Please refer to the Class 11 Business Studies Sample Paper below. These CBSE Sample Papers for Class 11 Business Studies have been prepared based on the latest guidelines and examination patterns issued for the current academic year. We have provided Term 1 and Term 2 sample papers with solutions. You can click on the links below and access the free latest CBSE Sample Papers for Business Studies for Standard 11. All guess papers for Business Studies Class 11 have been prepared by expert teachers. You will be able to understand the type of questions which are expected to come in the examinations and get better marks.
CBSE Sample Papers for Class 11 Business Studies
Class 11 Business Studies Sample Paper Term 1 with Solutions Set A
Question. Supply of right quality and quantity of goods to consumers at reasonable prices constitutes the responsibility of an enterprise towards government.
(a) True
(b) False
(c) Can’t say
(d) Partially false
Answer
B
Question. An enterprise must behave as a good citizen. This is an example of its responsibility towards ……… .
(a) owners
(b) workers
(c) consumers
(d) community
Answer
D
Question. Match the following.
Codes
A B C D
(a) (i) (ii) (iii) (iv)
(b) (i) (iv) (ii) (iii)
(c) (iv) (iii) (ii) (i)
(d) (iii) (ii) (iv) (i)
Answer
B
Question. ……… commerce refers to interaction and dealings among various departments and persons within the firm.
(a) Business
(b) Intra business
(c) Inter business
(d) All of these
Answer
B
Question. Formation of a company is a complex activity involving completion of legal formalities and procedures divided into three distinct stages
(i) Incorporation.
(iii) Promotion.
(iii) Subscription of capital.
Which of the following choice represent the correct sequence of the steps?
(a) (i), (ii), (iii)
(b) (i), (iii), (ii)
(c) (iii), (ii), (i)
(d) (ii), (i), (iii)
Answer
D
Question. A statutory corporation is a body corporate.
(a) True
(b) False
(c) Can’t say
(d) Partially true
Answer
A
Question. ABC Ltd. is a leading marketing company of soft drinks. Its 32% of total paid-up capital is held by central government and 21% is by Delhi government. Identify the form of public sector enterprise.
(a) Statutory corporation
(b) Government company
(c) Departmental undertaking
(d) None of the above
Answer
B
Question. Ramu is a farmer and cultivates wheat on a large piece of land in a district in Rajasthan. Ramu has sold his ancestral house for ₹60 lakhs. His son, Shyamu proposes him to establish a flour mill with this money as the raw material wheat will be available from their fields. Identify the type of manufacturing industry Shyamu plans to set up.
(a) Analytical
(b) Synthetical
(c) Processing
(d) Assembling
Answer
C
Question. Yogita, a business woman, has a Current Account in Punjab National Bank (PNB). Her Current Account shows balance of just ₹ 50,000, while she urgently needs ₹ 3,00,000 to pay off one of her creditors. She approaches PNB to allow her to withdraw ₹ 3,00,000, using the facility extended by the bank to her due to her credit worthiness. The Bank agrees to it.
Identify the facility which has been provided by PNB to Yogita.
(a) Bank draft
(b) Bank overdraft
(c) RTGS
(d) NEFT
Answer
B
Question. Nitesh insured his factory for ₹ 25,00,000 against fire. Due to fire in his factory, he suffered a loss of stock worth ₹ 23,00,000. He is of the opinion that he can recover the entire policy amount of ₹ 25,00,000 from the insurance company? State the relevant insurance principle in this regard.
(a) Subrogation
(b) Indemnity
(c) Mitigation
(d) Contribution
Answer
B
Question. Match the principles of insurance given in column I with the suitable statement in column II.
Codes
A B C D
(a) (ii) (iv) (i) (iii)
(b) (i) (ii) (iii) (iv)
(c) (iv) (iii) (ii) (i)
(d) (iii) (iv) (ii) (i)
Answer
A
Question. Trendz Ltd. is a leading manufacturer of garments. The company distributes its defective products free of cost (after getting them repaired from Nar Niketan at lower cost) to the orphanage. Identify the kind of social responsibility, which the company is trying to achieve.
(a) Society
(b) Legal
(c) Ethical
(d) Discretionary
Answer
D
Question. C2C commerce is best suited for dealing in goods for which there is no established market.
