CBSE Academic Class X Elements of Business Sample Question Paper 2021-22

Name of the Board : Central Board of Secondary Education (CBSE)
Class : X STD
Document Type : Sample Question Paper
Subject : Elements of Business
Term : 1 and 2
Year : 2021-22
Website : https://cbseacademic.nic.in/SQP_CLASSX_2021-22.html

CBSE X Elements of Business Question Paper

CBSE Students can download the Elements of Business Sample Question Paper Term 1 and 2 for the year 2021-22 from the website of CBSE Academic.

Related/Similar Question Paper: CBSE Academic Class X French Sample Question Paper 2021-22

Sample Question Paper For CBSE X Elements of Business

Section A :
1. Under ………. category of shares, dividend is paid to shareholders on the basis of earnings of the company.
(a) Equity Shares
(b) Preference shares
(c) Debt bond
(d) Commercial paper

2. …………..is the minimum number of directors required in a private company.
(a) 3
(b) 4
(c) 2
(d) 5

3. Which company restricts the right of members to transfer its shares?
(a) Private Company
(b) Public Company
(c) Joint Stock company
(d) Cooperative society

4. Which of the following funds can be classified under ownership basis?
(a) Short term funds
(b) Borrowed funds
(c) Long-term funds
(d) medium term funds

5. ………………. is a written, typed or printed way of communicating messages which is sent through an envelope by post or messenger.
(a) Telephone
(b) Letters
(c) E – mail
(d) Video conferencing

6. Which source of fund does not involve any explicit cost in the form of interest, dividend or floatation cost?
(a) Trade Credit
(b) Retained Earnings
(c) Factoring
(d) Public Deposit

7. Which method is used for sending messages form one computer recipient to one or more recipients through electronic means?
(a) Video conferencing
(b) Letter
(c) E – mails
(d) Telephone

8. …………… is a source of funds categorized under borrowed funds.
(a) Equity Shares
(b) Debentures
(c) Retained earnings
(d) Preference shares

9. How many minimum members are required in a public company?
(a) 8
(b) 5
(c) 4
(d) 7

10. Identify amongst the following the correct advantage of video conferencing.
(a) It helps in saving time
(b) It can’t be done without having an internet access
(c) Network instability
(d) Video lag or technical issues

11. …………… source of finance is preferred by investors who want fixed income at lesser risk
(a) Debentures
(b) commercial paper
(c)Public Deposits
(d) lease Financing

12. …………….are the funds that are raised to loans or borrowings.
(a) Short-term funds
(b) Owners funds
(c) long-term funds
(d) Borrowed funds

13. Identify the correct disadvantage of e – mail of the points specified below.
(a) It can be source of various spams
(b) emails can be sent 24 hours , 365 days at any time
(c) It can be sent through one computer recipient to one or several other users at the same time
(d) It acts much faster than the traditional post

14. Name the company that does not require index of members.
(a) Public company
(b) Private company
(c) Joint Stock company
(d) Cooperative society

15. …………..is an electrical system of communication which is used to talk directly to someone by dialing a number on a piece of equipment.
(a) Telephone
(b) E – mail
(c) Letter
(d) Video conferencing

16. Which source of finance is also known as ploughing back of profits?
(a) Lease financing
(b) Commercial paper
(c) Equity Shares
(d) Retained Earnings

17. ………… source of finance can be classified as owned funds.
(a) Equity Shares
(b) Debentures
(c) Commercial Paper
(d) Public Deposits

18. Identify the correct disadvantage of telephone of the points specified below.
(a) A phone call can reach any location.
(b) It breaks the barrier of physical appearance.
(c) Easy to handle and use.
(d) Voice can’t come clear because of network problem.

19. ……………is a source of finance that may take control of the assets as a part of the loan agreement.
(a) Commercial paper
(b) Central Bank
(c) Financial Institution
(d) Trade Credit

20. Which of the following is an association of persons formed for carrying out business activities and has a legal status independent of its members?
(a) Joint Stock company
(b) Private company
(c) Public company
(d) Cooperative society

21. Name the company under which company index of members is compulsory.
(a) Public Company
(b) Private company
(c) Joint Stock Company
(d) Hindu undivided family

22. …………..company can start business as soon as it receives the certificate of incorporation.
(a) Joint stock
(b) Private Company
(c) Public Company
(d) Cooperative society

23. The process of converting the message into communication symbols is known as:
(a) Feedback
(b) Decoding
(c) Media
(d) Encoding

24. Which of the following methods of communication requires an access to internet?
(a) Letter
(b) E – mail
(c) Telephone
(d) Newspaper

25. Identify the correct advantage of letter of the points specified below
(a) Lack of instantaneous feedback
(b) It may cost more in terms of time and money
(c) Improves communications
(d) Too much paper work is involved

26. ………….. are also known as ‘residual owners’
(a) Preference shareholders
(b) Equity shareholders
(c) Commercial paper
(d) Debentures holders

27. Assertion (A): There is no maximum limit on the number of members in a public company. Reason (R): There is a maximum limit 300 members in a private company.
(a) Both (A) and (R) are correct.
(b) Both (A) and (R) are incorrect.
(c) (A) is correct but (R) is incorrect.
(d) (A) is incorrect but (R) is correct.

28. …………source of finance can prove to be an advantage for organizations by treating interest as tax deductible.
(a) Debentures
(b) Commercial paper
(c) Lease financing
(d) Trade credit

29. The capital obtained by issue of shares is knows as:
(a) Share capital
(b) Borrowed capital
(c) Working capital
(d) Operating capital

30. Assertion (A): Banks provide timely assistance to business by providing funds as and when required. Reason (R): Secrecy of business is not maintained as the information supplied to the bank byborrowers is not kept confidential.
(a) Both (A) and (R) are correct.
(b) Both (A) and (R) are incorrect.
(c) (A) is correct but (R) is incorrect
(d) (A) is incorrect but (R) is correct.

31. Name the company that does not invite public to subscribe to its securities
(a) Public company
(b) Private company
(c) Joint stock company
(d) Cooperative society

32. Which of the following is an example of written communication?
(a) Video conferencing
(b) Letter
(c) Telephone
(d) E – mail

33. Assertion (A): Debenture holders are also known as the owners of the company. Reason (R): A company which raises funds through the issue of debentures bears a fixed rate of interest.
(a) Both (A) and (R) are correct.
(b) Both (A) and (R) are incorrect.
(c) (A) is correct but (R) is incorrect.
(d) (A) is incorrect but (R) is correct.

34. Under which communication method virus can easily spread through electronic means from one computer user to another?
(a) Letter
(b) E – mail
(c) Video conferencing
(d) Telephone

Download CBSE X Elements of Business Question Paper

Download CBSE X Elements of Business Term 1 Question Paper Here :
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Download CBSE X Elements of Business Term 2 Question Paper Here :
https://www.pdfquestion.in/uploads/pdf2022/40362-Term2.pdf