CBSE Class 12 Business Studies Important Questions for Board Exam 2024: ALL Chapters PDF Download

CBSE Class 12 Business Studies Important Questions for Board Exam 2024: CBSE Class 12 Business Studies Board Exam 2024 is scheduled for March 27, 2024 from 10:30 AM to 1:30 PM. Students have a sufficient 3 hours time to complete the paper and revise their answer sheets. To score good, students will need good and reliable study materials to boost their performance. Here, we have provided you with the same. Check the Important Questions for CBSE Class 12 Business Studies Exam 2024 to get a hang of the types of questions that can be asked in the boards. The list of important questions has been specially curated after a thorough analysis of the previous year's question papers, sample papers, previous trends, and marks weightage laid down by the board. Here, you can check the list of important questions for CBSE Class 12 Business Studies on the basis of marks-wise categorization. 

Important Questions for CBSE Class 12 Business Studies Board Exam 2024

Find the marks-wise important questions for CBSE Class 12 Business Studies board exam 2024 below. 

Important MCQs for Class 12 Business Studies Board Exam 2024

1. A bottle of Anti- dandruff shampoo mentions ' Clean your hair and get rid of dandruff in one squeeze'. The product related decision involved is

a) Branding

b) Product quality

c) Packaging

d) Labelling

Answer. d) Labelling

2. SEBI calls for information and issues a show cause notice to stock exchange and its officials seeking explanation and conducting audit and enquiry. Which function is SEBI performing?

a) Regulatory function

b) Development function

c) Protective function

d) Both a) and c)

Answer. a) Regulatory function

3. The allocative function of Financial market helps in ________

a) Bringing transparency in trading procedure

b) Earning higher rate of return to household sector

c) Better functioning of depository

d) Determining the prices of securities

Answer. b) Earning higher rate of return to household sector

4. Some employees have been assigned the job of measuring the output in an objective and reliable way. They are applying different techniques for achieving this aim. Some of these are personal-observation, sample-checking etc. They are also keeping the units of measurement same as that of the units in the standards.

Name the step of ‘Controlling process applicable in the above paragraph.

a) Analysing deviations

b) Comparing actual performance with standards.

c) Establishing standards.

d) Measurement of actual performance

Answer. d) Measurement of actual performance

5. 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

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Important 3 Mark Questions for Class 12 Business Studies Board Exam 2024

1. Enumerate any three advantages of Management by Exception which is used by manager in analysing deviations.
2. State any three functions of Stock Exchange. 
3. Resolutions Pvt. Ltd. is a publishing company. Its book on Business Studies for class XII is in great demand. As a result, the employees in the marketing department are always racing against time as they have to work overtime and on holidays as well to cater to the demand. The work stress has led to dissatisfaction among the employees of the marketing department.
4. Name and explain the step of staffing process which has not been performed properly.
5. Also, explain the immediate next step in the process of staffing. 
6. Mrs. Ahilya Pasi is the Principal of a prestigious school in New Delhi. The school has a vacancy of a headmistress/headmaster of the junior wing of the school. The senior teachers of the school have the opinion that only internal candidates should be considered for this post. However, Mrs. Pasi and the management would like to invite applications from external sources too. Briefly explain any three justifications the management can provide to convince the staff for inviting applications of external candidates for the vacant post. 
7. Explain “Critical point control” with respect to Analyzing deviations, a step in the process of controlling. Give a suitable example.

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Important 4 Mark Questions for Class 12 Business Studies Board Exam 2024

1. Explain the following features of Directing

2 a) Directing initiates action

b) Directing is a continuous process

3. State any four commonly used sources of recruiting employees from outside the organisation.

4. Mr. Akshay, a 20 year old college student purchased a book online from XYZ Pvt Ltd and when it was delivered, he noticed that there was no MRP mentioned on it. He browsed the internet and found that the book was sold at different prices in different places. He filed a case in District forum against the publisher. The court held in favour of Akshay and awarded a compensation of ₹10,000.

5 a) Identify and state the consumer right violated in the above case.

b) Name and explain the right exercised by Mr. Akshay.

6. Dhaval Acharya, after acquiring a bachelor’s degree in Hotel Management joined his father’s chain of vegetarian restaurants in Ahmednagar. Being young and enterprising, he suggested his father to add a new section of vegetarian bakery items which required an investment of ₹ 5 crores. His father Mr. Aariketh Acharya suggested him to take the decision with caution and understood everything comprehensively as bad decision may damage the financial fortune of business.

 Identify the decision suggested by Mr. Aariketh Acharya. State by giving any three reasons as to why he must have advised his son to take decision with caution.

7. Identify and state the various elements of communication highlighted in the following cases:

(i) Department 'A' has sent an encoded message to department 'B' through internet. What is the role of internet here?

(ii) Madhur is making gestures so that he can send a message to Ranbhir. What is Madhur doing here?

(iii) Ranbhir is trying to understand the message sent by Madhur by reading his gestures. What is Ranbhir doing here?

(iv) Kamesh picks up his phone and finds a message on it. He reads the message carefully. What is the role of Kamesh here?

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Important 6 Mark Questions for Class 12 Business Studies Board Exam 2024

1) Explain any two principles of Fayol from the following:

a) Discipline

b) Order

c) Initiative

Differentiate between contributions made by F.W.Taylor and Henry Fayol on any three basis.

2. Explain how planning:

a) Reduces overlapping and wasteful activities

b) Establishes standards for controlling

c) Facilitates decision making

3. Diligent developers, a website design company in Bangalore is a startup initiative of Mr. Maniraj which aims at achieving a profit margin of 10% in its first year. Mr. Maniraj appointed Mr. Advait as the Digital marketing Head, Mr. Kiyansh as the head of Backend department and Mr. Nirved headed the Graphics Designing Department. Since each head was specialised in specific skills, it resulted in increased efficiency and better coordination.

However, problems arose when Mr. Advait started considering group objectives superior to organisational objectives and stopped exchanging information with Mr. Kiyansh and Mr. Nirved. The company had to bear the brunt of lack of coordination and was unable to achieve its objectives.

a) Identify and state the organisational structure adopted by the company.

b) State two benefits and two limitations of the identified structure highlighted in the above case.

4. Read the statements given in point 1 and 2, answer the questions that follow:

i) Tea is produced in Assam but is carried to customers not only in this state but also in other parts of the country. 

a) Identify and explain the function of marketing that enables the marketer to achieve its goals.

b) Enumerate any two factors that marketer should take into consideration in order to analyse the identified needs.

ii) Paddy is grown during summer season but its demand and sale takes place throughout the year.

a) Name and state the function of marketing which should be undertaken to reduce the gap between production and consumption of Paddy.

b) State by giving two reasons as to why proper discharge of this function is important.

5. Explain the steps that are required to be performed by a manager before evaluating all possible courses of action in planning process.

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Important Assertion Reasoning Questions for Class 12 Business Studies Board Exam 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.

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