Bihar Board Class 12 Business Studies Question Paper PDF with Solutions is available for download. The Bihar School Examination Board (BSEB) conducted the Class 12 examination for a total duration of 3 hours 15 minutes, and the question paper was of a total of 100 marks.

Bihar Board Class 12 Business Studies 2025 Question Paper PDF with Solution - Set I

Bihar Board Class 12 Business Studies 2025 Question Paper with Answer Key download iconDownload Check Solutions
Bihar Board Class 12 Business Studies 2025 Question Paper PDF with Solution - Set I

Question 1:

............... creates liquidity.

  • (A) Organised market
  • (B) Unorganised market
  • (C) Primary market
  • (D) Secondary market

Question 2:

............... deals in new issued shares.

  • (A) Secondary market
  • (B) Primary market
  • (C) Both (A) and (B)
  • (D) None of these

Question 3:

Legally SEBI was established in

  • (A) 1988
  • (B) 1990
  • (C) 1992
  • (D) 1994

Question 4:

The future of Stock Exchanges in India is

  • (A) bright
  • (B) in dark
  • (C) ordinary
  • (D) no future

Question 5:

Who is the writer of the book 'Principles of Marketing'?

  • (A) Philip Kotler
  • (B) Prof. William J. Stanton
  • (C) Richard Briskik
  • (D) Prof. J. P. Verma

Question 6:

Marketing concept is

  • (A) production-oriented
  • (B) sales-oriented
  • (C) customer-oriented
  • (D) all of these

Question 7:

Money spent on marketing is

  • (A) wastage
  • (B) unnecessary expenditure
  • (C) burden on the customer
  • (D) investment

Question 8:

Marketing expenditure is a burden on

  • (A) industry
  • (B) businessmen
  • (C) customers
  • (D) all of these

Question 9:

For business, marketing is

  • (A) compulsory
  • (B) necessary
  • (C) unnecessary
  • (D) luxury

Question 10:

Costliest means of sales promotion is

  • (A) Advertisement
  • (B) Personal selling
  • (C) Sales promotion
  • (D) Public relations

Question 11:

Supervisor is ............. of the workers.

  • (A) Friend
  • (B) Guide
  • (C) Philosopher
  • (D) All of these

Question 12:

............ direction is related to employees.

  • (A) Top level
  • (B) Middle level
  • (C) Lower level
  • (D) All of these

Question 13:

Supervision is

  • (A) Necessary
  • (B) Unnecessary
  • (C) Wastage of time
  • (D) None of these

Question 14:

Direction is required at what level of management ?

  • (A) Top
  • (B) Middle
  • (C) Lower
  • (D) All of these

Question 15:

Element of direction is

  • (A) Supervision
  • (B) Motivation
  • (C) Leadership
  • (D) All of these

Question 16:

Direction is not the ............. aspect of management.

  • (A) Practical
  • (B) Theoretical
  • (C) Inter-personal
  • (D) Positive

Question 17:

Direction is

  • (A) Compulsory
  • (B) Necessary
  • (C) Unnecessary
  • (D) Wastage of time

Question 18:

The leader takes work from his subordinates

  • (A) by tact
  • (B) by rod
  • (C) by threatening
  • (D) none of these

Question 19:

In horizontal communication flow of suggestion is

  • (A) upward
  • (B) downward
  • (C) at parallel
  • (D) all of these

Question 20:

Management control is done by

  • (A) lower level managers
  • (B) middle level managers
  • (C) top level managers
  • (D) all level managers

Question 21:

Management is an art of

  • (A) doing work himself
  • (B) taking work from others
  • (C) both (A) and (B)
  • (D) none of these

Question 22:

The nature of management is

  • (A) as an inborn ability
  • (B) as an acquired ability
  • (C) both (A) and (B)
  • (D) none of these

Question 23:

"Management is the development of men and not the direction of things." This statement is of

  • (A) Lawrence A. Appley
  • (B) R. C. Davis
  • (C) Keith and Gubelline
  • (D) George R. Terry

Question 24:

The foremost need in development of a country is of

  • (A) Physical resources
  • (B) Economic resources
  • (C) Efficient management
  • (D) None of these

Question 25:

Management is a delicate responsibility as it involves

  • (A) Money
  • (B) Machine
  • (C) Men
  • (D) Materials

Question 26:

Maximum incentive giving function of management to employees is

  • (A) Staffing
  • (B) Motivation
  • (C) Organisation
  • (D) None of these

Question 27:

How many levels of management are there?

