Important & Viva Questions for Class 12 Business Studies

Important & Viva Questions for Class 12 Business Studies CBSE 2020, these Frequently Asked Questions are expected questions only and the contents are prepared by an experience and well qualified subject expert for 2020 exams.

Students are advised to read their practical file carefully. Questions can be asked from basics of Business Studies NCERT (which you have read in class – XI), basic terms, concept of basic terms, depreciation, errors and rectification, laws of company and the file that students prepare. Viva Questions for Class 12 Accountancy as well as Viva Questions for Class 12 Economics are also available for the preparation of CBSE 2020 Exams.
Conceptualised by Raju Bhatnagar.

Page Contents

1 Important Topics for 12 Business Studies
2 Important & Viva Questions on 12th Business Studies

Important & Viva Questions for Class 12 Business Studies

Class:	12
Subject:	Business Studies
Contents:	Important & Viva Questions

Important & Viva Questions for Class 12 B. St.

Important & Viva Questions for Class 12 Business Studies CBSE 2020 are given below to free download. Download NCERT Solutions and Offline Apps based on latest CBSE Syllabus of various subjects. Questions are prepared taking important topics of Business studies like Stock Exchange, Principles of Management, Marketing Management, etc.

Important Topics for 12 Business Studies

Questions based on STOCK EXCHANGE

What are primary markets and secondary market?
What are the main functions of SEBI?
What is Mid-cap, Large cap?
What is speculation?
Who is a bull and who is a bear?
What is NYSE?
When is circuit applied?
What is bridge financing?
How is stock exchange related to objective of financial management?
How is Finance Market and Stock Exchange same?
Who is known as big bull in India?
What is rights issue?
What are bonus shares?
What is pro-rata allotment?
How do you calculate EPS?
What is Dalal Street?
What is the effect of payment of dividend on share prices?

Questions based on PRINCIPLES OF MANAGEMENT

What does principles of management mean?
What are the contradictions between Fayol’s Principles and Taylor Principles?
Are the principles of Fayol’s and Taylor complementary?
What are the 7 important principles of Fayol.
What is mental revolution?
When is gang plank used?
Explain differential piece rate system.
Distinguish between Time Study and Motion Study.
What leads to specialisation?
Define authority and responsibility.

Questions based on MARKETING MANAGEMENT

Define the term Market.
Advertisement creates demand – Do you agree?
What is the brand name?
What are 4 P’s of marketing?
What are different Pricing strategies?
What is the full form of FMCG?
Who is known as father of marketing management?
What is the full form of AAA?
What is digital marketing?
What is meant by channels of distribution?
What is sales promotion?
What is the role of personal selling in marketing?
What is the modern marketing concept?
What is the objective of marketing management?
What is meant by market offering?

Important & Viva Questions on 12th Business Studies

What are primary markets and secondary market?

The sale of shares by a company directly to shareholders is primary market. The sale of securities via stock exchange/broker is a secondary market.

What is the meaning of Stock Exchange?

Stock exchange is an institution which helps/facilitates trading in shares/other securities.

What are the main functions of a stock exchange?

The stock exchange keeps a close watch on the activities of companies and brokers.

What are the full forms of NSE, BSE, SENSEX, NIFTY and SEBI?

NSE: National Stock Exchange.
BSE: Bombay Stock Exchange.
SENSEX: Sensitive Index.
NIFTY: National Stock Exchange Fifty Shares Index.
SEBI: Securities and Exchange Board of India.

What are the main functions of SEBI?

Protective, regulatory and developmental functions.

What does principles of management mean?

Principles of Management are general guidelines for decision making by managers.

What are the contradictions between Fayol’s Principles and Taylor Principles?

Fayol emphasised unity of command whereas, Taylor emphasised functional foremanship.

Are the principles of Fayol’s and Taylor complementary?

Yes. Though their approaches are different.

What are the 7 important principles of Fayol.

Division of labour, Authority and responsibility, Stability, Equity, Initiative, Espirit De Corps and Subordination of individual interest to general interest.

What is mental revolution?

Complete change of outlook on the part of managers and workers.

Define the term Market.

Market is any place where business is transacted.

Define the term Marketing Management.

Marketing management refers to planning organising and controlling activities relating to marketing.

What can be marketed?

Any good, service, idea or event can be marketed.

How is marketing different from selling?

Marketing is a much wider concept compare to selling. Marketing begins with market research and product planning and ends with customer satisfaction.

How is advertisement different from publicity?

Advertisement has to be paid for. Publicity is done by others for the organization.

What is sales promotion?

Short term incentives given to consumers to boost sales.

What is the role of personal selling in marketing?

Personal selling helps in clarifying doubts of the customer and attending to him at the time convenient to him.

What is the modern marketing concept?

Societal Marketing Concept. It means taking care of the society while marketing the product.

What is the objective of marketing management?

Increasing the volume of sales and brand building.

What is meant by market offering?

Market offering refers to complete offer for a good or service with given features like size, quality, price etc. at a given location or to a person after analysing his needs.