Class 12 Business Studies Previous Year Papers 2026: Last 5 Years Questions for Board Exam

Class 12 Business Studies Previous Year Papers 2026: CBSE Class 12 Business Studies has been scheduled for the candidates to be held on March 28, 2026. Candidates should use thier last revision round smartly. They should focus on the Class 12 Business Studies Last 5 Years Questions For Revision. It can help them to know the MCQ and short-question type answers asked in the exam. Revise the questions. Don’t forget to carry the printed copy of the hall ticket to the test centre on March 28, 2026. 

Class 12 Business Studies Last 5 Years Questions For Revision

Candidates can refer to the Class 12 Business Studies Last 5 Years Questions For Revision. It can give them an idea of the type of questions asked in the actual exam scheduled for March 28, 2026. 

Part 1: Multiple Choice Questions (MCQs)

Q1. Financial Management

The risk related to the inability to meet fixed financial charges like interest payments and other payment obligations is known as:

• (A) Business Risk

• (B) Financial Risk

• (C) Operating Risk

• (D) Market Risk

Answer: (B) Financial Risk

Q2. Levels of Management

Bimal Rai works at Funny Bunny Ltd., a company manufacturing toys. His main task is to integrate diverse elements and coordinate the activities of different departments. He also analyses the business environment and its implications for the survival of the firm. At which level of management is Bimal Rai working?

• (A) Top Level

• (B) Middle Level

• (C) Lower Level

• (D) Supervisory Level

Answer: (A) Top Level

Q3. Business Environment

Due to a growing trend toward healthy consumption habits, the demand for organic vegetable seeds is increasing. Which dimension of the business environment is reflected here?

• (A) Economic Environment

• (B) Social Environment

• (C) Technological Environment

• (D) Political Environment

Answer: (B) Social Environment (Note: While "demand" is economic, the cause is a change in social habits).

Q4. Marketing Functions

The marketing manager of a car showroom informs a customer that the company offers credit facilities, maintenance services, and other services that help in bringing repeat sales. Which marketing function is being discussed?

• (A) Standardisation and Grading

• (B) Customer Support Services

• (C) Promotion

• (D) Product Designing and Development

Answer: (B) Customer Support Services

Q5. Marketing Philosophy

Which of the following statements is incorrect with respect to the exchange mechanism?

• (A) For an exchange, there should be at least two parties.

• (B) The parties do not have the freedom to accept or reject the offer.

• (C) Each party should be capable of offering something of value.

• (D) The acceptance must be voluntary, not under compulsion.

Answer: (B) The parties do not have the freedom to accept or reject the offer. (In a true exchange, freedom of choice is mandatory.

Q6. Consumer Protection

Which quality certification mark is used for electrical appliances to ensure safety and quality?

• (A) AGMARK

• (B) ISI Mark

• (C) Hallmark

• (D) FPO Mark

Answer: (B) ISI Mark

Q7. SEBI Functions

Which of the following is not a protective function of the Securities and Exchange Board of India (SEBI)?

• (A) Prohibition of fraudulent and unfair trade practices.

• (B) Controlling insider trading.

• (C) Promoting fair practices and a code of conduct.

• (D) Undertaking measures to develop the capital market by adopting a flexible approach.

Answer: (D) Undertaking measures to develop the capital market... (This is a Development Function, not a Protective Function).

Part 2: Short and Long Answer Questions

Q 1. Coordination (Case Study)

• The Problem: The Production Manager wants to increase output, but the Sales Manager disagrees because the product quality doesn't match current trends.

• Concept Identified: Coordination.

• Importance of Coordination: 1. Growth in Size: As the organisation grows, more people and departments need to be synced.
  2. Specialisation: Specialists often think they are always right; coordination reconciles their differences.

Q2. Communication

• Meaning: The process of exchanging ideas, views, or information between two or more persons to create a common understanding.

• First Two Elements of the Process:

1. Sender: The person who conveys the message.

2. Message: The actual content or information to be shared.

Q3. Human Resource Management (HRM)

• Specialised Activities of an HR Manager:

1. Recruitment and Selection.

2. Designing Compensation and Incentive plans.

3. Handling grievances and complaints of employees.

Q4. Financial Planning

• Importance:

1. Helps in forecasting what may happen in the future under different business situations.

2. Helps in avoiding business shocks and surprises.

3. Coordinates various business functions (like sales and production).

Q5. Fixed Capital Requirements

• Factors Affecting Fixed Capital:

1. Nature of Business: A manufacturing firm needs more fixed capital than a trading firm.

2. Scale of Operations: Larger organisations need more plants and machinery.

3. Technology Upgradation: Industries where assets become obsolete quickly need more capital to replace them.

Q6. Staffing (Internal vs. External)

• Limitations of Internal Recruitment:

1. Prevents "fresh blood" or new talent from entering.

2. Employees may become lethargic (lazy) if they know promotions are time-bound.

3. Not suitable for new enterprises.

• External Sources Defined:

1. Direct Recruitment: Placing a notice on the office gate/notice board for casual labor.

2. Casual Callers: Keeping a database of unsolicited applications and calling them when a vacancy arises.