  • (A) 4
  • (B) 3
  • (C) 2
  • (D) 1

Question 28:

Coordination is established

  • (A) between groups
  • (B) between departments
  • (C) between management and employees
  • (D) all of these

Question 29:

Coordination is

  • (A) voluntary
  • (B) necessary
  • (C) unnecessary
  • (D) wastage of time

Question 30:

According to George R. Terry, the functions of management are

  • (A) 2
  • (B) 4
  • (C) 6
  • (D) None of these

Question 31:

Method(s) of development is/are

  • (A) position rotation
  • (B) short-term syllabus
  • (C) development on the job
  • (D) all of these

Question 32:

Method(s) of training is/are

  • (A) Job rotation training
  • (B) On the job training
  • (C) Apprenticeship training
  • (D) All of these

Question 33:

Staffing is

  • (A) to plan
  • (B) to control
  • (C) to direct
  • (D) to appoint the persons on work

Question 34:

Selection of executives is

  • (A) Lower level executives
  • (B) Middle level executives
  • (C) Top level executives
  • (D) All of these

Question 35:

Objective of development is

  • (A) Opportunities of promotion
  • (B) Better performance
  • (C) Increase in skills
  • (D) All of these

Question 36:

The manager is

  • (A) Boss
  • (B) Owner
  • (C) Leader
  • (D) None of these

Question 37:

The leader has ..................... authority.

  • (A) Informal
  • (B) Formal
  • (C) Personal
  • (D) Government

Question 38:

Grapevine communication is

  • (A) Informal
  • (B) Formal
  • (C) Written
  • (D) None of these

Question 39:

The main element(s) of direction is/are

  • (A) 2
  • (B) 3
  • (C) 4
  • (D) 6

Question 40:

Supervision is the ............. level of management.

  • (A) Top
  • (B) Middle
  • (C) Low
  • (D) All of these

Question 41:

Principle of management is

  • (A) Dynamic
  • (B) Flexible
  • (C) Universal
  • (D) All of these

Question 42:

When was scientific management introduced ?

  • (A) 1913
  • (B) 1832
  • (C) 1903
  • (D) 1923

Question 43:

Liberalisation policy in India has been

  • (A) Successful
  • (B) Unsuccessful
  • (C) Total failure
  • (D) None of these

Question 44:

Which of the following is an example of social environment ?

  • (A) Money supply in the economy
  • (B) Consumer Protection Act
  • (C) Constitution of country
  • (D) Composition of family

Question 45:

Economic environment of business is influenced by

  • (A) Economic policy
  • (B) Economic system
  • (C) Economic development
  • (D) All of these

Question 46:

Planning is

  • (A) Goal-oriented
  • (B) Objective-oriented
  • (C) Mental process
  • (D) All of these

Question 47:

Which of the following is not a limitation of planning ?

  • (A) Rigidity
  • (B) Wastage of time
  • (C) Basis of control
  • (D) Huge cost

Question 48:

Planning is

  • (A) Necessary
  • (B) Unnecessary
  • (C) Wastage of time
  • (D) Wastage of money

Question 49:

Budget refers to

  • (A) planned target of performance
  • (B) use of handling future activities
  • (C) systematic action
  • (D) statement of expected results expressed in numerical terms

Question 51:

In a business enterprise controlling is needed

  • (A) at the time of establishment of business
  • (B) at the time of operation of business
  • (C) at the end of the year
  • (D) continuously

Question 52:

Controlling is the ............. function of management.

  • (A) first
  • (B) second
  • (C) third
  • (D) last

Question 53:

Effective controlling is

  • (A) Static
  • (B) Pre-determined
  • (C) Dynamic
  • (D) All of these

Question 54:

Control is a ............. managerial function.

