| Updated On - Nov 25, 2024
CUET Business Studies Question Paper 2024 (Set D) 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 D) PDF Download
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CUET Business Studies Answer Key (Set D)
| Question (with Options) | Answer Key | Solution |
|---|---|---|
| Match List-I with List-II. List-I List-II (A) Intelligence test (I) Indicator of a person’s capacity to develop (B) Aptitude test (II) Clues to a person’s emotions, values, etc. (C) Personality test (III) Measure existing skills of the individual (D) Trade test (IV) Indicator of a person’s learning ability and ability to make judgements Choose the correct answer: 1. (A) - (I), (B) - (II), (C) - (III), (D) - (IV) 2. (A) - (IV), (B) - (I), (C) - (II), (D) - (III) 3. (A) - (II), (B) - (III), (C) - (I), (D) - (IV) 4. (A) - (I), (B) - (III), (C) - (IV), (D) - (II) |
(2) (A) - (IV), (B) - (I), (C) - (II), (D) - (III) | (A) Intelligence test (IV): Assesses learning ability and judgment. (B) Aptitude test (I): Indicates capacity to develop skills. (C) Personality test (II): Reveals emotions, values, etc. (D) Trade test (III): Measures existing job-related skills. Correct matching: (A) - (IV), (B) - (I), (C) - (II), (D) - (III). |
| Which of the following are advantages of functional structure of an organisation? (A) Leads to occupational specialization. (B) Places less emphasis on organizational objectives. (C) Promotes coordination and control within a department. (D) Increases operational efficiency. Choose the correct answer: 1. (A), (B) and (C) only 2. (A) and (B) only 3. (A), (C) and (D) only 4. (C) and (D) only |
(3) (A), (C) and (D) only | (A) Occupational specialization fosters efficiency. (B) Incorrect, as it misrepresents the emphasis on objectives. (C) Promotes internal coordination within departments. (D) Increases operational efficiency through streamlined workflows. Thus, (A), (C), and (D) are correct. |
| "Management always works by keeping an end result or aim of the organisation. All activities of managers are directed towards the end result." Identify the feature: 1. Management is multidimensional 2. Management is continuous 3. Management is intangible 4. Management is a goal-oriented process |
(4) Management is a goal-oriented process | The statement describes goal orientation, as managerial activities focus on achieving organizational objectives. |
| The key position of top-level management is: 1. Managing Director 2. Production Manager 3. Marketing Manager 4. Plant Supervisor |
(1) Managing Director | The Managing Director is responsible for strategic direction and leadership, distinguishing this top-level role from middle management. |
| In the case of “Just Foodie,” identify the marketing mix variable: "To make their products available to customers at the right time, right place, they are also selling their products to grocery stores in addition to their own outlets." 1. Product 2. Price 3. Promotion 4. Physical distribution |
(4) Physical distribution | This refers to the distribution strategy ensuring products reach customers efficiently through selected channels. |
| Identify the element of marketing mix in the statement: "The taste, quality and packing are given utmost care." 1. Product mix 2. Price mix 3. Promotion mix 4. Physical distribution mix |
(1) Product mix | The focus is on product characteristics like taste, quality, and packaging, making it a part of the product mix. |
| "They are able to charge higher price than their competitors." Which element of marketing mix is discussed? 1. Product mix 2. Price mix 3. Promotion mix 4. Physical distribution mix |
(2) Price mix | The statement highlights the pricing strategy, which is a part of the price mix in the marketing mix. |
| "To increase their sales, they are using different offers like: Free gifts, Cash backs etc. They are offering discounts to customers on various occasions." Identify the marketing mix element. 1. Product mix 2. Price mix 3. Promotion mix 4. Physical distribution mix |
(3) Promotion mix | The statement involves promotional activities such as discounts and offers, which are a part of the promotion mix. |
| "Manager can look into the future and make a choice from amongst various alternative courses of action." Identify the significance of managerial function highlighted. 1. Provides direction 2. Reduces risks of uncertainty 3. Reduces overlapping and wasteful activities 4. Facilitates decision making |
(4) Facilitates decision making | Planning allows managers to evaluate alternatives and select the best course of action, thus facilitating decision making. |
| Identify the Principle of Management pioneered by Taylor: "Introduction of 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 person to greatest efficiency |
(1) Science, not rule of thumb | Taylor emphasized systematic scientific methods to improve efficiency, replacing traditional rule-of-thumb approaches. |
| Match List-I with List-II: List-I List-II (A) Employees turnover should be minimised (I) Stability of personnel (B) Emphasizes kindness and justice (II) Equity (C) Chain of authority from top to bottom (III) Esprit de corps (D) Promotes team spirit (IV) Scalar chain Choose the correct answer: 1. (A) - (I), (B) - (II), (C) - (IV), (D) - (III) 2. (A) - (I), (B) - (III), (C) - (II), (D) - (IV) 3. (A) - (III), (B) - (IV), (C) - (I), (D) - (II) 4. (A) - (I), (B) - (II), (C) - (IV), (D) - (III) |
(1) (A) - (I), (B) - (II), (C) - (IV), (D) - (III) | (A) Stability of personnel minimizes turnover. (B) Equity emphasizes fairness and justice. (C) Scalar chain represents a chain of authority. (D) Esprit de corps promotes team spirit. |
