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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) Being late
C) Leaving early
D) Ignoring time
  • 2. Why is punctuality important?
A) To be respectful and efficient
B) To show disrespect
C) To waste time
D) To be late
  • 3. Regularity means ____________.
A) Sometimes attending
B) Doing thing irregularly
C) Never attending
D) Doing things consistently
  • 4. Reward is given for ____________.
A) Ignoring rules
B) Good performance
C) Bad behavior
D) Being late
  • 5. Punishment is for _____________.
A) Praising everyone
B) EnCouraging good behavior
C) Ignoring behavior
D) Discouraging bad behavior
  • 6. What does devotion to duty mean ?
A) Committing to task or responsibilities
B) Ignoring responsibilities
C) Doing whatever
D) Avoiding work
  • 7. Attributes of devoted people include ___________.
A) Disrespect
B) Diligence and responsibility
C) Irregularity
D) Laziness
  • 8. Devotion to duty lead for _____________.
A) No impacts
B) Isolation
C) Failure
D) Success and trust
  • 9. Effects of devotion include __________.
A) Reduced workload
B) Increased respect and achievement
C) More stress always
D) Less responsibility
  • 10. What does devotion to duty mean?
A) Ignoring responsibilities
B) Doing whatever
C) Committing to task or responsibilities
D) Avoiding work
  • 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) No impact
B) Harms economy
C) Reduces choice
D) Increases choices and economic growth
  • 13. Forms of trade include________.
A) Local and international trade
B) No trade
C) Local trade only
D) Online trade
  • 14. International trade involves___________.
A) Trading between countries
B) No trading
C) Local markets only
D) Trading within country
  • 15. What is a market?
A) A place to ignore trade
B) A non existent place
C) A place to buy and sell goods/services
D) A place to produce goods
  • 16. Features of a market include_________.
A) Buyers and sellers interacting
B) Only sellers
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) Commodity market
C) Food market
D) Money market
  • 19. ___________ ideas with long term funds.
A) Money
B) Capital
C) Services
D) Commodity
  • 20. Money market deals with____________
A) Short term financial instrument
B) Long term funds
C) No transaction
D) Commodities only
  • 21. Careers in finance include_________.
A) Banking, investing, insurance
B) No career
C) Farming only
D) Teaching only
  • 22. Importance of capital markets to business:
A) Limit expansion
B) No impact
C) Raise fund for growth
D) Decrease investment
  • 23. Capital markets help business to __________.
A) Get long term funds for expansion
B) Ignore funding
C) Get short term funds only
D) Reduce funding
  • 24. Buying by cash means ___________.
A) Credit only
B) No payment
C) Paying later
D) Paying immediately
  • 25. Buying on credit means __________.
A) Cash only
B) No payment
C) Paying later
D) Paying now
  • 26. Cost of sales includes__________.
A) No cost
B) Selling price only
C) Only profit
D) Expenses in selking
  • 27. Mark-- up is ___________.
A) Loss
B) No change
C) Decrease in price
D) Increase in price for profit
  • 28. Profit is calculated as
A) No calculation
B) Net profit + expenses
C) Revenue -- expenses
D) Expenses-- loss
  • 29. If revenue is #100, expense #70, profit is _______
A) #170
B) #100
C) #70
D) #30
  • 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) Stay the same
B) Shrink
C) Close down
D) Expand and invest
  • 32. A business with high profit can ________.
A) Lose money
B) Close money
C) No invesd
D) Reinvest and grow
  • 33. What happens if a business make a lose?
A) Profit increase s
B) It expands
C) Noting changes
D) It may shrink or close
  • 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) More debt
B) No ownership
C) Immediate 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) #60
B) # 70
C) #50
D) #40
  • 38. High turnover means _________ .
A) High sales volume
B) No sales
C) Losses
D) Low sales
  • 39. Mark--up of 25% on #2000 cost price means selling price is___________.
A) #150
B) #225
C) #250
D) #200
  • 40. Money market instruments include _________.
A) Treasury bill, commercial paper
B) Real estate
C) Commodities
D) Stocks
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