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