MODERN VIDYA NIKETAN |MVN PERIODIC TEST Clu barkon CLASS - XI SUBJECT : BUSINESS STUDIES DATE: 18.09.2023 TIME : 1:30 hrs. MM: 40 1, Steel Authority of India Ltd is an example of which public sector undertaking? a) (a) Departmental undertaking (b)'Government Company (c) Statutory Corporation (a) None of these 2. After getting the loss compensated insurer gets all the rights with respect to the subject matter insured. Which principle of insurance is highlighted? a) (@) Principle of proximate cause (b) Principle of Indemnity (©) Pringiple of subrogation (@) Principle of Mitigation Eb Recreational services form the part of "ay (a) Business services + (b) Social services (©) Personal services (d) All of the above 4. This constituent of c-business includes a series of online activities involved in marketing of goods and services. , @ (a) B2B Commerce (b) B2C Commerce (c) C2C Commerce (d) Intra B Commerce 5. An ATMisan example of ay (@) B2B Commerce (b) Intra B Commerce (©) C2C Commerce (a) None of the above 6. Which of the following is not a benefit of e-business? a (a) Movement towards a paperless society (b) Globalisation (©) Incongruence between order taking and order speed (@) Convenience Which of the following is not a feature of Government Company? ay (a) The company can file suit against any third party and be sued (b) The management is regulated by the provisions of the Companies act? (©) The employees are recruited by the Government and are directly under the Government (@) These companies are exempted from the accounting and audit rules and Which of the following (@) These enterprises pi ie nut a feature of global enterprises. a) technological superiority in their methods. (b) Their operations and activities are confined to the physical boundaries of countries. (6) These are characteris! by possessing huge fi (d) None of the above ial resources, __iitage16. 17, for the firm w, Closer computer based interactions among the other departments makes it possible and reap the advantages of efficient inventory and cash management, greater utilisation of plant machinery, effective handling of customers, orders and effective human resource management which variant of e-commerce is highlighted. () (a) B2B Commerce (b) B2C Commerce (©) Ina B Commerce (d) C2C Commerce Which payment method is not suitable in e-business? (a (a) Cash on delivery (b) e-cash (©) cheques (@) credit or debit card Explain any 3 demerits of a Government Company. Q) Anita Bhat bought a place a place in shopping complex in Chandigarh to start a fashion boutique. She decided to take an insurance policy. She did not disclose to the insurer that the electronic wiring of that shop was worn out and needed to be replaced immediately to avoid any kind of eventualities, A week after taking the insurance policy, unfortunately a fire broke out in her shop, due to short circuit and huge losses occurred. @) Identify and explain the principle of insurance being violated. Explain one more principle of insurance. Q) Max Ltd is a big company engaged in manufacturing of car accessories. Its head office is ir Paris and operates in more than 2 countries. The company has huge financial resources and is always engaged in research and development activites. Identify the form of enterprise and explain its features. @) “Commercial Banks performs a vital role in our economy by performing a number of functions. Explain any 4 functions of commercial Banks. (4) Govind is a manufacturer of readymade kid garments. He sells his products through various dealers across the country. However, his sales are decreasing over the years. Recently his wife gifted him a jacket, which she had ordered through Myntra. This gave Govind an idea to start selling his product online. (4) (a) State two benefits that Govind can get through e-business. (b) State two limitations which Govind may face in e-business. Define life insurance and explain the various types of life insurance policies. 6 Differentiate between e-business and traditional business, © >Ipare