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