Class 11 Business Studies Previous Year Paper - 1 | Business Studies (BST) Class 11 - Commerce PDF Download

 Page 1


 XI B Page 1 of 3 
 
 
 
           
            
Date:                          Class: XI 
Business Studies  
Time:3 hrs                                                  M. M: 100 
General Instructions: 
 
1. Answer to questions carrying 1 mark may be from one word to one sentence. 
2. Answer to questions carrying 3 marks may be from 50-75 words. 
3. Answer to questions carrying 4 -5 marks may be about 150 words.  
4. Answer to questions carrying 6 marks may be about 200 words. 
5. Attempt all parts of a question together. 
 
1 Differentiate between goods and services on the basis of ‘Inseparability’. 1 
 
2 Name the document which invites the general public to subscribe to the shares and debentures 
of the company. 
 
1 
3 Supply of learning materials to economically backward students by a business firm is an 
example of which kind of social responsibility? 
 
1 
4 What is meant by ‘Point of Sales’? 
 
1 
5 A company took fire insurance policy for Rs. 5 lakh. After three months, due to fire, insured 
suffered a loss of Rs. 2 lakh. How much money will the company get and why? Name the 
principle of insurance applicable here.  
 
1 
6 Name the process which involves sale of the equity shares to the private sector and the public. 1 
 
7 “Employees Union of Bharat Textiles starts a retail store to make daily household articles at 
reasonable prices available to its members”. Name this form of business organization. 
 
1 
8 Define the term ‘Business risks’. 
 
1 
9 Distinguish between ‘Joint Hindu Family Business’ and ‘Co – operative Society’ on the basis 
‘control and management’. 
 
1 
10 Mention one demerit of Government Company. 1 
 
11 Explain the following services provided by banks: 
i. Bank Draft  
ii. Real time gross settlement (RTGS)  
3 
 
12 
 
What is the effect of conclusiveness of the ‘Certificate of Incorporation’? 3 
13 
 
Name and explain the enterprise under which a project or service is funded and operated 
through a partnership of government and one or more private enterprises. 
3 
Page 2


 XI B Page 1 of 3 
 
 
 
           
            
Date:                          Class: XI 
Business Studies  
Time:3 hrs                                                  M. M: 100 
General Instructions: 
 
1. Answer to questions carrying 1 mark may be from one word to one sentence. 
2. Answer to questions carrying 3 marks may be from 50-75 words. 
3. Answer to questions carrying 4 -5 marks may be about 150 words.  
4. Answer to questions carrying 6 marks may be about 200 words. 
5. Attempt all parts of a question together. 
 
1 Differentiate between goods and services on the basis of ‘Inseparability’. 1 
 
2 Name the document which invites the general public to subscribe to the shares and debentures 
of the company. 
 
1 
3 Supply of learning materials to economically backward students by a business firm is an 
example of which kind of social responsibility? 
 
1 
4 What is meant by ‘Point of Sales’? 
 
1 
5 A company took fire insurance policy for Rs. 5 lakh. After three months, due to fire, insured 
suffered a loss of Rs. 2 lakh. How much money will the company get and why? Name the 
principle of insurance applicable here.  
 
1 
6 Name the process which involves sale of the equity shares to the private sector and the public. 1 
 
7 “Employees Union of Bharat Textiles starts a retail store to make daily household articles at 
reasonable prices available to its members”. Name this form of business organization. 
 
1 
8 Define the term ‘Business risks’. 
 
1 
9 Distinguish between ‘Joint Hindu Family Business’ and ‘Co – operative Society’ on the basis 
‘control and management’. 
 
1 
10 Mention one demerit of Government Company. 1 
 
11 Explain the following services provided by banks: 
i. Bank Draft  
ii. Real time gross settlement (RTGS)  
3 
 
12 
 
What is the effect of conclusiveness of the ‘Certificate of Incorporation’? 3 
13 
 
Name and explain the enterprise under which a project or service is funded and operated 
through a partnership of government and one or more private enterprises. 
3 
 XI B Page 2 of 3 
 
14 “Commerce includes trade and auxiliaries to trade.” Explain. 3 
 
15 Explain any three types of postal services available in India. 3 
 
16  Kunal & Co. prepared two documents for getting the company registered – one ‘defining the 
objectives of the company’ and other ‘specifying the rules regarding internal management of 
the company’. Identify these two documents and differentiate between them on any three 
basis.      
                                                                                    
4 
17 i. Name the type of bank which provides financial aid to industries, heavy turnkey 
projects and foreign trade. 
ii. Explain the three types of Marine Insurance Policies. 
 
