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The unofficial CUET UG Business Studies Answer Key 2024 prepared by subject experts can be checked here for all question paper sets Set A, B, C and D.
CUET UG Business Studies Answer Key 2024 (Image credit: Pexels)CUET UG Business Studies Answer Key 2024: The National Testing Agency conducted CUET UG Business Studies exam on May 17, 2024, from 3 PM to 3.45 PM. As per students' reviews, the Overall Business Studies exam was Easy to Moderate. The paper was completely NCERT-based. The CUET UG Business Studies paper includes 50 questions, out of which the candidates will have to answer 40 questions. Each question carries 5 marks and the total weightage of the paper is 200 marks. Also, there will be a negative marking of 1 mark for every incorrectly marked answer.
Here the candidates can check out the CUET UG Business Studies unofficial answer key 2024, with which the candidates can check out the correct answers and calculate their scores. Post that the NTA will release the CUET UG Business Studies official answer key tentatively in the first week of June 2024 on the official website. Along with the CUET UG Business Study answer key, the candidates can check out the detailed paper analysis here.
| CUET UG 2024 May 17 Answer Key 2024 | CUET UG Expected Cutoff 2024 for All Subjects |
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CUET UG Business Studies Unofficial Answer Key 2024 (All Sets)
Candidates will get 4 different sets of CUET UG Business Studies question papers, where the questions will be the same . Only the sequence of the Set A, B, C and D questions will be different. Check out the CUET UG Business Studies question paper and answers here in the given table. You can also check CUET Percentile Score 2024
Question | Answer | ||||||||||
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1. Find the correct sequence of needs as given by Maslow in his Need Hierarchy Theory:
| 3. (B) (A) (C) (D) | ||||||||||
| 2. __________ is a process of influencing behaviour of people to achieve organisational goal. | 3. Leadership | ||||||||||
3. Match List I with List II on the basis of meaning and name of the concept:
| 3. A-I B-II C-IV D-III | ||||||||||
| 4. Which of the following is a process of recruitment or inducing subordinates to act to achieve organization goals | 1. Motivation | ||||||||||
| 5. Which of the following is not a limitation of Controlling? | 3. Ensure order and discipline | ||||||||||
| 6. Identify the correct sequence of the Controlling process: | 4. C, B, D, A | ||||||||||
| 7. "Only a 5 percent in the labour cost while a 10 percent increase is seen in postal charges incurred". Explain critical point control in the context of this statement | 2. Critical point control | ||||||||||
| 8. Identify the function the Financial Market performs from the following statements: "Holders of assets can readily sell their financial assets through the mechanism of the financial market." | 2. Provide Liquidity to financial assets | ||||||||||
| 9. If any of the parties are not satisfied by the order of________, they can appeal against such order to the State Commission | 1. District commission | ||||||||||
| 10. Identify the importance of consumer protection discussed in the following lines-" Business organizations make money by selling goods and providing services to consumers. | 3. Social Responsibility | ||||||||||
| 11. Identify the consumer Right-"The consumer has the freedom to access a variety of products at competitive prices. | 3. Right to be Assured | ||||||||||
| 12. Identify the method of floatation in the primary market wherein a company sells securities enbloc at an agreed price to a broker. | 2. Offer for sale | ||||||||||
13. Match List I with List II on the basis of meaning and name of the concept:
| 4. A-III, B-IV, C-I, D-II | ||||||||||
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14. Identify the correct sequence of Organising function of management.
