CBSE Class 12 Business Studies Assertion and Reasoning Questions for Board Exams 2024, Download Free PDF

CBSE Class 12 Business Studies Assertion Reasoning Questions PDF: CBSE Class 12 Business Studies Board Exam 2024 will be conducted on March 27, 2024 from 10:30 AM to 1:30 PM. At this moment, students might be in need of study materials to improve their understanding of the chapters and uplift their preparation. As per the sample paper released by the board, Assertion-Reason questions are definitely going to be a part of the question paper. Since students often get confused by these questions and end up wasting a lot of their time during exams, practising Assertion-Reason questions becomes important for students. Here, we have brought to you a list of important Assertion Reasoning questions for upcoming board exams 2024. Students can be absolutely carefree while referring to these since the questions have been prepared in reference to the official documents released by the board on their official website. 

CBSE Class 12 Business Studies Assertion Reasoning Questions for Board Exam 2024

Check the CBSE Class 12 Business Studies important Assertion Reasoning questions for board exams 2024.

1. Read the following statements: Assertion (A) and Reason(R).

Choose the correct alternative from those given below:

ASSERTION (A): Management is concerned with efficient use of resources.

REASONING (R): For management both efficiency and effectiveness need to be balanced.

Alternatives:

a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).

b) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A)

c) Assertion (A) is true but Reason (R) is False

d) Assertion (A) is False but Reason (R) is True

Answer. b) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).

2. Read the following statements: Assertion (A) and Reason(R).

Choose the correct alternative from those given below:

(A) : The Supervisory Level performs the activities according to the plans of Top and Middle level management.

(R) : The Supervisory Level motivates the employees and boosts their morale.

(a) Both (A) and (R) are true and (R) is the correct explanation of (A)

(b) Both (A) and (R) are true but (R) is not the correct explanation of (A)

(c) (A) is true but (R) is false

(d) (A) is false but (R) is true

Answer. (b) Both (A) and (R) are true but (R) is not the correct explanation of (A)

3. A: Planning and controlling are interdependent and interlinked.

R: Planning provides the goals and objectives that the controlling function uses to measure performance.

(a) Both A and R are true, but R is not the correct explanation of A.

(b) Both A and R are true, and R is the correct explanation of A.

(c) A is true, but R is false.

(d) A is false, but R is true.

Answer. (b) Both A and R are true, and R is the correct explanation of A.

4. ASSERTION: controlling helps in making efficient use of resources

REASON: An efficient control system keeps a check on the changes taking place in the organisation and in the environment and helps to review and revise the standards in light of changes

Alternatives:

a) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).

b) Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A)

c) Assertion (A) is true but Reason (R) is False

d) Assertion (A) is False but Reason (R) is True

Answer. b)Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A)

5. Statement-I: The concept of product relates to not only the physical product but also the benefits offered by it from customer's point of view.

Statement-II: The concept of product does not include the extended product by way of after sale services, availability of spare parts, handling complaints etc.

Choose the correct option from the following:

(A) Both Statement-I and Statement-II are correct.

(B) Both Statement-I and Statement-II are incorrect.

(C) Statement-I is correct and Statement-II is incorrect

(D) Statement-I is incorrect and Statement-II is correct.

Answer. (A) Both Statement-I and Statement-II are correct.

6. Statement I: For products requiring long term storage like agricultural products, the warehouses are located near to the market.

Statement II: Higher the level of inventory, higher will be the level of service to customers but the cost of carrying the inventory will also be high.

Choose the correct option from the following:

a) Statement I is true and II is false

b) Statement II is true and I is false

c) Both the statements are true

d) Both the statements are false

Answer. b) Statement II is true and I is false

7. STATEMENT I: Electronic holdings can be converted into physical certificates with the process of dematerialisation.

STATEMENT II: There is no danger of theft, loss or forgery of share certificates in dematerialisation.

Choose the correct option from the following:

a) Statement I is true and II is false

b) Statement II is true and I is false

c) Both the statements are true

d) Both the statements are false

Answer. b) Statement II is true and I is false

8. Statement-I Transportation helps in creating time utility and warehousing helps in creating place utility

Statement-II The process of classification of products into different groups on the basis of their important characteristics is known as standardization.

Choose the correct option from the options given below:

a) Statement I is true and II is false

b) Statement II is true and I is false

c) Both the statements are true

d) Both the statements are false

Answer. d) Both the statements are false

9/. Statement I: Channel of distribution is important as goods are produced at one place and customers are scattered all over in the nook and corner of the country, so the producer needs to distribute the goods through middlemen.

Statement II: Physical movement of goods is transportation of goods from place of production to place of ultimate consumption.

Choose the correct option from the following:

(a) Statement I is true and II is false

(b) Statement II is true and I is false

(c) Both the statements are true

(d) Both the statements are false

Answer. (c) Both the statements are true

10. Given below are two statements marked as I and II respectively. Read both statements and choose the correct option.

I: Demutualisation refers to the legal structure of an exchange whereby the ownership, the management and the trading rights at the exchange are segregated from one another.

II: Demutualisation refers to the process by which a public share company converts into a mutual company.

Choose the correct option from the following:

(a) I is true and II is false

(b) II is true and I is false

(c) Both I and II are true

(d) Both I and II are false

Answer. (a) Statement I is true and II is false

How to Solve Class 12 Business Studies Assertion Reason Questions?

• Read the question carefully and be careful of the meaning it wants to impart
• Thoroughly read the options available 
• Cross-check the question in relevance with each option one by one
• Choose the most appropriate answer as per your understanding
• Revise the answer thoroughly after answering all the questions and make necessary corrections, if required

Important Resources for Preparation of CBSE Class 12 Business Studies Board Exam 2024