Sample Paper Business Studies (054) Class : XI Time Allowed: 2 Hours Maximum Marks: 40 General Instructions: a. This is a Subjective Question Paper containing 12 questions. b. This paper contains 4 questions of 2 marks each, 4 questions of 3 marks each and 4 questions of 5 marks each. c. 2 marks questions are Short Answer Type Questions and are to be answered in 30-50 words. d. 3 marks questions are Short Answer Type Questions and are to be answered in 50-80 words. e. 5 marks questions are Long Answer Type Questions and are to be answered in 80-120 words. This question paper contains Case/Source Based Questions. 1. What is business Finance? Identify the source of finance highlighted in the following case : (2) a. It is also known as ploughing back of profit b. It facilitates the purchase of goods and services without making immediate payment. 2. What do you mean by Entrepreneurship development and Intellectual Property Rights? Explain these two concepts. (2) 3. What do you mean by international Trade? State any two features. (2) 4. How you can differentiate departmental stores and chain stores based on its features? Write any two such differences. (2) 5. Many Organisations are using various financial instruments to raise money in international capital market. Discuss the major financial instruments used for this purpose. (3) 6. Kavya opened a small manufacturing unit of garments in Mana ( A hilly area of Uttarakhand).Explain the role of small business in backward areas. (3) 7. ‘A retailer does not render any useful service to the manufacturer and wholesaler’, defend or refute. Explain with reason. (3) OR Giriraj is a retailer, who runs a departmental store in Krihna nagar, Delhi. He stocks an extensive variety of goods so as to provide a wider choice to the buyers. Giriraj has effectively displayed new products and provides information about features, price etc. of such products to the customers. The departmental store is situated near to the residential areas and remains open for long hours. Giriraj also sell goods on credit to the reputed and known customers. Identify the services to the retailers to consumers’ are provided by Giriraj by quoting lines from the given case. 8. What do you mean by multiple shops? Explain the features. (3) 9. Explain various schemes and ways to fund start-up scheme by government of India. (5) 1 10. NTB bearings Ltd. was the first company to manufacture needle roller bearings in India. For over 40 years NTB bearings Ltd has pioneered the leading edge of bearing technology and today over most of the vehicles on Indian roads run on NTB parts. The directors of NTB Bearings Ltd. want to modernize their plant and machinery with latest technology at the cost of ₹ 50 lakhs. They approached an organisation which will not only provide financial assistance but also best technical advice from where the machinery can be imported (5) On the basis of aforesaid information about NTB Bearings Ltd answer the following questions: a) Identify and explain the source of finance used by company to meet its funds requirement. b) State any four merits of raising funds through the source specified in part (a). OR Differentiate between owners’ fund and borrowed fund. 11. ‘Wholesalers perform several services to both manufactures and retailers’. Explain the various services of wholesalers towards manufactures and retailers (5) OR Niranjan deals in cosmetics on large scale. He buys the goods in bulk directly from the manufacturers and supply the same to the shops. He does not deal directly with the customers. Niranjan also provides financial support to manufacturers by making payment in advance while placing order. Niranjan is serving as an important link between the two parties. Identify the two parties and also discuss the services rendered by Niranjan to any one party identified above. 12. International business is important to both ‘Nation’ and ‘Business Firms’. Explain how international business is beneficial to the Nation and the Business Firm. (5)