Class 12 Business Studies Official Sample Question Paper (2022-23) | Business Studies (BST) Class 12 - Commerce PDF Download

 Page 1


        
 
CLASS XII 
BUSINESS STUDIES 
SAMPLE QUESTION PAPER 2022-23 
  MM – 80                                                                                                        TIME: 3 HOURS 
    
        
 
General instructions   : 
1 This question paper contains 34 questions. 
2. Marks are indicated against each question. 
3. Answers should be brief and to the point. 
4. Answers to the questions carrying 3 marks may be from 50 to 75 words. 
5. Answers to the questions carrying 4 marks may be about 150 words. 
6. Answers to the questions carrying 6 marks may be about 200 words. 
7. Attempt all parts of the questions together. 
 
1. 
 
Rishabh joined an entertainment company Avtaar, as a creative head.  As a manager 
looking after the creative unit of the company, one of the functions he has to perform is 
the process of organizing. Which step of the process will he need to perform after 
identifying and dividing the work that has to be done in accordance with previously 
determined plans?  
 a)Identification and division of work 
 b).Departmentalisation 
 c).Assignment of Duties  
 d).Establishing Reporting Relationships 
1  
2.  
Which characteristic of the business environment is highlighted when changes are taking 
place too frequently and it becomes difficult to predict the future?   
a). Uncertainty          
b). Complexity 
c). Inter-relatedness  
d). Relativity 
 1 
3.  
 
Aarohan Ltd. is a company manufacturing automobiles where division of work into key 
areas includes production, purchase, marketing, accounts and personnel. Which of the 
following is a disadvantage of the organization structure of Aarohan Ltd.? 
a). It may lead to increase in cost 
b). Managers may gain power and assert independence and ignore organization interests. 
c). It ensures that different functions get due attention. 
d). Heads do not get training for top management positions. 
 1 
Page 2


        
 
CLASS XII 
BUSINESS STUDIES 
SAMPLE QUESTION PAPER 2022-23 
  MM – 80                                                                                                        TIME: 3 HOURS 
    
        
 
General instructions   : 
1 This question paper contains 34 questions. 
2. Marks are indicated against each question. 
3. Answers should be brief and to the point. 
4. Answers to the questions carrying 3 marks may be from 50 to 75 words. 
5. Answers to the questions carrying 4 marks may be about 150 words. 
6. Answers to the questions carrying 6 marks may be about 200 words. 
7. Attempt all parts of the questions together. 
 
1. 
 
Rishabh joined an entertainment company Avtaar, as a creative head.  As a manager 
looking after the creative unit of the company, one of the functions he has to perform is 
the process of organizing. Which step of the process will he need to perform after 
identifying and dividing the work that has to be done in accordance with previously 
determined plans?  
 a)Identification and division of work 
 b).Departmentalisation 
 c).Assignment of Duties  
 d).Establishing Reporting Relationships 
1  
2.  
Which characteristic of the business environment is highlighted when changes are taking 
place too frequently and it becomes difficult to predict the future?   
a). Uncertainty          
b). Complexity 
c). Inter-relatedness  
d). Relativity 
 1 
3.  
 
Aarohan Ltd. is a company manufacturing automobiles where division of work into key 
areas includes production, purchase, marketing, accounts and personnel. Which of the 
following is a disadvantage of the organization structure of Aarohan Ltd.? 
a). It may lead to increase in cost 
b). Managers may gain power and assert independence and ignore organization interests. 
c). It ensures that different functions get due attention. 
d). Heads do not get training for top management positions. 
 1 
4. 
 
Identify the dimensions of the business environment illustrated by the picture given above 
in which Sapna who has joined the workforce recently is working on an accounting 
software. 
a. Technological and social. 
b. Technological and political  
c. Political and economic  
d. Social and legal 
 1 
 5. 
 
