of India demonetised notes of $500 and $1000 on November 8, 2016. Demonetisation means :
  • A. They ceased to be legal tender except for a few specified purposes.
  • B. These notes could not be banked but could be freely used otherwise.
  • C. These notes could be converted into gold coins from Reserve Bank of India.
  • D. These notes could be used for household purposes but not for business purposes.

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Q8 mcq
Taylor called for complete mental revolution on the part of both management and workers. It meant that management and workers should transform their thinking. Management should share the gains of the company, if any, with the workers. At the same time, workers should work hard and be willing to embrace change for the good of the company. The principle of management highlighted above is :
  • A. Science, not the Rule of Thumb
  • B. Cooperation, not Individualism
  • C. Harmony, not Discord
  • D. Development of Each and Every Person to His or Her Greatest Efficiency and Prosperity

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Q9 mcq
Keya Ltd. is a large organisation manufacturing a popular brand of desi ghee and supplying it to various states of India. They manufacture 10,000 litres of desi ghee every day and pack in cartons of 250 ml, 500 ml and 1 litre sizes. The production manager ensures that one out of every ten cartons of each size is checked for quality control everyday. The step of the controlling process discussed in the above para is :
  • A. Setting performance standards
  • B. Measurement of actual performance
  • C. Comparison of actual performance with standards
  • D. Analysing deviations

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Q11 mcq
The process that initiates implementation of plans by clarifying jobs and working relationships and effectively deploying resources for attainment of identified and desired results is known as:
  • A. Organising
  • B. Controlling
  • C. Staffing
  • D. Planning

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Q12 mcq
Identify the correct sequence of two-level-channel of distribution:
  • A. Manufacturer Retailer Agent Customer
  • B. Manufacturer Consumer Retailer Wholesaler
  • C. Manufacturer Agent Customer Retailer
  • D. Manufacturer Wholesaler Retailer Consumer

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Q13 mcq
___________ has been established with the specific objective of providing a ready market for money market instruments.
  • A. Discount Finance House of India
  • B. Securities and Exchange Board of India
  • C. Reserve Bank of India
  • D. State Bank of India

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Q14 mcq
Rahul wants to buy shares of a company listed on National Stock Exchange. He feels that the share prices will go up in the future. Which market should he approach for this purpose?
  • A. Money market
  • B. Primary market
  • C. Secondary market
  • D. Both (b) and (c)

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Q15 mcq
Statement I: Values are general rules for behaviour of individuals in society formed on the basis of common practice and principles after research in work situations. Statement II: While practising principles of management, values cannot be neglected as businesses have to fulfil social and ethical responsibilities towards society. Choose the correct option from the options given below:
  • A. Statement I is true and II is false.
  • B. Statement II is true and I is false.
  • C. Both the statements are true.
  • D. Both the statements are false.

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Q16 mcq
Which of the following is a development function of Securities and Exchange Board of India?
  • A. Training of intermediaries of the securities market
  • B. Promotion of fair practices and code of conduct in the securities market
  • C. Undertaking steps for investor protection
  • D. Prohibition of fraudulent and unfair trade practices

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Q17 mcq
The element of promotion mix which involves a variety of programmes products in the eyes of the public is:
  • A. Personal selling
  • B. Public relations
  • C. Marketing
  • D. Sales promotion

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Q17 mcq
The element of promotion mix which involves a variety of programmes to build goodwill, maintain a favourable image, and protect products in the eyes of the public is:
  • A. Personal selling
  • B. Public relations
  • C. Marketing
  • D. Sales promotion

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Q18 mcq
The level of packaging of the chocolate shown in the picture below is:
  • A. Secondary packaging
  • B. Transportation packaging
  • C. Designer packaging
  • D. Primary packaging

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Q19 mcq
The process of holding securities in electronic form is called dematerialisation. Which of the following statement does not relate to dematerialisation?
  • A. Smooth transfer and settlement of trade through a single account in shares
  • B. Demat securities can be pledged or hypothecated to get loans
  • C. No danger of loss, theft or forgery of share certificates
  • D. Existing physical shares cannot be converted into electronic form

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Q20 mcq
Match the various communication barriers given in Column II with their respective categories given in Column I:
  • A. P(i), Q(ii), R(iii), S(iv)
  • B. P(iv), Q(iii), R(i), S(ii)
  • C. P(iii), Q(i), R(iv), S(ii)
  • D. P(iii), Q(ii), R(iv), S(i)

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Q21 long answer 3 marks
Praveen and Naveen are friends. Praveen became a professional after his MBA from IIM, Bangalore. In a discussion with Praveen, Naveen said that he too is a professional and is working with a multinational company as a senior manager getting a good package. Praveen was not convinced about the fact that Naveen was a professional in spite of being aware that nowadays there is increasing emphasis on managed business concerns. Praveen gave three reasons in support of his opinion. Explain the three reasons that Praveen might have given.

