2017 H.S. 1st Year BUSINESS STUDIES Question Paper - myedu365



Full Marks : 100

Pass Marks : 30

Time : Three hours

The figures in the margin indicate full marks for the questions.


 Q. No. 1 carries 1 mark each 1x8 = 8

Q. No. 2—6 carry 2 marks each 2x5 = 10

Q. Nov 7—11 carry 3 marks each 3x5 = 15

Q. No. 12—18 carry 5 marks each 5x7 = 35

Q. No. 19—22 carry 8 marks each 8x4 = 32

Total -100


1. Answer the following questions:

(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 speciality products. 1  

(h) Under which 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 centralisation. 2

4. Explain job-rotation as a method of training2

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 decisions involved in financial management.

10. What are the legal protection offered to consumers under ‘The Consumers Protection Act’ 1986? 3


Who is an entrepreneur? Mention the functions of an entrepreneur.

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


State the three basic needs for entrepreneurship in India today.

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 Direction. 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.      

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

17. Outline five points of distinction between primary and secondary capital market in India. 5

18. How can marketing be distinguished from selling? 5

19. What is functional organisation structure? State three merits and demerits of such a structure. 2+3+3=8


State four features of formal organisation and mention two advantages and two disadvantages of such organisation. 4+2+2=8

20. Discuss four barriers to communication and suggest four measures to make communication effective. 4+4=8


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

21. Elaborate the concept of working capital. Explain five factors   affecting the working-capital requirement of a firm. 3+5=8


State the objectives of financial management and discuss the role of finance manager in a corporate organisation. 4+4=8

22. What is marketing mix? Explain four leading elements of marketing mix. 2+6=8