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    TERM 1 Class 11 Business Studies Paper 23-24

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    Accountancy TPS
    This document contains a practice exam for a class 11 business studies term with 34 multiple choice and short answer questions. It provides general instructions for the exam, specifying the number and type of questions, expected word counts for answers, and that all parts of questions should be attempted together. The first 8 questions are very short answer questions worth 1 mark each, covering topics like the public sector, warehouses, types of entrepreneurs, and types of business organizations. Questions 9-14 are worth 3 marks each and require explaining causes of business risk and defining partnership terms. Questions 15-18 are worth 4 marks each and questions 19-22 are worth 5 marks each, requiring longer explanations. The final 3 questions are worth 6 marks each and involve more

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    TERM 1 Class 11 Business Studies Paper 23-24

    Uploaded by

    Accountancy TPS
    66 views2 pages
    This document contains a practice exam for a class 11 business studies term with 34 multiple choice and short answer questions. It provides general instructions for the exam, specifying the number and type of questions, expected word counts for answers, and that all parts of questions should be attempted together. The first 8 questions are very short answer questions worth 1 mark each, covering topics like the public sector, warehouses, types of entrepreneurs, and types of business organizations. Questions 9-14 are worth 3 marks each and require explaining causes of business risk and defining partnership terms. Questions 15-18 are worth 4 marks each and questions 19-22 are worth 5 marks each, requiring longer explanations. The final 3 questions are worth 6 marks each and involve more

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    term 1 solution

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    This document contains a practice exam for a class 11 business studies term with 34 multiple choice and short answer questions. It provides general instructions for the exam, specifying the number and type of questions, expected word counts for answers, and that all parts of questions should be attempted together. The first 8 questions are very short answer questions worth 1 mark each, covering topics like the public sector, warehouses, types of entrepreneurs, and types of business organizations. Questions 9-14 are worth 3 marks each and require explaining causes of business risk and defining partnership terms. Questions 15-18 are worth 4 marks each and questions 19-22 are worth 5 marks each, requiring longer explanations. The final 3 questions are worth 6 marks each and involve more

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    66 views2 pages

    TERM 1 Class 11 Business Studies Paper 23-24

    Uploaded by

    Accountancy TPS
    This document contains a practice exam for a class 11 business studies term with 34 multiple choice and short answer questions. It provides general instructions for the exam, specifying the number and type of questions, expected word counts for answers, and that all parts of questions should be attempted together. The first 8 questions are very short answer questions worth 1 mark each, covering topics like the public sector, warehouses, types of entrepreneurs, and types of business organizations. Questions 9-14 are worth 3 marks each and require explaining causes of business risk and defining partnership terms. Questions 15-18 are worth 4 marks each and questions 19-22 are worth 5 marks each, requiring longer explanations. The final 3 questions are worth 6 marks each and involve more

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    SRI GURUGNANASAMBANDAR MISSION GARDENCOURT CAMBRIDGE SCHOOL

    (Affiliated to CBSE, New Delhi), Aff. No. : 1930817


    Kattadithattu, Puthenthurai Post, K.K. Dist. – 629501, Email :gcsnagercoil@gmail.com
    Academic Year: 2023-2024
    TERM I / Business Studies
    Name: ……………………………. Max Mark: 80
    Roll No : ………………………….. Date:….……………
    Class: XI Sec: ………… Duration:3 Hrs

    General Instructions:

    1. This question paper contains 34 questions.


    2. Marks are indicated against each question.
    3. Answers should be brief and to the point.
    4. Answers to the questions carrying 3 marks may be from 50 to 75 words.
    5. Answers to the questions carrying 4 marks may be about 150 words.
    6. Answers to the questions carrying 6 marks may be about 200 words.
    7. Attempt all parts of the questions together.
    8. Question Nos. 1 to 8 are very short-answer questions carrying 1 mark each.
    9. Question Nos. 9 to 14 carry 3 marks each.
    10. Question Nos. 15 to 18 carry 4 marks each.
    11. Question Nos. 19 to 22 carry 5 marks each.
    12. Question Nos. 23 to 25 carry 6 marks each.

    1. ________ consists of various organisations owned and managed by the government.


    a) Public sector
    b) Private sector
    c) Service sector
    d) Manufacturing sector
    2. A warehouse keeper accepts goods for the purpose of ________.
    a) export
    b) selling
    c) storage
    d) packaging
    3. An entrepreneur is called potential entrepreneur when he has ________.
    a) Maximum ability and Minimum willingness
    b) Maximum ability and Maximum willingness
    c) minimum ability and minimum willingness
    d) Minimum ability and Maximum willingness
    4. ________ are set up under an Act of parliament and are governed by the provisions of the Act.
    a) Limited companies
    b) Partnership
    c) Private companies
    d) Statutory corporations
    5. A ______________ is one who allows the use of his/her name by a firm, but does not contribute to
    its capital.
    (a) Sleeping partner
    (b) Secret partner
    (c) Active partner
    (d) Nominal partner
    6. Define business risk.
    7. Explain the meaning of statutory corporations.
    8. Explain the meaning of global enterprises.
    9. Explain the following causes of business risk.
    (a) Human causes
    (b) Economic causes; and
    (c) Natural causes
    10. Explain the following terms:
    (a) Dormant partner
    (b) Partner by estoppel
    (c) Partner by holding out
    11. Monica Khanna is a jewellery designer. She started her career from scratch and tookadvanced
    designing course at Jewellery Product Development Center. In the completion ofthe course she got
    the job at Gitanjali Gems. Being an experienced jewellery designer,Monica Khanna focuses on
    maintaining the originality and creativity of the ornaments thatare custom designed and developed by
    her.On the basis of the given information about Monica Khanna, answer the following questions:

    a)Identify the type of economic activity that Monica Khanna is engaged in.

    b)State any three features of the type of economic activity is identified in part (a)

    --------------------------------

    THE END

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