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