| Updated On - Nov 25, 2024
CUET Business Studies Question Paper 2024 (Set C) is available here for Download. NTA is going to conduct CUET 2024 Business Studies paper on 17 May in Shift 2A from 3 PM to 3:45 PM. CUET Business Studies Question Paper 2024 is based on objective-type questions (MCQs). Candidates get 45 minutes to solve 40 MCQs out of 50 in CUET 2024 question paper for Business Studies.
CUET Business Studies Question Paper 2024 (Set C) PDF Download
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CUET 2024 Business Studies Answer Key (Set C)
| Questions | Answer Key | Solution |
|---|---|---|
| Find the correct sequence of needs as given by Maslow in his Need Hierarchy Theory. (A) Belongingness needs (B) Safety and Security needs (C) Self-actualisation needs (D) Esteem needs Choose the correct answer from the options given below: 1. (A), (B), (C), (D) 2. (A), (C), (B), (D) 3. (B), (A), (D), (C) 4. (C), (B), (D), (A) |
(3) (B), (A), (D), (C) | Maslow’s hierarchy of needs posits a hierarchical structure where lower-level needs must be met before higher-level needs become primary motivators. The correct sequence is: (B) Safety and Security needs, then (A) Belongingness needs, followed by (D) Esteem needs, and finally (C) Self-actualisation needs. |
| “ is a process of influencing the behaviour of people by making them strive voluntarily towards achievement of organisational goals.” 1. Motivation 2. Supervision 3. Leadership 4. Communication |
(3) Leadership | Leadership is the process of influencing individuals to work towards organizational goals willingly. While motivation is a component, leadership encompasses the broader scope of inspiring and guiding individuals toward collective success. |
| Match List-I with List-II on the basis of meaning and name of the concept: List-I List-II (A) Choosing the most appropriate candidate (I) Selection (B) Candidate is given an introduction to superiors (II) Orientation (C) Learning the skills related to a job (III) Recruitment (D) Searching for prospective employees (IV) Training Choose the correct answer from the options given below: 1. (A) - (I), (B) - (II), (C) - (III), (D) - (IV) 2. (A) - (I), (B) - (III), (C) - (II), (D) - (IV) 3. (A) - (I), (B) - (II), (C) - (IV), (D) - (III) 4. (A) - (III), (B) - (IV), (C) - (I), (D) - (II) |
(3) (A) - (I), (B) - (II), (C) - (IV), (D) - (III) | (A) Choosing the most appropriate candidate corresponds to Selection. (B) Introducing a candidate to superiors is Orientation. (C) Learning job-related skills refers to Training. (D) Searching for employees is Recruitment. |
| Which of the following is a process of incitement or inducing subordinates to act in a desired manner to achieve organisational goals? 1. Motivation 2. Supervision 3. Leadership 4. Communication |
(1) Motivation | Motivation is the process of stimulating individuals to act in a way that contributes to organizational goals. It involves influencing behavior through incentives and appeals. |
| Which of the following is not a limitation of Controlling? 1. Costly affair 2. Resistance from employees 3. Ensure order and discipline 4. Little control on external factors |
(3) Ensure order and discipline | Controlling helps maintain order and discipline in an organization. This is a benefit and not a limitation. |
| Identify the correct sequence of Controlling process: (A) Analyzing deviations (B) Measurement of actual performance (C) Setting up standards (D) Comparison of actual performance with standards Choose the correct answer from the options given below: 1. (A), (B), (C), (D) 2. (A), (C), (B), (D) 3. (B), (A), (D), (C) 4. (C), (B), (D), (A) |
(4) (C), (B), (D), (A) | The controlling process starts with setting up standards (C), measuring actual performance (B), comparing performance with standards (D), and finally analyzing deviations (A). |
| ”Only a 5% increase in labor cost may be more troublesome than a 15% increase in postal charges.” Identify the concept pointed out in the statement. 1. Deviation 2. Critical point control 3. Break-even analysis 4. Critical path method |
(2) Critical point control | The statement highlights that small changes in critical areas like labor cost can have larger impacts than changes in less critical areas. This reflects the concept of critical point control. |
| Identify the function performed by Financial Market from the following statement: ”Holders of assets can readily sell their financial assets through the mechanism of the financial market.” 1. Reduce the cost of transactions 2. Provide liquidity to financial assets 3. Facilitate price discovery 4. Mobilization of savings and channeling them into the most productive uses |