(A) Establishing authority and reporting relationships (B) Departmentalisation (C) Identification and division of work R） (D) Assignment of duties Choose the correct answer from the options given below : (1) (A), (B), (C), (D) (2) (A), (C), (B), (3) (B), (A), (D), (C) (D) (4) (C), (B), (D), (A) | (4) (C), (B), (D), (A) | ||||||||||
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15. The formal organization can be better understood by a study of its features which are as follows :
(A) It specifies the relationships among various job positions and the nature of their inter-relationship. This clarifies who has to report to whom (B) It is a means to achieve the objectives specified in the plans, as it lays down rules and procedures essential for their achievement. (C) Independent channels of communication without specified direction of flow of information are developed by group members. (D) It is deliberately designed by the top management to facilitate the smooth functioning of the organization. Which of the following options is correct? 1-(A), (B), and (D) only 2- (A), (B) and (C) only 3-(A), (B), (C) and (D) 4- (B), (C), and (D) only | 1-(A), (B) and (D) only | ||||||||||
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16. The informal organization offers many benefits, Important among them are given below :
(A) Prescribed lines of communication are not followed. Thus, informal organization leads to faster spread of information as well as quick feedback.% (B) It helps to fulfill the social needs of the members and allows them to find like-minded people. Ins enhances their job satisfaction since it gives them a sense of belongingness in the organization. (C) It contributes towards the fulfillment of organizational objectives by compensating for inadequacies in the formal organization! (D) Unity of command is maintained through an established chain of command. Choose the correct answer from the options given below : | A), (B), and (C) only | ||||||||||
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17. Identify the correct sequence of trading & settlement procedure :
(A) The investor has to sign a broker-client agreement. (B) The investor has to open a 'Demat' Account; (C) An order confirmation slip is issued to the investor by the broker. (D) The broker will then go online and connect to the main stock exchange. Choose the correct answer from the options given below (1) | 3. (B), (A), (D), (C) | ||||||||||
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18. The market where existing securities are bought and sold is known as
(1) Primary marker (2) Secondary market (3) Capital market (4) Financial market | 2 Secondary Market | ||||||||||
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19. Qualities of a successful entrepreneur do not include :
(1) Initiative (2) Self-confidence (3) Risk avoider (4) Wealth creators | (3) Risk avoider | ||||||||||
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20. Identify the function performed by SEBI: "It controls insider trading, and takeover bids and imposes penalties for such practices."
(1) Protective functions (2) Regulatory functions (3) Developmental functions (4) Preventive functions | (1) Protective functions | ||||||||||
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21. Financial management aims at choosing the best investment and financing alternatives their costs and benefits. Its objective is to :
(1) Increase the shareholders' wealth (2) Decrease the shareholders' wealth (3) Increase the shareholders' capital (4) Decrease the shareholders' capital | (1) Increase the shareholders' wealth | ||||||||||
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22. A proper matching of funds requirements and their availability is sought to be achieved
(1) Financial planning (2) Financial control (3) Capital budgeting (4) Investment Decisions | 1. Financial Planning | ||||||||||
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23. Debt is___________but is more ______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 | ||||||||||
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24. "Coordination unifies unrelated interests into purposeful work activity." Identify the nature of
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 | ||||||||||
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25. Akash Industries has installed a waste recycling plant on its premises and does not dump its waste material anymore. This plant is providing employment to many people. Identify the objective of management which the company is achieving by doing the aforesaid activity., (1) Social objective
(2) Economic objective (3) Personal objective (4) Growth | (1) Social objective | ||||||||||
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26. "Management always works by keeping an end result or am of the organization All activities of managers are directed towards the result." From the above statement, identify the features of management
(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 | ||||||||||
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27. The key position of top-level management is
(1) Managing Director (2) Production Manager (3) Marketing Manager (4) Plant Supervisor | (1) Managing Director | ||||||||||
28. Match List I with List II
| 2. A-IV, B-I, C-II, D-III | ||||||||||
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29. Which of the following are advantages of the functional structure of an organization?
(A) Leads to occupational specialization. (B) Places less emphasis on organizational objectives. (C) Promotes coordination and control within the department (D) Increases operational efficiency. Choose the correct answer from the options: | 3. A, C, and D only | ||||||||||
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30. In the above case "Just Foodie" is using various variables of Marketing Mix. Identify the variable from the following statement: "To make their products available to customers at right time, right place, they are also selling to grocery stores in addition to their own outlets."
(1) Product (2) Price (3) Promotion (4) Physical distribution | (4) Physical distribution | ||||||||||
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31. Identify the element of the marketing mix in the following 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 | ||||||||||
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32. "They are able to charge higher price than their competitors." Which element of the marketing mix is disc in the statement?
(1) Product mix (2) Price mix (3) Promotion mix (4) Physical distribution mix | (2) Price mix | ||||||||||
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33. "To increase their sales, they are using different offers like Free gifts, Cash back, etc. They are out discounts to customers on various occasions." Identify the marketing mix element from the above statement
(1) Product mix (2) Price mix (3) Promotion mix (4) Physical distribution mix | (3) Promotion mix | ||||||||||
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34. "To increase their sales, they are using different offers like Free gifts, Cash back, etc. They are out discounts to customers on various occasions." Which tool of the promotion mix is used in the below statement?
(1) Advertisement (2) Sales promotion (3) Personal Selling (4) Publicity | (2) Sales promotion | ||||||||||
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35. Identify the function of management highlighted in the above case
1-Organising' 2- Staffing 3- Directing 4 Planning | (4) Planning | ||||||||||
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36. "If the goals are well defined, employees are aware of what the organisation has to do and what they must do to achieve those goals." Identify the significance of the managerial function highlighted in this statement.
