G. D.

GOENKA INTERNATIONAL SCHOOL

DATE : 02/05/2024 CLASS TEST TIME : 40 MIN
CLASS : XI COMM. SUBJECT : BUSINESS STUDIES MAX. MARKS :20
TOTAL NO. OF PAGES : 2 SUB. CODE : 054
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1) Which of the broad categories of industries covers oil refineries and sugar mills? (1)

a) Primary b) Secondary c) Tertiary d) All of the above

2) Maninder, Surinder and Balbinder and Harinder pursued their Master's Degrees in Business (1)
Management from a reputed institute in Delhi. After completion of their studies, all of them got
engaged in different fields. Maninder got a job at an Oil Refinery Industry as a Junior Executive in
Finance. Surinder joined his family business in Textile Industry in Jalandhar, Punjab. Balbinder opened
his own Dairy Firm and Harinder join the construction business. Identify the type of industry Mr.
Surinder worked with as highlighted in the above case.

a) Analytical industry b) Synthetic industry c) Processing industry d) None of these

3) “Amrut” is an NGO operating in the district of Rajkot since 2005. It deals in providing medicines and (1)
other medical facilities to the rural, backward, and below-poverty-line people in the district. In case
of need, arrangements are made by the NGO to shift critical patients to referred hospitals. Name the
type of human activities performed by the NGO “Amrut”.

a) Economics activities b) Non - Economics c) Spiritual activities d) None of these

activities

4) Assertion (A) Business represents the exchange of Goods and Services. (1)
Reason (R) Risk and Uncertainties are always there in any form of business.
(a) Both Assertion (A) (b) Both Assertion (A) (c) Assertion (A) is true (d) Assertion (A) is
and Reason (R) are the and Reason (R) are the and Reason (R) is false. false and Reason (R) is
true and Reason (R) is a true but Reason (R) is true.
correct explanation of not a correct
Assertion (A). explanation of
Assertion (A).
5) Different situations in different business are being elaborated below: (3)
(i) Raghunath Gorkha had a match stick factory in Nepal which got destructed by the recent
earthquake.
(ii) Mr Arya, a senior manager in a telecom company shared confidential information about the
company with a competitor which led to huge losses for the company.
Which type of cause of business risks are being referred to in the above two cases?
6) “Overemphasis on objective to earn profit may exploit the business”. What does a business should do (3)
to enable itself to bring the balance?
7) In business activities, there are some activities that are involved in the removal of hindrances in (4)
process of exchange i.e. from the producer to the consumer. Identify them. Also classify the activities
which help in removing the following hindrances:
(i)Hindrance of place (ii) Hindrance of risk (iii) Hindrance of time (iv) Hindrance of finance (v)
Hindrance of information.

8) ‘Kodak Pics’ is an advertisement agency initiated by Rahul, Sushmita & Prema. They have called a (6)
Business Studies (TOPIC ASSESSMENT) Page | 1
 meeting to discuss the below given points
(i) Increase the profit margin by 20% in july.
(ii) Aiming bigger share in the market.
(ii) Making use of better lenses & improved techniques.
(iv) Making best use of cameramen, finance etc. employed by the business
(v) Improve efficiency in functioning of business.
a. Which aspect of business objective is being referred to here?
b. Also develop each point to be discussed in the meeting by classifying the objective.

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