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PES JS 2 Business Studies (Objective) 2nd Term Exam 2025/2026
Contributed by: School
  • 1. What does punctuality mean?
A) Arriving on time
B) Ignoring time
C) Leaving early
D) Being late
  • 2. Why is punctuality important?
A) To be respectful and efficient
B) To waste time
C) To be late
D) To show disrespect
  • 3. Regularity means ____________.
A) Never attending
B) Doing things consistently
C) Doing thing irregularly
D) Sometimes attending
  • 4. Reward is given for ____________.
A) Good performance
B) Ignoring rules
C) Bad behavior
D) Being late
  • 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) Committing to task or responsibilities
B) Doing whatever
C) Ignoring responsibilities
D) Avoiding work
  • 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) No impacts
C) Isolation
D) Success and trust
  • 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) Doing whatever
B) Avoiding work
C) Committing to task or responsibilities
D) Ignoring responsibilities
  • 11. What is trade?
A) Giving away goods
B) Buying and selling goods /services
C) Producing only
D) Ignoring 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) No trade
B) Online trade
C) Local trade only
D) Local and international trade
  • 14. International trade involves___________.
A) Trading within country
B) Trading between countries
C) Local markets only
D) No trading
  • 15. What is a market?
A) A non existent place
B) A place to buy and sell goods/services
C) A place to produce goods
D) A place to ignore trade
  • 16. Features of a market include_________.
A) Buyers and sellers interacting
B) No buyer
C) Only sellers
D) No goods
  • 17. There are ___________ types of markets
A) 2
B) 1
C) 4
D) 3
  • 18. ___________ is a market that ideas with tangible goods
A) Services market
B) Food market
C) Commodity market
D) Money market
  • 19. ___________ ideas with long term funds.
A) Services
B) Capital
C) Money
D) Commodity
  • 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) No career
B) Teaching only
C) Banking, investing, insurance
D) Farming only
  • 22. Importance of capital markets to business:
A) No impact
B) Limit expansion
C) Raise fund for growth
D) Decrease investment
  • 23. Capital markets help business to __________.
A) Get short term funds only
B) Reduce funding
C) Ignore funding
D) Get long term funds for expansion
  • 24. Buying by cash means ___________.
A) Paying later
B) Credit only
C) No payment
D) Paying immediately
  • 25. Buying on credit means __________.
A) Paying later
B) Paying now
C) No payment
D) Cash only
  • 26. Cost of sales includes__________.
A) Expenses in selking
B) Selling price only
C) Only profit
D) No cost
  • 27. Mark-- up is ___________.
A) No change
B) Loss
C) Decrease in price
D) Increase in price for profit
  • 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) For growth and survival
C) No use
D) To decease business
  • 31. Profit helps business to ________.
A) Expand and invest
B) Shrink
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) Profit increase s
B) It may shrink or close
C) Noting changes
D) It expands
  • 34. Profit motive means businesses aim to___________.
A) Stay broke
B) Make losses
C) Make profit
D) Ignore money
  • 35. Buying buy cash gives _________.
A) More debt
B) Immediate ownership
C) No ownership
D) Credit only
  • 36. Cost of sales includes__________.
A) No cost
B) Profit only
C) Only rent
D) Cost of goods sold + expenses
  • 37. If cost price is #50 , mark--up is 2%, selling profit is __________.
A) #40
B) # 70
C) #50
D) #60
  • 38. High turnover means _________ .
A) Losses
B) Low sales
C) High sales volume
D) No sales
  • 39. Mark--up of 25% on #2000 cost price means selling price is___________.
A) #250
B) #225
C) #150
D) #200
  • 40. Money market instruments include _________.
A) Treasury bill, commercial paper
B) Stocks
C) Commodities
D) Real estate
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