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KERALA BOARD
QUESTION
PAPER
2025
DOWNLOAD PDF
Kerala Board of Public
Examinations
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FY-348
Reg. No. : ......................................
Name : ...........................................
FIRST YEAR HIGHER SECONDARY EXAMINATION, MARCH 2025
Part – III Time : 2½ Hours
BUSINESS STUDIES Cool-off time : 15 Minutes
Maximum : 80 Scores
General Instructions to Candidates :
There is a ‘Cool-off time’ of 15 minutes in addition to the writing time.
Use the ‘Cool-off time’ to get familiar with questions and to plan your answers.
Read questions carefully before answering.
Read the instructions carefully.
Calculations, figures and graphs should be shown in the answer sheet itself.
Malayalam version of the questions is also provided.
Give equations wherever necessary.
Electronic devices except non-programmable calculators are not allowed in the
Examination Hall.
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I. Answer any 8 of the following questions from 1 to 10. Each carries 1 score. (8 1 = 8)
1. Which among the following is not an objective of business ?
(a) Market standing (b) Innovation
(c) Social responsibility (d) Business risk
2. Identify the form of organization from given below, where mutual help and welfare is
the basic value.
(a) Joint Stock Company (b) Co-operative Society
(c) H.U.F. (d) Public Company
3. Expand P.P.P.
4. Which of the following is not a nature of service ?
(a) Intangibility (b) Innovative
(c) Inconsistency (d) Inseparability
5. Mr. Babu sells his car to Mr. Suku through OLX.
Which of the following mode of transaction is this ?
(a) B2B (b) B2C
(c) C2C (d) Intra B
6. A business organisation contributing towards the flood affected people, is an example
of _____ responsibility.
(a) Economic (b) Legal
(c) Ethical (d) Discretionary
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I. 1 10 8 .
1 . (8 1 = 8)
1. ?
(a) (b)
(c) (d)
2. ,
?
(a) (b)
(c) (d)
3. ... .
4. ?
(a) (b)
(c) (d)
5. .. .
?
(a) (b)
(c) (d)
6.
?
(a) (b)
(c) (d)
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7. A prospectus is issued by _____ .
(a) Private company (b) Public company
(c) Co-operative society (d) Partnership firm
8. Complete the series as per hint given.
Debentures – Interest
Shares – ?
_____
9. Those retailers who do not have a fixed place of business are called _____ .
10. The most important document used in import is _____ .
(a) Bill of Entry (b) Mates Receipt
(c) Proforma Invoice (d) Airway bill
II. Answer any 5 questions from 11 to 16. Each carries 2 score. (5 2 = 10)
11. Insert the following industries into appropriate columns :
Transportation, Hunting, Fish-hatchery, Sugar industry
Primary Industry Secondary Industry Tertiary
Extractive Genetic Manufacturing Construction
12. Write any two elements of business ethics.
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7. _____ .
(a) (b)
(c) (d)
8. .
–
– ?
_____
9. _____
.
10. _____ .
(a) (b)
(c) (d)
II. 11 16 5
. 2 . (5 2 = 10)
11. .
, , ,
12. .
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13. List out any four functions of a promoter.
14. What are the preferences given to a preference share ?
15. Point out any four characteristics of entrepreneurship.
16. Name the modes of an organisation entering into international business.
III. Answer any 5 of the following questions from 17 to 22. Each carries 3 score.
(5 3 = 15)
17. Explain the following features of partnership in one sentence each :
(a) Formation
(b) Liability
(c) Continuity
18. Indian railways is an example of this form of enterprise. Identify it and write its two
features.
19. Mention any three steps in the capital subscription stage of a company’s formation.
20. Briefly explain any three problems faced by MSME.
21. List out any six steps involved in export procedure.
22. What is retained earnings ? Write any two merits of it as a source of finance of
company.
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13. .
14. ?
15. .
16.
?
III. 17 22 5
. 3 . (5 3 = 15)
17.
.
(a)
(b)
(c)
18. .
.
.
19.
.
20.
.
21. .
22. ?
.
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IV. Answer any 4 of the following questions from 23 to 27. Each question carries
4 score. (4 4 = 16)
23. List out four merits and four demerits of sole proprietorship.
24. What is a global enterprise ? Point out six features of it.
25. Commercial banks perform a variety of functions. Give a brief account of any four of
them.
26. Match the following :
A B
(a) Trade Credit – (1) Contractual agreement
(b) Factoring – (2) Unsecured
(c) Leasing – (3) Commission
(d) Commercial paper – (4) Credit transaction
27. What are the different types of small scale fixed shop retailers ?
V. Answer any 3 of the following questions from 28 to 31. Each question carries
5 score. (3 5 = 15)
28. Mr. Suresh is engaged in the production and distribution of readymade garments.
Identify the type of economic activity he is engaged in. Briefly explain any 4 features
of it.
29. What are the benefits of ‘E-Business’ ?
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IV. 23 27 4
. 4 . (4 4 = 16)
23. .
24. ? 6
.
25. .
4 .
26. :
(a) – (1)
(b) – (2)
(c) – (3)
(d) – (4)
27. ?
V. 28 31 3
. 5 . (3 5 = 15)
28. .
.
. 4 .
29. ‘-’ ?
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30. What do you mean by social responsibility of business ? Write one responsibility each
to the following stake holders :
(a) Owners
(b) Workers
(c) Consumers
(d) Government
31. Differentiate Memorandum of Association from Articles of Association on the
following bases :
(a) Objectives
(b) Position
(c) Relationship
(d) Validity
(e) Necessity
VI. Answer any 2 of the following questions from 32 to 34. Each question carries
8 score. (2 8 = 16)
32. What is a Joint Stock Company ? Explain any seven features of it.
33. Identify the service that removes the hindrance of risk in business. Briefly explain
the 7 principles of it.
34. ‘Absense of salesman’ is the prominent feature of this type of largescale retailing.
Identify the form of business. Also bring out its 4 merits and 3 demerits.
__________
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30.
?
.
(a)
(b)
(c)
(d)
31.
.
(a)
(b)
(c)
(d)
(e)
VI. 32 34 2
. 8 . (2 8 = 16)
32. ?
.
33. .
7 .
34. ‘ ’
. . 4 3
.
____________
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