CBSE Board Class 12 Business Studies 2024 Question Papers, and Answer Key
Mr. CBSE Solution,
The Central Board of Secondary Education (CBSE) conducted the Class 12 Business Studies board exam today, March 22, 2024. The exam was conducted between 10.30 am to 1.30 pm.
Now, as the exam is over, we bring you post-exam review, paper analysis and student feedback on the difficulty level of CBSE Class 12 Business Studies exam 2024. Compare your answers with the CBSE Class 12 Business Studies Question Paper 2024 Solved
Over 39 lakh students are appearing in CBSE board exams for Class 10, 12 in the country and abroad.
CBSE Class 12 Business Studies Exam 2024 Key Highlights
| Exam Name | CBSE Class 12 Business Studies Board Exam 2024 |
| Conducting Body | Central Board of Secondary Education (CBSE) |
| Subject | Business Studies |
| Subject Code | 054 |
| Exam Date | March 27, 2024 |
| Exam Timings | 10:30 AM - 1:30 PM |
| Total Marks | 80 |
| Total Duration | 3 hours |
| No of Sections | 4 |
| Types of Questions | Objective Type Questions, Short Answer Questions, and Descriptive Questions |
CBSE Class 12 Business Studies Paper Review 2024
Discover the detailed review of the CBSE Class 12 Business Studies Exam 2024. Learn about the difficulty level, paper length, question patterns, types of questions, student reactions, and expert opinions.
◆ The question paper was rated as moderate, falling into the easy to moderate category.
◆ Students did not encounter significant challenges while attempting the paper.
◆ Many questions adopted a practical approach, engaging students in applying multiple concepts and utilizing theoretical knowledge.
◆ The paper was of reasonable length, with most students finding the allocated 3 hours sufficient for completion.
◆ Application-based questions were prominent throughout the paper, emphasizing competency and practical application of theoretical concepts.
◆ Multiple-choice questions (MCQs) comprised a mix of easy and tricky ones, while short answer type questions were average in difficulty. Descriptive questions were moderately challenging.
◆ No out-of-syllabus questions were encountered, and consideration was given to the deleted syllabus for 2024.
◆ All sets of question papers were largely similar, with variations in question numbers among sets.
CBSE Class 12 Business Studies Exam Analysis 2024 - Students' Reaction
Get to know what students think about the CBSE Class 12 Business Studies Paper 2024 here.
◆ Challenging Areas in Business Studies Questions: MCQs, short answer type questions were moderately challenging
◆ Type of Questions asked in Today’s Business Studies Exam: MCQs, Assertion-Reasoning, Case Study, Short Answer Type Questions, Long Answer Type Questions
◆ Section-wise Class 12 Business Studies Exam Review: Section A was moderately challenging, B was average, C was average, D was comparatively easier than rest of the paper
CBSE Class 12 Business Studies Paper Analysis 2024 - Experts' Review
Explore detailed opinions from experts regarding the CBSE Class 12 Business Studies Paper 2024.
Expert Observations
◆ Experts have noted that the difficulty level of the question paper was balanced, offering a fair challenge without being overly tough or too simple.
◆ The standout feature of the paper was the incorporation of questions with real-life applications, contributing to a practical and realistic assessment.
◆ According to experts, the format of the question paper closely matched the sample paper provided by the board, ensuring consistency and alignment with expectations.
◆The length of the question paper was deemed appropriate, avoiding unnecessary elongation and ensuring a manageable examination duration.
◆ Experts have highlighted the presence of a diverse mix of easy and tricky questions across all question types, providing a comprehensive evaluation of students' knowledge.
CBSE Class 12 Business Studies Answer Key 2024
Section A comprises 20 multiple-choice questions of 1 mark each, Answers are given here below.
Q.1 Naman and Vineet were childhood friends and both were working in Sunshine Crockery.' Naman was working as the Chief Executive Officer while Vineet was the Production Manager. They would generally discuss company related issues over lunch-time or while travelling together, The company had recently received an order for supply of 5,000 dinner sets from Shaurya Hotel. It was an unexpected order and would increase the revenue of the company. This order was communicated by Naman to Vineet over intercom. Vineet executed the order within the given time period. For this, he was appreciated by Naman.
The type of communication used by Naman to communicate the order to Vineet was:
(A) Formal Communication
(B) Informal Communication
(C) Online Communication.
(D) Visual Communication
Q.2 Vanguard Inc., a company manufacturing footwear for men, women and children has been earning consistent profits for the last many years. It has a democratic style of working. Workers are encouraged to develop and carry out plans for improvement in the organisation. Varun who is working in the production department gave a suggestion which resulted in 10% reduction in the cost of production of shoes. He was rewarded for his suggestion. Identify the principle of management followed by Vanguard Inc.' in the above case:
(A) Esprit De Corps
(B) Subordination of Individual Interest to General Interest
(C) Initiative
(D) Equity
Q.3 Statement-1: Motivation can be either positive or negative.
Statement-II: Motivation is a complex process as the individuals are heterogeneous in their expectations, perceptions and reactions.
Choose the correct option from the following
(A) Statement-I is true and Statement-II is false.
(B) Statement-II is true and Statement I is false.
(C) Both the Statements are true.
(D) Both the Statements are false.