Identify the reason which makes management important in the light of the fact that it is 
generally seen that individuals in an organization resist change, as a change often means 
moving from a familiar, secure environment into a newer and a more challenging one. 
a. Management helps in achieving group goals.  
b. Management creates a dynamic organization 
c. Management increases efficiency 
d. Management helps in the development of society. 
 1 
 
 
6.  The government of India made an announcement regarding Demonetization of the Indian 
economy on November 8, 2016 with profound implications for it. The process which 
put restrictions on convertibility of domestic money and bank deposits was meant to 
create a less-cash economy. One argument against the cash-lite economy is that: 
a).Internet connectivity is a prerequisite 
b).More people will be introduced into the formal economy. 
c).Financial saving will increase 
d).Tax evasion will be reduced          
 1 
Page 3


        
 
CLASS XII 
BUSINESS STUDIES 
SAMPLE QUESTION PAPER 2022-23 
  MM – 80                                                                                                        TIME: 3 HOURS 
    
        
 
General instructions   : 
1 This question paper contains 34 questions. 
2. Marks are indicated against each question. 
3. Answers should be brief and to the point. 
4. Answers to the questions carrying 3 marks may be from 50 to 75 words. 
5. Answers to the questions carrying 4 marks may be about 150 words. 
6. Answers to the questions carrying 6 marks may be about 200 words. 
7. Attempt all parts of the questions together. 
 
1. 
 
Rishabh joined an entertainment company Avtaar, as a creative head.  As a manager 
looking after the creative unit of the company, one of the functions he has to perform is 
the process of organizing. Which step of the process will he need to perform after 
identifying and dividing the work that has to be done in accordance with previously 
determined plans?  
 a)Identification and division of work 
 b).Departmentalisation 
 c).Assignment of Duties  
 d).Establishing Reporting Relationships 
1  
2.  
Which characteristic of the business environment is highlighted when changes are taking 
place too frequently and it becomes difficult to predict the future?   
a). Uncertainty          
b). Complexity 
c). Inter-relatedness  
d). Relativity 
 1 
3.  
 
Aarohan Ltd. is a company manufacturing automobiles where division of work into key 
areas includes production, purchase, marketing, accounts and personnel. Which of the 
following is a disadvantage of the organization structure of Aarohan Ltd.? 
a). It may lead to increase in cost 
b). Managers may gain power and assert independence and ignore organization interests. 
c). It ensures that different functions get due attention. 
d). Heads do not get training for top management positions. 
 1 
4. 
 
Identify the dimensions of the business environment illustrated by the picture given above 
in which Sapna who has joined the workforce recently is working on an accounting 
software. 
a. Technological and social. 
b. Technological and political  
c. Political and economic  
d. Social and legal 
 1 
 5. 
 
Identify the reason which makes management important in the light of the fact that it is 
generally seen that individuals in an organization resist change, as a change often means 
moving from a familiar, secure environment into a newer and a more challenging one. 
a. Management helps in achieving group goals.  
b. Management creates a dynamic organization 
c. Management increases efficiency 
d. Management helps in the development of society. 
 1 
 
 
6.  The government of India made an announcement regarding Demonetization of the Indian 
economy on November 8, 2016 with profound implications for it. The process which 
put restrictions on convertibility of domestic money and bank deposits was meant to 
create a less-cash economy. One argument against the cash-lite economy is that: 
a).Internet connectivity is a prerequisite 
b).More people will be introduced into the formal economy. 
c).Financial saving will increase 
d).Tax evasion will be reduced          
 1 
7. 
 
Airlines will be able to offer the benefit of lower pricing to customers on 
sectors/routes  due to the decision of the civil aviation ministry to remove price caps  from 
August 31, 2022.  This can help an airline to do better performance if they take early 
decisions regarding future courses of action after understanding and doing analysis.  Which 
importance of business environment and its understanding by managers is not  highlighted 
above: 
 
a. It helps in improving performance  
b. It helps in assisting in planning and policy formulation 
c. It helps in tapping useful resources 
d. It enables a firm to identify opportunities and get first mover advantage. 
 1 
8. 
 
 Alo a mobility platform is in the process of laying off 400-500 employees in a move aimed 
at driving cost efficiency. Which objective of management will the firm not be able to 
achieve by carrying out this process. 
a) Efficiency                               
b)  Social  
 c) Profit                                           
d)  Survival 
 1 
9. 
 