(2) Provide liquidity to financial assets | Financial markets provide liquidity by enabling investors to buy or sell assets easily without significant price impact. |
| If any of the parties are not satisfied by the order of , they can appeal against such order to the State Commission on the grounds of facts or law within a period of forty-five days from the date of order. 1. District Commission 2. State Commission 3. National Commission 4. Local Court |
(1) District Commission | Appeals against the orders of the District Commission can be made to the State Commission within 45 days. |
| Identify the importance of consumer protection discussed in the following lines: “Business organizations make money by selling goods and providing services to consumers. Thus, consumers form an important group among the many stakeholders of business and like other stakeholders, their interest has to be well taken care of.” 1. Moral justification 2. Business uses society’s resources 3. Social responsibility 4. Long-term interest of business |
(3) Social responsibility | The statement emphasizes the ethical responsibility of businesses to protect consumer interests, which is a key aspect of social responsibility. |
| Identify the Consumer Right: “The consumer has the freedom to access a variety of products at competitive prices. This implies that marketers should offer a wide variety of products in terms of quality, brand, price, size, etc.” 1. Right to Safety 2. Right to Seek Redressal 3. Right to be Assured 4. Right to Consumer Education |
(3) Right to be Assured | The statement relates to the Right to be Assured, which ensures consumers can choose freely among a variety of products offered at competitive prices. |
| Identify the method of floatation in the Primary Market wherein a company sells securities en bloc at an agreed price to a broker. 1. Rights issue 2. Offer for sale 3. e-IPOs 4. Offer through Prospectus |
(2) Offer for sale | The method described is "Offer for Sale," where a company sells securities in bulk to a broker at a pre-determined price, avoiding the complexities of a public issue. |
| Match List-I with List-II on the basis of Management Principles: List-I (Meaning) List-II (Term) (A) Right to command (I) Answerability (B) Obligation to perform task (II) Delegation (C) Accountability (III) Authority (D) Basis of management hierarchy (IV) Responsibility Choose the correct answer: 1. (A) - (I), (B) - (II), (C) - (III), (D) - (IV) 2. (A) - (I), (B) - (III), (C) - (II), (D) - (IV) 3. (A) - (II), (B) - (III), (C) - (IV), (D) - (III) 4. (A) - (III), (B) - (IV), (C) - (I), (D) - (II) |
(4) (A) - (III), (B) - (IV), (C) - (I), (D) - (II) | (A) Authority refers to the right to command. (B) Responsibility involves the obligation to perform tasks. (C) Accountability means being answerable for actions. (D) Delegation establishes the management hierarchy. |
| Identify the correct sequence of Organizing function of management: (A) Establishing authority and reporting relationships (B) Departmentalization (C) Identification and division of work (D) Assignment of duties Choose the correct answer: 1. (A), (B), (C), (D) 2. (A), (C), (B), (D) 3. (B), (A), (D), (C) 4. (C), (B), (D), (A) |
(4) (C), (B), (D), (A) | The sequence starts with identifying and dividing work (C), grouping tasks into departments (B), assigning duties (D), and finally establishing authority relationships (A). |
| Qualities of a successful entrepreneur do not include: 1. Initiative 2. Self-confidence 3. Risk avoider 4. Wealth creators |
(3) Risk avoider | Successful entrepreneurs are risk-takers who take calculated risks to achieve their goals. Risk avoidance is contrary to this trait. |
| Identify the function performed by SEBI: “It controls insider trading, takeover bids and imposes penalties for such practices.” 1. Protective functions 2. Regulatory functions 3. Developmental functions 4. Preventive functions |
(2) Regulatory functions | SEBI's regulatory functions include monitoring insider trading, overseeing takeovers, and imposing penalties to ensure market integrity and compliance. |
| Financial management aims at choosing the best investment and financing alternatives by focusing on their costs and benefits. Its objective is to: 1. Increase the shareholders’ wealth 2. Decrease the shareholders’ wealth 3. Increase the shareholders’ capital 4. Decrease the shareholders’ capital |
