PES JS 2 Business Studies (Objective) 2nd Term Exam 2025/2026
  • 1. What does punctuality mean?
A) Being late
B) Arriving on time
C) Ignoring time
D) Leaving early
  • 2. Why is punctuality important?
A) To show disrespect
B) To waste time
C) To be late
D) To be respectful and efficient
  • 3. Regularity means ____________.
A) Sometimes attending
B) Doing things consistently
C) Doing thing irregularly
D) Never attending
  • 4. Reward is given for ____________.
A) Bad behavior
B) Ignoring rules
C) Being late
D) Good performance
  • 5. Punishment is for _____________.
A) Ignoring behavior
B) Praising everyone
C) Discouraging bad behavior
D) EnCouraging good behavior
  • 6. What does devotion to duty mean ?
A) Doing whatever
B) Ignoring responsibilities
C) Avoiding work
D) Committing to task or responsibilities
  • 7. Attributes of devoted people include ___________.
A) Laziness
B) Irregularity
C) Disrespect
D) Diligence and responsibility
  • 8. Devotion to duty lead for _____________.
A) No impacts
B) Success and trust
C) Isolation
D) Failure
  • 9. Effects of devotion include __________.
A) Increased respect and achievement
B) More stress always
C) Reduced workload
D) Less responsibility
  • 10. What does devotion to duty mean?
A) Ignoring responsibilities
B) Doing whatever
C) Avoiding work
D) Committing to task or responsibilities
  • 11. What is trade?
A) Giving away goods
B) Producing only
C) Buying and selling goods /services
D) Ignoring goods
  • 12. Why is trade important?
A) Increases choices and economic growth
B) No impact
C) Reduces choice
D) Harms economy
  • 13. Forms of trade include________.
A) No trade
B) Online trade
C) Local trade only
D) Local and international trade
  • 14. International trade involves___________.
A) Local markets only
B) Trading between countries
C) Trading within country
D) No trading
  • 15. What is a market?
A) A non existent place
B) A place to buy and sell goods/services
C) A place to produce goods
D) A place to ignore trade
  • 16. Features of a market include_________.
A) No buyer
B) Only sellers
C) No goods
D) Buyers and sellers interacting
  • 17. There are ___________ types of markets
A) 2
B) 3
C) 1
D) 4
  • 18. ___________ is a market that ideas with tangible goods
A) Money market
B) Commodity market
C) Services market
D) Food market
  • 19. ___________ ideas with long term funds.
A) Money
B) Services
C) Capital
D) Commodity
  • 20. Money market deals with____________
A) Commodities only
B) Short term financial instrument
C) No transaction
D) Long term funds
  • 21. Careers in finance include_________.
A) No career
B) Teaching only
C) Farming only
D) Banking, investing, insurance
  • 22. Importance of capital markets to business:
A) No impact
B) Limit expansion
C) Decrease investment
D) Raise fund for growth
  • 23. Capital markets help business to __________.
A) Ignore funding
B) Reduce funding
C) Get short term funds only
D) Get long term funds for expansion
  • 24. Buying by cash means ___________.
A) Credit only
B) No payment
C) Paying later
D) Paying immediately
  • 25. Buying on credit means __________.
A) Paying now
B) Paying later
C) Cash only
D) No payment
  • 26. Cost of sales includes__________.
A) Selling price only
B) No cost
C) Only profit
D) Expenses in selking
  • 27. Mark-- up is ___________.
A) Increase in price for profit
B) No change
C) Decrease in price
D) Loss
  • 28. Profit is calculated as
A) Net profit + expenses
B) Expenses-- loss
C) Revenue -- expenses
D) No calculation
  • 29. If revenue is #100, expense #70, profit is _______
A) #30
B) #100
C) #70
D) #170
  • 30. Why is profit important?
A) To close business
B) To decease business
C) For growth and survival
D) No use
  • 31. Profit helps business to ________.
A) Stay the same
B) Expand and invest
C) Close down
D) Shrink
  • 32. A business with high profit can ________.
A) Reinvest and grow
B) No invesd
C) Close money
D) Lose money
  • 33. What happens if a business make a lose?
A) It may shrink or close
B) Noting changes
C) Profit increase s
D) It expands
  • 34. Profit motive means businesses aim to___________.
A) Ignore money
B) Make losses
C) Stay broke
D) Make profit
  • 35. Buying buy cash gives _________.
A) More debt
B) Immediate ownership
C) No ownership
D) Credit only
  • 36. Cost of sales includes__________.
A) Cost of goods sold + expenses
B) Profit only
C) No cost
D) Only rent
  • 37. If cost price is #50 , mark--up is 2%, selling profit is __________.
A) #40
B) #60
C) #50
D) # 70
  • 38. High turnover means _________ .
A) No sales
B) High sales volume
C) Low sales
D) Losses
  • 39. Mark--up of 25% on #2000 cost price means selling price is___________.
A) #225
B) #150
C) #200
D) #250
  • 40. Money market instruments include _________.
A) Real estate
B) Stocks
C) Commodities
D) Treasury bill, commercial paper
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