Sunday, February 22, 2015


Unit – I: Nature and purpose of business
Expected Marks: (8 to 10)
Q.1. Define Business. What are its essential characteristics?
Q.2. Define business, profession and employment and also distinguish between them. Also give two example of each. (Difference can be stated as features)
Q.3. What is business risk? What is its nature? Explain its causes.
Q.4. What are economic and non-economic activities? What are various classes of business activities?
Q.5. What is industry? Mention its various types.
Q.6. What is commerce? Mention it various types.
Q. 7. Explain the Objectives of Business.
Q.8. Compare and contrast between Industry, trade and Commerce.    
Q.9. What is economic and non-economic activities? Distinguish between them.
Unit – II: Forms of Business Organisation
Expected Marks: (8 to 10)
Q.1. What is sole trade business? Mention its features, merits and demerits.
Q.2. What is partnership? Mention its features, merits and demerits.

Q.3. What is partnership deed? Mention its contents.
Q.4. What are the consequences of non-registration of a firm?
Q.5. What are various types of partners and partnership?
Q.6. What is a joint stock company? Mentions its features, merits and demerits.
Q.7. What are various types of companies?
Q.8. What is public and private company? Mention their features. Also distinguish between them.
Q.9. What is co-operative store? Mention its features, merits and demerits.
Q.10. What are the basic factors to be considered before starting a business?
Q.11. What are the points to be taken into consideration before selecting a suitable form of business organisation?

Unit – III: Private, Public and Global Enterprises
Expected Marks: (8 to 10)
Question Pattern: 2 + 8
Q.1. What is Private and Public Sector? Mention their features. And also distinguish between them.
Q. 2. What are various forms of public sector enterprises? Mention their merits and limitations (Causes of failure).
Q.3. What are Global Enterprises or Multinational Companies? Mention their features.
Q.4. What is Joint ventures? Explain their advantages.                                   
Q.5. Write in two lines: Disinvestment, Objectives of Public enterprises.

Unit – IV: Business Services
Expected Marks: (8 to 10)
Q.1. What are business services? Mention its features. Distinguish between goods and services.
Q.2. What is insurance? What are its various types? Distinguish between life insurance, fire insurance and marine insurance.
Q.3. Write a brief note on various principles of insurance.                             Most important Questions
Q.4. What is bank? Explain its primary and secondary functions.
Q.5. What is warehouse? Mention its various types. What are its needs or importance or functions?
Q.6. What is transport? Mention its various types. Point out their merits and demerits.
Q.7. Write in two lines: Bonded warehouse, e-banking.
Unit – V: Emerging Modes of Business
Expected Marks: (8 to 10)
Q.1. What is Outsourcing? Mention its advantages and drawbacks (limitations).
Q.2. What services can be outsourced?
Q.3. What is e-business and e-commerce? Distinguish between them.
Q.4. What are the benefits and limitations of e-business?
Q.5. Mention the resources required for successful implementations of e-business.
Q.6. What are various modes of payment in an online transaction?
Q.7. Mention various principle for security and safety of transactions.
Q.8. Write two lines: On-line transaction, BPO.

Unit – VI: Social Responsibilities of Business and Business ethics
Expected Marks: (5)
Q.1. Mention responsibility of business towards the various section of society such as owners and investors, employees, consumers and government.
Q.2. What are business ethics? Mentions its essential elements.
Q.3. Mention the role of business in environment protection.
Q.4. What is social responsibility? Mention its need and importance.

Unit – VII: Formation of a Company
Expected Marks: (8 to 10)
Q.1. What are various stages in formation of a company? Write a brief note on each.
Q. 2. Who is a promoter? Explain its role or functions.
Q.3. What are various types of promoters?
Q.4. What is MOA and AOA? Distinguish between them. Mentions its features. (Difference can be written as features)
Q.5. What is prospectus? Mention its contents. Mention two consequences of wrong statement in a prospectus.
Q.6. What are various clause or contents of MOA and AOA?
Q.7. What are the documents necessary for incorporation of a company?

Unit – VIII: Sources of Business finance
Expected marks: (8 to 10)
Q.1. What is business finance? Mention various sources of long term and short term finance.
Q.2. What is equity share? Mention its features, merits and demerits (three points).
Q.3. What is preference share? Mention its features, merits and demerits (three points).
Q.4. What is Debenture? Mention its features, merits and demerits (three points).
Q.5. Distinguish between equity shares and preference shares, shares and debentures. (Difference can be stated as features)
Q.6. Mention various types of preference shares and debentures.
Q.7. What is public deposits? Mention its features, merits and demerits (three points).
Q.8. What is retained earnings? Mention its features, merits and demerits (three points).
Q.9. Define in two lines: ADR, GDR, Trade credit, Bank credit, Owned fund and borrowed fund.

Unit – IX: Small Business
Expected Marks: (5)
Q.1. What are the problems faced by the small scale enterprises?
Q.2. Explain the role of small scale industries in rural areas.
Q.3. What are the incentives and subsidies offered by the government to small scale enterprises?
Q.4. Define small industry, tiny sector, cottage and rural industry and give one example for each.

Unit – X: Internal Trade
Expected Marks: 10
Q.1. What is internal trade? What are its types?
Q.2. What are the services offered by wholesalers to the producers and retailers?
Q.3. What are the services offered by retailer to the wholesalers and consumers?
Q.4. What is departmental store and multiple stores? Mention their merits and demerits.
Q.5. Distinguish between departmental store and multiple store, wholesaler and retailers.
Q.6. Write two lines: Super market, mail order business.

Unit – XI: International Trade
Expected Marks: 10
Q.1. What is foreign or international trade? Mention its merits and drawbacks.
Q.2. Distinguish between internal trade and international trade.
Q.3. Explain the procedure of importing and exporting goods from India.
Q.4. Name the documents used in import and export trade.
Q.5. Mention five export promotion measures adopted by the government of India.
Q.6. Write short notes on: WTO, World Bank and IMF.                    VVI
Q.7. Mention various means of payment in international trade.
Q.8. Define in two lines: Letter of credit, Bill of entry, Bill of lading, Entrepot and Charter party.


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