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