(a) True
(b) False
(c) Can’t say
(d) Partially true
Answer
A
Question. Skylark Enterprises is dealing in mobile accessories. With the continuous increase in demand for mobiles, their business is expanding. However, the Managing Director (MD) observed that the decision-making process in the enterprise is very slow and level of coordination is decreasing between the various departments.
Tejas, an IT professional, suggested that the company should have its own internet to interact and deal between various departments and persons within the firm. MD liked the idea and implemented it immediately. Identify the branch of e-business suggested by Tejas.
(a) B2B
(b) Intra-B
(c) C2C
(d) B2C
Answer
B
Question. ……… organisation is considered as a part of government only.
(a) Statutory corporation
(b) Government company
(c) Departmental undertaking
(d) None of the above
Answer
C
Question. Deepak Wadhwa and sons have been carrying on the business of diamond cutting since the last three generations in Bhuj, Gujarat. Since Bhuj is prone to earthquakes, the firm has decided to insure their business premises and inventory with Star Insurance Company. Which cause of business risks, the company is trying to minimise?
(a) Human cause
(b) Natural cause
(c) Economic cause
(d) None of these
Answer
B
Question. According to the Weights and Measures Act, every eatable product should explicitly bear a green dot for vegetarian contents and brown dot for non-vegetarian ingredients. However, this practice is not followed by Swad Pvt. Ltd., a company engaged in the manufacturing of frozen snacks. Identify the kind of social responsibility being ignored by the company.
(a) Legal
(b) Economical
(c) Social
(d) Discretionary
Answer
A
Question. In recurring deposit account, the depositor enjoys the liquidity of saving account and interest rate of fixed deposit account.
(a) True
(b) False
(c) Can’t say
(d) Partially true
Answer
B
Question. Providing the right quality and quantity of goods and services to people in the society is the responsibility for which interest group?
(a) Employees
(b) Community
(c) Consumer
(d) Government
Answer
C
Question. ………is a corporate body created by the legislature with defined powers, functions and is financially independent with a clear control over a specified area.
(a) Government company
(b) Public corporation
(c) Departmental undertaking
(d) None of the above
Answer
B
Assertion-Reasoning MCQs :
Question. Assertion (A) A business enterprise can avoid the problem of government regulation.
Reason (R) A business voluntarily assumes social responsibility.
(a) Both the Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A)
(b) Both the Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A)
(c) Assertion (A) is true, but Reason (R) is false
(d) Assertion (A) is false, but Reason (R) is true
Answer
A
Question. Assertion (A) There is no separate law that governs sole proprietorship.
Reason (R) Sole proprietorship is the most regulated form of business, it is easy to start and close the business as per the wish of the owner.
(a) Both the Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A)
(b) Both the Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A)
(c) Assertion (A) is true, but Reason (R) is false
(d) Assertion (A) is false, but Reason (R) is true
Answer
C
Question. Assertion (A) The volume of B2B transactions is much higher than the volume of B2C transactions.
Reason (R) To facilitate a single B2C transaction, there are number of B2B transactions.
(a) Both the Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A)
(b) Both the Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A)
(c) Assertion (A) is true, but Reason (R) is false
(d) Assertion (A) is false, but Reason (R) is true
Answer
A
Question. Assertion (A) Warehousing facilitates the availability of goods as and when required.
Reason (R) Warehousing removes the hindrance of place by providing facility of storage of goods.
(a) Both the Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A)
(b) Both the Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A)
(c) Assertion (A) is true, but Reason (R) is false
(d) Assertion (A) is false, but Reason (R) is true
Answer
C
Question. Assertion (A) Life insurance is not only a protection but is a sort of investment also.
Reason (R) Under life insurance, à certain sum is returnable to the insured at the time of death or at the expiry of a certain period.
(a) Both the Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A)
(b) Both the Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A)
(c) Assertion (A) is true, but Reason (R) is false
(d) Assertion (A) is false, but Reason (R) is true
Answer
A
Case Based MCQs :
Rahul and Sanchali felt that there was an opportunity of business in providing a service of online grocery stores for working people. They analysed the idea in terms of technical, financial and economic feasibility. Once they found all the aspects satisfactory, they decided to start a company called ‘convenience @ home’ private Ltd. They got the name registered with the registrar.
