2017 H.S. 2nd Year BUSINESS STUDIES Question Paper

Full Marks: 100
Pass Marks: 30
Time: 3 hours
The figures in the origin indicate full marks for the questions

Q. No. 1 carries a mark each                                                        1 X 8 = 8
Q. No. 2-6 carry 2 marks each                                                     2 X 5 = 10
Q. No. 7-11 carry 3 marks each                                                   3 X 5 = 15
Q. No. 12-18 carry 5 marks each                                                 5 X 7 = 35
Q. No. 19-22 carry 8 marks each                                                 8 X 4 = 32
Total   = 100

1.(a) Why is it said management principles are universal?   1
(b) How management is an intangible force?  1
(c) Name the concept which permits direct communication between two employees working at the same level.  1         
(d) Who wrote the book titled General and Industrial Management published in the year 1949?                1
(e) What is the other name of long term investment decision?   1
(f) In which year SEBI came into being?  1
(g) Give an example of specialty products.  1
(h) Under what source of recruitment employees get motivated?  1                                                                                      
2. How is planning a pervasive function?  2

3. State the authority of top management and freedom of action under centralization.  2

4. Explain job rotation as a method of training.   2

5. Mention two non financial incentives to promote motivation.    2

6. State any one instrument of money market. 2

7. What do you mean by management by exception?     3

8. Outline three leading features of a good control system.  3

9. Discuss three objectives of financial planning. 3


State the three decision involved in financial management.   3

10. What are the legal protection offered to consumers under the Consumer Protection Act, 1986. 3


Who is an entrepreneur? Mention the function of an entrepreneur. 3

11. Explain any three rights ensured to consumer in India. 3


State the three basic needs for entrepreneurship in India today.              3

12. Why co-ordination is considered as the essence of management. 5

13. Explain the principle of unity of command and the principle of unity of decision. 5

14. State the five key components of economic environment in India.    5

15. Discuss five features of planning.      5


Mention five advantages of laying down procedure.  5

16. State five disadvantages of internal source of recruitment.   5

17. Outline five points of distinction between primary and secondary capital market in India.  5
18. How can marketing be distinguish from selling?           5

19. What is functional organization structure? State three merits and demerits of such a structure. 8


State four features of informal organization and mention two advantages and two disadvantages of such organization. 8

20. Discuss four barriers to communication and suggest four measures to make communication effective. 8       


In between verbal and written communication which one would you prefer and why.    8

21. Elaborate the concept of working capital. Explain five factors affecting the working capital recruitment of a firm.        8


State the objectives of financial management and discuss the role of finance manager in a corporate organization.          8

22. What is marketing mix? Explain four leading elements of marketing mix.  8


What are industrial products? Explain its six distinctive features.     8