11 BST Holiday Assignment 2024 25

DPS-MODERN INDIAN SCHOOL, DOHA, QATAR
CLASS XI (2024-25)
SUBJECT: BUSINESS STUDIES
Holidays Assignment
Date of submission- 1st September 2024
LEVEL 1
1. Which among the following is not a characteristic of a business activity:
a) Production or procurement of goods and services.
b) Sale or exchange of goods and services.
c) Donation of a percentage of profit for charity.
d) Uncertainty of returns.
2. Due to which characteristic of business there is always a possibility of losses being

incurred, despite the best efforts put into the business:
a) Uncertainty of returns
b) Production or procurement of goods and services.
c) Economic activity
d) Profit earning.
3. How many types of risk does a business enterprise get exposed to :

a) One.
b) Two
c) Three
d) Four
4. Business Risk generated out of carelessness or negligence of employees would

emerge due to which of the following cause:
a) Natural cause.
b) Human Cause.
c) Economic cause
d) Other cause.
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5. Changes in market conditions, changes in price or changes in fashion and tastes of
customers refers to which type of risk?
a) Pure risk.
b) High Risk.
c) Low Risk.
d) Speculative Risk.
6. Which hindrance of trade is removed by the activity shown in image given below:
7. Identify the aid to trade shown in the below given picture:
8. Which type of requirement of the business is met by the organization

shown in the picture given below:
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9. Give the name of the remaining auxiliary to trade missing in the picture:
10.Identify the type of Internal trade in the given image:
11. Name the business organization which has a legal status independent of its
members.
a) HUF b) Sole proprietorship c) Joint Stock Co. d) Cooperative
Societies
12.Who undertakes the management & control of the affairs of the company on
behalf of its owners?
a) Board of Directors b) Departmental Heads c) Managing Directors
d) Vice president
13.Find out the liability of Kavita in a company. Who is a shareholder, holding

3,000 shares of Rs. 10 each? She has already paid Rs. 6 per share.
a) Rs 10,000 b) Rs. 1, 20,000 c) Rs 18,000 d) Rs. 12000
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14.The directors take all decisions on behalf of the shareholders, keeping in
mind their own benefit. Identify the demerit stated above.
a) Delay in decision making b) numerous regulations
c) Lack of secrecy d) oligarchic management
15.Which form of organization is suitable if direct control over operations &

absolute decision making power is required in business?
a) Joint Stock Co. b) cooperative society c) Sole proprietorship d) HUF
16.Match the following business organization with their limitations.

(a) Partnership 1 Government control
(b) Joint Hindu family 2 Possibility of conflicts
(c) Cooperative society 3 Limited resources
(d) Sole Proprietorship 4 Unlimited liability of Karta
17.Match the following forms the business organisation with their suitable
example.
(a) Sole Proprietorship 1 Jassus & Siya Book
Store
(b) Cooperative society 2 Sharma General
Store
(c) Private Company 3 Idea
(d) Partnership 4 Amul milk union ltd.
LEVEL 2
18.Define the following-
(a) Business
(b) Profession
(c) Employment
(d) Industry
(e) Commerce
(f) Banking
(g) Insurance
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19.List the characteristics of the following-
(a) Sole proprietorship
(b) Partnership
(c) HUF
(d) Cooperative society
(e) Company
(f) Important documents required in the formation of a Company
LEVEL 3
20.Distinguish between the following-
(a) Business, profession and employment
(b) Different type of partnership
(c) Different type of partners
(d) Different types of cooperative societies
(e) Private company and public company
(f) Different type of banking accounts
(g) Different forms of business organizations
(h) Different types of Insurance
(i) e-Business and traditional business
(j) life insurance and general insurance
(k) industry, commerce and trade
22. Which document in the formation of a Company is known as the birth

certificate of the company? Why?
23. The bank issues a financial document with the help of which money can be
sent from one place to another. Identify this instrument and explain it.
24. Shreya is going for a startup business and has plans to go global. She has very
limited capital. She is confused as to if she has to choose traditional business over
e-Business. Suggest a suitable one for her with valid points.
25. Is it obligatory for a company to file its prospectus to the registrar of the
company? Clarify.
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DPS-MODERN INDIAN SCHOOL, DOHA, QATAR

2. Due to which characteristic of business there is always a possibility of losses being

3. How many types of risk does a business enterprise get exposed to :

4. Business Risk generated out of carelessness or negligence of employees would

7. Identify the aid to trade shown in the below given picture:

8. Which type of requirement of the business is met by the organization

10.Identify the type of Internal trade in the given image:

13.Find out the liability of Kavita in a company. Who is a shareholder, holding

15.Which form of organization is suitable if direct control over operations &

16.Match the following business organization with their limitations.

22. Which document in the formation of a Company is known as the birth

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