Question Paper Booklet No. Time Allowed: 1 hour …

1 : 1 :BEE(311) & BMEC(312)2/2013/BEE & BMEC ANSWERS MARKED IN THE OMR ANSWER SHEET SHALL ONLY BE Paper Booklet CODE : ABEE(311) & BMEC(312) Question Paper Booklet No. Roll No. : time allowed : 1 hour 30 minutesMaximum Marks : 200 Total Number of Questions: 100 (50 Questions in each Paper )Total No. of Printed Pages : 20 Instructions should use blue/black ballpoint pen ONLY to fill-in all the required information inOMR Answer Sheet and this Question Paper Sheet cannot be taken out from the Examination Hall by the examinees and the same isrequired to be properly handed over to the Invigilator/Supervisory staff on duty andacknowledgement be obtained for doing so on the Admit Card before leaving the are required to correctly fill-in the Question Paper Booklet Code and the QuestionPaper Booklet No.

2 (as mentioned on the top of this Booklet ) in the OMR Answer Sheet, as thesame will be taken as final for result computation. Institute shall not undertake any responsibilityfor making correction(s) at later Question Paper Booklet consists of two papers, each having 50 questions. All questions arecompulsory and carry TWO marks each. There will be no negative marking for wrong of this Question Paper Booklet MUST NOT be opened before the specified time of on opening of Question Paper Booklet , candidates should ensure that it contains100 Questions in total (50 Questions in each Paper ) and none of its page is case of any discrepancy, the Booklet shall be replaced at Question is followed by four alternative answers marked as A, B, C and D.

3 Candidates shallchoose one most appropriate answer to each Question and mark the same in the OMR AnswerSheet by darkening the appropriate circle only in the manner as prescribed in the OMR of more than one circle corresponding to any Question or leaving all the circles blankor overwriting/cutting any answer(s) shall be taken as wrong answer for computation of of answer(s) in the Question Paper Booklet shall not be considered in anycircumstance for award of marks. The Institute shall neither entertain any claim nor be liable torespond to any of the query in the aforesaid work, if any, should be done only on the space provided in this Question Paper The Copyright of this Question Paper Booklet and Multiple Choice Questions (MCQs) containedtherein solely vests with the Candidates are required to secure a minimum of 40% marks in each Paper separately and50% marks in aggregate of all the papers put together to Pass Foundation Programme (SIGNATURE OF CANDIDATE)2 / 1 BEE(311) & BMEC(312): 2 :2/2013/BEE & BMEC ANSWERS MARKED IN THE OMR ANSWER SHEET SHALL ONLY BE EXAMINEDC ontd.

4 Space for Rough Work2 / 2: 3 :BEE(311) & BMEC(312)2/2013/BEE & BMEC ANSWERS MARKED IN THE OMR ANSWER SHEET SHALL ONLY BE one of the following is not a featureof business environment ?(A) Dynamic nature(B) Image building(C) Uncertainty(D) Totality of external one of the following describes thedesired future position of a company ?(A) Mission statement(B) Vision statement(C) Competitive advantage(D) Qualitative process of eliminating unnecessarycontrols and restrictions on the smoothfunctioning of a business enterprise is knownas (A) Liberalisation(B) Globalisation(C) Privatisation(D) None of the choice of an appropriate form ofbusiness organisation largely depends upon of and aspectsCorrect option is (A) I and II(B) II and III(C) I and III(D) I, II and minimum number of members requiredto get a co-operative society registered is (A) 15(B) 20(C) 10(D) of the following entity is createdunder an Act of the Parliament or an Actof the State legislature ?

5 (A) Statutory corporation(B) Government companies(C) Co-operative society(D) Limited Liability form of business organisation has aseparate legal entity ?(A) Hindu Undivided Family (HUF)(B) Co-operative society(C) Partnership firm(D) Sole which of the following, personal digitalassistants (PDAs) are used for buying andselling of goods and services ?(A) E-commerce(B) M-commerce(C) V-commerce(D) All of the 1 (Q. No. 1 to 50)BUSINESS ENVIRONMENT AND ENTREPRENEURSHIPPART ABUSINESS ENVIRONMENT2 / 3 BEE(311) & BMEC(312): 4 :2/2013/BEE & BMEC ANSWERS MARKED IN THE OMR ANSWER SHEET SHALL ONLY BE EXAMINEDC ontd .. online purchase of a book is an example of (A) B2B e-commerce(B) B2C e-commerce(C) C2B e-commerce(D) C2C a car manufacturing firm, which of thefollowing business process is most suitablefor outsourcing ?

