| Board | Central Board of Secondary Education [CBSE] |
| Class | 10th / X |
| Download | Sample Question Paper 2024-25 |
| Subject | Elements of Business |
| Document Type | |
| Official Website | http://cbseacademic.nic.in/ |
CBSE Class X Elements of Business Sample Question Paper
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CBSE Class X Elements of Business Sample Questions
1. Name the method of communication which is used where face to face communication is difficult and can be delivered to the receiver through post offices or private couriers?
A. Email
B. Telephone
C. Letter
D. Video conferencing
2. Out of the following which source of finance is included in the category of owner’s funds?
A. Debentures
B. Equity shares
C. Bank Loan
D. Public Deposits
3. Under which system, the seller has the right to repossess the goods in case of default in payment?
A. Hire purchase
B. Credit sale
C. Installment payment
D. Cash sale
4. Identify the mode of receiving payment which is not appropriate in mail order business?
A. Full advance payment
B. Value payable post
C. Delivery through a bank
D. Payment on credit terms
5. _________ type of large scale retail trade offers a large variety of goods and satisfies all the needs of customers under one roof.
A. Discount store
B. Departmental store
C. Multiple shops
D. Convenience stores
6. Read the following statements carefully:
Statement I: In auction sale, the goods are displayed and there is a reserve price below which goods are not to be sold.
Statement II: Goods delivered to the buyer ‘on approval’ basis are always paid for in advance.
In the light of given statements, choose the correct alternative from the following:
A. Both the statements are true.
B. Both the statements are false.
C. Statement I is true, Statement II is false.
D. Statement II is true, Statement I is false
7. _________ is the subject matter of communication which may contain facts, ideas, feelings or thoughts.
A. Feedback
B. Sender
C. Receiver
D. Message
OR
_________ is not an email service provider.
A. Gmail
B. Zoho
C. Outlook
D. Bing
8. _________ is the type of retail trade in which coin operated machines are used for selling products like hot beverages, tickets, milk, soft drinks, chocolates etc.
A. Departmental store
B. Multiple shops
C. Automated vending machines
D. Mail order houses
9. Choose the incorrect statement about departmental stores.
A. They cater to the needs of rich people who care more for the services rather than prices
B. There is no uniformity in decoration and each store is different from other departmental stores
C. They do not provide credit facilities
D. They make extensive use of advertising, window displays to people
10. Trading of goods through mail order houses is not suitable for
A. Goods that can be graded and standardized
B. Goods that can be easily transported at low cost
C. Goods that have ready demand in the market
D. Goods that are perishable and bulky in nature
11.________ is the portion of net earnings which may be reserved in the business for use in future.
A. Interest
B. Retained Earnings
C. Dividend
D. Debit balance of profit & loss account
OR
_________ is the source of finance which is issued by the company and its holders are entitled to receive interest but do not have the right to vote.
A. Debentures
B. Equity shares
C. Bank loan
D. Trade credit
12. Read the following statements: Assertion (A) and Reason (R). Choose the correct alternative from those given below:
Assertion (A): Board of Directors of a company exercise full control over the business.
Reason (R): Board of Directors are the owners of the company. Alternatives:
A. Assertion (A) is true but Reason (R) is false.
B. Assertion (A) is false but Reason (R) is true.
C. Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of the Assertion
D. Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of the Assertion.
13. Out of the following choose a short-term source of finance.
A. Trade credit
B. Equity shares
C. Public deposits
D. Debentures
14. Rashika sells only school uniforms in her shop. Name the type of retailer she can be called.
A. General Store
B. Departmental Store
C. Multiple shops
D. Specialty stores
15. Sumesh is a manufacturer of cotton sarees. He wants to buy cotton fabric in bulk. The best mode of purchase will be:
A. Purchase by inspection
B. Purchase by description
C. Purchase by sample
D. Both A. and B.
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