Elements of Business is emerging out as a popular subject among students these days. Many students opt for this additional/ vocational subject. For all such students, the CBSE Class 10 Elements of Business Question Paper 2020 provided by Jagran Josh can be extremely helpful to know the paper pattern and expected questions for the CBSE Board Exam 2021. This will definitely help them make a good preparation for their exam. The question paper is available here for free PDF download.
CBSE Class 10 Elements of Business Question Paper 2020:
1. A Public Limited Company must have at least ___________ members.
(A) Two
(B) Four
(C) Five
(D) Seven
2. Which of the following is not a source of ownership capital?
(A) Equity shares
(B) Preference shares
(C) Debentures
(D) Retained earnings
3. A company’s common seal is deemed to be its ___________.

(A) Trademark
(B) Logo
(C) Signature
(D) Signboard
4. A company’s shareholder is its ___________.
(A) Agent
(B) Manager
(C) Owner
(D) Creditor
5. External communication is required for establishing links with
(A) Employees
(B) Customers
(C) Owners
(D) Managers
6. In video-conferencing the participants:
(A) can see each other but cannot hear each other.
(B) can hear each other but cannot see each other.
(C) can hear and see each other. (D) can touch each other.
7. A multinational company is a company:
(A) which has members belonging to different countries.
(B) which exports to different countries.
(C) which imports goods from different countries.
(D) which has factories/offices in two or more than two countries.
8. Bata shoe shops are an example of __________.
(A) Multiple shops
(B) Departmental stores
(C) Speciality product shops
(D) Local market shops
9. Which of the following is an example of non-store retailing?
(A) Departmental store
(B) Super bazar
(C) Mall
(D) Sale through vending machine
10. In the case of no profit or insufficient profit, a company will not be bound to pay this:
(A) Salary to the employees
(B) Interest to shareholders
(C) Dividend to shareholders
(D) Commission to selling agents
Check CBSE Class 10 Complete Guide for Preparations of Board Exam 2021
11. In a credit sale:
(A) Payment is not made at the time of delivery, it is made later.
(B) Payment is not made by cash, it is made by cheque.
(C) Payment is not made by cash, it is made online.
(D) Payment is not made by cash, it is made by credit card.
12. Distribution of free samples is a technique of ___________.
(A) Advertisement
(B) Publicity
(C) Sales promotion
(D) Personal selling
13. The full form of e-mail is:
(A) Easy mail
(B) Electronic mail
(C) Economic mail
(D) Exclusive mail
14. In which of the following does the ownership right in goods dispatched remain with the seller?
(A) Cash sale
(B) Credit sale
(C) Sale on hire purchase basis
(D) Sale under instalment payment system
15. This document is sent by a customer to the seller:
(A) Invoice
(B) Purchase order
(C) Quotation
(D) Delivery note
16. Which of the following is not used for making payment?
(A) Cheque
(B) Debit card
(C) Credit card
(D) Pay-in-slip
17. What is meant by limited liability of members in a public company limited by shares?
OR
What is meant by a government company? State any two characteristics of such a company.
18. Give any three points of difference between hire purchase method and sale under instalment payment system.
19. State any three advantages of using letters as a means of communication in business.
20. What is teleshopping?
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Also Check: CBSE Class 10 Question Papers of Board Exam 2020 - All Subjects