Model Paper 3 Business Studies - Model Paper 3

Funding for Departmental Undertakings comes from which of the following sources:

Which of the following is organised by individuals?

Since the main objective of the business is to earn profits, which of the following is not an appropriate method of earning profits:

State the full form of RWED:

Assertion(A): Current account is mostly suitable for business firms.
Reason(R): Holder can deposit or withdraw money as and when required.

What do you mean by preference shares? Discuss its various merits.

Discuss the various types of preference shares.

Name the various types of Itinerant Retailers.

What are the various types of industries?

Rohan, a student of business studies, wants to understand the interrelation between industry, trade, and commerce. Help him.

What do you understand by Intellectual Property Rights? Explain.

Enlist any four measures through which a business can promote its goodwill in the market?

Explain briefly the following features of global enterprises:
i. Huge capital resources
ii. Foreign collaboration
iii. Expansion of market territory
iv. Centralised control.

Describe briefly any two applications of E-business.

Explain how industry, trade, and commerce are interrelated.

State the types of life insurance policies.

Qureshi had aspired to start a Thai food restaurant from his childhood. On completing his education he shared his childhood dream with his father. Therefore, the father-son duo decided to approach a nearby bank for obtaining a loan. His father's foremost concern was to raise finance for the business as his savings would be insufficient for starting a business.
In the context of the above case answer the following:
a. Define the term business finance.
b. Briefly outline the importance of business finance.
c. The two types of funds on the basis of ownership are being discussed above. Identify and differentiate between them by giving any three suitable points.

Describe briefly different types of cooperative societies.

Distinguish between a Co-operative society (organisation) and a Company.

Discuss as to why nations trade.