Exam Pattern Overview
| Total Marks: 90 (Theory) | Duration: 3 hours |
|---|
| Part | Type | Questions | Marks Each | Total |
|---|---|---|---|---|
| A | MCQ + Fill-in-blank | 25 | 1 | 25 |
| B | Very short answer | 10 (answer 7) | 2 | 14 |
| C | Short answer | 8 (answer 5) | 3 | 15 |
| D | Long answer | 7 (answer 4) | 5 | 20 |
| Total | 74 |
Note: Actual paper structure may vary — check current year official model paper.
Part A — 1-Mark Questions (Sample Set)
1. BSE is located in __________. 2. The index of NSE is called __________. 3. SEBI was established in the year __________. 4. A demat account holds securities in __________ form. 5. The principle of insurance which prevents a person from making profit out of insurance is __________. 6. LIC provides __________ insurance. 7. A warehouse used to store imported goods until customs duty is paid is called __________. 8. The fastest mode of transport is __________. 9. Marketing mix consists of __________ Ps. 10. The stage in PLC where sales are at peak is __________. 11. Right to __________ means consumers must be protected from hazardous goods. 12. The National Commission handles claims above ₹__________ crore. 13. Full form of MSME: __________. 14. Startup India was launched in __________. 15. NABARD provides credit for __________ sector.
Part B — Very Short Answer (Sample Questions)
1. What is Sensex? 2. Distinguish between bull market and bear market. 3. What is a bonded warehouse? 4. Define marketing mix. 5. What is a brand mark? 6. State the right to information under COPRA. 7. What is an intrapreneur? 8. Define working capital. 9. What is trade credit? 10. Name two e-commerce platforms operating in India.
Suggested answers: 2–3 sentences each. Define the term, then add a distinguishing point.
Part C — Short Answer (Sample Questions)
1. Explain any three functions of SEBI. 2. Distinguish between life insurance and non-life insurance. 3. State any three rights of consumers under the Consumer Protection Act. 4. Explain any three types of banks in India. 5. What is Startup India? State any two benefits. 6. Distinguish between advertising and personal selling. 7. Explain the classification of MSMEs (revised 2020). 8. What are the short-term sources of finance?
Suggested approach: 3–4 points with sub-definitions, or a comparison table.
Part D — Long Answer (Sample Questions)
1. Explain the trading mechanism in a stock exchange. 2. Describe the functions of commercial banks. 3. Explain the stages of the product life cycle with a diagram. 4. Describe the three-tier consumer disputes redressal system. 5. Explain the sources of long-term finance for a business. 6. What are the qualities of a successful entrepreneur? Explain with examples. 7. Explain the principles of insurance with examples.
Approach for 5-mark answers:
- Introduction sentence (1 line)
- Minimum 6 numbered points (each 2–3 lines)
- Diagram where applicable (PLC, three-tier pyramid)
- Conclusion (1 line)
Answer Writing Tips
- Write chapter headings lightly in the margin for self-organisation
- Underline key terms (SEBI, COPRA, MSME etc.)
- Draw tables for comparisons — examiners appreciate structured answers
- For abbreviations, always write full form on first use
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