HBSE Class 11 Business Studies Half Yearly Question Paper 2023 Answer Key

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HBSE Class 11 Business Studies Half Yearly Question Paper 2023 Answer Key

Instructions :
• All questions are compulsory.
• Questions (1-15) carry 1 mark each.
• Questions (16-18) carry 2 marks each.
• Questions (19-21) carry 3 marks each.
• Questions (22-23) carry 5 marks each.

1. Which of the following is necessary for a profession?
(a) Specialized Knowledge
(b) Capital
(c) Appointrnent Letter
(d) None of above
Answer – (a) Specialized Knowledge

2. India purchased petroleum from Iran. What type of trade will it be termed as for Iran?
(a) Import
(b) Export
(c) Local Trade
(d) National Trade
Answer – (b) Export

3. Which amongst the following creates form utility?
(a) Industry
(b) Commerce
(c) Trade
(d) None of these
Answer – (d) None of these

4. Business risk does not arise due to ………..?
(a) Change in government policy
(b) Good Government
(c) Dishonesty of employers
(d) Increase in competition
Answer – (b) Good Government

5. Which statement is not true in reference to a minor partner?
(a) Owns the right to inspect the books
(b) Partner in profits only
(c) Has option to remain in partnership even after attaining majority
(d) bears losses also
Answer – (c) Has option to remain in partnership even after attaining majority

6. Which of the following element is present in case of Life Insurance?
(a) Security
(b) Investment
(c) Both (a) and (b)
(d) Profit
Answer – (c) Both (a) and (b)

7. Which of the following has larger number of branches across India?
(a) ICICI
(b) SBI
(c) Insurance Companies
(d) Post Office
Answer – (d) Post Office

8. Which of the following doesn’t come under e-banking?
(a) ATM
(b) Electronic Funds Transfer
(c) Debit Card
(d) Bank Overdraft
Answer – (d) Bank Overdraft

9. ………….. is a form of business organization.
(a) Private Sector
(b) Public Sector
(c) Mixed Sector
(d) All of the above
Answer – (a) Private Sector

10. Which of the following does not come under the category of auxiliaries to trade?
(a) Mining
(b) Insurance
(c) Transportation
(d) Warehousing
Answer – (a) Mining

11. Depreciation of machines is human cause of business risk? (True / False)
Answer – False

12. The existence of company is separate from its member. (True / False)
Answer – True

13. Employment is a non-economic activity. (True / False)
Answer – False

14. Trading in the goods of daily is comparatively ………… risky. (High / Low)
Answer – Low

15. In Hindu Undivided Family, the liability of members is …………. (Limited / Unlimited)
Answer – Limited

16.