6 (A) Production Management(B) Quality Assurance(C) Customer Relationship(D) None of the servicing is an example of (A) Batch processing(B) Job processing(C) Flow processing(D) Contract of the following type of budget isprepared to assess the level of inventories,receivables, etc. ?(A) Material Budget(B) Profitability Budget(C) Cash Budget(D) Working Capital of the following strategy focuses onissues of production processes, material, (A) Operation Strategy(B) Business Unit Strategy(C) Corporate Strategy(D) Marketing _____ is responsible forcomplying procedural formalities relating tocorporate restructuring in a company (A) Finance function(B) Marketing function(C) Secretarial function(D) Administration pricing litigations are generallyrelated to (A) Domestic Companies(B) Multinational Companies(C) Public Enterprises(D) Statutory Authority.

7 : 5 :BEE(311) & BMEC(312)2/2013/BEE & BMEC ANSWERS MARKED IN THE OMR ANSWER SHEET SHALL ONLY BE _____ means "adhere to the decisionand do not unsettle things which areestablished" (A)Stare decisis(B)Ratio decidendi(C)Obiter dicta(D) None of the contract is (A) A promise to do something or abstainfrom doing something(B) A communication of intention to dosomething or abstain from doingsomething(C) A set of promises(D) An agreement enforceable by a new contract is substituted in place ofan existing contract, it is called (A) Alteration(B) Rescission(C) Novation(D) contract of indemnity is a (A) Contingent contract(B) Wagering contract(C)Quasi contract(D) Void consent is obtained under undueinfluence, the contract is termed as (A) Valid contract(B) Void contract(C) Voidable contract(D) Unilateral surety may be discharged from liability notice of revocation of the failure of payment by the the creditor does any act which isagainst the rights of the option is (A) X and Y(B) Y and Z(C) X and Z(D) X, Y and per the Sale of Goods Act, 1930, goods include goodsIV.

8 Actionable claimsCorrect option is (A) I, II and III(B) II, III and IV(C) I, II and IV(D) I, II, III and BBUSINESS LAWS2 / 4 BEE(311) & BMEC(312): 6 :2/2013/BEE & BMEC ANSWERS MARKED IN THE OMR ANSWER SHEET SHALL ONLY BE EXAMINEDC ontd ..23. An agreement for rendering services enteredinto by a father on behalf of his minordaughter is (A) Void(B) Voidable(C) Valid(D) agent who in consideration of extracommission gives guarantees to his principalthat the purchaser of the goods on creditwill pay for the goods is called (A) Sub-agent(B) Mercantile agent(C) Brokers(D)Del credere the behavior of a person shows that he isa partner in a firm (when actually he is not),such a person is known as (A) Nominal partner(B) Sleeping partner(C) Sub-partner(D) Partner by of the following are the rights of apartner in a partnership firm ?

9 Take part in the conduct andmanagement of the receive remuneration for activeworking in the receive interest on the capitalinvested in the firmW. To receive share in the profitCorrect option is (A) X and Y(B) X and Z(C) X and W(D) X, Z and which of the following cases, apartnership firm may be dissolved ? the death of a the insolvency of a the retirement of a partnerCorrect option is (A) X and Y(B) X and Z(C) Y and Z(D) X, Y and of the following maxim means'No one can pass a better title than he himselfhas' ?(A)Caveat emptor(B)Nemo dat quod non habet(C)Res integra(D)Sine meaning of legal maxim 'mens rea'is (A) A pending suit(B) Immediate profits(C) During litigation(D) A guilty of the following are thecharacteristics of a private company ?

10 Liability of transferability of sharesCorrect option is (A) X and Y(B) Y and Z(C) X and Z(D) X, Y and Z.: 7 :BEE(311) & BMEC(312)2/2013/BEE & BMEC ANSWERS MARKED IN THE OMR ANSWER SHEET SHALL ONLY BE of the following gives a right to claimdamages for its breach ?(A) Conditions(B) Warranties(C) Both (A) and (B) above(D) None of the of the following is a valid promissorynote (A) I owe A `500(B) I promise to pay `1,000 ten days afterthe death of B(C) I promise to pay the bearer `1,000(D) I promise to pay `1,000 after themarriage of of the following is an exampleof immaterial alteration in a negotiableinstrument ?(A) Changing the date(B) Changing the sum payable(C) Crossing the instrument(D) Changing the place of of the following negotiableinstrument is drawn, accepted or endorsedwithout consideration ?