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Exam Review

Key Facts: CHSE Odisha Elective BSM Exam

200 marks

Elective BSM total across Year 1 (100) + Year 2 (100)

CHSE Odisha Commerce Courses of Studies

2nd Elective

Compulsory Commerce elective (Paper I + Paper II)

CHSE Odisha Commerce scheme of studies

80+20

Common yearly split: Theory 80 + Project/Viva 20

CHSE BSM question pattern / SCSTRTI workbook aligned to AHSE

Year-2 Council

AHSE paper that counts toward the final pass certificate

CHSE Odisha scheme of studies

In AHSE fee

No separate elective marketplace fee; included in session exam fee

CHSE Odisha AHSE fee structure via colleges

CHSE Odisha Elective BSM is a +2 Commerce compulsory elective (200 marks: Year-1 business forms & trade + Year-2 management, markets, marketing & consumers). Council Year-2 AHSE counts for the pass certificate. This free 2026 bank is an English MCQ study adaptation covering topics from official units—not a pure official-format simulation.

Sample CHSE Odisha Elective BSM Practice Questions

Try these sample questions to review concepts for the CHSE Odisha Elective BSM exam. Each question includes a detailed explanation. Start the interactive quiz above for the full 100+ question experience with AI tutoring.

1According to the CHSE +2 BSM syllabus, which set correctly classifies economic activities?
A.Business, profession, and employment
B.Only hobbies pursued without income
C.Only patriotism and social service
D.Only government taxation without production
Explanation: Economic activities earn livelihood and are classified as business, profession, and employment. Non-economic activities (love, patriotism, social welfare) are done for motives other than money income.
2Which activity best matches the syllabus definition of business?
A.Compulsory military service with no commercial aim
B.Regular production or distribution of goods/services mainly to earn profit
C.A one-time gift of books to a friend
D.A doctor’s salaried job in a government hospital only
Explanation: Business is conducted on a regular basis to earn profit through production and distribution of goods and services. Employment is work for remuneration; irregular gifts are not business.
3When a doctor runs a private clinic applying specialised medical skill for fees, the activity is primarily:
A.Pure hobby without income
B.Extractive industry mining
C.Profession
D.Employment only with no skill standard
Explanation: Profession means earning a living through specialised knowledge and skill (with professional codes). A private clinic exemplifies profession; employment is working for another for pay.
4Utilities created by business in the BSM key concepts include form, place, time, and:
A.Only atmospheric utility
B.Only military utility
C.Only gravitational utility
D.Ownership utility
Explanation: Business creates form, place, time, and ownership utilities by changing form, moving goods, storing for later use, and transferring title.
5Primary industries in the syllabus classification include which pair?
A.Genetic and extractive industries
B.Only retailing and wholesaling of finished goods
C.Only advertising and insurance
D.Only stock-exchange trading of securities
Explanation: Primary industries include genetic (e.g., plant/animal breeding) and extractive (mining, fishing, farming extraction). Advertising and insurance are aids to trade (tertiary/service).
6Secondary industry in the BSM classification mainly covers:
A.Only pure banking without production
B.Manufacturing and construction
C.Only pure cargo shipping without production
D.Only pure insurance underwriting
Explanation: Secondary industries process primary produce into goods (manufacturing) and include construction. Banking, shipping, and insurance are aids to trade/tertiary services.
7Commerce in the syllabus is best described as comprising:
A.Only quarry extraction of minerals
B.Only house construction without exchange
C.Trade and aids to trade
D.Only genetic plant breeding
Explanation: Commerce = trade (home and foreign) + aids to trade (transport, banking, insurance, advertising, warehousing). Industry produces; commerce facilitates exchange.
8Which list correctly names aids to trade (tertiary/service industries) in the CHSE BSM outline?
A.Only brick-laying and assembly-line manufacturing
B.Only unpaid volunteer community meals
C.Only genetic farming and open-cast mining
D.Transport, banking, insurance, advertising, and warehousing
Explanation: Aids to trade remove hindrances of place, time, risk, finance, and information: transport, banking, insurance, advertising, and warehousing.
9Home (internal) trade is subdivided into:
A.Wholesale trade and retail trade
B.Only import without any local sale
C.Only capital-market listing of shares
D.Only entrepot trade with no domestic link
Explanation: Home/internal trade occurs within a country’s borders and is classified as wholesale and retail. Import, export, and entrepot are foreign-trade types.
10In foreign trade classification taught in BSM, entrepot trade means:
A.Manufacturing goods without any trade
B.Importing goods for re-export to other countries
C.Selling only within one city market
D.Hiring employees without producing goods
Explanation: Foreign trade includes import, export, and entrepot (import for re-export). Entrepot hubs re-export after temporary import.

About the CHSE Odisha Elective BSM Exam

Odisha CHSE Higher Secondary Elective Business Studies and Management is the Commerce stream 2nd Elective (Compulsory). Year 1 (Paper I) covers the nature and purpose of business, sole proprietorship and partnership, company formation under the Companies Act 2013, co-operative societies, public/private/global enterprises, internal trade (wholesale and retail), international trade procedures, warehousing, and transport. Year 2 (Paper II) covers management concepts and functions (planning, organising, staffing, directing, controlling), Fayol’s principles and Taylor’s scientific management, the business environment including liberalisation, privatisation and globalisation, financial markets and SEBI, marketing management and the marketing mix, and consumer protection concepts drawn from the syllabus Consumer Protection Act framework. Electives total 200 marks; the Council Year-2 paper counts toward the pass certificate.

Exam sponsor: Council of Higher Secondary Education, Odisha (CHSE Odisha). The requirements and fees below concern the certification or admission exam, separate from our free practice resources.