(1) Facilitates decision making (2) Reduces overlapping and wasteful activities (3) Reduces risks of uncertainty (4) Provides direction | (4) Provides direction | ||||||||||
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37, "Changes or events cannot be eliminated, but they can be anticipated and managerial responses to them can be developed." Identify the significance of the managerial function highlighted in this statement.
(1) Provides direction (2) Reduces risks of uncertainty (3) Reduces overlapping and wasteful activities (4) Facilitates decision making | (2) Reduces risks of uncertainty | ||||||||||
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38. "Policy formation serves as the basis of coordinating the activities and efforts of different divi departments and individuals. It helps in avoiding confusion and misunderstanding." Identify the significance of the managerial function highlighted in this statement.
(1) Facilitates decision making (2) Reduces risks of uncertainty (3) Provides direction (4) Reduces overlapping and wasteful activities | (4) Reduces overlapping and wasteful activities | ||||||||||
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39. "Manager can look into the future and make a choice from amongst various alternativIdentify the significance of managerial function highlighted in this statement.
(1) Provides direction (2) Reduces risks of uncertainty (3) Reduces overlapping and wasteful activities (4) Facilitates decision making | (3) Reduces overlapping and wasteful activities | ||||||||||
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40. Identify the Principle of Management where Taylor pioneered the 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 and every person to the greatest efficiency and prosperity | (1) Science, not rule of thumb | ||||||||||
41. Match List I with List II
(1) (A) - (I), (B) - (I), (C) - (III), (D) - (IV) (2) (A) - (1), (B) - (III, (C) - (I), (D) - (IV) (3) (A) - (I), (B) - (I), (C) - (IV), (D) - (III ) (4) (A) - (III), (B) - (IV), (C) - (I). (D) - (Il) | (4) (A) - (III), (B) - (IV), (C) - (I). (D) - (Il) | ||||||||||
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42. The aim of which technique given by F.W. Taylor is to reduce a given line or a product to fixed types, sizes, and characteristics?
(1) Method study (2) Time study (3) Standardlisation of work (4) Functional foremanship | (3) Standardlisation of work | ||||||||||
43 Match List I with List II
| (3) (A) - (I), (B) - (II), (C) - (IV), (D) - (III ) | ||||||||||
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44. Under which dimension of the business environment is "Online Booking of Air Tickets" included?
(1) Legal dimension (2) Economic dimension (3) Technical dimension (4) Social dimension | (3) Technical dimension | ||||||||||
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45. Which of the following is an example of economic environment ?
(1) Money supply in economy (2) Constitution of the country (3) Life expectancy (4) Population skills | (1) Money supply in economy | ||||||||||
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46. Which of the following is an example of a legal environment ?
(1) Death/Birth Ratio (2) Trade Union Act (3) Prevailing Political System (4) Public Debt | (2) Trade Union Act | ||||||||||
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47. Which of the following does not characterize the business environment ?
(1) Inter-related (2) External forces (3) Market orientation and product (4) Relativity | (3) Market orientation and product | ||||||||||
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48. 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 from the options given below: | 2. A, C,B,D | ||||||||||
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49. Identify the correct sequence of the Selection process :
(A) Selection decision (B) Employment interview (C) Selection tests (D) Reference Checking | 4. C,B,D,A | ||||||||||
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50. It is a joint programme of training in which educational institutions and business firms cooperate. Identify the method of training
A- Vestibulr training B-Apprenticeship training C Internship training D Job rotation | C Internship training |
Also read | CUET UG Business Studies Percentile Score 2024
CUET UG Business Studies Question Paper Analysis 2024 (Available)
The detailed question paper analysis of CUET UG Business Studies 2024 can be checked below -
Aspect | Analysis |
|---|---|
Difficulty Level | Easy to Moderate |
Difficulty Level of Principles and Functions of Management | Easy to Moderate |
Difficulty Level of Business Finance and Marketing | Moderate |
Topics with Maximum Weightage | To be Updated |
Were there any out-of-syllabus questions? | No |
Expected Number of Good Attempts | 35+ questions |
Was the paper time-consuming? | No |
Marks vs Percentile
| Range | Expected Percentile |
|---|---|
| 170 Marks | Expected Percentile for 170 Marks in CUET 2024 |
| 160 Marks | Expected Percentile for 160 Marks in CUET 2024 |
| 150 Marks | Expected Percentile for 150 Marks in CUET 2024 |
| 140 Marks | Expected Percentile for 140 Marks in CUET 2024 |
| 130 Marks | Expected Percentile for 130 Marks in CUET 2024 |
| 120 Marks | Expected Percentile for 120 Marks in CUET 2024 |
Percentile vs Marks