(1) Increase the shareholders’ wealth | The ultimate goal of financial management is to maximize shareholder wealth by making sound investment and financing decisions. |
| A proper matching of funds requirements and their availability is sought to be achieved by: 1. Financial planning 2. Financial control 3. Capital budgeting 4. Investment decisions |
(1) Financial planning | Financial planning involves forecasting future funds requirements and ensuring their availability to meet business needs. |
| Debt is but is more for a business because the payment of interest and the return of principal is obligatory for the business. 1. Cheaper, risky 2. Cheaper, safe 3. Expensive, risky 4. Expensive, safe |
(1) Cheaper, risky | Debt is cheaper due to the tax benefits on interest payments but is riskier because of fixed repayment obligations, which must be met regardless of business performance. |
| “Coordination unifies unrelated interests into purposeful work activity.” Identify the nature of coordination. 1. Coordination is an all-pervasive function 2. Coordination is a continuous process 3. Coordination ensures unity of action 4. Coordination integrates group efforts |
(4) Coordination integrates group efforts | The statement highlights the integrating nature of coordination, which aligns the diverse efforts of individuals toward achieving organizational goals. |
| Akash Industries has installed a waste recycling plant in its premises and does not dump their waste material anymore. This plant is providing employment to many people. Identify the objective of management which the company is achieving by doing the aforesaid activity. 1. Social objective 2. Economic objective 3. Personal objective 4. Growth |
(1) Social objective | By reducing waste and providing employment, Akash Industries is addressing its social objectives, contributing to environmental sustainability and community welfare. |
| Identify the Principle of Management where Taylor pioneered the introduction of the method of scientific inquiry into the domain of management practice. 1. Science, not rule of thumb 2. Harmony, not discord 3. Cooperation, not individualism 4. Development of each and every person to the greatest efficiency and prosperity |
(1) Science, not rule of thumb | Taylor’s principle of "Science, not rule of thumb" emphasized the application of scientific methods to replace traditional practices, ensuring efficiency and accuracy. |
| Match List-I with List-II on the basis of Management Principles: List-I List-II (A) Obedience to organizational rules (I) Unity of direction (B) One boss for every individual employee (II) Remuneration of employees (C) One head and one plan (III) Discipline (D) Remuneration should be just and equitable (IV) Unity of command Choose the correct answer: 1. (A) - (I), (B) - (II), (C) - (III), (D) - (IV) 2. (A) - (I), (B) - (III), (C) - (II), (D) - (IV) 3. (A) - (I), (B) - (II), (C) - (IV), (D) - (III) 4. (A) - (III), (B) - (IV), (C) - (I), (D) - (II) |
(4) (A) - (III), (B) - (IV), (C) - (I), (D) - (II) | (A) Discipline refers to obedience to rules. (B) Unity of command ensures one boss per employee. (C) Unity of direction implies one head and one plan. (D) Equity ensures fair remuneration for employees. |
| Under which dimension of business environment is “Online Booking of Air Tickets” included? 1. Legal dimension 2. Economic dimension 3. Technical dimension 4. Social dimension |
(3) Technical dimension | Online booking of air tickets represents a technological advancement, which falls under the technical dimension of the business environment. |
| Which of the following is an example of economic environment? 1. Money supply in the economy 2. Constitution of the country 3. Life expectancy 4. Population shifts |
(1) Money supply in the economy | Money supply directly impacts economic activities and is a key component of the economic environment. |
| Which of the following is an example of legal environment? 1. Death/Birth Ratio 2. Trade Union Act 3. Prevailing Political System 4. Public Debt |
(2) Trade Union Act | The Trade Union Act directly influences labor relations and forms part of the legal environment, which includes laws and regulations affecting businesses. |
| Which of the following does not characterize the business environment? 1. Inter-related 2. External forces 3. Market orientation and product 4. Relativity |
