Ahsec Class 11 Business Studies Question Paper - 2025| ASSEB BOARD
2025
BUSINESS STUDIES
Full Marks: 80
Pass Marks: 24
Time: 3 hours
The figures in the margin indicate full marks
for the questions.
Answer Part - A question in the OMR answer
sheet provided.
PART-A
(MARKS:
40)
Choose the correct option:
1. The economic activity in which specialized knowledge is
required
(a)
Profession
(b)
Business
(c)
Employment
(d) None
of the above
2. Name the auxiliary to trade which removes the hindrance of
time.
(a)
Warehouse
(b) Trade
(c)
Transportation
(d)
Banking
3. Soaps are included under which type of industry?
(a)
Synthetical industry
(b)
Analytical industry
(c)
Processing industry
(d)
Assembling industry
4. A company cannot come into existence without
(a)
Certificate of incorporation
(b)
Electing directors
(c)
Issuing prospectus
(d) All of
the above
5. In which year was the Companies Act re-framed?
(a) 1956
(b) 1932
(c) 2013
(d) 2003
6. In a cooperative society, the main principle followed is
(a) One
share, one vote
(b) One
member, one vote
(c)
Multiple votes
(d) No
vote
7. Multinational companies are controlled and managed by
(a)
Registered office
(b)
Parliament
(c) Branch
office
(d)
Subsidiary company
8. Reserve Bank of India has been set up as which type of public
enterprise?
(a)
Statutory Corporation
(b) MNC
(c)
Departmental undertakings
(d)
Government company
9. When two business enterprises agree to join together for a
common objective and mutual gain, it gives rise to
(a) Joint
venture
(b)
Partnership
(c)
Company
(d) MNC
10. A company whose ownership and control is vested in a holding
company is known as
(a) MNC
(b)
Departmental undertaking
(c)
Statutory corporation
(d)
Government company
11. DTH services are provided by
(a)
Cellular companies
(b) Postal
companies
(c)
Transport companies
(d) Banks
12. Which of the following is not a form of e-banking service?
(a) Cheque
(b) ATM
(c) POS
(d) EFTS
13. Overdraft facility is available on
(a)
Current deposit account
(b)
Recurring deposit
(c)
Savings deposit
(d) Fixed
deposit
14. Videoconferencing is an example of which type of e-business
transaction?
(a) B2E
(b) Intra
B2B
(c) B2B
(d) B2C
15. Payment for purchases through online shopping is done through
(a) COD,
credit card or debit card
(b) COD
(c) Credit
card or debit card
(d) None
of the above
16. Which one of the following is not an example of transactional
risk?
(a)
Hacking
(b)
Default on order taking
(c)
Default on payment
(d)
Default on delivery
17. In outsourcing, the process may be outsourced to
(a)
Horizontals
(b)
Verticals
(c)
Captive BPO unit
(d) All of
the above
18. Public deposits are the deposits that are directly from
(a) The
public
(b) The
auditors
(c) The
owners
(d) The
directors
19. Which of the following is a commercial bank?
(a) Punjab
National Bank
(b) Canara
Bank
(c) State
Bank of India
(d) All of
the above
20. The minimum number of members to form a public company is
(a) 5
(b) 7
(c) 12
(d) 21
21. Code of conduct should be followed by which level of
management?
(a) Top
level
(b) Low
level
(c) All
levels
(d) Middle
level
22. When a business firm uses eco-friendly methods of production,
they are performing social responsibility towards
(a)
Customers
(b)
Employees
(c)
Community
(d)
Shareholders
23. Equity shareholders are
(a) Owners
of the company
(b)
Shareholders of the company
(c)
Executive officers of the company
(d)
Creditors of the company
24. Funds raised through loans or borrowings are
(a)
Borrowed funds
(b)
Owner’s equity
(c) Share
capital
(d) None
of the above
25. Money obtained by issue of shares is known as
(a) Debt
(b) Share
capital
(c) Loans
(d)
Reserve fund
26. Atmanirbhar Bharat Abhiyan was started in
(a) 2021
(b) 2020
(c) 2022
(d) 2005
27. The Industrial Finance Corporation of India (IFCI) was
established in
(a) July
1948
(b) July
2001
(c) July
1956
(d) July
1991
28. Innovative small firms are more likely in
(a)
Knowledge-based sectors
(b)
Biotechnology
(c)
Automobile manufacturing
(d)
Aerospace manufacturing
29. An individual who initiates, creates and manages a new
business can be called
(a) A
leader
(b) A
manager
(c) A
professional
(d) An
entrepreneur
30. Which of the following is organized by individuals?
(a)
Cottage industry
(b)
Railway industry
(c)
Chemical industry
(d) None
of the above
31. In what class does the retail shop of Bata Shoe Company
belong?
(a)
Supermarket
(b)
General store
(c)
Cooperative society
(d) Chain
store
32. Innovative entrepreneurs face special issues in raising
(a)
Development capital
(b)
Structured capital
(c) Human
capital
(d) Seed
capital
33. The purchase of goods from a foreign country is called
(a)
Entreport
(b) Import
(c)
Re-export
(d) Export
34. The retailer plays an important role as a link between
(a)
Consumer and manufacturer
(b)
Consumer and wholesaler
(c)
Manufacturer and wholesaler
(d) He
does not link any
35. A warehouse keeper accepts goods for the purpose of
(a)
Selling
(b)
Packaging
(c) Export
(d)
Storage
36. Small-scale fixed retailers include
(a)
Hawkers
(b)
Pedlars
(c)
Cheapjacks
(d)
General stores
37. The World Bank is known as
(a) IMF
(b) IDA
(c) IBRD
(d) Both
(b) and (c)
38. Which type of elasticity plays a crucial role in determining
international trade?
(a)
Elasticity of demand
(b) Price
elasticity of demand
(c) Income
elasticity of demand
(d) Cross
elasticity of demand
39. Key controllable factors in global marketing are
(a)
Government policy and legislation
(b) Social
and technical changes
(c)
Marketing activities and plans
(d) All of
the above
40. International trade forces domestic firms to become more
competitive in terms of
(a)
Introduction of new products
(b)
Product design and quality
(c)
Product price
(d) All of
the above
PART-B
(Marks:
40)
41. Answer any five of the following: 2×5=10
(a)
Explain the concept of business.
(b) Give
two distinctive features of a sole proprietorship.
(c) Define
a retailer.
(d) What
is a warehouse?
(e) What
do you mean by business finance?
(f) Why is
a company termed as an artificial person?
(g) What
do you mean by insurable interest?
(h) What
is the private sector?
42. Answer any five of the following: 3×5=15
(a) What
is the role of profit in business?
(b) Write
briefly on the changing role of the public sector.
(c) What
are the services rendered by banks?
(d) What
do you understand by social responsibility of business?
(e) Write
three differences between Memorandum of Association and Articles of
Association.
(f) Write
the names of three sources of finance of a company.
(g) Write
the problems faced by small enterprises within 50 words.
(h)
Mention the main divisions of foreign trade.
43. Answer any three of the following: 5×3=15
(a) What
is a multinational company? Write three main features.
(b) What
is e-banking? What are its advantages?
(c) How
does outsourcing represent a new mode of business?
(d) What
do you mean by business ethics? Explain its elements.
(e) What
do you mean by promotion of a company? Write the principal documents necessary
for incorporation.
(f)
Explain the role of small industries in rural areas.
(g) What
is wholesale trade? Describe its features.
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