  • (A) compulsory
  • (B) necessary
  • (C) optional
  • (D) none of these

Question 55:

An efficient control system helps to

  • (A) accomplish organisational objectives
  • (B) boost employees morale
  • (C) judge accuracy of standards
  • (D) all of these

Question 56:

The source of fixed capital is not

  • (A) Issue of debentures
  • (B) Issue of shares
  • (C) Creditors
  • (D) Loan from IFCI

Question 57:

Modern approach of financial management is

  • (A) procurement of funds
  • (B) utilisation of funds
  • (C) both (A) and (B)
  • (D) none of these

Question 58:

Main function(s) of financial management is/are

  • (A) Financial planning
  • (B) Procurement of funds
  • (C) Allocation of net profit
  • (D) All of these

Question 59:

Financial manager takes decision as to

  • (A) Financial
  • (B) Investment
  • (C) Dividend
  • (D) All of these

Question 60:

Financial management is

  • (A) Art
  • (B) Science
  • (C) Both art and science
  • (D) None of these

Question 61:

Traditional approach of financial management was discarded during

  • (A) 1910-20
  • (B) 1920-30
  • (C) 1930-40
  • (D) 1940-50

Question 62:

Feature of sound financial planning is

  • (A) Simplicity
  • (B) Liquidity
  • (C) Economy
  • (D) All of these

Question 63:

Determinant of working capital is

  • (A) size of enterprise
  • (B) period of manufacturing process
  • (C) availability of raw material
  • (D) all of these

Question 64:

Fixed capital is required

  • (A) For payment of routine expenses
  • (B) For purchase of land
  • (C) For purchase of stock
  • (D) For payment to creditors

Question 65:

The determinant of bonus decision is

  • (A) Amount of profit
  • (B) Liquidity of funds
  • (C) Age of the company
    (D) All of these

Question 66:

Who controls the money market in India ?

  • (A) Finance Department
  • (B) RBI
  • (C) Financial Institutions
  • (D) SEBI

Question 67:

Which is the main problem of money market ?

  • (A) Lack of capital
  • (B) Hundi
  • (C) Lack of market
  • (D) None of these

Question 68:

Money market deals in

  • (A) Short-term funds
  • (B) Medium-term funds
  • (C) Long-term funds
  • (D) None of these

Question 69:

The number of stock exchanges in India at present is

  • (A) 21
  • (B) 23
  • (C) 24
  • (D) none of these

Question 70:

Capital market deals in

  • (A) Short-term funds
  • (B) Medium-term funds
  • (C) Long-term funds
  • (D) None of these

Question 71:

The birthplace of concept of marketing management is

  • (A) England
  • (B) America
  • (C) France
  • (D) Japan

Question 72:

Consumer Protection Act is effective in India from

  • (A) 1986
  • (B) 1987
  • (C) 1988
  • (D) None of these

Question 73:

Under the Consumer Protection Act, complainant means

  • (A) Consumer
  • (B) State Government
  • (C) Central Government
  • (D) All of these

Question 74:

District Forum can settle disputes

  • (A) up to 5 lakhs
  • (B) up to 10 lakhs
  • (C) up to 15 lakhs
  • (D) up to 1 crore

Question 75:

Non-government organisation working in India is

  • (A) Voice
  • (B) Common Cause
  • (C) Both (A) and (B)
  • (D) None of these

Question 76:

The machinery for settlement of consumer disputes is

  • (A) One-tier
  • (B) Three-tier
  • (C) Two-tier
  • (D) None of these

Question 77:

In India, Entrepreneurial Development Programme has been

  • (A) Successful
  • (B) Unsuccessful
  • (C) Need of improvement
  • (D) None of these

Question 78:

The attitude of Indian government machinery towards entrepreneurial development programme is

  • (A) Destructive
  • (B) Negative
  • (C) Constructive
  • (D) Non-cooperative

Question 79:

Entrepreneurial Development Institute of India was established by

  • (A) Maharashtra Government
  • (B) Gujarat Government
  • (C) Madhya Pradesh Government
  • (D) Tamil Nadu Government

Question 80:

Entrepreneurial Development Institute of India is situated in

  • (A) Ahmedabad
  • (B) Mumbai
  • (C) New Delhi
  • (D) Chennai

Question 81:

According to Koontz and O'Donnel, the main functions of management are

  • (A) 5
  • (B) 4
  • (C) 3
  • (D) none of these

Question 82:

Coordination is established by

  • (A) Top level management
  • (B) Middle level management
  • (C) Lower level management
  • (D) None of these

Question 83:

In the nature of social responsibility of management applies the rule of

  • (A) 'Buyer beware'
  • (B) 'Seller beware'
  • (C) Both (A) and (B)
  • (D) None of these

Question 84:

Management should find 'one best way' to perform a task. Which principle of scientific management is defined in this sentence ?

