CBSE Class-10 Exam 2019 : All India Scheme
Question Paper-Paper-Elements of Business

• Subject : Elements of Business
• Time allowed : 3 hours
• Maximum Marks : 70
• Year : 2019

General Instructions :

(i) All questions are compulsory.
(ii) Questions from serial no. 1 to 16 are Multiple Choice Questions carrying one mark each. You have to write the correct option in your answer-book.
(iii) Questions from serial no. 17 to 22 carry 3 marks each. Answers to such questions should normally not exceed 70 words each.
(iv) Questions from serial no. 23 to 26 carry 4 marks each. Answers to such questions should normally normally not exceed 100 words each.
(v) Questions from serial no. 27 to 30 carry 5 marks each. Answers to such questions should normally not exceed 150 words each. 

Questions :

1.The Act that governs the joint stock companies in India is
(A) The Companies Act, 2006
(B) The Companies Act, 1996
(C) The Companies Act, 1956
(D) The Companies Act, 2013
OR
The official signature of a joint stock company to a document is
(A) Common Seal of the company
(B) Authorised Director’s signature
(C) Manager’s signature
(D) Company Secretary’s signature
 
2.Which one of the following is a characteristic of a Public Limited Company ?
(A) Transferable shares
(B) Limited number of members
(C) Limited capital
(D) Short life

3.For a company, debentures issued by it represent
(A) A long-term loan
(B) A short-term loan
(C) Owner’s capital
(D) An asset

4.Which one of the following is an internal source of finance ?
(A) Bank overdraft
(B) Retained earnings
(C) Debentures
(D) None of the above

5.Dividends are paid to
(A) Debentureholders
(B) Government
(C) Equity shareholders
(D) Employees
OR
Interest is not paid on
(A) Debentures
(B) Bank Loan
(C) Share Capital
(D) Public Deposits

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Courtesy: CBSE