Radha started a home cooked food delivery Dabba service. Her mother, who is a great 
cook, decided to help her. They relied on friends and family for orders and then on word of 
mouth. As a step in the process of ensuring that activities are performed as per her plan 
of supplying healthy, good quality, reasonable food and earning profit, she decided to keep 
both qualitative and quantitative benchmarks towards which she would strive to work. A  
function of management is being discussed above. An important characteristic of this 
function of management is : 
a. It is the first function of management  
b. It is the Last function of management 
c. It is both forward looking and backward looking. 
d.  It is required only in business organizations. 
 1 
10. 
 
Raman and Vasudev were two employees who were embezzling an import-export 
company in Varanasi where they were working. The finance manager of the company 
Sampat Singh became suspicious of the two employees when he realized that their 
activities were not being performed as per the plans.  He installed a software program that 
could secretly log every single stroke of the suspects’ computer keys and send an 
encrypted email report to the Cyber police. The police were able to catch the two 
dishonest employees red handed and arrest them. Identify the function of management 
being discussed above. 
a. Staffing 
b. Coordination 
c. Controlling 
d. Organizing 
1  
11.  
Name the outcome of the function of management which includes designing of roles to be 
filled by suitably skilled people and defining the inter relationship between roles so that 
ambiguity in performance of duties can be eliminated. 
a. Organization structure                    
 1 
Page 4


        
 
CLASS XII 
BUSINESS STUDIES 
SAMPLE QUESTION PAPER 2022-23 
  MM – 80                                                                                                        TIME: 3 HOURS 
    
        
 
General instructions   : 
1 This question paper contains 34 questions. 
2. Marks are indicated against each question. 
3. Answers should be brief and to the point. 
4. Answers to the questions carrying 3 marks may be from 50 to 75 words. 
5. Answers to the questions carrying 4 marks may be about 150 words. 
6. Answers to the questions carrying 6 marks may be about 200 words. 
7. Attempt all parts of the questions together. 
 
1. 
 
Rishabh joined an entertainment company Avtaar, as a creative head.  As a manager 
looking after the creative unit of the company, one of the functions he has to perform is 
the process of organizing. Which step of the process will he need to perform after 
identifying and dividing the work that has to be done in accordance with previously 
determined plans?  
 a)Identification and division of work 
 b).Departmentalisation 
 c).Assignment of Duties  
 d).Establishing Reporting Relationships 
1  
2.  
Which characteristic of the business environment is highlighted when changes are taking 
place too frequently and it becomes difficult to predict the future?   
a). Uncertainty          
b). Complexity 
c). Inter-relatedness  
d). Relativity 
 1 
3.  
 
Aarohan Ltd. is a company manufacturing automobiles where division of work into key 
areas includes production, purchase, marketing, accounts and personnel. Which of the 
following is a disadvantage of the organization structure of Aarohan Ltd.? 
a). It may lead to increase in cost 
b). Managers may gain power and assert independence and ignore organization interests. 
c). It ensures that different functions get due attention. 
d). Heads do not get training for top management positions. 
 1 
4. 
 
Identify the dimensions of the business environment illustrated by the picture given above 
in which Sapna who has joined the workforce recently is working on an accounting 
software. 
a. Technological and social. 
b. Technological and political  
c. Political and economic  
d. Social and legal 
 1 
 5. 
 
Identify the reason which makes management important in the light of the fact that it is 
generally seen that individuals in an organization resist change, as a change often means 
moving from a familiar, secure environment into a newer and a more challenging one. 
a. Management helps in achieving group goals.  
b. Management creates a dynamic organization 
c. Management increases efficiency 
d. Management helps in the development of society. 
 1 
 
 
6.  The government of India made an announcement regarding Demonetization of the Indian 
economy on November 8, 2016 with profound implications for it. The process which 
put restrictions on convertibility of domestic money and bank deposits was meant to 
create a less-cash economy. One argument against the cash-lite economy is that: 
a).Internet connectivity is a prerequisite 
b).More people will be introduced into the formal economy. 
c).Financial saving will increase 
d).Tax evasion will be reduced          
 1 
7. 
 