Question. “Rahul and Sanchali felt that there was an opportunity of business in providing a service of online grocery stores for working people.” Which step of promotion is highlighted in the given lines?
(a) Identifying business opportunity
(b) Feasibility studies
(c) Name approval
(d) Appointment of professionals
Answer
A
Question. Which form of business organisation discussed in the case?
(a) Partnership
(b) Company
(c) Sole proprietor
(d) HUF
Answer
B
Question. “Once they found all the aspects satisfactory, they decided to start a company called ‘convenience @ home’ private Ltd. They got the name registered with the registrar.” Which step of promotion is highlighted in the given lines?
(a) Identifying business opportunity
(b) Feasibility studies
(c) Name approval
(d) Appointment of professionals
Answer
C
Question. Which step of formation of company is being discussed here?
(a) Promotion
(b) Incorporation
(c) Capital subscription
(d) Commencement
Answer
A
Question. “They analysed the idea in terms of technical, financial and economic feasibility.” Which step of promotion is highlighted in the given lines?
(a) Identifying business opportunity
(b) Feasibility studies
(c) Name approval
(d) Appointment of professionals
Answer
B
Farhan, a young man, wants to provide employment to the local people of his village. He decided to do the wholesale business of mobile phones made by the latest technique. But so many questions began to crop up in his mind: how will the goods be brought from distant places, how will the finance be arranged, and how will the information on his modern business be conveyed to the people? He consulted a business expert, Mr. Balram who gave him information on the auxiliaries to trade, which could solve his problem.
Farhan understood what the expert told him. He employed 50 workers and started his business.
Question. ‘‘How will the goods be brought from distant places.’’ Which aid to trade will help Farhan to overcome the problem highlighted in the given line?
(a) Transportation
(b) Warehousing
(c) Insurance
(d) Advertising
Answer
A
Question. On which part of business, was the information given to Farhan by business expert?
(a) Trade
(b) Industry
(c) Aids to trade
(d) Profession
Answer
C
Question. Which type of human activity is Farhan going to do?
(a) Economic
(b) Non-economic
(c) Both (a) and (b)
(d) None of these
Answer
A
Question. Through which aids to trade, Farhan’s financial problem will be solved?
(a) Insurance
(b) Advertising
(c) Banking
(d) Transportiation
Answer
C
Question. Which type of economic activity is Farhan going to do?
(a) Trade
(b) Industry
(c) Export
(d) Import
Answer
A
Sparsh got two types of insurance policies. He got his first insurance policy on his house. He had his house insured by ‘National Insurance Co.’ for ₹ 1,30,00,000. The company thought this risk to be too high. Out of this amount, the ‘National Insurance Co.’ got insured for ₹ 60,00,000 by ‘New India Insurance Company.’
Sparsh got the second policy for the insurance of his life. He got his life insured by two companies: ‘Aegon Life Insurance Co.’ and ‘Aviva Life Insurance Co. India Ltd’. From both these companies, he got the Insurance policies for ₹ 50,00,000 and ₹ 30,00,000 respectively.
Question. Under which type of insurance, Sparsh insured his house?
(a) Life insurance
(b) Marine insurance
(c) General insurance
(d) Health insurance
Answer
C
Question. Sparsh got two insurance policies on his life. To which of the following states does it indicate?
(a) Re-insurance
(b) Double Insurance
(c) Contract of Indemnity
(d) Both (b) and (c)
Answer
B
Question. Identify the type of insurance contract on the house got by Sparsh.
(a) Contract of Indemnity
(b) Life Insurance Contract
(c) Double Insurance
(d) None of the above
Answer
A
Question. Identify the type of life insurance contract got by Sparsh.
(a) Contract of Indemnity
(b) Life Insurance Contract
(c) Re-insurance Contract
(d) None of the above
Answer
B
Question. As ‘National Insurance Co.’ thought the risk to be too high, it got the Insurance done by another company. Identify this type of insurance.
(a) Re-insurance
(b) Double Insurance
(c) Life Insurance Contract
(d) None of the above
Answer
A