(3) Market orientation and product | The business environment is characterized by inter-relatedness, external forces, and relativity. Market orientation is not a defining characteristic of the business environment. |
| Identify the correct sequence of steps under the Planning function: (A) Setting objectives (B) Identifying alternative courses of action (C) Developing premises (D) Evaluating alternative courses of action Choose the correct answer from the options given below: 1. (A), (B), (C), (D) 2. (A), (C), (B), (D) 3. (B), (A), (D), (C) 4. (C), (B), (D), (A) |
(2) (A), (C), (B), (D) | The logical sequence of planning involves: Setting objectives (A), Developing premises (C), Identifying alternative actions (B), and Evaluating those alternatives (D). |
| Identify the correct sequence of the Selection process: (A) Selection decision (B) Employment interview (C) Selection tests (D) Reference checking Choose the correct answer from the options given below: 1. (A), (B), (C), (D) 2. (A), (C), (B), (D) 3. (B), (A), (D), (C) 4. (C), (B), (D), (A) |
(4) (C), (B), (D), (A) | The sequence starts with Selection tests (C), followed by Employment interviews (B), Reference checking (D), and finally the Selection decision (A). |
| “It is a joint program of training in which educational institutions and business firms cooperate.” Identify the method of training. 1. Vestibule training 2. Apprenticeship training 3. Internship training 4. Job rotation |
(3) Internship training | Internship training is a collaborative program between educational institutions and businesses to provide hands-on experience to students. |
CUET Questions
1. The cost of a machinery is ₹8,00,000. Its scrap value will be one-tenth of its original cost in 15 years. Using the linear method of depreciation, the book value of the machine at the end of the 10th year will be:
The cost of a machinery is ₹8,00,000. Its scrap value will be one-tenth of its original cost in 15 years. Using the linear method of depreciation, the book value of the machine at the end of the 10th year will be:
- ₹4,80,000
- ₹3,20,000
- ₹3,68,000
- ₹4,32,000
2. If \( y = e^{{2}\log_e t} \) and \( x = \log_3(e^{t^2}) \), then \( \frac{dy}{dx} \) is equal to:
If \( y = e^{{2}\log_e t} \) and \( x = \log_3(e^{t^2}) \), then \( \frac{dy}{dx} \) is equal to:
- \( \frac{1}{4t\sqrt{t}} \)
- \({2t^2} \)
- \( \frac{\log_e 3}{4t\sqrt{t}} \)
- \( \frac{2t^2}{e^{\frac{1}{2}\log_e t}} \)
3. For predicting the straight-line trend in the sales of washing machines (in thousands) on the basis of 8 consecutive years' data, the company calculates 4-year moving averages. If the sales of washing machines for respective years are \( a, b, c, d, e, f, g, \) and \( h \), then which of the following averages will be computed?
(A) \( \frac{a + b + c + d}{4} \)
(B) \( \frac{a + c + d + e}{4} \)
(C) \( \frac{c + d + f + h}{4} \)
(D) \( \frac{b + c + d + e}{4} \)
Choose the correct answer from the options given below:
For predicting the straight-line trend in the sales of washing machines (in thousands) on the basis of 8 consecutive years' data, the company calculates 4-year moving averages. If the sales of washing machines for respective years are \( a, b, c, d, e, f, g, \) and \( h \), then which of the following averages will be computed?
(A) \( \frac{a + b + c + d}{4} \)
(B) \( \frac{a + c + d + e}{4} \)
(C) \( \frac{c + d + f + h}{4} \)
(D) \( \frac{b + c + d + e}{4} \)
Choose the correct answer from the options given below:
(A) \( \frac{a + b + c + d}{4} \)
(B) \( \frac{a + c + d + e}{4} \)
(C) \( \frac{c + d + f + h}{4} \)
(D) \( \frac{b + c + d + e}{4} \)
Choose the correct answer from the options given below:
- (A), (B), and (D) only
- (A) and (D) only
- (C) and (D) only
- (B), (C), and (D) only
5. For the curve \( y(1 + x^2) = 2 - x \), if \(\frac{dy}{dx} = \frac{1}{A}\) at the point where the curve crosses the x-axis, then the value of \( A \) is:
For the curve \( y(1 + x^2) = 2 - x \), if \(\frac{dy}{dx} = \frac{1}{A}\) at the point where the curve crosses the x-axis, then the value of \( A \) is:
- 5
- -5
- -1
- 0
6. In a series of 4 trials, the probability of getting two successes is equal to the probability of getting three successes. The probability of getting at least one success is:
In a series of 4 trials, the probability of getting two successes is equal to the probability of getting three successes. The probability of getting at least one success is:
- \(\frac{609}{625}\)
- \(\frac{16}{625}\)
- \(\frac{513}{625}\)
- \(\frac{112}{625}\)
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