CBSE Class 10 Element of Business Question Paper Set 02 Solved

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ELEMENTS OF BUSINESS

1. Minimum number of members in a Public Company.
 
(a) two                                        (b) four
 
(c) five                                        (d) seven
 
2. This is a feature of Multinational Company.
 
(a) Aggressive Marketing Strategies
 
(b) 51 percent of the paid up capital is held by the central government
 
(c) Government exercises control over the paid up share capital of the company
 
(d) Has a minimum of 2 and a maximum of 50 members
 
3. The company being an artificial person acts through its ____________________.
 
(a) Trustees                               (b) Board of Directors
 
(c) Supervisors                           (d) Underwriters
 
4. The Companies Act, _______ governs the activities of a company.
 
(a) 1912                                    (b) 1932
 
(c) 1956                                    (d) 1986
 
5. This is an example of Owned Capital.
 
(a) Debentures                          (b) Loans from Commercial Banks
 
(c) Equity Shares                       (d) Public Deposits
 
6. Where the funds are required for a period of less than one year.
 
(a) medium term                       (b) long term
 
(c) short term                            (d) internal funds
 
7. The deposits that are raised by organisations directly from the public.
 
(a) trade credit                          (b) public deposits
 
(c) preference shares                 (d) retained earnings
 
8. They receive their capital after the claims of the company’s creditors have been settled.
 
(a) Equity Shareholders              (b) Debenture holders
 
(c) Banks                                  (d) Preference Shareholders
                    OR
People who can become passionate about your business and may supply you with the funding you need.
 
(a) angel investors                    (a) entrepreneurs
 
(c) brokers                               (b) none of the above
 
9. Unsolicited or irrelevant messages sent over the internet.
 
(a) spam                                  (b) malware
 
(c) virus                                   (d) hacking
 
10. This is not a disadvantage of fax:
 
(a) They need constant maintenance
 
(b) They need a landline phone number
 
(c) Electronic storing space can become a problem.
 
(d) They cannot be moved easily
 
11. Sending a message through this costs the same regardless of distance and the number of people you send it to.
 
(a) e-mail                                (b) letter
 
(c)fax                                      (d) teleshopping
                            OR
This is not a feature of teleconferencing.
 
(a) Ability to keep a history of recordings.
 
(b) Ability to mute some or all participants
 
(c) Ability to have at least 50 people on a call
 
(d) Ability to attach files along with the message
 
12. Technology has changed this communication to include text messages and emails.
 
(a) Oral Communication               (b)Verbal Communication
 
(c) Written Communication           (d) Communication through Gestures
 
                                       OR
This is an advantage of e-mail.
 
(a) Anytime Conference                (b) Cheap
 
(c) Screen Sharing                       (d) Courtesy and Language
 
13. Under this method of purchase the ownership is transferred after the payment of last instalment.
 
(a) purchase on credit                  (b) purchase on cash
 
(c) hire purchase method             (d) instalment payment method
 
14. A customer can use this to spend up to an agreed credit limit and repay it, usually once a month on a particular payment date.
 
(a) Credit Card                           (b) Debit Card
 
(c) Instalment Payment               (d) None of these
                                    OR
A copy of this note, signed by the consignee, is returned to the consignor as a proof of delivery.
 
(a) Accounts Sales                     (b) Debit Note
 
(c) Delivery Note                        (d) Credit Note


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Are the solutions for CBSE Class 10 Element of Business Question Paper Set 02 Solved based on the official CBSE marking scheme?

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