BANSAL COACHING CENTRE (B.C.

C)
BANSAL INSTITUTE OF MODERN STUDIES (BIMS)
BANSAL COLLEGE OF MANAGEMENT AND INFORMATION TECHNOLOGY (BCMIT)

CLASS-IX (P2-B-STUDIES)
Max. Marks: 50 Monthly Test Time Allowed: 1.5 Hours

Short Answer type Questions (1 Mark Each)

1. State the different types of economic activities.
2. Name the trade where the goods are bought from the foreign country.
3. State examples of Analytical industries.
4. Which industry provides services to primary and secondary industry?
5. What is meant by Business Risk? Explain the features of it.
6. Describe the meaning of Commerce. (3)
7. Varun is the only owner of his restaurant. Name the form of business organization.
8. Name the form of organization found only in India
9. List two merits of Sole proprietorship.
10. Name any one business in which sole proprietorship is most suitable.
11. Name the type of partnership which is formed to accomplish a specific project for a specific
time.
12. State any one consequence of non registration of a partnership firm.
13. What is the minimum number of persons required to form a cooperative society?
14. Name the type of company which can invite the public to subscribe for the shares or debentures.
.
15. Name the process by which a joint stock company is registered.
16. Name the document which defines the object and powers of the company.

Long Answer type Questions: ( 2 Mark Each)

17. Profits play an important role in business. Give four reasons to justify the statement.
18. Give the meaning and two examples of Economic activities.
19. Explain the meaning and causes of business risk.
20. Compare the business, profession and employment.
21. Explain the factors to be considered before starting a business.
22. Explain the features of business.
23. Risk is an inherent element of a Business. Do you agree? Explain.
24. State three advantages of joint Hindu Family business.
25. Explain the features of a Joint Hindu Family business.
26. List any three advantages of partnership.
27. State the important features of partnership.
28. What are the consequences of non registration of a partnership firm?
29. Explain any three features of a company.
30. Enumerate the various types of cooperative societies.
31. Distinguish between Memorandum of Association and Articles of Association.
32. Distinguish between a private company and public company.
33. Describe the various partners in a partnership firm.

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