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