4 
18 Distinguish between Departmental undertakings and Statutory corporation on the following 
basis:- 
(a) Funds 
(b) Audit procedure 
(c) Employees of the enterprises 
(d) Formation  
 
4 
19 Explain the social responsibility of the business towards: 
(a) Shareholders or owners 
(b) Consumers 
 
4 
20 “Business is undertaken with the object of earning money.” Which characteristic of business 
is highlighted in the above statement? Explain three other characteristics of business firm.  
 
4 
21 In spite of a dominant role the public sector could not do much for economic development of 
our country. Then also why is government of India not closing all public sector enterprises?  
Give five reasons in support of your answer. 
5 
22  Explain any three benefits of e – banking to customers and any two benefits of e - banking to 
banks. 
 
5 
23 Ajeet is a Company Secretary while his younger sister Geeta is working as a clerk in a 
government department. Name the economic activities in which they are engaged and 
differentiate among them on the basis of: 
(i) Mode of establishment 
(ii) Nature of Work 
(iii) Qualification 
(iv) Risk 
(v) Code of conduct 
 
5 
24 According to a newspaper report, air pollution is increasing at an alarming rate in Delhi. 
Children and elderly are at high risk as cases of asthma and other breathing problems are 
increasing day by day. Thus, it has become imperative for every business firm to solve 
environmental pollution problems. Explain any five steps taken by business firms for 
environment protection.     
 
5 
25 Rahul, Bimal and Kiran decided to form a partnership firm by the name “RBK Tours and 
travels”. They all decided to contribute Rs.30,000 for starting a business firm. They divided 
different functions among themselves as per their areas of expertise. Rahul will take care of 
air plane, train and bus reservations; Bimal, a physically handicapped person will take care of 
accommodation booking. Kiran has also done a computer course and will be responsible for 
online queries and credit card payments.  
5 
Page 3


 XI B Page 1 of 3 
 
 
 
           
            
Date:                          Class: XI 
Business Studies  
Time:3 hrs                                                  M. M: 100 
General Instructions: 
 
1. Answer to questions carrying 1 mark may be from one word to one sentence. 
2. Answer to questions carrying 3 marks may be from 50-75 words. 
3. Answer to questions carrying 4 -5 marks may be about 150 words.  
4. Answer to questions carrying 6 marks may be about 200 words. 
5. Attempt all parts of a question together. 
 
1 Differentiate between goods and services on the basis of ‘Inseparability’. 1 
 
2 Name the document which invites the general public to subscribe to the shares and debentures 
of the company. 
 
1 
3 Supply of learning materials to economically backward students by a business firm is an 
example of which kind of social responsibility? 
 
1 
4 What is meant by ‘Point of Sales’? 
 
1 
5 A company took fire insurance policy for Rs. 5 lakh. After three months, due to fire, insured 
suffered a loss of Rs. 2 lakh. How much money will the company get and why? Name the 
principle of insurance applicable here.  
 
1 
6 Name the process which involves sale of the equity shares to the private sector and the public. 1 
 
7 “Employees Union of Bharat Textiles starts a retail store to make daily household articles at 
reasonable prices available to its members”. Name this form of business organization. 
 
1 
8 Define the term ‘Business risks’. 
 
1 
9 Distinguish between ‘Joint Hindu Family Business’ and ‘Co – operative Society’ on the basis 
‘control and management’. 
 
1 
10 Mention one demerit of Government Company. 1 
 
11 Explain the following services provided by banks: 
i. Bank Draft  
ii. Real time gross settlement (RTGS)  
3 
 
12 
 
What is the effect of conclusiveness of the ‘Certificate of Incorporation’? 3 
13 
 
Name and explain the enterprise under which a project or service is funded and operated 
through a partnership of government and one or more private enterprises. 
3 
 XI B Page 2 of 3 
 
14 “Commerce includes trade and auxiliaries to trade.” Explain. 3 
 
15 Explain any three types of postal services available in India. 3 
 
16  Kunal & Co. prepared two documents for getting the company registered – one ‘defining the 
objectives of the company’ and other ‘specifying the rules regarding internal management of 
the company’. Identify these two documents and differentiate between them on any three 
basis.      
                                                                                    
4 
17 i. Name the type of bank which provides financial aid to industries, heavy turnkey 
projects and foreign trade. 
ii. Explain the three types of Marine Insurance Policies. 
 
