Are you searching for the Commerce AHSEC Class 11 Business Studies Question Paper 2014 for the H.S. First Year Assam Board Commerce stream?
Here, we provide a overview of the HS 1st Year Business Studies Question Paper 2014 in PDF format under the Assam Higher Secondary Education Council (AHSEC), now known as the Assam State School Education Board (ASSEB) Division -I Commerce PYQ's.
The Assam Board Class 11 Business Studies Previous Year Question Paper 2014 is a useful resource for students preparing for their AHSEC Class 11 Business Studies Division-I board exams. It helps students understand the exam pattern, marks distribution, and important topics.
Annual Examination 2014
HS 1st Year
Business Studies
Time: 3 Hours
Marks: 100
(1) Multiple Choice Questions (1×10=10)
a) What do debentures represent?
i) Fixed capital of the company.
ii) Working capital of the company.
iii) Borrowed capital of the company.
iv) None of the above.
b) ______ is known as the birth certificate of a company.
c) A bill of lading is similar to a bill of exchange. (True/False)
d) How is productivity calculated?
e) The system of Dayabhaga prevails only in ______.
f) By no means can a minor be a partner in a partnership firm. (True/False)
g) Give an example of an analytical industry.
h) Name an economic activity that involves almost no risk.
i) UNCTAD stands for ______.
j) FOB stands for ______.
(2) Short Answer Questions (2×6=12)
a) What preferential rights are enjoyed by preference shareholders? Explain.
b) Why is equity capital called risk capital?
c) Explain the meaning of Mate's Receipt.
d) What formalities are involved in getting an export license?
e) Discuss the principle of "Utmost Good Faith" in insurance.
f) Mention any two benefits of a registered partnership firm.
(3) Short Answer Questions (3×8=24)
a) Why does a business need funds?
b) Briefly explain the functions of the WTO.
c) Briefly explain any three functions of a wholesaler.
d) Why do people start small enterprises?
e) Name any three institutions engaged in financing rural, backward, and hilly area industries.
f) "Movement towards a paperless society" is a benefit of e-business. Discuss.
g) What are the benefits of a credit card?
h) Mention any three characteristics of outsourcing.
(4) Short Notes (5×4=20) [Any Four]
Write short notes on the following:
a) International Finance
b) Consumers' Co-operative Societies
c) Global Depository Receipt (GDR)
d) IBRD
e) Central Bank
f) Postal Service
(5) Long Answer Questions (8×4=32) [Any Four]
a) "Earning profit cannot be the objective of a business any more than eating is the objective of living." Discuss.
b) What are the advantages of the company form of business?
c) Explain the factors to be considered while choosing a source of funds.
d) What is a sole trading business? Discuss its various characteristics.
e) Define a promoter. What are the important functions of a promoter?
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