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ISC Class 12 Business Studies — practice by topic

Browse 148 questions across 2 Business Studies topics. Choose what you want to revise, then open a question to check its answer and worked solution.

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Business Studies topics

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Worked practice questions

Sound financial planning aims to ensure that the firm has:

  1. no shareholders at all
  2. the maximum possible number of loans
  3. neither a shortage nor an idle surplus of funds
  4. only fixed assets and no cash
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Correct answer: C. neither a shortage nor an idle surplus of funds

Good financial planning avoids both shortage and idle surplus of funds.

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The use of fixed-cost debt funds to increase the return to equity shareholders is known as:

  1. cash discounting
  2. financial leverage (trading on equity)
  3. capital budgeting
  4. working capital management
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Correct answer: B. financial leverage (trading on equity)

Financial leverage (trading on equity) uses debt to lift equity returns.

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The consumer right that protects against goods hazardous to life and health is the:

  1. Right to seek Redressal
  2. Right to Safety
  3. Right to Choose
  4. Right to be Heard
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Correct answer: B. Right to Safety

Right to Safety guards against goods/services hazardous to life and health.

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How to practise

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  2. Open the question to check the correct answer and read its worked solution.
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