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Q22 long answer
Human resources are the most important asset of an organisation. The ability of an organisation to achieve its goal depends upon the quality of its human resources. The General Manager of appointed an IIM graduate, Pawan Rai, specialised in finance as Marketing Manager. On monthly evaluation, it was found that Pawan the monthly targets of the organisation. The Chief Executive Officer (CEO) of the company asked for investigation into the matter. The CEO

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Q22 long answer 3 marks
Human resources are the most important asset of an organisation. The ability of an organisation to achieve its goal depends upon the quality of its human resources. The General Manager of appointed an IIM graduate, Pawan Rai, specialised in finance as Marketing Manager. On monthly evaluation, it was found that Pawan was not able to achieve the monthly targets of the organisation. The Chief Executive Officer (CEO) of the company asked for investigation into the matter. The CEO was told that Pawan Rai has a specialisation in finance but was appointed as a Marketing Manager. The CEO discussed this matter with the General Manager and explained to him the importance of putting the right person at the right job. He further explained that it would not only lead to higher performance but would also provide many other benefits. Besides the benefits of putting the right man at the right job, state the three other benefits which the CEO might have explained to the General Manager that are not given in the above para.

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Q23 long answer 3 marks
(a) Explain any three points of importance of Controlling function of management. OR (b) Explain the relationship between planning and controlling with the help of any three points.

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Q24 long answer 3 marks
(a) State any three differences between capital market and money market on the basis of: (i) Participants (ii) Investment outlay (iii) Safety OR (b) State any three regulatory functions of the Securities and Exchange Board of India.

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Q25 long answer 4 marks
(a) Identify and explain the following: (i) It is a job-oriented process which attempts to improve the performance of employees on the current job and prepares them for any intended job. (ii) It is a career-oriented process which enables the overall growth of the employee. OR (b) Explain any two sources of recruitment for various job positions which bring new blood in the organisation and provide wider choice.

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Q26 long answer 4 marks
(a) Identify and state any three features of the process of influencing people so that they strive willingly and enthusiastically towards the achievement of group goals. OR (b) The process of stimulating people to action to accomplish desired goals is based on certain assumptions. State four such assumptions.

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Q27 long answer 4 marks
communication leading to creation of an environment of distrust and misunderstanding. Suggest any four measures to improve communication effectiveness in

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Q27 short answer 4 marks
Suggest any four measures to improve communication effectiveness in communication leading to creation of an environment of distrust and misunderstanding.

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Q28 long answer 4 marks
State any four factors affecting the decision which relates to how much of the profits earned by a company will be distributed and how much will be retained in the business.

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Reading Passage

Kaveri feels that detailed plans of action reduce waste and duplication of efforts. However, her friend, Sana feels that in an uncertain and dynamic world, this type of planning may not work. Kaveri again stresses on her statement and explains why this financial blueprint is important.

Q29 short answer 4 marks
Identify the concept and state three points of its importance in addition to those explained in the above para.

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Reading Passage

consumer service and grievance redressal centre to address consumer concerns. The mobile phone number of the consumer service and grievance redressal cell is printed on the labels of all its products as a policy to get feedback or complaints from their consumers. It also runs various programmes to educate the consumers about their rights and reliefs available to them in case a product or service falls short of their expectations.

Q30 short answer 4 marks
Explain the two rights of the consumers which are being promoted by the company.

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Q30 short answer 6 marks
The physical handling and movement of goods from the place of production to the place of distribution is an important element of marketing mix. (i) Name and state the element. (ii) Explain any three main components of this element.

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Q31 short answer 6 marks
(a) advantages of Formal Organisation. OR (b) Give the meaning and any four advantages of this structure.

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Q31 short answer 6 marks
It affecting the revenue and profits of a firm.Name and state this element of marketing mix. Explain any three factors affecting the determination of this element of marketing mix.

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Q33 short answer 6 marks
A famous cricket coach, Alam Raza was hired by Sports College, Indore to coach the college cricket team for a National level competition. In the first meeting itself, the Principal of the college announced that the players would enter into an agreement with the college. The agreement would state the reporting time for players on the field and other rules and regulations. Failure to obey the agreement and rules would lead to judicious application of penalties. It was also announced by the College Principal that the players would receive orders from the coach and they would all be responsible only to the coach, to prevent confusion regarding tasks to be done. The coach was very determined to train the players to win, as the entire responsibility was on his shoulders. He promoted the spirit of mutual trust and belongingness among the team members without which he felt it would be difficult to win. The players were also enthusiastic and the training started in full swing. Identify and explain the three principles of management discussed in the above case.

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Q34 short answer 6 marks
Diamond Logistics Company had a turnover of < 25 lakh during the year ended 31st March, 2022. In a board meeting held on 15th April, 2022, it was decided to achieve a turnover of < 45 lakh for the next year. To accomplish this objective after taking into consideration the business environment, a comprehensive plan was drawn. The Chief Executive Officer (CEO) of the company also released a plan that would not only guide the thinking of the managers and their decision-making but also channelise their energies towards achievement of this target. Identify and explain the three types of plans discussed in the above para.

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