In this post, we provide the HS 1st Year Business Studies Question Paper 2025 for students of Class 11. This question paper will help you:
Understand the exam pattern
Practice important questions
Prepare better for upcoming exams
ASSEB Class 11 Business Studies Question Paper 2025
Full Marks: 80
Pass Marks: 24
Time: 3 hours
The figures in the margin indicate full marks for the questions.
Answer Part - A question in the OMR answer sheet provided.
ALLOTMENT OF MARKS
Part-A
(Q. Nos. 1–40): 1 mark each → 1×40 = 40
Part-B:
Q. No. 41: 2 marks each (any five out of eight) → 2×5 = 10
Q. No. 42: 3 marks each (any five out of eight) → 3×5 = 15
Q. No. 43: 5 marks each (any three out of seven) → 5×3 = 15
Total: 80
PART-A (MARKS: 40)
Choose the correct option:
1. The economic activity in which specialized knowledge is required
(a) Profession
(b) Business
(c) Employment
(d) None of the above
2. Name the auxiliary to trade which removes the hindrance of time.
(a) Warehouse
(b) Trade
(c) Transportation
(d) Banking
3. Soaps are included under which type of industry?
(a) Synthetical industry
(b) Analytical industry
(c) Processing industry
(d) Assembling industry
4. A company cannot come into existence without
(a) Certificate of incorporation
(b) Electing directors
(c) Issuing prospectus
(d) All of the above
5. In which year was the Companies Act re-framed?
(a) 1956
(b) 1932
(c) 2013
(d) 2003
6. In a cooperative society, the main principle followed is
(a) One share, one vote
(b) One member, one vote
(c) Multiple votes
(d) No vote
7. Multinational companies are controlled and managed by
(a) Registered office
(b) Parliament
(c) Branch office
(d) Subsidiary company
8. Reserve Bank of India has been set up as which type of public enterprise?
(a) Statutory Corporation
(b) MNC
(c) Departmental undertakings
(d) Government company
9. When two business enterprises agree to join together for a common objective and mutual gain, it gives rise to
(a) Joint venture
(b) Partnership
(c) Company
(d) MNC
10. A company whose ownership and control is vested in a holding company is known as
(a) MNC
(b) Departmental undertaking
(c) Statutory corporation
(d) Government company
11. DTH services are provided by
(a) Cellular companies
(b) Postal companies
(c) Transport companies
(d) Banks
12. Which of the following is not a form of e-banking service?
(a) Cheque
(b) ATM
(c) POS
(d) EFTS
13. Overdraft facility is available on
(a) Current deposit account
(b) Recurring deposit
(c) Savings deposit
(d) Fixed deposit
14. Videoconferencing is an example of which type of e-business transaction?
(a) B2E
(b) Intra B2B
(c) B2B
(d) B2C
15. Payment for purchases through online shopping is done through
(a) COD, credit card or debit card
(b) COD
(c) Credit card or debit card
(d) None of the above
16. Which one of the following is not an example of transactional risk?
(a) Hacking
(b) Default on order taking
(c) Default on payment
(d) Default on delivery
17. In outsourcing, the process may be outsourced to
(a) Horizontals
(b) Verticals
(c) Captive BPO unit
(d) All of the above
18. Public deposits are the deposits that are directly from
(a) The public
(b) The auditors
(c) The owners
(d) The directors
19. Which of the following is a commercial bank?
(a) Punjab National Bank
(b) Canara Bank
(c) State Bank of India
(d) All of the above
20. The minimum number of members to form a public company is
(a) 5
(b) 7
(c) 12
(d) 21
21. Code of conduct should be followed by which level of management?
(a) Top level
(b) Low level
(c) All levels
(d) Middle level
22. When a business firm uses eco-friendly methods of production, they are performing social responsibility towards
(a) Customers
(b) Employees
(c) Community
(d) Shareholders
23. Equity shareholders are
(a) Owners of the company
(b) Shareholders of the company
(c) Executive officers of the company
(d) Creditors of the company
24. Funds raised through loans or borrowings are
