Instructions
- Time: 45 minutes
- Total marks: 30
- Write short answers in points.
- Use comparison tables wherever suitable.
Portion Covered
- Principles of Management
- Functions of Management
- Management by Objectives and Management by Exception
- Financial Market
- Capital Market
- Money Market
Section A — One Mark Each
1. Define management. 2. Who is associated with the principles of scientific management? 3. Expand MBO. 4. Which market deals in short-term funds? 5. Name one capital-market instrument. 6. What is another name for the primary market? 7. Name one money-market instrument issued by government. 8. Which market gives liquidity to existing securities? 9. State one feature of money market. 10. Write one function of financial market.
Section B — Two Marks Each
1. State any two functions of management. 2. Write any two benefits of planning. 3. Give two differences between money market and capital market. 4. What is primary market? 5. State any two functions of financial market.
Section C — Five Marks Each
1. Explain the major functions of management. 2. Distinguish between primary market and secondary market. 3. Explain the importance of money market.
Answer-Writing Guide
- For definition questions, begin with the exact textbook term.
- For difference questions, draw a two-column table.
- For five-mark answers, use headings and explain each point in one or two lines.
- Underline key words such as short-term funds, liquidity, capital formation, and planning.
Self-Review Checklist
- [ ] I used the correct business terms.
- [ ] I did not confuse money market and capital market.
- [ ] I wrote complete sentences for short answers.
- [ ] I used headings in long answers.
- [ ] I corrected every weak answer after checking the textbook.