Assessment

CHSE Odisha Higher Secondary Elective Business Studies and Management carries 200 marks (100 Year-1 Paper I at college level + 100 Year-2 Paper II at Council AHSE for the final pass certificate). Each year commonly splits as Theory 80 + Project/Viva 20. Theory papers are typically about 3 hours. Year 1 covers nature of business, forms of organisation, internal and international trade, and business services. Year 2 covers management nature and functions (including staffing), principles (Fayol and Taylor), business environment (LPG), financial markets, marketing management, and consumer protection. This free bank is an English MCQ study adaptation—not a full long-answer or project simulation.

Time Limit

3 hours (per theory paper)

Passing Score

~30% minimum in theory (confirm current AHSE circular)

Exam / Certification Fees

Included in the CHSE Odisha AHSE examination fee for the session (collected through the affiliated college/H.S. school; no separate public per-elective marketplace fee).

Exam sponsor website

Fees, eligibility, and exam policies can change. Confirm them with the exam sponsor before applying or paying.

Our practice resources: topics covered

We aim to reflect publicly available exam outlines and topic information in our study resources. Coverage, format, and difficulty may differ from the actual exam, and we cannot guarantee that every detail is accurate or current. Confirm exam requirements, fees, and policies with the official exam sponsor.

~12% of this local bank

Nature & Purpose of Business

Economic activities; industry and commerce; trade and aids; risk and objectives.

~10% of this local bank

Sole Prop & Partnership

Features, types of partners, deed, registration.

~12% of this local bank

Company, Co-op & Public Sector

Company documents, co-ops, departmental undertakings, JV, PPP.

~8% of this local bank

Internal Trade

Wholesaler and retailer types and large-scale retail.

~8% of this local bank

International Trade & Services

Import/export/entrepot, documents, warehouse, transport.

~12% of this local bank

Management Functions & Staffing

POSDC; staffing as HR; levels of management.

~12% of this local bank

Principles & Environment

Fayol, Taylor, LPG dimensions of environment.

~10% of this local bank

Financial Markets

Money/capital markets, stock exchange, SEBI.

~10% of this local bank

Marketing Management

4Ps, branding, channels, advertising and sales promotion.

~6% of this local bank

Consumer Protection

Rights, responsibilities, redressal concepts, NGO role.

Preparing for the CHSE Odisha Elective BSM Exam

What You Need to Know

  • Passing score: ~30% minimum in theory (confirm current AHSE circular)
  • Assessment: CHSE Odisha Higher Secondary Elective Business Studies and Management carries 200 marks (100 Year-1 Paper I at college level + 100 Year-2 Paper II at Council AHSE for the final pass certificate). Each year commonly splits as Theory 80 + Project/Viva 20. Theory papers are typically about 3 hours. Year 1 covers nature of business, forms of organisation, internal and international trade, and business services. Year 2 covers management nature and functions (including staffing), principles (Fayol and Taylor), business environment (LPG), financial markets, marketing management, and consumer protection. This free bank is an English MCQ study adaptation—not a full long-answer or project simulation.
  • Time limit: 3 hours (per theory paper)
  • Exam / certification fees: Included in the CHSE Odisha AHSE examination fee for the session (collected through the affiliated college/H.S. school; no separate public per-elective marketplace fee). Official sources

Using Our Practice Resources

  • Work through all 100 available questions
  • Review every answer and explanation
  • Track weak areas and revisit them
  • Use our AI tutor for tough concepts

CHSE Odisha Elective BSM: Suggested Study Strategy

1Separate Paper I (business & trade) from Paper II (management, markets, marketing, consumers) study calendars.
2Memorise distinctions: business vs profession vs employment; wholesale vs retail; marketing vs selling; money vs capital market.
3Drill Fayol’s principles and Taylor’s techniques with short case examples (store, factory, fast-food outlet).
4Trace export and import document sequences (enquiry → order → LC → shipping docs → payment).
5Use Bureau's Higher Secondary (+2) BSM and current AHSE circulars from chseodisha.nic.in; complete the project outline early.

Frequently Asked Questions

How is CHSE Odisha Higher Secondary Elective Business Studies and Management examined?

BSM is the Commerce 2nd Elective (Compulsory) carrying 200 marks (100 Year-1 Paper I college-level + 100 Year-2 Paper II Council AHSE). Each year commonly uses Theory 80 + Project/Viva 20. The Council Year-2 result contributes to the final pass certificate. Theory papers are typically about 3 hours and mix objective and analytical written items—not a pure MCQ board paper.

What does Year 1 BSM cover?

Paper I covers nature and purpose of business; sole proprietorship and partnership; company, co-operative society, and public/private/global enterprises (including JV and PPP); internal trade (wholesalers and retailers); and international trade with warehousing and transportation as business services.

What does Year 2 BSM cover?

Paper II covers nature, significance and functions of management (planning, organising, staffing, directing, controlling); principles of management (Fayol and Taylor) and the business environment including LPG; financial markets and SEBI; marketing management and the marketing mix; and consumer protection concepts under the syllabus framework.

Is this practice bank the same format as the official CHSE paper?

No. Official papers mix objective and constructed-response business analysis, plus project work. This bank is an English-language multiple-choice study adaptation for concept revision—not an official blueprint replica or project substitute.

What is the pass mark?

CHSE Odisha AHSE practice commonly requires about 30% as the minimum pass floor in theory (for example, where theory is 80 with project/internal). Confirm the current AHSE notification on chseodisha.nic.in.

What does the exam cost?

Examination charges are included in the CHSE Odisha AHSE fee structure notified for the session and collected through the affiliated college/H.S. school—no separate public per-elective marketplace fee.