Q.4 Child-Q' is a garment manufacturing company which makes clothes with unique and stylish designs for children. Naisha was working as the Human Resource Manager with Child-O. Inspite of good pay and many other benefits offered, the company is facing problem of high turnover of its employees. Naisha tried to find out the reason but could not. She appointed a person with the permission of the Chief Executive Officer to find out the reason. It was found that other organisations were giving more autonomy and authority to their employees which made them feel that their jobs were important. This was attracting the employees of 'Child-O' to other organisations. The incentive which attracted the employees of 'Child-O' to other organisations is:
(A) Employee Recognition programmes
(B) Employee Participation
(C) Career Advancement Opportunity
(D) Employee Empowerment
Q.5 Read the following statements:
Assertion (A) and Reason (R). Choose the correct alternative from those given below:
Assertion (A): Availability of leasing facilities may reduce the funds required to be invested in fixed assets thereby reducing the fixed capital requirements.
Reason (R): When an asset is taken on lease, the firm pays lease rentals to use it and avoids to invest huge sums required to purchase it.
(A) Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A),
(B) Both Assertion (A) and Reason (R) are true but Reason (R) is not the correct explanation of Assertion (A).
(C) Assertion (A) is true but Reason (R) is false,
(D) Assertion (A) is false but Reason (R) is true.
Q.6 Which of the following is NOT a factor affecting 'financing decision?
(A) Fixed operating costs
(C) Control considerations
(B) Cash flow position
(D) Diversification
Q.7 Which of the following is the function of Top level management ?
(A) They ensure that their department has the necessary personnel.
(B) They interact with the actual work force and pass on instructions of the middle management to the workers.
(C) They co-operate with other departments for smooth functioning of the organisation.
(D) They analyse the business environment and its implications for the survival of the firm.
Q.8 Choose the incorrect statement about Money market:
(A) The main instruments traded in this market are Treasury bills, The Trade bills, Commercial paper and Certificates of deposit.
(B) In this market, transactions entail huge sums of money as the instruments are quite expensive.
(C) Participation in this market is by and large undertaken by institutional participants such as the Reserve Bank of India, banks, financial institutions and finance companies.
(D) It deals in medium and long term securities.
Q.9 Kanand Ltd.' is an automobile manufacturing company started in 2014 under 'Make in India' initiative of the Government of India. Expecting higher growth in future, it developed higher capacity in the current year taking advantage of the subsidies provided by the government. This would enable 'Kanand Ltd.' to meet anticipated higher demand quickly, For this, Kanand Ltd. invested large amounts in fixed assets leading to higher requirements of fixed capital. Identify the factor affecting fixed capital requirements which Kanand Ltd. kept in mind to meet higher anticipated demand quicker.
(A) Scale of operations
(C) Diversification
(B) Nature of business
(D) Growth prospects
Q.10 Identify from the following what is shown in the picture of refrigerator given below?
(A) Brand name
(B) Brand mark
(C) Trademark
(D) Label
Q.11 Since business environment consists of numerous interrelated and dynamic conditions or forces which arise from different sources, it becomes difficult to comprehend at once what exactly constitutes a given environment. Thus it is relatively easier to understand the environment in parts but difficult to grasp in its totality. Identify the feature of business environment highlighted above:
(A) Uncertainty
(C) Relativity
(B) Complexity
(D) Dynamic nature.
Q.12 For holding securities in an electronic form, the investor has to open a demat account with an organisation called ___________
(A) Depository
(B) Securities and Exchange Board of India
(C) Stock Exchange
(D) Mutual Fund
Q.13 The activities involved in managing the enterprise are common to all organisations whether economic, political or social. Identify the feature of management.
(A) Management is multidimensional,
(B) Management is all pervasive.
(C) Management is a continuous process.
(D) Management is a dynamic function.
Q.14
Ans: A
Q.15 Statement-I: The basic function of a Stock Exchange is the creation of a continuous market where securities are bought and sold. Statement-II: The Stock Exchange provides both liquidity and easy marketability to already existing securities in the market.
Choose the correct option from the following:
(A) Statement-I is true and Statement-II is false.
(B) Statement-II is true and Statement-I is false.
(C) Both the Statements are true,
(D) Both the Statements are false.
Q.16 Navya went to a supermarket for grocery shopping. She bought one kg of bajra flour from the supermarket. On reaching home when she opened the packet she found worms inside it. She was disappointed and told her son about the same. Her son asked her to check the label. When she checked the label of the packet, she found that bajra flour was stale and beyond the expiry date. She approached the sales-person at the supermarket who replaced the bajra flour immediately. When she thanked the sales person, she was told that it was the policy of the supermarket to satisfy the customers. He further told that satisfied customers not only lead to repeat sales but they also provide good feedback to prospective customers which helps in increasing the customer base of business. Identify the point of importance of consumer protection from the point of view of the supermarket which is helping them to increase the customer base:
(A) Long term interest of the business
(B) Moral justification
(C) Social responsibility
(D) Government intervention
Q.17 Many reputed business organisations keep a database of unsolicited applicants in their offices. Such job seekers can be a valuable source of manpower. A list of such job seekers can be prepared and can be screened to fill the vacancies as they arise. The source of recruitment discussed above is:
(A) Direct recruitment
(B) Casual callers
(C) Labour contractors
(D) Campus recruitment
Q.18 _________ means doing the task correctly and with minimum cost.
(A) Efficiency
(B) Effectiveness
(C) Management
(D) Coordination
Q.19 As per Plastic Waste Management Rule 2022, single use plastic items were prohibited in Delhi from 1st July, 2022. The dimension of business environment referred to here is _________
(A) Economic environment'
(B) Legal environment
(C) Technological environment
(D) Political environment
Q.20 Which of the following is not an element of social environment?
(A) Composition of family
(B) Consumption habits
(C) Rates of saving and investment
(D) Educational system and literacy rates