BUSINESS STUDIES PRACTICE PAPER-2 TIME-3hr CLASS-X1 MM-90 1) Ritika producesgoods not for the purpose of sale but for personal consumption.Will it be a business activity? why? (1) 2) What are the different option to expend sole proprietorship business? (1) 3) What is meant by disinvestment? (1) 4) Name the principals of insurance under which the insurer stands in place of the insured after settlement of claim, in relation to the insured property. (1) 5) What are Inter Corporate Deposites (ICD)? (1) 6) What is the role of Distric Industril Centres for the growth of small business in India? (1) 7) Why does an Importer ask the exporter to send a 'Certificate of Origion'? (1) 8) Give any two functions of a retailer in the distribution of goods and services. (1) 9) Categorise the following into business,profession and employment. (i) A farmer (ii) An advocate (iii) A clerk (iv) A doctor (v) A hawker selling toys for children (vi) A person repairing scooter on roadside. (3) 10) What do you understand by the Government company. Give any two demerits of Governments company in India. (3) 11) Sukram has taken fire insurance policy for his factory.Due to fire he suffered a loss of rs,2 lakh and he gets the compensation for the same.The half burnt goods can be sold for Rs.30,000. Who has the right over it?Why? (3) 12) Justify the need for Business Process Outsourcing by giving any three points. (3) 13) Explain any three incentives offered by government to small-scale enterprises so that they can contribute in the development of overpopulated country like India. (3) 14) What is'Automatic vending machine'? Give two examples. (3) 15) Cadbury India Ltd.,a chocolate company launched a factory in Baddi, a small town of Himachal Pardesh. The workers who enter in factory have to wash their hands with sanitizer and wear overcoat,cap and shoes which are sterilized every day for which company spends Rs.3,00,000 per month. All employees working in factory wear gloves and are not allowed to touch directly either raw material or final product. All employees irrespective of post have to take food in mess at the same place and same food for this company. (a) mention the values involved in this question. (b) Differentiate Employment and profession. (4) 16) Name the enterprises which is the result of partnership between two companies. Why do two companies join together to work as one enterprise? Give three reason. (4) 17) Explain the meaning of e-Business. state its three benefits for the modern business. (4) 18) What is the meaning of GDR and ADR? Explain. (4) 19) Discuss the formalities involved in getting an getting an export licence. (4) 20) Shikha is a sole proprietor. Over the past decade,her business has grown from operating a neighbourhood corner shop selling accessories such as artificial jewellery,bags,hair clips and a nail polish to a retail chain with three branches in the city.Although she looks after the varied function in all the branches,she is wandering whether she should form a company to better manage the business. She also has plan to open branches countrywide. (a) Explain two benifits of remaining a sole proprietor. (b) Explain two benifits of converting to a joint stock company. (c) What role will her decision to go nationwide play in her choice of form of the organisation? (5) 21) 'Today businessmen are more conscious of their social responsibilities."Explain why,by giving only three reasons. (5) 22) Name the source of finance which is popularly known as self financing or ploughing back of profit.Also,write its two merits and two demerits to a company form of organisation. (5) 23) Imagine life without your local market. What difficulties would a consumer face if there is no retail shop? (5) 24) Explain briefly the stages in the formation of a public company. (6) 25) Write a detailed note on various telecom services available for enhancing business. (6) 26) The Directors of Shikha Ltd. have decided to modernise the plant and machinery at an estimated cost of Rs. one crore. But are in a fix whether to issue equity shares or debentures for this purpose.Asfinace manager of the company,advise the directors whether to issue equity shares or debentures in the interest of the company. (6) 27) Your firm is planing to import textile machinery from Canada.Describe the procedure involved in importing. (6)