4 
18 Distinguish between Departmental undertakings and Statutory corporation on the following 
basis:- 
(a) Funds 
(b) Audit procedure 
(c) Employees of the enterprises 
(d) Formation  
 
4 
19 Explain the social responsibility of the business towards: 
(a) Shareholders or owners 
(b) Consumers 
 
4 
20 “Business is undertaken with the object of earning money.” Which characteristic of business 
is highlighted in the above statement? Explain three other characteristics of business firm.  
 
4 
21 In spite of a dominant role the public sector could not do much for economic development of 
our country. Then also why is government of India not closing all public sector enterprises?  
Give five reasons in support of your answer. 
5 
22  Explain any three benefits of e – banking to customers and any two benefits of e - banking to 
banks. 
 
5 
23 Ajeet is a Company Secretary while his younger sister Geeta is working as a clerk in a 
government department. Name the economic activities in which they are engaged and 
differentiate among them on the basis of: 
(i) Mode of establishment 
(ii) Nature of Work 
(iii) Qualification 
(iv) Risk 
(v) Code of conduct 
 
5 
24 According to a newspaper report, air pollution is increasing at an alarming rate in Delhi. 
Children and elderly are at high risk as cases of asthma and other breathing problems are 
increasing day by day. Thus, it has become imperative for every business firm to solve 
environmental pollution problems. Explain any five steps taken by business firms for 
environment protection.     
 
5 
25 Rahul, Bimal and Kiran decided to form a partnership firm by the name “RBK Tours and 
travels”. They all decided to contribute Rs.30,000 for starting a business firm. They divided 
different functions among themselves as per their areas of expertise. Rahul will take care of 
air plane, train and bus reservations; Bimal, a physically handicapped person will take care of 
accommodation booking. Kiran has also done a computer course and will be responsible for 
online queries and credit card payments.  
5 
 XI B Page 3 of 3 
 
They also decided to share the profits and losses of the business equally. 
i. The above para highlights certain merits of a partnership form of organization. 
Name and explain any three such merits. 
ii. Also identify any two values depicted in the above para. 
 
26 “Various multinational companies extend their operations and activities beyond the physical 
boundaries of their own country. They possess large amount of resources and also have the 
ability to raise funds from different sources. They usually enter into agreements with 
companies in different countries regarding sale of technology, production of goods, etc.their 
products conform to international standards and quality specifications”.    
i. Identify and explain any three features of multinational companies highlighted in 
the above para.                                                                                      
ii. Quote the lines from the above para that indicate these three features.      
 
6 
27 A leading pharmaceutical firm is earning huge profits annually. It decides to spend some 
portion of its annual profits on upliftment of the society. It has organized health camps and is 
spreading awareness among general public for initiating healthy habits in themselves and 
their family members. It also conducts free medical tests and is giving free medical aid to 
weaker sections of the society once in six months.    
Should the firm assume social responsibilities as discussed above or should it utilize its 
profits on its further growth and expansion? 
Give four reasons in support of your answer.           
                        
6 
28 a. A factory owner took a fire insurance policy for his factory without informing the 
insurance company that he received notice from electricity department to get the 
wiring of the factory repaired. After six months of taking policy the factory caught 
fire due to faulty wiring. Will the factory owner get compensation for the loss due 
to fire? Which principle of insurance is related with this case? Explain that 
principle. 
b. Rahul has taken fire insurance policy for his factory. Due to fire he suffered a loss 
of Rs.4 lakh and he gets the compensation for the same. The half – burnt goods 
canbe sold for Rs.40,000. Who has the right over it? Why? Name and explain the 
principle involved here. 
 
6 
29 Ramesh is a sole proprietor. Over the past decade his business has grown from operating 
neighbourhood corner shop selling accessories such as artificial jewellery, bags, hair clips etc 
to a retail chain with three branches in the city. Although he looks after the varied functions 
in all the branches, he is wondering whether he should form a company to better manage the 
business. He also plans to open branches countrywide. 
(a) Explain three benefits of remaining a sole proprietor. 
(b) Explain three benefits of converting to Joint Stock Company. 
 
6 
30 Rishabh, a brilliant student, lives in a remote district of Orissa and has done mechanical 
engineering. He has won a lottery of Rs. 10 lakhs.  He wants to invest this money in some 
business opportunity. One of his friends suggested him to form a company. So he decided to 
manufacture tube lights and bulbs in his manufacturing unit and give jobs to unemployed 
youth in his village area. He has identified the business opportunity but is unaware about the 
other functions to be performed by him as a promoter of the company.  
Explain the other five steps to be performed by him as a promoter of the company.                                  
6