Airlines will be able to offer the benefit of lower pricing to customers on 
sectors/routes  due to the decision of the civil aviation ministry to remove price caps  from 
August 31, 2022.  This can help an airline to do better performance if they take early 
decisions regarding future courses of action after understanding and doing analysis.  Which 
importance of business environment and its understanding by managers is not  highlighted 
above: 
 
a. It helps in improving performance  
b. It helps in assisting in planning and policy formulation 
c. It helps in tapping useful resources 
d. It enables a firm to identify opportunities and get first mover advantage. 
 1 
8. 
 
 Alo a mobility platform is in the process of laying off 400-500 employees in a move aimed 
at driving cost efficiency. Which objective of management will the firm not be able to 
achieve by carrying out this process. 
a) Efficiency                               
b)  Social  
 c) Profit                                           
d)  Survival 
 1 
9. 
 
Radha started a home cooked food delivery Dabba service. Her mother, who is a great 
cook, decided to help her. They relied on friends and family for orders and then on word of 
mouth. As a step in the process of ensuring that activities are performed as per her plan 
of supplying healthy, good quality, reasonable food and earning profit, she decided to keep 
both qualitative and quantitative benchmarks towards which she would strive to work. A  
function of management is being discussed above. An important characteristic of this 
function of management is : 
a. It is the first function of management  
b. It is the Last function of management 
c. It is both forward looking and backward looking. 
d.  It is required only in business organizations. 
 1 
10. 
 
Raman and Vasudev were two employees who were embezzling an import-export 
company in Varanasi where they were working. The finance manager of the company 
Sampat Singh became suspicious of the two employees when he realized that their 
activities were not being performed as per the plans.  He installed a software program that 
could secretly log every single stroke of the suspects’ computer keys and send an 
encrypted email report to the Cyber police. The police were able to catch the two 
dishonest employees red handed and arrest them. Identify the function of management 
being discussed above. 
a. Staffing 
b. Coordination 
c. Controlling 
d. Organizing 
1  
11.  
Name the outcome of the function of management which includes designing of roles to be 
filled by suitably skilled people and defining the inter relationship between roles so that 
ambiguity in performance of duties can be eliminated. 
a. Organization structure                    
 1 
 b. Delegation of authority  
c. Decentralization                              
d. controlling  
12. Statement-I Transportation helps in creating time utility and warehousing helps in creating 
place utility  
Statement-II The process of classification of products into different groups on the basis of 
their important characteristics is known as standardization. 
Choose the correct option from the options given below: 
a. Statement I is true and II is false 
b. Statement II is true and I is false  
c. Both the statements are true 
d. Both the statements are false  
 1 
13.  
 
Match the various terms of Financial Markets Column - I with their respective Statements 
in Column-II 
 Column - I  Column - II 
a Financial market i It is also known as the Stock market 
b Primary market ii It is a market for creation and exchange 
 of financial assets. 
c Secondary market iii It is also known as  New issue market 
(a)  (ii), (iii), (i)    (b) (i), (iii), (ii) 
(c) (iii), (ii), (i)    (d) (i), (ii), (iii) 
 
14. 
 
________________ is a number assigned to each transaction by the stock exchange and is 
printed on the contract note. 
a. Client code number 
b. Unique order code  
c. Permanent account number 
d. Depository participant number 
 1 
15. 
 
One of the important decision areas under the marketing function of ……………………..  is 
managing inventory. 
a. Branding  
b. Pricing  
c. Promotion  
d. Physical distribution. 
 1 
16. 
 