| 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 systems are part of technological advancements, which belong to the technical dimension of the business 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 is part of the legal environment, impacting labor relations and business operations. |
| Which of the following does not characterize business environment? 1. Inter-related 2. External forces 3. Market orientation and product 4. Relativity |
(3) Market orientation and product | While the business environment is characterized by interrelatedness, external forces, and relativity, market orientation is not a defining feature. |
| 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: 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) | Planning starts with setting objectives (A), then developing premises (C), identifying alternatives (B), and evaluating options (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: 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 follows: selection tests (C), employment interview (B), reference checking (D), and final decision (A). |
| “It is a joint programme 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 involves collaboration between businesses and educational institutions to provide practical experience. |
| 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 introduced to superiors (II) Orientation (C) Learning skills related to a job (III) Recruitment (D) Searching for prospective employees (IV) Training 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) |
(3) (A) - (I), (B) - (II), (C) - (IV), (D) - (III) | (A) Selection involves choosing the best candidate. (B) Orientation introduces candidates to superiors. (C) Training focuses on skill development. (D) Recruitment searches for potential candidates. |
| 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 | While controlling may face limitations like cost and resistance, ensuring order and discipline is a benefit, not a limitation. |
| 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. Mobilisation of savings and channeling them into productive uses |
(2) Provide liquidity to financial assets | The statement reflects the liquidity function of financial markets, enabling quick conversion of assets into cash. |
| Debt is cheaper but more risky 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 tax advantages on interest but riskier due to fixed repayment obligations. |
| "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 emphasizes integration of diverse efforts, aligning with the nature of coordination as integrating group efforts. |
| Akash Industries has installed a waste recycling plant providing employment and reducing waste. Identify the management objective: 1. Social objective 2. Economic objective 3. Personal objective 4. Growth |
(1) Social objective | The activity reflects a commitment to social responsibility, focusing on environmental and community welfare. |
| 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: 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 begins with setting up standards (C), measuring actual performance (B), comparing performance with standards (D), and then analyzing deviations (A). |
| “Only a 5% increase in labour cost may be more troublesome than a 15% increase in postal charges.” Identify the concept: 1. Deviation 2. Critical point control 3. Break-even analysis 4. Critical path method |
(2) Critical point control | The statement reflects critical point control, where a small change in a critical area can have a significant impact. |
| 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 influences economic activities and is a core aspect of the economic environment. |
| Identify the Consumer Right: “The consumer has the freedom to access a variety of products at competitive prices. This implies marketers should offer a wide variety 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 emphasizes consumer choice and variety, which align with the Right to be Assured. |
| Identify the method of floatation in the Primary Market: “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 | In an "Offer for Sale," securities are sold in bulk to a broker at an agreed price. |
| Identify the Principle of Management: "Employees turnover should be minimized." 1. Stability of personnel 2. Equity 3. Scalar chain 4. Esprit de corps |
(1) Stability of personnel | Stability of personnel emphasizes minimizing employee turnover to maintain workforce consistency. |
| Identify the correct sequence of the 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 begins with identifying work (C), grouping tasks (B), assigning duties (D), and 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, not avoiders. They balance risks to achieve wealth and growth. |
| 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 regulates market practices such as insider trading and takeovers to ensure compliance and fairness. |
CUET Questions
1. A sample size of \(x\) is considered to be sufficient to hold the Central Limit Theorem (CLT). The value of \(x\) should be:
A sample size of \(x\) is considered to be sufficient to hold the Central Limit Theorem (CLT). The value of \(x\) should be:
- less than 20
- greater than or equal to 30
- less than 30
- sample size does not affect the CLT
3. 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
4. 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:
- \(\frac{609}{625}\)
- \(\frac{16}{625}\)
- \(\frac{513}{625}\)
- \(\frac{112}{625}\)
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. 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:
- \( \frac{1}{4t\sqrt{t}} \)
- \({2t^2} \)
- \( \frac{\log_e 3}{4t\sqrt{t}} \)
- \( \frac{2t^2}{e^{\frac{1}{2}\log_e t}} \)
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