  • (A) Universal
  • (B) Flexible
  • (C) Absolute
  • (D) Behavioural

Question 85:

By scientific management workers

  • (A) are benefitted
  • (B) suffer loss
  • (C) are not affected
  • (D) none of these

Question 86:

By scientific management profits are

  • (A) Increased
  • (B) Reduced
  • (C) Not affected
  • (D) None of these

Question 87:

By scientific management working hours of workers are

  • (A) increased
  • (B) decreased
  • (C) not affected
  • (D) none of these

Question 88:

By scientific management consumers

  • (A) are not affected
  • (B) suffer exploitation
  • (C) are benefitted
  • (D) suffer loss

Question 89:

The propounder of administrative management was

  • (A) Fayol
  • (B) Taylor
  • (C) Terry
  • (D) None of them

Question 90:

“A plan is a trap to capture the future." This statement is of

  • (A) Newman
  • (B) Hurley
  • (C) Allen
  • (D) Terry

Question 91:

............... organisation is automatically formed.

  • (A) Functional
  • (B) Informal
  • (C) Formal
  • (D) Divisional

Question 92:

There is no favouritism in ............... organisation.

  • (A) Formal
  • (B) Informal
  • (C) Departmental
  • (D) Functional

Question 93:

............... depends upon the sweet will of the employees.

  • (A) Formal organisation
  • (B) Functional organisation
  • (C) Informal organisation
  • (D) Departmental organisation

Question 94:

In case of informal organisation authorities are

  • (A) Decentralised
  • (B) Centralised
  • (C) Equally distributed
  • (D) None of these

Question 95:

The organisational steps are

  • (A) 2
  • (B) 4
  • (C) 6
  • (D) 8

Question 96:

............... comprises lower level in hierarchy of the organisation.

  • (A) Vice-President
  • (B) Production Manager
  • (C) Chief Operation Officer
  • (D) Foreman and Supervisor

Question 97:

............... gives shape to the organisational structure.

  • (A) Extent of delegation
  • (B) Span of management
  • (C) Number of employees
  • (D) Planning

Question 98:

Training of employees is

  • (A) Necessary
  • (B) Unnecessary
  • (C) Compulsory
  • (D) Wastage of money

Question 99:

Development of employees involves

  • (A) Promotion
  • (B) Transfer
  • (C) Training
  • (D) All of these

Question 100:

Is scientific management inhumane ?


Question 101:

What is the role of legal environment in business ?


Question 102:

Define business environment.


Question 103:

What do you mean by delegation of authority ?


Question 104:

Distinguish between Training and Development.


Question 105:

"Management is a profession." Discuss.


Question 106:

What do you mean by feedback ?


Question 107:

Write two advantages of budgetary control.


Question 108:

Explain the technique of budgetary control.


Question 109:

What is capital budgeting ?


Question 110:

Explain in brief the secondary objectives of SEBI.


Question 111:

What is OTCEI ?


Question 112:

Explain the importance of consumer protection.


Question 113:

Why is entrepreneurship regarded as a creative activity ?


Question 114:

State two examples of non-monetary incentives.


Question 115:

Explain the importance of management.


Question 116:

State any two functions of top level management.


Question 117:

What is scalar chain ?


Question 118:

Explain the importance of planning.


Question 119:

Distinguish between objectives and policies.


Question 120:

What is meant by informal organisation ?


Question 121:

Explain the internal sources of recruitment.


Question 122:

What is informal communication ?


Question 123:

Distinguish between Leader and Manager.


Question 124:

How does the control simplify the task of a supervisor ?


Question 125:

What is meant by working capital ?


Question 126:

What is meant by Financial Management ?


Question 127:

Distinguish between Advertisement and Personal selling.


Question 128:

Explain in brief the components of physical distribution.


Question 129:

What is Consumer Protection Act ?


Question 130:

Explain the principles of scientific management of Taylor.


Question 131:

Explain the policies and procedure by giving suitable examples.


Question 132:

Distinguish between centralisation and decentralisation.


Question 133:

What do you mean by staffing ? Is it a part of Human Resource Management ?


Question 134:

Distinguish between Management and Leadership.


Question 135:

Explain the various steps involved in the process of control.


Question 136:

Explain the qualities of a good leader.


Question 137:

Discuss the methods of training.