Which of the following statements   is incorrect? 
a.  Providing liquidity to securities is one of the functions of stock exchange 
b. Process of holding shares in electronic form is known as Dematerialization 
c. Securities Exchange Board of India performs the regulatory function of controlling 
insider trading and imposing penalties for such practices. 
d. Capital market consists of Commercial banks, Development banks and stock 
 1 
Page 5


        
 
CLASS XII 
BUSINESS STUDIES 
SAMPLE QUESTION PAPER 2022-23 
  MM – 80                                                                                                        TIME: 3 HOURS 
    
        
 
General instructions   : 
1 This question paper contains 34 questions. 
2. Marks are indicated against each question. 
3. Answers should be brief and to the point. 
4. Answers to the questions carrying 3 marks may be from 50 to 75 words. 
5. Answers to the questions carrying 4 marks may be about 150 words. 
6. Answers to the questions carrying 6 marks may be about 200 words. 
7. Attempt all parts of the questions together. 
 
1. 
 
Rishabh joined an entertainment company Avtaar, as a creative head.  As a manager 
looking after the creative unit of the company, one of the functions he has to perform is 
the process of organizing. Which step of the process will he need to perform after 
identifying and dividing the work that has to be done in accordance with previously 
determined plans?  
 a)Identification and division of work 
 b).Departmentalisation 
 c).Assignment of Duties  
 d).Establishing Reporting Relationships 
1  
2.  
Which characteristic of the business environment is highlighted when changes are taking 
place too frequently and it becomes difficult to predict the future?   
a). Uncertainty          
b). Complexity 
c). Inter-relatedness  
d). Relativity 
 1 
3.  
 
Aarohan Ltd. is a company manufacturing automobiles where division of work into key 
areas includes production, purchase, marketing, accounts and personnel. Which of the 
following is a disadvantage of the organization structure of Aarohan Ltd.? 
a). It may lead to increase in cost 
b). Managers may gain power and assert independence and ignore organization interests. 
c). It ensures that different functions get due attention. 
d). Heads do not get training for top management positions. 
 1 
4. 
 
Identify the dimensions of the business environment illustrated by the picture given above 
in which Sapna who has joined the workforce recently is working on an accounting 
software. 
a. Technological and social. 
b. Technological and political  
c. Political and economic  
d. Social and legal 
 1 
 5. 
 
Identify the reason which makes management important in the light of the fact that it is 
generally seen that individuals in an organization resist change, as a change often means 
moving from a familiar, secure environment into a newer and a more challenging one. 
a. Management helps in achieving group goals.  
b. Management creates a dynamic organization 
c. Management increases efficiency 
d. Management helps in the development of society. 
 1 
 
 
6.  The government of India made an announcement regarding Demonetization of the Indian 
economy on November 8, 2016 with profound implications for it. The process which 
put restrictions on convertibility of domestic money and bank deposits was meant to 
create a less-cash economy. One argument against the cash-lite economy is that: 
a).Internet connectivity is a prerequisite 
b).More people will be introduced into the formal economy. 
c).Financial saving will increase 
d).Tax evasion will be reduced          
 1 
7. 
 
Airlines will be able to offer the benefit of lower pricing to customers on 
sectors/routes  due to the decision of the civil aviation ministry to remove price caps  from 
August 31, 2022.  This can help an airline to do better performance if they take early 
decisions regarding future courses of action after understanding and doing analysis.  Which 
importance of business environment and its understanding by managers is not  highlighted 
above: 
 
a. It helps in improving performance  
b. It helps in assisting in planning and policy formulation 
c. It helps in tapping useful resources 
d. It enables a firm to identify opportunities and get first mover advantage. 
 1 
8. 
 
 Alo a mobility platform is in the process of laying off 400-500 employees in a move aimed 
at driving cost efficiency. Which objective of management will the firm not be able to 
achieve by carrying out this process. 
a) Efficiency                               
b)  Social  
 c) Profit                                           
d)  Survival 
 1 
9. 
 
Radha started a home cooked food delivery Dabba service. Her mother, who is a great 
cook, decided to help her. They relied on friends and family for orders and then on word of 
mouth. As a step in the process of ensuring that activities are performed as per her plan 
of supplying healthy, good quality, reasonable food and earning profit, she decided to keep 
both qualitative and quantitative benchmarks towards which she would strive to work. A  
function of management is being discussed above. An important characteristic of this 
function of management is : 
a. It is the first function of management  
b. It is the Last function of management 
c. It is both forward looking and backward looking. 
d.  It is required only in business organizations. 
 1 
10. 
 
