The anxiety level has started to increase among students as the exam dates are coming closer. At this time the students can easily revise every subject and can clear all the doubts. The UP Board exams have been scheduled to begin from February 18, 2020.

The preparations for the UP Board exam are getting more serious as the exam dates are coming closer.

The Business Organisation is one of the most important subjects for class 12th students of UP.
Here are some questions for Business Organisation that will help you score better in the subject.


Question 1: Fill in the blanks.
________ is a file or catalog consisting of cards on which information has been entered so that desired items or data can be readily found.
A) Card Indexing
B) Text Indexing
C) Number Indexing
D) System Indexing
Answer: A)

Question 2: What are the components of Business Organisation?
A) Teacher, Professor and Dean University.
B) Management, Structure, Human Resource and Competitors.
C) Wrestlers, Boxer and Police officials.
D) Auto rickshaw, Train and Aeroplane. 
Answer: B)

Question 3: What do you mean by Capital Market?
A) A financial market in which long-term debt (over a year) or equity-backed securities are bought and sold.
B) Place of business where professional or clerical duties are performed.
C) A register is maintained to keep a record of all outward letters.
D) Place of business where professional or clerical duties are performed.
Answer: A)


Question 4: Define Entrepreneur
A) An individual who, rather than working as an employee, founds and runs a small business.
B) A person who is contractually bound to a worker.
C) An individual who was hired by an employer to do a specific job.
D) An individual who works part-time or full-time under a contract of employment. 
Answer: A


Question 5: Fill in the blanks.
National Stock Exchange (NSE) was set up on _______.
A) November 27, 1962
B) November 27, 1982
C) November 27, 1992
D) November 18, 1992
Answer: C)


Question 6: What is Dunning Letter?
A) A dunning letter is a notification sent to a student, stating that the customer is overdue in paying an account receivable to the sender.
B) A dunning letter is a notification sent to a customer, stating that the customer is overdue in paying an account receivable to the sender.
C) A dunning letter is a notification sent to a lover, stating that the customer is overdue in paying an account receivable to the sender.
D) A dunning letter is a notification sent to a  teacher, stating that the customer is overdue in paying an account receivable to the sender.
Answer: B)


Question 7: What do you mean by the Chamber of Commerce?
A) A chamber of commerce (or board of trade) is a form of business network, for example, a local organization of businesses whose goal is to further the interests of businesses.
B) A chamber of commerce is a group of students in a school. 
A machine used to stamp an official mark on a letter or parcel to indicate that postage has been paid or does not need to be paid.
B) An agreement which is made with a view to improving the profit.
C) Group of two or more companies.
Answer: C)


Question 8: Fill in the blanks.
________ is a file or catalog consisting of cards on which information has been entered so that desired items or data can be readily found.
A) Card Indexing
B) Text Indexing
C) Number Indexing
D) System Indexing
Answer: A)


Question 9: State the methods of creating demand in foreign countries.
Elaborate the following according to the marks.

a) Advertisement
b) Foreign Tours 
c) Enquiries 
d) Travel Agents
e) Foreign commission agents
f) overseas branches
g) Joint venture abroad


Question 10: Discuss the methods of payment in foreign trade. 
Elaborate the following according to the marks.

a) Documentary Bills
b) Bill on Bank 
c) Cash against documents (C/D)
d) Foreign Bank Draft 
e) Telegraphic Transfer (T.T.)