(a) Borrowed funds
(b) Owner’s equity
(c) Share capital
(d) None of the above
25. Money obtained by issue of shares is known as
(a) Debt
(b) Share capital
(c) Loans
(d) Reserve fund
26. Atmanirbhar Bharat Abhiyan was started in
(a) 2021
(b) 2020
(c) 2022
(d) 2005
27. The Industrial Finance Corporation of India (IFCI) was established in
(a) July 1948
(b) July 2001
(c) July 1956
(d) July 1991
28. Innovative small firms are more likely in
(a) Knowledge-based sectors
(b) Biotechnology
(c) Automobile manufacturing
(d) Aerospace manufacturing
29. An individual who initiates, creates and manages a new business can be called
(a) A leader
(b) A manager
(c) A professional
(d) An entrepreneur
30. Which of the following is organized by individuals?
(a) Cottage industry
(b) Railway industry
(c) Chemical industry
(d) None of the above
31. In what class does the retail shop of Bata Shoe Company belong?
(a) Supermarket
(b) General store
(c) Cooperative society
(d) Chain store
32. Innovative entrepreneurs face special issues in raising
(a) Development capital
(b) Structured capital
(c) Human capital
(d) Seed capital
33. The purchase of goods from a foreign country is called
(a) Entreport
(b) Import
(c) Re-export
(d) Export
34. The retailer plays an important role as a link between
(a) Consumer and manufacturer
(b) Consumer and wholesaler
(c) Manufacturer and wholesaler
(d) He does not link any
35. A warehouse keeper accepts goods for the purpose of
(a) Selling
(b) Packaging
(c) Export
(d) Storage
36. Small-scale fixed retailers include
(a) Hawkers
(b) Pedlars
(c) Cheapjacks
(d) General stores
37. The World Bank is known as
(a) IMF
(b) IDA
(c) IBRD
(d) Both (b) and (c)
38. Which type of elasticity plays a crucial role in determining international trade?
(a) Elasticity of demand
(b) Price elasticity of demand
(c) Income elasticity of demand
(d) Cross elasticity of demand
39. Key controllable factors in global marketing are
(a) Government policy and legislation
(b) Social and technical changes
(c) Marketing activities and plans
(d) All of the above
40. International trade forces domestic firms to become more competitive in terms of
(a) Introduction of new products
(b) Product design and quality
(c) Product price
(d) All of the above
PART-B (Marks: 40)
41. Answer any five of the following (2×5=10):
(a) Explain the concept of business.
(b) Give two distinctive features of a sole proprietorship.
(c) Define a retailer.
(d) What is a warehouse?
(e) What do you mean by business finance?
(f) Why is a company termed as an artificial person?
(g) What do you mean by insurable interest?
(h) What is the private sector?
42. Answer any five of the following (3×5=15):
(a) What is the role of profit in business?
(b) Write briefly on the changing role of the public sector.
(c) What are the services rendered by banks?
(d) What do you understand by social responsibility of business?
(e) Write three differences between Memorandum of Association and Articles of Association.
(f) Write the names of three sources of finance of a company.
(g) Write the problems faced by small enterprises within 50 words.
(h) Mention the main divisions of foreign trade.
43. Answer any three of the following (5×3=15):
(a) What is a multinational company? Write three main features.
(b) What is e-banking? What are its advantages?
(c) How does outsourcing represent a new mode of business?
(d) What do you mean by business ethics? Explain its elements.
(e) What do you mean by promotion of a company? Write the principal documents necessary for incorporation.
(f) Explain the role of small industries in rural areas.
(g) What is wholesale trade? Describe its features.
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Final Words
The ASSEB Class 11 Business Studies Question Paper 2025 is a must for all students preparing for HS 1st Year examinations. Keep practicing and stay focused on concepts to score well.