Raman and Vasudev were two employees who were embezzling an import-export 
company in Varanasi where they were working. The finance manager of the company 
Sampat Singh became suspicious of the two employees when he realized that their 
activities were not being performed as per the plans.  He installed a software program that 
could secretly log every single stroke of the suspects’ computer keys and send an 
encrypted email report to the Cyber police. The police were able to catch the two 
dishonest employees red handed and arrest them. Identify the function of management 
being discussed above. 
a. Staffing 
b. Coordination 
c. Controlling 
d. Organizing 
1  
11.  
Name the outcome of the function of management which includes designing of roles to be 
filled by suitably skilled people and defining the inter relationship between roles so that 
ambiguity in performance of duties can be eliminated. 
a. Organization structure                    
 1 
 b. Delegation of authority  
c. Decentralization                              
d. controlling  
12. Statement-I Transportation helps in creating time utility and warehousing helps in creating 
place utility  
Statement-II The process of classification of products into different groups on the basis of 
their important characteristics is known as standardization. 
Choose the correct option from the options given below: 
a. Statement I is true and II is false 
b. Statement II is true and I is false  
c. Both the statements are true 
d. Both the statements are false  
 1 
13.  
 
Match the various terms of Financial Markets Column - I with their respective Statements 
in Column-II 
 Column - I  Column - II 
a Financial market i It is also known as the Stock market 
b Primary market ii It is a market for creation and exchange 
 of financial assets. 
c Secondary market iii It is also known as  New issue market 
(a)  (ii), (iii), (i)    (b) (i), (iii), (ii) 
(c) (iii), (ii), (i)    (d) (i), (ii), (iii) 
 
14. 
 
________________ is a number assigned to each transaction by the stock exchange and is 
printed on the contract note. 
a. Client code number 
b. Unique order code  
c. Permanent account number 
d. Depository participant number 
 1 
15. 
 
One of the important decision areas under the marketing function of ……………………..  is 
managing inventory. 
a. Branding  
b. Pricing  
c. Promotion  
d. Physical distribution. 
 1 
16. 
 
Which of the following statements   is incorrect? 
a.  Providing liquidity to securities is one of the functions of stock exchange 
b. Process of holding shares in electronic form is known as Dematerialization 
c. Securities Exchange Board of India performs the regulatory function of controlling 
insider trading and imposing penalties for such practices. 
d. Capital market consists of Commercial banks, Development banks and stock 
 1 
exchanges  
17.  One of the following is considered to be an extension of the marketing concept, which 
apart from customer satisfaction pays attention to ethical and ecological aspects of 
marketing. Identify the concept. 
a. Selling concept 
b. Product concept  
c. Production concept 
d. Societal Marketing concept  
 
18. While the product costs set the lower limits of the price for a product, the upper limit of 
price which a buyer would be prepared to pay is decided by: 
a.  Utility and demand of the product 
b. The marketing manager of the firm 
c. The Government 
d. The competitors of the firm 
 
19.  Which of the following statements about Advertising  is incorrect? 
a. It is a personal form of communication  
b. It is a paid form of communication  
c. It is a mass selling technique.  
d. It is inflexible as the message can’t be adjusted to the needs of the buyer. 
 
20.  
Arrange the steps involved in trading procedure at the stock exchange in correct sequence 
: 
      i) Settlement of order 
    ii) Opening of Demat Account 
    iii) Placing of order 
    iv) Execution of order 
      a)  (ii) ; (iv);( iii);(i)   b)   (ii) ;(i) ;(iii);(ii) 
       c)   (iii);(ii);( ii);(i)                                    d)   (ii);(iii);(iv);(i)  
 
21.  
 
Top management plans for the entire organization. According to these plans the 
organizational structure is developed and staffed. In order to ensure that these plans are 
executed according to plans, directing is required. Any discrepancies between actual and 
realized activities are then taken care of at the stage of controlling. Name and explain the 
process highlighted above which started at the planning stage itself and is implicit and 
inherent in all the functions of management in an organization. 
 3