General Instructions:

Question no. 1 to 20 carries 1 marks each

Question no. 21 &22 carries 3 marks each

Question no. 23 to 27 carries 4 marks each

Question no. 28 to 30 carries 6 marks each

Question no. 31 & 32 carries 8 marks each

1. What is an Economic Activity?

2. Give the full form of KPO.
3. What is meant by Primary Industry?
4. Who becomes ‘karta’ in joint Hindu Family Business?
(a) By voting of members (c) Senior most male member
(b) Most Educated member of family (d) Any member can become
5. Name the enterprise involving single ownership.
6. Name the organization which is considered as a part of government only.
7. Which company operate is more than one Country/Nation?
8. What is Hull insurance?
9. Give full form of ATM.
10. What is a Virus?
(a) A disease (c) A bacteria
(b) A software (d) hardware
11. OLX is an example of which of the following category of e-business:
(a) B2B (c) B2C
(b) C2C (d) Intra B
12. Code of conduct should be followed by which level of management.
(a) Top Level (c) Middle Level
(b) Lower Level (d) All of these
13. Define Pollution.
14. Who among the following are called owner of the company?
(a) Debenture holder (c) Employees
(b) Directors (d) Equity share holders
15. Give the full form of GDR.
16. ADRs are issued in
(a) Canada (c) China
(b) India (d) USA
17. Give full form of NSIC.
18. Start up India scheme was announced:
(a) 26th Jan 2015 (c) 15th Aug 2015
 (b) 8th Nov 2016 (d) None of the above
19. Give one example of chain stores.
20. Buying and selling of goods and services across the borders of your nation is called:
(a) Internal Trade (c) External Trade
(b) Retail Trade (d) Wholesale Trade
21. Define a joint Stock Company.
22. Explain the Role of profit in the Business.
23. What are the characteristics of sole proprietorship?
24. Discuss the causes of Business Risk.
25. Explain meaning and benefits of e-banking.
26. Define Business Ethics.
27. Explain any two sources of owner’s fund.
28. What are the major causes of environment pollution?
29. Distinguish between a wholesaler and retailer.
30. Describe the role of small business in rural India.
31. What do you mean by small business? Describe the features of small-scale enterprise.
32. Explain the difference between external trade and internal trade.