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Important Questions

Nature and Scope of Business

Telangana Open School (TOSS) · Class 12 · Business Studies

Most important questions from Nature and Scope of Business for Telangana Open School (TOSS) Class 12 Business Studies board exam 2026. MCQs, short answer, and long answer questions with marks.

44 questions28 flashcards5 concepts

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44 Questions·
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Sample Questions

1multiple choice
1 marks

What is the reward in business?

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Profit

The main objective of business is to earn profit, which is the financial gain after deducting expenses from revenue.

2multiple choice
1 marks

Which of the following is NOT a feature of business?

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No risk involved

Every business involves risk due to uncertainties like market changes, natural disasters, etc. Risk is an essential element of business.

3multiple choice
1 marks

Which of the following is a primary industry?

Show answer

Agriculture

Primary industries involve extraction or production of raw materials like agriculture, mining, fishing, etc.

4multiple choice
1 marks

What is the main purpose of employment?

Show answer

To earn a livelihood through salary

The main motive behind employment is to secure assured income through wages or salaries.

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Frequently Asked Questions

What are the important topics in Nature and Scope of Business for Telangana Open School (TOSS) Class 12 Business Studies?
Nature and Scope of Business covers several key topics that are frequently asked in Telangana Open School (TOSS) Class 12 board exams. Focus on the core concepts listed on this page and practise related questions to build confidence.
How to score full marks in Nature and Scope of Business — Telangana Open School (TOSS) Class 12 Business Studies?
Understand the core concepts first, then work through the 44 practice questions available for this chapter. Revise formulas and definitions regularly, and use flashcards for quick recall before the exam.
How many important questions are there in Nature and Scope of Business?
There are 44 practice questions available for Nature and Scope of Business. These cover multiple question types including MCQs, short answer, and long answer questions.

Sources & Official References

Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.

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