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100+ Free CHSE Odisha Elective BSM Practice Questions

Council of Higher Secondary Education, Odisha (CHSE Odisha) Higher Secondary (+2) Elective Business Studies and Management (Commerce stream, 2nd Elective Compulsory) practice questions are available now; exam metadata is being verified.

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2026 Statistics

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 aligned to official units—not a pure official-format simulation.

Sample CHSE Odisha Elective BSM Practice Questions

Try these sample questions to test your CHSE Odisha Elective BSM exam readiness. 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 Practice Questions

Verified exam format metadata for Council of Higher Secondary Education, Odisha (CHSE Odisha) Higher Secondary (+2) Elective Business Studies and Management (Commerce stream, 2nd Elective Compulsory) is pending. The practice questions above remain available while official exam length, timing, passing score, fee, and administrator details are reviewed.