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